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Business & Finance

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Malaysia: Coastal Secures Major Vessel Sale
Business & Finance

Malaysia: Coastal Secures Major Vessel Sale

Coastal Contracts Bhd today announced that its wholly-owned subsidiaries, Coastal Offshore (Labuan) Pte Ltd and Thaumas Marine Ltd, have collectively secured contracts for the sale of two units Anchor Handling Tug Supply (“AHTS”) and one unit Subsea Support Vessel (“SSV”) for an aggregate value of a

about 14 years ago
USA: Bollinger to Receive Funding for Construction of Six FRCs
Business & Finance

USA: Bollinger to Receive Funding for Construction of Six FRCs

U.S. Senator Mary L. Landrieu, D-La., chair of the Homeland Security Appropriations Subcommittee, announced $250 million for Bollinger Shipyards in Lockport, La., to build six Fast Response Cutters (FRCs) for the Coast Guard. Sen. Landrieu included funding for these vessels in the FY 2012 federal sp

about 14 years ago
Iranian Minister of Petroleum Announces Development of 3 New Oil & Gas Fields
Business & Finance

Iranian Minister of Petroleum Announces Development of 3 New Oil & Gas Fields

Deputy minister of petroleum for planning and supervision on hydrocarbon resources says development contracts of 3 oil and gas fields, worth about 7 billion dollars, will be signed in near future. Speaking in a regular meeting of high ranking oil industry managers with media representatives, Mohsen

about 14 years ago
Malaysia: Coastal Contracts Announces Sale of Vessels
Business & Finance

Malaysia: Coastal Contracts Announces Sale of Vessels

On September 20, 2012, Coastal Contracts Bhd announced that its wholly-owned subsidiaries, Coastal Offshore (Labuan) Pte Ltd and Thaumas Marine Ltd, have collectively secure contracts for the sale of two units Anchor Handling Tug Supply (“AHTS”) and one unit Subsea Support Vessel (“SSV”) for an aggr

about 14 years ago
Hydrographic Survey Kicks-Off at Beypore Port, India
Business & Finance

Hydrographic Survey Kicks-Off at Beypore Port, India

A pre-dredging hydrographic survey at the Beypore Port has officially begun, according to indiatimes.com. This project is being carried out by the hydrographic wing of the Kerala Ports. The Kerala State Maritime Development Corporation hopes to commence dredging by the first week of October. “The dr

about 14 years ago
Qatar: NDSQ Launches First LOR Barge
Business & Finance

Qatar: NDSQ Launches First LOR Barge

Nakilat Damen Shipyards Qatar (NDSQ) has successfully launched its monumental first project, the 140m Load Out/Recovery (LOR) Barge at Erhama Bin Jaber Al Jalahma Shipyard in the Port of Ras Laffan, Qatar. The 6,500-tonne LOR Barge was constructed entirely at Erhama Bin Jaber Al Jalahma Shipyard and

about 14 years ago
Atwood Mako Rig Spuds First Well in Gulf of Thailand
Business & Finance

Atwood Mako Rig Spuds First Well in Gulf of Thailand

Salamander Energy plc announces that the Atwood Mako jack up rig (the “Mako”) has arrived on location and commenced development drilling from the Bualuang Alpha platform on the Group’s B8/38 licence in the Gulf of Thailand. The Mako is on long term contract, and will initially complete a short devel

about 14 years ago
Deltares: New Managing Director (The Netherlands)
Business & Finance

Deltares: New Managing Director (The Netherlands)

Maarten Smits (51) will take up his position as the new managing director of Deltares, the research institute for water, subsurface and infrastructure, with effect from 1 December 2012. He will succeed Harry Baayen, who will be retiring effective the same date. The new managing director describes De

about 14 years ago
NCE Subsea, ONIP Sign MoU (Brazil)
Business & Finance

NCE Subsea, ONIP Sign MoU (Brazil)

NCE Subsea acknowledge the vast market opportunities for Norwegian companies in Brazil, urging Norwegian companies to investigate their potential in the world’s fastest growing market. They have signed a Memorandum of Understanding with the Brazilian National Organization of the Petroleum Industry.

about 14 years ago
Alfa Laval – Environmental Regulations Call for Sustainable Solutions (Sweden)
Business & Finance

Alfa Laval – Environmental Regulations Call for Sustainable Solutions (Sweden)

Global marine supplier Alfa Laval now offers a set of sustainable solutions designed to help ship owners and operators comply with current and pending environmental regulations. Grouped under the conceptual name “Pure thinking”, the products will provide security as existing legislation is tightened

about 14 years ago
Karoon: Wireline Logs Acquired in Boreas-1 Well (Australia)
Business & Finance

Karoon: Wireline Logs Acquired in Boreas-1 Well (Australia)

At 06:00 hrs WST, Karoon advises that wireline logs were being acquired in the Boreas-1 well. Since the last report, 108 metres of core was cut and recovered to surface, and the well was drilled to its total depth. Wireline logging will include pressure testing and sampling programs in order to conf

about 14 years ago
USA: Lincklaen Cleanup Project About to Begin
Business & Finance

USA: Lincklaen Cleanup Project About to Begin

The U.S. Environmental Protection Agency announced that a $10 million cleanup of contaminated soil will begin in mid- to late September at the Solvent Savers Superfund site, a chemical waste recovery facility, in Lincklaen in Chenango County, New York. Soil and ground water on the site were contamin

about 14 years ago
USA: Manson Nabs Sabine-Neches Dredging Contract
Business & Finance

USA: Manson Nabs Sabine-Neches Dredging Contract

The U.S. Army Corps of Engineers Galveston District awarded a contract to Manson Construction Co., in the amount of $8,758,350, for maintenance dredging of the Sabine-Neches Waterway, Port Arthur Canal, turning basin, junction area and Taylors Bayou in Jefferson and Orange counties, Texas, and Camer

about 14 years ago
Ghana: Parliament Approves Funds for Dredging Works at Takoradi Port
Business & Finance

Ghana: Parliament Approves Funds for Dredging Works at Takoradi Port

Parliament has approved a credit facility agreement for an amount of €197 million to finance the design, civil and dredging works at the Takoradi port. The agreement which is between the Ghana Ports and Harbors Authority (GPHA) with the government of Ghana as guarantor and the KBC bank NV, Belfius B

about 14 years ago
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