The Honourable Gail Shea, Minister of Fisheries and Oceans and Regional Minister for Prince Edward Island, was in West Point Harbour yesterday to announce a Government of Canada investment of $9.5 million to support improvement projects at small craft harbours in Prince Edward Island. At West Point
Litgas, an LNG supplier and trader, which is a part of Lietuvos Energija Group, has signed general non-binding LNG master trade agreements (MTAs) with seven global LNG suppliers. This has opened up the opportunity to offer liquefied gas to the Lithuanian market from companies that, if combined, woul
South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has signed US$2.8 billion contracts which will see the company build nine new ice-class LNG carriers. DSME said the orders are by Canada’s Teekay and China’s CLNG for six vessels, while further three will be built for Japan’s MOL and Chin
INPEX CORPORATION (INPEX) announced that Teikoku Oil (North America) Co., Ltd., has acquired an additional participating interest in the Lucius deepwater US Gulf of Mexico project. Following this acquisition and the interim redetermination of equity ownership by the project partners, INPEX’s partici
The Supervisory Board of Directors of South Stream Transport B.V. met yesterday in Amsterdam to discuss progress of the South Stream Offshore Pipeline. The Supervisory Board was updated on preparations for construction of the first two underwater pipelines. Activities to construct the first two line
Steelhead LNG and the Huu-ay-aht First Nations (HFN) have signed an opportunity development agreement that will see them work together to explore developing a liquefied natural gas (LNG) project on HFN-owned land at Sarita Bay, approximately 10 kms north of Anacla at the southern end of Alberni Inle
ClassNK, one of the world’s leading classification societies, and Transas Marine, global specialist in maritime simulation, navigation and surveillance systems, signed a memorandum of understanding in the area of classification of maritime simulators. According to the agreement, ClassNK and Transas
Providence Resources P.l.c., the Irish oil and gas exploration and appraisal company has provided an operational update on activities in FEL 2/04, FEL 4/08 and FEL 1/14 (“the licences”), which are all located within Quadrant 35 in the northern Porcupine Basin. Capricorn Ireland Limited (38%, Operato
The U.S. Army Corps of Engineers – Portland District has awarded South Coast Clamshell Maintenance Dredging contract to a Vancouver Washington based Marine contractor, HME Construction, Inc. The contract will include work at Charleston, Winchester Bay, Port Orford, Yaquina Bay, and Rogue River locat
A major project to renourish Lee County’s Bonita Beach and Lovers Key State Park begun on Monday. The $5 million renourishment project will help shore up roughly two miles of the eroded beaches. The projects consist of adding sand to 0.8 miles of Bonita Beach and 1.1 miles of Lovers Key Beach. These
Penspen has been awarded a contract to provide Abu Dhabi Marine Operation Company (ADMA OPCO) with Project Management Consultancy Services for Additional Gas Supply from USSC Project in the UAE. Under the terms of the contract, Penspen will project manage Technip/NPCC in its upgrade of the gas facil
The New York District of the U.S. Army Corps of Engineers is proposing to perform maintenance dredging from Nutten Hook to Staats Point, New York, NY. The work will involve maintenance dredging of approximately 250,000 cubic yards of material from three discontinuous reaches of the Hudson River Fede
Engine producers Fairbanks Morse, an EnPro Industries company, and MAN Diesel & Turbo have finalized a strategic agreement to cooperate in the U.S. power market for gas and dual-fuel engines. The companies agreed on an exclusive cooperation in the power sector for a fixed period of five years. The d
Dredging work is well underway at Eyemouth Harbour with the hopper barge ‘MV Shearwater’ and dredging unit ‘Forth Reclaimer’ busy within the harbour. Mariners are advised that temporary restrictions to vessel movements may occur and they should navigate with caution in the vicinity. In particular th
