Saudi Aramco is expected to invite companies in August to help develop Manifa oil field, with a potential production of 900,000 barrels of oil a day, sources familiar with the company’s plans said earlier this week. Aramco, the world’s largest oil supplier, plans to invite prequalified companies to
The Regional Development Agency (RDA) has confirmed it will provide £8m of funding towards the regeneration of a fishing port in Devon. The cash is for the redevelopment of Brixham and is aimed at protecting the historic town’s fishing industry.
On July 26, the 10000-TEU container ship COSCO Asia was christened in South Korea. The christening ceremony was grandly held at HHI’s shipyard in Ulsan. Executive Vice President Zhang Fusheng and Vice President Chen Hongsheng of COSCO Group were presented at the ceremony.
The Russian Navy will become the world’s second largest in 20 years’ time, said its commander-in-chief, Admiral Vladimir Masorin, speaking ahead of Navy Day. He said the navy’s core would consist of the newest strategic nuclear-powered submarines and six squadrons of aircraft carriers.
Two cruise passengers have tested positive for Legionnaires’ disease after being taken ill from their ship in Sweden. The cases were confirmed as the Black Watch vessel docked at the Port of Dover, in Kent, on Monday night, two days earlier than planned.
IF THE record display of luxury boats at this week’s Sydney International Boat Show at Darling Harbour is any indicator, these are high times on the not-so-high seas. Tied to the temporary marina, the fleet of 350 big-ticket cruisers and yachts, up from 305 last year, has turned Cockle Bay into a se
The State Government will fund a study, based in Cairns, to help boost the Super Yacht industry. Acting State Development Minister and Member for Cairns Desley Boyle today announced funding of $30,657 to The Super Yacht Group — Great Barrier Reef which will carry out the study.
Total announces the acquisition of a 100% interest in two exploration permits off the northwestern coast of Australia following a licensing round of Australian authorities. Covering a respective area of 5,150 and 5,685 square kilometres, Blocks WA-402P and WA-403P are located roughly 200 kilometres
The Georgia Ports Authority says it handled more than 2.3 million 20-foot containers in the year that ended June 30 and set a new record for containers moved through its Garden City Terminal. That’s up 14.5 percent from the previous year.
Technip has been awarded by Sonatrach a front-end engineering design (FEED) contract for an ethane extraction project located in Arzew, Algeria.
At the Annual General Meeting of Shareholders today, shareholders approved the name change of Sealift Ltd to Dockwise Ltd. This name change will take effect from 31 July 2007 onwards.
Transocean Inc. (NYSE:RIG) today announced that one of its subsidiaries has entered into a settlement and license agreement with Noble Corporation (NYSE:NE). In the agreement, the Transocean subsidiary granted to Noble a worldwide and non-exclusive license to utilize Transocean’s patents for offshor
The Yachting division of Van der Velden Marine Systems, a member of the Holland Yachting Group, will exhibit at the Monaco Yacht Show (19-22 September 2007). Its stand will showcase a prototype of the revolutionary EPS™ thruster and a video presentation. Van der Velden Marine Systems can be found in
The Volvo Ocean Race Extreme 40 entry in the iShares Cup at Cowes, Isle of Wight, will be in the hands of a Kiwi quartet whose CVs are dotted with world-class achievement. Joining helmsman Aaron McIntosh will be fellow New Zealanders Mark Kennedy, Ryan Houston and Andrew McLean in the eight-boat fle
