LONDON – Plumbing new depths. China’s largest offshore oil group, CNOOC, says its parent company plans to mine the briny deep of the South China Sea next year for oil and gas…
Connecticut won a major reprieve in August when the federal Base Realignment and Closure Commission decided against closing the New London Naval Submarine Base in Groton.
NEW HAVEN, Conn. – Submarine builder Electric Boat will cut up to 2,400 jobs next year and warned that it could eliminate half of its work force in coming years as it faces a dwindling submarine market and a Navy policy directing repair work to its own shipyards.
Alang ship breaking yard, one of the world
The idea of a very first short-distance race aimed exclusively at maxi-multihulls first saw the light of day one year ago. It is intended that in June 2007, the fleet will line up on the start in Le Morbihan, bound for Iceland and run a course of around 3200 miles / 6000 km.
Rolls-Royce has won a $41 million contract from China for an additional three industrial RB211 gas turbine compression packages to be installed on Phase 1 of the West-East Gas Pipeline.
MacGREGOR
Norwegian energy and aluminium group Norsk Hydro (NHY.OL: Quote, Profile, Research) has made an oil discovery in western Iran, near the border with Iraq, that could be one of the most significant finds of recent years, Hydro said on Wednesday.
HONG KONG – China’s largest offshore oil producer, CNOOC Ltd., said its unlisted parent company plans to start deep water oil and gas exploration in the South China Sea with Canada’s Husky Energy Inc. next year.
During a ceremony on Monday at the Mus
Built in a record five months
Cochin Shipyard Limited (CSL) has bagged a major repair order from Oil and Natural Gas Corporation (ONGC) for repairing its three rigs.
KCI Konecranes has received an order for a Goliath Gantry Crane from Korean Daewoo Shipbuilding & Marine Engineering Co., Ltd, the world’s second largest shipbuilder.
The first tanker load of crude oil from Newfoundland’s White Rose offshore oil field is heading to Irving Oil’s refinery in Saint John, N.B.
