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Qatar: Barzan Gas Project Estimated Cost Hits USD 10.3 Billion
Business & Finance

Qatar: Barzan Gas Project Estimated Cost Hits USD 10.3 Billion

Qatar’s Barzan gas project to supply its booming domestic demand is now expected to cost $10.3 billion, Qatari energy minister Mohammed al-S… Source: Reuters [mappress] Source: Reuters, November 1, 2011

about 15 years ago
Singapore: COSCO Nantong Delivers Installation Vessel
Business & Finance

Singapore: COSCO Nantong Delivers Installation Vessel

The Board of Directors of COSCO Corporation (Singapore) Limited announced that COSCO (Nantong) Shipyard Co., Ltd, a subsidiary of the Company’s 51% owned COSCO Shipyard Group Co., Ltd, has delivered another windmill turbine installation vessel (WTIV) “MPI DISCOVERY” to its European buyer. The “MPI D

about 15 years ago
UK: HB Rentals Wins North Sea Offshore Accommodation Contract
Business & Finance

UK: HB Rentals Wins North Sea Offshore Accommodation Contract

Global offshore accommodation specialist HB Rentals has been awarded a contract worth approximately half a million pounds to supply two salvage barges with offshore accommodation and accessories in the North Sea. HB Rentals will provide a salvage vessel with a full rental package including eight 3ft

about 15 years ago
Norway: DONG Hires Skandi Constructor from DOF Subsea
Business & Finance

Norway: DONG Hires Skandi Constructor from DOF Subsea

DOF Subsea, a subsidiary of DOF ASA, has signed a contract with DONG for Skandi Constructor. The contract will commence 1st November and has a firm duration of 3 months. DONG can extend the contract with additional 2 months. DOF was founded in 1981 and is today an international group of companies wh

about 15 years ago
East Yorkshire Gets GBP 25 Million for Renewable Energy Job Training (UK)
Business & Finance

East Yorkshire Gets GBP 25 Million for Renewable Energy Job Training (UK)

MILLIONS of pounds have been awarded to train East Yorkshire’s renewables workers of the future. The Government is giving £25 million to the region in a move that could eventually generate several thousand jobs in the offshore windfarm industry. The cash has been awarded as part of a joint bid by Hu

about 15 years ago
East Yorkshire Gets GBP 25 Million for Renewable Energy Job Training (UK)
Business & Finance

East Yorkshire Gets GBP 25 Million for Renewable Energy Job Training (UK)

MILLIONS of pounds have been awarded to train East Yorkshire’s renewables workers of the future. The Government is giving £25 million to the region in a move that could eventually generate several thousand jobs in the offshore windfarm industry. The cash has been awarded as part of a joint bid by Hu

about 15 years ago
ROMAR to Support Shell UK’s Well Abandonment Ops
Business & Finance

ROMAR to Support Shell UK’s Well Abandonment Ops

Aberdeenshire-based oilfield service company ROMAR International has announced a contract award with Shell UK. The scope of work involves ROMAR providing swarf handling equipment and personnel to recover metal cuttings during the plugging and abandonment of six wells for the UK oil major. The ROMAR

about 15 years ago
Japan: Nissho Shipping’s Vessel Receives Approval from PMA
Business & Finance

Japan: Nissho Shipping’s Vessel Receives Approval from PMA

A new vessel being built at Japanese shipyard Naikai Zosen Corporation for shipowner Nissho Shipping Co., Ltd. became the first vessel to receive approval from the Panama Maritime Authority (PMA) In accordance with part 7.3.2.2 of the IMSBC code governing carriage of cargoes which may liquefy on 17

about 15 years ago
UK: ICoTA Draws Finalists for European Chapter Innovation Award
Business & Finance

UK: ICoTA Draws Finalists for European Chapter Innovation Award

Leading oil and gas body, the Intervention & Coiled Tubing Association (ICoTA), has announced the finalists for its prestigious European Chapter Innovation Award. Petroleum Technology Company (PTC), Oilenco, Schlumberger, BP Exploration & Production and Red Spider have been shortlisted for the covet

about 15 years ago
UK: ICoTA Announces Finalists of European Chapter Innovation Award
Business & Finance

UK: ICoTA Announces Finalists of European Chapter Innovation Award

Leading oil and gas body, the Intervention & Coiled Tubing Association (ICoTA), has announced the finalists for its prestigious European Chapter Innovation Award. Petroleum Technology Company (PTC), Oilenco, Schlumberger, BP Exploration & Production and Red Spider have been shortlisted for the covet

about 15 years ago
The Netherlands: Dredge Yard Launches Various Dredge Pipe Pieces
Business & Finance

The Netherlands: Dredge Yard Launches Various Dredge Pipe Pieces

Dredge Yard, provider of latest dredging technology and equipment has announced the launch of complete line of dredge pipe pieces. The dredge pipe pieces are used on board of dredgers to connect the dredge pump with the discharge pipe. Dredge Yard specialists designed the dredge pipe pieces in diffe

about 15 years ago
Carnegie Wave Energy Reports Quarter Results (Australia)
Business & Finance

Carnegie Wave Energy Reports Quarter Results (Australia)

During the quarter Carnegie Wave Energy Limited received independent verification of the results of its CETO 3 deployment confirming the peak unit capacity at 203kW. This was the primary aim of the CETO 3 project and its verification brings to a close the most significant technical milestone complet

about 15 years ago
Dry Well Offshore Congo, Lundin Petroleum Says
Business & Finance

Dry Well Offshore Congo, Lundin Petroleum Says

The exploration well Mindou Marine-1, located offshore in Block Marine XI Congo (Brazzaville), has reached total depth at 3,515 metres. The well did not encounter oil shows in the target pre-salt section. The well will now be logged, and a full geological interpretation of the results will be undert

about 15 years ago
Norway: Kvaerner 3Q Revenues Drop on Low Activity Level
Business & Finance

Norway: Kvaerner 3Q Revenues Drop on Low Activity Level

Kvaerner had operating revenues of NOK 2 623 million in the third quarter. Earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to NOK 169 million, resulting in an EBITDA margin of 6.2 percent. The third quarter has been a solid operational quarter, with financial results i

about 15 years ago
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