Tap Oil Limited announced on 4 May 2011 that it had agreed to sell its 25% interest in WA-351-P, offshore Carnarvon Basin, Western Australia, to Japan Australia LNG (MIMI) Pty Ltd for a cash consideration of US$30,154,000. In addition, MIMI were to pay Tap’s 20% share of the next exploration well in
Hamworthy has won a contract to supply pump room systems for 11 vessels to be delivered to the China Shipping Group (CSG). The first three systems are destined for installation on three CSG 112,000 dwt aframax newbuildings, to be constructed at Dalian Shipbuilding Industry Company (DSIC). The remain
Navigation along the River Niger is now feasible with the additional N10 billion spent by the Federal Government to remove 6.1 million… By David Ogah (nairaland) [mappress] Source: nairaland, June 2, 2011
Santos announced that gas production had commenced from the Halyard-1 well, located in the Greater East Spar development area offshore Western Australia. Halyard gas will be produced via the East Spar pipeline and processed through the Varanus Island gas plant, which also processes Santos’ gas from
CM Nitish Kumar is learnt to have sent a letter to external affairs minister S M Krishna urging him to impress on Nepal the need to… By Abhay Singh (indiatimes) [mappress] Source: indiatimes, June 2, 2011
The key laying of two CSD’s 500 will take place on Thursday June 2 in Sharjah (UAE). VOSTA LMG signed a contract with Jordan Modern Industries (JMI) for supply of two CSD’s 500 in March 2011. The two dredgers will be built at APT Global Marine services LCC, and will be used by the Ministry […
A number of seaports in Ho Chi Minh City’s outskirts are underperforming, causing a huge waste of infrastructure and undermining… (viipip) [mappress] Source: viipip, June 2, 2011
Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it has entered into three credit agreements with Japanese governmental financial institutions amounting to US $122.4 million to finance the acquisition of three Ja
The U.S. Army Corps of Engineers, New England District is proposing to perform maintenance dredging of the Federal navigation channel in the vicinity of the Chelsea Street Bridge in Boston and Chelsea, Mass. The replacement of the existing Chelsea Street Bridge with a new vertical lift bridge by oth
Cheniere Energy, Inc. announced the pricing of its previously announced offering of its common stock at a price per share of $10.35. The size of the offering has been upsized from 8,700,000 shares to 11,000,000 shares. The company has also granted the underwriter a 30-day option to purchase up to an
Hess Corporation declared a regular quarterly dividend of 10 cents per share payable on the Common Stock of the Corporation on June 30, 2011 to holders of record at the close of business on June 16, 2011. Hess Corporation, with headquarters in New York, is a global integrated energy company engaged
The Gazprom Board of Directors considered the issues of promoting the use of natural gas and liquefied petroleum gas (LPG) as a motor fuel in the public transport sector and in large Russian cities. The Management Committee was tasked to make the appropriate efforts in cooperation with the state aut
The Kaohsiung Harbor Bureau has resolved to spend NT$2 billion to rebuild wharves, including the dredging of three wharves at the… By Ben Shen (cens) [mappress] Source: cens, June 2, 2011
The future of the increasingly worn section of coast known as Surfer’s Beach will be the subject of a public meeting Monday. By Lily Bixler (hmbreview) [mappress] Source: hmbreview, June 2, 2011
