Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, announces that it has received £260,000 funding from Maersk Oil North Sea UK Limited (‘Maersk Oil UK’), a leading independent oil and gas
The Board of Directors of SapuraCrest Petroleum Berhad announces that its wholly-owned subsidiaries, TL Offshore PLSV1 Ltd and TL Offshore PLSV2 Ltd, has entered into a contract with IHC Offshore And Marine B.V., for the construction of two (2) units of 550 tonne pipelay support vessels, at a fixed
Malaysia’s SapuraCrest reported today that its subsidiaries TL Offshore PLSV1 Ltd and TL Offshore PLSV2 Ltd , has each yesterday entered into contracts with IHC Offshore And Marine B.V, for the construction of two 550 t pipelay support vessels, at a fixed lump sum price. The two contracts are both d
The Board of Directors of SapuraCrest Petroleum Berhad announces that its wholly-owned subsidiaries, TL Offshore PLSV1 Ltd and TL Offshore PLSV2 Ltd , has each entered into a contract with IHC Offshore and Marine B.V, for the construction of two units of 550 tonne pipelay support vessels, at a fixed
COSCO Corporation (Singapore) Limited throughout its subsidiaries COSCO Shipyard Group Co., Ltd have made the following deliveries: COSCO (Zhoushan) Shipyard Co, close to the international sea route and navigation hub clusters in Asia, and it is a newly built shipyard with one DWT 150,000 dock and f
Yesterday, on 12 January 2012, Falkland Islands Holdings plc (FIH) agreed to participate in the placing of new shares by FOGL by subscribing for 2 million new shares. The £860,000 cost of the shares will be met from the Group’s existing cash resources and the purchase will be undertaken by the Group
Posidonia Oceanica is a seagrass species endemic in the Mediterranean, where it plays an important role in the ecosystem. Its presence indicates low water pollution levels. Its acoustic properties allow it to be distinguished from backscatter response of the seabed and make it possible to map it wit
Total and its joint venture partner INPEX CORPORATION today announced that they have taken the final investment decision for the Ichthys liquefied natural gas (LNG) project in Australia, representing an investment of US$34 billion dollars. Total holds a 24% interest in the project which will develop
Caley Ocean Systems has supplied two, large capacity, 2,500 tonne turntables to Global Marine Systems Ltd (GMSL) to handle deployment of non-coilable cables from their vessel CS Sovereign. Caley has worked closely with GMSL, and their naval architects, to design the two turntables such that they can
In the light of the upcoming EEOI, high fuel costs, levy’s on CO2 emissions and economical difficult times, efficient ship operation has become high priority. The most straightforward way to save fuel is to operate a ship in the most efficient way, by careful voyage planning and efficient ship opera
Shetland Islands Council has announced a tender procedure for underwater cable laying works. The Council intends to place an underwater fiber optic telecommunications cable in Clift Sound from the Trondra Bridge to Maywick. The works consist of laying a cable from an existing manhole adjacent to the
Dragon Oil plc, an international oil and gas exploration, development and production company, announces that the Dzheitune (Lam) 13/140A sidetrack was completed with a single string to a depth of 2,237 metres by Rig 40 and tested for initial production at 2,123 barrels of oil per day (“bopd”). This
On January 10th, the 18th 57.300 DWT bulk carrier “An Tai Shan” built by China Shipping Industry (Jiangsu) Co., Ltd. for China Shipping Development Co., Ltd. Tramp. Co. was successfully named and delivered at Shanghai Changxing Island and departed from port in the afternoon. Chief accountant Mr. Zho
Cory Brothers Shipping Agency Ltd. as Liner agents for GRIEG Star Shipping announced the introduction of a 5th vessel in its North-Atlantic Traffic. Effective February 06th, 2012; M/v “Star Eagle” (39749 DWT) will enter into the AC Service (Europe to US Gulf / Mexico vice versa). The introducing of