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Business & Finance

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CNPC Puts Its First Jack-Up Drilling Rig into Service (China)
Business & Finance

CNPC Puts Its First Jack-Up Drilling Rig into Service (China)

On September 24, the first CNPC made jack-up drilling rig CP-300 was brought into use at the Bohai Bay’s new Panjin Port, Liaoning Province. CNPC Vice President Li Xinhua attended the delivery ceremony and cut the cable. CP-300 jack-up rig, independently designed and manufactured by CNPC Bohai Equip

about 14 years ago
USA: Incident Occurs on Ship Shoal 233 B Platform in Gulf of Mexico
Business & Finance

USA: Incident Occurs on Ship Shoal 233 B Platform in Gulf of Mexico

W&T Offshore, Inc. reports that at about 10:00 a.m. yesterday morning, a fire started on its Ship Shoal 233 B Platform and was subsequently extinguished at 11:35 a.m. This production processing facility, which is operated by the Company, is located approximately 30 miles south of Louisiana in the Gu

about 14 years ago
Malaysia: SILK Holdings Adds Two AHTS Vessels to Its Fleet
Business & Finance

Malaysia: SILK Holdings Adds Two AHTS Vessels to Its Fleet

SILK Holdings Berhad (SILK Holdings), via its 70% owned subsidiary Jasa Merin Sdn Bhd (“Jasa Merin”), have inked a sale and purchase agreement to acquire 2 Anchor Handling Tug Supply (“AHTS”) vessels, IDS Darul Ehsan and IDS Darussalam. IDS Darul Ehsan and IDS Darussalam are 70-metre 120-tonne bolla

about 14 years ago
USA: EPA Finalizes Evor Phillips Cleanup Plan
Business & Finance

USA: EPA Finalizes Evor Phillips Cleanup Plan

The U.S. Environmental Protection Agency has finalized its plan to clean up contaminated ground water at the Evor Phillips Leasing Company Superfund site, a six-acre site in an industrial area of Old Bridge Township, New Jersey. Past industrial activities contaminated the ground water with volatile

about 14 years ago
Polar Duke Acquires Multi-Client 3D Seismic Survey Offshore Lebanon
Business & Finance

Polar Duke Acquires Multi-Client 3D Seismic Survey Offshore Lebanon

Dolphin Geophysical using its High Capacity 3D vessel, the Polar Duke is acquiring a new, long offset high resolution Multi-Client 3D seismic survey in the Levantine Basin offshore Lebanon. This project is in cooperation with Spectrum who has an exclusive contract with the Ministry of Energy and Wat

about 14 years ago
Snam and Fluxys Finalize Acquisition of E.ON’s Stake in Interconnector (UK)
Business & Finance

Snam and Fluxys Finalize Acquisition of E.ON’s Stake in Interconnector (UK)

Snam and Fluxys have closed the transaction to acquire E.ON’s stake in Interconnector UK, owner and operator of the subsea gas pipeline between the UK and Belgium. The acquisition is a new step forward in the joint approach of Fluxys and Snam to actively promote further integration of gas markets in

about 14 years ago
Norway: IOS InterMoor Signs Five-Year Contract with ExxonMobil
Business & Finance

Norway: IOS InterMoor Signs Five-Year Contract with ExxonMobil

IOS InterMoor AS, an Acteon company, has signed a framework agreement with ExxonMobil Exploration & Production Norway AS to provide engineering services and equipment offshore Norway. The contract will run for five years with the option of three one-year extensions. The contract work scope includes

about 14 years ago
Tocardo Starts Manufacture of Free-Flow Water Turbines for Nepal and Japan
Business & Finance

Tocardo Starts Manufacture of Free-Flow Water Turbines for Nepal and Japan

Tocardo International, the leading producer of free-flow turbines, has commenced the manufacture of six free-flow water turbines for installation in Nepal and Japan. This follows the partnership agreements announced in March to supply 8MW of bi-directional turbine power over a three-year period to J

about 14 years ago
Managing GM Xu Lirong Attends 2012 World Shipping Annual in Xiamen, China
Business & Finance

Managing GM Xu Lirong Attends 2012 World Shipping Annual in Xiamen, China

At the meeting, Managing GM Xu Lirong delivered a speech under the title of “ strategic cooperation and cooperative development in the reverse shipping market”, calling on all the shipping companies to cooperate with other parties in the fields of fleet construction, strategy of the enterprises, ris

about 14 years ago
Malaysia: SILK Acquires Two AHTS Vessels from MEMB
Business & Finance

Malaysia: SILK Acquires Two AHTS Vessels from MEMB

SILK Holdings Bhd (“SILK”) announces that its subsidiary, Jasa Merin (Malaysia) Sdn Bhd (“Jasa Merin”), has entered into two separate Memorandum of Agreement on 26 September 2012 to acquire two units of 120 Ton Bollard Pull DP2 Anchor Handling Tug Supply vessels, each from Muhibbah Engineering Berha

about 14 years ago
Cargotec: New Development Centre at Pier 4 (The Netherlands)
Business & Finance

Cargotec: New Development Centre at Pier 4 (The Netherlands)

The construction started this week on a new building for Cargotec Netherlands at Pier 4, Port of Rotterdam. The business is currently still located on the Maashaven. The new office building will house around 150 workers and has a surface area of 3,500 square metres. It is due to be completed by the

about 14 years ago
Polar Duke Conducts Multi-Client 3D Seismic Survey in Levantine Basin, Lebanon
Business & Finance

Polar Duke Conducts Multi-Client 3D Seismic Survey in Levantine Basin, Lebanon

Dolphin Geophysical using its High Capacity 3D vessel, the Polar Duke is acquiring a new, long offset high resolution Multi-Client 3D seismic survey in the Levantine Basin offshore Lebanon. This project is in cooperation with Spectrum who has an exclusive contract with the Ministry of Energy and Wat

about 14 years ago
Cargotec Reinforces Offshore Presence in Asia
Business & Finance

Cargotec Reinforces Offshore Presence in Asia

The partnership agreement between Cargotec and Dongnam Marine Crane Co Ltd (DMC) has now been expanded to cover the manufacture of MacGregor offshore cranes. Signed at the end of last year, the partnership agreement originally covered the manufacture of MacGregor cargo handling cranes for South Kore

about 14 years ago
Cargotec Reinforces Its Presence in Asia with New Orders
Business & Finance

Cargotec Reinforces Its Presence in Asia with New Orders

The partnership agreement between Cargotec and Dongnam Marine Crane Co Ltd (DMC) has now been expanded to cover the manufacture of MacGregor offshore cranes. Signed at the end of last year, the partnership agreement originally covered the manufacture of MacGregor cargo handling cranes for South Kore

about 14 years ago
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