Royal Dutch Shell plc announced its intention to commence a share buyback programme in accordance with authority granted by shareholders at the Company’s 2011 Annual General Meeting. The purpose of the share buy-back programme is to offset dilution created by the issuance of shares for the Company’s
Allseas’ Solitaire, the world’s largest pipelay vessel, has completed work on Line 2 of the Nord Stream natural gas pipeline through the Baltic Sea ahead of schedule. The vessel laid 342.5 kilometres of each of the twin pipelines in the Gulf of Finland. “The Solitaire has lived up to all our expecta
The Government has given its approval to deploy a pioneering generator which will harness the power of the Humber estuary to produce… By Alexandra Wood (yorkshirepost) [mappress] Source: yorkshirepost, August 12, 2011
The Government has given its approval to deploy a pioneering generator which will harness the power of the Humber estuary to produce… By Alexandra Wood (yorkshirepost) [mappress] Source: yorkshirepost, August 12, 2011
Board founded for the management of new seaport in Baku, Azerbaijan. Transport Ministry’s Baku International Sea Trade Port currently under construction… (porttechnology) [mappress] Source: porttechnology, August 12, 2011
STX Finland’s Turku Shipyard started the production of the innovative and versatile multipurpose deck cargo vessel ordered by Oy Gaiamare Ab. NB 1379 is an environmentally friendly specialised ship that will be delivered during spring 2012. The vessel has a length of approximately 105 metres and a w
Linklaters has advised GDF SUEZ on the potential acquisition by China Investment Corporation (CIC) of a 30% stake in its Exploration & Production division and of a 10% stake in the LNG Atlantic liquefaction plant in Trinidad and Tobago, for a total amount of €2.9 billion. GDF SUEZ is in advanced exc
STX Finland’s Turku Shipyard started the production of the innovative and versatile multipurpose deck cargo vessel ordered by Oy Gaiamare… (cruiseindustrynews) [mappress] Source: cruiseindustrynews, August 11, 2011
With nightly riots in London, financial uncertainty spreading across Europe and concerns over home-grown terrorism in Scandinavia, the issue… By Katherine Tweed (greentechmedia) [mappress] Source: greentechmedia, August 12, 2011
Today, in Sofia, the contract for the Front End Engineering Design (FEED) and Environmental Impact Assessment (EIA) was signed between “ICGB AD” and the Consortium Penspen Ltd. – C&M Engineering S.A. The Consortium was awarded the contract as a conclusion of an international tender issued in January
UK based Offshore Marine Management (OMM) is significantly expanding its business in the German sector via the establishment of its first Operational Support Base at Cuxport. OMM’s German subsidiary; Offshore Marine Services GmbH (OMS) is also investing in its headquarters in the City of Bremen by r
Hyundai Merchant Marine to launch new service to LLC Moby Dik container terminal Service will call at Russian terminal on a weekly basis Hyundai Merchant Marine, the South Korean shipping and logistics firm, has announced the launch of a new service that will call at the LLC Moby Dik container termi
OF THE nine million people killed in the First World War, few could have died in more unusual or tragic circumstances than those lost in the Battle of May Island. Two hundred and seventy lives were claimed as two submarines sank and three other vessels were damaged on the night of January 31-Febru
Slovenia says it is “deeply dissatisfied” with Italy’s plans to approve an offshore gas terminal and undersea pipeline it considers an envir… (upi) [mappress] Source: upi, August 11, 2011;