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UK: Energy Minister Awards 46 New Licences to Explore for O&G in North Sea
Business & Finance

UK: Energy Minister Awards 46 New Licences to Explore for O&G in North Sea

Energy Minister Charles Hendry set out his hopes for a “prosperous 2012” in the oil and gas sector, as he awarded 46 new licences to explore for hydrocarbons in the North Sea. These awards were made as part of the 26th offshore oil and gas licensing round, which was originally announced in October 2

about 14 years ago
UK: Energy Minister Awards 46 New Licences for Hydrocarbons Exploration in North Sea
Business & Finance

UK: Energy Minister Awards 46 New Licences for Hydrocarbons Exploration in North Sea

Energy Minister Charles Hendry set out his hopes for a “prosperous 2012” in the oil and gas sector, as he awarded 46 new licences to explore for hydrocarbons in the North Sea. These awards were made as part of the 26th offshore oil and gas licensing round, which was originally announced in October 2

about 14 years ago
Cippe 2012 Scheduled for March 19th to 21st in Beijing, China
Business & Finance

Cippe 2012 Scheduled for March 19th to 21st in Beijing, China

One of top events in petroleum industry, the 12th China International Petroleum & Petrochemical Technology and Equipment Exhibition (cippe2012) will be held on March 19th to 21st, 2012 in Beijing. National Energy Administration, CNPC, SINOPEC, CNOOC, Shell, BP, Total, Statoil ASA and other overseas

about 14 years ago
Maersk Line Expands its Asia-Port Said Loop to Turkey
Business & Finance

Maersk Line Expands its Asia-Port Said Loop to Turkey

Maersk Line, one of the world’s biggest shipping companies, has widen its weekly Asia-Port Said shuttle AE5 beyond Port Said to Turkey. The company has also adde a call in Guangzhou’s Nansha terminal. The AE5 now has a rotation of Ningbo, Shanghai, Shenzhen-Yantian, Gaungzhou-Nansha, Tanjung Pelepas

about 14 years ago
Denmark: Knud E. Hansen, ABB Develop New 2000 TEU Container Feeder Vessel
Business & Finance

Denmark: Knud E. Hansen, ABB Develop New 2000 TEU Container Feeder Vessel

The Danish Naval Design and Marine Consultancy Knud E. Hansen A/S and joint venture partner ABB have developed a highly fuel efficient 2000 TEU Container Feeder Vessel. The vessel’s main dimensions have been optimised for calling in Bangkok, but the design features will deliver great benefits to ope

about 14 years ago
China: Yuexin Starts Construction of New ASD Tug
Business & Finance

China: Yuexin Starts Construction of New ASD Tug

Recently a keel-laying ceremony for 37m ASD TUG Vessel YX3182/83 built by Yuexin for Crude Oil Pineline of Southeast Asia Co.,Ltd was held in Yuexin shipyard. Applying Yuexin’s own design, the vessel measures 37m in length with a molded breadth of 10.6m,a molded depth of 4.8m and the designed draugh

about 14 years ago
Russia: Yantar Shipyard Plans to Conduct Mooring Trials for RV Seliger
Business & Finance

Russia: Yantar Shipyard Plans to Conduct Mooring Trials for RV Seliger

Yantar Shipyard (PCZ) is planning to conduct mooring trials, ordered by the Russian Ministry of Defense, for Research & Survey Vessel Seliger in January 2012. ‘Seliger’ is a heading vessel of Project 11982 elaborated by the Central Marine Design Bureau ‘Almaz’. Shipyard ‘Yantar’ has signed the Shipb

about 14 years ago
Iran Intends to Increase Production at Forouzan Oilfield
Business & Finance

Iran Intends to Increase Production at Forouzan Oilfield

IOOC (Iran Offshore Oil Company) plans to increase production at the Forouzan oil field by the end of the next calendar year , which is shared by 40 pct, with Saudi Arabia, managing director stated. “Some 100 kilometers seabed pipeline has been laid and related platform will be installed in the midd

about 14 years ago
Russia: Yantar Shipyard to Conduct Mooring Trials for RV Seliger
Business & Finance

Russia: Yantar Shipyard to Conduct Mooring Trials for RV Seliger

Yantar Shipyard (PCZ) is planning to conduct mooring trials, ordered by the Russian Ministry of Defense, for Research & Survey Vessel Seliger in January 2012. ‘Seliger’ is a heading vessel of Project 11982 elaborated by the Central Marine Design Bureau ‘Almaz’. Shipyard ‘Yantar’ has signed the Shipb

about 14 years ago
Norway: Songa Offshore Awards Stock Appreciation Rights to Certain Key Personnel
Business & Finance

Norway: Songa Offshore Awards Stock Appreciation Rights to Certain Key Personnel

The board of directors of Songa Offshore SE has decided to award stock appreciation rights (or so-called “synthetic options”) to certain key personnel of the Songa Offshore Group. The number of new stock appreciation rights corresponds to the value of 2,500,000 ordinary shares in the Company. Seen i

about 14 years ago
Bermuda: Frontline Completes Restructuring
Business & Finance

Bermuda: Frontline Completes Restructuring

Frontline Ltd. announces that the restructuring of Frontline has been successfully completed. The major part of the restructuring consists of the following elements: Frontline has completed the sale of five VLCC newbuilding contracts, six modern VLCCs including one time charter agreement and four mo

about 14 years ago
Norway: PSA Carries Out Audit on Heimdal and Heimdal Riser Platform
Business & Finance

Norway: PSA Carries Out Audit on Heimdal and Heimdal Riser Platform

From 3-6 October 2011, the Petroleum Safety Authority Norway (PSA) carried out an audit of management of operation and maintenance on Heimdal and the Heimdal riser platform (HRP). Objective The objective of the activity was to assess aspects of the management of preventive and corrective maintenance

about 14 years ago
CAMAC Energy Signs Heads of Agreement to Acquire Avana Petroleum
Business & Finance

CAMAC Energy Signs Heads of Agreement to Acquire Avana Petroleum

CAMAC Energy Inc. a U.S.-based energy company engaged in the exploration, development and production of oil and gas in West Africa and China, today announced that it has signed a heads of agreement (“HOA”) to acquire one hundred percent of the issued share capital of Avana Petroleum Limited, a priva

about 14 years ago
USA: Eastern Shipbuilding Delivers OSV Harvey Supporter
Business & Finance

USA: Eastern Shipbuilding Delivers OSV Harvey Supporter

Eastern Shipbuilding Group has delivered the HARVEY SUPPORTER, the first of three (3) 292 ft. Tiger Shark Class Offshore Support Vessels for Harvey Gulf International Marine, LLC. The HARVEY SUPPORTER is an STX Marine design featuring a DP II SOLAS-classed AC diesel-electric, twin Z-drive Offshore S

about 14 years ago
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