Offshore Latest Information
UBS: Offshore probes in Britain, Canada, Australia
UBS AG of Switzerland said Monday that authorities in Britain, Canada and Australia are investigating the bank's offshore business in the wake of revelations that it helped U.S. customers evade their taxes for years.
UBS says authorities in Britain, Canada, Australia probing bank's offshore business practices UBS AG - Australia - Business - Canada - Financial ServicesPetrobras Finds More Evidence of Oil in Offshore Piracuca Field
March 15 (Bloomberg) -- Petroleo Brasileiro SA, Brazilâs state-controlled oil producer, found more evidence of oil in the offshore Piracuca field in Brazilâs Santos Basin, the Brazilian petroleum regulator said.BW Offshore Signs Letter of Intent for FPSO
BW Offshore has signed a Letter of Intent for the use of the FPSO BW Carmen with Ithaca Energy and partners. The FPSO will be employed on the Athena oil field on the UK sector and is expected to commence production mid-2011.Tanjung Offshore secures RM114.6m contracts from Petronas Carigali
KUALA LUMPUR: TANJUNG OFFSHORE BHD [ ] has secured long-term contracts from Petronas Carigali Sdn Bhd to provide two vessels for four and five years and the the contracts are valued at RM114.6 million.Offshore Solutions celebrates 1000 safe connections
Offshore Solutions B.V. (OSBV) is celebrating over 1,000 operational connections without any LTIs ...Jersey Retains Top Offshore Centre Status,
Jersey remains the highest rated offshore international finance centre in the latest competitive rankings published by the City of London and is now the only offshore jurisdiction in the top twenty.Castrol Offshore invests in Asia-Pacific infrastructure
Castrol Offshore has commissioned a new speciality product plant in Australia ...UBS: Offshore probes in Britain, Canada, Australia
UBS says authorities in Britain, Canada, Australia probing bank's offshore business practicesCGX gets offshore Guyana assessment
TORONTO, ONTARIO -- CGX Energy Inc. has received an assessment of its Corentyne Offshore Petroelum Prospecting License off Guyana from Gustavson Associates LLC. The report estimates P50 reserves of 2.8 Bbbl of oil in the three prospects.Castrol Offshore commissions new Australian facility
ABERDEEN, UK -- Castrol Offshore has commissioned a new product plant in Australia for Transaqua HT2 water-based subsea control fluid. The facility is within a BP Group plant.Jersey Top Offshore Financial Centre In World
Jersey remains the top offshore financial centre in the world.That is according to a London report which has placed Jersey in 18th place.London and New York tied to be top while Hong Kong came third.Guernsey fellow out of the top 20 though and came in at 22.Shares flat on weak offshore lead
THE stock market was flat at noon after weak leads from offshore.Southpac Announces the 2010 Southpac Offshore Planning Institute -- October 28 29 at the Atlantis, Paradise Island ...
Southpac is pleased to announce the Atlantis, Paradise Island, in the Bahamas as the site for the 2010 Southpac Offshore Planning Institute, to be held October 28 29, 2010. New speakers and topics have also been added to make this year's program the best offshore planning conference yet.The Offshore Group Schedules Manufacturing Event for October
The Tucson, Arizona-based Offshore Group has recently announced that it will hold its annual Manufacturing in Mexico Summit at the Camino Real Hotel in the city of Saltillo, Coahuila, Mexico on October 14-16, 2010.Offshore Winds Expected To Warm Up Southland
Offshore winds Sunday were expected to warm up the Southland, pushing temperatures into the mid-70s across the Los Angeles Basin.Shares open higher on mixed offshore lead
THE share market has opened higher, shrugging off a mixed lead from offshore trading on Friday.Offshore hedge funds put EU regulation in doubt
The Spanish EU Presidency is aiming to close an agreement on the draft hedge and private equity funds directive at a meeting of finance ministers in Brussels tomorrow (16 March), with teething problems on foreign fund treatment threatening to derail a deal. Council wants voice in offshore wind turbine issue
