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Business & Finance

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Spectrum Extends 2D Multi-Client Campaign Offshore Brazil
Business & Finance

Spectrum Extends 2D Multi-Client Campaign Offshore Brazil

Spectrum has commenced the next phase of its 2D campaign in Brazil to acquire an additional 6,000 km over the Foz do Amazonas basin. The program immediately follows on from the phase 1 survey of 15,000 km, which was completed successfully and ahead of time. The phase 2 survey will be completed in th

about 14 years ago
UK: Hogan Lovells Advises Lenders to Blue Transmission Consortium on GBP 110 Million OFTO Purchase
Business & Finance

UK: Hogan Lovells Advises Lenders to Blue Transmission Consortium on GBP 110 Million OFTO Purchase

Hogan Lovells advised the bank lenders to the Blue Transmission consortium of Macquarie Capital Group Limited and Barclays Integrated Infrastructure Fund on the consortium’s successful bid to acquire and operate the transmission link to the Walney 2 offshore wind farm for £110 million. The lending g

about 14 years ago
Italy, Greece and Albania Confirm Political Support for Trans Adriatic Pipeline
Business & Finance

Italy, Greece and Albania Confirm Political Support for Trans Adriatic Pipeline

The governments of Italy, Greece and Albania confirmed their political support for the Trans Adriatic Pipeline (TAP) project with the signing of a Memorandum of Understanding (MoU) yesterday evening. Concluded on the margins of the United Nations General Assembly meeting in New York, and in the pres

about 14 years ago
STX Dalian Shipyard Gets World’s Largest Goliath Crane (China)
Business & Finance

STX Dalian Shipyard Gets World’s Largest Goliath Crane (China)

STX Construction Dalian Co. Ltd in China has recently built a goliath crane, the world’s largest. The goliath crane installed on a dock at the STX Dalian Shipbuilding Complex weighs 1,000-tons and spans 248m, its lifting height is 84m and dead load reaches a whopping 8,300-tons. The goliath crane ma

about 14 years ago
Japan: MOL Again Earns Listing on SRI Indices
Business & Finance

Japan: MOL Again Earns Listing on SRI Indices

Mitsui O.S.K. Lines, Ltd. yesterday announced that the company has once again been selected for inclusion in the world’s major socially responsible investing (SRI) indices — the FTSE4Good Global Index Series and the Dow Jones Sustainability Indexes (DJSI). This month, the FTSE Group, owned by the Lo

about 14 years ago
Petrobras Charters Two LNG Vessels (Brazil)
Business & Finance

Petrobras Charters Two LNG Vessels (Brazil)

Petrobras has just chartered two vessels, Excalibur and Excelsior, to transport and storage Liquefied Natural Gas (LNG). Each vessel has a storing capacity of 138,000 m³, equivalent to 276,000 m³ liquefied natural gas (165.6 million m3 LNG after regasification). This volume is sufficient to meet the

about 14 years ago
UK: Lansdowne Oil & Gas Announces Its First Half Interim Results
Business & Finance

UK: Lansdowne Oil & Gas Announces Its First Half Interim Results

Lansdowne Oil & Gas announced its interim results for the six months to 30 June 2012. Operational highlights Barryroe appraisal well 48/24-10z successfully tested at a stabilised rate of 3,514 bopd and 2.93 mmscfgd (4,000boepd) Barryroe updated P50 oil in place estimates currently total 1,043MMBO fo

about 14 years ago
USA: Silvermere Provides Update on Its Operations in Gulf of Mexico
Business & Finance

USA: Silvermere Provides Update on Its Operations in Gulf of Mexico

Silvermere Energy plc, the independent oil and gas company focused principally on appraisal and production opportunities in the US, announces further progress with the tie-in of the I-1 well in its Mustang Island 818-L Field. This is based on information provided by the Operator, Dominion Production

about 14 years ago
Tap Oil to Begin Thailand Drilling Campaign Next Week
Business & Finance

Tap Oil to Begin Thailand Drilling Campaign Next Week

Tap Oil Limited (Tap) announces details of the exploration prospects to be drilled in the upcoming Gulf of Thailand drilling campaign commencing as early as next week. Three exploration wells are expected to be drilled in the 2012 program: two wells in the G1/48 concession, Northern Kra Basin and on

about 14 years ago
New Zealand: Underwater Steel Cutting to Begin on Rena
Business & Finance

New Zealand: Underwater Steel Cutting to Begin on Rena

Steel removal operation from the Rena wreck is entering the next stage, namely underwater steel cutting. As confirmed by the Salvage Master for Resolve Salvage and Fire, Francis Leckey: ” the positive helicopter progress now allows Resolve to focus on getting divers into the water to begin the next

about 14 years ago
New Zealand: Steel Removal from Rena Wreck Continues
Business & Finance

New Zealand: Steel Removal from Rena Wreck Continues

Steel removal from the Rena wreck continues with daily helicopter operations using McDermott Aviation Bell 214 heavy lift helicopter. The total steel weight landed ashore is now more than 650 tonnes. Salvage (Resolve Salvage & Fire) The Salvage Master for Resolve Salvage and Fire, Francis Leckey, sa

about 14 years ago
Brazil: Petrobras CEO, UK Prime Minister Discuss Cooperation Opportunities
Business & Finance

Brazil: Petrobras CEO, UK Prime Minister Discuss Cooperation Opportunities

This Thursday Petrobras’ CEO, Maria das Graças Silva Foster, welcomed United Kingdom Prime Minister, David Cameron, to the Company’s main office building in Rio de Janeiro. The aim of the visit, which also included a delegation of British businessmen, was to discuss possible opportunities for busine

about 14 years ago
Brazil: Petrobras Charters Two LNG Carriers Owned by Excelerate Energy
Business & Finance

Brazil: Petrobras Charters Two LNG Carriers Owned by Excelerate Energy

Petrobras has just chartered two vessels, Excalibur and Excelsior, to transport and storage Liquefied Natural Gas (LNG). Each vessel has a storing capacity of 138,000 m³, equivalent to 276,000 m³ liquefied natural gas (165.6 million m3 LNG after regasification). This volume is sufficient to meet the

about 14 years ago
China: Van Oord’s Stingray Named
Business & Finance

China: Van Oord’s Stingray Named

Today Van Oord’s first shallow water pipe lay vessel Stingray was named at the COSCO shipyard in Nantong, China. The naming ceremony was performed by Mrs A. Athmer-Albersen, wife of Managing Director Offshore, Mr J.B.E.M. Athmer. Stingray is designed in accordance with the highest quality and safety

about 14 years ago
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