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Business & Finance

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Scottish Sea Farms Extends Contracts for Two Solvtrans’ Wellboats
Business & Finance

Scottish Sea Farms Extends Contracts for Two Solvtrans’ Wellboats

Scottish Sea Farms has declared options to extend the contracts for Sølvtrans’ wellboats Ronja Skye and Ronja Settler for one year. The extentions are valid from 1 January 2013. After this, Scottish Sea Farms has options for further one year extentions for both vessels. Sølvtrans Holding ASA is a we

about 14 years ago
MOG Needs Partner for Maltese Offshore Well
Business & Finance

MOG Needs Partner for Maltese Offshore Well

Mediterranean Oil & Gas Plc has announced that the Maltese Minister for Resources and Rural Affairs has approved the transfer of the 10% interest Leni Gas and Oil Investments Limited (“LGOI”) held in the Malta Offshore Area 4 PSC to Phoenicia Energy Company Limited (“PECL”), a 100% owned subsidiary

about 14 years ago
Major Discovery for India’s ONGC
Business & Finance

Major Discovery for India’s ONGC

India’s ONGC, one of the largest Asia-based oil and gas exploration and production companies, has announced that it may have discovered third largest field in India’s Western Offshore Basin. While carrying out development drilling in D1 Field, ONGC discovered a new pool of reserves which may catapul

about 14 years ago
China: ZPMC Wins Largest-Ever Port Equipment Order
Business & Finance

China: ZPMC Wins Largest-Ever Port Equipment Order

Recently, ZPMC has won the bid for the project involving 35 shore bridges for the Port of Singapore under the Port of Singapore Authority (PSA). This is the largest-ever port equipment order signed by ZPMC. Under the contract, PSA will purchase 35 shore bridges from ZPMC by batch in September, Octob

about 14 years ago
STX Finland Launches New Eco-Friendly Cruise Ferry MS Viking Grace
Business & Finance

STX Finland Launches New Eco-Friendly Cruise Ferry MS Viking Grace

The float-out of M/S Viking Grace, an environmentally friendly new generation cruise ferry, being built for Viking Line was performed at STX Turku Shipyard on Friday 10 August 2012. At the beginning of the event, the invited guests had an opportunity to visit the dry dock floor and see the ship from

about 14 years ago
USA: New York Starts Seafloor Mapping Project of Long Island Sound
Business & Finance

USA: New York Starts Seafloor Mapping Project of Long Island Sound

Public officials, scientists and the public will have the opportunity to tour a research vessel that will map the bottom of Long Island Sound, New York State Department of Environmental Conservation (DEC) today announced. The vessel will be used as part of an effort to gather information and data on

about 14 years ago
New Navigation System Adds to SCI’s Simulators (USA)
Business & Finance

New Navigation System Adds to SCI’s Simulators (USA)

Many of today’s commercial vessels benefit from having an Electronic Charting System, or ECS, on board. These systems help mariners make critical decisions regarding the safety of their crew, cargo and environment. Now, thanks to a collaboration with Rose Point Navigation Systems, these mariners wil

about 14 years ago
Taiwan’s National Science Council to Invest in Wave Project
Business & Finance

Taiwan’s National Science Council to Invest in Wave Project

Within the next few years, Taiwan’s National Science Council is planning to harness the power of Kuroshio Current, writes DigiTimes news site. The Council has conducted a research in 2011, after which they have decided to invest around USD 100 million in a 30MW tidal wave project. After its completi

about 14 years ago
New Vessels and Charters for Topaz (UAE)
Business & Finance

New Vessels and Charters for Topaz (UAE)

Renaissance Subsidiary, Topaz signs over $65 million of new charters and announces the acquisition of two AHTS.

about 14 years ago
Petrobras to Charter and Operate Nine Drillships (Brazil)
Business & Finance

Petrobras to Charter and Operate Nine Drillships (Brazil)

Petrobras has signed contracts with Sete Brasil, Odebrecht and Etesco to charter and operate nine drillships. They are to be built in Brazil, with local content (Brazilian goods and services) of 55-65%. After construction, the rigs will be chartered by Petrobras for 15 years. This is the final phase

about 14 years ago
German Ministers Visit Mittelplate
Business & Finance

German Ministers Visit Mittelplate

Germany’s Federal Minister for Economic Affairs, Dr Philipp Rösler, and the Minister for Economic Affairs of the German federal state of Lower Saxony, Jörg Bode, on Friday, August 10, visited the Mittelplate Drilling and Production Island in the Wadden Sea tidelands of Schleswig-Holstein. Mittelplat

about 14 years ago
USA: Sierra Club Foundation Names New Member to Board of Directors
Business & Finance

USA: Sierra Club Foundation Names New Member to Board of Directors

The Sierra Club Foundation announced that Shirley Weese Young, Chicago graphic designer and land conservationist, is the newest member to join the Board of Directors. Young’s resolve to see Chicago become a leader in renewable energy and her commitment to the Sierra Club is inspirational. Passionate

about 14 years ago
Apache Begins Drilling Mbawa Prospect Offshore Kenya
Business & Finance

Apache Begins Drilling Mbawa Prospect Offshore Kenya

Origin Energy advises that L-8 operator Apache Corporation has, on behalf of the joint venture, commenced drilling the Mbawa Prospect in Kenya. The Mbawa 1 exploration well spudded at 6:00 hours local time on 10 August 2012. Origin will only advise the market again when well operations have been com

about 14 years ago
Norway: Eni Postpones Production Start-Up at Goliat Field
Business & Finance

Norway: Eni Postpones Production Start-Up at Goliat Field

By agreement with the partners in the Goliat licence, and due to the delay in the delivery of the production platform, Eni Norge has decided to postpone production start-up at the Goliat field until the third quarter of 2014. The Goliat field development is based on large turnkey contracts (EPC) for

about 14 years ago
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