Repsol has been rated as a “Gold Class” company for the fourth consecutive year, in the “Sustainability Yearbook 2011” complied by PricewaterhouseCoopers together with Sustainable Asset Management (SAM), an independent company that produces the annual assessments for the Dow Jones Sustainability Ind
German wind farm developer, PNE WIND AG, and the wind turbine supplier Vestas have agreed to an exclusive cooperation agreement for offshore wind farms in the North Sea. Building upon the successful cooperation on the development of the Gode Wind II offshore wind farm, PNE WIND’s Gode Wind I and III
The specification sets out the terms of reference for the research project: refining sea-bed process models for aquaculture. The project will consider the physical processes determining the distribution of solid wastes from marine aquaculture and the resulting ecosystem response as represented in th
AHTS Far Scimitar (2008, UT 712 L, 14.688 BHP) and AHTS Far Sky (1991, ME 303 mkII, 13.382 BHP) have both been awarded a 14 month firm contract by Apache Energy to support drilling operations offshore Western Australia. The charters will commence in March and include an option on each vessel for fur
Exxon Mobil Corporation said today it would donate $1 million to the Japanese Red Cross Society to provide disaster relief assistance in response to the recent earthquake and tsunami in Japan. The company has also implemented a worldwide program to match employee, retiree, dealer and distributor don
Vantage Drilling Company reports a net loss of $13.0 million or $0.05 per diluted share for the three months ended December 31, 2010 as compared to net loss of $4.3 million or ($0.02) per diluted share for the three months ended December 31, 2009. Net loss for the fiscal year ended December 31, 2010
Paul van Maanen (48) has joined Van der Velden® Marine Systems as Executive Vice President. He brings with him years of experience as a Managing Director in the shipbuilding and aircraft industries. Van Maanen will join the Corporate Executive Board and be co-responsible for the overall operation an
The specialist for propulsion and power solutions Tognum decided at the meeting of the Supervisory Board on 14 March 2011, that Dieter Royal (47) will join the Executive Board as the new member responsible for the Finance and Corporate Services Division effective 1 October 2011. Dieter Royal succeed
Havila Shipping ASA has successfully completed the issuance of a new NOK 600 million secured bond. Final maturity date is in March 2017. The bond will be sought listed on the Oslo Stock Exchange. The net proceeds from the bond issue will be directed towards long term financing of the vessel Havila S
Neptune Marine Services Limited announces the Chief Executive Officer of MTQ Corporation Ltd, Mr Boon Wee Kuah, has joined the Neptune Board of Directors. Earlier this month, the Singapore-based company became a key cornerstone investor in Neptune. Neptune’s Chairman, Ross Kennan, said Mr Kuah’s app
Aminex announces that it has signed a rental contract for use of the Caroil-6 drill rig at Nyuni Island, offshore Tanzania. The Caroil-6 will be used to drill the Nyuni-2 well, targeting a large Neocomian-age gas prospect, and the rig will be mobilised to Nyuni Island within 60 days. Nyuni-1 was dri
Havila Shipping ASA has successfully completed the issuance of a new NOK 600 million secured bond. Final maturity date is in March 2017. The bond will be sought listed on the Oslo Stock Exchange. The net proceeds from the bond issue will be directed towards long term financing of the vessel Havila S
Apache Northwest Pty Ltd as Operator of the WA-399-P exploration permit within the Carnarvon Basin, offshore Western Australia, has advised that the “Gazelle” 3D seismic acquisition programme covering the entire permit was completed on schedule on 11 March 2011. The seismic data will be processed an
Neptune Marine Services Limited announces the Chief Executive Officer of MTQ Corporation Ltd (MTQ), Mr Boon Wee Kuah, has joined the Neptune Board of Directors. Earlier this month, the Singapore-based company became a key cornerstone investor in Neptune. Neptune’s Chairman, Ross Kennan, said Mr Kuah
