Chevron Corporation announced it has sanctioned development of its $4 billion Big Foot project in the deepwater U.S. Gulf of Mexico. “Sanctioning Big Foot underscores our commitment to the Gulf of Mexico and will contribute to future U.S. energy supply,” said George Kirkland, vice chairman, Chevron
World Shipholding Limited, a company indirectly controlled by trusts established by Golar LNG Energy Limited Director John Fredriksen, for the benefit of his immediate family, has on December 15th, 2010 exercised a total of 3,848,820 Golar LNG Energy Limited warrants to acquire shares at a price of
Marine contractor Van Oord has commissioned the construction of a second self-propelled cutter suction dredger to IHC Merwede. This new vessel will be the sister to the Athena, the self-propelled cutter suction dredger that is currently under construction. Like the Athena, the new cutter suction dre
VOSTA LMG’s partner yard J.J. Sietas KG has delivered the first Trailer Suction Hopper Dredger ‘Werner Möbius’ in Hamburg on Friday December 3rd. The ship is delivered to owner Josef Möbius Bau-Aktiengesellschaft, an affiliated company of the Austrian STRABAG AG. The new Hopper Dredge was showed to
FMC has bagged an award for its IOR technology. Norwegian magazine Teknisk Ukeblad awarded FMC the award “The engineer feat of 2010” (Årets ingeniørbragd 2010).
Rocksource and co have set a time for drilling in PL559. Semi-submersible Borgland Dolphin will drill an exploration well in the fourth quarter of 2011, Rocksource states.
FMC Technologies, Inc. announced today that it has signed an agreement with Norske Shell for the manufacture and supply of subsea production equipment for the Ormen Lange development project in the North Sea . The award has a value of approximately $95 million in revenue. FMC’s scope of supply inclu
On 15 December Statoil signed an agreement with Marathon to acquire their 20% interest in the Gudrun project, and their 12.5% interest in the Eirin discovery in the Sleipner area. Statoil increases its holding from 55% to 75% in production licences 025 and 187 in the North Sea. The licences cover th
Rederiforeningen af 2010 will be a reality as from January 1, 2011, after two extra ordinary general assemblies yesterday unanimous decided to merge the two shipowners’ associations Rederiforeningen af 1895 og Rederiforeningen for Mindre Skibe. “It is a great day for the small and medium size shippi
The Russian owner Sovcomflot orders two multifunctional icebreaking supply vessels from Arctech Helsinki Shipyard Oy. The shipbuilding company was formed last week as a joint-venture between STX Finland and United Shipbuilding Corporation.
Cabinet has approved the new arrangements for the Liquefied Natural Gas (LNG) Project for which Prime Minister Bruce Golding has assumed responsibility. At Wednesday morning’s post cabinet press briefing at Jamaica House it was confirmed that a Ministerial Committee has been established chaired by t
British-based SeaEnergy has inked an interim development agreement with the UK’s Crown Estate to take its Inch Cape offshore wind farm a further step forward. The new IDA formalises a heads of terms agreement signed in September this year with the Crown Estate for the Inch Cape project which involve
Trico Marine Services, Inc. today announced that it has reached an agreement with the Company’s major constituents concerning the process of selling Trico’s remaining Towing and Supply vessels and any related operating assets, in accordance with previous public statements that the Company is exiting
Environmentalists brought Gov. Bob McDonnell (R) an early birthday present Wednesday — and they brought it right to his front door at the… By Anita Kumar (washingtonpost) [mappress] Source: washingtonpost, December 16, 2010