BP today provided further details about the previously-announced new organization that will manage the company’s long-term response to the Deepwater Horizon incident and the MC252 oil and gas spill. Effective immediately, Bob Dudley has been appointed President and Chief Executive Officer of BP’s Gu
Senator John Cornyn (R-TX) sent a letter to Admiral Thad Allen today supporting Allegiance Capital’s request for a waiver of the Jones Act. For more than two weeks, Fred McCallister, Vice President of the Dallas-based investment bank, has been requesting a waiver of the Jones Act in order to bring b
Polarcus Limited announced today that it has received a Letter of Intent from OMV (NORGE) AS for a 3D seismic acquisition project in the Norwegian sector of the Barents Sea. The project will be acquired by POLARCUS NAILA, the Company’s second 12 streamer 3D seismic vessel. The project will commence
Eni has successfully appraised the Jangkrik gas discovery in offshore Indonesia, in the Muara Bakau PSC, Kutei Basin, East Kalimantan. The Jangkrik-2 appraisal well is located approximately 70 kilometers from the coast of Indonesia and has been drilled to 2449 m in 425m of water depth. The well enco
Eni has successfully appraised the Jangkrik gas discovery in offshore Indonesia, in the Muara Bakau PSC, Kutei Basin, East Kalimantan. During the Jangkrik 2 production test, the well produced high quality gas at a tubing constrained rate of 17.5 MMscfd. The Jangkrik-2 appraisal well is located appro
Paris-based GDF Suez, which earlier this year faced the loss of a US$25 billion contract to supply Pakistan with liquefied natural gas (LNG)… [mappress] Source: Asia Times, June 23, 2010;
The Suez Canal, located in Egypt, is a 101 mile (163 km) long canal that connects the Mediterranean Sea with the Gulf of Suez, a northern… [mappress] Source: Suez Canal, June 23, 2010
Joseph Moloughney, Hudson River dredging coordinator for the New York State Canal Corp., asked the Town Board to adopt a resolution of… [mappress] Source: poststar, June 23, 2010;
Shin Yang Shipping Corporation Bhd, which made its debut on the main market of Bursa Malaysia today, is looking at a 10 to 15 per cent revenue growth for the financial year ending June 30, 2011. Its Chief Financial Officer (CFO) Richard Ling said the forecast was made on the back of the completion o
“Our turnover has… increased by 500%. As far as we’re concerned there has been no recession,” says Lee Haynes, operation manager for West Quay Cars taxi firm. His is just one Hampshire company which has benefited from a boom in the cruise industry.
Building a new cruise ship is hard work, and no one understands the struggle quite like Norwegian Cruise Line. In its quest to launch the 153,000-ton, 4,100-passenger Norwegian Epic, NCL has endured a series of setbacks — from shipyard fires to unflattering jokes about Epic’s appearance — and with t
Port operator expects to post double digit increases in container volume this year. Sharjah ports handled 23 percent more container traffic from January to May than in the same period last year, Zawya.com reported Wednesday.
Vietnam is readily acknowledged as holding considerable potential for yacht cruising but, as elsewhere in Asia, the necessary infrastructure is lacking. The developer of the Saigon Pearls high-rise development in Ho Chi Minh City is planning to address this lack by including a $210m marina and yacht
Technip is set to play a leading role in future BG developments in both the UK and Norwegian sectors of the North Sea after being selected to provide key project study and field maintenance work.
