Rotterdam, 11 July 2008 – The Team Delft Challenge resumed the Tour de France à la Voile on 10 July 2008. After the students’ Mumm 30 ran up against the rocks last week, their race against the clock began. The on-shore crew worked round the clock to repair the damaged keel. By the time the […
HOUSTON, July 15, 2008 (PRIME NEWSWIRE) — Transocean Inc. (NYSE:RIG) today announced that the board of directors of Petroleo Brasileiro S.A.(Petrobras) has approved contract awards for four of the company’s rigs totaling 22 rig years and approximately $3.0 billion in combined estimated contract reve
Teekay has signed a Heads of Agreement (HoA) with UK gas independent Gasol to jointly develop Liquefied Natural Gas (LNG) capacity using floating LNG technologies. Together, the partners intend to explore ways to liquefy, ship and regasify LNG from the Gulf of Guinea (excluding Nigeria) to the globa
Jean-Marc Lacave will join CMA CGM Group as Chief Executive Vice-President and member of the Executive Board as of 1st September 2008. He will be in charge of the following departments, previously under the responsibility of Alain Wils – Inland transportation (Rail, River barging, Road transportatio
In the early hours of 15 July Thomas Coville, sailing the 105 foot trimaran Sodeb’O, crossed the Lizard finishing line to claim a new solo transatlantic record of 5 days, 19 hours, 29 minutes and 20 seconds. This beat the previous record, set by Francis Joyon in the ‘old’ trimaran Idec, wrecked on t
News – July 16, 2008 Dar es Salaam City Council and the Tanzania Ports Authority are reportedly planning to implement a new Waterfront Development Project that includes land reclamation of 1.6 kilometres of the Indian Ocean from Kigamboni to the TPA headquarters. Speaking during a stakeholders’ work
News – July 16, 2008 The Omani government has reportedly almost doubled funding for the Duqm Port and Dry Dock project to allow for the development of a world-scale maritime gateway on the sultanate’s southeastern coast. Local press reports says the initial investment in developing the marine infras
News – July 16, 2008 The Press & Journal newspaper in the UK says three companies are battling to win a £32 million contract for a large scale upgrade of the Port of Peterhead. “Peterhead Port Authority wants to build a 650ft quay and a 328ft breakwater at the Smith Embankment to meet the demands [&
Thalassa Energy Ltd has announced plans to join The Alternative Investment Market of the London Stock Exchange after raising over £3 million. The company will be capitalized at £4.3 million when it joins the market. Thalassa has one subsidiary, Thalassa Energy Services Ltd (“TESL”), which was establ
Sweden’s PA Resources has participated in new discoveries of oil and gas-condensate on the Diega prospect in Block I offshore Equatorial Guinea. Operator Noble Energy said approximately 12 meters of net gas-condensate pay was discovered in the primary drilling zone, the geological properties of whic
Revus Energy has warned that its second quarter production numbers will be well down on expectations because of field shut-downs. Revus said output for Q2 2008 shows an average daily production net to Revus of 5,445 boe/d. This is 15.6% below earlier guidance of 6,450 boepd. Revus said: “The main re
In order to beat the solo North Atlantic record held by Francis Joyon since 2005, Thomas Coville must round Lizard Point (SW tip of England) before Tuesday 17:47UT. Yesterday at 18:10, after 4 days and 4 hours sailing, and exactly two days from the last possible arrival date, Thomas had 624 miles to
News – July 15, 2008 State-owned Port of Tallinn and KMG Inseneriehituse have signed a contract for the extension of the Muuga Container Terminal in Estonia. According to local press reports, Phase One of the eastern part of the project will cover 27 hectares and includes building a 500m quay for co
Contracts & Tenders – July 15, 2008 MCJ Ref No: 644/E/54 Tender Ref No: 2008-169374 Project Stage: Contract Award Area: Rijswijk, Netherlands Value: 1: 26,890,000 EUR; 2: 12,940,000 EUR Promoter: Rijkswaterstaat Noordzee, Lange Kleiweg, 34, Afdeling Inkoopondersteuning, NL-2288 GK Rijswijk. Tel: 07