METS inc. the SuperYacht Pavilion 2010, with its record number of 1,320 exhibitors, closed on a very upbeat note with a rise in visitor numbers. “Given the tough times we have all been experiencing, it is wonderful to pick up on a positive mood amongst exhibitors at METS and the SYP this year and to
Total announces that it has signed an agreement with the national oil company Petronas to acquire a 85% interest in the Block SK317B, offshore Malaysia. Under the terms of the agreement, Total will operate the Block alongside its partner Petronas Carigali holding the remaining 15% interest. The Bloc
Atwood Oceanics, Inc. , Houston-based international drilling contractor, announced today that the Company earned net income of $64,229,000 or $0.99 per diluted share, on revenues of $160,613,000 for the quarter ended September 30, 2010 compared to net income of $48,284,000 or $0.75 per diluted share
Ultracargo concentrate its activities in the liquid bulk storage business, a segment in which it has a leading position and will continue to seek opportunities to leverage the benefits of a growing demand for logistics infrastructure in Brazil. In October 2010, Ultracargo announced the expansion of
Floatel International Ltd. announces that it has successfully completed the Initial Public Offering (the Offering) of NOK 290.5 million (approx. USD 49 million) and resolved to allocate and issue 21,000,000 shares, each with a par value USD 0.02. The Offering comprised an institutional offering, in
The Board of Directors of Kencana Petroleum Berhad announces that the Company has on 18 November 2010 acquired the entire issued and paid-up share capital of Finest Glory Sdn. Bhd. (“FGSB”) comprising 2 ordinary shares of RM1.00 each at a total cash consideration of RM2.00, making it a wholly-owned
Today, 19 November, the Petroleum Safety Authority Norway presented its report of the investigation into the drilling and well operations on the Gullfaks field. “The non-conformances revealed and measures proposed in the Petroleum Safety Authority (PSA) report are mainly consistent with the findings
Jim Noe, Executive Director of the Shallow Water Energy Security Coalition, issued the following statement on Senator Mary Landrieu’s decision to lift her hold on the nomination of Office of Management and Budget (OMB) Director Jacob Lew. “We applaud Senator Landrieu for her steadfast support. Her f
Northeast Business Park (NBP) must prove it has the authority to dredge the Caboolture River before its appeal against the rejection of its… (whereilive) [mappress] Source: whereilive, November 19, 2010;
The European Commission on Wednesday presented its energy infrastructure priorities for the next two decades, aimed at making networks fit for the 21st century. In the Communication, the Commission defines EU priority corridors for the transport of electricity, gas and oil. This map of priorities wi
Energy business analysts Douglas-Westwood expects to see offshore wind expenditure of €38 billion over the next five years.The findings form… (renewableenergyfocus) [mappress] Source: renewableenergyfocus, November 19, 2010;
Energy business analysts Douglas-Westwood expects to see offshore wind expenditure of €38 billion over the next five years.The findings form… (renewableenergyfocus) [mappress] Source: renewableenergyfocus, November 19, 2010;
Montgomery park officials have drained all of the water out of Lake Needwood in Rock Creek Regional Park and expect to start dredging in … By Mimi Liu (gazette) [mappress] Source: gazette, November 19, 2010;
Framo Engineering AS and Total E&P Angola have recently signed a contract to supply a subsea Pumping System for the CLOV Development Project, located in the deepwater Block 17 offshore Angola. The contract between Total and Framo represents one of four main contracts placed by Total for this Project