Austal USA, Mobile, Ala., is being awarded a $7,917,425 modification to previously awarded contract to exercise an option for core Littoral Combat Ship (LCS) class services for the LCS program. Austal USA will assess engineering, baseline, and configuration management services in support of the basi
One of the new contracts that filled up Zaliv shipyard’s port-folio became the contract for construction of the floating dock with the total weight of 1217 tons for the company from Portugal. Signing of this contract finely blends the diversification politics of the shipyard as far for the present m
Coastal Energy Company, an independent exploration and production company with assets in Thailand, announces the successful results of the Bua Ban North B-09 offshore well. The Bua Ban North B-09 was drilled as an appraisal well between the southernmost Bua Ban North B-04 well and the Bua Ban North
Wave energy developer Carnegie Wave Energy Limited announces the completion of the basis of detailed design for its Perth Wave Energy Project (the Perth Project) at Garden Island and the corresponding fourth milestone payment from the Government of Western Australia. The basis of detailed design of
On October 6 Awilco Drilling PLC signed a Letter of Intent (LOI) with Hess UK Ltd for the provision of WilPhoenix for work related to their 2012 abandonment program on the Fife and Fergus fields. Yesterday, Awilco confirmed that the contract is signed and is due to commence late Q1 2012. The contrac
Research and Markets announced addition to its reports, E.ON UK Plc – – SWOT Analysis. E.ON UK is one of the top power suppliers and producers in the UK. A subsidiary of German utility E.ON, the company has operations in electricity generation and supply. The company is headquartered in Coventry, En
The Bureau of Ocean Energy Management announced that it is taking the next steps in the review for a potential Mid-Atlantic Wind Energy Transmission Line. Atlantic Grid Holdings LLC has requested a right-of-way grant to develop the Atlantic Wind Connection, a proposed high-voltage direct current tra
TBS International plc today announced that it has reached agreements with its bank lenders on terms to reduce its leverage and refresh its fleet. As part of these agreements, TBS and the syndicates led by Bank of America and DVB Group Merchant Bank have agreed on terms to restructure outstanding in
UK based oilfield services company Expro has signed a frame agreement for the further advancement of its ground-breaking AX-S™ subsea well intervention technology. Total E&P UK Ltd, the Aberdeen- based subsidiary of the Total Group, has signed a long- term frame agreement with Expro. The signing of
The second semi-submersible drilling rig COSLInnovator built by Yantai CIMC Raffles Offshore Ltd for COSL Drilling Europe AS (CDE) was departed on 8:00 AM 21th Dec 2011. After the departure, COSLinnovator will sail to Norway by the 6 thrusters themselves, and will pass Singapore, Cape of Good Hope,
Ballast Nedam is to adjust the capacity of the Infra regional companies in response to deteriorating market conditions. The regional companies have been unable to contribute positively to overall operating results. The regional companies are still to a large degree dependent on public tenders for se
Eni, Italian oil company, has been present in Angola since 1980. Yesterday, Eni and Sonangol E.P. signed in Luanda a Production Sharing Contract (PSC) for the exploration of Block 35, which is situated in deepwater offshore Angola, 150km off the coast of the capital Luanda. The Block covers approxim
Dockwise Ltd. announces that it has entered into a Master Service Agreement (MSA) with Keppel of Singapore for transportation of their jack-up and semi-submersible drilling units. The USD 55 million awards comprise contracts for transportation of four jack-up drilling rigs, one semi-submersible dril
The offshore marine energy project in Cornwall, which allows developers to test new wave energy technology, will be taken on by the Government to secure its future as a vital part of the UK’s green energy sources.The Department for Business Innovation and Skills (BIS) will take over ownership of the