Westports Malaysia has decided to embark on the “Container Terminal 8 Expansion Plan” which is critical in ensuring the continuous growth of the company moving forward. The company recorded a 12% surge in its container volume throughput to 6.18 million TEU in the first 9 months of 2014. The company’
Østensjø Rederi won a tugboat contract at Melkoya terminal for Statoil.
Baker Hughes Incorporated has posted the international rig count for October 2014 on its Investor relations website. The international offshore rig count is up by 10 rigs when compared to last year. The international rig count for October 2014 was 1,308, down 15 from the 1,323 counted in September 2
Statoil Petroleum AS, operator of production licence 230, has completed drilling of wildcat well 7227/10-1, in the Barents Sea. Statoil was granted a drilling permit for well 7227/10-1 from the Norwegian Petroleum Directorate (NPD) in October, 2014. The name of the prospect is “Saturn”. The well was
Primeline Energy Holdings Inc. has confirmed the financing for its share of the costs of the LS36-1 gas field development. The LS36-1 gas field is located in 84m of water in the East China Sea about 150km from the major city Wenzhou. The field was discovered by Primeline and has been developed by CN
A joint venture between national construction, asset management and project investment firm GRAHAM and civil engineering and building contractors Lagan Construction Group, has been awarded a £100 million contract to carry out construction at the Green Port Hull site on Alexandra Dock. The work was a
James Fisher Defence (JFD), the subsea operations and engineering company, has been awarded a contract by the Commonwealth of Australia for the long-term provision of the Royal Australia Navy’s (RAN) submarine escape and rescue capability for the next five years, plus options through to 2024. The Ja
Faroe Petroleum has provisionally been awarded two new exploration licences on the UK Continental Shelf in the UK’s 28th Offshore Licensing Round. Fynn – Blocks 15/11 & 15/16d – Faroe 25% Located in the Central North Sea, approximately six kilometres from the Faroe operated Lowlander Field, Fynn is
Chubu Electric to buy 20 spot LNG cargoes from GDF Suez.
A cadre of Norfolk District leaders and staff, accompanied by Deborah Christie with Congressman Scott Rigell’s office, journeyed by boat 14 miles in the middle of the Chesapeake Bay Monday to reaffirm their commitment to assisting in Tangier Island’s subsistence and erosion issues. In a town hall-st
Nautilus Minerals has entered into an agreement for the charter of a vessel to be first deployed for use at the Solwara 1 Project. Marine Assets Corporation (MAC), a marine solutions company based in Dubai which specialises in the delivery of new build support vessels for the offshore industry, will
Mermaid Maritime Public Company Limited announced that the Group has chartered in three additional vessels in the past month to take on new projects, on the back of strong demand for its services. The Group has recently chartered-in the ‘Siem Daya 2’, an offshore subsea construction vessel to provid
Independent Oil and Gas (IOG), the North Sea focused oil and gas company, has been awarded the licence between Cronx and Blythe, in the North Sea, containing the Elgood discovery and Tetley and Rebellion prospects. IOG notes that typically the award of licences in this area are delayed due to enviro
In the first and second quarters of 2014, the Petroleum Safety Authority (PSA) Norway has carried out an audit of the management of well clean-up and well testing on the Norwegian Continental Shelf. The activity was directed at the management, planning and execution of well clean-up and well testing
