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Business & Finance

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MPRL E&P Accepts Farm-in Offer for Block A-6 Offshore Myanmar
Business & Finance

MPRL E&P Accepts Farm-in Offer for Block A-6 Offshore Myanmar

Woodside advises that MPRL E&P Pte Ltd has accepted its offer to farm-in to block A-6 in the Rakhine Basin, located in the western offshore area of the Republic of the Union of Myanmar. The offer is for a 50% interest in the block and is subject to certain conditions including execution of fully ter

about 13 years ago
Norwegian Havila Sells Its Interest in DSV Seven Havila to Subsea 7
Business & Finance

Norwegian Havila Sells Its Interest in DSV Seven Havila to Subsea 7

Havila Shipping ASA has entered into an agreement with Subsea 7, whereby Subsea 7 will acquire Havila Shipping’s 50% interest in the joint venture, Acergy Havila Limited. The joint venture owns the Diving Support Vessel “Seven Havila” which was built in 2010 and delivered to the joint venture in Feb

about 13 years ago
Subsea 7 Buys Havila Shipping’s Stake in Acergy Havila
Business & Finance

Subsea 7 Buys Havila Shipping’s Stake in Acergy Havila

Subsea 7 will acquire Havila Shipping’s 50% interest in the joint venture, Acergy Havila Limited, Havila Shipping announced today. The joint venture owns the Diving Support Vessel “Seven Havila” which was built in 2010 and delivered to the joint venture in February 2011, upon which it immediately st

about 13 years ago
Havila Shipping Sells Its Ownership in Seven Havila to Subsea 7 (UK)
Business & Finance

Havila Shipping Sells Its Ownership in Seven Havila to Subsea 7 (UK)

Havila Shipping ASA has entered into an agreement with Subsea 7, whereby Subsea 7 will acquire Havila Shipping’s 50% interest in the joint venture, Acergy Havila Limited. The joint venture owns the Diving Support Vessel “Seven Havila” which was built in 2010 and delivered to the joint venture in Feb

about 13 years ago
BMT Nigel Gee Expands to Meet Increased Workload (UK)
Business & Finance

BMT Nigel Gee Expands to Meet Increased Workload (UK)

BMT Nigel Gee, a subsidiary of BMT Group, has announced recent refurbishment and expansion activity at its offices in Southampton in order to meet a large increase in design work. Operating across four principal market sectors, the naval architectural practice delivers design and engineering service

about 13 years ago
Ecology OKs Ridgefield’s Shoreline Master Program (USA)
Business & Finance

Ecology OKs Ridgefield’s Shoreline Master Program (USA)

The Washington Department of Ecology (Ecology) has approved Ridgefield’s updated shoreline master program. Ridgefield’s program will guide development and use along 1.6 miles of shorelines on Lake River and Gee Creek. It will result in significant improvements in water quality as well as improved pr

about 13 years ago
India Holds Potential of 8000 MW Tidal Energy, Study Says
Business & Finance

India Holds Potential of 8000 MW Tidal Energy, Study Says

The Minister of New and Renewable Energy, DR. FAROOQ ABDULLAH informed Lok Sabha that in order to exploit tidal power, Government of Gujarat has signed a Memorandum of Understanding in January 2011 for establishing a 250 MW tidal power project in Gulf of Kutch with Gujarat Power Corporation Ltd. (GP

about 13 years ago
Austal Secures Fleet Maintenance Contract from NFC (Oman)
Business & Finance

Austal Secures Fleet Maintenance Contract from NFC (Oman)

Austal announced the award of a Fleet Maintenance Services contract by the Sultanate of Oman’s National Ferries Company (NFC). The award of this contract follows a successful competitive tender. Austal had previously held a three-year Vessel Maintenance Services Agreement which concluded in October

about 13 years ago
South Stream Gas Pipeline Construction Begins
Business & Finance

South Stream Gas Pipeline Construction Begins

The Russkaya compressor station site (near Anapa, Krasnodar Territory) hosted the celebrations dedicated to the construction start-up of the South Stream gas pipeline. The celebrations were attended by Vladimir Putin, President of the Russian Federation, representatives of the participating countrie

about 13 years ago
South Korea: BPA, PSA Sign MoU for Strategic Cooperation
Business & Finance

South Korea: BPA, PSA Sign MoU for Strategic Cooperation

Busan Port Authority (BPA) and PSA International (PSA) signed a Memorandum of Understanding (MOU) on 7 December 2012 to facilitate cooperation towards a long term and strategic partnership between the two organisations. Through this MOU, BPA and PSA recognise the opportunities to work more closely t

about 13 years ago
Plan for Brazilian Ports Modernization Introduced
Business & Finance

Plan for Brazilian Ports Modernization Introduced

Brazilian President Dilma Rousseff announced the launch of the Logistics Investment Program for Ports, a program to encourage the modernization of the management and infrastructure of the country’s ports, boost the expansion of private investment in the sector, decrease costs and increase efficiency

about 13 years ago
Kongsberg Oil & Gas Technologies Buys Apply Nemo, Norway
Business & Finance

Kongsberg Oil & Gas Technologies Buys Apply Nemo, Norway

Kongsberg Oil & Gas Technologies AS (KOGT), a wholly owned company of KONGSBERG, has entered into an agreement to acquire 100% of the shares in Apply Nemo AS, an independent supplier of engineering services, products and solutions for subsea oil and gas applications. The acquisition, which is expect

about 13 years ago
USA: Meetings for Proposed Gateway Pacific Scheduled
Business & Finance

USA: Meetings for Proposed Gateway Pacific Scheduled

The three agencies gathering public comment on the scope of an upcoming environmental impact statement (EIS) for a proposed bulk-cargo shipping terminal and rail spur improvements at Cherry Point have modified the speaker selection process at two upcoming public meetings to accommodate high public i

about 13 years ago
Turkey: Polarcus Enters into Negotiations with TPAO for Sale of Polarcus Samur
Business & Finance

Turkey: Polarcus Enters into Negotiations with TPAO for Sale of Polarcus Samur

Polarcus Limited announces that the Company has been invited to enter into final negotiations with the Turkish Petroleum Corporation (“TPAO”) over a long-term collaboration arrangement between the parties, which will include the sale and reflagging of the 8-streamer 3D seismic vessel Polarcus Samur

about 13 years ago
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