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Business & Finance

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CSL’s First Trillium Class Vessel Completes Maiden Voyage (Canada)
Business & Finance

CSL’s First Trillium Class Vessel Completes Maiden Voyage (Canada)

CSL International (CSLI) announces that the MV Rt. Hon. Paul E. Martin arrived in Port Sechelt, British Columbia at 02:00 PDT on October 21, 2012, completing the vessel’s maiden voyage. A Port of Vancouver-issued plaque commemorating the event was presented to Captain Vladyslav Tarasov by Bruce Roth

about 14 years ago
Australia: Eni Starts Production Testing on Heron South
Business & Finance

Australia: Eni Starts Production Testing on Heron South

MEO Australia Limited provides the following update in relation to Heron South-1 being drilled in NT/P68, operated by Eni Australia Ltd (Eni). Eni has formally advised MEO that it intends to commence production testing to determine reservoir productivity and gas composition. The well is interpreted

about 14 years ago
UK: Great Interest for Milford Dock and Marina Development
Business & Finance

UK: Great Interest for Milford Dock and Marina Development

An innovative development, costing in excess of £60 million pounds, to regenerate the entire dock and marina area in Milford Haven has been viewed by over two hundred people during a series of public consultations, with the majority supporting the plans. Milford Haven Port Authority, which is behind

about 14 years ago
International Shipholding Corporation Acquires Pure Car Truck Carrier (USA)
Business & Finance

International Shipholding Corporation Acquires Pure Car Truck Carrier (USA)

International Shipholding Corporation yesterday announced the purchase of a 1999-built Pure Car Truck Carrier (PCTC). The vessel acquisition was funded by a $3.5 million cash payment and the sale of the Company’s 1994- built PCTC, Green Cove, to the seller in a transaction valued at approximately $2

about 14 years ago
Canada: BIRNS Presents 1000W Underwater Security Light
Business & Finance

Canada: BIRNS Presents 1000W Underwater Security Light

BIRNS, Inc., an ISO 9001:2008 certified global leader in the design and manufacture of unique lines of high performance lights, connectors, penetrators and custom cable assemblies for severe environments, has introduced the ultimate underwater security light: the new BIRNS Pisces™. This rugged, 130,

about 14 years ago
China: Xiangyu Establishes JV with State Owned Enterprise
Business & Finance

China: Xiangyu Establishes JV with State Owned Enterprise

Xiangyu Dredging Holdings Limited, the largest privately owned dredging company in China in terms of dredging volume in 2010, announced to have reached legally binding framework agreement with Zhuzhou Cyclic Economy Investment and Development Co., Ltd. at Hunan Province in China. In accordance to th

about 14 years ago
UK: Shell Gets Consent for Fram Field Development
Business & Finance

UK: Shell Gets Consent for Fram Field Development

The government has today given Shell consent for a new oil and gas development that will add two per cent to UK daily production. The Fram field, off the East Coast of Scotland, is one of the biggest developments to be given the go ahead in the past five years. Once production starts, the field [&he

about 14 years ago
Public Hearing on Impact Assessment of Opening Jan Mayen Area for Petroleum Activities
Business & Finance

Public Hearing on Impact Assessment of Opening Jan Mayen Area for Petroleum Activities

The Ministry of Petroleum and Energy last week submitted an impact assessment relating to petroleum activities in the area around Jan Mayen on public hearing. Interested parties are invited to comment on the impact assessment within the next three months. The impact assessment forms part of the proc

about 14 years ago
Switzerland: Michel Demaré to Leave ABB
Business & Finance

Switzerland: Michel Demaré to Leave ABB

ABB, the leading power and automation technology group, has announced that Michel Demaré will step down as ABB’s Chief Financial Officer and member of the Executive Committee. He has been appointed as the new Chairman of the Board of Syngenta beginning in April 2013 and will in the future focus on h

about 14 years ago
British Minister Hoban Visits ROV Manufacturer Saab Seaeye
Business & Finance

British Minister Hoban Visits ROV Manufacturer Saab Seaeye

The Minister of State for Work and Pensions and Member of Parliament for Fareham, Mark Hoban, recently visited top ROV manufacturer, Saab Seaeye. He met the new managing director, Jon Robertson, previously the company’s engineering director, along with the other key members of the management team: s

about 14 years ago
Denmark: MAN to Provide Engines for Chevron’s New Vessels
Business & Finance

Denmark: MAN to Provide Engines for Chevron’s New Vessels

MAN Diesel & Turbo has received an order from Chevron Corporation, the American multinational energy company, for two lightering newbuildings with each vessel to be powered by an MAN B&W 6G70ME-C9.2 prime mover. The newbuildings will each use an MAN Diesel & Turbo EGR (Exhaust Gas Recirculation) sys

about 14 years ago
Sterling Announces Current Resources Estimates for Properties Offshore Romania
Business & Finance

Sterling Announces Current Resources Estimates for Properties Offshore Romania

Sterling Resources Ltd. is providing current resources estimates for its properties offshore Romania. The current estimates have been prepared by Sterling’s independent reserves evaluator RPS Energy and comprise individual and aggregated resources estimates for the fields and prospects in Block 13 P

about 14 years ago
USA: FMC Technologies Forms Joint Venture with Edison Chouest Offshore
Business & Finance

USA: FMC Technologies Forms Joint Venture with Edison Chouest Offshore

FMC Technologies, Inc. announced that it has formed a joint venture with Edison Chouest Offshore LLC. The new company will be based in Houston. Utilizing the subsea technologies, tooling and expertise of FMC Technologies, and the vessel, port logistics and ROV operations of Edison Chouest Offshore,

about 14 years ago
Norway: Seadrill, Songa Offshore Enter HoA for Potential Purchase of ‘Songa Eclipse’
Business & Finance

Norway: Seadrill, Songa Offshore Enter HoA for Potential Purchase of ‘Songa Eclipse’

Seadrill has entered into a Heads of Agreement (“HoA”) with Songa Offshore SE for a potential purchase of the ultra deepwater semi-submersible rig “Songa Eclipse”. The HoA has certain subjects, hereunder board approval from Seadrill and Songa. A key element in the HoA is that Seadrill is granted exc

about 14 years ago
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