The Board of Mediterranean Oil & Gas Plc , the central Mediterranean focused producer, developer and explorer of oil and gas assets, announces that it has entered into a short term secured loan with affiliates of certain of substantial shareholders, namely affiliated investment funds of Och-Ziff Cap
On Nov. 1st, 2011, the leading ship “Tai Hang 118” of the series of four 47500 DWT bulk carriers for Tai Hang Shipping Co., Ltd. under Shanxi Coal International Energy Group was smoothly named and launched on the 80,000 tonner slipway by China Shipping Industry (Jiangsu) Co., Ltd. (CICJS), which is
Aubin, a leading independent supplier of specialist chemicals to the energy industry, has announced a strategic partnership with an agent in the Middle East who will promote the company’s full range of specialist chemicals and services in the UAE and Oman. The partnership agreement with Leaders Oilf
– Kreuz Holdings Limited (“Kreuz” or together with its subsidiaries, the “Group”), a subsea service provider for the oil and gas industry, today announced that the Group has secured its fifth set of contract wins worth approximately US$57.5 million from the Swiber Group. The value of this set of con
Bentley Systems, Incorporated, the leading company dedicated to providing comprehensive software solutions for sustaining infrastructure, announced the acquisition of FormSys, based in Perth, Australia. This software development company has a proven, twenty-year track record in 3D design, analysis,
Kreuz Holdings Limited , a subsea service provider for the oil and gas industry, announced that the Group has secured its fifth set of contract wins worth approximately US$57.5 million from the Swiber Group. The value of this set of contract wins is made up exclusively from subsea work components fo
The Board of Mediterranean Oil & Gas Plc , the central Mediterranean focused producer, developer and explorer of oil and gas assets, announces that it has entered into a short term secured loan with affiliates of certain of the company’s substantial shareholders, namely affiliated investment funds o
Lamprell , a leading provider of specialist engineering services to the international offshore and onshore oil & gas and renewables industries, announces that it has received a new contract award from Jindal Pipes (Singapore) Pte Limited (“Jindal”), based in Singapore, for the construction and deliv
Bentley Systems, Incorporated, the leading company dedicated to providing comprehensive software solutions for sustaining infrastructure, announced the acquisition of FormSys, based in Perth, Australia. This software development company has a proven, twenty-year track record in 3D design, analysis,
Det Norske Veritas Certification, Inc. (DNV) recently awarded ISO 9001:2008 certification to BIRNS, Inc., an industry leader in designing and manufacturing unique lines of high performance lights, connectors, penetrators and cable assemblies for the planet’s most demanding environments. BIRNS has he
More seawater is being pumped into the submerged number 5 starboard wing tank on the Rena to purge pockets of air that have so far prevented heavy fuel oil from being pumped onto the tanker Awanuia, Maritime New Zealand (MNZ) said. MNZ Salvage Unit Manager Kenny Crawford said that all the equipment
Petrobras’ CEO, José Sergio Gabrielli de Azevedo, gave a presentation this Monday (Nov 7) at the Brazilian Chamber of Commerce in Japan (BCCJ), Tokyo, regarding the company’s huge demand for equipment, logistic and infrastructure in its 2011-2015 Business Plan. In his address, Mr. Gabrielli highligh
China Oilfield Services Limited announces the successful completion of a well fracturing test operation at Ningbo 14-3-1 in East China Sea. At 4,950 meters, this operation writes a new record for depth of fracturing operation COSL has ever performed. The quality of this hydraulic fracturing operatio
The site of what is now Rotterdam’s Yangtzehaven was inhabited by humans in the Middle Stone Age. At a depth of 20 metres, in the sea bed, unique underwater archaeological investigation found traces of bone, flint and charcoal from around 7000 BC. These finds are the very first scientific proof that