Petroceltic International plc (PCI.L) (“Petroceltic” or “the Company”), the independent oil & gas exploration company focussed on the Middle East, North Africa and Mediterranean region, today advises that on 30th June the Italian Minister of Environment, Stafania Prestigiacomo, announced at a confer
Libya is banking on future discoveries, not its reserves, to back plans for expanding its gas exports… [mappress] Source: The National – Abu Dhabi , July 2, 2010;
DANA Petroleum has received a takeover approach from South Korea’s national oil company (KNOC) understood to value the explorer at up to… [mappress] Source: Business,July 2, 2010;
Having revolutionized the Fast Supply Vessel market with its 42.5knot CrewZer class catamarans, Incat Crowther have now set their sights on the title of the world’s largest ever Fast Supply Vessel. The ever-evolving design firm has been contracted to assist with the design of a 225’ aluminum monohul
Rialto Energy Limited engaged RPS Energy Pty Ltd (RPS) to prepare a Competent Persons Report (CPR), in respect of Block CI-202, to review and appraise the existing discoveries and two newly identified Prospects within the existing 3D seismic data coverage. The report concludes the following key high
PD Ports has announced that it will channel significant investment into the first phase of expansion plans at Teesport in the UK, which will potentially involve some £29 million of total investment. Frans Calje, PD Ports’ MD Unitised, said: “I am delighted to announce that we will shortly commence w
Online pre-registration for Offshore Energy 2010 is now open. Visitors can get their free entrance ticket on www.offshore-energy2010.com. Offshore Energy, organized for the international offshore industry, is the only event in The Netherlands combining an exhibition with an extensive conference prog
Technip has been awarded by BP two significant contracts, with a combined total value in the region of £100 million ($150.22 million). The first award, a three year diving repair & maintenance (R&M) frame agreement contract with two further one year options, covers all diving and R&M activities for
The 2011 edition will take place from April 7th to April 10th at the Port Vauban in Antibes. Antibes Yacht Show is the only Yacht Show in the Mediterranean area for BROKERAGE and CHARTER. It’s the best time to come and chose a yacht, just before the start of the season.
With several deepwater projects successfully completed over the last few years and in recognition of the growth potential in South-East Asia, Jumbo Offshore has decided to open a new Regional Office in Perth, Australia. The office is headed by Mr Sjoerd Meijer, Business Development Manager Australia
A bill that requires cruise ships to tighten security measures and report alleged crimes is awaiting President Obama’s approval. The Senate on Wednesday passed the Cruise Vessel Security and Safety Act, after it received broad bipartisan support in the House with a vote of 416-4 last year.
Commodity shipping costs measured by the Baltic Dry Index extended the longest decline in almost five years as a surplus of ships for hire overwhelmed demand. The fleet capacity of vessels for dry bulk commodities, such as iron ore and coal, will expand 16 percent this year, according to estimates f
SBM Offshore N.V. announces the following: 1. Extension of the LPG FSO NKOSSA II lease and operate contract from Total E&P Congo Total E&P Congo, acting as Operator of the Nkossa licence in Congo (a Joint Venture between Total E&P Congo, Chevron Overseas Congo and Société Nationale des Pétroles du C
Around 250 jobs will be created in the first phase of plans for a £29m expansion of the North East’s biggest port. Teesport owner PD Ports has said it is about to start work on the £15m first stage of the plan to dramatically increase capacity at the Middlesbrough commercial port – the third biggest