An air-sea search has resumed for a fisherman feared missing from a boat reported to be going round in circles off the coast of Gwynedd. A four-hour search with two lifeboats and the rescue helicopter from RAF Valley was launched on Monday after a member of the public raised the alert.
There are currently 23 rigs on the Norwegian shelf, of which 16 operate for StatoilHydro. Several newcomers to the Norwegian shelf are also searching for new resources, including the Swedish Lundin company and the British company BG. While drilling activities were previously dominated by the major p
Total E&P Congo announces today that the deep offshore Moho-Bilondo field has been brought on stream in the Republic of the Congo, nearly a month ahead of schedule. Discovered in 1995, the field is located nearly 80 kilometres offshore in water depths ranging from 540 to 730 metres and contains esti
Cargotec’s MacGREGOR business area providing marine cargo handling and offshore load handling solutions has received significant hatch cover orders for bulk carriers. Altogether 79 shipsets of hatch covers will be delivered during 2009 – 2010 and the value of the orders is more than EUR 40 million.
The largest marine-salvage company Smit Internationale NV may soon consider the takeover offer which was rejected two months earlier by the company CEO Ben Vree. Royal Boskalis offered $300 million for Smit Terminals, oil-tanker towing unit of Smit Internationale.
Extra fuel supplies have started arriving in Scotland, to make up for possible shortages caused by the Grangemouth strike. Hundreds of staff at Scotland’s only oil refinery are beginning the second day of a two-day strike over pensions.
Subsea 7 Inc, one of the world’s leading subsea engineering and construction companies, announced today that it has signed a contract for the construction of a new-build pipelay and construction vessel. The overall project cost is in the region of USD 190 million and is based on fixed prices from th
Frontline Ltd. has entered into a contract with Zhoushan Jinhaiwan Shipyard Co.,Ltd. in China for delivery of four 320,000 dwt VLCC newbuildings. The vessels will be delivered from June 2011 until December 2011. Frontline has also secured options for further two similar VLCC newbuildings at a fixed
The first of two 47.5 metre passenger catamaran ferries for New World First Ferry (Macau) has been launched at Austal Tasmania, marking a historic milestone for the growing shipyard. With new orders for the shipyard currently being finalised and a workforce which has grown from 40 to more than 120 d
Sky Petroleum, Inc., an oil and gas company, today reported that during the first quarter ending March 31, 2008 Mubarek production from the H2 and K2- ST 4 wells was 30,922 barrels of oil. The Mubarek H2 well produced 9,144 barrels of oil or 101 bopd and the Mubarek K2-ST4 well produced 21,778 barre
The former Sealift/Frontline Suezmax tanker ‘Marble’, now owned by a subsidiary of Dockwise Ltd., and renamed “Triumph”, has been accepted by Cosco Guangdong Shipyard on April 18, 2008. The conversion into a heavy lift vessel has started immediately by placing the vessel in drydock.
The first luxury liner of Invergordon’s cruise ship season has arrived in the port on the Cromarty Firth. The Celebrity Constellation and its 2,000 passengers was the first of 50 ships and 44,000 tourists expected to visit the town this year.
Seven pirates have been given life sentences for seizing a United Arab Emirates ship last week by a court in Somalia’s northern Puntland region. Another four were given similar sentences for helping the pirates.
Pirates have released a Spanish fishing boat and its 26 crew members seized off the coast of Somalia last week. The Playa de Bakio, a Basque tuna fishing boat, was released along with all of its crew on Saturday, the Spanish government says.