AMHERSTBURG â Town council has agreed with a motion put forth by Councillor Rick Fryer concerning the potential for offshore wind turbines near Essex County. Council passed the motion at its March 8 regular session.[...]Β’28 Billion Vanish From Offshore Account
A whopping $2,000,000.00 (Two Million United States Dollars), secured by President John Agyekum Kufuor and the New Patriotic Party (NPP) administration, with a Sovereign Guarantee, to rehabilitate some Ghanaian embassies, appears to have vanished without trace.ANN's Daily Aero-Term (03.14.10): Offshore/Control Airspace Area
Offshore/Control Airspace Area That portion of airspace between the US 12 NM limit and the oceanic CTA/FIR boundary within which air traffic control is exercised. These areas are established to provide air traffic control services. Offshore/Control Airspace Areas may be classified as either Class A airspace or Class E airspace.Canada probes UBS offshore business
Joins authorities in U.K., Australia in investigation after discovery that bank helped U.S. clients evade taxes for yearsDeal for Oil Fields Extends Chinaβs Quest for Energy
Cnooc, China's top offshore oil explorer, said on Sunday that it had secured a South American beachhead by agreeing to pay $3.1 billion in cash for a stake in one of the largest Argentine oil explorers, with fields in Argentina, Bolivia and Chile.Petrobras, Repsol Find Signs of Oil in Brazil Block (Update1)
March 15 (Bloomberg) -- Petroleo Brasileiro SA , Brazilâs state-controlled oil company, and Repsol YPF SA found more evidence of crude at an offshore field that may hold about 550 million barrels of oil equivalent.Pearl GTL offshore structure begins journey to Qatar From Dubai
The first of two platform structures has left a J Ray McDermott fabrication yard in Dubai bound for the waters off Qatar where it will produce natural gas for the Pearl Gas to Liquids project.Another 6-magnitude quake hits Chile
SANTIAGO, Chile, March 15 (UPI) -- A 6-magnitude earthquake was detected Monday offshore of quake- and aftershock-ravaged Chile, the U.S. Geological Survey reported.China buying Argentine oil stake
China National Offshore Oil Corporation is paying $3.1bn for a 50% stake in Argentine oil and gas group Bridas Corporation.China oil firm takes $3.1B stake in SAmerican firm
Leading offshore producer China National Offshore Oil Corp. said Sunday it has agreed to pay $3.1 billion to form a joint-venture with a major Argentine energy firm, helping to expand China's access to natural resources in South America.India Bharati Shipyard buys more of Great Offshore-paper
MUMBAI, March 13 (Reuters) - India's Bharati Shipyard has bought a 3 percent stake in Great Offshore from ABG Shipyard for 537 million rupees ($12 milion), the Business Standard reported on Saturday, citing Bharati.Safety measures approved in 30 minutes
THE Northern Territory government took just 30 minutes to approve changes to crucial safety measures at an offshore well just months before it leaked thousands of barrels of oil into the Timor Sea, an investigation has heard.Failure to check casing led to spill
Failure to test a cement casing at an oil well was a root cause of Australia's worst offshore oil spill.Failure to check casing led to spill
A failure to test a cement casing at an oil well in the Timor Sea caused Aust's worst offshore oil spill.Mahindra Satyam signs $48m offshore deal with Danish firm
Combined services to streamline customer business processes ... Claims to help users achieve cost reduction of up to 50% by migrating ...Australian share market opens higher
The Australian share market has opened higher on positive offshore leads.API promotes benefits of offshore oil, gas drilling in Florida
Rayola Dougher, senior economic adviser for the American Petroleum Institute, touted the benefits of drilling off of Florida'Â - More -Â Turning Gas Flares into Fuel
Microreactor developers race to turn troublesome gas into usable crude oil. Natural gas may be the cleanest fossil fuel, but it can be an unnecessary pest when it's produced as waste from remote offshore oil wells. Brazilian state oil company Petrobras is fueling a race between two developers of modular chemical reactors that could turn this associated gas into synthetic crude.Chinese oil giant to buy stake in Argentine firm
