Italy’s Eni has signed an agreement with the Indian company Essar for the acquisition of 50% and the operatorship of exploration block 114, located offshore in Vietnam’s Song Hong Basin. The exploration activities in the newly acquired block include the acquisition of a 3D seismic survey and the dri
Arctic offshore vessel NB-506 was launched at Helsinki Shipyard on Saturday 30 June 2012. The hull assembly of sister vessel will start in the beginning of July, after the launch. Arctech is building the vessels for Russian shipping corporation Sovcomflot and they will supply the Arkutun-Dagi oil an
With congressional passage today of MAP-21 (Moving Ahead for Progress in the 21st Century), the American Association of Port Authorities (AAPA) says elements in the two-year, $105 billion surface transportation reauthorization bill elevate the priority of freight movement in a way that constitutes m
Royal Haskoning and DHV announce they have officially merged and will now be known as Royal HaskoningDHV. The company, headquartered in Amersfoort, the Netherlands, is one of Europe’s leading project management, engineering and consultancy service providers, ranking globally in the top 10 of indepen
A ‘Notice of Discovery and its Commerciality’ for the Absheron discovery was submitted on June, 1 on behalf of the partnership Socar – Total – GDF Suez by operator Total E&P Absheron. The step is described as “an important milestone in the frame work of the Agreement on Exploration, Development and
New Western Marine Ship Builders Ltd has laid keels of 1X 60 Ton BP tugboat and 1X1000MT carrying capacity water supply vessel in the shipyard premises at Patiya in Chittagong, on 28 June 2012. This project is a milestone for the shipyard because Western Marine has made its century by laying the 100
ShawCor Ltd. on Friday announced that its pipecoating division, Bredero Shaw, has received a contract with a value in excess of US$100 million from McDermott Australia Pty. Ltd. to provide pipeline coatings and related products and services for the flowlines and tie-in spools for the Ichthys LNG Pro
Exploration well 2/4-21 drilled by the jack-up rig Maersk Gallant in production licences 146 and 333, has proven a 48-metre gas/condensate column in the main bore 2/4-21 and an additional 70-metre gas/condensate column in the side-track 2/4-21A. Statoil estimates the total volumes in King Lear to be
Seaborn Networks, the developer and operator of the first direct submarine cable between the United States and Sao Paulo, Brazil, announced that Marc Aron has been named General Counsel and Senior Vice President, Corporate Development. Marc most recently served as Assistant General Counsel of Global
Arctic offshore vessel NB-506 was launched at Helsinki Shipyard on Saturday 30 June 2012. The hull assembly of sister vessel will start in the beginning of July, after the launch. Arctech is building the vessels for Russian shipping corporation Sovcomflot and they will supply the Arkutun-Dagi oil an
Statoil has made a significant gas and condensate discovery in the King Lear prospect in the southern part of the Norwegian North Sea along with its partner Total E&P Norge. Exploration well 2/4-21 drilled by the jack-up rig Maersk Gallant in production licences 146 and 333, has proven a 48-metre ga
Mitsubishi Heavy Industries, Ltd. (MHI) has signed an agreement with Mitsui O.S.K. Lines, Ltd. to build a “Sayaendo” series new-generation liquefied natural gas (LNG) carrier. The ship offers significantly improved fuel consumption and maintainability through various features including enhanced ship
Karoon Gas Australia Ltd advises that at 06:00 hours (WST) today, mechanical repair of the Blowout Preventers (“BOP”) was being undertaken. Upon completion of the repairs, the BOP and marine riser will be re-run to the sea floor to allow drilling of the 8-1/2” hole section to proceed. Since the last
IHC Merwede has successfully named and launched the self-propelled cutter suction dredger, ARTEMIS, in a ceremony on 30 June 2012 at its shipyard in Sliedrecht, The Netherlands. The ARTEMIS, which is being manufactured for Van Oord, is one of the largest cutter suction dredgers ever built in The Net
