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Malaysia: Schlumberger Opens WesternGeco Penang Product Centre
Business & Finance

Malaysia: Schlumberger Opens WesternGeco Penang Product Centre

Schlumberger today inaugurated the WesternGeco Penang Product Centre (WPPC) dedicated to the manufacturing and support of state-of-the-art marine and land seismic equipment designed to illuminate complex geologies, improve operational efficiencies and deliver superior data quality. Tan Sri Nor Moham

about 15 years ago
Bermuda Based Seadrill Buys Ownership Stake in Asia Offshore Limited
Business & Finance

Bermuda Based Seadrill Buys Ownership Stake in Asia Offshore Limited

Seadrill has participated in a private placement in Asia Offshore Drilling Limited and has been allocated shares for US$54 million which corresponds to a 33.75 percent ownership stake. Asia Offshore Drilling was established by Mermaid Maritime Public Company Limited in late 2010 when two MOD-V B Cla

about 15 years ago
Schlumberger Opens World-Class Facility in Malaysia to Support Global Demand for Geophysical Services
Business & Finance

Schlumberger Opens World-Class Facility in Malaysia to Support Global Demand for Geophysical Services

Schlumberger inaugurated the WesternGeco Penang Product Centre (WPPC) dedicated to the manufacturing and support of state-of-the-art marine and land seismic equipment designed to illuminate complex geologies, improve operational efficiencies and deliver superior data quality. Tan Sri Nor Mohamed Yak

about 15 years ago
Germany: GL Announces Changes in Management Structure of Maritime Services Organisation
Business & Finance

Germany: GL Announces Changes in Management Structure of Maritime Services Organisation

GL Group announces a number of changes in the management structure of its Maritime Services organisation. The new operational structure is designed to further enhance GL’s focus on customer demand and reinforce the service orientation of the classification society. The changes reflect the transforma

about 15 years ago
Norway: RWE Dea Norge Appoints New Managing Director
Business & Finance

Norway: RWE Dea Norge Appoints New Managing Director

As from today, Hans-Joachim Polk will be the new Managing Director of RWE Dea Norge. Polk joined RWE Dea as far back as 1992, directly after graduating with a masters’ degree in petroleum engineering from the technical university of Clausthal-Zellerfeld. In the course of his career, Polk spent three

about 15 years ago
USA: General Dynamics NASSCO Lands USD 60 Million MLP Contract
Business & Finance

USA: General Dynamics NASSCO Lands USD 60 Million MLP Contract

General Dynamics NASSCO announced today that it has received a $60 million contract from the U.S. Navy to purchase long-lead materials for the construction of a third Mobile Landing Platform (MLP) ship. NASSCO is already under contract to build two MLP ships. With this new contract, NASSCO will plac

about 15 years ago
Australia: Inpex Announces Ichthys Project Corporate Restructuring
Business & Finance

Australia: Inpex Announces Ichthys Project Corporate Restructuring

INPEX CORPORATION (INPEX) announced today that its affiliate INPEX BROWSE, LTD. (the Company), which has been acting as Operator of the Ichthys Project, has decided to undertake a legal restructure that requires the transfer of the Company’s assets to newly created Australian companies. This will be

about 15 years ago
Vietnam International Container Terminals Project Launched
Business & Finance

Vietnam International Container Terminals Project Launched

On June 15, a Vietnam International Container Terminals project, undertaken by CCCC Second Harbour Engineering Company Limited (SHEC), was launched. Located in the new town of Ba Ria, Vung Tau Province, Vietnam, the project involves a 800-meter-long 200,000t container terminal and three bridge appro

about 15 years ago
Vacon Supplies Motor Control System for UT-1 Submersible Ultra-Trencher (UK)
Business & Finance

Vacon Supplies Motor Control System for UT-1 Submersible Ultra-Trencher (UK)

The UT-1 submersible ultra-trencher, built by underwater engineering specialist SMD and owned and operated by CTC Marine, is the world’s mos… (Electrical Portal) [mappress] Source: Electrical Portal, July 01, 2011;

about 15 years ago
Norway: Cecon Announces Market Update
Business & Finance

Norway: Cecon Announces Market Update

Following the completion of the restructuring activities of Cecon this winter, focus has been marketing the company’s services using modular spreads on third party vessels. With the 1600t Sampson DPIII pipelay / heavy lift vessel being part of the company’s marketed portfolio, focus has shifted to a

about 15 years ago
China’s Manned Deep-Diving Submersible Begins Journey for 5.000-Meter Dive in Pacific Ocean
Business & Finance

China’s Manned Deep-Diving Submersible Begins Journey for 5.000-Meter Dive in Pacific Ocean

The Jiaolong, China’s manned deep-diving submersible, began its journey on Friday for a 5,000-meter dive in the Pacific Ocean, following… (China Daily) [mappress] Source: China Daily, July 01, 2011;

about 15 years ago
Australia: Austal Wins USD 313 Million JHSV 6 and 7 Contract
Business & Finance

Australia: Austal Wins USD 313 Million JHSV 6 and 7 Contract

The U.S. Navy has exercised contract options funding the construction of the sixth and seventh Joint High Speed Vessel (JHSV), as part of a ten-vessel program potentially worth over US$1.6 billion. The construction contract for both vessels is valued at approximately US$313 million. Austal Chief Exe

about 15 years ago
Cecon Provides Market Update (Canada)
Business & Finance

Cecon Provides Market Update (Canada)

Following the completion of the restructuring activities of Cecon this winter, focus has been marketing the company’s services using modular spreads on third party vessels. With the 1600t Sampson DPIII pipelay / heavy lift vessel being part of the company’s marketed portfolio, focus has shifted to a

about 15 years ago
Hendrich Stays Managing Director and CEO of MEO Australia
Business & Finance

Hendrich Stays Managing Director and CEO of MEO Australia

The Board of Directors of MEO Australia Limited (MEO or the Company) announced that Managing Director and Chief Executive Officer, Mr Jürgen Hendrich, has entered into a new employment agreement with MEO and will continue in the position of Managing Director and Chief Executive Officer with effect f

about 15 years ago
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