Science Applications International Corporation (SAIC) (NYSE: SAI) announced it has been awarded a contract for the production and delivery of an SAIC Tsunami Buoy (STB) system by the Far Eastern Ecological Center, Yuzhno-Sakhalinsk, for the Far Eastern Regional Hydrometeorological Research Institute (FERHRI), Vladivostok, Russian Federation. The STB system will be one of the key sensors monitored by the Tsunami Warning Center in the Russian Far East, and will serve as the ocean segment of the Russian Federation tsunami warning system network currently in development. Once implemented, the Russian Federation tsunami warning network will become one of the key providers of tsunami information to Pacific Rim countries. "The SAIC Tsunami Buoy (STB) System is expected to be deployed near the Kuril Islands, recognized as one of the world's most seismically active regions and having a history of significant tsunami events," said Dr. Yuri Volkov, director of FERHRI. "Major earthquakes in this region produced trans-Pacific tsunamis in 2006 and 2007. After the first year of the STB deployment, the Far Eastern Regional Hydrometeorological Research Institute may consider widening the system of ocean sensors." The STB system consists of three subsystems: a surface communications buoy, a buoy mooring, and a bottom pressure recorder
Baltic Shipyard cuts metal for the hull of first Mistral-class amphibious assault ship for construction in France. Russia and France signed a US$1.2-billion contract on two French-built Mistral class ships, including the transfer of sensitive technology, in June 2011. Under the contract, STX France will carry out the final assembly of the hulls from 24 blocks produced in Russia. STX France handed over in July the first batch of technical documentation on the Mistral project to Russian
Greenpeace International has sent out a ship 'Rainbow Warrior'on Monday to confront the Russian Oil tanker bringing the first oil produced at a new Russian offshore platform in the Arctic Circle to Rotterdam. The oil was drilled at the Prirazlomnaya platform, an offshore rig owned by Russian energy giant Gazprom and the site of Greenpeace's protest last September. The ship sailed from the port of Rotterdam at 12:40 Dutch time (13:40 GMT), told AFP Saliz Patrick
Software Radio Technology plc (“SRT”} wins contract to supply Transas of Russia with Glonass – capable AIS systems Software Radio Technology plc (“SRT”} announce it has signed an AIS supply agreement with Transas Navigator (“Transas”) of Russia with an initial frame order for Class A products worth US$1.25 million which is expected to be delivered over the next twelve months in minimum call-offs of US$250,000.
Reports indicate that armed men have seized a Russian tanker off the West African coast and sailed it to Guinea. Russian officials say the men came on board and claimed that the tanker had entered Guinea's territorial waters. The ship, which was chartered by a Swiss-based oil company, is now in Conakry, the capital of Guinea. Russia says it will request information from authorities in Guinea and demand the ship's release.
Russian police came to the Aker Kvaerner Engineering & Technology representation office in Moscow to inquire about a complaint from a former Russian business partner regarding Aker Kvaerner Engineering & Technology's acquisition of 56 percent ownership in Astrakhan Korabel. The inquiry concerns Aker Kvaerner Engineering & Technology's acquisition of shares from the Finnish company RR Offshore Oy. There were 14 employees working in the office when the police started investigation
A decree defining the land territory of Arctic Russia has been signed by Russian President Vladimir Putin and published on the Kremlin's website, reports the officeal news agency Arctic-Info. According to the [final] document, the Russian Arctic zone includes the territory of Murmansk Region, the Nenets, Chukchi and Yamalo-Nenets Autonomous Regions, the municipal formation of the the urban district of Vorkuta (Komi Republic), the municipal district of Norilsk
Petrofac Training Services' training centre the first in Russia to offer OPITO accredited OERTM, CASS & Escape Chute training. The company has achieved OPITO accreditation at its state-of-the-art base on Sakhalin Island, having continuously added to its offering at the STTC since it first opened its doors in 2008, initially providing technical and language training to meet the demands of the region’s rapidly expanding oil and gas workforce.
