Drilling of the exploration well 6507/7-14S (Zidane prospect) in PL435 has started. The well is being drilled with the rig Bredford Dolphin, and the operator is RWE Dea. Results are expected during September. PL435 is situated in the Norwegian Sea, 10 km northwest of the Heidrun field, and several s
Port of Tanjung Pelepas (PTP) is leveraging on world-class productivity to build on last year’s strong performance and enhance its competitiveness against regional ports. Deputy chief executive officer Azlan Shahrim said PTP was now raising the bar after having met its productivity goal of 35 moves
A strong domestic market and presence in niche markets are reasons for optimism for the Dutch marine industry, according to the opening address of this week’s annual HISWA press trip. Political instability in the Netherlands following the recent election might mean further uncertainty in the short t
When developing the offshore shelf, Gazprom will seek to replace foreign-made equipment with analogues from Russian yards, company leaders told Russian shipbuilders. In a meeting in the Gazprom headquarters last week, company Deputy Aleksandr Ananenkov stressed that the company’s development of the
Wal-Mart recently informed that the high prices laid down by Cape Wind’s initial contract to sell electricity may result in more elevated… [mappress] Source: topnews , June 17, 2010;
Wal-Mart recently informed that the high prices laid down by Cape Wind’s initial contract to sell electricity may result in more elevated… [mappress] Source: topnews , June 17, 2010;
Noble Energy has awarded to Stress Subsea, Inc. the Subsea System Front End Engineering Design (FEED) for the Alen Project offshore Equatorial Guinea. The award includes four basic work scopes covering Subsea Hardware, Umbilicals, Flowlines and Export Pipelines. Stress’ responsibility includes engin
IHC Lagersmit, part of IHC Merwede, has opened on 8 June last a new manufacturing plant in Alblasserdam, The Netherlands. The company has decided to invest in the latest high-tech production facility for rotating shaft seals in western Europe, despite in these economically difficult times. In additi
After a four-year legal battle surrounding ownership of a parcel of land that acted as a “set back cushion” required to run its Energia Costa Azul LNG plant in Baja California, MX in compliance with Mexican environmental and safety regulations, Sempra Energy, a San Diego-based energy company, has su
Even though the current investment programme 2008-2011, which amounts to EUR 1 billion, is still being implemented, the DEME Group is already commencing a new series of investments which will see 3 new units on the market by mid-2012. An amount of EUR 260 million has been allocated for these new inv
On Monday June 14th, 2010 Codecasa Shipyards launched a newest 65 metres displacement yacht, this is the Lady Lau, Hull C 118, whose delivery to its Owner is scheduled for end of next July. The yacht is characterized by classic and traditional lines and has been realized following the precise wishes
The dry bulk market has been on a freefall for 14 straight sessions, managing – yet again – to negate the gains it had recorded during the final weeks of May. As a result the industry’s main benchmark, the Baltic Dry Index ended yesterday at 2,893, retreating lower than the 3,000-point mark. This de
Dredging is essential for the maintenance and development of ports, harbours and waterways for navigation, remediation and flood… (CEDA) [mappress] Source: CEDA, June 17, 2010
It is reported that construction of a coal port started on June 12th at Jinzhou City in northeast China Liaoning Province. The port is a state approved project designed to boost the transport of coal from landlocked northern Inner Mongolia Autonomous Region to fuel thirsty markets in the south.
