The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Henri Proglio, Chairman and CEO of EDF Group (France). The meeting focused on EDF entry in the shareholding structure of the South Stream AG joint project company. The meeting
ExxonMobil Thursday reported its first quarter 2011 results. HIGHLIGHTS • Earnings were $10,650 million, an increase of 69% or $4,350 million from the first quarter of 2010. • Earnings per share were $2.14, an increase of 61%. • Capital and exploration expenditures were $7.8 billion, up 14% from the
The Danish Defence Acquisition and Logistics Organization has signed a contract with Terma for the delivery of radar systems for the Danish Navy’s three new frigates of the IVER HUITFELDT class, which are expected to enter operational service in 2013. The radar is intended for surveillance and rescu
Strategic Marine has signed another repeat order with Western Australian company Bhagwan Marine to deliver two new vessels to service the WA’s offshore oil and gas industry, including the Gorgon Project. The new contracts for a 49.5 metre and 38 metre landing craft follows the delivery of a 48 metre
The Al Khattiya LNG carrier, with a capacity of 210,000 cubic metres, is due to arrive in the UK’s South Hook terminal May 6, according to the Milford Haven Port Authority website. The South Hook terminal can process 15.6 million tonnes of LNG a year and is capable of delivering 21 billion cubic met
The Great Eastern Shipping Company Ltd. (G E Shipping) took delivery of its new building Kamsarmax dry bulk carrier “Jag Aditi”. The vessel of about 80,700 dwt was built at STX Offshore & Shipbuilding Co.Ltd, South Korea. With the induction of “Jag Aditi”, the Company’s fleet stands at 35 vessels, c
ExxonMobil has formally submitted its application to develop the Hebron oilfield — outlining heftier production platform costs, an … By Moira Baird (The Telegram) [mappress] Source:The Telegram, April 29,2011;
OAO NOVATEK announced that the Annual General Meeting of Shareholders (AGM) has approved the election of new members to the Board of Directors. The Board of Directors is comprised of the following members: Andrei I. Akimov: Chairman of the Management Board of Gazprombank; Burckhard Bergmann: member
A container ship carrying 2,850 containers docked at the Magampura Mahinda Rajapaksa International Port in Hambanthota yesterday… (colombopage) [mappress] Source: colombopage, April 29, 2011
The construction of the first of the three bunker-type ships ordered by the Fleet Modernization and Expansion Program (Promef) began on April 26, by the shipyard Superpesa, in Rio de Janeiro. The start of the works, celebrated with the cutting of the first steel plate, is Superpesa’s premiere in Pro
The Cebu Port Authority (CPA) will soon start the dredging the Cebu International Port (CIP), the domestic ports including Pier 1 to Pier… By Elias O. Baquero (sunstar) [mappress] Source: sunstar, April 29, 2011
Capital dredging in the main channel of the country’s major maritime port commences from the first week of May, port officials said. (thefinancialexpress-bd) [mappress] Source: thefinancialexpress-bd, April 29, 2011
The Martinez Marina is in hot water, financially speaking, and some Martinez officials are ready to close it down and let it return to… By Jim Caroompas (martinez) [mappress] Source: martinez, April 29, 2011
Qatar would donate $100 million to Japan to help in the country’s reconstruction after the devastating earthquake in March, a media report s… [mappress] Source: yahoo, April 29, 2011;