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China: COSL Well Services Division Hit by Penglai Incident. Seismic Segment Grows
Business & Finance

China: COSL Well Services Division Hit by Penglai Incident. Seismic Segment Grows

China Oilfield Services Limited today announced its unaudited results for the nine months ended 30 September 2011(“the period”). During the period, the Group boosted its operation capacity in large-scale equipments with four 200-ft jack-up rigs, one semi-submersible rig and one 12-streamer seismic v

about 15 years ago
Belgium: Hydrex’s Ecospeed Helps Shipowners Achieve their Ecological Goals
Business & Finance

Belgium: Hydrex’s Ecospeed Helps Shipowners Achieve their Ecological Goals

The underwater hull coating Ecospeed offers a TBT-free, copper free, biocide-free and silicone oil free solution for the protection of the underwater hull. The Ecospeed hull protection and performance system is today’s Best Available Technology for reduction of fuel consumption, GHG and other emissi

about 15 years ago
China: COSL Releases 2011 Third Quarter Unaudited Results
Business & Finance

China: COSL Releases 2011 Third Quarter Unaudited Results

China Oilfield Services Limited announced its unaudited results for the nine months ended 30 September 2011. During the period, the Group boosted its operation capacity in large-scale equipments with four 200-ft jack-up rigs, one semi-submersible rig and one 12-streamer seismic vessel commencing ope

about 15 years ago
Belgium: Boskalis Wins Harbour Towage Concession for Port of Zeebrugge
Business & Finance

Belgium: Boskalis Wins Harbour Towage Concession for Port of Zeebrugge

Royal Boskalis Westminster N.V. has been awarded the sole concession via SMIT Towage Northwest Europe for the provision of harbour towage services in the Port of Zeebrugge, Belgium. The seven year contract was awarded by MBZ to URS, part of SMIT Towage Northwest Europe. The concession represents, ba

about 15 years ago
Norway: Mature Offshore Fields Call for Quick Action, Petoro Says
Business & Finance

Norway: Mature Offshore Fields Call for Quick Action, Petoro Says

A strong cash flow to the government and strong additions to oil and gas reserves are highlights of Petoro’s accounts for the State’s Direct Financial Interest (SDFI) for the third quarter of 2011. Net cash flow in the first nine months was NOK 97.3 billion, up 18.8 bn from the same period last year

about 15 years ago
IBM and SEAI Launch Wave Energy Project Offshore Ireland
Business & Finance

IBM and SEAI Launch Wave Energy Project Offshore Ireland

IBM and The Sustainable Energy Authority Ireland (SEAI) are working together to understand and minimize the environmental impact of converting wave energy into electricity. This project, the first to use real-time streaming analytics for monitoring underwater noise generated by wave energy conversio

about 15 years ago
German Shipowner Places Seven Chemical Tankers with Navig8 Chemicals
Business & Finance

German Shipowner Places Seven Chemical Tankers with Navig8 Chemicals

German based owner Bernhard Schulte has agreed to place 7 chemical tankers of 16,500 dwt in Navig8’s BRIZO-8 Pool. The agreement, which comes one year after the Ruth Schulte, a 13,000 dwt chemical tanker joined the Taras-8 Pool, will bring the total count of Schulte vessels in Navig8’s pools to eigh

about 15 years ago
Malaysia: Petronas Denies Speculation over its Licensing System
Business & Finance

Malaysia: Petronas Denies Speculation over its Licensing System

Malaysia’s state oil firm Petronas said on Friday it has not changed its policy of awarding licences to companies involved in its oil and gas production areas. Reporting by Niluksi Koswanage (Reuters) [mappress] Source: Reuters, October 28, 2011

about 15 years ago
Fugro Conducts ALB Survey in Australia
Business & Finance

Fugro Conducts ALB Survey in Australia

Fugro has been awarded the contract to conduct an Airborne LiDAR Bathymetry (ALB) survey of the Queensland Sunshine Coast (Australia) to be conducted during October and November 2011. The primary purpose of the survey is to develop a high resolution digital elevation model and other derived products

about 15 years ago
USA: Nation Must Make Decisions on Modernizing Seaports, Says Head of SCPA
Business & Finance

USA: Nation Must Make Decisions on Modernizing Seaports, Says Head of SCPA

In testimony submitted to a Congressional committee that oversees both maritime and inland transportation, the head of the South Carolina Ports Authority (SCPA) said the nation must make sound decisions on modernizing the nation’s seaports. On Wednesday, the U.S. House Transportation and Infrastruct

about 15 years ago
France: Total Reports Higher Third Quarter Profits
Business & Finance

France: Total Reports Higher Third Quarter Profits

French oil major Total posted higher quarterly earnings on Friday as stronger crude prices and improved profitability in its refining busine… (Reuters) [mappress] Source: Reuters, October 28 , 2011;

about 15 years ago
Marinette Marine Starts Construction of US Navy’s Fifth LCS
Business & Finance

Marinette Marine Starts Construction of US Navy’s Fifth LCS

Lockheed Martin,led industry team, held a keel-laying ceremony at Marinette Marine’s shipyard for the future USS Milwaukee, the U.S. Navy’s fifth Littoral Combat Ship (LCS). The term, lay the keel, in shipbuilding language, means the beginning of a significant undertaking, which is the start of the

about 15 years ago
USA: Crystal Cruises Wins ‘Best Cruise Line’ Award
Business & Finance

USA: Crystal Cruises Wins ‘Best Cruise Line’ Award

In a huge affirmation of cruise industry excellence, Condé Nast Traveler magazine (U.S.) readers have named Crystal Cruises of the NYK Group, the “Best Cruise Line” (mid-sized) for 2011 and rated the line higher than any cruise line, large or small. The ultra-luxe line’s victorious score of 93, its

about 15 years ago
Germany: Linde Group Sees Growth Opportunities Despite Crysis
Business & Finance

Germany: Linde Group Sees Growth Opportunities Despite Crysis

In the third quarter of 2011, the technology company The Linde Group built on its good business performance in the first half of the financial year, achieving significant increases in Group sales and Group operating profit in the nine months to 30 September 2011. “We are continuing to make good prog

about 15 years ago
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