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Business & Finance

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Fossil EnergyOffshore WindDredging
Ireland: Nautical Acquires Interest in Nemo Oil Discovery
Business & Finance

Ireland: Nautical Acquires Interest in Nemo Oil Discovery

Nautical Petroleum plc announced that it has entered into a farm-in agreement to acquire up to a 65% interest in the Standard Exploration Licence 2/07 containing the Nemo heavy oil discovery. Nemo is situated approximately 60 kilometres offshore Ireland in the North Celtic Sea Basin in c. 90 metre w

about 16 years ago
Singapore: Sembcorp Marine’s Sembawang Shipyard Bags Two FPSO Conversion and Upgrading Contracts Worth $57Million
Business & Finance

Singapore: Sembcorp Marine’s Sembawang Shipyard Bags Two FPSO Conversion and Upgrading Contracts Worth $57Million

Sembcorp Marine’s Sembawang Shipyard has secured two FPSO contracts worth S$75 million (approximately USD 57 Million), reinforcing its reputation as a world-leading shipyard for highly specialised FPSO and offshore conversion and upgrading work. The two contracts are as follows: Conversion of BW Gen

about 16 years ago
Technip Awarded Subsea Contract for Total Islay in the North Sea
Business & Finance

Technip Awarded Subsea Contract for Total Islay in the North Sea

Technip has been awarded a contract, worth approximately €70 million, by Total E&P UK Limited, as operator of the Islay Gas Field, to deliver a full EPCI(1) project in the UK North Sea. The Islay field is located in the North Sea, 440 kilometres north-east of Aberdeen, in 120 metres of water depth.

about 16 years ago
Smart Wind Consortium boost offshore wind plans (UK)
Business & Finance

Smart Wind Consortium boost offshore wind plans (UK)

The Smart Wind Consortium, a joint venture between Siemens and Irish firm Mainstream Renewable Power, today hailed a boost for its plans to… By Eliot Sefton (thefirstpost) [mappress] Source: thefirstpost, September 28, 2010;

about 16 years ago
UK: Subsea 7 Clinches Major Pipelay Framework Agreement for Shell*s European Assets
Business & Finance

UK: Subsea 7 Clinches Major Pipelay Framework Agreement for Shell*s European Assets

Subsea 7 Inc , one of the world’s leading subsea engineering and construction companies, announced today that it has been awarded a 4-year single contractor framework agreement with Shell Upstream International Europe* for subsea pipeline installation services across its European offshore fields and

about 16 years ago
Two firms fined 243,750 pounds for offshore wind worker injury (UK)
Business & Finance

Two firms fined 243,750 pounds for offshore wind worker injury (UK)

Two firms developing an offshore wind farm in the Moray Firth have been fined a total of £243, 750 for health and safety breaches during the… (newenergyfocus) [mappress] Source: newenergyfocus, September 27, 2010;

about 16 years ago
Two firms fined 243,750 pounds for offshore wind worker injury (UK)
Business & Finance

Two firms fined 243,750 pounds for offshore wind worker injury (UK)

Two firms developing an offshore wind farm in the Moray Firth have been fined a total of £243, 750 for health and safety breaches during the… (newenergyfocus) [mappress] Source: newenergyfocus, September 27, 2010;

about 16 years ago
IADC Young Authors Award Presented at Wodcon, Beijing, China, September 8-12 2010
Business & Finance

IADC Young Authors Award Presented at Wodcon, Beijing, China, September 8-12 2010

An IADC Best Paper Award for a Young Author was presented to Yoshiyuki Haseyama at the WODCON XIX, held at the Beijing International Convention Center in Beijing. WODCON is organised by the World Dredging Association, the umbrella group for the CEDA, WEDA and EADA, and is held once in 3 years on alt

about 16 years ago
Brazil: Deep Sea Supply Secures 3 Long Term PSV Contracts Worth $100 M
Business & Finance

Brazil: Deep Sea Supply Secures 3 Long Term PSV Contracts Worth $100 M

Deep Sea Supply announces that the company has been awarded long term contracts with Petrobras for 3 PSVs of UT 755L design for operations in Brazil. The contract period is 4 year firm plus 4 year option. The total value of the firm period of the contracts is in excess of USD 100 mill. Commencement

about 16 years ago
UK: EnCore Oil Signs Jack-up Rig Contract for Catcher Area Drilling
Business & Finance

UK: EnCore Oil Signs Jack-up Rig Contract for Catcher Area Drilling

EnCore Oil plc announced that a rig contract has been signed to enable further drilling to take place in UKCS Central North Sea Block 28/9, where the Catcher discovery was made in June this year. The Transocean Galaxy II heavy duty jack-up rig is expected to return to the Catcher area later this wee

about 16 years ago
Campaign launched to save UK ports
Business & Finance

Campaign launched to save UK ports

A campaign has been launched to highlight the necessity of investment into port facilities in order to safeguard the UK’s place in the wind… (portstrategy) [mappress] Source: portstrategy, September 27, 2010;

about 16 years ago
USA: WEDA and USACE on Annual Meeting in November
Business & Finance

USA: WEDA and USACE on Annual Meeting in November

The Gulf Coast Chapter of the Western Dredging Association is conducting its annual meeting with the Corps of Engineers/Industry on November 2 and 3, 2010 at the Hotel Monteleone. Last years’ meeting at The Westin was very successful, and we are looking to provide the same this year. Check WEDA’s We

about 16 years ago
MacDermid Offshore Solutions Announces New Fluid Monitoring Lab Facility in Ghana
Business & Finance

MacDermid Offshore Solutions Announces New Fluid Monitoring Lab Facility in Ghana

MacDermid Offshore Solutions (MacDermid) announced the opening of a new laboratory facility in Takoradi, Ghana for production and drilling control fluid monitoring and testing. The new facility will serve production operators, drilling contractors, OEM’s, and service companies in West Africa. This n

about 16 years ago
Russia: LUKOIL Exercises Option to Acquire Its Shares from ConocoPhillips
Business & Finance

Russia: LUKOIL Exercises Option to Acquire Its Shares from ConocoPhillips

ОАО LUKOIL and a group of investors headed by UniCredit Bank have acquired 42.5 million ordinary shares in the form of ADR under the agreement with ConocoPhillips. By pursuing this transaction, the Company is implementing a program, approved by the Board of Directors, to raise shareholder returns by

about 16 years ago
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