Buccaneer Energy Limited announces that its executive team has made a series of presentations to the Alaskan Industrial and Development Export Authority (“AIDEA”) and directly to the AIDEA board in respect to AIDEA making a direct equity investment into the Company’s wholly owned subsidiary Kenai Of
Endeavour International Corporation today announces that its chief executive officer William L. Transier and chief financial officer Michael J. Kirksey are scheduled to present at two upcoming investor conferences: * The Canaccord Genuity Global Energy Conference in Miami on Tuesday, November 30, 20
Statoil and its consortium partners – Shell and GDF Suez – have been awarded two large exploration blocks in the Baffin Bay bid round in West Greenland. Shell will be the operator of both blocks. Blocks 5 and 8, where Greenland’s national oil company Nunaoil will have a carried interest during the e
BP announced that it has entered into an agreement to sell its interests in Pan American Energy (PAE) to Bridas Corporation. PAE is an Argentina-based oil and gas company owned by BP (60 per cent) and Bridas Corporation (40 per cent). Bridas Corporation will pay BP a total of $7.06 billion in cash f
India’s first international container transhipment terminal (ICTT) at Vallarpadam near Kochi will be commissioned next month. All hurdles… By John Mary (thepeninsulaqatar) [mappress] Source: thepeninsulaqatar, November 28, 2010;
The state has made a rare binding pledge to offset whatever pollution it may cause by depositing the muck it dredges from Baltimore harbor… By Timothy B. Wheeler (baltimoresun) [mappress] Source: baltimoresun, November 28, 2010;
– Imtech Marine & Offshore and VSTEP announce their cooperation to deliver innovative maritime training simulators. The partnership combines Imtech’s worldwide experience in maritime systems and VSTEP’s innovative 3D simulation technology to introduce a new range of high-end maritime simulators whic
Mitsui O.S.K. Lines Ltd. (MOL; President: Koichi Muto) today announced the signing of a long-term transport contract with Vale International SA, a subsidiary of Vale S.A. for two very large ore carriers (VLOCs) on November 18. Two 300,000 DWT-class newbuilding vessels, which will be constructed at U
Victron Energy has started cooperation with BEP Marine in order to facilitate the integration of Victron products with BEP Marine’s CZone™ system. It is expected that Victron’s products will be compatible with the CZone™ system per April 2011. CZone™ system CZone™ is a state-of-the-art, digital netw
Ocean Signal the specialist manufacturer of safety and communication products, has appointed Furuno France to handle its distribution throughout France. The new range of SafeSea EPIRB’s, SARTS and GMDSS VHF’s will be launched to French yachtsmen on the Furuno France stand at the Paris Boat Show (3rd
They are a species that has already wrought havoc in some of Scotland’s most idyllic beauty spots, but now the dreaded American signal crayfish has invaded Glasgow. The species, which devastates fishing stocks, is the scourge of fishermen and causes river banks to cave in, has been discovered in the
CMA CGM SA, the French shipping business reorganizing about $5 billion of debt, said it will receive an investment of $500 million from Turkish family-owned company Yildirim in return for a 20 percent stake. The accord means CMA CGM, the third-largest container shipper, is nearing an agreement with
STX Europe has announced that the initial public offering of ordinary shares in STX OSV Holdings (STX OSV) has been completed, and that the company made a strong trading debut on the Singapore Exchange on November 12.
Qatar has given $100mn assistance to Bangladesh for lifting of wastes from and dredging of four rivers around Dhaka city by the year 2011. The authorities have fixed a target of lifting 4.8mn cubic feet of wastes from the rivers – the Buriganga, the Turag, the Balu and the Shitalakkhya – within the