Euronav NV (NYSE EURONEXT BRUSSELS: EURN) announced today that TI Africa Ltd., the owner of FSO Africa, has signed a new contract with Maersk Oil Qatar AS (MOQ) for the provision of FSO services on the Al Shaheen field offshore Qatar. Within the limits of its confidentiality obligations, the Company
Under the guidance and approval of the Unified Area Command, BP has been authorized to begin flushing drilling mud and hydrocarbons from the MC252 well sealing cap and the original Deepwater Horizon Lower Marine Riser Package (LMRP) and Blow Out Preventer (BOP). The flushing is in advance of a press
Royal Boskalis Westminster N.V. realized a net profit of € 123.9 million in the first half of 2010, up from € 102.7 million in the first half of 2009. The profit contribution from Smit Internationale N.V. (“SMIT”), excluding interest expenses on the acquisition finance but including all other effect
ABS has revised its comprehensive Guide for vessels operating in the Arctic and comparable harsh environments incorporating nearly four years of operational experience since the Guide was first issued in September 2006. Drawing upon feedback from the industry, the ABS Guide for Vessels Operating in
An ambitious project to dredge the 13 rivers crisscrossing the capital has been delayed to early 2011 from a previous deadline of late this year, pending the release of funds from a foreign loan, Governor Fauzi Bowo said on Thursday. The Jakarta Urgent Flood Mitigation Project is being funded by a $
Ontario’s Natural Resources ministry is considering constraints on offshore wind farms but its not clear if the limits will appease a tidal… By Jonathan Sher (lfpress) [mappress] Source: lfpress, August 20, 2010;
The federal government is determined to fast-track the completion of the dredging of the lower Niger River, the resuscitation of the Ajaokuta Steel Company, as well as the resuscitation of the National Iron Ore Mining Company, in Itakpe, Goodluck Jonathan said yesterday. Speaking while delivering an
The Dow Chemical Company (NYSE: DOW), through its Venture Capital group, announced today that it has made a minority equity investment in… (advertisertalk) [mappress] Source: advertisertalk, August 20, 2010;
The Labour Party says safety and environmental issues must be considered when oil exploration permits are granted and the Greens want … (odt) [mappress] Source: odt, August 20, 2010;
Technip announces today that it has agreed with MISC(1) and MHB(2), subsidiaries of the Malaysia National Oil Corporation Petroliam Nasional Berhad (PETRONAS) to establish a long-term strategic collaboration. The areas of collaboration would initially involve working jointly on onshore and offshore
Duke Energy won’t build three wind turbines in Pamlico Sound as a pilot project with UNC Chapel Hill for offshore wind development in North… By John Downey (bizjournals) [mappress] Source: bizjournals, August 20, 2010;
Simen Lieungh (50) will take over as the new CEO of Odfjell Drilling on October 1, 2010. Mr. Lieungh comes from the position of CEO of Aker Solutions and replaces Ketil Lenning, who has been CEO of Odfjell Drilling since 2001. Under Mr. Lenning’s management, Odfjell Drilling has seen significant gro
The cost of dredging the Rewa River, which is frequently prone to flooding, is $8.9million… (fijitimes) [mappress] Source: fijitimes, August 20, 2010;
New Jersey has taken a big step in the creation of “green” jobs with the approval of a measure that promotes the creation of offshore wind… (kyw) [mappress] Source: kyw, August 20, 2010;
