China’s oil giant CNOOC Limited announced on Thursday its progress in a 2.6 billion U.S. dollar deal to gain access to offshore oil and gas in the designated area in Nigeria. The move is the latest success by the company to diversify its sources of oil imports to meet the growing demand for oil in [
Two state-owned oil companies from Argentina and Brazil have clinched a deal to jointly explore oil deposits in Argentina’s offshore area, the firms said on Thursday. Brazil’s Petrolos Brasileos, or Petrobras, and Argentina’s Energia Argentina SA, known as Enarsa, said in a statement that they were
A man found floating on a raft between Denmark and Norway says he was thrown overboard from a ship and was adrift for two or three days. He was picked up by a Norwegian gas tanker on Friday morning in the international waters of the Skagerrak. The man, who spoke English, was said to be […]
The long-running and highly reliable Asia Australia Express service (AAX) linking key Southeast Asia ports with Australia has been strengthened with a new ANL vessel, the 2,500 TEU
A NOK 185 million contract covering cables and associated equipment for direct electric heating (DEH) of underwater pipelines has been awarded by Statoil to Nexans Norway. Nexans is to deliver equipment for heating the Tyrihans pipelines. Involving 46 kilometres of 52 kV cable, the system will be us
California’s smog-fighting agency on Thursday approved a sweeping plan to reduce air pollution caused by the ports, rail lines and roadways that move goods around the state. The Air Resources Board’s plan sets out long-term goals and strategies to roll back air pollution levels from cargo movement t
With the boom in the oil and gas exploration sector, fuelled by the recent awarding of new blocks under NELP VI, Indian shipping companies are tanking up to sharpen their focus on the offshore segment. Since offshore installations are away from shore, these require various kinds of support services
Qatar Shipping Company has reported a net profit of QR102.17mn in the first quarter of 2006 as compared with a higher QR130.11mn in the corresponding quarter of previous year. Operating income rose by over 47% to QR229.66mn as compared with QR156.06mn in the corresponding period last year.
Aker Yards Piikkio has entered into contract with Leirvik Module Technology from Norway for the delivery of modular cabins for living quarters of drilling platforms. Leirvik Module Technology AS is one of the leading suppliers of living quarters for offshore industry. They have decided to use modula
The HMS Endurance believes to have found an active volcanic vent in the Antarctic using their new KONGSBERG EM 710 multi beam echo sounder. As in South Georgia our Multi Beam Echo Sounder
Palma de Mallorca, Spain
The China National Offshore Oil Corporation (CNOOC) will invest 100 billion yuan (12.5 billion U.S. dollars) in gas and oil exploration in the next five years, the company source said Tuesday. By 2010, more than 50 new gas and oil fields of CNOOC Limited will be completed and put into production, sa
A DISPUTE between Japan and China over maritime economic zones has seen Japanese fishing boats being turned away from alleged gas-rich waters. This has prompted Japanese authorities to express concerns over a possible violation of Japan
Shippers say the need for increased dredging of the Great Lakes to accommodate shippers has forced some to take detours or handle smaller loads. The issue threatens the shipping of items such as cement, limestone, iron ore, coal, wood pulp, salt and construction materials.
