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IEV Malaysia Secures Major Supply and Installation Contract
Business & Finance

IEV Malaysia Secures Major Supply and Installation Contract

IEV Holdings Limited announced that, on 13 December 2011, its 30% associate, IEV (Malaysia) Sdn. Bhd., has been awarded a major supply and installation contract from an established and major oil and gas operator in South East Asia . The scope of work of this turnkey project includes the engineering,

about 14 years ago
UK: ASCO Secures Long-Term North Sea Contracts
Business & Finance

UK: ASCO Secures Long-Term North Sea Contracts

ASCO, one of the world’s leading oil and gas logistics companies, announces the retention of three significant long-term North Sea contracts – two with Nexen Petroleum UK Limited and one with Centrica Energy Upstream. Together the contracts are valued in excess of £90m. For a number of years, ASCO h

about 14 years ago
Malaysia: IEV Wins Major Supply and Installation Contract
Business & Finance

Malaysia: IEV Wins Major Supply and Installation Contract

IEV Holdings Limited announced that, on 13 December 2011, its 30% associate, IEV (Malaysia) Sdn. Bhd., has been awarded a major supply and installation contract from an established and major oil and gas operator in South East Asia. The scope of work of this turnkey project includes the engineering,

about 14 years ago
South Korea: Hyundai Heavy Wins USD 900 Million Deal to Build Two Offshore Gas Platforms
Business & Finance

South Korea: Hyundai Heavy Wins USD 900 Million Deal to Build Two Offshore Gas Platforms

South Korea’s Hyundai Heavy Industries, the world’s biggest shipbuilder and a leading offshore facilities contractor, today announced that the Company won a contract from a major oil company to build gas producing offshore platforms to be deployed in West Africa by the end of 2014. Under the contrac

about 14 years ago
Fairmount’s Tug Refloats MV Ikan Sepat Offshore Puerto Cortes, Honduras
Business & Finance

Fairmount’s Tug Refloats MV Ikan Sepat Offshore Puerto Cortes, Honduras

Fairmount Marine’s powerful tug Fairmount Alpine has successfully assisted in the refloating of the grounded MV Ikan Sepat just offshore Puerto Cortés, Honduras. The salvage operation was directed by T&T Bisso Salvage. The MV Ikan Sepat is a 180 meter long, 28,503 DWT bulk carrier flying the Singapo

about 14 years ago
UK: ASCO Continues Good Relationship with Centrica and Nexen
Business & Finance

UK: ASCO Continues Good Relationship with Centrica and Nexen

ASCO, one of the world’s leading oil and gas logistics companies, has announced the retention of three significant long-term North Sea contracts – two with Nexen Petroleum UK Limited and one with Centrica Energy Upstream. Together the contracts are valued in excess of £90 million ($ 139.4 million).

about 14 years ago
MAN Diesel & Turbo Secures Order for Two Turbo Compound Systems from Samjin, China
Business & Finance

MAN Diesel & Turbo Secures Order for Two Turbo Compound Systems from Samjin, China

MAN Diesel & Turbo has received a firm order for two Turbo Compound Systems including Power Turbine and Generator (TCS-PTG) from Samjin Shipbuilding in Weihai, China. The TCS-PTGs will be employed aboard two 4,700 TEU container vessels currently under construction, operated by German shipowner Reede

about 14 years ago
Eastport Plans to Harness Tides to Generate Electricity (USA)
Business & Finance

Eastport Plans to Harness Tides to Generate Electricity (USA)

The recent sale of the Eastport Boat School signals the next phase of an ongoing, eight-year effort to harness Downeast Maine’s powerful… (bangordailynews) [mappress] Source: bangordailynews , December 19, 2011; Image: orpc

about 14 years ago
Norway: We Will Learn from Gullfaks Incident, Statoil Says
Business & Finance

Norway: We Will Learn from Gullfaks Incident, Statoil Says

Norwegian oil giant, Statoil, said that broad efforts have been made to identify the direct and underlying causes of the Gullfaks C well control event on 19 May 2010. The company has responded today to the most recent post-incident orders from the Petroleum Safety Authority Norway (PSA). As required

about 14 years ago
Trinidad and Tobago: GDF SUEZ Point Fortin Visits Atlantic LNG Terminal
Business & Finance

Trinidad and Tobago: GDF SUEZ Point Fortin Visits Atlantic LNG Terminal

LNG history was made once again in Trinidad and Tobago with the first visit to Point Fortin by the LNG carrier named in the town’s honour: the GDF SUEZ Point Fortin. At the on-board welcome reception were: (from left on the image) Captain Jose Ramon Urresti Zaballa; Roger Ferguson, Vice-President, C

about 14 years ago
Norway: Statoil Responds to Recent Post-Incident Orders from PSA
Business & Finance

Norway: Statoil Responds to Recent Post-Incident Orders from PSA

Broad efforts have been made to identify the direct and underlying causes of the Gullfaks C well control event on 19 May 2010. Operator Statoil has responded to the most recent post-incident orders from the Petroleum Safety Authority Norway (PSA). As required by the PSA, risk assessment and work pro

about 14 years ago
India: State’s Chief Minister Inaugurates Dhamra Port
Business & Finance

India: State’s Chief Minister Inaugurates Dhamra Port

The state’s Chief Minister, Mr Naveen Patnaik formally inaugurated Odisha’s Dhamra port, a joint venture between Tata Steel and Larsen & Toubro. Senior Shipping Ministry officials and representatives from the joint venture partners were present on the occasion. Though the port handled its first vess

about 14 years ago
Denmark: Maersk Line Appoints New CEO
Business & Finance

Denmark: Maersk Line Appoints New CEO

Søren Skou has been appointed new CEO of Maersk Line with effect from 9 January 2012. Søren Skou was previously CEO of Maersk Tankers and replaces Eivind Kolding who is leaving Maersk Line to become Chairman of the Executive Board of Danske Bank. ”Under Eivind Kolding’s skilled leadership, Maersk Li

about 14 years ago
BHP Billiton Hires Drilling Rig for Tallaganda Well, Offshore Australia
Business & Finance

BHP Billiton Hires Drilling Rig for Tallaganda Well, Offshore Australia

Tap Oil Limited announces that the WA-351-P joint venture has approved the budget to drill the Tallaganda-1 well in WA-351-P. Furthermore, the Operator, BHP Billiton Petroleum Pty Ltd (BHP Billiton), has now secured the Atwood Eagle semi-submersible drilling rig to drill the well and expects to comm

about 14 years ago
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