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Business & Finance

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Qatar Petroleum and Total Ink HOA on Al Khalij Field for Further 25 Years
Business & Finance

Qatar Petroleum and Total Ink HOA on Al Khalij Field for Further 25 Years

His Excellency Dr. Mohammed bin Saleh Al-Sada, Minister of Energy and Industry of the State of Qatar, Chairman and Managing Director of Qatar Petroleum, and Yves-Louis Darricarrère, Total’s President, Upstream, signed a Heads of Agreement on Al Khalij field, offshore Qatar, for a further 25 years. L

about 14 years ago
Norway: STX OSV Holds Its Ground Despite Soft Market Conditions
Business & Finance

Norway: STX OSV Holds Its Ground Despite Soft Market Conditions

STX OSV Holdings Limited, a major global designer and shipbuilder of offshore and specialized vessels headquartered in Norway, announced its results for the third quarter (“3Q 2012”) and nine months ended 30 September 2012 (“9M 2012”). Financial and Operating Review STX OSV generated revenue of NOK

about 14 years ago
Court to Resolve EBF Subsea Cable Dispute (Ireland)
Business & Finance

Court to Resolve EBF Subsea Cable Dispute (Ireland)

Sea Fibre Networks Ltd (SFN) has taken legal actions on the Commercial Court against the Minister for the Environment regarding his approval of Emerald Bridge Fibres (EBF) Ltd’s subsea fibre optic telecommunications cable project. According to SFN, the cable that would stretch between Portmarnock, C

about 14 years ago
FID Reached for South Stream Offshore Section
Business & Finance

FID Reached for South Stream Offshore Section

The South Stream Transport Board of Directors which includes representatives from Gazprom, Eni, EDF and BASF yesterday in Milan, Italy discussed the key issues of the South Stream project and adopted the final investment decision for the offshore gas pipeline section. The financial details of the FI

about 14 years ago
CPNL Engineering to Supply Cable Protection System for Offshore Wind Project in Germany
Business & Finance

CPNL Engineering to Supply Cable Protection System for Offshore Wind Project in Germany

CPNL Engineering GmbH, a provider of cable protection equipment, announced that the firm will supply a complete cable protection system for use on the NSO offshore wind project of RWE, a leading utilities company in Germany. RWE is the first company to adopt the cable protection system in a complete

about 14 years ago
ELIS SEIS Public Meeting Postponed (USA)
Business & Finance

ELIS SEIS Public Meeting Postponed (USA)

ELIS SEIS Public meeting scheduled for today in New York has been postponed due to the recovery efforts in Long Island. The U.S. Environmental Protection Agency (EPA) and the U.S. Army Corps of Engineers (USACE) jointly regulate dredged material disposal under federal authorities provided by section

about 14 years ago
STX OSV Successfully Delivers Eight Vessels During 3rd Quarter (Norway)
Business & Finance

STX OSV Successfully Delivers Eight Vessels During 3rd Quarter (Norway)

STX OSV Holdings Limited, a major global designer and shipbuilder of offshore and specialized vessels headquartered in Norway, announced its results for the third quarter and nine months ended 30 September 2012. STX OSV generated revenue of NOK 2,457 million for 3Q 2012, representing a 27% decrease

about 14 years ago
MWCC Presents at Oil Spill Prevention Exhibition (USA)
Business & Finance

MWCC Presents at Oil Spill Prevention Exhibition (USA)

For the second year in a row, Marine Well Containment Company (MWCC) will take part in North America’s leading oil spill prevention and response conference and exhibition, Clean Gulf. Held in New Orleans November 14-15, three MWCC executives will present as part of the “Deepwater Prevention and Prep

about 14 years ago
UAE: Khalifa University to Hold Talk on Robotic Exploration of the Ocean
Business & Finance

UAE: Khalifa University to Hold Talk on Robotic Exploration of the Ocean

Khalifa University announced that it will be holding a talk on ocean exploration and its implications to science and technology, as part of its Distinguished Speakers Series, at the InterContinental Hotel, Abu Dhabi on November 18th. The talk, which is open to the public, will be presented by distin

about 14 years ago
China: Maiden Call of World’s Largest Container Vessel at HIT
Business & Finance

China: Maiden Call of World’s Largest Container Vessel at HIT

The world’s largest container vessel, CMA CGM Marco Polo, made its maiden call at Hongkong International Terminals (HIT) yesterday. Capable of carrying up to 16,020 TEU, it is the largest container vessel to ever call in Hong Kong. Its decision to berth at HIT is testament to the terminal’s world-cl

about 14 years ago
Germany: EnBW Delays Hohe See Decision
Business & Finance

Germany: EnBW Delays Hohe See Decision

Due to the uncertainties in the regulations and amendment process of the Energy Act underway , EnBW, one of the largest energy companies in Germany has decided to postpone the decision on EUR 1.5 billion investment in the North Sea Offshore Wind. “We need legal clarity and reliable framework conditi

about 14 years ago
Ultrabulk Orders Eco-Type Vessel from Japan
Business & Finance

Ultrabulk Orders Eco-Type Vessel from Japan

Due to continuous delays in the construction and delivery of two long term charter vessels originally to be built at Zhoushan Jinhaiwan Shipyard Co. Ltd., China, Ultrabulk has mutually agreed with head owners to cancel the charter contracts for two Kamsarmax (large Panamax) bulkers without further c

about 14 years ago
Army Corps: Hopper Dredger Rental Contract (USA)
Business & Finance

Army Corps: Hopper Dredger Rental Contract (USA)

U.S. Army Corps of Engineers has announced details about the Mississippi River and Southwest Pass, hopper dredger rental contract. The work consists of furnishing one fully crewed and equipped self-propelled trailing suction type hopper dredge on a rental basis. Work will be performed at the Mississ

about 14 years ago
The Netherlands: Van der Vlist Provides Storing Services for Smit Salvage
Business & Finance

The Netherlands: Van der Vlist Provides Storing Services for Smit Salvage

Van der Vlist are currently handling and storing a variety of equipment for Smit Salvage, part of the Boskalis Group. Van der Vlist have most recently transported and placed into storage the sawing system that was used to dismantle the Russian nuclear submarine “Kursk” during the 2001 salvage operat

about 14 years ago
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