The capex, which will be funded via a mixture of internally-generated funds and bank borrowings, will mainly be used to buy new vessels and… (malaysiabusiness) [mappress] Source: malaysiabusiness, July 5, 2011;
Pancontinental Oil & Gas NL (“Pancontinental”) announces that late on 4 July 2011 it received a signed Petroleum Agreement (“PA”) and Petroleum Exploration Licence No. 0037 (“EL”) from the Ministry of Mines and Energy of the Republic of Namibia, effective 28 June 2011. The PA and EL area is located
DOF Subsea UK secures contract with Tullow Oil to provide Jumper/Spool Installation services from Skandi Constructor in Ghana. Aberdeen-based specialist subsea service company DOF Subsea UK, a subsidiary of DOF ASA, has secured a contract with Tullow Oil to provide Jumper/Spool Installation services
Nuvolt Corporation Inc. announces the establishment of a technological showcase for the maritime market. In collaboration with ”Navware”, its exclusive distributor for this market, an agreement was entered into with an important ship-owner who agreed to the use of one of its vessels to adapt the Sma
Kongsberg Maritime AS, a fully owned subsidiary of Kongsberg Gruppen ASA has reached agreement in principle with major shareholders in Evotec AS regarding acquisition of the company. Evotec AS develops and delivers marine technology handling systems to market segments like seismic, offshore supply a
DOF Subsea UK secures contract with Tullow Oil to provide Jumper/Spool Installation services from Skandi Constructor in Ghana. Aberdeen-based specialist subsea service company DOF Subsea UK, a subsidiary of DOF ASA, has secured a contract with Tullow Oil to provide Jumper/Spool Installation services
Kongsberg Maritime AS, a fully owned subsidiary of Kongsberg Gruppen ASA (KONGSBERG) has reached agreement in principle with major shareholders in Evotec AS regarding acquisition of the company. Evotec AS develops and delivers marine technology handling systems to market segments like seismic, offsh
Marine solutions leader Offshore Marine Management (OMM) announces the launch of a new survey and subsea business this week, to cater for… (EEEGR) [mappress] Source: EEEGR , July 5, 2011;
Maersk Drilling, a business unit within the A.P. Moller- Maersk group, has declared its option to build two ultra deepwater drillships at Samsung Heavy Industries in South Korea. The drillships are scheduled for delivery in the second and third quarters of 2014, respectively. The total project cost
The end-to-end intelligence and dynamic control of the electricity across the grid has become the defining function of the smart grid… (forbes) [mappress] Source: forbes, July 4, 2011;
Defence procurement agency DGA has placed an order with DCNS for the third Barracuda-type nuclear-powered attack submarine for the French Navy. This order comes under the framework programme contract awarded to DCNS in December 2006 calling for the delivery of six next-generation SSNs between 2017 a
Statoil has awarded the contract for construction of two new drilling rigs for use on the Norwegian continental shelf (NCS) to Songa Offshore. The contract for the two category D rigs is worth an aggregate USD 2,47 billion for a fixed eight-year charter period. “Stepping up our industrialisation of
Ovenden Earthmoving Co Ltd of Wingham Well near Canterbury has taken delivery of a new Volvo L180G wheeled loader and three A30F articulated haulers as an increment to its plant fleet. These latest additions to Ovenden’s earthmoving fleet of primarily Volvo branded machines were chosen once again th
Marine solutions leader Offshore Marine Management announces the launch of a new survey and subsea business this week, to cater for a growing demand from clients worldwide for the full range of subsea cable services to be available from the one supplier. The new business will focus on the three stra
