Technip announced that it has completed the acquisition of Global Industries, Ltd . The shareholders of Global Industries approved the merger at a special shareholders meeting held on November 30, 2011 and will receive US$8.00 per share in cash. Global Industries has become an indirect, wholly-owned
Chevron’s Brazilian subsidiary, Chevron Brasil Upstream Frade Ltda announced last night it has been ordered by Brazil’s National Petroleum Agency (ANP) to shut in one of its 11 production wells and four produced water injection wells at its off-shore Frade joint-venture Floating Production-Storage a
Northern Offshore, Ltd. reported that its subsidiary, Northern Offshore U.K. Limited, has received a early declaration from Maersk Olie og Gas AS exercising both of the remaining one-year options for the jackup Energy Endeavour. The anticipated commencement date of the option period is April 2012, w
FMC Technologies, Inc., a provider of technology solutions for the energy industry, has signed a global alliance agreement with Anadarko Petroleum Corporation to provide subsea systems and life-of-field services for their worldwide subsea development projects. In 1999, FMC supplied equipment for Ana
Winland Ocean Shipping Corp, a global shipping Company, today took delivery of the company’s first new 57,000 DWT bulk carrier named “Fon Tai” . The Chairman and management executives of the Company attended the ship christening ceremony at the shipyard. “Fon Tai” was constructed by Jiangsu New Hant
On 30 November 2011, Van Oord performed the naming ceremony for its new Damen Multi Cat 3213 ‘Oceanus’. The Oceanus is the biggest Multi Cat ever built by Damen Shipyards and the first of its type. A sister vessel ‘Cronus’ is to be delivered April 2012, one month before the contractual delivery date
In Q1 2013 Fugro will take delivery of a new-built vessel, M/V Fugro Pioneer, the first of Fugro’s dedicated Offshore Survey Costal Vessel series. Featured on Stand 11121 at EWEA Offshore Amsterdam, the new vessel will operate in North-West European waters. Designed to Fugro specifications and fitte
ATP Oil & Gas Corporation today announced it sold its interest in the deep rights (below 23,499 TVDSS) in one of its Telemark Hub properties to a third party for an undisclosed amount resulting in an estimated gain of $26 million. In addition to the cash proceeds, ATP retained a 1% overriding royalt
In Q1 2013 Fugro will take delivery of a new-built vessel, M/V Fugro Pioneer, the first of Fugro’s dedicated Offshore Survey Costal Vessel series. The new vessel will operate in North-West European waters. Designed to Fugro specifications and fitted with the latest survey equipment these new vessels
In Q1 2013 Fugro will take delivery of a new-built vessel, M/V Fugro Pioneer, the first of Fugro’s dedicated Offshore Survey Costal Vessel series. Featured on Stand 11121 at EWEA Offshore Amsterdam, the new vessel will operate in North-West European waters. Designed to Fugro specifications and fitte
Northern Offshore, Ltd. has reported that its subsidiary, Northern Offshore U.K. Limited, has received a early declaration from Maersk Olie og Gas AS (“Maersk”) exercising both of the remaining one-year options for the jackup Energy Endeavour. The anticipated commencement date of the option period i
Awilco Drilling PLC confirmed yesterday the signing of the contract with Ithaca Energy (UK) Limited for the provision of WilHunter to drill the Hurricane appraisal well in the Central North Sea. The contract value is estimated to be USD 15.7 million. The contract is expected to commence mid Q1 2012.
The Economist is organizing the “World Oceans Summit” (Singapore, 22-24 Feb 2012), which will bring together a program of more than 200 global leaders from various sectors and disciplines, including business, government, academia, international organizations and NGOs. The World Ocean Council (WOC) i
After almost five years since the establishment of the company in January 2007, Cai Mep International Terminal Co., Ltd (CMIT) was today officially opened by HRH The Crown Prince of Denmark and Mr. Ngo Thinh Duc – Vice Minister of Transportation. HRH The Crown Prince of Denmark is visiting Vietnam f