We are pleased to announce that Birgitte Henrichsen will join the A.P. Moller – Maersk Group on 1 September 2008 as Head of Media Relations. Birgitte Henrichsen will have overall responsibility for global media contact. Birgitte Henrichsen (53) is a journalist, and has since 2000 been Senior Vice Pr
Barack Obama reversed his position over petrol prices yesterday in the face of polls showing it has emerged as the dominant issue of the presidential election. The Democratic candidate said he would dip into the US strategic oil reserves to try to drive down prices, a policy he had previously oppose
With 15-20 knots WSW wind predicted, there were some 25 knot gusts to greet the iShares Cup fleet took to the water for the final afternoon’s series of races. Having been onboard with Team Holmatro this morning, it was easy to appreciate how it doesn’t take much to make these fearsome machines turn
Alinghi showed the fruits of their multihull training schedule again today by snatching a second overall victory in a row on the iShares Cup circuit. But with their second place finish over the four days at Cowes, Team Origin still remain overall leaders, with the Greenhalgh brothers retaining enoug
Offshore industry body The International Marine Contractors Association has just passed the 500-member mark with representation in 50 countries worldwide. The figure shows a doubling of membership numbers since 2002, IMCA president and chief executive Hugh Williams noted, and he said the rise was in
Noreco (Norwegian Energy Company) has seen record output in July of 15,700 boe/d, the company said. Noreco said good underlying performance in its fields and the recent acquisition of Talisman Oil Denmark both contributed to the record production. Oil, gas and NGL production came from Noreco`s portf
Det Norske Oljeselskap has completed a deal with Lundin to take a 70% stake in production licence 103B off Norway, giving it a 7% slice of the producing Jotun oil and gas field. Lundin agreed a deal in March to sell the 7% interest to Det norske oljeselskap for US $14m. The Jotun field started [&hel
Venture Production has picked the Acteon companies, Claxton Engineering, 2H Offshore (2H) and Subsea Riser Products (SRP) to provide an ultra-high-pressure riser for a North Sea drilling campaign. The riser will be used during a high-pressure, high-temperature (HP/HT) drilling campaign planned by Ve
New Publications – August 5, 2008 The Institution of Civil Engineers (ICE) in the UK and Thomas Telford have announce that ICE Proceedings: Maritime Engineering is currently inviting submissions from the international dredging community. Maritime Engineering is a unique forum which aims to encourage
Sen. Frank Lautenberg is against it. His GOP rival, Dick Zimmer, isn’t as adamant. By Cynthia Burton Inquirer Staff Writer The same energy issue splitting Democrats and Republicans in Washington – whether to lift the offshore oil-drilling ban – is dividing candidates in New Jersey’s hottest federal
HAMILTON, BERMUDA–(MARKET WIRE)–Aug 1, 2008 — Teekay Offshore GP LLC, the general partner of Teekay Offshore Partners L.P. (TOO – News), has declared a cash distribution of $0.40 per unit for the quarter ended June 30, 2008. The cash distribution is payable on August 14, 2008 to all unitholders of r
DALLAS, Aug. 1 /PRNewswire-FirstCall/ — CompX International Inc. (NYSE: CIX – News) announced today sales of $43.7 million for the second quarter of 2008 compared to $45.2 million in the same period of 2007. Operating income was $4.5 million in the second quarter of 2008 compared to $4.6 million in
British sailing legend Mike Golding and record-breaking yachtswoman Dee Caffari start two-boat testing in a bid to challenge the French dominance of solo ocean racing Two of Britain’s most famous solo skippers, Mike Golding and Dee Caffari, move into the next stage of their ground breaking technical
Total saw second quarter adjusted net income boosted by 29% to hit €3.7 Bn (US $5.8 Bn) and for the half year the figure reached €7 Bn ($10.7 Bn). All Total’s results information appears to be positive with upstream production up 1.3% to hit 2.353 m boe/d and first production achieved from the Moho