Halliburton has been notified that an award of approximately $200 million has been issued to Barracuda & Caratinga Leasing Company (BCLC) by the panel hearing an arbitration proceeding filed by BCLC against KBR. The arbitration proceeding is related to a contract between BCLC and KBR for the develop
On Tuesday, September 27th the third Oceangoing Patrol Vessel (OPV), FRIESLAND, left the Damen Shipyard from Galati, Romania for her Sea Acceptance Trials. After a journey of 150 kilometres along the Danube, the ship has arrived at the Black Sea where it will be conducting tests for the next 10 days
Overnight from 25 to 26 September 2011, the GRANDE SIERRA LEONE docked at the Unikai terminal at the Port of Hamburg for the first time. It is the first sailing of the newbuild in the West Africa service operated by Grimaldi Lines. The GRANDE SIERRA LEONE joins the “Southern Express” service of the
The ministry of petroleum plans to attract $50 billion by which development of most remaining phases of the South Pars gas field will come to an end, Iran’s minister of petroleum, Rostam Qasemi announced . He went on to say that, the petroleum ministry plans on funding other oil and gas fields would
The Port of Felixstowe, the UK’s largest container port, formally opens a new deep water shipping terminal. The new terminal which consists of two berths – Berths 8&9 – is the first stage of a £1 billion plus inward investment programme in Hutchison’s UK ports. Currently the Port of Felixstowe deals
The Petroleum Safety Authority Norway (PSA) is hosting a seminar at its premises in Stavanger on Wednesday 19 October 2011 concerning pipelines and risers – both rigid and flexible. The focus will be on pipeline integrity from a systems perspective. The purpose of the seminar is to enhance general k
In a meeting held today, the Board of Directors of IBERDROLA approved the change in the company’s registered office address in Bilbao to the Iberdrola Tower building, Plaza Euskadi nº 5. The move requires that article 4.1 of the company’s Articles of Association be amended. The move to the new corpo
Aberdeen offshore wind firm, SeaEnergy, has warned investors it has been targeted by a scam, after being alerted by shareholders. (bbc) [mappress] Source: bbc, September 28, 2011
The Petroleum Safety Authority Norway (PSA) is hosting a seminar at its premises in Stavanger on Wednesday 19 October 2011 concerning pipelines and risers – both rigid and flexible. The focus will be on pipeline integrity from a systems perspective. The purpose of the seminar is to enhance general k
Fendercare Marine’s recently established diving division has picked up it’s first major contract, extending the group’s profile within the… (oilonline) [mappress] Source: oilonline, September 28, 2011;
Marlink and Thrane & Thrane have joined forces for the introduction of the brand new Thrane & Thrane SAILOR 900 VSAT antenna, which was commercially released in September 2011. Marlink has agreed to add the innovative new Ku-band antenna to its VSAT portfolio and offer it to its extensive global cus
The government and Reliance Industries are formulating a strategy to ramp up output from the KG-D6 block by 30-35 million metric standard… Source: Economic Times [mappress] Source: Economic Times, September 28, 2011;
Grup Servicii Petroliere announces its participation at Offshore Energy 2011. GSP Offshore, a company known in the Black Sea region for its technological expertise in offshore drilling and construction, well intervention services and naval supply, confirmed that it will participate at Offshore Energ
In preparation for the winter season of Holland America Line’s sailings from the Port of Tampa, the Tampa Port Authority (TPA) announces completion of enhancements at its Cruise Terminal 6, which will be the new home for the cruise line’s 1,270-passenger Ryndam, which home ports in Tampa. The termin