News
CBM Asia Engages UK Investor Relations Firm
CBM Asia Development Corp. announced that due to a sharp increase in the level of interest from the UK investment community the Company has retained the service of Buchanan Communications Ltd., subject to the acceptance of the TSX Venture Exchange. Buchanan Communications Ltd., based in London, UK,
New Industry Leaders Join Global Alliance to Develop Sustainable Shipping Industry
Industry leaders AkzoNobel, the largest global paint and coatings company and producer of specialty chemicals, and U-Ming Marine Transport Corporation – a major Taiwanese marine transporter of cement dry commodities and raw materials with 44 ships – have both joined an ambitious global coalition of
Dredging on Leicester Line Sheduled for Next Week (UK)
Over the Christmas period a section of embankment on the Grand Union Canal Leicester Line near the village of Foxton slipped into the water and blocked approximately 60 metres of canal to passing boats. Canal and River Trust is carrying out investigations to find out the exact cause of this slippage
Leni, MOG Go to Court Over Malta Deal
Leni Gas & Oil yesterday issued proceedings against Mediterranean Oil and Gas Plc (“MOG”) in the High Court of England and Wales in regard to the Company’s 31 July 2012 sale of its 10% interest in Malta Area 4 PSC to MOG. Leni’s Chief Executive, Neil Ritson said: “We have repeatedly asked MOG to ans
France: Bids Invited for Repair Works on Dredger “Cap Croisette”
The Languedoc-Roussillon Region has invited bidders for the provision of technical solutions for the repairs and maintenance services of the trailing suction hopper dredger “Cap Croisette”, located at the Port of Sète. This program includes the draining of the machine, refits, painting and metal wor
Poland: Officials Seek Bids for Port of Gdynia Reconstruction
Zarzad Morskiego Portu Gdynia S.A. has announced tender for the reconstruction of the Port of Gdynia on the western part of the quay to make it possible to berth a Panamax vessel measuring 245m x 34.5 m x 12.7 m and 63000D WT.W. The project includes: – Reconstruction of hydraulic engineering constru
Port of Constanta Dredging Plan Unveiled (Romania)
Administratia Porturilor Maritime has announced the details about the Port of Constanta dredging plan. This project will include: – Dredging works designed for equalising the level of the river and fairway to the main Port of Constanta; – Deepening of the harbour basin; – Deepening of the fairway an
UK: QinetiQ Works on Marine Platform Development
QinetiQ GRC naval architects in combination with their Paramarine software are working with QED Naval Ltd in the development of a marine platform (Subhub) that can transport, install, anchor and maintain wave and tidal turbines through life. This will bring major cost and time advantages to tidal tu
Bridge Welcomes Cairn and JX Nippon to Aragon Prospect (UK)
Bridge Energy has completed an agreement with Agora Oil & Gas (UK) Limited, owned by Cairn Energy, and JX Nippon Exploration & Production (UK) Limited for the farm-down of a 16.5% working interest in the P1763 Aragon prospect in the UK Northern North Sea. As a result of the Transaction, all parties
Songa Hands Over Semi-Submersible Rig to Seadrill
Songa Offshore SE yesterday finalised the formal handover of Songa Eclipse to Seadrill in line with the Memorandum of Agreement from November 2012. As previously reported, Songa’s net proceeds from the sale is USD 590 million. After repayment of debt, the net cash effect from the sale proceeds will
Skangass Names New MD, Norway
Tor Morten Osmundsen takes over as Managing Director of Skangass AS, replacing Bjørn Torkildsen. The change is being made as a consequence of the company’s transition to a new phase, with a stronger commercial focus. “I have been in charge of Skangass through the development phase, during which we h
Subsea 7 Clinches $300 Mln UK North Sea Job
Subsea 7 S.A. has been awarded a contract valued at approximately US$300 million from Dana Petroleum, for the provision of subsea EPIC services in support of their Western Isles development project in the UK North Sea. The contract scope includes the engineering, procurement, construction and instal
UK: Montrose Port on Expansion Track
Great news for Montrose is that the Port Authority has issued a tender for the building of a new quay, 170 metres long, at the north side of the harbour. There would be 30 metres of concrete hard-standing, which would also be a heavy lift area. The estimated cost is in the region of £6 […]
UK: E.ON Orders Four Vessels from Alicat
E.ON has awarded Great Yarmouth based Alicat Workboats a contract to build four new state of the art vessels to support offshore wind generation. The first to be built will serve E.ON’s Robin Rigg Wind Farm off the Solway Firth. Alicat Workboats was established in 2009 in response to a growing deman