NSG Awarded Off-Shore Drilling Disposal Contract

Thursday, September 02, 1999
CNH Holdings Company Inc. announced its wholly owned subsidiary NORM Service Group, Inc. has been awarded the contract through MI Drilling Fluids,a subsidiary of Smith International, to handle, transport and dispose of off-shore drilling fluids and cuttings from a major oil company rig off New Orleans. This scope of work will be handled through NORM's Kiva dock site located in Galveston Bay.

Contracts

Banks Halt Support for Hanjin

A bankruptcy would be biggest ever for a container shipper. Hanjin Shipping Co's banks are halting support for the South Korean company, its lead creditor said,

Austal Dives into Loss

Australia’s largest shipbuilder Austal posted a full year loss of $84.28 million because a program to build war ships for the US Navy took longer than expected.

Russian Shipbuilder Signs $1 bln Oil Rigs Contract with Iran

Russian shipbuilder Krasnye Barrikady and Iran's Tasdid Offshore Development Company (TODC)  have signed a deal worth $1 billion to build five offshore drilling

 
 
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