Nautical Petroleum announces that the 9/02b-D appraisal well on North Sea Block 9/2b spudded on 12 August 2010. The drilling activity is being performed by the Ocean Nomad semi submersible rig and the full programme is expected to take approximately 45 days. A further announcement will be made once
The leaders of Korea and Equatorial Guinea have agreed to cooperate in energy and infrastructure development projects… (The Chosun Ilbo) [mappress] Source: The Chosun Ilbo, August 13, 2010;
Tax incentives for ship operators and a focus on training Australian seafarers were among a raft of measures announced by Federal transport minister Anthony Albanese today in an effort to revitalise the national shipping industry. Speaking at the Australian Ship Owners’ Association mid-winter lunche
Transocean Ltd. today issued a monthly Fleet Update Summary covering only newly signed contracts, significant changes to existing contracts and changes to estimated out of service time of 30 days or more for High Specification Floaters or 60 days or more for all other rigs since their last quarterly
The United States has opened up another large area of the Gulf of Mexico fishing grounds, indicating that the threat to seafood stocks from the BP oil rig disaster is not as bad as first feared. However, scepticism remains in certain quarters with claims that the dispersents used to clean up the oil
Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) has ordered a 71,300-ton cruise ship for its AIDA Cruises brand, which caters exclusively to the German-speaking market. The newbuild order is subject to financing and other customary closing conditions. It marks the seventh new ship that the Ger
Seadrill and Odfjell are competing for a Petrobras deal. Petrobras is considering offers for the drilling capacity at the Papa Terra field offshore Brazil, which were delivered this week. Aban Offshore has already bagged a five year deal for Aban Abraham, but many companies are competing for a simil
Wilh. Wilhelmsen Holding posted an operating profit of USD 123 million for the first half of 2010, compared with USD 114.7 million for the corresponding period in 2009. Total income amounted to USD 1.36 billion, compared to USD 1.24 billion last year. The increased profit was mainly due to an increa
CSBC Corp., Taiwan’s biggest shipbuilder, said profit may fall this year as it works through low-margin orders placed by government-owned companies during the global recession. “There’s no money to be made from these contracts,” President Paul Tang said in an interview in his Taipei office Tuesday.
The state Canal Corp. worked Wednesday to begin dredging the Utica Harbor in North Utica. The project will take about 3 months – including more than a month at the harbor’s “neck” and several more months of digging out the contaminated sediments at the harbor floor, Canal Corp. officials said.
The country’s busiest harbour, the Mumbai port, resumed operations on Thursday, after being forced to close down for five days because of the oil spill off the city coast. The Indian Navy escorted 19 ships in and out of the channel. Mumbaiites now need not worry about the city running out of fuel, w
Deepwater Wind’s efforts to build an offshore wind farm off the coast of Rhode Island have received a boost following the approval by the Public Utilities Commission of its power purchase agreement (PPA) with National Grid. The Rhode Island Public Utilities Commission has approved a power purchase p
The Royal Netherlands Navy has awarded OptiMarin a major contract for the delivery of two sets of OptiMarin Ballast System (OBS) for supply-class HrMS Amsterdam, a multi-purpose supply ship transporting fuel, ammunition and supplies. “We have to ensure, by adoption of appropriate measures not impair
Chevron has announced a natural gas discovery in the Exmouth Plateau area of the Carnarvon Basin offshore Western Australia. The discovery is located in Australia’s premier hydrocarbon basin, where Chevron is a major leaseholder. The Brederode-1 exploration well is located within the WA-364-P permit
