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Norway: Lundin Petroleum Completes Avaldsnes Appraisal Well
Business & Finance

Norway: Lundin Petroleum Completes Avaldsnes Appraisal Well

Lundin Petroleum Norway, as operator for PL501, has completed the appraisal well, 16/5-2S located approximately 8.5 km south of the Avaldsnes discovery well 16/2-6, and 4 km south of the appraisal well 16/2-7. The objective of the 16/5-2S well was to delineate the southern flank of the Avaldsnes dis

about 14 years ago
UK: Ultimate Rough Weather Wind Farm Support Vessel
Business & Finance

UK: Ultimate Rough Weather Wind Farm Support Vessel

In the offshore windfarm support scenario it is becoming increasingly clear that the seakeeping ability of the current medley of workboats is not up to the job when the going gets rough. This is exacerbated by current and future windfarms that are being positioned further out to sea in more onerous

about 14 years ago
Australia: Samsung Heavy Pens USD 2.26 Billion Deal with Inpex
Business & Finance

Australia: Samsung Heavy Pens USD 2.26 Billion Deal with Inpex

Reuters today quoted Samsung Heavy Industries as saying that it had entered into an agreement with Inpex to construct an offshore gas processing facility in Australia for USD 2.26 billion. The construction is expected to begin in 2013 said the South Korean shipyard, according to Reuters. Delivery of

about 14 years ago
Vietnam: HVS Delivers Bulk Carrier MV Hanjin Liverpool to Its Owner
Business & Finance

Vietnam: HVS Delivers Bulk Carrier MV Hanjin Liverpool to Its Owner

On January 13th 2012, Delivery Signing Ceremony for M/V Hanjin Liverpool, the Hull No. S066, was held at Hyundai-Vinashin Shipyard’s main office. The vessel was launched on November 6th 2011 at Dock No. 2 of Hyundai-Vinashin Shipyard under attendance of representatives and owners. At the ceremony, o

about 14 years ago
USA: OceanWorks Delivers Two High Power Nodes to HCC
Business & Finance

USA: OceanWorks Delivers Two High Power Nodes to HCC

OceanWorks International announces the delivery of two high power nodes to Harris CapRock Communications (HCC) as part of the Offshore Communications Backbone (OCB) system. The high power nodes represent an expansion of the successful OCB system which also includes the CSnet Tsunami Warning and Earl

about 14 years ago
NGSA, Bulkship Asia Sign Maritime Singapore Green Pledge
Business & Finance

NGSA, Bulkship Asia Sign Maritime Singapore Green Pledge

NYK Group South Asia Pte. Ltd. (NGSA) and NYK Bulkship (Asia) Pte. Ltd. (Bulkship Asia) signed the Maritime Singapore Green Pledge. The Green Pledge is an initiative of the Maritime and Port Authority of Singapore through which maritime organizations pledge their commitment to promote and support cl

about 14 years ago
Rialto Gets USD 20 Million Boost for Drilling Program Offshore Ivory Coast
Business & Finance

Rialto Gets USD 20 Million Boost for Drilling Program Offshore Ivory Coast

Rialto Energy Limited has reached in principle agreement with the International Finance Corporation (IFC), for a proposed investment of approximately US$20 million, via a non‐brokered private placement. The funding will be used to support the Company’s impending drilling operations in Block CI‐202,

about 14 years ago
Bahamas Petroleum Completes Initial Processing of Pearl 3D Seismic Survey
Business & Finance

Bahamas Petroleum Completes Initial Processing of Pearl 3D Seismic Survey

Bahamas Petroleum Corporation announces the initial processing of the Pearl 3D seismic survey has been completed. Data quality is excellent and data volumes have been received in both time and depth. Detailed interpretation is now underway and will form the basis for well location selection, well de

about 14 years ago
UAE: Strength in Depth, Unique Maritime Group’s New Vision
Business & Finance

UAE: Strength in Depth, Unique Maritime Group’s New Vision

Unique Maritime Group, one of the world’s leading integrated turnkey subsea and offshore solution providers, sets “Strength in Depth” as its new regional and international vision during a media round table, held yesterday at UMG’s head offices in Hamriyah Free Zone in Sharjah. The international pres

about 14 years ago
Neon Energy Inks Offshore Vietnam Farm-Out Agreement
Business & Finance

Neon Energy Inks Offshore Vietnam Farm-Out Agreement

Neon Energy Limited, an emerging petroleum exploration and production company listed on the Australian Securities Exchange has accepted a binding offer from a third party to farmin to Block 120 and Block 105-110/04, offshore Vietnam. Due to confidentiality obligations Neon said it was not in a posit

about 14 years ago
UAE: Drydocks World to Build Wind Power Offshore Platform for Aibel
Business & Finance

UAE: Drydocks World to Build Wind Power Offshore Platform for Aibel

Drydocks World, the established international maritime service provider, announced that it has entered into a contract with Aibel, the leading Norwegian provider of services to the energy industry, for building a Wind Power Offshore Platform structure, to receive power generated from offshore wind f

about 14 years ago
Huawei Marine Starts Manufacturing Phase of GFN Express Project Between USA and UK
Business & Finance

Huawei Marine Starts Manufacturing Phase of GFN Express Project Between USA and UK

Huawei Marine Networks Co., Ltd. (Huawei Marine) announced the signing of a construction contract of Hibernia Atlantic’s Global Financial Network (GFN) Project Express. Huawei Marine recently completed the first phase of the project’s marine survey work and is now commencing the manufacturing of the

about 14 years ago
Norway: Lundin Completes Avaldsnes Appraisal
Business & Finance

Norway: Lundin Completes Avaldsnes Appraisal

Lundin Petroleum Norway, as operator for PL501, has completed the appraisal well, 16/5-2S located approximately 8.5 km south of the Avaldsnes discovery well 16/2-6, and 4 km south of the appraisal well 16/2-7. The objective of the 16/5-2S well was to delineate the southern flank of the Avaldsnes dis

about 14 years ago
US: CaytransBBC Announces Fleet Expansion
Business & Finance

US: CaytransBBC Announces Fleet Expansion

CaytransBBC, a service managed by Dan-Gulf shipping, announces it is adding a sixth vessel to its fleet. The M/V ‘BBC Anglia’ will join the existing fleet that offers regular service between the US Gulf and the North Coast of South America. The ship will deliver into the service in mid January 2012

about 14 years ago
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