ABB announced that it will deliver advanced electrical propulsion systems for four LNG carriers under construction by Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. The LNG vessels are a joint venture between China National Offshore Oil Corporation (CNOOC)…
A Coast Guard rescue helicopter crew medevaced a 51-year-old woman off a Carnival cruise ship approximately 184 miles offshore of Galveston early today.Watchstanders at Sector Houston-Galveston received a call at approximately 9 p.m. Saturday…
Drydocks World, the international service provider to the shipping, offshore, oil, gas and energy sectors currently has nine rigs in the Drydocks World-Dubai yard which is a new record for the shipyard.“Drydocks World is proud of our…
It is only after some time following traumatic events that mental health complications may surface. Assessment immediately after such events would most probably show signs of the common and perfectly normal after effects of extraordinary life events…
Abu Dhabi investment firm Waha Capital plans to invest 3.2 billion dirhams ($872 million) in the short-term to grow its energy, healthcare and infrastructure portfolio, its chief executive said on Sunday.Salem Rashid al-Noaimi spoke…
SBM Offshore is pleased to announce the appointment of Philippe Barril as Chief Operating Officer (COO) effective March 1, 2015. Philippe's appointment as a member of the Management Board is subject to approval at the Annual General Meeting of Shareholders to be held on April 15…
Azerbaijan criticised Standard & Poor's for resorting to what it said were 'double standards' after the agency revised the country's sovereign credit outlook downward to negative on Friday.S&P said Azerbaijan's fiscal and external balances would be hurt by the substantial drop in oil prices…
The presentation ceremony of the Finnish multinational leader in water services GS-Hydro, new partner of Zamakona Yards in Canarias was held yesterday (January 29th at 7 p.m.) in the auditorium of Zona Franca in the Las Palmas Port.The event…
Chevron Corporation (NYSE:CVX) today announced a $35.0 billion capital and exploratory investment program for 2015. Included in the 2015 program are $4.0 billion of planned expenditures by affiliates, which do not require cash outlays by Chevron…
For the first time ever, the general public will be admitted free to the Naval Future Force Science and Technology EXPO general exhibit hall Feb. 4-5 where they will be able to see the Electromagnetic Railgun, an autonomous swarmboat, a firefighting robot and much more…
Adani Enterprises Limited together with its subsidiaries Adani Ports and Special Economic Zone Limited (“APSEZ”) and Adani Power Limited (“APL”) today announced a composite Scheme of Arrangement (“Scheme”) for the demerger of the ‘Port Undertaking’…
In 2015, the Port of Houston Authority has budgeted $275 million for various capital improvement projects. About $184 million is being allocated to its container terminals for continuing development of Bayport and modernization at Barbours Cut…
Brazil's government is planning to take steps to save energy through more efficient usage to avoid blackouts and the risk of rationing, Energy Minister Eduardo Braga said on Friday.The worst drought in more than 80 years has drained hydroelectric…
Kongsberg Maritime has purchased approximately 5.2 acres for new construction on an 82,980 sq ft office and training facility. Construction on the James Business Park property located on James Drive East in St. Rose, Louisiana is scheduled to begin this spring…
Polarcus Limited announced that Hege Sjo will resign from its board of directors effective February 2, 2015. Sjo has accepted an appointment as Deputy Director General in the Norwegian Ministry of Trade, Industry and Fisheries, and is therefore unable to continue as a board member at Polarcus…