HONG KONG -- Leading offshore-oil producer China National Offshore Oil Corp. said Sunday that it has agreed to pay $3.1 billion to form a joint venture with a major Argentine energy firm, helping to expand China's access to natural resources in South America.Lax testing 'root cause' of oil spill
The Northern Territory government took just 30 minutes to approve changes to crucial safety measures at an offshore well just months before it leaked thousands of barrels of oil into the Timor Sea, an inquiry has heard.Ezra Orders Subsea Knuckle-jib Cranes from Cargotec
Ezra Marine Services Pte Ltd. Cargotec announced it will deliver two large offshore cranes to Singapore-based Ezra Marine Service Pte in 2010 and beginning of 2011 respectively.TANJUNG GETS CONTRACTS WORTH RM114.6 MLN FROM PETRONAS CARIGALI
KUALA LUMPUR, March 15 (Bernama) -- Tanjung Offshore Services Sdn Bhd has been awarded long-term contracts valued at RM114.6 million by Petronas Carigali Sdn Bhd for the charter of two units of anchor-handling tug and supply (AHTS) vessels.Cnooc Buys Bridas Stake for $3.1 Billion to Gain Oil (Update1)
March 15 (Bloomberg) -- Cnooc Ltd., Chinaâs biggest offshore oil explorer, agreed to buy a 50 percent stake in Argentine producer Bridas Corp. for $3.1 billion to meet demand in the worldâs fastest-growing major economy.Cnooc Says $3.1 Billion Bridas Deal to Boost Global Expansion
Cnooc Ltd., Chinaâs biggest offshore oil explorer, said its proposed acquisition of a 50 percent stake in Argentine producer Bridas Corp. for $3.1 billion will accelerate the companyâs overseas expansion.Casing test failure 'cause of oil spill'
Failure to test a cement casing at an oil well in the Timor Sea was a cause of a blowout that caused Australia's worst offshore oil spill, an inquiry heard.Tanjung gets RM114.6m Carigali job
Tanjung Offshore Services Sdn Bhd has been awarded long-term contracts valued at RM114.6 million by Petronas Carigali Sdn Bhd for the charter of two units of anchor-handling tug and supply (AHTS) vessels. The contracts are expected to begin in March and April 2010, its parent company Tanjung Offshore Bhd said in a statement to Bursa Malaysia today. Tanjung Offshore also said that it had taken ...Chinaβs Cnooc Buys Bridas Stake for $3.1 Billion to Gain Fields
March 15 (Bloomberg) -- Cnooc Ltd., Chinaâs biggest offshore oil explorer, agreed to buy a 50 percent stake in Argentine producer Bridas Corp. for $3.1 billion, adding 318 million barrels of reserves as Chinese fuel demand surges.Cnooc buys half of Argentine oilfirm for US$3.1b
HONG KONG: Cnooc Ltd, China's biggest offshore oil explorer, said it will buy half of Bridas Corporation from Carlos Bulgheroni for US$3.1 billion (US$1 = RM3.31), giving it a stake in Argentina's largest oil exporter.(AFX UK Focus) 2010-03-13 05:22 India Bharati Shipyard buys more of Great Offshore-paper
MUMBAI, March 13 (Reuters) - India's Bharati Shipyard has bought a 3 percent stake in Great Offshore from ABG Shipyard for 537 million rupees ($12 milion), the Business Standard reported on Saturday, citing Bharati. Bharati Shipyard said it bought the Great Offshore shares from ABG Shipyard at 480 rupees each, a premium of 10.5 percent to the stock's closing price of 434.25 rupees on the Bombay ...Take a cycle on the wild side with visit to Rathlin
Head to Northern Irelandâs biggest inhabited offshore island for a really spectacular cycle surrounded by sea and endless skies. Related Stories Journey through history by side of Newry canal Enjoy a golden moment on this quiet valley route Where mountains of Mourne sweep down ...Take a cycle on the wild side with visit to Rathlin
Head to Northern Irelandâs biggest inhabited offshore island for a really spectacular cycle surrounded by sea and endless skies.Failure to check casing led to spill
Failure to test a cement casing at an oil well in the Timor Sea was a root cause of a blowout that caused Australia's worst offshore oil spill, an inquiry has heard.
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