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Russia: Sovcomflot to Take Out $1.5 Billion Syndicated Loan
Clean Fuel

Russia: Sovcomflot to Take Out $1.5 Billion Syndicated Loan

Sovcomflot is planning to take out a syndicated loan from a group of international banks for a total of $1bn-$1.5bn for the construction of… (tradingcharts) [mappress] Source: tradingcharts, October 1, 2010

about 16 years ago
USA: New DOI Drilling and Worker Safety Rules Praised by EDF
Fossil Energy

USA: New DOI Drilling and Worker Safety Rules Praised by EDF

Environmental Defense Fund praised two new federal rules that will help improve drilling safety by strengthening requirements for safety equipment, well control systems, blowout prevention practices on offshore oil and gas operations, and improve workplace safety by reducing the risk of human error.

about 16 years ago
Singapore: Keppel FELS Secures New Contracts Worth US$101 million
Fossil Energy

Singapore: Keppel FELS Secures New Contracts Worth US$101 million

Keppel FELS Limited has secured new contracts worth about US$101 million (S$134 million) to complete and refurbish two semisubmersible drilling rigs respectively for Saipem S.p.A and Ensco plc. Mr Wong Kok Seng, Executive Director of Keppel FELS said, “Rig completions and refurbishments are highly c

about 16 years ago
The Narrow Channel of Jackson Creek Needs Dredging (USA)
Dredging

The Narrow Channel of Jackson Creek Needs Dredging (USA)

The channel at the mouth of Jackson Creek in Deltaville is narrowing and officials met last week at Deltaville Boat Yard to discuss the … By Larry S. Chowning (ssentinel) [mappress] Source: ssentinel , September 30, 2010;

about 16 years ago
Fisheries improving says government
Green Marine

Fisheries improving says government

Australia: The fishery status reports for 2009 show a substantial improvement in the number of Commonwealth-managed stocks classified as “not overfished” and “not subject to overfishing”. The report, by the Australian Bureau of Agricultural and Resource Economics – Bureau of Rural Sciences (ABARE–BR

about 16 years ago
Kenya jails 11 Somali pirates: EU Navfor
Green Marine

Kenya jails 11 Somali pirates: EU Navfor

A Kenyan court in the port town of Mombasa jailed 11 Somali men to five years each for trying to hijack a Liberian-flagged ship last year, the European Naval force said on Thursday. The 11 were charged in relation to the attack on the MV Safmarine Asia in April 2009. An EU Navfor patrol ship [&helli

about 16 years ago
STX Europe Considering Listing Its Offshore and Specialized Vessels Division in Singapore
Fossil Energy

STX Europe Considering Listing Its Offshore and Specialized Vessels Division in Singapore

STX Europe AS is considering a listing (the “Listing”) of its offshore and specialized vessels division (“OSV”) on the Main Board of the Singapore Exchange Securities Trading Limited (the “SGX-ST”). Prior to the Listing, STX Europe AS will transfer ownership in the entities forming part of OSV to a

about 16 years ago
Nigerian Dredging Summit & Exhibition Report
Dredging

Nigerian Dredging Summit & Exhibition Report

The fourth edition of this event was held at Calabar, located in Nigeria’s south-eastern Cross River State, between 22nd and 24th September. The event, organised and hosted by the Lagos-based Dredge Skills and Marine Training Centre Ltd, was attended by Nigerian dredging companies and dredgemasters,

about 16 years ago
Norway: Hess Completes Transactions for Valhall and Hod Fields
Fossil Energy

Norway: Hess Completes Transactions for Valhall and Hod Fields

Hess Corporation today announced the completion of two transactions that bring Hess’ interests in a pair of Norwegian North Sea offshore fields, Valhall and Hod, to 64.05 percent and 62.5 percent respectively. On Sept. 29, Hess and Shell concluded a strategic trade in which Hess assumed Shell’s 28.0

about 16 years ago
Brazil OGX Announces the Presence of Hydrocarbons in Well OGX-19 in the Santos Basin
Fossil Energy

Brazil OGX Announces the Presence of Hydrocarbons in Well OGX-19 in the Santos Basin

OGX Petróleo e Gás Participações S.A. (“OGX”), the Brazilian oil and gas company conducting the largest private sector exploratory campaign in Brazil, announced today that it has identified hydrocarbons indicative of light oil and gas in the Santonian section of well 1-OGX-19A-RJS, located in the BM

about 16 years ago
STX Europe Considering Listing of its Offshore and Specialized Vessels Division in Singapore
Clean Fuel

STX Europe Considering Listing of its Offshore and Specialized Vessels Division in Singapore

STX Europe AS is considering a listing (the “Listing”) of its offshore and specialized vessels division (“OSV”) on the Main Board of the Singapore Exchange Securities Trading Limited (the “SGX-ST”). Prior to the Listing, STX Europe AS will transfer ownership in the entities forming part of OSV to a

about 16 years ago
Nigeria: Brass LNG May Cost Over $15 Billion
Clean Fuel

Nigeria: Brass LNG May Cost Over $15 Billion

THE Brass LNG Project may cost over $15bn, a top official in one of the shareholding companies involved in the project, told our correspon… (punchontheweb) [mappress] Source: punchontheweb, September 30, 2010;

about 16 years ago
Inpex Announces Participation in the Sebuku Block, Offshore East Kalimantan (Indonesia)
Clean Fuel

Inpex Announces Participation in the Sebuku Block, Offshore East Kalimantan (Indonesia)

INPEX CORPORATION is pleased to announce that through its wholly owned subsidiary, INPEX South Makassar, Ltd. (INPEX), it has been granted the approval of the Indonesian Government to acquire a 15% participating interest in the Sebuku Block from Pearl Oil (Sebuku) Limited (Pearl Oil). Sebuku Block i

about 16 years ago
Australia: Natural Gas Industry Welcomes Climate Change Committee
Clean Fuel

Australia: Natural Gas Industry Welcomes Climate Change Committee

The natural gas industry looks forward to working directly with the Climate Change Committee and as a member of its business roundtable to establish a policy response to climate change that is fair, national, environmentally effective, and able to deliver abatement at least cost. Chief Executive of

about 16 years ago
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