NewLead Holdings Ltd., an international, vertically integrated shipping company, today announced that on May 10, 2011 it acquired the 2003-built, 34,682 dwt, Handysize dry bulk vessel, Newlead Prosperity, for a total consideration of $24.5 million. The Newlead Prosperity was initially delivered unde
RigNet, Inc., a leading global provider of managed communications solutions for the oil and gas industry, announced that its subsidiary in Oman, RigNet Middle East LLC, has been awarded a Class III VSAT license. This license allows RigNet to serve Oman’s oil and gas industry, both onshore and offsho
A Middleboro company working with Cape Wind has formed a multinational joint venture with two other firms to build structures for wind… By Herald Staff (bostonherald) [mappress] Source: bostonherald, May 17, 2011;
A Middleboro company working with Cape Wind has formed a multinational joint venture with two other firms to build structures for wind… By Herald Staff (bostonherald) [mappress] Source: bostonherald, May 17, 2011;
RBG has worked with a number of suppliers to improve the safety and effectiveness of a range of fabric maintenance technology. RBG worked with MONTI and its UK distributor, Belzona Polymerics Ltd to enhance the Hand-Arm Vibration (HAV) daily usage limit of MONTI’s MBX® Bristle Blaster®. The lightwei
Russia’s Lukoil and the EBRD today announced that the financing for Shah Deniz, the largest offshore gas field development in the Caspian Sea, had achieved full completion. Shah Deniz is now the largest new gas field in the region, serving both the Azeri and Georgian domestic gas markets, as well as
Hercules Offshore annouced that Craig M. Muirhead has been appointed to the position of Vice President and Treasurer. Mr. Muirhead joined the company in January 2007 as a Corporate Finance Analyst and most recently served as Assistant Treasurer. Prior to joining Hercules Offshore, he served in vario
A subsea cable firm’s Tees Valley facility is expected to play an important part in its future growth as it looks to concentrate on its key… (thenorthernecho) [mappress] Source: thenorthernecho,May 17, 2011;
In April Cargotec confirmed a new order vfor 21 MacGregor ariable frequency drive (VFD) electric cranes to be installed on seven 28,000 dwt multipurpose cargo ships. The ships will be built at Huanghai Shipbuilding in China for Ethiopian Shipping lines, and the MacGregor cranes are scheduled for del
Today, eight builders and operators of German offshore wind farms have concluded a joint venture agreement under the umbrella of the German Offshore Wind Foundation. The aim is to research and develop the efficiency of various noise reduction methods in the construction of offshore wind farms. The f
DHT Holdings, Inc. yesterday announced: DHT has time chartered in a VLCC built 2003 at Hitachi for a period of 16 to 18 months at a rate of USD 27,000 per day. DHT has a continuous option during the charter to purchase the vessel at USD 65 million for the first 6 month period, USD […]
Halliburton announced that it will present at the 2011 UBS Global Oil and Gas Conference on Tuesday, May 24, 2011, at 7:30 a.m. Central Daylight Time. Interested parties may listen to the presentation live over the Internet at https://www.halliburton.com About Halliburton Founded in 1919, Halliburto
Lundin Petroleum AB (Lundin Petroleum) announces that it has commenced its Malaysian drilling campaign with the spud of the Tarap-1 well in the SB 303 Block offshore Sabah, East Malaysia. The well will target Miocene sandstones in the Kindu sub basin. The well will be drilled with the Offshore Coura
NaiKun Wind Energy Group (“the Company” or “NaiKun Wind”) today announced its financial results for the three months ended March 31,… (naikun) [mappress] Source: naikun, May 17, 2011
