UK and Middle-east based engineering and facilities group Petrofac has landed a deal to develop a fifth gas train in Egypt for Khalda Petroleum under an engineering and procurement services deal which is expected to become a lump-sum EPC contract. Petrofac has been selected to develop the fifth trai
Portland Gas has obtained a green light from the UK government to construct a new pipeline to carry gas to and from its planned offshore storage site on Isle of Portland on the UK south coast. The new 37 km (23 mile) line will connect the planned underground salt cavern storage facility on the Isle
Following their return from the Clipper 07-08 Round the World Yacht Race, the ten Clipper 68s are about to race each other once more, this time at Skandia Cowes Week. The boats slipped their moorings on Friday from Royal Clarence Marina, Gosport, where the fleet is based outside of the Clipper Race,
Company News – August 1, 2008 Mass-flow excavation (MFE) specialist Rotech Subsea has appointed Sales Executive Brian Schacht to concentrate on new and expanding markets throughout the Gulf of Mexico and Latin America. The company, which operates a unique and patented range of ‘T’ tools, has mainly
Contracts & Tenders – August 4, 2008 Kandla, India-based Jaisu Shipping has won a combined contract for maintenance dredging and capital dredging at Kochi Port in Kerala. The work involves deepening of the outer and inner channels leading to the Rajiv Gandhi Container Terminal to a draft of 12.5m, a
VANCOUVER, Wash. — Lower Columbia River ports plan to create 128 acres of wetlands on Cottonwood Island to compensate for ecological damage caused by dredging. The plan was announced Wednesday by six ports in Washington and Oregon and the Corps of Engineers. The wetlands will mitigate damage from th
Victoria’s Independent Monitor will meet with the Port of Melbourne Corporation today to discuss the first breach of environmental standards during the channel deepening project. The Port has admitted it did not sufficiently clear dredging material from 9,000 square metres of the most sensitive area
StatoilHydro ASA (OSE: STL, NYSE:STO) second quarter 2008 result was influenced by high production and high prices. Net income in the second quarter of 2008 amounted to NOK 18.9 billion, up 36% compared to NOK 13.9 billion in the second quarter of 2007. Net income in the first half of 2008 amounted
Today, 1 August, the first oil flowed from the Vilje field to the Alvheim floating production, storage and offloading vessel (FPSO). The well stream from Vilje is piped to the Alvheim FPSO, which is operated by Marathon. The Vilje field is located in the northern part of the North Sea, north of the
The arrival of Olympic sailing teams reached its peak this week as sailors from 42 countries and regions had checked in to Qingdao Olympic sailing center on Monday – just ten days before the opening of the Beijing Olympics. According to Qingdao Olympic Sailing Committee, at least 295 sailors had arr
Hannah Mills and Katrina Hughes held their nerve in style to sail to 2008 Women’s 470 Junior World Championship gold in Poland yesterday (Tuesday 29 July). With an eight-point advantage over their nearest rivals Tara Pacheco and Berta Betanzos (SPA) going into the double points medal race at Gdynia,
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
Ithaca Energy looks set to raised $75 m to help finance its purchase of the Beatrice oil field from Talisman Energy and the Stella licence acquisition in the UK North Sea. Ithaca said its new equity financing will be based on the issue of 50 million new common shares priced at US $1.50 per share [&h
Updating progress on UK North Sea appraisal drilling plans Elixir Petroleum has indicated its intention to drill a new well on the Northern North Sea Mulle prospect which could contain between 4 and 36 m bbl of oil. Mulle, in block 211/22b, is close to the Causeway field already under-going developm
