Alderon Iron Ore Corp. announces that work on the new multi-user deep water dock at the Port of Sept-Îles, Quebec is on time and within budget. Construction of the new facility is expected to be completed by the end of March 2014. The first phase of the program is now complete and included dredging
Leading classification society ABS officially inaugurated the ABS Korea Energy Technology Center (KETC) in Busan, South Korea, on 19 October 2012. ABS President and CEO Christopher J. Wiernicki joined senior representatives of the Korean shipping and shipbuilding sectors and academia to celebrate th
Alderon Iron Ore Corp. announced that work on the new multi-user deep water dock at the Port of Sept-Îles is on time and within budget. Construction of the new facility is expected to be completed by the end of March 2014. The first phase of the program is now complete and included dredging in order
A boat with suspension inspired by Paris Dakar-winning rally cars that can remain stable and a ‘seahorse’ vessel consisting of a towering keel that minimises movements in the ocean swell are two of the six innovative concepts that will receive further funding from the Carbon Trust’s Offshore wind Ac
Fairfield Energy announced that the UK Department of Energy and Climate Change have offered the Company licences in the initial tranche of awards in the UKCS 27th Offshore Licensing Round, announced on 25th October. The licences offered are over Blocks 3/2b, 211/23e, 211/23f in the Northern North Se
Afren Energy Resources Limited has exercised the first of the 5 one year extensions from the original contract for the FPSO Armada Perkasa with effect from 1 July 2013, the Malaysia-based Bumi Armada announced last week. The contract extension for the Bumi Armada-owned FPSO, which has been operating
Siem Offshore has signed a contract with Hellesoy yard in Norway. The contract is for the construction of one dual fuel Platform Supply Vessel, with an option for one additional vessel. The firm vessel shall commence a four years contract, with four one-year options, with TOTAL E&P NORGE AS as repor
WIND and Oceanteam Shipping have announced the establishment of their new joint venture OceanWind Cable Storage Solutions. OceanWind aims to facilitate the submarine cable industry by offering its clients a full and integrated range of services comprising cable storage, cable handling, and cable tra
Oceaneering International, Inc. reported record earnings for the third quarter ended September 30, 2012. On revenue of $734 million, Oceaneering generated net income of $84.4 million, or $0.78 per share. For the third quarter of 2011, Oceaneering reported revenue of $602 million and net income of $7
Bergen Group ASA and a European shipbuilder with global activity have today signed a Memorandum of Understanding (MoU) with the objective of establishing a joint ownership of Bergen Group Shipbuilding division. The scope of the MoU opens up for the new industrial group to become a principal sharehol
Région Bretagne has invited bidders to submit their offers for the port bathymetric surveys work at the Rennes area. This contract includes the bathymetric surveys in the three ports of the Brittany Region for: – Regular monitoring of access channels and shorelines likely to have sediment buildup; –
Independent Oil and Gas Ltd (“IOG”), the North Sea focused Oil and Gas Company, has announced that in the UK 27th Licensing Round it has been offered a licence for blocks 8/20 and 8/25. These blocks will be 100% owned and operated by IOG and could be tied back to a future development of the [&hellip
The U.S Environmental Protection Agency has reached a settlement of $1.44 million with TDY Industries, LLC to help pay for groundwater cleanup at the South El Monte portion of the San Gabriel Valley Area 1 Superfund Site in Los Angeles, Calif. EPA is overseeing the extraction and treatment of ground
BP announced its financial results for the third quarter of 2012, reporting underlying replacement cost profit, adjusted for non-operating items and fair value accounting effects, of $5.2 billion. It also announced an increase in its quarterly dividend to 9c per share – an increase of 12.5 per cent
