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Business & Finance

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Construction of South Stream Facilities in Bulgaria to Start Next Year
Business & Finance

Construction of South Stream Facilities in Bulgaria to Start Next Year

The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Dimitar Gogov, Executive Director of Bulgargaz. The parties discussed the issues of bilateral cooperation in the energy sector and the prospects for widening cooperation in other

about 13 years ago
Shell, TSC to Enhance FLNG Collaboration
Business & Finance

Shell, TSC to Enhance FLNG Collaboration

Shell Gas & Power Developments B.V. (Shell) and the Technip Samsung Consortium (TSC) have signed a heads of agreement to enhance collaboration on the design, engineering, procurement, construction and installation of future innovative FLNG facilities. The agreement builds on the existing relationshi

about 13 years ago
No Flow for MEO in Indonesia
Business & Finance

No Flow for MEO in Indonesia

MEO Australia Limited provides the following update in relation to the Gurame SE-1XST well in the Seruway PSC, offshore North Sumatra, in which MEO holds a 100% interest. Since the last report, the 7” liner was perforated over the Baong sands with tubing conveyed perforating (TCP) guns across a tota

about 13 years ago
Norway: Norske Shell to Use West Navigator for Drilling on Draugen Field
Business & Finance

Norway: Norske Shell to Use West Navigator for Drilling on Draugen Field

AS Norske Shell has received the Petroleum Safety Authority Norway’s (PSA’s) consent to use the West Navigator mobile drilling facility. The consent relates to drilling and completion of production wells G1, G2, G3, and E4 and plugging and abandonment of wells A 53 and A 58 on the Draugen field. The

about 13 years ago
Statoil to Increase Oil Recovery with Seismic Cables Off Norway
Business & Finance

Statoil to Increase Oil Recovery with Seismic Cables Off Norway

New seismic tools will result in 30 million extra barrels of oil from Snorre and Grane when Statoil and its partners now start using permanent reservoir monitoring (PRM). The technology will ensure a better understanding of the reservoirs. Snorre and Grane are two oil fields with large remaining res

about 13 years ago
Germany: HHLA Handles World’s Largest Containership
Business & Finance

Germany: HHLA Handles World’s Largest Containership

Hamburg was the first continental European port of call on the maiden voyage of the CMA CGM Marco Polo. The mega-ship, with a capacity of 16,020 standard containers, is being handled at the HHLA Container Terminal Burchardkai. The French shipping company CMA CGM sets great store by Hamburg because o

about 13 years ago
Shell, TSC Consortium Work to Improve FLNG Collaboration
Business & Finance

Shell, TSC Consortium Work to Improve FLNG Collaboration

Shell Gas & Power Developments B.V. (Shell) and the Technip Samsung Consortium (TSC) have signed a heads of agreement to enhance collaboration on the design, engineering, procurement, construction and installation of future innovative FLNG facilities. The agreement builds on the existing relationshi

about 13 years ago
Freighter Runs Aground in Charleston Harbor (USA)
Business & Finance

Freighter Runs Aground in Charleston Harbor (USA)

A 441-foot Liberian-flagged freighter ran aground in Charleston Harbor Tuesday at 6:23 pm after losing propulsion. No damage or pollution was reported, and the vessel HR Recommendation, was successfully refloated at high tide Wednesday morning. The vessel was inbound to Columbus Street Terminal in C

about 13 years ago
ANU and Scripps Find Parts of Coral Reefs More Resistant to Ocean Acidification
Business & Finance

ANU and Scripps Find Parts of Coral Reefs More Resistant to Ocean Acidification

Researchers from The Australian National University (ANU) have found parts of the coral reefs are more resistant to ocean acidification than first thought, casting a ray of hope for the future of the reefs. The study, published in Nature Climate Change and coauthored by a researcher at Scripps Insti

about 13 years ago
UAE President Officially Launches Khalifa Port
Business & Finance

UAE President Officially Launches Khalifa Port

Speaking at Taweelah – the site of Abu Dhabi’s megaproject of Khalifa Port and Khalifa Industrial Zone Abu Dhabi (Kizad), President His Highness Sheikh Khalifa bin Zayed Al Nahyan honoured Abu Dhabi Ports Company (ADPC) by expressing his pride at the completion of projects that are of benefit to the

about 13 years ago
Germany: Biggest Ferry Ever Built by FSG Delivered
Business & Finance

Germany: Biggest Ferry Ever Built by FSG Delivered

Flensburger Schiffbau-Gesellschaft (FSG) last week handed over the 208 metre-long RoRo ferry “Ulusoy 14” (Hull No. 753) to the Turkish shipping company Ulusoy Sealines. She is the biggest and longest ferry ever delivered by FSG. “We are delighted that with Hull No. 753 we have been able to set a fur

about 13 years ago
MEO: Blackwood Well Option Extended by One Month (Australia)
Business & Finance

MEO: Blackwood Well Option Extended by One Month (Australia)

MEO Australia Limited advises that MEO and Eni Australia Ltd (Eni) have mutually agreed to defer the election deadline for the Blackwood well by one month to 4th February 2013. Under the Farm-in Agreement (FIA) dated 17th May 2011, Eni had a period of 365 days from the completion of the Blackwood 3D

about 13 years ago
USA: DEP Releases Caloosahatchee River Restoration Roadmap
Business & Finance

USA: DEP Releases Caloosahatchee River Restoration Roadmap

The Florida Department of Environmental Protection announced adoption of two Basin Management Action Plans in southwest Florida, one for Hendry Creek and Imperial River and the other for the Caloosahatchee River. Department Secretary Herschel Vinyard joined city and county officials at the celebrati

about 13 years ago
Japan: MOL Acquires Top Rating for SMBC Environmental Assessment Loan
Business & Finance

Japan: MOL Acquires Top Rating for SMBC Environmental Assessment Loan

Mitsui O.S.K. Lines, Ltd. yesterday announced that the company acquired the top rating for Sumitomo Mitsui Banking Corporation (SMBC) Environmental Assessment Loan. To get this loan system, the MOL Group must meet strict environmental assessment standards set by SMBC and Japan Research Institute. MO

about 13 years ago
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