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India: Rickmers-Linie Recognized as Breakbulk Operator of the Year at MALA 2011
Business & Finance

India: Rickmers-Linie Recognized as Breakbulk Operator of the Year at MALA 2011

Rickmers-Linie has been awarded “Shipping Line of the Year – Breakbulk Operator” at the All India Maritime and Logistics Awards 2011 (MALA) in a ceremony held on 30 September in Mumbai. MALA was organized for the second time by EXIM India. Rickmers-Linie is the leading specialist in the global trans

about 15 years ago
Chalk Fields Still Have a Lot to Offer, NPD Says
Business & Finance

Chalk Fields Still Have a Lot to Offer, NPD Says

The Norwegian Petroleum Directorate (NPD), the Danish Energy Agency and ten oil companies will cooperate on research and development and share experience to improve recovery from chalk fields on the Norwegian and Danish shelves. The NPD and the Danish Energy Agency have taken the initiative for the

about 15 years ago
Qatar: Xtera Wins Contract from GBI to Deploy 100G on Terrestrial and Undersea Network Upgrades
Business & Finance

Qatar: Xtera Wins Contract from GBI to Deploy 100G on Terrestrial and Undersea Network Upgrades

Gulf Bridge International (GBI), the Middle East’s first carrier neutral regional network, and Xtera Communications, a leading global provider of optical networking solutions, announced the signing of a multi-year, sole source contract. Under the terms of this contract, Xtera Communications will sup

about 15 years ago
Valiant Announces Spud of Zapffe Prospect in Norwegian Barents
Business & Finance

Valiant Announces Spud of Zapffe Prospect in Norwegian Barents

Valiant Petroleum plc announces that drilling operations have commenced on the Zapffe exploration prospect (Valiant, 10%), located in PL518 in the Norwegian Barents Sea. The well is drilled by the Aker Barents semi-submersible rig and is targeting a Lower Cretaceous/Upper Jurassic pinch-out play loc

about 15 years ago
DOF Secures Contract Extension for Skandi Flamengo PSV in Brazil
Business & Finance

DOF Secures Contract Extension for Skandi Flamengo PSV in Brazil

DOF has, through its Brazilian subsidiary Norskan Offshore Ltda, signed a contract with Petrobras for Skandi Flamengo. The contract will commence in October 2011 and has a firm duration of 4 years. Skandi Flamengo is a PSV of UT 755 L design built in Brazil in 2003. Platform Supply Vessels transport

about 15 years ago
Singapore Rigbuilders’ Shares Rise on Positive Forecasts
Business & Finance

Singapore Rigbuilders’ Shares Rise on Positive Forecasts

Shares of Singapore rig builders Keppel Corp and Sembcorp Marine climbed on Monday after analysts said they could secure more orders and aft… Reporting by Eveline Danubrata (Reuters) [mappress] Source: Reuters, October 17, 2011;

about 15 years ago
USA: Dakota Creek Industries Signs Contract for Auxiliary General Oceanographic Research Ship
Business & Finance

USA: Dakota Creek Industries Signs Contract for Auxiliary General Oceanographic Research Ship

Dakota Creek Industries, Inc., Anacortes, Wash., is being awarded a $74,141,319 fixed-price modification to previously awarded contract (N00024-10-C-2201) for the detail design and construction of the ocean class Auxiliary General Oceanographic Research ship. The effort will also include technical m

about 15 years ago
Dakota Creek Industries Wins Contract for Auxiliary General Oceanographic Research Ship (USA)
Business & Finance

Dakota Creek Industries Wins Contract for Auxiliary General Oceanographic Research Ship (USA)

Dakota Creek Industries, Inc., Anacortes, Wash., is being awarded a $74,141,319 fixed-price modification to previously awarded contract (N00024-10-C-2201) for the detail design and construction of the ocean class Auxiliary General Oceanographic Research ship. The effort will also include technical m

about 15 years ago
Bowleven Announces Drilling Success, Offshore Cameroon
Business & Finance

Bowleven Announces Drilling Success, Offshore Cameroon

Bowleven, the West Africa focused oil and gas exploration group traded on AIM, on Friday (October 14) announced the discovery of oil at the Sapele-3 exploration well drilling in the Douala Basin, offshore Cameroon. Sapele-3 drilling update The Sapele-3 well is located circa 16 kilometers North West

about 15 years ago
Australia: Construction on Incat’s New Catamarans Progressing
Business & Finance

Australia: Construction on Incat’s New Catamarans Progressing

Incat Crowther announced that construction is well advanced on three new catamaran ferries to its design. Two 32-metre ferries and one 24-metre ferry will be operated by Riverside Marine to transport workers between Gladstone, Queensland and the new LNG plant on Curtis Island. By focusing on passeng

about 15 years ago
South Korea: DSME Lands Rig, Drillship Orders Worth USD 1.95 Billion
Business & Finance

South Korea: DSME Lands Rig, Drillship Orders Worth USD 1.95 Billion

Daewoo Shipbuilding & Marine Engineering said on Monday that it had secured a combined $1.95 billion worth of deals… Reporting by Hyunjoo Jin and Ju-min Park; Editing by Jonathan Hopfner (Reuters) [mappress] Source:Reuters, October 17, 2011;

about 15 years ago
Emirates Shipping Line Joins ICS India China Service
Business & Finance

Emirates Shipping Line Joins ICS India China Service

Emirates Shipping Line today announces its participation in the EKIS service with NYK which is due to start on 29th October. Emirates Shipping Line has slots on this premier service from Korea & China to India. The service is to commence on 29th October with the first sailing from Pusan. The port ro

about 15 years ago
Falkland Islands: Rockhopper Exploration to Secure Additional Drilling Slot
Business & Finance

Falkland Islands: Rockhopper Exploration to Secure Additional Drilling Slot

Rockhopper Exploration plc, the North Falkland Basin oil and gas exploration company, announces that it has entered into a further assignment agreement to secure an additional well slot using the Ocean Guardian drilling rig. Rockhopper intends to utilise the additional well slot to drill a well on t

about 15 years ago
USA: GDEB Gets Modification Contract for Nuclear Submarines
Business & Finance

USA: GDEB Gets Modification Contract for Nuclear Submarines

General Dynamics Electric Boat Corp., Groton, Conn., is being awarded a $429,162,324 modification to previously awarded cost-plus-fixed-fee contract (N00024-11-C-2111) to exercise an option for design agent, planning yard, engineering ,and technical support for active nuclear submarines. This contra

about 15 years ago
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