Petronas Gas Bhd yesterday signed a Heads of Agreement with Petroliam Nasional Berhad for the development of Liquefied Natural Gas Regasification Facilities by PGB and the subsequent provision of LNG regasification services by PGB to PETRONAS. The Project will be located in the vicinity of Sungai Ud
IHC Merwede announces naming and launch ceremony of the 5,000m3 gravel trailer, VICTOR HORTA, on Wednesday 15 December 2010. The ship is being built for DEME Building Materials, part of the DEME Group, at the Verenigde Scheepswerf Heusden yard, Bakkersdam 1, 5256 PK, Heusden, The Netherlands. The ce
Karoon Gas Australia Limited (ASX: KAR) has executed an agreement with its joint venture partner, ConocoPhillips (Browse Basin) Pty Ltd (“ConocoPhillips”), under which Karoon will acquire an additional 50% participating interest in Browse Basin permit, WA-314-P. As illustrated in the map below, the
Malaysian company ‘Maritime and Dredging Corporation’ has offered the lowest price of Tk 2.30 billion in the tender for the ‘capital dredging’ project in the port city. Four construction companies dropped tender for the project which were received at the Port Building until 2pm on Wednesday. Some 12
“Piracy has become a major threat in the world as it endangers supply of essential food and energy sources and it can only be tackled with joint endeavours by the navies of the world,” said Commodore Abdul Aleem of the Pakistan Navy. “Even today, at least 21 ships are under hostage with pirates as t
COSCO has announced that it has won orders for three Kamsarmax bulkers for European and Chinese owners. All vessels will be built at the company’s Dalian Shipyard in northeast China. The three 82,000DWT vessels represent a deal worth more than US$110 million and ride on the back for another US$87 mi
Illegal fishing is pushing fishermen out of work, according to Hadijatou Jallow from the Guinea Current Large Marine Ecosystem Project – an organisation assisting countries adjacent to the Guinea Current Ecosystem to achieve environmental sustainability. Sierra Leone, which is also a member of the G
The Mexican government will finally launch in 2011 the tender for construction of the long-delayed mega-port at Punta Colonet, on the country’s Pacific Coast, Secretary of Communications & Transport Juan Francisco Molinar has announced. Punta Colonet will take advantage of the transpacific trade, li
Emerging into the light is the first LIMITED EDITIONS AMELS 212, the largest yacht yet produced to the Dutch shipyard’s successful LIMITED EDITIONS formula. Managing director Rob Luijendijk says this latest launch provides further confirmation that customers really appreciate the AMELS combination o
Leading international renewable energy consultancy Natural Power are pleased to announce a new free web based service providing an estimation of wind flow complexity on potential wind farm sites. As potential development sites with simple, flat terrain become fewer and fewer, more and more projects
Wintershall is making good progress on the path to becoming one of the most important operators in Norway: at the German-Norwegian energy conference “Energy Security” in Berlin, Martin Bachmann, Member of the Board of Executive Directors of Wintershall and responsible for Exploration and Production,
BPZ Resources, Inc. announces the Company has placed the Corvina oil field, located in offshore Block Z-1 in northwest Peru, into commercial production. The Company has started operating the gas compressor at the CX-11 Corvina platform to re-inject the associated gas and thus avoid gas flaring. The
Keppel FELS Limited (“Keppel FELS”)announces that it has signed a contract to build two proprietary KFELS B Class jackup rigs worth US$360 million with Asia Offshore Drilling Limited (“AOD”), a 49% owned affiliate of Mermaid Maritime Public Company Limited (“Mermaid”). This follows a Letter of Inten
Ensco plc announced today that a subsidiary of the Company has sublet ENSCO 8503, a new ultra-deepwater semisubmersible drilling rig that recently mobilized to the U.S. Gulf of Mexico. ENSCO 8503 is scheduled to begin sea trials shortly. Under the sublet agreement, once rig acceptance procedures hav
