Apache Corporation reported production of 752,000 barrels of oil equivalent (boe) per day and earnings of $983 million, or $2.50 per diluted share, for the three-month period ending Sept. 30, 2011. These compare with production of 667,000 boe per day and net income of $765 million, or $2.12 per dilu
On October 3, 2011, FreeSeas, a transporter of dry-bulk cargoes through the ownership and operation of a fleet of Handysize and Handymax vessels, entered into an agreement to sell the M/V Free Lady, a 2003-built, 50,246 dwt Handymax dry bulk carrier, for a sale price of approximately $21.9 million.T
McDermott International, Inc. announced that one of its subsidiaries has won an engineering, procurement, construction and installation (“EPCI”) project for Oil and National Gas Corporation Ltd.’s (“ONGC”) Cluster 7 Development Program. The value of this award will be included in McDermott’s third q
Arctech Helsinki Shipyard Inc. started the production of second icebreaking supply vessel for Russian shipping company Sovcomflot at the Helsinki Shipyard 2 November 2011. Both vessels will be delivered in April 2013. The main purpose for the vessels is to supply the Arkutun-Dagi oil and gas product
Arctech Helsinki Shipyard Inc. started the production of second icebreaking supply vessel for Russian shipping company Sovcomflot at the Helsinki Shipyard 2 November 2011. Both vessels will be delivered in April 2013. The main purpose for the vessels is to supply the Arkutun-Dagi oil and gas product
VESTAS has been awarded funds to develop massive offshore wind turbine blades in the latest round of the government’s Regional Growth Fund… By Ross Findon (iwcp) [mappress] Source: iwcp, November 03, 2011
Aberdeen-headquartered offshore energy support company ETPM has acquired Pirie & Smith, a local professional firm of marine surveyors… SubseaUK [mappress] Source: SubseaUK, November 03, 2011;
Trident Energy, the independent developer of enabling technology for the offshore renewables sector, today announced the strengthening of its management team to support the development of its innovative PowerPod system. The team will be based in the Company’s new central Glasgow office. Trident Ener
Trident Energy, the independent developer of enabling technology for the offshore renewables sector, today announced the strengthening of its management team to support the development of its innovative PowerPod system. The team will be based in the Company’s new central Glasgow office. Trident Ener
Serica Energy plc confirms the announcement made yesterday by the Namibian Ministry of Mines and Energy at the 18th Africa Upstream Conference being held in Cape Town that Serica has been awarded an 85% interest in a Petroleum Agreement covering four large blocks and part blocks in the prospective L
On Oct. 28th morning, the steel cutting ceremony for 82,000 DWT bulk carrier J0110 was held in Dock 1 in Jinhai Shipyard as a subsidiary company of Jinhai Heavy Industry. 82,000DWT bulk carrier is a new optimized and upgraded production on the basis of 79,600DWT bulk carrier in mature ship-type. Com
Warwickshire tidal energy business TidalStream has been given the go-ahead on a £12 million project after securing major investment from… (leamingtoncourier) [mappress] Source: leamingtoncourier, November 03, 2011;
United Nations agencies in Paris launched a plan to improve the management of oceans and coastal areas. The Blueprint for Ocean and Coastal Sustainability sounds the alarm about the health of the oceans, and explains how they influence our everyday life by regulating the climate, providing highly-nu
Cargotec has received an order for a Siwertell ship unloader type ST790-D from the Indian Farmers Fertiliser Cooperative Ltd (IFFCO), Paradeep Unit. The enclosed screw-type unloader will be used to discharge rock phosphate and sulphur at a rated capacity of 1,800 t/h. “IFFCO wanted a totally enclose
