Spain's Cepsa postponed what would have been the largest oil company listing in a decade on Monday, the latest IPO to succumb to a global sell-off in equity markets.Cepsa's owner, Abu Dhabi state investor Mubadala, had planned to raise about 2 billion euros ($2…
The National Iranian Oil Co. (NIOC) has released a list of 29 foreign oil and gas firms which have been pre-qualified for its upcoming upstream projects tender round. NIOC is planning to put to a round of tenders several upstream oil…
Global Maritime Consultancy & Engineering, a provider of marine warranty, dynamic positioning and engineering services to the offshore sector, is to provide mooring and risk management support to the European Union’s OPERA (Open Sea Operating Experience to Reduce Wave Energy) project…
Global shipping and energy services firm, Craig Group, has launched its first F-Class vessel, the Grampian Fortress. The IMT 958 multi-role emergency response and rescue vessel (ERRV) was christened in the Balenciaga Shipyard in Northern Spain this week…
Talisman Energy shareholders approved Spain’s Repsol to take over the Canadian company for an estimated US$8.3 billion. Image from Repsol. In an overwhelming vote of more than 99%…
Zamakona Yards has signed an initial two-year agreement with Finnish multinational GS-Hydro. The contract has an initial duration of two years. The agreement was signed 5 December in Zamakona Yards' Las Palmas Port offices by Borja Garaygordobil…
McDermott International, Inc. expects its latest vessel, construction support vessel 108 (CSV 108), to join the fleet in 2015. The McDermott CSV108 is expected to join the fleet in 2015, once the final deck equipment has been installed…
Last week, workers at the Hijos de J. Barreras SA shipyard (Astillero Barreras) in Vigo, northwest Spain, laid the keel for a new floating accommodation vessel for Pemex Exploration and Production. The Barreras shipyard was founded in the Galicia region in 1892…
Talisman Energy has confirmed that it has been approached by Spain's Repsol over 'various transactions.' Repsol has been reported to have been considering a bid for Canada-based Talisman, Bloomberg reported. A statement from Talisman…
Fairmount Marine announced on 14 April 2014 that its tug Fairmount Sherpa has safely towed the semisubmersible drilling rig Sevan Louisiana from Singapore to Curaçao. During the 11,500mi. voyage via the Cape of Good Hope, stops were made in Port Louis (Mauritius)…
Spain's Zamakona Yards has launched its second Havyard HY820-design field support and emergency response vessel, the Ocean Marlin. The vessel, which is due to work in the North Sea for French oil major Total from Q2, is the second of three vessels Zamakona Yards will launch…
PEMEX Exploración y Producción (PEP) has chosen a Spanish ship builder for the construction of two ship-shaped flotels. One will be built at the Navantias' Ferrol Estuary shipyard on the northwest coast of Spain. The construction of the…
Platform supply vessel Edda Ferd (hull C-444) departed from the Gondan shipyard in Spain, bound for Gijon port to carry out sea trials. The vessel is the eighth built by the shipyard for the Norwegian company Ostensjo Rederi and its delivery is scheduled for November 2013…
It was supposed to be the renewable ‘green jobs success story’ to be emulated by the United States. President Barack Obama pilloried skeptical Americans with it on several occasions way before he took office. Obama may be the loudest but he is not the only megaphone social engineer politician…
It was supposed to be the renewable ‘green jobs success story’ to be emulated by the United States. President Barack Obama pilloried skeptical Americans with it on several occasions way before he took office. Obama may be the loudest but he is not the only megaphone social engineer politician…
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