Lundin Petroleum AB (“Lundin Petroleum”) is pleased to announce that its wholly owned subsidiary, Lundin Malaysia BV, has signed a new production sharing contract (PSC) with PETRONAS covering block PM319, offshore Peninsular Malaysia. Block PM319 covers an area of approximately 8,400 km2 and is loca
The U.S. Army Corps of Engineers, Galveston District, awarded a small business contract to Baton Rouge, La.-based Quaternary Resource Investigations LLC in the estimated amount of $3 million for geotechnical services including soils investigations (core borings, soils sampling) and lab testing. Acco
This summer the MTS Duandra was launched in Benelux as the world’s first semi-hybrid inland waterway tanker built by Shipyard Trico B.V. This ship uses Volvo Penta diesel engines for both propulsion and generator set that helps to reduce emissions significantly. The two standard Volvo Penta D16 MG G
FoundOcean, a global leader in subsea and offshore grouting, today announced the opening of its new office in Bremen, Germany. Following exceptional growth in the last two years, the company is now expanding to maintain its presence in one of the key markets for the offshore wind industry. “Germany’
Total announces a significant oil discovery at its North Platte prospect on Garden Banks Block 959 in the deepwater Gulf of Mexico. The discovery well encountered several hundred feet of net oil pay in Lower Tertiary sands which included several high-quality intervals. Total estimates this discovery
World seaborne trade – a measure of demand for shipping, port and logistics services – climbed by 4 per cent in 2011, reaching a record high of 8.7 billion tons, UNCTAD’s Review of Maritime Transport 2012 reveals. But over the same year, world ship supply capacity expanded much faster, at a rate of
Bibby Remote Intervention Limited (BRIL) has successfully completed a Remotely Operated Vehicle (ROV) intervention project for Centrica Energy, worth around £900,000. BRIL is the latest division of Aberdeen-based subsea installation contractor, Bibby Offshore, and was established in late 2011 with t
Dredging of a highly contaminated canal along the shore of Lake Michigan has begun, triggering fears among some experts that the project could release harmful chemicals into an Indiana community. To dig a deeper canal for ships, the U.S. Army Corps of Engineers is removing large volumes of contamina
FoundOcean, a global leader in subsea and offshore grouting, today announced the opening of its new office in Bremen, Germany. Following exceptional growth in the last two years, the company is now expanding to maintain its presence in one of the key markets for the offshore wind industry. “Germany’
Siem Offshore has entered into a charter agreement for one of its Offshore Subsea Construction Vessel (OSCV). The agreement is with an international subsea contractor, it’s made at market terms and is for a firm period of five years with two yearly options. The charter shall commence in third quarte
National Chemical Carriers Ltd. Co. (NCC) of Saudi Arabia, owned 80% by The National Shipping Company of Saudi Arabia (Bahri) announced that it had received on Tuesday, 4th December 2012 in Korea a new chemical tanker named ‘NCC SAMA’ from SHINAsb (previously SLS) of South Korea, as part of nine ves
Siem Offshore has entered into a charter agreement for one of its Offshore Subsea Construction Vessels (OSCV). The agreement is with an international subsea contractor, it’s made at market terms and is for a firm period of five years with two yearly options. The charter shall commence in third quart
From providing scientific expertise aboard this year’s historic plunge to the world’s deepest point to sounding the alarm about rising threats to the deep sea, scientists at Scripps Institution of Oceanography at UC San Diego are exploring the mysteries and challenges of the deep sea as never before
Bibby Remote Intervention Limited (BRIL) has successfully completed a Remotely Operated Vehicle (ROV) intervention project for Centrica Energy, worth around £900,000. BRIL is the latest division of Aberdeen-based subsea installation contractor, Bibby Offshore, and was established in late 2011 with t
