Messoyakhneftegaz has began building a pressurized pipeline from the Messoyakhinskoe group of deposits, located to the north of Yamalo-Nenets Autonomous Region, to the main Arctic Circle-Purpe pipeline system.The oil pipeline with a maximum…
On December 5, a ceremony was held at Electric Power University (EPU) in Hanoi, Vietnam, to mark the start of the fourth year Mitsubishi Heavy Industries, Ltd. (MHI) is providing instruction in nuclear engineering at this educational institution…
The Board of Directors of ASL Marine Holdings Ltd informed that its wholly-owned subsidiaries have reached a mutual agreement with customer on the rescission of shipbuilding contracts for two offshore support vessels.One of the vessels will…
Mainboard‐listed Mermaid Maritime Public Company Limited a leading provider of subsea and drilling services for the offshore oil and gas industry, would like to announce that it has received early termination of contract from its international…
Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of offshore and specialized vessels, stated that the surveillance vessel “Marjata” was named at Vard Langsten by the Norwegian Prime Minister, Mrs. Erna Solberg…
Coast Guard Cutter Hamilton, the first national security cutter homeported on the East Coast, entered into active service today at Union Pier Terminal in downtown Charleston. The commissioning ceremony for the Coast Guard’s largest and newest 418-foot cutter was presided by Vice Adm…
OAO Sovcomflot (SCF Group) signed a new USD 319 million 10 year credit facility with a consortium of leading European banks with ING acting as Agent. The funds will be used towards financing two new ice-class LNG carriers SCF Melampus and SCF Mitre…
Germany's new, lower targets for CO2 emissions will further curb demand for carbon permits and undermine Europe's already dysfunctional emission trading system, the EU's new energy commissioner told a German newspaper.'The agreed additional…
The United States is willing to help Hungary and other European countries build energy infrastructure to reduce its dependence on Russian oil and gas, U.S. Chargé d'Affaires in Budapest André Goodfriend has told Nepszava newspaper.'Relying on Russian sources threatens energy independence…
Russian natural gas producer Gazprom said on Saturday it had received a prepayment of $378.22 million from Ukraine for natural gas supplies, paving the way for the first shipments to Kiev since Moscow cut supplies in June.Ukraine's state energy firm…
Sri Lanka slashed fuel prices by up to nearly 6 percent on Saturday to reflect falling global oil prices and said it would forgo subsidies and allow market forces to determine prices at the pumps from now on.The fuel price reduction comes…
Shin Yang Shipyard of Miri, Sarawak, Malaysia has delivered the sister ships MV Anis and MV Alya. Designed by Wartsila Ship Design Singapore, the 83.8-meter (275-foot) maintenance and work boats have massive capacities.Accommodation is provided for up to 199 people…
Celebrity Cruises has taken a bold step in ship design with the signing of a letter of intent for a new class of vessels, Royal Caribbean Cruises Ltd. and French shipbuilder STX France announced today. The two 2,900-guest, 117,000-gross-registered-ton ships…
The Coast Guard medevaced a 71-year-old woman suffering from abdominal pain Saturday from a cruise ship approximately 50 miles east of Cape Hatteras, North Carolina.Crewmembers aboard the Norwegian Breakaway, a 1,069-foot cruise ship, contacted Coast Guard watchstanders at approximately 8:45 a…
In November 2014, Bosch Rexroth celebrated the 25th anniversary of its Fountain Inn, SC hydraulics production facility. After undergoing an expansion in 2013, the location is home to the company’s largest hydraulics manufacturing facility in the Americas…
