The M/V Orange was delivered to Higman Barge Lines, of Houston, Texas, yesterday. The 78’x34’ vessel left Hope Services Shipyard’s facility en route to Channelview, Texas, where it will pick up its first tow. The 78’x34’ vessel is the fourth vessel in this class size that Hope Services has built for
The Bureau of Safety and Environmental Enforcement (BSEE) issued a Safety Alert relating to the Macondo well blowout. The Safety Alert was distributed to oil and gas leaseholders and contractors working on the Outer Continental Shelf (OCS). It briefly summarizes the findings of the Joint Investigati
IAS® has unveiled a new generation of cloud technology to address the complexities associated with planning, pricing, booking and executing inland container haulage. Developed as an extension to the industry-leading IAS DispatchManager, a web solution that automates the container haulage work order
Bergen Group Hanøytangen is awarded contract for a one-week yard stay for the accommodation rig Safe Caledonia. The yard stay will take place in Q4 this year, and represents the fourth rig project for Bergen Group Hanøytangen in the 2nd half of 2011. During the yard stay that includes some modificat
Taewoong Co., a maker of parts for wind-power plants, rose as much as 15 percent in Seoul trading after South Korea’s energy ministry said… By Saeromi Shin (bloomberg) [mappress] Source: bloomberg, November 11, 2011
Chinese state-owned oil company Sinopec Group said on Friday it had agreed to pay $3.54 billion to Portuguese oil firm Galp Energia for a… By Judy Hua, Wan Xu and Ken Wills (Reuters) [mappress] Source: Reuters, November 11, 2011
The Group reported a profit after tax of NOK 254 million in the third quarter of 2011 compared to NOK 344 million in the same period of 2010. The Group’s profit after tax for the first three quarters of 2011 was NOK 774 million. The corresponding figure for 2010 was NOK 1 630 million. The […]
Gamesa continued to expand profitably during the first nine months of 2011, throughout which it continued to focus on strengthening expansion abroad, efficient management and cost control, launching new products, and maintaining the pace of activity in all business areas, with results in line with 2
The Bureau of Safety and Environmental Enforcement (BSEE) yesterday issued a Safety Alert relating to the Macondo well blowout. The Safety Alert was distributed to oil and gas leaseholders and contractors working on the Outer Continental Shelf (OCS). It briefly summarizes the findings of the Joint I
An oil leak near Chevron’s Frade field off Brazil’s coast, which had temporarily halted work there, is from a natural seep on the seabed… (Reuters) [mappress] Source: Reuters, November 11, 2011
Kosmos Energy announced yesterday financial results for the third quarter 2011. The Company generated net income attributable to common shareholders of $52 million in the third quarter of 2011, or $0.13 per basic and diluted share. This compares to a net loss attributable to common unit holders of $
On 25 July 2011, the boards of ZF Friedrichshafen AG (“ZF”) and Hansen Transmissions International NV (“Hansen”) announced the terms of a recommended cash offer for the entire issued and to be issued share capital of Hansen to be made by ZF International BV, a wholly owned subsidiary of ZF. On 6 Oct
On 25 July 2011, the boards of ZF Friedrichshafen AG (“ZF”) and Hansen Transmissions International NV (“Hansen”) announced the terms of a recommended cash offer for the entire issued and to be issued share capital of Hansen to be made by ZF International BV, a wholly owned subsidiary of ZF. On 6 Oct
Deep Down, Inc. an oilfield services company specializing in products and services for the deepwater and ultra-deepwater oil and gas industry, reported $606 thousand of net income for the third quarter of 2011, an improvement of $5.0 million, or greater than 800 percent, over the same period in 2010
