As a result of weak financial market conditions, Nautilus Minerals has decided to withdraw its proposed capital raising. Despite a positive response from investors during marketing of the proposed transaction over the past two weeks, adverse market conditions had meant that it was not in the interes
The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 16/2-7, cf. Section 8 of the Resource Management Regulations. Well 16/2-7 will be drilled from the Bredford Dolphin drilling facility at position 58°46’48’’N 02°39’16’’E after completing drilling of wildcat w
FG International Holland BV, the Dutch Special Lifting company, has recently applied a brand new construction called FG Single Pole Lifter. Willtéco was awarded the high profile job to construct and exchange gearboxes on a jack-up platform in IJmuiden, The Netherlands. While the jack-up does have 2
Today, amid great public attention, the DEME Group named and launched its 11,650m³ trailing suction hopper dredger BREUGHEL. The ceremony took place at the IHC Merwede shipyard in Krimpen aan den IJssel in the Netherlands. At exactly 2 pm, the ship was successfully launched after its naming by Mrs B
Royal Niestern Sander today, from yard number 842, delivered m.s. Elbeborg to shipowner Wagenborg Shipping, Delfzijl. Royal Niestern Sander is well established in the area of shipbuilding for merchant shipping and inland shipping. The reference list contains building orders for chemical tankers, res
SeaBird Exploration PLC to inform the following new 2D contracts awarded. The Osprey Explorer has been awarded an LOI by an oil supermajor for a 2D survey between 8,000 and 11,000 kilometres in South America. The vessel will mobilize after her current commitment in the GOM and commence the survey fr
Vroon Offshore announces that yesterday, Thursday 9 June 2011, the company took delivery of VOS Vigilant. VOS Vigilant, a field-support vessel, is the penultimate in a series constructed for Vroon at the Astilleros Zamakona Shipyard, Pasaia. She will join Vroon’s extensive fleet of modern vessels pr
On 7 June 2011 the UMM SALAL, the biggest containership to date belonging to United Arab Shipping Company (UASC), tied up in the Port of Hamburg on her maiden voyage. The giant container ship, with a capacity of 13,100 TEU (20 foot standard containers) was handled at Eurogate Container Terminal Hamb
SeaBird Exploration PLC to inform the following new 2D contracts awarded. The Osprey Explorer has been awarded an LOI by an oil supermajor for a 2D survey between 8,000 and 11,000 kilometres in South America. The vessel will mobilize after her current commitment in the GOM and commence the survey fr
Vostochnaya Stevedoring Company (VSC, part of Global Ports Investments) LLC is now included in the rotation of the transcontinental line of ZIM Integrated Shipping Services, one of the largest ocean cargo carriers. VSC’s container terminal on June 6. completed the handling of the first-ever Panamax-
A delegation of 15 representatives lead by Mr. Bento Lorenco, Vice President of Sociedade Nacional de Combustiveis de Angola （“Sonangol”） and Mr. Xu Shunqing, General Manger of China Sonangol International Limited （“China Sonangol”） recently paid a visit to China Oilfield Services Limited （“COSL” or
Neil Douglas has been named as Institute of Directors (IoD) South West Director of the Year 2011. Neil was honoured at the fifth annual IoD South West Evening with Entrepreneurs at Bristol’s Marriott Royal Hotel, Thursday 9thJune where he was presented with his award by Miles Templeman, Director Gen
Norwegian Ministry of Petroleum and Energy approved the plan for development and operation for Visund South. Production is planned to start up in the third quarter of 2012, and a subsea template is already on its way out to the field. Visund South is located between the Visund and Gullfaks (left) fi
German Offshore Wind Farm developer, Trianel, invites tender for development of Borkum West II. Contractor’s tasks will be: Provision of a vessel for traffic control and monitoring of the construction phase of the Offshore wind farm Borkum West II. Use of a vessel for traffic safety programme (VSF),
