Schlumberger Limited today reported second-quarter 2010 revenue of $5.94 billion versus $5.60 billion in the first quarter of 2010, and $5.53 billion in the second quarter of 2009. Income from continuing operations attributable to Schlumberger excluding charges was $818 million-an increase of 9% seq
Irving Shipbuilding Inc. is purchasing the Shelburne Ship Repair yard from the Nova Scotia government for $1. Irving, which has leased the facility from the province since 1997, decided recently to exercise its option to buy the yard. The transaction will also see Irving take hold of an adjacent fed
Vicem Yachts, Turkish builders of luxury classic motor yachts and megayachts, heads into the 2010 European show season with a world debut on the horizon: the new Vicem 78 Cruiser, at the Cannes and Monaco boat shows this September. The 78 Cruiser is the latest in Vicem’s celebrated series of classic
Mrs Juliana Azumah, Minister of Women and Children’s Affairs, on Thursday said government would collaborate with women groups to ensure their active participation in the shipping industry. Mrs Azumah gave the assurance at Tema during the inauguration of the Ghana branch of Women International Shippi
MSC Cruises and STX France are pleased to announce the conclusion of the legal process that finalizes the order of a new ‘Fantasia’ class cruise ship (technically called U32), the 12th in the MSC Cruises fleet. The process began on Monday 1st March with the signature of a Letter of Intent but, given
Mitra Energy (Indonesia Sibaru) Limited today took on contract the Trident IX drilling rig, owned by Transocean Offshore Drilling, to drill an exploration well, Mojo-1, in the Sibaru Block. The Sibaru Block is located some 250 miles North of the Indonesian island of Bali. Spud of the well is expecte
Indiana is eyeing the state’s wind-swept slice of Lake Michigan as a possible location for wind farms, including turbines that would be… (southbendtribune) [mappress] Source: southbendtribune, July 23, 2010;
Havila Shipping ASA achieved a result before tax of NOK 123.2m (USD $20 Million) in Q2 2010, compared with NOK 114.2m (USD $18.5 Million) in Q2 last year. Year to date, the profit before tax was NOK 108.4m. In the first half year of 2009 profit before tax was NOK 278.6m. · Total income in […]
Shipping companies and locked-out workers at the Port of Montreal agreed to reopen the port, both sides in the labor dispute said. The port will resume operations at 8 a.m. local time tomorrow, the Maritime Employers Association, said yesterday in a statement. Port workers will vote on the agreement
Belgian maritime group CMB has announced a consolidated profit after taxation for the first half of 2010 of €85.7 million (US$110.5 million), up 38 percent from 2009. Drybulk business unit Bocimar contributed €42.8 million to the consolidated result for the first half of 2010, down from €64.5 millio
Spartan Offshore, along with consortium members Tuff Drilling of New Delhi, India and BHL International have collectively been awarded a three (3) year term contract with two (2) additional, one (1) year options for the design, construction and operation of a modular “Self Erecting,” 3,000HP Platfor
The controversy surrounding the multi-billion-dollar Liquefied Natural Gas (LNG) import contract will cause a whopping Rs18 billion loss as… (The Express Tribune) [mappress] Source: The Express Tribune, July 23, 2010;
CNOOC Limited announced today that BZ 29-4, an independent oil field in the Bohai Bay, has commenced production successfully. BZ 29-4 oil field, with an averaged water depth of about 22 meters, is located in the south part of Bohai Bay. The field’s development and production operation will mainly re
One thing was clear at a public hearing Thursday on a proposal to put up eight offshore wind turbines within view of Block Island: opinion… By Alex Kuffner (projo) [mappress] Source: projo, July 23, 2010;
