26 August 2008 – Aker Solutions has been awarded several contracts for supply of offloading systems. The total contract value for Aker Solutions is approximately NOK 85 million. The contract awards are from the Joint Venture Euronav/OSG and MODEC International LLC for the supply of offloading system
27 August 2008 – Aker Solutions has signed contracts for delivery of two drilling equipment packages, and an option for a third package, with Sevan Marine ASA. The total contract value for the two firm contracts for Aker Solutions is approximately USD 240 million. The contracts will cover delivery o
Solutia Inc. said Monday it named James Voss, senior vice president of Solutia and president of its technical specialties division, as the new manager of the company’s nylon business. While president of technical specialties, Voss led the integration of Flexsys into Solutia. Prior to that, he served
The fifth venue of the 2008 Audi MedCup – Carthagena, Spain – proved to be just as challenging as expected yesterday, with Platoon powered by Team Germany coming out on top to take the practice race win. With between 9 and 11 knots of wind the Carthagena race course was affected by two wind systems:
BMW Oracle Racing’s new 90-foot multihull yacht touched water for the first time yesterday (24 August). In a team gathering at the water’s edge, the carbon fiber boat was lowered into Fidalgo Bay in front of the boat yard where it was constructed on the Anacortes waterfront. Melinda Erkelens, Golden
The Stanford Antigua Sailing Week continues to attract top racing boats from around the world to compete for the Lord Nelson’s Trophy. Following on from a successful 2008 edition, a new Race Committee was appointed to review the event and chart the way forward – a new format for 2009. The 2009 editi
The battle for Russian and Kazakhstan operator Imperial Energy looks like it is coming to a close with the company confirming an offer from India’s ONGC Videsh. Today Imperial said it is “finalising the terms of a possible recommended pre-conditional cash offer” with ONGC Videsh based on 1,250 pence
A Houston-headquartered geoscientific software company has opened new offices in Moscow following on from customer contacts with Russia’s Rosneft and Lukoil. SMT – Seismic Micro-Technology- which offers PC-based geoscientific interpretation, launched the new office on the back of selling its Kingdom
A former senior executive with Transocean who went on to co-found the Norwegian-based AGR group has been appointed as the new head of Sevan Drilling. Stein Giljarhus, who was senior vice president of operations for Transocean and who then co-founded AGR where he was executive chairman and chief exec
Providence Resources has finished drilling work on its Hook Head appraisal well offshore Ireland and says operations will start shortly on an appraisal of the Dunmore oil discovery. The Hook Head appraisal well (50/11-4) was drilled on the north-west flank of the Hook Head structure with the GSF Arc
After months of dispute between the White House and federal fisheries scientists, the Department of Commerce proposed on Monday to limit oceangoing ship speeds to 10 knots within 20 nautical miles of the Atlantic ports along migration routes of the endangered right whale.
PIRAEUS, GREECE–(MARKET WIRE)–Aug 25, 2008 — Omega Navigation Enterprises, Inc. (NasdaqGM:ONAV – News) (SGX: ONAV50), a provider of global marine transportation services focusing on product tankers, announced today its financial and operational results for the second quarter and six months ended Jun
Lawsuit by Metal Trades Department Against U.S. Coast Guard Rejected PHILADELPHIA–(BUSINESS WIRE)–In a decision filed today the U.S. District Court of the Eastern District of Pennsylvania has upheld the United States Coast Guard interpretation of the Jones Act as it relates to the modern building me
On October, 1 export oil tariff might drop to $482.9-487.3 per ton, says deputy director of the Customs Payment Department of the RF Ministry of Finance Alexandr Sakovich. Since August, 1 the export tariff for oil is $495.9 per ton.
