MEYER WERFT Delivers AIDAsol

On 31 March 2011 MEYER WERFT delivered the 71,000-gt club ship AIDAsol to the owner AIDA Cruises. The AIDAsol is the fifth ship out of a series of seven ships the Papenburg shipbuilders are building for the German cruise operator. With more than 65% of the cabins...

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STX Finland Rauma Shipyard signs New Generation Double Ended Ferry order

On 8 April 2011, STX Finland Oy and Finferries signed a contract for the construction of a Double Ended Ferry to operate in Finland, Turku Archipelago. The ship will be built on STX Rauma shipyard and it will be delivered at the end of 2012. The...

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Pipavav Shipyard eyes overseas buys, large domestic defence deals

MUMBAI: Shipbuilder Pipavav Shipyard is looking to buy overseas firms that cater to the oil and gas and defence sectors and will set up a second dry dock facility to tap the lucrative Indian defence and offshore segments, a top official said. [Read More] Source: The Economic Ti...

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TNK-BP receives operationship of Vietnamese offshore gas block

TNK-BP recently signed the transfer agreements on Block 06.1 which confirm partner approval of the acquisition and that TNK-BP will take over the role of operator of the offshore gas Block 06.1 in Vietnam. The agreements, which will now be submitted to the Vietnamese...

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UK drilling in the doldrums

Drilling activity in the UK North Sea slumped by 25% in the first quarter in a further blow to the languishing sector, according to a new report. The drop, revealed in a new report from Deloitte, comes as several players said they were putting field investment...

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Fu Chengyu to Join Sinopec as Chairman, Stepping Down as Cnooc President

Fu Chengyu will become chairman of China Petroleum & Chemical Corp. (386), Asia’s biggest refiner, after presiding over a fivefold profit increase at smaller state- controlled oil producer Cnooc Ltd. (883) Fu will also become president of China Petrochemical...

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Technip awarded a contract for the Gjøa field in Norway

Technip was awarded by GDF SUEZ an engineering, procurement, construction and installation contract, worth approximately €45 million, for the Gjøa field development located in the Norwegian sector of the North Sea.This contract covers:engineering and fabrication...

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Seadrill confirms ultra-deepwater contract in Mexico

Hamilton, Bermuda, April 8, 2011 - Seadrill has through its affiliate Sea Dragon de Mexico settled the final agreement with Pemex Exploracion y Produccion ("Pemex") for the provision of the ultra-deepwater semi-submersible drilling rig West Pegasus (previously...

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Domestic shipyards to get preference in orders from public sector

In order to promote the domestic ship building industry, the Directorate General of Shipping has decided that public sector ship owners will have to give preference to Indian-made ships. [Read More] Source: The Hindu Business L...

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DOF Enters Into Long Term Contract With Conocophillips

DOF has entered into three long term charter contracts with ConocoPhillips Skandinavia AS for operation in the Norwegian Sector. The contracts will commence 4Q 2012, with a firm period for each contract of 7 years. ConocoPhillips has an option to extend the contracts. To...

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Subsea 7 S.A. awarded contracts on the Greater Ekofisk Area in the North Sea

Luxembourg – April 8, 2011 – Subsea 7 S.A. (Oslo Børs: SUBC) announced today the award of two SURF contracts with an approximate total value of $150 million from ConocoPhillips Skandinavia AS, on the Greater Ekofisk Area in the North Sea. The first contract is...

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More gas from Sleipner B

Gas began flowing to continental Europe last week from the Beta West structure in the Sleipner area of the North Sea, which was discovered by Statoil in 2009.  “This was one of the largest discoveries we made that year, with a well drilled from the Sleipner...

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ATP Receives 2nd Gulf of Mexico Deepwater Permit

ATP Oil & Gas Corporation (NASDAQ:ATPG) today announced that it has received a permit to complete the previously drilled #2 well at Green Canyon ("GC") Block 300 ("Clipper") in the deepwater Gulf of Mexico. "We are pleased that the BOEMRE is confident in ATP's commitment to safe and environmentally...

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Polarcus receives Letter of Award for 3D seismic acquisition

Polarcus Limited (OAX: PLCS) is pleased to announce that the Company has received a Letter of Award for a 3D offshore seismic acquisition project for an undisclosed client. The project, to be acquired by POLARCUS NAILA and subject to the execution of a service...

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