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China: Caterpillar Announces Xuzhou Expansion Plans
Business & Finance

China: Caterpillar Announces Xuzhou Expansion Plans

Caterpillar Inc. announced today a new expansion project for the company’s manufacturing facility in Xuzhou, China. Once completed in 2016, it will increase hydraulic excavator production at Caterpillar Xuzhou Limited (CXL) by an additional 80 percent. Caterpillar also announced plans today to begin

about 14 years ago
Russia: Meeting on Olya Seaport Development Issues
Business & Finance

Russia: Meeting on Olya Seaport Development Issues

FSUE “Rosmorport” general director A.V.Lavrishchev became a party to the joint meeting on the issues of Olya seaport development during his working trip to Astrakhan region. The meeting was originally initiated by the head of Rosmorrechflot A.A.Davydenko and the head of Astrakhan region goverment K.

about 14 years ago
Italy: Trans Adriatic Pipeline Submits ESIA to Gov’t
Business & Finance

Italy: Trans Adriatic Pipeline Submits ESIA to Gov’t

The Trans Adriatic Pipeline (TAP) has officially submitted its Environmental and Social Impact Assessment (ESIA) to the Ministry of Environment in Italy. The TAP project aims to deliver secure natural gas supplies from the Shah Deniz field in Azerbaijan to western Europe, transporting the gas via Gr

about 14 years ago
Fire on Board MT Stolt Valor Contained (Qatar)
Business & Finance

Fire on Board MT Stolt Valor Contained (Qatar)

Stolt Tankers B.V., a subsidiary of Stolt-Nielsen Limited and owner and operator of MT Stolt Valor, reported today that the fire on the ship has been contained. One crew member is still missing. The ship is under tow approximately 45 miles off the coast of Qatar. There has been no spillage of fuel o

about 14 years ago
No Limit Ships to Deliver Hydrographic Survey Vessel to Russian Customer
Business & Finance

No Limit Ships to Deliver Hydrographic Survey Vessel to Russian Customer

Last Monday No Limit Ships shipyards of the Netherlands succesfully launched building number 26. This Hydrographic Survey vessel is ordered by a Russian customer and will be delivered at her homeport Archangelsk around 1 May. No Limit Ships shipyards is builder of workboats upto 35 meters and specia

about 14 years ago
UK: A&P Yard Starts Strong in 2012 with Work in Progress on Five Vessels
Business & Finance

UK: A&P Yard Starts Strong in 2012 with Work in Progress on Five Vessels

A&P Tyne ship repair yard has made a good start to 2012 with a multi-million pound order book for the first quarter of the year. The Hebburn yard, which suffered a disappointing end to 2011 with the unexpected loss of an aircraft carrier contract, has bounced back and is now bustling with activity a

about 14 years ago
UK’s EnerMech to Open Seven New Offices in Asia Pacific
Business & Finance

UK’s EnerMech to Open Seven New Offices in Asia Pacific

EnerMech, the mechanical engineering company, has announced a major expansion in the Asia Pacific region, India and Australia which will see the opening of seven new offices. The company already has well established bases in Singapore, and in Perth and Melbourne, and in the last two years has invest

about 14 years ago
No Limit Ships Launches Hydrographic Survey Vessel Built for Russian Customer
Business & Finance

No Limit Ships Launches Hydrographic Survey Vessel Built for Russian Customer

Last Monday No Limit Ships shipyards of the Netherlands succesfully launched Hydrographic Survey vessel with building number 26. This vessel is ordered by a Russian customer and will be delivered at her homeport Archangelsk around 1 May. No Limit Ships shipyards is builder of workboats upto 35 meter

about 14 years ago
UK: DONG Energy Plans to Conduct Environmental Surveys of Walney Offshore Windfarms
Business & Finance

UK: DONG Energy Plans to Conduct Environmental Surveys of Walney Offshore Windfarms

The marine environment and bird life in and around Walney Offshore Windfarm have been carefully studied before construction of the wind farm was authorised. During the two years of construction, additional work has been done to check that construction activities remained within acceptable limits for

about 14 years ago
MPRL E&P Strikes Gas at Block-A6, Offshore Myanmar
Business & Finance

MPRL E&P Strikes Gas at Block-A6, Offshore Myanmar

MPRL E&P Pte Ltd., the only independent E&P company operating in both onshore and offshore Myanmar, on Monday announced the discovery of gas in Pyi Thar-1ST. MPRL E&P’s Pyi Thar-1ST, drilled on a combination of structural and sedimentological traps, has encountered approximately 180 ft ( true vertic

about 14 years ago
Denmark Based ERRIA Sells Third Vessel to Uni-Tankers
Business & Finance

Denmark Based ERRIA Sells Third Vessel to Uni-Tankers

ERRIA, a shipping company specialized in providing administrative ship management, announced that it has sold and transferred vessel named MT Erria Helen, on March 20, to the Uni-Tankers shipping line. MT Erria Helen is the third of nine vessels that the company is planning to sell. MT Erria Ida is

about 14 years ago
Australia: Cyclone Passes. Workers Return to Tallaganda Prospect
Business & Finance

Australia: Cyclone Passes. Workers Return to Tallaganda Prospect

Tap Oil Limited provides the following update on the Tallaganda-1 exploration well in permit WA-351-P offshore Carnarvon Basin, Western Australia. The Tallaganda-1 well is located within permit WA-351-P, of the Carnarvon Basin, Western Australia. The well is being drilled in 1,141 metres of water an

about 14 years ago
UK: Ashtead Technology Invests in Reson SeaBat Technology
Business & Finance

UK: Ashtead Technology Invests in Reson SeaBat Technology

With demand for multibeam echosounders on the increase, Ashtead Technology has invested in six new Reson SeaBat 7125ROV2 high-resolution multibeam echosounders. SeaBat multibeam sonars are designed to meet surveyors need for fast and reliable operation with ultra wide swathe coverage and outstanding

about 14 years ago
Octanex Gets 4th New Zealand Exploration Permit
Business & Finance

Octanex Gets 4th New Zealand Exploration Permit

Octanex N.L. announces that its wholly-owned subsidiary, Octanex NZ Limited (Octanex NZ), has been granted a 100% interest in a fourth petroleum exploration permit, PEP 53473. The permit is located in the offshore Taranaki Basin of New Zealand. The permit lies between the PEP 51906 and PEP 52593 per

about 14 years ago
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