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Business & Finance

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Malaysia: AET Confirms Its Green Credentials
Business & Finance

Malaysia: AET Confirms Its Green Credentials

AET – a leading global owner/operator of petroleum tankers – formally gave its commitment to the MPA Green Shipping Programme. President and CEO, Hor Weng Yew, signed-up to the initiative at a ceremony held in Singapore as part of the international bunkering conference, SIBCON. The Green Shipping Pr

about 14 years ago
Tap Oil Prepares to Drill to Final Total Depth at Manora (Thailand)
Business & Finance

Tap Oil Prepares to Drill to Final Total Depth at Manora (Thailand)

Tap Oil Limited provides has announced that during the period from 0600 hours WST on 10 October 2012 to 0600 hours WST on 17 October 2012, the Manora-5 well was drilled directionally to a depth of 2,207 metres true vertical depth. The forward plan is to drill to final total depth and run wire line [

about 14 years ago
GBI, Xtera Announce Full 100G Connectivity between Egypt and Italy
Business & Finance

GBI, Xtera Announce Full 100G Connectivity between Egypt and Italy

Gulf Bridge International (GBI), the Middle East’s first carrier neutral regional network, and Xtera Communications Inc. (Xtera), a leading global provider of optical networking solutions, announced the full 100G connectivity between Zafarana cable landing station in Egypt on the Red Sea and Milan P

about 14 years ago
$50 Million Worth of Contracts for DOF Subsea
Business & Finance

$50 Million Worth of Contracts for DOF Subsea

DOF Subsea AS has secured multiple contracts awards in Asia, in Atlantic and in the Gulf of Mexico over the last couple of weeks with a total contract value of approximately USD 50 million. In the Asia Pacific Region DOF Subsea have secured several new contracts and extension of existing contracts w

about 14 years ago
UK: Coastline Surveys Wraps Up Investigations for Liverpool 2
Business & Finance

UK: Coastline Surveys Wraps Up Investigations for Liverpool 2

Coastline Surveys has recently completed a Geo-Environmental investigation on behalf of Mersey Docks and Harbour Company, as part of the Liverpool 2 container terminal development. The survey data and samples will provide marine sediment quality information and chemical analysis including dissipatio

about 14 years ago
Helix Sells Three Pipelayers (USA)
Business & Finance

Helix Sells Three Pipelayers (USA)

Helix Energy Solutions Group, Inc. has agreed to sell its three pipelay vessels, the Caesar, Express, Intrepid and related equipment in separate transactions for total cash consideration of $252,750,000. On October 15, 2012, Helix entered into an agreement to sell the Caesar, Express and related equ

about 14 years ago
USA: Helix Sells Its Three Pipelay Vessels
Business & Finance

USA: Helix Sells Its Three Pipelay Vessels

Helix Energy Solutions Group, Inc. has agreed to sell its three pipelay vessels, the Caesar, Express, Intrepid and related equipment in separate transactions for total cash consideration of $252,750,000. On October 15, 2012, Helix entered into an agreement to sell the Caesar, Express and related equ

about 14 years ago
USA: Helix Sells Its Three Pipelay Vessels
Business & Finance

USA: Helix Sells Its Three Pipelay Vessels

Helix Energy Solutions Group, Inc. has agreed to sell its three pipelay vessels, the Caesar, Express, Intrepid and related equipment in separate transactions for total cash consideration of $252,750,000. On October 15, 2012, Helix entered into an agreement to sell the Caesar, Express and related equ

about 14 years ago
USACE: Spotlight on Capt. Derek Thornton (USA)
Business & Finance

USACE: Spotlight on Capt. Derek Thornton (USA)

It’s no secret that successful engineers often exhibit similar personality traits ranging from possessing strong problem solving skills to working well as a team, so it didn’t come as a surprise to Capt. Derek Thornton’s family when he decided to pursue a career as an engineer. What they didn’t know

about 14 years ago
Testing Starts on Karoon’s Boreas-1 Well (Australia)
Business & Finance

Testing Starts on Karoon’s Boreas-1 Well (Australia)

Testing of Karoon Gas Australia Ltd’s Boreas-1 exploration well in the Browse basin has commenced. During the initial well clean up a maximum flow rate of 30.2 Mmscf/d was attained through a 40/64 choke, with a flowing wellhead pressure of 3300 psia. The flow rate was constrained by current surface

about 14 years ago
VIDEO: Aker Solutions Secures Shetland Gas Plant Deal (UK)
Business & Finance

VIDEO: Aker Solutions Secures Shetland Gas Plant Deal (UK)

Aker Solutions has secured a three year contract to provide operations and maintenance services to Total E&P UK Ltd and its joint venture partner DONG E&P (UK) Ltd at the new Shetland Gas Plant (SGP). The agreement includes provision of operations, maintenance and services support personnel for Tota

about 14 years ago
Yankee Fleet Receives Incat Crowther Catamaran Ferry (USA)
Business & Finance

Yankee Fleet Receives Incat Crowther Catamaran Ferry (USA)

Yankee Freedom III, a 34m Catamaran Ferry, was developed in partnership with Yankee Fleet and Gladding Hearn Shipbuilding to provide exceptional passenger comfort and minimal environmental impact on the local environment (emissions, noise and wake wash). To achieve the regulated environmental and pa

about 14 years ago
Eagle Ray AUV Achieves Depth Milestone (USA)
Business & Finance

Eagle Ray AUV Achieves Depth Milestone (USA)

International Submarine Engineering Ltd learns of its customer’s new depth record obtained by the ISE Explorer Autonomous Underwater Vehicle (AUV) ‘Eagle Ray’, a cooperative venture of the University of Southern Mississippi and the University of Mississippi. Operated by the National Institute for Un

about 14 years ago
USA: Caterpillar Introduces First Hybrid Excavator
Business & Finance

USA: Caterpillar Introduces First Hybrid Excavator

In its continued commitment to introduce products that bring the most value to customers, Caterpillar Inc. yesterday unveiled the first model in its new line of hybrid excavators. The Cat 336E H is the company’s first machine to use a novel hydraulic hybrid technology developed internally by Caterpi

about 14 years ago
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