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Business & Finance

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Daewoo, Woodside in Offshore Myanmar PSC
Business & Finance

Daewoo, Woodside in Offshore Myanmar PSC

Woodside advises that Daewoo International Corporation has accepted an offer by Woodside to farm-in to the Production Sharing Contract for Block AD-7 in the Rakhine Basin, located in the western offshore area of the Republic of the Union of Myanmar. The offer is for a 40% participating interest in t

about 14 years ago
Norway: Ostensjo Extends Contract for PSV Edda Sprint with Maersk
Business & Finance

Norway: Ostensjo Extends Contract for PSV Edda Sprint with Maersk

Edda Sprint has been awarded an extension to it’s contract with Maersk Oil & Gas. The vessel, which has been under contract with Maersk Oil & Gas for 9 years, has recently been awarded a one year extension to it’s contract. This means that she will stay with Maersk Oil & Gas until at least […

about 14 years ago
USA: Port Authority OKs Funding for Newark Development Project
Business & Finance

USA: Port Authority OKs Funding for Newark Development Project

The Port Authority Board of Commissioners today approved a contribution of $1.3 million to Essex County for the development of the Riverbank Park Extension in Newark. The site includes more than 12 acres of public open space and waterfront access along the banks of the Passaic River. Today’s authori

about 14 years ago
Maersk Extends Edda Sprint Contract (Denmark)
Business & Finance

Maersk Extends Edda Sprint Contract (Denmark)

Edda Sprint has been awarded an extension to it’s contract with Denmark’s Maersk Oil & Gas, Østensjø Rederi has informed. The platform supply vessel, which has been working for Maersk Oil & Gas for 9 years now, has recently been awarded a one year extension to it’s contract. The vessel, previously k

about 14 years ago
MacArtney Introduces OptoLink Single Fibre Connector (Denmark)
Business & Finance

MacArtney Introduces OptoLink Single Fibre Connector (Denmark)

The MacArtney Underwater Technology Group introduced the OptoLink Single Fibre Connector – a small sized, however, highly significant addition to MacArtney’s successful OptoLink fibre optic connector range. Designed for subsea equipment manufacturers, the low insertion loss and back reflection make

about 14 years ago
Norway: Searcher Seismic Announces Reprocessing of ST9802 Ultracube 3D Survey
Business & Finance

Norway: Searcher Seismic Announces Reprocessing of ST9802 Ultracube 3D Survey

Searcher Seismic announces that the ST9802 Ultracube 3D survey located on the Finnmark Platform in the Barents Sea is currently being fully reprocessed from field tapes. The original processed 3D volume (1999 vintage) is missing many of today’s modern processing algorithms such as swell noise remova

about 14 years ago
Cal Dive’s Vessel to Perform R&M Work for Pemex in Mexico
Business & Finance

Cal Dive’s Vessel to Perform R&M Work for Pemex in Mexico

Cal Dive International, Inc. announced today that it has recently commenced a two-year charter of the DP saturation diving vessel Kestrel to a major contractor in Mexico to perform repair and maintenance (R&M) work for Pemex. The charter started in mid-October and has a fixed term of two years with

about 14 years ago
McDermott Lands Two Rig Repair Contracts (Mexico)
Business & Finance

McDermott Lands Two Rig Repair Contracts (Mexico)

McDermott International, Inc. has been awarded contracts to refurbish and undertake rig repair work at the McDermott Altamira fabrication facility in Tamaulipas, Mexico. The two jack-up rigs are the Friede & Goldman L-780 Mod II design and will undergo significant improvement work to re-instate them

about 14 years ago
Chariot to Acquire 3D Seismic Survey Offshore Mauritania
Business & Finance

Chariot to Acquire 3D Seismic Survey Offshore Mauritania

Chariot Oil & Gas Limited, the independent Africa focused oil and gas exploration company, announces that it has signed a contract for acquisition of a 3,500km2 3D seismic survey in Block C19 offshore Mauritania. The Company has contracted Fugro-Geoteam AS to carry out the programme in water depths

about 14 years ago
USA: BP Confirms Integrity of Macondo Well
Business & Finance

USA: BP Confirms Integrity of Macondo Well

BP announced it has once again confirmed the integrity of the Macondo well and its associated relief wells following an extensive subsea survey this week to identify potential sources of a surface sheen near Mississippi Canyon block 252 in the Gulf of Mexico. The latest survey marks the third time s

about 14 years ago
Germany: Hamburg Port Business Community Comments on Court Decision
Business & Finance

Germany: Hamburg Port Business Community Comments on Court Decision

With yesterday’s decision to accept the emergency petitions against the planning approval decision on adjustment of the navigation channel, the Federal Administrative Court has not delivered a judgement on the core issue, but has deferred a decision in the principal proceedings, as it has also done

about 14 years ago
Austal Starts Construction of Third LCS (USA)
Business & Finance

Austal Starts Construction of Third LCS (USA)

Austal held a keel-laying ceremony today for the third Independence-variant Littoral Combat Ship (LCS) – Jackson (LCS 6), one of five Austal-designed 127-metre US Navy Independence-variant Littoral Combat Ships under contract with the US Navy. Dr. Katherine Holmes Cochran, the ship’s sponsor, was pr

about 14 years ago
BP Confirms Integrity of Macondo (USA)
Business & Finance

BP Confirms Integrity of Macondo (USA)

BP today announced it has once again confirmed the integrity of the Macondo well and its associated relief wells following an extensive subsea survey this week to identify potential sources of a surface sheen near Mississippi Canyon block 252 in the Gulf of Mexico. The latest survey marks the third

about 14 years ago
Cal Dive Secures Saturation Diving Jobs in Mexico and Australia
Business & Finance

Cal Dive Secures Saturation Diving Jobs in Mexico and Australia

Cal Dive International, Inc. announced that it has recently commenced a two-year charter of the DP saturation diving vessel Kestrel to a major contractor in Mexico to perform repair and maintenance work for Pemex. The charter started in mid-October and has a fixed term of two years with an additiona

about 14 years ago
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