Legal News - page 241


Tilbrook Joins Woodside Board

Nov 13, 2014

Woodside has appointed Mr Gene Tilbrook to its Board as a non-executive director effective 4 December 2014. Mr Tilbrook joins Woodside as an independent director.Mr Tilbrook has broad experience in corporate strategy, investment and finance…

EnQuest Reports Strong Production Growth

Nov 13, 2014

EnQuest reported its production from 1 January to 31 October 2014 averaged 27,567 Boepd, up c.19.2% on the same period last year.  This reflects strong production from EnQuest's existing hubs and from the newly acquired assets in Malaysia and Tunisia…

Gazprom & Moldovagaz Extend Gas Contracts

Nov 13, 2014

Gazprom and Moldovagaz signed supplements to the existing gas supply and transit contracts in Chisinau today. The documents inked as part of a working meeting between Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Adrian Candu…

Russian Hydroelectric Rebuilding Begins

Nov 12, 2014

Rosneft Head, Executive Secretary of Russian Presidential Commission on Strategic Development of the Fuel and Energy Sector and Ecological Safety Igor Sechin participated in the ceremony of reconstruction of Sayano Shushenskaya Hydroelectric Station…

SBM Offshore Reaches Out-of-court Settlement

Nov 12, 2014

SBM Offshore today reached an out-of-court settlement ex Article 74 of the Dutch Criminal Code with the Dutch Public Prosecutor's Office (Openbaar Ministerie) over the inquiry into alleged improper payments.  Furthermore, the United States…

Scorpio Tankers' Qtrly Dividend up 20%

Nov 12, 2014

Scorpio Tankers Inc. announced today that it has declared a quarterly dividend of $0.12 per share, reflecting an increase of 20% over the previous quarterly dividend, has entered into an agreement to purchase two newbuilding LR2 product tankers…

US Approval for Wärtsilä's BWM System

Nov 12, 2014

The United States Coast Guard (USCG) has granted Alternate Management System (AMS) acceptance for Wärtsilä's Aquarius EC Ballast Water Management System (BWMS). This allows all US and foreign flag ships fitted with this system to operate…

Ensco plc Declares Cash Dividend

Nov 12, 2014

Ensco plc announced today that its Board of Directors has declared a regular quarterly cash dividend of US$0.75 per Class A ordinary share payable on 19 December 2014. The ex-dividend date for this payment is expected to be 4 December 2014…

SERS Partners IEMS for Enhanced Oil Spill Response Services

Nov 12, 2014

Dubai-based Swire Emergency Response Services (SERS), a fully owned subsidiary of Swire Pacific Offshore group, announced its partnership with Mediterranean-based International Environmental and Marine Services (IEMS) to jointly provide Tier 2/3 response services to clients in Europe…

Russia & China Agree on Gas Supplies

Nov 12, 2014

As part of the APEC summit in Beijing, a number of documents related to the Russian-Chinese cooperation in the energy sector were signed today in the presence of Russian President Vladimir Putin and Chinese President Xi Jinping.Alexey Miller…

Matson To Acquire Horizon's Alaska Operations

Nov 11, 2014

The transaction has the value of $0.72 Per Common Share Plus Repayment of Debt; acquisition Accretive to Matson's Earnings and Cash Flow. Separately Horizon to Sell Hawaii Operations to Pasha and Terminate Puerto Rico Operations.A Matson…

Ince Plots Leadership Succession Plan

Nov 11, 2014

Ince & Co, the international commercial law firm, announced that, after two terms in office, James Wilson will be stepping down as International Senior Partner in January 2015. Under new arrangements, James will be succeeded as International…

IBIA Offers Industry Support in Wake of OW Bunker Collapse

Nov 11, 2014

The International Bunker Industry Association (IBIA) has announced a series of measures to support companies and individuals impacted by last week’s collapse of OW Bunker.  In Singapore, IBIA will be taking part in dialogue sessions led…

SRI Responds to SEWOL Judgement

Nov 11, 2014

Seafarers’ Rights International (SRI), the international centre dedicated to advancing the rights of seafarers, has given an initial response to today’s judgement handed down in relation to the sinking of the South Korean ferry SEWOL in April of this year…

The Pitfalls of Confidentiality Agreements

Nov 11, 2014

ITIC has advised shipbrokers, consultants and other advisers not to sign confidentiality agreements which restrict their ability to do business.Noting that it is increasingly being asked to comment on confidentiality (or so-called nondisclosure) agreements…

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