Serica Energy announces that it is to carry out a review of strategic alternatives for its Indonesian assets. As the result of increased focus on upcoming projects in the UK, Western Europe and Africa, Serica will examine a range of options to create shareholder value including: •Selling all or part
Clean Energy today announced that it intends to offer, subject to market and other conditions, three million shares of its common stock for sale to the public. Clean Energy expects to grant the underwriters a 30-day option from the date of the final prospectus supplement to purchase up to an additio
The government is pushing a major project to overhaul the nation’s main rivers in efforts to protect the environment, harness the economic… By Kim Yoon-mi (koreaherald) [mappress] Source: koreaherald, November 11, 2010;
The operators of Aberdeen Harbour should dredge the entrance and consider a better breakwater to help ships in bad weather, it has been… (bbc) [mappress] Source: bbc, November 11, 2010;
Within the maritime world Amarcon is best known for their seakeeping software and performance monitoring for all kinds of seagoing vessels. However, not only the maritime industry profits from the innovative OCTOPUS line of products. Amarcon emphasizes the importance of good and innovative teaching
Recently Damen Shipyards Gorinchem (Netherlands) received an order for a DFF 4212 for Seaspovill in South Korea. As Damen has this type of ferry on stock the vessel has a short delivery time. The vessel’s hull was already built by Afai Southern Shipyard Guangzhou (China) and thereafter it was transp
Revenue for the period increased by 17% to USD 41.4 billion, primarily as a result of higher freight rates for the Group’s container shipping activities and higher oil prices. The net result for the period was a profit of USD 4.2 billion (a loss of USD 0.7 billion). “The result is exceptional, and w
Tullow Oil confirmed today that the Owo 1 well drilled offshore Ghana is regarded as a major new oil discovery.
The Abu Dhabi National Energy Company – selected Aberdeen-based energy service group Senergy to provide sub-surface consultancy services for a Dutch onshore gas storage project.
Maritime supplier, Noreq announced the acquisition of Acta in Denmark. Since 1955, Acta has been a supplier of offshore marine cranes, life raft- and MOB davits as well as deck machinery. Acta is the only crane manufacturer in the world having CE marking on offshore cranes for wind power installatio
The Superior Council for Scientific Investigations (CSIC) has certified the birth of between 53,000 and 75,000 juvenile bluefin tuna (Thunnus thynnus) after the specimens were kept in cages at sea, in the usual breeding grounds on the islands.
Iridium Communications Inc. (Nasdaq:IRDM) (“Iridium”) today reported strong financial results for the third quarter of 2010 and updated its outlook for the full-year 2010. Iridium’s third-quarter 2010 financial results reflect Iridium Communications Inc. (“the Company”) as compared to Iridium Holdin
Enviro Voraxial Technology, Inc.announced today that the Company reached an agreement to lease a 1500 barrel per day Voraxial® 2000 produced water skid mounted processing system to an oil service company. The Voraxial® will be used to separate oil from the water “produced” during the oil production
Wood Group has been awarded a five year operations and maintenance contract by Sevan Marine to provide asset management services for the FPSO Sevan Voyageur (Floating Production Storage & Offloading) on the Huntington field in the UK central North Sea. As duty holder, appointed by Huntington field o
