Oilfield giants Schlumberger and Smith International have agreed to merge in a stock for stock for stock transaction which will change the worldwide oil services landscape. Smith’s shareholders are set to receive 0.69 Schlumberger shares for each Smith share they hold, and the share valuation of US
Oil giant BP has said safety improvements have been made to rescue helicopters since 18 men survived a North Sea crash. The Super Puma went down 125 miles east of Aberdeen a year ago. The two crew and 16 passengers were all picked up by helicopter and rescue craft.
The number of Danish owned vessels are still on the rise. Denmark’s merchant fleet is now the fourth largest in EU and accounts for four per cent of the global tonnage. Many of the new ships are tankers. Data from Statistics Denmark show that these last years the capacity of the Danish fleet of tank
FreeSeas Inc., a transporter of dry-bulk cargoes through the ownership and operation of a fleet of eight Handysize vessels and two Handymax vessels, announced today new charters for six of its vessels. Mr. Ion Varouxakis, Chief Executive Officer of FreeSeas, stated, “We are pleased to report healthy
Aberdeen-based specialist subsea service company DOF Subsea UK has been awarded a contract worth around £2 million by Technip to provide survey and positioning services onboard the Deep Constructor and Skandi Achiever for the Tupi Project in Brazil. It is anticipated that the project will commence d
The world’s first solid oxide fuel cell unit, running on landfill gas, has successfully concluded the first phase of its validation programme. The power generating unit, which is developed and run by Wärtsilä, has been operating for more than 1500 hours producing electricity with extremely low emiss
“SMELLY black goo” has been bubbling to the surface of Newcastle Harbour near the Stockton Ferry terminal, authorities confirmed yesterday. [mappress] Source: The Herald, February 22, 2010
A university scientist has been appointed chief investigator in a £607,000 research project aimed at understanding what happens when rivers meet tides in the world’s largest estuaries. [mappress] Source:brighton,February 19,2010;
TAIPEI, Taiwan — Projects to dredge sediment and silt from Tsengwen Reservoir in Tainan County and the Gaoping River in the Kaohsiung-Pingtung area were launched Thursday in an effort to complete them before this year’s rainy or typhoon season. [mappress] Source:chinapost,February 21,2010;
Officials with the Army Corps of Engineers will discuss a variety of restoration and hurricane risk-reduction projects that are either being planned or are under construction along Louisiana’s coastline. [mappress] Source:nola,February 21,2010;
Gov. Chris Christie has vowed to continue the state’s fight against the U.S. Army Corps of Engineers project to deepen the Delaware River shipping channel from Philadelphia south. [mappress] Source:newjerseynewsroom,February 20,2010;
EAST CHICAGO | Invoices went out at the beginning of the year seeking money from industries along the Indiana Harbor and Ship Canal and companies that use the waterways, but so far, no one’s paid up. [mappress] Source:nwitimes,February 21,2010;
A project to deepen the Columbia River shipping channel to 43-feet should be complete by the end of the year, officials said Friday… [mappress] Source:oregonlive,February 19,2010;
One of the engineers reviewing the dredging project in Saratoga Springs this week expressed some skepticism that PCB removal in the Hudson River could finish by its the expected end date. [mappress] Source:poststar,February 19,2010;
