Rowan Companies plc announced today that it has exercised its option to build a fourth GustoMSC P10,000 design ultra-deepwater drillship with Hyundai Heavy Industries Co., Ltd. (“HHI”) with delivery scheduled in March 2015. The cost for this rig, including commissioning, project management and spare
Applied Acoustic Engineering has strengthened its Sales team with appointment of Julian Rickards as Technical Sales Advisor. Julian has more than 15 years experience within the industry with Acoustic and Inertial manufacturers so brings a wealth of valuable expertise to the company, including time s
Offshore oil and gas operators in the Gulf of Mexico continue to restore production following Tropical Storm Isaac, The Bureau of Safety and Environmental Enforcement (BSEE) has reported. Oil and gas operators continue to assess their facilities and are submitting damage reports to BSEE as required.
On 3 September 2012, tanker SCF Amur, owned by SCF group (Sovcomflot) passed Cape Dezhnev completing her transit along the Northern Sea Route (NSR) with a commercial cargo of 44,000 tonnes of petroleum products owned by “Gazpromneft”. The duration of the transit was 7 days. The average speed of the
The U.S. Army Corps of Engineers, New Orleans District recently began construction on a 46-month contract to provide increased drainage for the Carrollton area through drainage canal improvements along South Claiborne Avenue between Leonidas and Lowerline Streets. Tree removal work required for the
Sir Julius Chan, the Governor of Papua New Guinea’s New Ireland province, remains opposed to the Solwara 1 project. According to Radio New Zealand International, the Governor stated that seabed mining is a risk not worth taking. Nautilus, Canadian company in charge of the Solwara 1 project, claims t
MEO Australia Limited provides the following update in relation to the continuing project development activities related to the Tassie Shoal suite of projects. Following receipt of Expressions of Interest from major international industry participants for 8.3 million tonnes per annum of methanol off
Transocean Ltd. announced today that the company has reached definitive agreements to sell 38 shallow water drilling rigs to Shelf Drilling International Holdings, