In October Cargotec secured two contracts worth around EUR 15 million for complete MacGregor RoRo access and transfer systems for deepsea Container/RoRo (ConRo) vessels. “Both of these contracts are for vessels that will carry general and project cargo, as well as various type of RoRo cargo, and thi
Britain’s Cove Energy PLC believes its offshore Mozambique Rovuma block it is exploring has an upside potential of 40 trillion cubic feet of… Source: Reuters [mappress] Source:Reuters , November 1, 2011;
General Cable Corporation , one of the most globally diversified industrial companies, reported results for the third quarter ended September 30, 2011. Diluted earnings per share for the third quarter of 2011 were $0.07. Included in these results were $0.10 per share of non-cash convertible debt int
Intertek, a leading provider of quality testing, inspection and safety services to a wide range of industries around the world, today announced the launch of its SHIPCARE Marine Services, a global program providing bunker fuel testing, inspection, ship engine and lubricant analysis, along with other
Lamprell , a leading provider of specialist engineering services to the international oil and gas and renewables industry, announced this morning that it has been awarded two new construction contracts by Nexen Petroleum U.K. Limited in relation to the Golden Eagle Development in the UK North Sea, w
Genesis Energy, L.P. announced yesterday that it has entered into definitive agreements to acquire from Marathon Oil Company interests in several Gulf of Mexico crude oil pipeline systems, including its 28% interest in Poseidon Oil Pipeline Company, L.L.C., its 29% interest in Odyssey Pipeline L.L.C
Another milestone agreement has been reached between the Panama Canal Authority and the Port of Miami – Administrator and CEO of the Panama Canal Authority (ACP), Alberto Alemán Zubieta, and Port of Miami Director, Bill Johnson, have renewed a Memorandum of Understanding (MOU) to promote trade oppor
Genesis Energy, L.P. announced that it has entered into definitive agreements to acquire from Marathon Oil Company interests in several Gulf of Mexico crude oil pipeline systems, including its 28% interest in Poseidon Oil Pipeline Company, L.L.C., its 29% interest in Odyssey Pipeline L.L.C., and its
In October 2011 Deep Sea Supply`s AHTS fleet (all 12 AHTS Vessels) had an average gross income of approx. USD 19,600 per ship per day compared to USD 15,800 in September. The PSV fleet (all 8 PSVs) had an average gross income of approx. USD 20,000 per ship per day compared to USD 20,200 in […
This Monday, (31/10), in Singapure, Petrobras’ CEO, Mr. José Sergio Gabrielli de Azevedo talked about the the last 5 years increase in oil consumption, highlighting that markets such as China, India, Brazil, South America and Africa presented very promising opportunities for the oil and gas sector.
Huntington Ingalls Industries announced today that the company’s Ingalls Shipbuilding division has been awarded a $13 million contract for continued work on the U.S. Navy’s Zumwalt(DDG 1000) class of destroyers. This is a modification to a previously awarded contract. “This contract modification pro
WFS Technologies announces the appointment of Derek Blackwood, OBE, President of Wood Group PSN Americas region, to its Board of Directors. Derek began his career as a student apprentice with BP Tanker Company gaining an HND in Marine Engineering. He worked in a variety of roles within the oil & gas
On 29 October, Saturday, Ust-Luga Port hosted a visiting session of «The Baltic Forum of Compatriots» organized with the support of the Leningrad Region Government. The principal goal of the forum was to discuss the problems related to disseminating objective information about Russia abroad. The for
Energy Partners, Ltd. yesterday announced it has executed a purchase and sale agreement to acquire oil and natural gas assets in the shallow-water central Gulf of Mexico (GOM) from a subsidiary of Stone Energy Corporation for $80.0 million. The transaction involves additional interests in the Main P
