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Norway: Marathon Oil Scores Discovery on Earb South
Business & Finance

Norway: Marathon Oil Scores Discovery on Earb South

Marathon Oil Norge AS has completed the drilling of wildcat well 25/10-11 testing the Earb South prospect in PL505. The well was drilled about 8 km southwest of the small 25/7-2 discovery and 40 km south of the Heimdal Field in the northern Norwegian North Sea. The well encountered three separate hy

about 15 years ago
The Netherlands: EECV Invests 20 Million Euros in Coal Terminal Expansion
Business & Finance

The Netherlands: EECV Invests 20 Million Euros in Coal Terminal Expansion

EECV is investing 20 million Euros in the expansion of the terminal in the Europoort for handling coal. This increases the storage capacity by around 50% and transhipment of coking coal can increase by a third. The expansion should be ready in 2013 and is a reaction to the reduction of coal extracti

about 15 years ago
UK: Petrobras to Splash USD 224.7 Billion on Investments Over 5 Years, CEO Says
Business & Finance

UK: Petrobras to Splash USD 224.7 Billion on Investments Over 5 Years, CEO Says

This Monday (Aug 1) Petrobras CEO, José Sergio Gabrielli de Azevedo, announced in London the company’s Business Plan for 2011-2015 to an audience of around 70 people, including investors, analysts and entrepreneurs. The plan foresees investments of US$ 224.7 billion for the period. Also taking part

about 15 years ago
OSX Brasil Announces Plan of Activities for 2011-2015
Business & Finance

OSX Brasil Announces Plan of Activities for 2011-2015

OSX Brasil S.A., a brazilian publicly held corporation focused on the supply of equipment and services to the offshore oil and gas industry, through integrated operations in shipbuilding, chartering of exploration and production (E&P) units, and operation and maintenance (O&M) services, informs of i

about 15 years ago
South Africa: SEACOM and Infinera Announce Successeful Trial of 1732 km Long Cable Network
Business & Finance

South Africa: SEACOM and Infinera Announce Successeful Trial of 1732 km Long Cable Network

SEACOM and Infinera Corp, a leading US-based digital optical networking equipment supplier, announced that they had achieved a global first by successfully trialling five 100 Gigabit per second (100 Gb/s) channels of coherent optical transmission over a distance of 1732 kilometres. The 500Gb/s trial

about 15 years ago
NYK Coal Carrier Shin-Sakaide Rescues Two French Sailors in Distress
Business & Finance

NYK Coal Carrier Shin-Sakaide Rescues Two French Sailors in Distress

On July 29, Shin-Sakaide, an NYK coal carrier, rescued two French sailors in a troubled small motorboat off the east coast of Australia. The Frenchmen requested rescue after the helm of their wooden motorboat broke. Shin-Sakaide was sailing from Matsuura, Nagasaki, to Newcastle, Australia, when the

about 15 years ago
Newport News Shipbuilding Redelivers USS Albany
Business & Finance

Newport News Shipbuilding Redelivers USS Albany

Huntington Ingalls Industries (NYSE:HII) today announced that the company’s Newport News Shipbuilding division has successfully redelivered the Los Angeles-class submarine USS Albany (SSN 753) to the U.S. Navy. The redelivery took place on July 29, one day earlier than originally planned, following

about 15 years ago
Germany: Prysmian Wins USD 284.2 Million Contract for HelWin2 Project
Business & Finance

Germany: Prysmian Wins USD 284.2 Million Contract for HelWin2 Project

Prysmian, world leader in the energy and telecommunications cables and systems industry, has been awarded a new major contract worth in excess of € 200 million by the Dutch-German grid operator TenneT for the connection project HelWin2, linking offshore wind farms in the North Sea to mainland German

about 15 years ago
UK: Hamworthy Strengthens Its Board
Business & Finance

UK: Hamworthy Strengthens Its Board

Hamworthy plc a world leader in the design and manufacture of innovative marine and offshore fluid handling systems, announced the appointment of Simon James Nicholls to the board as a non-executive director with effect from 1 September 2011. Mr Nicholls, aged 47, is currently Group Finance Director

about 15 years ago
Brazil: Petrobras Completes Drilling of Second Extension Well In Guara Area
Business & Finance

Brazil: Petrobras Completes Drilling of Second Extension Well In Guara Area

Petrobras announces that it has completed drilling of the second extension well in Guará area, 3-SPS-82A (3-BRSA-923A-SPS), located in the Santos Basin pre-salt. Informally known as Guará Sul (South Guará), the well was drilled 5.7 km south of wildcat discovery well (1-SPS-55). In a water depth of 2

about 15 years ago
China: Jiaolong Starts its Fifth Test Dive
Business & Finance

China: Jiaolong Starts its Fifth Test Dive

China’s manned deep-sea submersible, the Jiaolong, kicked off its fifth test dive eight hours ago at the northeast Pacific Ocean. In its fi… (xinhua) [mappress] Source: xinhua, August 2, 2011;

about 15 years ago
USA: Jensen Maritime Completes Custom Design Work for New ASD Tugboat
Business & Finance

USA: Jensen Maritime Completes Custom Design Work for New ASD Tugboat

Jensen Maritime Consultants, Inc., recently completed the custom design work for the Bob Franco, a new Azimuth Stern Drive (ASD) tugboat for Harley Marine Services. The vessel – measuring 120 feet in length and 35 feet in width – is one of the first to be powered by Tier III CAT C175 engines, which

about 15 years ago
UK: STATS BISEP Isolation Facilitates Replacement of Piping System on Piper Bravo
Business & Finance

UK: STATS BISEP Isolation Facilitates Replacement of Piping System on Piper Bravo

Wood Group on behalf of Talisman Energy UK, required an isolation to be conducted on a 3 inch Air Line on-board the Piper Bravo. The isolation would facilitate a deconstruct workscope allowing replacement of pipework and include the addition of a new valve to the system. The platform was currently i

about 15 years ago
UK: TGS Starts New Multi-client 3D Survey in Faroe-Shetland Basin
Business & Finance

UK: TGS Starts New Multi-client 3D Survey in Faroe-Shetland Basin

TGS has commenced a new multi-client 3D survey in the Faroe-Shetland Basin. The survey covers 2,500 km2 west of the British Isles over quads 6004, 204 and 205 and is acquired in partnership with PGS. The new seismic data is being acquired by the PGS Ramform Viking towing 12 X 6,000 m with 75 m [&hel

about 15 years ago
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