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Business & Finance

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Faroe Provisionally Awarded New Licences in Dreki Area Off Iceland
Business & Finance

Faroe Provisionally Awarded New Licences in Dreki Area Off Iceland

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, announces provisional exploration licence awards in the Dreki area on the Icelandic Continental Shelf in the Icelandic 2n

about 14 years ago
UAE: Grandweld Shipyards Showcases Its Capabilities at SMEM 2012
Business & Finance

UAE: Grandweld Shipyards Showcases Its Capabilities at SMEM 2012

Grandweld Shipyards participated at Seatrade Middle East Maritime (SMEM) 2012 exhibition and conference, which was held at Dubai International Convention and Exhibition Centre from the 27th until the 29th of November 2012. SMEM 2012 was region’s leading shipping and maritime event, which allowed Gra

about 14 years ago
Forum Acquires Dynacon (USA)
Business & Finance

Forum Acquires Dynacon (USA)

Forum Energy Technologies, Inc. announced yesterday, December 3, that it has acquired Dynacon, Inc. (“Dynacon”). Details of the transaction were not disclosed. Dynacon is the leading provider of launch and recovery systems (“LARS”) used for deployment of remotely operated vehicles (“ROVs”) and also

about 14 years ago
Polarcus Receives DNV Level 1 Triple-E™ Rating
Business & Finance

Polarcus Receives DNV Level 1 Triple-E™ Rating

The UAE-based shipowner Polarcus has received the world’s first-ever DNV Level 1 Triple-E™ rating, a voluntary environmental rating scheme for ships, where 1 is the highest. All eight vessels in the Polarcus fleet are designed by ULSTEIN. The rating is based on a verification of a ship’s actual ener

about 14 years ago
Swire Focuses on Expanding Business in Asia Pacific
Business & Finance

Swire Focuses on Expanding Business in Asia Pacific

Swire Oilfield Services, a global supplier of cargo carrying solutions, modular systems, offshore aviation services and fluid management, has invested millions of dollars in the Asia Pacific region during the past two years. The company’s success and commitment in the region has been demonstrated in

about 14 years ago
Qatar: Nakilat’s Rating Reaffirmed
Business & Finance

Qatar: Nakilat’s Rating Reaffirmed

Rating agency Standard & Poor’s (S&P) has reaffirmed Nakilat Inc.’s AA- rating with a stable outlook. The rating was reaffirmed on November 30th, 2012. Strong experience in managing liquefied natural gas (LNG) shipping, a reliable operating track record since delivery of its first LNG vessel in Augu

about 14 years ago
UAE: Polarcus Gets DNV Level 1 Triple-E™ Rating
Business & Finance

UAE: Polarcus Gets DNV Level 1 Triple-E™ Rating

Shipowner Polarcus has received the world’s first-ever DNV Level 1 Triple-E™ rating, a voluntary environmental rating scheme for ships, where 1 is the highest. All eight vessels in the Polarcus fleet are designed by ULSTEIN. The rating is based on a verification of a ship’s actual energy efficiency

about 14 years ago
Singapore: Leighton & Boskalis Secure Transportation, Installation and Dredging Contract
Business & Finance

Singapore: Leighton & Boskalis Secure Transportation, Installation and Dredging Contract

Leighton Offshore in consortium with Boskalis Offshore has been awarded a Transportation, Installation and Dredging contract by Shell Eastern Petroleum (Pte) Ltd to replace part of the Single Point Mooring (SPM) 48” Subsea pipeline. The project is located near Bukom Island, Singapore and is part of

about 14 years ago
Army Corps Seeks Contractor for Yaquina Repair Work (USA)
Business & Finance

Army Corps Seeks Contractor for Yaquina Repair Work (USA)

The U.S. Army Corps of Engineers is seeking eligible businesses to provide for the emergent support requirements and the yearly maintenance and overhaul/dry-docking of the USACE Trailing Suction Hopper Dredge YAQUINA with a dry-docking overhaul. YAQUINA has Overall Length of 200 ft, a Beam of 58 ft,

about 14 years ago
Rotterdam Port: Two-Way Traffic for Container Giants (The Netherlands)
Business & Finance

Rotterdam Port: Two-Way Traffic for Container Giants (The Netherlands)

From 1 December 2012, large container ships will be able to pass each other when entering and leaving the port of Rotterdam. The Directorate-General for Public Works and Water Management widened the Maasgeul for this purpose by a good 250 metres. Sea-going ships with a draught of more than 14.4 metr

about 14 years ago
Statnett, KfW and TenneT to Develop Subsea Cable Between Norway and Germany
Business & Finance

Statnett, KfW and TenneT to Develop Subsea Cable Between Norway and Germany

The Norwegian power grid operator Statnett, KfW IPEX-Bank on behalf of KfW and TenneT TSO GmbH, transmission system operator for the German North Sea region, have concluded a cooperation agreement to develop and construct a subsea cable between Germany and Norway. The high voltage direct current int

about 14 years ago
USA: Ecology Seeks Public Comments on Eatonville’s Shoreline Program
Business & Finance

USA: Ecology Seeks Public Comments on Eatonville’s Shoreline Program

The Washington Department of Ecology (Ecology) is seeking public comment on Eatonville’s recently updated shoreline master program. The proposed updated shoreline master program will guide construction and development along the town’s five miles of stream shorelines. It combines local plans for futu

about 14 years ago
NOAA Presents Papers on Research and Response for Future Oil Spills (USA)
Business & Finance

NOAA Presents Papers on Research and Response for Future Oil Spills (USA)

A special collection of articles about the Deepwater Horizon oil spill provides the first comprehensive analysis and synthesis of the science used in the unprecedented response effort by the government, academia, and industry. Papers present a behind-the-scenes look at the extensive scientific and e

about 14 years ago
Barstow Cleanup Project Begins (USA)
Business & Finance

Barstow Cleanup Project Begins (USA)

The U.S. Environmental Protection Agency this week will begin excavating areas of perchlorate-contaminated soil on and around a residential property on Poplar Street in Barstow, CA. The residence had been occupied by the former owner of Mojave Pyrotechnics, Inc., a defunct pyrotechnics manufacturing

about 14 years ago
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