DryShips Inc. , a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services, announced today that its fully-owned subsidiary Ocean Rig UDW Inc. has received a Letter of Intent for the Eirik Raude from a British exploration company. The Letter
Makkum, November 2010 – Interested in a custom aluminium yacht? Looking for a stable shipyard, where things get done? If so, you would do well to keep a close eye on developments at K&M Yachtbuilders. There are currently 12 yachts under construction in Makkum: an Icon 48, a Frers 88, six Bestevaers
Bergen Group has, through its subsidiary Bergen Group AS Halsnøy signed a Letter of Intent on a rebuilding of the seismic vessel “Geowave Master” owned by Master and Commander AS. The LOI includes work project with a total estimated value of NOK 160 – 170 million(Approximately USD$28 million). The v
BG Group and partners have today awarded Engineering, Procurement and Construction (EPC) contracts for eight hulls for the Floating Production, Storage and Offloading (FPSO) vessels that will be used in the full field development of the discoveries on blocks BM-S-11 and BM-S-9 in the Santos Basin, o
Ocean City hopes to complete its beach replenishment project by the end of December, according to City Engineer Terry McGean… By Steve Dorsey (wboc) [mappress] Source: wboc, November 12, 2010;
Tap Oil Limited announces that the retail component (Retail Entitlement Offer) of its 1 for 2 Accelerated Non-Renounceable Pro Rata Entitlement Offer announced on 14 October 2010 (Offer) has closed. Acceptances for 9,471,912 Shares were received, representing a take up of approximately 24% of the to
Providence Resources P.l.c. („Providence‟), the AIM and ESM listed exploration and production company announced that it has signed a 10 month option agreement with Star Energy Group (“Star”) in relation to its 100% owned and operated Standard Exploration Licence (SEL) 1/07 („Dragon Licence‟) in the
Electromagnetic Geoservices ASA (EMGS) has been awarded a contract worth in excess of USD 2 million by the block SC60 joint venture, which is operated by Shell Philippines Exploration BV. The work will be performed shortly from the 3D EM vessel BOA Galatea. This vessel is now fully booked for the re
Plans to construct a massive wind farm off the coast of Ocean City got a significant boost this week when the federal government issued both… By Shawn J. Soper (mdcoastdispatch) [mappress] Source: mdcoastdispatch, November 12, 2010;
Petrofac, the international oil & gas facilities service provider, has been awarded a contract worth £40 million (Approximately USD $ 64 million)over three years for the provision of engineering services to the UK Continental Shelf assets of Maersk Oil North Sea UK Ltd (Maersk Oil). Work will begin
Mermaid Maritime Public Company Limited announces that its wholly owned subsidiary Subtech Ltd. has entered a joint venture agreement with General Technologies & Systems Co. Ltd. (“Gentas”), a subsidiary of Shoaibi Group and Saudi Trading & Research Co., Ltd. (“Starc”), to form Subtech Saudi Arabia
A tender process to find a supplier of liquefied natural gas (LNG) to ships in the Swedish port of Gothenburg has been cancelled… (portworld) [mappress] Source: portworld, November 12, 2010;
Federal environment minister Tony Burke today approved, with strict conditions, Shell’s Prelude floating LNG facility in the Browse Basin off the coast of Western Australia. “While there are significant economic benefits to these projects, which must be a consideration in my decision, my focus has b
The London Gateway Project is one of the capitals largest construction sites on the former Shell Haven refinery near Stanford Le Hope. With… (geotechnics) [mappress] Source: geotechnics, November 12, 2010
