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Business & Finance

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KOWAG Holds its Final Meeting on April 26th in Machrihanish Village Hall (UK)
Business & Finance

KOWAG Holds its Final Meeting on April 26th in Machrihanish Village Hall (UK)

Last July the population of West Kintyre united in horror at proposals by Crown Estate and SSE for the siting of a gargantuan windfarm a … (kintyreoffshorewindfarmag) [mappress] Source: kintyreoffshorewindfarmag, April 13, 2011

about 15 years ago
Trelleborg Completes Acquisition of Brazilian Offshore O&G Business from Veyance Technologies
Business & Finance

Trelleborg Completes Acquisition of Brazilian Offshore O&G Business from Veyance Technologies

Trelleborg’s acquisition of a business in the offshore oil and gas industry in Brazil from a subsidiary of Veyance Technologies has been finalized. The business focuses on specially designed oil hoses for surface and deep-sea applications for the strongly growing offshore oil and gas extraction indu

about 15 years ago
Norway: PGNiG Expects Great Benefits from Skarv, the Largest Investment Project on the NCS
Business & Finance

Norway: PGNiG Expects Great Benefits from Skarv, the Largest Investment Project on the NCS

Polskie Górnictwo Naftowe i Gazownictwo SA (PGNiG SA) is completing preparations to produce oil and gas from the Skarv field on the Norwegian Continental Shelf (NCS). In early May 2011, a floating production, storage and offloading (FPSO) vessel will arrive at the drilling site. The FPSO is the worl

about 15 years ago
USA: CAMAC Energy CEO Steps Down
Business & Finance

USA: CAMAC Energy CEO Steps Down

CAMAC Energy Inc. , a U.S.-based energy company engaged in the exploration, development and production of oil and gas, today announced that Chief Executive Officer and President, Byron A. Dunn, has decided with the Board of Directors to resign his positions with the Company, effective immediately. T

about 15 years ago
Ghana: Tullow Encounters Gas Condensate at Tweneboa-4 Appraisal Well
Business & Finance

Ghana: Tullow Encounters Gas Condensate at Tweneboa-4 Appraisal Well

The Tweneboa-4 appraisal well in the Deepwater Tano licence offshore Ghana has successfully encountered gas condensate in good quality sandstone reservoirs. Results of drilling, wireline logs and samples of reservoir fluids have confirmed the western extent of the Tweneboa gas condensate accumulatio

about 15 years ago
Seadrill Secures Contract for West Menang Rig in Malaysia. Orders New Tender Rig in China
Business & Finance

Seadrill Secures Contract for West Menang Rig in Malaysia. Orders New Tender Rig in China

Seadrill has been awarded an 18 month contract by Murphy Sabah Oil Co Ltd for the semi tender rig West Menang to operate on the Kikeh Spar deepwater field in Malaysia. Estimated contract value is approximately US$100 million (including mobilization and modification of approximately US$14 million), a

about 15 years ago
USA: The Sun Never Sets on VMI Dredge
Business & Finance

USA: The Sun Never Sets on VMI Dredge

The founder of VMI, Gene Maitlen, used to say “The sun never sets on a VMI dredge”. He knew that somewhere in the world someone was using one of his dredges. That statement has been especially true lately, since VMI has sold 7 dredges outside of the US in the past year alone. […]

about 15 years ago
Republic of Korea Navy Orders New Schilling Robotics HD™ ROV System (USA)
Business & Finance

Republic of Korea Navy Orders New Schilling Robotics HD™ ROV System (USA)

Schilling Robotics, LLC, experts in subsea systems, announced today the order for a new 150hp, 3,000m rated HD™ ROV system from GMB USA, Inc. for delivery to the Republic of Korea (ROK) Navy. This order reflects the expansion of the ROK Navy’s salvage and rescue operations. The exceptional performan

about 15 years ago
Polarcus Closes Offering of USD 125 Million of Senior Secured Convertible Bonds (U.A.E)
Business & Finance

Polarcus Closes Offering of USD 125 Million of Senior Secured Convertible Bonds (U.A.E)

Polarcus Limited announced that, due to overwhelming investor demand, the Company has decided to close the previously announced offering of USD 125 million in principal amount of Senior Secured Convertible Bonds . The Bonds to be issued by Polarcus are convertible into common shares with an annual c

about 15 years ago
Deep Sea Supply Announces Contract Extension for ‘Sea Bear’ Vessel (Cyprus)
Business & Finance

Deep Sea Supply Announces Contract Extension for ‘Sea Bear’ Vessel (Cyprus)

Deep Sea Supply announces that the AHTS vessel “Sea Bear” has been awarded a 9 month contract extension from Melittah Gas for operations in the Mediterranean until January 2012. “Sea Bear” will replace “Sea Cheetah” which has been working under this contract. Deep Sea Supply Plc is an offshore suppl

about 15 years ago
Cyprus: Deep Sea Supply Secures Contract Extension for its AHTS Vessel
Business & Finance

Cyprus: Deep Sea Supply Secures Contract Extension for its AHTS Vessel

Deep Sea Supply announces that the AHTS vessel “Sea Bear” has been awarded a 9 month contract extension from Melittah Gas for operations in the Mediterranean until January 2012. “Sea Bear” will replace “Sea Cheetah” which has been working under this contract. DEEP SEA SUPPLY Plc Deep Sea Supply Plc

about 15 years ago
Singapore: Keppel Enters FPSO Upgrade Contract with Petrofac
Business & Finance

Singapore: Keppel Enters FPSO Upgrade Contract with Petrofac

Keppel Shipyard announces it has secured a fast-track project for the upgrading of a FPSO vessel from Petrofac International (UAE) LLC, a subsidiary of Petrofac. The upgrading of the ex-FPSO East Fortune includes refurbishment and life extension works, engineering, fabricating, installing and integr

about 15 years ago
DOF Subsea AS Contemplates Issuance of New Unsecured Bonds (Norway)
Business & Finance

DOF Subsea AS Contemplates Issuance of New Unsecured Bonds (Norway)

DOF Subsea AS is contemplating the issuance of new unsecured bonds in the Norwegian bond market with maturity in April 2016. The contemplated bond issue will have a minimum issue amount of NOK 500 million. Net proceeds from the contemplated bond issue will be used to refinance existing bonds and for

about 15 years ago
IBRV Araon Research Vessel Carries Out Scientific Studies on Seabed Minerals in Tongan Waters
Business & Finance

IBRV Araon Research Vessel Carries Out Scientific Studies on Seabed Minerals in Tongan Waters

A Korean research vessel will carry out scientific studies on seabed minerals in Tongan waters over the next several months… (scoop) [mappress] Source:scoop , April 12, 2011;

about 15 years ago
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