KCA DEUTAG, the leading international drilling and engineering contractor, has won a competitive tender for a new drilling contract from the international energy company Statoil to provide drilling services at the Kvitebjørn gas and condensate field on the Norwegian Continental Shelf. The contract i
El Paso Pipeline Partners today reported first quarter 2011 financial and operational results. Highlights: — $0.57 earnings per common unit for first quarter 2011, an 8 percent increase from first quarter 2010 — $230 million adjusted EBITDA for the first quarter 2011, up 35 percent from first quarte
Denis Morais is the winner of this year’s GL COMPIT Award. At the COMPIT Conference taking place this week in Berlin, the Canadian IT expert was honoured for his contributions to promote frontier technologies in shipbuilding. The award is sponsored by classification society Germanischer Lloyd (GL).
Deltamarin has signed an agreement with Nantong Mingde Heavy Industry about the design of totally seven new Equinox Class Self Unloading and Gearless Bulk Carriers to be built for Algoma Central Corporation and the Canadian Wheat Board. Deltamarin will take care of the Basic and Detail design of the
Beach Energy Limited released monthly drilling report ended 4 May 2011. Beach Operated Cooper-Eromanga Basin Gas – PEL 106FI Block The Canunda-1 extended production test is continuing. The well is now shut in for an extended pressure build-up, analysis of which will provide insight into reservoir si
Höegh LNG (HLNG) plans a private placement of approximately USD 200 million in May to expand its fleet of LNG re-gasification vessels, with subsequent listing on Oslo Stock Exchange in June. The market for LNG is developing favourably and the demand for new LNG production, shipping and re-gasificati
The Government should renegotiate “hugely and unnecessarily expensive” EU targets to boost renewable power by 2020, a think tank urged… (utilityproducts) [mappress] Source: utilityproducts, May 05, 2011;
Member for Cleveland Mark Robinson has called on the State Government and Redland City Council to “stop buck passing” and deliver a major up… (baysidebulletin) [mappress] Source: baysidebulletin, May 5, 2011;
The oil tanker “Jin Hai Tong” was well repaired by CIC Boluomiao Shipyard and re-delivered to the owners on April 29, 2011. Ship-owners were very satisfied with this repair service, they said to the yard manager: “The repair technology, working quality & safety is very good! We will come here first
Port Arthur leaders now have a better idea of a Port Arthur natural gas company’s plans for a $6 billion dollar expansion project… (kcentv) [mappress] Source: kcentv, May 5, 2011;
E.ON operating earnings were again strong in 2010, more than EUR9 billion of planned EUR15 billion divestment target are already delivered. Management has recommended dividend of EUR1.50 per share. “E.ON faces substantial business and energy-policy challenges. But our solid balance sheet and clear c
On Friday, May 6, U.S. Environmental Protection Agency Administrator Lisa P. Jackson will convene an official meeting of the Gulf Coast Ecosystem Restoration Task Force in Mobile, Alabama. The meeting will further the task force’s ongoing commitment to supporting the conservation and restoration of
The News reported that Karachi Shipyard & Engineering Works Limited aims to get back on its feet with scores of new projects including a fir… (steelguru) [mappress] Source: steelguru, May 5, 2011;
Sri Lanka will develop the Kankesanturai port in the Tamil-dominated northern Jaffna peninsula with Indian aid, a government spokesman has s… (deccanherald) [mappress] Source: deccanherald, May 5, 2011;
