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GE Opens Maintenance and Training Center for Oil and Gas Industry in Australia
Business & Finance

GE Opens Maintenance and Training Center for Oil and Gas Industry in Australia

GE Oil & Gas opened its $100 million technology and learning complex in Jandakot, Western Australia, to support the development of skills for the oil and gas sector and provide its first in-country support and maintenance center for the upstream industry. The biggest complex of its kind in Australia

about 14 years ago
UAE: TGS to Charter Seismic Vessel Polarcus Amani
Business & Finance

UAE: TGS to Charter Seismic Vessel Polarcus Amani

Polarcus Limited announces that the Company has signed a Letter of Intent with TGS-NOPEC Geophysical Company ASA (TGS) for the charter of the 12 – 14 streamer 3D seismic vessel POLARCUS AMANI. The charter, of minimum 5 months duration and subject to the execution of a service contract, will commence

about 14 years ago
Australia: Chevron to Train Workers in GE’s Newly Opened Facility
Business & Finance

Australia: Chevron to Train Workers in GE’s Newly Opened Facility

GE Oil & Gas today opened its $100 million technology and learning complex in Jandakot, Western Australia, to support the development of skills for the oil and gas sector and provide its first in-country support and maintenance center for the upstream industry. The biggest complex of its kind in Aus

about 14 years ago
Bermuda: Frontline Announces Company Restructuring
Business & Finance

Bermuda: Frontline Announces Company Restructuring

Frontline Ltd. announces that the restructuring of Frontline has been approved by the Board of the Company and will in the next few days be put forward to their creditors and counterparties for approval. The proposed solution has been made possible through a massive commitment from companys major sh

about 14 years ago
Australia: Osaka Gas Co. Takes 1.2 pct Ichthys Project Stake
Business & Finance

Australia: Osaka Gas Co. Takes 1.2 pct Ichthys Project Stake

INPEX CORPORATION (INPEX) announced today that INPEX Ichthys Pty Ltd and other project partners have reached an agreement with Osaka Gas Co., Ltd. to transfer its 1.2% of Ichthys project equity interest(*). Based on the agreement, Ichthys project equity interest will be as follows: • INPEX – 74.8% •

about 14 years ago
Polarcus Inks Contract for 3D Acquisition Project Offshore West Africa
Business & Finance

Polarcus Inks Contract for 3D Acquisition Project Offshore West Africa

Polarcus Limited announces that the Company has signed a Letter of Intent with an undisclosed client for a 3D seismic acquisition project offshore West Africa. The project, to be acquired by POLARCUS NADIA, will commence this month and is expected to run for approximately 30 days. About Polarcus Pol

about 14 years ago
USA: MBARI’s Seafloor-Mapping Robot D. Allan B. Yields Host of New Geologic Discoveries
Business & Finance

USA: MBARI’s Seafloor-Mapping Robot D. Allan B. Yields Host of New Geologic Discoveries

MBARI’s seafloor mapping robot has had a busy year. It documented a huge lava flow from a three-month-old volcanic eruption off the Oregon coast; it charted mysterious three-kilometer-wide scour marks on the seafloor off Northern California; and it unearthed data that challenge existing theories abo

about 14 years ago
Germany: MV Lone Heavy Lift Undergoes Upgrades to Better Fit Offshore Needs
Business & Finance

Germany: MV Lone Heavy Lift Undergoes Upgrades to Better Fit Offshore Needs

SAL’s heavy lift vessel, the MV “Lone”, is now in the last stages of upgrading her existing DP 1 system to a DP 2 system. In dry-dock at the German shipyard Norderwerft, the vessel received one additional 1,200 kW bowthruster, two retractable azimuths of 1,200 kW each and three 1,600 kW auxiliary en

about 14 years ago
Germany: MV Lone Gets DP Upgrade
Business & Finance

Germany: MV Lone Gets DP Upgrade

The MV “Lone” is now in the last stages of upgrading her existing DP 1 system to a DP 2 system. In dry-dock at the German shipyard Norderwerft, the vessel received one additional 1,200 kW bowthruster, two retractable azimuths of 1,200 kW each and three 1,600 kW auxiliary engines to secure the power

about 14 years ago
Four Large Tanker Owners Sign LoI to Set up New VLCC Pool
Business & Finance

Four Large Tanker Owners Sign LoI to Set up New VLCC Pool

Partners in the VLCC Pool will be MITSUI O.S.K. LINES, LTD. / PHOENIX TANKERS PTE. LTD., A.P. MØLLER – MÆRSK A/S (Maersk Tankers), SAMCO SHIPHOLDING PTE. LTD., and OCEAN TANKERS (PTE.) LTD., SINGAPORE – all financially strong and quality focused tanker owners. The Partners are in detailed discussion

about 14 years ago
Polarcus Nadia Set for West Africa Work
Business & Finance

Polarcus Nadia Set for West Africa Work

UAE based company specializing in high-end towed streamer data acquisition, Polarcus Limited, has signed a Letter of Intent with an undisclosed client for a 3D seismic acquisition project offshore West Africa. The project, to be acquired by ULSTEIN SX124 design vessel, Polarcus Nadia, will start thi

about 14 years ago
Australia: First Gas from Raindeer Field Flows through Bunbury Natural Gas Pipeline
Business & Finance

Australia: First Gas from Raindeer Field Flows through Bunbury Natural Gas Pipeline

Australia’s Santos today said on its website that natural gas from the offshore Reindeer field in the Carnarvon Basin was delivered to the Dampier to Bunbury Natural Gas Pipeline (DBNGP) for the first time. The delivery of the gas, processed at the new onshore Devil Creek plant near Karratha, marks

about 14 years ago
UK: Blue Offshore to Use Swan Hunter Facilities for Construction of Cable Installation System
Business & Finance

UK: Blue Offshore to Use Swan Hunter Facilities for Construction of Cable Installation System

Blue Offshore, a specialist subsea construction contractor, have announced that they have reached agreement to use the former Swan Hunter shipyard facilities at Wallsend, Newcastle-upon-Tyne (UK), for assembly and construction of their cable installation system. Blue Offshore will operate the facili

about 14 years ago
U.A.E: Polarcus Signs LoI with TGS for 3D Seismic Vessel Polarcus Amani
Business & Finance

U.A.E: Polarcus Signs LoI with TGS for 3D Seismic Vessel Polarcus Amani

Polarcus Limited announces that the Company has signed a Letter of Intent with TGS-NOPEC Geophysical Company ASA (TGS) for the charter of the 12 – 14 streamer 3D seismic vessel POLARCUS AMANI. The charter, of minimum 5 months duration and subject to the execution of a service contract, will commence

about 14 years ago
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