Annual General Meeting of Shareholders (AGMS) PT Pertamina approved the company’s capital expenditure this year to rise 76.4 percent to 37.1 trillion rupiah 76.4 percent from 19.9 trillion rupiah in 2010 prognosis. As much 76.4 percent or 28.4 trillion rupiah of the capital expenditure allocated for
The floating production unit Maersk Peregrino is in position and ready to work in the booming Brazilian offshore market. The transformation is the pinnacle of a comprehensive process and succeeded only due to excellent partnership and teamwork. The Maersk Peregrino, which comes with a price tag on t
DOF Subsea AS’s subsidiary, the Aberdeen-based specialist subsea service company DOF Subsea UK has been awarded multiple contracts with Saipem. The first award is for the design and provision of 35 Subsea Transponder Frames for installation in the Kizomba Field, Angola. The second award is with Saip
Two of Germany’s most prominent shipyard groups – P&S Yards and Meyer Werft – have announced new orders for ship types seen as crucial for… (motorship) [mappress] Source: motorship, January 25, 2011
Approximately 30 voters gave their approval last week to paying $126,100 more toward the town’s dredging project in Bass Harbor, according… By Bill Trotter (bangordailynews) [mappress] Source: bangordailynews, January 25, 2011;
Lundin Petroleum AB announces the details of its USD 540 million development and exploration budget for 2011. The budget represents a 38 percent increase on the forecast 2010 capital expenditure. The development budget for 2011 is USD 240 million with a major focus on development activities in Norwa
Crews could start pumping sand as soon as mid- March to rebuild a million square feet of beach on the northern end of Fort Myers Beach. The… BY BRIAN LIBERATORE (news-press) [mappress] Source: news-press, January 25, 2011;
The primary architect of Maple Ridge Wind Farm is seeking to develop the nation’s first offshore wind farm. “I guess I like a challenge,”… By Steve Virkler (watertowndailytimes) [mappress] Source: watertowndailytimes, January 25, 2011
The primary architect of Maple Ridge Wind Farm is seeking to develop the nation’s first offshore wind farm. “I guess I like a challenge,”… By Steve Virkler (watertowndailytimes) [mappress] Source: watertowndailytimes, January 25, 2011
Oil Search today announced activities report for the quarter ended 31 December 2010. Commenting on the quarter, Managing Director, Peter Botten, said: PNG LNG Project “Work on the PNG LNG Project in the fourth quarter continued to focus on preparing the various key Project sites and on the construct
Reference is made to the press release sent out by Songa Offshore SE (the “Company”) on 24 March 2010 regarding the investment of 31,25% of the shares in Deepwater Driller Ltd (“Deepwater Driller”). Deepwater Driller owns the “Songa Eclipse”, a 6th generation Friede & Goldman ExD ultra-deepwater sem
State Sen. Tom Davis thinks South Carolinians won’t see a long-awaited port in Jasper County for decades if Georgia gets federal approval… By JOSH McCANN (islandpacket) [mappress] Source: islandpacket, January 25, 2011;
Milan City Council member Michael Armitage, who was among the leaders of a recent effort to rehabilitate Ford Lake, said that officials from… By Gerald LaVaute (heritage) [mappress] Source: heritage, January 25, 2011;
A bureaucratic dispute has stalled a long-awaited $25 million project that would funnel freshwater from the Houma Navigation Canal into a… By Nikki Buskey (houmatoday) [mappress] Source: houmatoday, January 25, 2011;
