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USA: Hess to Splash USD 6.8 Billion in 2012
Business & Finance

USA: Hess to Splash USD 6.8 Billion in 2012

Hess Corporation, with headquarters in New York announced today a 2012 capital and exploratory budget of $6.8 billion, nearly all of which is targeted for Exploration and Production: $2.5 billion for unconventionals, $1.6 billion for production, $1.8 billion for developments and $800 million for exp

about 14 years ago
India: Adani Commissions Second Jetty at Dahej Port
Business & Finance

India: Adani Commissions Second Jetty at Dahej Port

Adani Petronet (Dahej) Port Private Limited, which operates Dahej Port in South Gujarat, today announced the successful commissioning of the second jetty at the port. The company is a joint venture between Adani Ports & Special Economic Zone Limited and Petronet LNG Ltd. “This milestone of adding on

about 14 years ago
USA: Enbridge Investigates Leak on Stingray Natural Gas Pipeline
Business & Finance

USA: Enbridge Investigates Leak on Stingray Natural Gas Pipeline

Enbridge is investigating the report of a small natural gas leak in the West Cameron Block 275, approximately 66 miles off the coast of Louisiana in the U.S. Gulf of Mexico. A helicopter flyover was completed earlier , and a three-foot diameter patch of bubbles has been spotted on the surface of the

about 14 years ago
USA: Enbridge Examines Stingray Pipeline after Gas Leak Reported
Business & Finance

USA: Enbridge Examines Stingray Pipeline after Gas Leak Reported

Enbridge is investigating the report of a small natural gas leak in the West Cameron Block 275, approximately 66 miles off the coast of Louisiana in the U.S. Gulf of Mexico. A helicopter flyover was completed yesterday, and a three-foot diameter patch of bubbles has been spotted on the surface of th

about 14 years ago
Greece’s MTM Firm Receives Energy Management Certificate
Business & Finance

Greece’s MTM Firm Receives Energy Management Certificate

Lloyd’s Register has awarded Maran Tankers Management, Inc. (MTM), the oil tanker management company of the Angelicoussis Shipping Group, with ISO 50001 certification as commercial ship operators continue to search for ways to lessen their environmental impact and operating costs. ISO 50001 is a vol

about 14 years ago
Finland: Cargotec Secures Major Port Crane Orders from ICTSI
Business & Finance

Finland: Cargotec Secures Major Port Crane Orders from ICTSI

Cargotec has received two separate orders from one of the world’s leading container terminal operators, International Container Services Inc (ICTSI). The orders will see in total four ship-to-shore cranes and 10 rubber tyred gantry (RTGs) cranes delivered to Mexico and eight RTGs cranes to Philippin

about 14 years ago
Submarine Cables Bring New Opportunities to Africa
Business & Finance

Submarine Cables Bring New Opportunities to Africa

Telecommunication experts are excited about the opportunities that the improved fiber optic cables capability brings to Africa. As highlighted, the major jump in the segment will be seen in a year ahead across the entire continent, especially in Uganda, said Warid Telecom’s former executive Yussif K

about 14 years ago
The Netherlands: Maritime Institute Willem Barentsz Cooperates with Amarcon
Business & Finance

The Netherlands: Maritime Institute Willem Barentsz Cooperates with Amarcon

Maritime Institute Willem Barentsz and the Dutch decision support-software developer Amarcon have closed an agreement with regards to DP training courses on the DP simulator bridge located at the Willem Barentsz in the Netherlands. Amarcon’s DP Forecast functionality is part of the decision support

about 14 years ago
Norway: Talisman Awards USD 144 Million EPCI Gig to Aker Solutions
Business & Finance

Norway: Talisman Awards USD 144 Million EPCI Gig to Aker Solutions

Aker Solutions has been awarded a frame agreement for engineering, procurement, installation and commissioning (EPCI) for Talisman Energy’s maintenance and modifications projects on the Norwegian continental shelf. Scope of work includes studies, engineering, procurement, fabrication, offshore insta

about 14 years ago
Norway: Aker Solutions Secures EPCI Frame Agreement with Talisman Energy
Business & Finance

Norway: Aker Solutions Secures EPCI Frame Agreement with Talisman Energy

Aker Solutions has been awarded a frame agreement for engineering, procurement, installation and commissioning (EPCI) for Talisman Energy’s maintenance and modifications projects on the Norwegian continental shelf. Scope of work includes studies, engineering, procurement, fabrication, offshore insta

about 14 years ago
Cyprus: Prosafe Announces 4Q 2011 Rig Utilisation
Business & Finance

Cyprus: Prosafe Announces 4Q 2011 Rig Utilisation

Prosafe, a Cyprus-based owner and operator of semi-submersible accommodation/service rigs has announced that its rig utilisation in the fourth quarter of 2011 was 79.8 per cent. Safe Caledonia, Safe Lancia, Jasminia, Safe Hibernia, Safe Britannia, Safe Regency, Safe Bristolia have been fully utilise

about 14 years ago
UK: Work Underway on 19m Cat, ABC Announces
Business & Finance

UK: Work Underway on 19m Cat, ABC Announces

ABC announced that the work is underway for a new 19m Cat. This is their largest boat to date and will add to ABC’s already extensive range of craft. This boat will once again go into service in the busy offshore windfarm industry. This boat has been commissioned by Carling Charters to enhance their

about 14 years ago
Sterling Resources Successful in UK 26th Offshore Licensing Round Awards
Business & Finance

Sterling Resources Successful in UK 26th Offshore Licensing Round Awards

Sterling Resources Ltd that it has been successful in the final portion of the UK 26th Offshore Licensing Round awards, which were recently announced by the UK Department of Energy and Climate change (DECC). The initial portion of the UK 26th Licensing Round was previously awarded and announced in N

about 14 years ago
Croatia: Naval Architects Magazine Recognizes Piana and Orange Star as Ships of The Year 2011
Business & Finance

Croatia: Naval Architects Magazine Recognizes Piana and Orange Star as Ships of The Year 2011

Vessels “Piana“ and “Orange Star“ will be covered in annual publication of The Naval Arhitects which will be published in February. “Orange Star“ is a handy carrier for transportation of refrigerated fresh fruit juice, the largest orange juice carrier ever built. Her length is 189,90 m and payload 3

about 14 years ago
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