STX Norway Offshore has signed contracts for the building of two icebreaker tugs to JSC Circle Marine Invest. The vessels will be delivered in 2011, and the total value of the two contracts amounts to approximately NOK 450 million (USD 71 million) . “We look forward to continuing the good cooperatio
Rockhopper Exploration plc , the North Falkland Basin oil and gas exploration company, provides an update on operations at its Ernest and Sea Lion locations. The Ernest 26/6-1 exploration well has been safely plugged and abandoned as a dry hole following completion of all logging runs. The Ocean Gua
Energy consultancy Xodus Group has won an open tender for the Detailed Design of the Huntington Development, the largest oil and gas discovery in the UK Central North Sea for five years. The contract worth approximately £1 million is one of the largest subsea projects the Aberdeen-based consultancy
LNG Cargoes to the UK have shot up 122% so far this year, compared with this point of 2009, according to a specialist energy publisher… (fairplay) [mappress] Source: fairplay, August 26, 2010;
Panama Canal Authority (ACP) which operates and maintains the Panama Canal recently unveiled a model of the D’Artagnan dredger during a ceremony at the Panama Canal’s Miraflores Visitors’ Center. The D’Artagnan will be the most powerful self-propelled heavy duty cutter suction dredger in the world,
The Minister President of Schleswig-Holstein officially inaugurated the new technology center of REpower Systems AG today in Osterrönfeld in the Rendsburg-Eckernförde district. Minister President Carstensen and the REpower Executive Board cut the red ribbon and symbolically opened the building. The
The board of the SMIT Pension fund Foundation (Stichting Pensioenfonds SMIT) has recently been informed by the Dutch Central Bank (De Nederlandse Bank) that it needs to take accelerated measures to improve its financial position. The SMIT Pension fund informed her members this week on the current st
Portfolio comprising epoxy systems, coatings, polyurethanes and special grouting materials for rotor blades, towers and foundations of wind energy plants For the first time, BASF will showcase its current portfolio for manufacturers of wind energy plants at the “Husum WindEnergy” trade show. The off
Portfolio comprising epoxy systems, coatings, polyurethanes and special grouting materials for rotor blades, towers and foundations of wind energy plants For the first time, BASF will showcase its current portfolio for manufacturers of wind energy plants at the “Husum WindEnergy” trade show. The off
British-based Tullow Oil says it now has 1 Billion barrels of oil to tap in Uganda after further exploration success. Following results from the Mypo 1 well which discovered a new oil field, Tullow says it now has discovered resources in Uganda totalling 1 Bn bbl.
The owner of the 53,609 dwt Supramax bulk carrier Paguera and the disponent owner of the 51,215 dwt Papillon, have withdrawn their ships from long-term time charters with Emirates Trading Agency LLC (ETA), a company registered in Dubai. With effect from this month (August), these ships are no longer
The world’s largest subsea engineering and project management company, Wood Group Kenny, has been awarded the Front End Engineering Design (FEED) and related project management support activities for the BG Norge AS, Jordbaer field development. The proposed field development, located in the North Ta
MODEC announced that Petrobras, through its wholly owned subsidiary PNBV, on behalf of Consortium BM-S-9, has signed a letter of intent for the supply, respectively, charter, and operations of a Floating, Production, Storage, and Offloading (FPSO) vessel for the BM-S-9 (Guara) Block in the giant “pr
STX Europe AS has today appointed Mr. Su-Jou Kim as its new President and CEO. Su-Jou Kim will replace Mr Sang-Ho Shin, and will start in his new position with immediate effect. Sang-Ho Shin joined STX Europe in September 2008, initially as COO, and since May 2009 as President & CEO. Mr Shin has bee