The United Shipbuilding Corporation (USC), is under criticism from Russian President Vladimir Putin for delays in delivery of several warships for the Russian Navy, RIA Novosti reported. In his complaint to USC officials, Putin cited problems with efficiency and quality on a number of projects, particularly regarding the assembly and delivery of nuclear submarines and surface ships. Putin ordered the Russian shipbuilders quicken construction without sacrificing production quality
Alcoa Chairman and CEO Klaus Kleinfeld and United Shipbuilding Corporation President Roman Trotsenko, signed a Memorandum of Understanding between the companies aimed at helping to develop the Russian ship building market and increasing the use of aluminum in Russian ship building. The signing took place at the St. Petersburg International Economic Forum. During preliminary consultations the parties defined potential areas for cooperation including the technical and commercial aspects of
A senior Russian official said on Monday he doubted France would cancel its sale of warships to Russia, despite coming under pressure from other Western leaders seeking to sanction Moscow after the downing of a Malaysian airliner in Ukraine.
Russian Ministry of Finance transferred the first tranche of 5 million euros for implementation of environmental projects of the Arctic Council. This amount is the first payment of Russia’s financial contribution with the total amount of 10 million euros to the Project Support
Seven NATO countries completed naval exercises in the Black Sea on Thursday, officials said, in a signal of the alliance's resolve to support east European members who have been unnerved by Russia's behavior in the Ukraine crisis. Though scheduled before the crisis erupted
On July 11, Head of Rosneft Igor Sechin and General Director of Union CubaPetroleo (CUPET) Juan Torres Naranjo signed in Havana the Agreement on Cooperation in the Area of Enhanced Oil Recovery at Brownfields. The Agreement was signed in the presence of the Russian President Vladimir Putin and the
Far Eastern Petrochemical Company and Far Eastern Russian Academy of Sciences division have signed an agreement on scientific and technical collaboration. As part of the agreement Far Eastern Petrochemical Company (FEPCO) and Far Eastern branch of Russian Academy of Sciences (FEBRAS)
SCF Group (Sovcomflot) and Sakhalin Energy Investment Company Ltd. (Sakhalin Energy) have signed a contract for the construction and long-term operation of three multifunctional icebreaking standby vessels to serve the Sakhalin-2 offshore energy platforms.
Mitsui O.S.K. Lines (MOL) says its joint venture with China Shipping (Group) Company has signed shipbuilding contracts with Daewoo Shipbuilding & Marine Engineering (DSME) in Korea to build three ice class LNG carriers for the [Russian] Yamal LNG project.
Today in Belgrad (Serbia) South Stream d.o.o. entered into a contract with Centrgaz, which won the bidding for the South Stream gas pipeline construction in the Republic of Serbia. Centrgaz, part of Gazprom Group, will focus on design, procurement, construction and installation activities
Companies sign agreements for long-term operation of three vessels for the Sakhalin-2 project. SCF Group (Sovcomflot) and Sakhalin Energy Investment Company Ltd. have signed a contract for the construction and long-term operation of three multifunctional icebreaking standby vessels to serve
Coast Guard crews and the tankship Elia are searching for one of the vessel's crew members off Port Aransas, Texas. The USCG informs that missing is the chief engineer, a 47-year-old Russian man. After searching throughout the ship, the crew of the 800-foot Liberian flagged tanker called the
Moody's Investors Service says it has confirmed the Ba2 corporate family rating (CFR) and the Ba2-PD probability of default rating (PDR) of Sovcomflot JSC with $800 million of rated debt affected. Concurrently, Moody's has confirmed Sovcomflot's Ba3 senior unsecured issuer rating and the Ba3
Over the past three years, DELO Group, a Russian private transport company, has implemented an investment program, including rail and other adjacent port infrastructure, construction of stevedoring and inland storage terminals for oil products, construction of the KSK grain terminal
Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Glencore Oil Projects AG for the engineering and material supply of a steam reformer heater for hydrogen production for the Orsknefteorgsyntez
Alexey Miller, Chairman of Gazprom's Management Committee and Gerhard Roiss, Chief Executive Officer of OMV inked a Shareholders Agreement for the South Stream Austria joint project company. The document was signed in Vienna today during a visit by Russian President Vladimir Putin to the
Repsol has made two new discoveries in the Russia’s Karabashsky blocks, in the West-Siberian Ouriyinskoye field. The recoverable resources from the Gabi-1 and Gabi-3 wells are estimated by the Ministry of Natural Resources and Environment of the Russian Federation at 240 million barrels of