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Business & Finance

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USA: GLDD Presents at Imperial Capital Conference
Business & Finance

USA: GLDD Presents at Imperial Capital Conference

Great Lakes Dredge & Dock Corporation announced Jonathan W. Berger, Chief Executive Officer, and Bill Steckel, Senior Vice President and Chief Financial Officer, will be presenting at the Imperial Capital 6th Annual Global Opportunities Conference in New York on Thursday, September 20, 2012. The pre

about 14 years ago
Officials: Morganza Delays Beyond Frustrating (USA)
Business & Finance

Officials: Morganza Delays Beyond Frustrating (USA)

U.S. Sen. David Vitter met with Lieutenant General Tom Bostick, Commanding General of the U.S. Army Corps of Engineers yesterday, to discuss repeated delays and a path forward on the Morganza to the Gulf hurricane protection project for Terrebonne and Lafourche Parishes. Terrebonne and Lafourche par

about 14 years ago
Coastal Strikes Net Pay Offshore Thailand
Business & Finance

Coastal Strikes Net Pay Offshore Thailand

Coastal Energy Company on Monday announced the successful results of the Songkhla A-10 well in the Gulf of Thailand.

about 14 years ago
Public Will Help Identify Seafloor Life and Habitats (USA)
Business & Finance

Public Will Help Identify Seafloor Life and Habitats (USA)

The public is invited to help identify objects they see in images of the seafloor through a new interactive website called “Seafloor Explorer.” The result of a unique collaboration between oceanographers studying seafloor habitats, Web programmers and social scientists, Seafloor Explorer launches to

about 14 years ago
GE, AASTMT Celebrate Opening of DP Vessel-Control Simulator in Egypt
Business & Finance

GE, AASTMT Celebrate Opening of DP Vessel-Control Simulator in Egypt

GE Energy Management’s Power Conversion business and the Arab Academy of Science, Technology & Marine Transport (AASTMT) has this week celebrated the opening of a jointly developed, dynamic positioning (DP) vessel-control simulator in northern Egypt to address the demand for trained workers in the E

about 14 years ago
USA: Carlson Introduces MC Pro Vx5 3D Machine Control Sensor
Business & Finance

USA: Carlson Introduces MC Pro Vx5 3D Machine Control Sensor

The Carlson Machine Control has introduced the new MC Pro Vx5 3D machine control sensor. Combine it with Carlson Machine Control’s CBx5 Control Box Console, the next generation, ruggedized, touch-screen control box, and get true simplicity of operation, installation and portability. Both are availab

about 14 years ago
ASL Marine Incorporates New Subsidiary (Singapore)
Business & Finance

ASL Marine Incorporates New Subsidiary (Singapore)

The Board of Directors of ASL Marine Holdings Ltd. announced the incorporation of a wholly-owned subsidiary, Intan OSV Pte. Ltd. (“IOSV”) in Singapore. IOSV will be principally involved in ship management and ship agency services. It has an issued and paid-up share capital of S$50,000 comprising 50,

about 14 years ago
ExxonMobil’s Gerry Borghesi Is Keynote Speaker at Decommissioning Conference (UK)
Business & Finance

ExxonMobil’s Gerry Borghesi Is Keynote Speaker at Decommissioning Conference (UK)

Oil & Gas UK and Decom North Sea, co-organisers of the Offshore Decommissioning Conference, have confirmed that this year’s keynote speaker will be Gerry Borghesi, UK/Netherlands Production Manager for ExxonMobil International. Only a few places now remain for the two-day event ,sponsored by Ernst &

about 14 years ago
DFDS Cancels Orders for Two Ro-Ro Vessels from German Shipyard
Business & Finance

DFDS Cancels Orders for Two Ro-Ro Vessels from German Shipyard

Today, DFDS has cancelled the contracts with the German shipyard P+S Werften GmbH, Stralsund, concerning the construction of two freight ships (ro-ro) ordered in November 2010. The contracts are cancelled on account of the shipyard’s breach of several terms of the contracts. Thereby, DFDS’ investmen

about 14 years ago
UK Decom Expenditure to Exceed £3.3 Bln Over Next 4 Years
Business & Finance

UK Decom Expenditure to Exceed £3.3 Bln Over Next 4 Years

Oil & Gas UK and Decom North Sea, co-organisers of the Offshore Decommissioning Conference, have confirmed that this year’s keynote speaker will be Gerry Borghesi, UK/Netherlands Production Manager for ExxonMobil International. Only a few places now remain for the two-day event ,sponsored by Ernst &

about 14 years ago
Norway: BP Sells Its Interest in Draugen to Shell
Business & Finance

Norway: BP Sells Its Interest in Draugen to Shell

BP announced today that it has agreed to sell its 18.36 per cent non-operated interest in the Draugen field in the Norwegian Sea to AS Norske Shell for $240 million in cash. The agreement is a further example of BP’s active management of its portfolio in the North Sea, focusing investment on high va

about 14 years ago
Inchcape Shipping Services Opens Ten New Offices in India
Business & Finance

Inchcape Shipping Services Opens Ten New Offices in India

Inchcape Shipping Services (ISS), the world’s leading maritime services provider, has opened 10 new offices in India. Based inland, the offices in Ludhiana; Jaipur; Jodhpur; Nagpur; Kanpur; Ahmedabad; Vadodara; Indore; Hyderabad and Bengaluru, result from a significant increase in business with Hapa

about 14 years ago
BP Sells Draugen Stake to Shell for $240 Mln (Norway)
Business & Finance

BP Sells Draugen Stake to Shell for $240 Mln (Norway)

BP announced today that it has agreed to sell its 18.36 per cent non-operated interest in the Draugen field in the Norwegian Sea to AS Norske Shell for $240 million in cash. The agreement is a further example of BP’s active management of its portfolio in the North Sea, focusing investment on high va

about 14 years ago
Norway: Statoil to Order New FSU Unit from Samsung Heavy
Business & Finance

Norway: Statoil to Order New FSU Unit from Samsung Heavy

Statoil has, on behalf of the licence owners, issued a letter of intent to Samsung Heavy Industries for construction of a new permanent floating storage unit (FSU) for the Heidrun field in the Norwegian Sea. The contract is worth an estimated USD 230 million and includes options to buy two additiona

about 14 years ago
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