Coast Industries Blogs

Temasek Holdings from Singapore Investing in Brazil´s O&G Market

Posted to Brazilian Subsea and Maritime News (by Claudio Paschoa) on October 26, 2010

Negotiations to conclude the deal have been going on for five months and the final agreement has been drawn whereas Temasek bought 14.3 % of OOG for $400 million. OOG´s main interest in the partnership was to attract capital in order to increase…

Petrobras Expands CENPES Research Center

Posted to Brazilian Subsea and Maritime News (by Claudio Paschoa) on October 12, 2010

With the expansion the complex on Fundão Island will occupy more than 300 thousand m² making it one of the largest centers of applied research in the world. There will be various laboratories designed to meet the technological demands of Petrobras’ business areas…

Long Beach Blows a Raspberry at Local Politicians

Posted to Martin Rushmere (by Martin Rushmere) on July 15, 2010

The principle of "One hand washing the other" might apply to Washington bureaucrats and politicians, but Long Beach port authorities are having none of it. The angst over the LB city council demanding an extra dollop of cash from the port for the Tidelands fund continues…

USCG Districts

Posted to Maritime Musings (by Dennis Bryant) on April 6, 2010

The US Coast Guard adopted the concept of geographic districts when it absorbed the US Lighthouse Service in 1939. Previously, it had no formal segmentation of its chain of command based on geography. Rather, the chain of command was grouped around function.

OGX Investing in Advanced GE O&G Subsea Wellhead Systems

Posted to Brazilian Subsea and Maritime News (by Claudio Paschoa) on November 19, 2009

OGX currently has concession rights or a participating interest, in five exploration blocks in the Santos Basin, covering a total acreage over 1,000 km² (247,105 acres), of which four were acquired in the ANP’s ninth bidding round. Four blocks are 100% owned and will be operated by OGX (BM-S-56…