Statoil has handed out a key marine installation contract for its pioneering subsea gas compression project at Norway's Åsgard field.

Shell has made a £992 million offer to buy out UK listed Cove Energy to get a premier position in the huge gas resources discovered in the Rovuma Basin offshore East Africa.

Shell Upstream International executive director Malcolm Brinded who at one time was head of Shell's UK North Sea business is stepping down.

Global energy services giant Amec capped the end of 2011 with an 11 per cent rise in revenue and a rise in pre-tax profit for the year.

Last Friday, the first waiting berth for short sea and feeder vessels went into use on the Maasvlakte. It involves the former Tor Line berth, which the Port of Rotterdam Authority has made suitable for small container vessels.

The Port of Sept-Îles has announced the financial support of the federal government for the construction of the multi-user dock in the Bay of Sept-Îles with a maximum contribution of $55 million, which is 25% of the project costs.

A sophisticated survey vessel deployed by a Dutch-based international port dredging and marine engineering company, Van Oord, arrived in Liberia two days ago.

Executive Chairman of the Westports Malaysia Sdn Bhd, Mr. Tan Sri G. Gnanalingam, has unveiled the RM3.18 billion investment plan which includes the expansion project to further improve the port’s capacity.

Since assuming control of the North Terminal on July 1, 2011, now operating as APM Terminals Callao, crane productivity has more than doubled to 26.57 moves per hour per crane and gate turnaround time has decreased by 49% to 28 minutes in the first 29 wee

Van Oord and Besix have been awarded a contract to widen Rotterdam’s Amazonehaven seaport. The project involves design and construct.