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PTTEP Farms Out its Indonesian Offshore Blocks to Total
Business & Finance

PTTEP Farms Out its Indonesian Offshore Blocks to Total

Thailand’s PTT Exploration and Production Public Company Limited (PTTEP) announced today that it has agreed to dilute its share in three deep-offshore exploration blocks in the Makassar Strait in Indonesia to French supermajor Total. The farm-out agreement includes the dilution of PTTEP’s 33% share

about 14 years ago
Offshore Wind Power Enjoys Energetic Public Support in Maryland (USA)
Business & Finance

Offshore Wind Power Enjoys Energetic Public Support in Maryland (USA)

If measured by the turnout at the rally at the Annapolis state house on Wednesday, of all the issues confronting the Maryland General… By Keith Harrington (huffingtonpost) [mappress] Source: huffingtonpost, January 13, 2012

about 14 years ago
Offshore Wind Power Enjoys Energetic Public Support in Maryland (USA)
Business & Finance

Offshore Wind Power Enjoys Energetic Public Support in Maryland (USA)

If measured by the turnout at the rally at the Annapolis state house on Wednesday, of all the issues confronting the Maryland General… By Keith Harrington (huffingtonpost) [mappress] Source: huffingtonpost, January 13, 2012

about 14 years ago
Australia: Tap Sells Fletcher Finucane Stake to Santos
Business & Finance

Australia: Tap Sells Fletcher Finucane Stake to Santos

Tap Oil Limited, an independent oil & gas exploration and production company with interests in Australia and South East Asia has entered into an agreement with Santos Limited (Santos) whereby Santos will acquire Tap’s 8.2% interest in the WA-191-P offshore exploration permit for a total cash payment

about 14 years ago
MMA Opens American Bureau of Shipping Information Commons Building
Business & Finance

MMA Opens American Bureau of Shipping Information Commons Building

Massachusetts Maritime Academy (MMA) recently hosted the grand opening ceremony for the start-of-the-art, American Bureau of Shipping Information Commons Building, which houses the Academy’s new cutting-edge Full Mission Ship Simulator, supplied by Transas USA Inc. The 42,000 square foot academic bu

about 14 years ago
Plexus Receives Funding from Maersk Oil UK for HP/HT Mudline Tieback Wellhead System
Business & Finance

Plexus Receives Funding from Maersk Oil UK for HP/HT Mudline Tieback Wellhead System

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

about 14 years ago
Denmark: Maersk Line, Ericsson Bring Mobile Connectivity to Oceans
Business & Finance

Denmark: Maersk Line, Ericsson Bring Mobile Connectivity to Oceans

The oceans are the last “white spot” for mobile communication industry to connect. The world’s largest shipping company, Maersk Line, has appointed Ericsson to address this by introducing end-to-end systems integration and deployment of mobile and satellite communication to its entire vessel fleet.

about 14 years ago
Oil Majors to Explore for Oil Offshore Canada
Business & Finance

Oil Majors to Explore for Oil Offshore Canada

Chevron Canada Limited, Statoil Canada Ltd. and Repsol E&P Canada Ltd. have concluded agreements to conduct exploration activities offshore Atlantic Canada. Chevron and Statoil have also finalized another agreement for exploration activities in the Canadian Beaufort Sea. These new joint ventures ove

about 14 years ago
Rotech Subsea Works on UK’s Largest Windfarm
Business & Finance

Rotech Subsea Works on UK’s Largest Windfarm

A global subsea engineering firm is working on a major North Sea contract worth in excess of £2million. Rotech Subsea, which is headquartered in Aberdeen and owned by Norwegian firm Reef Subsea, is involved in a subsea excavation project with marine construction firm Red7Marine on what will be the U

about 14 years ago
UAE: BOURBON Strengthens Its Vessel Maintenance Program
Business & Finance

UAE: BOURBON Strengthens Its Vessel Maintenance Program

A leader in offshore oil and gas marine services, BOURBON opens Bourbon Docking, an organization located in Dubai, to manage the Class Dockings of vessels, for all BOURBON affiliates. According to BOURBON 2015 Leadership Strategy plan, the Group’s growth strategy is based on the mass-building of ves

about 14 years ago
Norway: Technip Participates in Statoil’s Vilje and Visund Developments
Business & Finance

Norway: Technip Participates in Statoil’s Vilje and Visund Developments

Technip was awarded two contracts by the international energy company Statoil, worth a total of around €55 million, for the Vilje South field and Visund North developments located in the North Sea at water depths of 120 and 385 meters respectively. These contracts cover welding and installation of a

about 14 years ago
Norway: Technip Wins Subsea Contracts for Statoil’s Vilje South and Visund North Projects
Business & Finance

Norway: Technip Wins Subsea Contracts for Statoil’s Vilje South and Visund North Projects

Technip was awarded two contracts by the international energy company Statoil, worth a total of around €55 million, for the Vilje South field and Visund North developments located in the North Sea at water depths of 120 and 385 meters respectively. These contracts cover: * welding and installation o

about 14 years ago
UAE: FPSO Athena Enters Final Phase of Conversion Work
Business & Finance

UAE: FPSO Athena Enters Final Phase of Conversion Work

According to Ithaca Energy, Athena Development Update activities are progressing as scheduled. The BW Athena FPSO, is undergoing final phases of conversion work in Dubai Dry Dock World. Under the agreement between BW Offshore and Drydocks World scope of work included lengthening of the vessel and fa

about 14 years ago
UK: Government Invests in Wave and Tidal Research and Development Funds
Business & Finance

UK: Government Invests in Wave and Tidal Research and Development Funds

The government is to invest over £10 million in new research and development to help demonstrate that wave and tidal energy can be generated at scale, and with lower energy production costs. Marine Energy – Supporting Array Technologies is a competition for collaborative R&D funding that will suppor

about 14 years ago
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