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Defending the cost of Shell’s Bonga, pride of the nation
News

Defending the cost of Shell’s Bonga, pride of the nation

The trellines, which are bonded hoses made of rubber, steel rings, and reinforced rubber layers that allow the hose to withstand internal pressure, were installed without any impact on oil production during the entire installation process. SBM was contracted by Shell Nigeria Exploration and Producti

about 18 years ago
Italian trawler seized by Croatia
News

Italian trawler seized by Croatia

The Croatian navy has intercepted an Italian fishing boat, two days after Zagreb imposed a protection zone in its territorial waters. A government official said the trawler was “illegally present” and it was escorted to a port on the island of Vis for investigation.

about 18 years ago
Sky Petroleum Reports More Than 31,000 Barrels During October and November
News

Sky Petroleum Reports More Than 31,000 Barrels During October and November

Sky Petroleum, Inc., an oil and gas company, today reported that during the two months ending November 30, 2007, Mubarek production from the H2 and K2-ST4 wells was 31,562 barrels of oil. During the month of October Mubarek production from the H2 and K2-ST4 wells was 18,576 barrels of oil and during

about 18 years ago
Ship runs aground in Dover Strait
News

Ship runs aground in Dover Strait

A German container vessel with 27 crew on board has run aground in the Dover Strait off the coast of Kent. The 90,465-tonne LT Cortesia was en route to the Suez Canal when it ran aground on the Varne Bank, nine miles (14km) south of Dover harbour.

about 18 years ago
High tide refloats container ship
News

High tide refloats container ship

Coastguards have successfully refloated a German container vessel which ran aground off Kent. The 90,465-tonne LT Cortesia with 27 crew onboard was en route to the Suez Canal when it hit the Varne Bank, nine miles (14km) south of Dover harbour.

about 18 years ago
Oil hits $100 per barrel in New York
News

Oil hits $100 per barrel in New York

The price of crude oil rose to $100 per barrel in New York on Wednesday for the first time in history ahead of the new US Energy Information Administration inventories report, delayed to Thursday due to the New Year’s Day holiday on Tuesday.

about 18 years ago
Technip awarded USD 1.1 billion contract for subsea development in Angola
News

Technip awarded USD 1.1 billion contract for subsea development in Angola

Technip, leader in a consortium with Acergy, has been awarded by Total a contract for the development of the Pazflor oil field, located offshore Angola in Block 17, at water depths reaching 1,200m. Technip’s share of this USD 1.860 billion contract represents USD 1.160 billion.

about 18 years ago
Latest brokerage news from Edmiston
News

Latest brokerage news from Edmiston

While the Edmiston charter team is out in force inspecting the new Caribbean charter fleet, the salesmen have been networking with their international clientele this month closing the sales on three purchases (Netanya 7, Highland Breeze and Distraction) and signing up half a dozen significant new ce

about 18 years ago
Secret new Sunseeker superyacht
News

Secret new Sunseeker superyacht

These (see link) are the first ever photographs of Sunseeker’s secret new 34m (111ft) superyacht. Taken outside Sunseeker’s factory in Poole, Dorset, they show the £7.3million luxury cruiser being readied for its world launch at the London boat show on 11 January 2008.

about 18 years ago
Macquarie to Invest in Busan Port
News

Macquarie to Invest in Busan Port

Macquarie Korea Infrastructure Fund (MKIF) has decided to invest 259.4 billion won in the Busan New Port Container Terminal (BNCT), an MKIF spokesman said Wednesday. The BNCT is the concession company with the rights to develop, operate and maintain the Busan New Port (BNP).

about 18 years ago
Oman drilling program commences
News

Oman drilling program commences

Oilex Ltd is pleased to advise that the Sarha-1 exploration well was spudded on 31 December 2007. The well is the first of three exploration wells which will be drilled in a continuous sequence by Oilex in the Block 56 Production Sharing Contract Area, Sultanate of Oman using the Abraj Rig 204.

about 18 years ago
Cameron Awarded $190 Million Contract for Subsea Equipment Offshore Venezuela
News

Cameron Awarded $190 Million Contract for Subsea Equipment Offshore Venezuela

Cameron has been awarded a contract worth more than $190 million to provide subsea equipment and services to Petroleos De Venezuela S. A., the Venezuelan national oil company. Under the contract, which consists of three packages, Cameron will provide ten subsea Christmas trees, wellheads, associated

about 18 years ago
Olympic sailing venue showcased
News

Olympic sailing venue showcased

Weymouth and Portland – hosts of the sailing events at the 2012 Olympic and Paralympic Games – will be represented at the London Boat Show. The borough’s entry to the January 2008 exhibition – overseen by the council – will reflect its growing reputation as a key location for marine business.

about 18 years ago
Croatia provokes EU fishing row
News

Croatia provokes EU fishing row

The Croatian government is poised to set up a protected fishing zone despite strong opposition from the EU. The protected area which covers 57,000 sq km (22,800 sq miles) is due to come into force on Tuesday.

about 18 years ago
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