Centrica Energy Upstream (‘Centrica’) and Sevan Marine ASA (‘Sevan’) have, through their respective wholly-owned subsidiaries, entered into an agreement for Sevan to acquire Centrica’s 20% equity interest in FPSO Sevan Hummingbird for a net consideration of USD 39 million. Following the transaction,
DONG Energy and Iberdrola have signed the detailed supply agreement – following the signing of the commercial terms as announced earlier this year – for Iberdrola to deliver LNG (Liquefied Natural Gas), corresponding to approximately 1 billion m3 of natural gas per year to DONG Energy. It is a ten-y
A panel of Island community leaders and Republican gubernatorial candidate Charlie Baker blew some gale-force criticism Gov. Deval Patrick’s… By Janet Hefler (mvtimes) [mappress] Source: mvtimes, August 12, 2010;
Aker Solutions and the Kazakh company KGNT Holding has established a 50/50 joint venture, Aker Caspian. The company is targeted for servicing the offshore oil and gas industry in the Kazakhstan sector of the Caspian Sea. It will offer a wide scope of services to offshore field development and mainte
Don’t expect to see dredging machines deepening the Red River any time soon, a Manitoba Conservative MP said Tuesday. Selkirk-Interlake MP James Bezan said despite calls to dredge the river to aid boat navigation and speed up the breakup of spring ice, digging out the bottom of the river in shallow
Miko Marine AS, of Oslo, can now confirm that it has successfully completed the first full-scale test of its pioneering ShipArrestor system. This enables a helicopter to attach a sea anchor on a tow line to an unmanned vessel such as a tanker that is drifting without power. By reducing the speed of
Sen. Susan Collins recently secured approval from the Senate Appropriations Committee for $10 million for deepwater offshore wind research,… (journaltribune) [mappress] Source: journaltribune, August 12, 2010;
Sen. Susan Collins recently secured approval from the Senate Appropriations Committee for $10 million for deepwater offshore wind research,… (journaltribune) [mappress] Source: journaltribune, August 12, 2010;
Chuck Williams of Delaware’s Division of Soil and Water Conservation has been involved with the dredging of the Assawoman Canal for 20 years… By Dennis Forney capegazette [mappress] Source: capegazette, August 12, 2010;
The programme starts on Monday 6 September for the naming and launch of 11.787kW stationary Cutter Suction Dredger, QUIBIÁN I. The ship is being built for the Panama Canal Authority at the IHC Merwede yard, Molendijk 94, Sliedrecht, The Netherlands. The ceremony will be performed by Mrs Ana Matilde
Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) today reported its results for the quarter ended June 30, 2010. During the second quarter of 2010, the Partnership generated distributable cash flow(1) of $36.0 million, compared to $31.7 million in the sa
A revolutionary new dredger that is currently in the process of being commissioned and undergoing sea trials at the King Abdul Aziz Port in… By SIRAJ WAHAB (arabnews) [mappress] Source: arabnews, August 12, 2010;
Nigeria Liquefied Natural Gas Limited (NLNG) has approached international banks for a potential $2 billion secured financing, banking source… (businessdayonline) [mappress] Source: businessdayonline, August 12, 2010;
WindPower Innovations, Inc. (Pink Sheets: WPNV), today announces Permanent Magnet Direct Drive wind turbine solutions as a key component in its overall mission to provide unique and efficient ways for the wind industry to economically transition into its eminent future. “Permanent Magnet Direct-Driv
