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Business & Finance

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Finland: Germanischer Lloyd Approves Cargotec’s MacGregor Twistlock
Business & Finance

Finland: Germanischer Lloyd Approves Cargotec’s MacGregor Twistlock

Cargotec’s newly-approved fully-automatic MacGregor twistlock offers significant safety advantages and time-savings in port; shipowners appreciate these features and commercial references are growing. Through its MacGregor brand, Cargotec is building its international reputation, which is confirmed

about 14 years ago
Keppel to Build Jack-Up Rig for Teniz Burgylau (Kazakhstan)
Business & Finance

Keppel to Build Jack-Up Rig for Teniz Burgylau (Kazakhstan)

Keppel Kazakhstan LLP (Keppel Kazakhstan) and its consortium partner Ersai Caspian Contractor LLC, Kazakhstan (Ersai Caspian Contractor), have secured a contract from Teniz Burgylau LLP (Teniz Burgylau), an indirect wholly-owned subsidiary of JSC NC “KazMunayGas” (KazMunayGas) of Kazakhstan, for a K

about 14 years ago
Jersey Electricity to Resolve Cables Malfunction (France)
Business & Finance

Jersey Electricity to Resolve Cables Malfunction (France)

Jersey Electricity announces that the energy bills will rise in the future because of the malfunction of its two underwater cables. At the end of April there was an electrical fault which needs to be replaced on a section of the Channel Islands grid between Guernsey and Jersey. According to BBC News

about 14 years ago
Total Becomes Operator of Xerelete Oil Field Offshore Brazil
Business & Finance

Total Becomes Operator of Xerelete Oil Field Offshore Brazil

Total announces that it has become operator of the offshore Xerelete concession located in a promising area of Brazil’s Campos basin. The transfer of operatorship from Petrobras to Total follows a unanimous decision by the Xerelete partners and approval by the Brazilian authorities. Total and Petrob

about 14 years ago
Brazil’s Petrobras Completes Deck Mating on P-55 Platform
Business & Finance

Brazil’s Petrobras Completes Deck Mating on P-55 Platform

Petrobras carries out unprecedented deck mating operation at the Rio Grande Naval Hub. The maneuver involved a 17,000-tonne structure, the heaviest ever lifted in the world.

about 14 years ago
Denmark: World Marine Offshore Wins CTV Contract
Business & Finance

Denmark: World Marine Offshore Wins CTV Contract

World Marine Offshore has announced that it has been awarded one boat contract by Vattenfall, one of the Major Energy supplieres in Northen Europe, to provide Crew Transfer Vessels (CTV) to DanTysk Windpark. The Contract has been awarded for 19 Months with possible for extension. Vattenfall has chos

about 14 years ago
Inpex Surveys Darwin Harbour Channel Floor (Australia)
Business & Finance

Inpex Surveys Darwin Harbour Channel Floor (Australia)

As reported by ABC News, Inpex, an energy giant, in preparation for a dredging project in Darwin Harbour, will survey the harbour floor. Starting this week the survey will commence. Divers, survey boats as well as barges will begin the project in the channel area. Inpex needs the survey data to get

about 14 years ago
Origin Energy: Kupe Field Reserves Up (New Zealand)
Business & Finance

Origin Energy: Kupe Field Reserves Up (New Zealand)

Origin Energy Limited (Origin), as Operator of the Kupe Joint Venture, has announced that the initial proved and probable (2P) reserves in the Kupe field, located offshore New Zealand, have increased. Kupe’s initial 2P sales gas reserves have increased by 18.3%, LPG reserves by 22.8%, while light oi

about 14 years ago
Germany: Veripos Secures Contract Extension with E R Offshore
Business & Finance

Germany: Veripos Secures Contract Extension with E R Offshore

Veripos has been awarded a two-year extension on its GNSS positioning contract with E R Offshore GmbH, the subsidiary of the Hamburg-based shipping organisation E R Schiffahrt. The extended contract is to support ER Offshore’s fleet of eleven platform supply vessels (PSVs) and two anchor handling tu

about 14 years ago
T&TEC Resolves Cable Failure Between Trinidad and Tobago
Business & Finance

T&TEC Resolves Cable Failure Between Trinidad and Tobago

According to The Trinidad Express, The Trinidad and Tobago Electricity Commission (T&TEC) is trying to find a solution to its submarine cable failure between Trinidad and Tobago. T&TEC’s General Manager Kelvin Ramsook stated that a public tender was approved for the number two submarine cable. This

about 14 years ago
USA: Judge to Hear Savannah River Dredging Case
Business & Finance

USA: Judge to Hear Savannah River Dredging Case

According to patch.com, a federal court judge will hear a lawsuit on potential environmental harm posed by planned dredging of the Savannah River. Both South Carolina and Georgia are moving ahead with plans to deepen rival shipping channels as East Coast sea ports race to accommodate larger ships th

about 14 years ago
Germany: GE Improves Handling Speed of Container Cranes
Business & Finance

Germany: GE Improves Handling Speed of Container Cranes

GE has developed a new head block coupling system that enables double hoist ship-to-shore (STS) container cranes to handle different container weights rapidly and easily. Up to four containers with completely different nominal loads now can be handled simultaneously. In addition, the automatic coupl

about 14 years ago
NOAA Scientists to Study Lake Huron (USA)
Business & Finance

NOAA Scientists to Study Lake Huron (USA)

Visitors to Lake Huron this summer may have a unique opportunity to glimpse science in action. During July and September… [mappress] Source: NOAA, July 10, 2012; Image: NOAA

about 14 years ago
Lundin Begins Exploration Campaign Offshore Malaysia
Business & Finance

Lundin Begins Exploration Campaign Offshore Malaysia

Lundin Petroleum, a Sweden based oil and gas exploration and production company has kicked off its 2012 Malaysian drilling campaign with the spud of the Tiga Papan 5 well in the SB307 & SB308 Block offshore Sabah, East Malaysia. The well will target mid-Miocene aged sands of the Tiga Papan Unit prev

about 14 years ago
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