Pacific Crossing, a Japanese company that owns an underwater fiberoptic telecommunications cable that connects the U.S. to Asia, is opposing the proposed tidal power installation near Whidbey Island, Puget Sound, USA. According to OPB News, the Japanese company that owns a fiberoptic cable that pass
Coastal announces that its wholly-owned subsidiaries have secured contracts for the sale of one unit 300 Men Accommodation Work Barge, one unit Anchor Handling Tug Supply and two units low-end vessels for an aggregate value of approximately RM141 million. Including the new contracts and after adjust
JMS Naval Architects (JMS) of Mystic, CT has completed the contract design for a Fisheries Research Vessel for the U.S. Geological Survey’s Great Lakes Science Center. The FRV GRAYLING will replace the existing R/V GRAYLING and will be a member of a 5 vessel fleet owned and operated by the Great Lak
Malaysia’s Coastal Contracts has secured contracts for the sale of an Accommodation Work Barge, an Anchor Handling Tug Supply vessel and two low-end vessels for a total value of RM141 million ($45.1 million). All the vessels, except for the AHTS, have been sold to new clients from Singapore. “We are
Released in August 2012, The CSL Group’s 2011 Environmental Report chronicles the significant strides made by the company in the past year to improve its overall environmental performance. In addition to reporting on key performance indicators, measures and goals, the report highlights a number of i
The first of 160 steel foundations that will make up Gwynt y Môr, one of Europe’s largest offshore wind farms has been successfully installed off the north Wales coast. The achievement has been celebrated by RWE npower renewables, which is constructing the wind farm over the next two years, to gener
Ithaca Energy Inc. announces that operations at the Hurricane appraisal well, 29/10b-8, which lies within the Company’s Greater Stella Area in the UK sector of the Central North Sea are now proceeding to a Drill Stem Test (“DST”). The well has been drilled to a total measured depth of 10,779 feet to
Munich Re and Allianz, German insurance companies, declined to comment on a newspaper report which says that they were considering buying power grid from TenneT, one of Germany’s transmission system operators. Reuter informs that Munich Re stated that it could not confirm the alleged interest, while
Munich Re and Allianz, German insurance companies, declined to comment on a newspaper report which says that they were considering buying power grid from TenneT, one of Germany’s transmission system operators. Reuter informs that Munich Re stated that it could not confirm the alleged interest, while
OSX Brasil S.A. announces that TUPI B.V., a subsidiary of Petróleo Brasileiro S/A, has hired OSX Construção Naval S.A., a subsidiary of OSX Brasil S.A., for the integration of two FPSO units (Floating, Production, Storage and Offloading), P-67 and P-70, with an additional option to hire OSX to integ
STX OSV Holdings Limited, a major global designer and shipbuilder of offshore and specialized vessels headquartered in Norway, announces its results for the second quarter and first half ended 30 June 2012. Financial and Operating Review STX OSV generated revenue of NOK 3,337 million for 2Q 2012, re
Havyard Group is going to deliver a Havyard 587 design for Fosnavaag Shipping with an option for one further delivery. The design is being described as the wellboat of the future. Fosnavaag Shipping already owns the wellboats “Viktoria Viking” (1000 m3), “Viktoria Lady” (1000 m3) and “Gripfisk” (600
Statoil has farmed down a 25% working interest in its operated exploration licence offshore Mozambique to Tullow Oil plc (Tullow). The licence, which consists of two blocks under one licence agreement is located in area 2 and 5 offshore Mozambique in the Rovuma basin. “The farm-down reflects the att
The port of Rotterdam will receive EUR 5 million from the EU programme for the Trans-European Transport Network (TEN-T) for a rail terminal and inland shipping cranes at the new container terminals on Maasvlakte 2. Brussels is also providing EUR 300,000 for a study into a new rail corridor between R
