Keppel AmFELS L.L.C., the U.S. wholly-owned subsidiary of Keppel Offshore & Marine Limited (Keppel O&M), is on track to deliver the second of four EXL rigs to Rowan Drilling Companies, Inc. (Rowan) on time, within budget and with zero lost-time incidents. The rig, christened Rowan EXL-II last Friday
Wilh. Wilhelmsen has sold four of its car carriers to China for recycling. Since the market for vehicle carriers collapsed in 2008, the ships have been surplus. The ships are the Tampere (built in 1979 as Barber Nara), Tapiola (built in 1978 as Bongabilla), Toba (built in 1979) and Tourcoing (built
The Cross River State Governor, Mr. Liyel Imoke, has urged the Federal Government to expedite action on the dredging of the Calabar Port. Imoke, who was represented by the state Commissioner for Information and Orientation, Mr. Edem Asim, said this at a maritime seminar in Calabar, the state capital
STX Norway Offshore has entered into two new contracts with Island Offshore for the building of two LNG powered Platform Supply Vessels. The vessels are scheduled for delivery in Q2 and Q3 2012. The total value of the contracts amounts to approximately NOK 900 million..
Wärtsilä, the marine industry’s leading ship power solution provider, has signed a turnkey contract with Tarbit Shipping of Sweden to convert a product tanker to LNG propulsion, and to supply the ship with a Wärtsilä LNGPac system for the safe and convenient storage of LNG onboard. This is the first
The twenty-fourth international shipbuilding fair SMM 2010 held in Hamburg, and the first GMEC 2010, (Global Maritime Environmental Congress) will be opened by Hans-Joachim Otto, German Parliamentary State Secretary for the Ministry of Economics and Technology.
LUKOIL publishes consolidated US GAAP financial accounts for the second quarter and first half of 2010. The Company’s net income was $4,002 million in the first half of 2010, including $1,949 million in the second quarter. The Company’s free cash flow in the first half of 2010 amounted to $3,127 mil
Statoil has awarded to Aker Solutions Marulk tie-in to the floating production, storage and offloading (FPSO) vessel Norne. Aker Solutions estimates the value of the work to be approximately NOK 120 million. “This award falls within our core business and strategic objective of pursuing more advanced
Huaneng New Energy Industrial Cooperation, a subsidy of China Huaneng Group, plans to invest 6 billion yuan (695.3 million €) into the… (capitalvue) [mappress] Source: capitalvue, August 31, 2010;
Huaneng New Energy Industrial Cooperation, a subsidy of China Huaneng Group, plans to invest 6 billion yuan (695.3 million €) into the… (capitalvue) [mappress] Source: capitalvue, August 31, 2010;
Wärtsilä, the marine industry’s leading ship power solution provider, has signed a turnkey contract with Tarbit Shipping of Sweden to convert a product tanker to LNG propulsion, and to supply the ship with a Wärtsilä LNGPac system for the safe and convenient storage of LNG onboard. This is the first
Wood Group has entered into a contract with BP Operating Company Ltd (‘BP’) to provide topside engineering and project management services for BP’s Andrew Area Development project in the central North Sea. The project scope includes the tie-back of the Kinnoull reservoir to Andrew, some 28km away, a
Berlin is opposed to Poland receiving an EU grant to construct an LNG terminal on its Baltic coast due to environmental concerns… (euractiv) [mappress] Source: euractiv, August 31, 2010;
ADX Energy Limited reports on activities during past week. The 8 1/2″ section was successfully drilled from 2,219 meters through the main target section (Abiod formation) to the current measured depth of 2,785 meters. A bit change was made at a depth of 2,629 meters. Further to the update from 27th
