Novorossiysk Commercial Sea Port Group (“NCSP Group” or the “Group”) announces that on 6 August 2012 its Board of Directors has approved leasing contracts for seven new cranes. The two LIEBHERR LHM 550 mobile harbour cranes have a lifting capacity of 124 tones and are planned to be used for containe
GulfMark Americas, Inc. has selected BAE Systems’ shipyard in Mobile, Alabama to build two new platform supply vessels that will serve offshore drilling operations. The contract reflects continued growth in U.S. commercial shipbuilding for BAE Systems and a major step forward in the company’s suppor
GulfMark Americas, Inc. has selected BAE Systems’ shipyard in Mobile, Alabama to build two new platform supply vessels that will serve offshore drilling operations. The contract reflects continued growth in U.S. commercial shipbuilding for BAE Systems and a major step forward in the company’s suppor
As a global market leader for dredging and wet mining vessels and equipment, and a reliable supplier of custom-built ships and products for offshore construction, IHC Merwede will be among the leading exhibitors at SMM 2012. The biennial international trade fair for Shipbuilding, Machinery & Marine
As a global market leader for dredging and wet mining vessels and equipment, and a reliable supplier of custom-built ships and products for offshore construction, IHC Merwede will be among the leading exhibitors at SMM 2012. The biennial international trade fair for Shipbuilding, Machinery & Marine
KfW IPEX-Bank is participating with EUR 50 million in the financing of a research project by Tognum AG, one of the leading suppliers of propulsion and power generation systems. The remainder of the EUR 400 million project is financed by Tognum itself and by the European Investment Bank (EIB). The fu
As a global market leader for dredging and wet mining vessels and equipment, and a reliable supplier of custom-built ships and products for offshore construction, IHC Merwede will be among the leading exhibitors at SMM 2012. The biennial international trade fair for Shipbuilding, Machinery & Marine
National Oilwell Varco, Inc. and Robbins & Myers have entered into an agreement under which National Oilwell Varco will acquire Robbins & Myers, Inc. (NYSE:RBN) in an all cash transaction that values Robbins & Myers at approximately $2.5 billion. Under the agreement, Robbins & Myers’ shareholders wi
Panoro Energy ASA, the independent oil and gas company with assets in West Africa and Brazil, has announced that the operator has secured the use of a semi-submersible drilling unit, to drill the Tortue prospect on the Dussafu Marin Permit, offshore Gabon. The drilling unit, the Scarabeo 3, is owned
Following the recommendation from the Board of Directors of the Panama Canal Authority (ACP), the Cabinet Council of the Government of the Republic of Panama approved yesterday the proposal to restructure the Panama Canal’s pricing system. “The new tolls structure was conceived in accordance with th
DNV’s summer students yesterday presented the results of seven weeks of intense and targeted work to develop a realistic and suitable concept for a year-round Arctic oil spill response system, including requirements for people, vessels and equipment. DNV’s summer project is an annual programme organ
CYGAM Energy Inc. , an emerging oil and gas company with interests in Tunisia and Italy, has announced the following update regarding the current drilling moratorium offshore Italy. The Italian government published Legislative Decree 83/2012 (the “Decree”) on June 26, 2012 in the Italian Official Ga
Dipl.-Wirt.-Ing. (FH) Willi Balz, Windreich AG, is the second largest shareholder of Fuhrländer AG with headquarters in Liebenscheid (Siegerland), and welcomes the change of ownership of Germany’s oldest wind turbine manufacturer and emphasis: The new owner structure ensures the future of the tradit
Canadian firm Nautilus Minerals has been awarded a 20-year licence by Papua New Guinea’s Government to begin deep sea mining within the Solwara 1 project. As The Guardian reports, Nautilus will mine an area of 1.6km beneath the Bismarck Sea, 50km off the coast of the PNG island of New Britain. The l