Statoil has been given a green light to drill a new well with Polar Pioneer in the Barents Sea. Exploration well 7220/8-1 is due to be drilled 200 kilometres offshore FInnmark and 210 kilometres south of Bjørnøya.
Sweden’s Ekomarine AB is to received SEK8.4m in EU funding for the development of long-acting non-toxic antifouling paint. The project will take place over a three-year period and will be be run in cooperation with a large Swedish shipping company. “It’s very satisfying that we, as one of three Swed
The port of Poti in Georgia is to receive investment of $500m from Ras Al Khaimah of the United Arab Emirates over the next four to five years. The money is being made available by the Rakia investment fund, which acquired a 100% stake in 2008 at a cost of $155m.
Qatari LNG producer RasGas Company Limited announced the sale of an LNG cargo to Brazil’s Petrobras on 25 July. The cargo – the first shipme… MEES – ANALYSIS (zewya) [mappress] Source: zewya, August 3, 2010;
Some onshore wind turbines will be able to generate power without subsidies in two to three years, should energy prices rise, Sueddeutsche… By Nicholas Comfort (businessweek) [mappress] Source: businessweek, August 03, 2010;
Some onshore wind turbines will be able to generate power without subsidies in two to three years, should energy prices rise, Sueddeutsche… By Nicholas Comfort (businessweek) [mappress] Source: businessweek, August 03, 2010;
Heerema Marine Contractors (HMC) today announced the signing of a letter of intent with Daewoo Shipbuilding and Marine Engineering Co., Ltd., Korea (DSME), for the building of a new Deep Water Construction Vessel. The New-build will be an investment of US$ 600-700 million.
Vantage Drilling Company announced today the closing of the previously announced concurrent offerings by Offshore Group Investment Limited, a wholly owned subsidiary of Vantage (the “Issuer”), of $1.0 billion aggregate principal amount of 11½% Senior Secured First Lien Notes due 2015 and the Company
Turkish shipbuilder Bogazici Shipping has delivered a new harbour escort tug, the ‘Waterchief’ (ex-‘Bogazici-7’). The vessel, built for Kristiansund Taubaat Service, is on its way to Kristiansund, Norway. ‘Waterchief’ is 32.50 metres long, 11.70 metres wide and has a depth 5.60 metres with an averag
The town is in line for nearly $1 million in federal funds in 2011 to resume dredging the Patchogue River. Work had stopped in May because… By Alexandra Sanders (nhregister) [mappress] Source: nhregister, August 3, 2010;
The U.S. Coast Guard continues to work with the Louisiana Oil Spill Coordinator’s Office LOSCO, Louisiana Department of Natural Resources LDNR, Louisiana Department of Environmental Quality LDEQ, Louisiana Department of Wildlife and Fisheries LAWLF, the Louisiana State Police LSP, and Jefferson Pari
On the liquefied natural gas (LNG) front, the value of Japan’s imports of LNG from Oman declined by 53.4 per cent to less than a billion dol… zawya [mappress] Source: zawya, August 3, 2010 ;
Construction of the second cylindrical ultra-deep water Semi-submersible Drilling rig SEVAN DRILLER II, being built for Sevan Marine ASA, is progressing steadily and on schedule in COSCO Nantong Shipyard. The 13.4m stage block erection of the main hull is nearly complete and three levels of the acco
Petronet LNG touched a 52-week high of Rs 98.30. At 10:47 hrs the share was quoting at Rs 96.70, up Rs 4.40, or 4.77%… (moneycontrol) [mappress] Source: moneycontrol, August 03, 2010;
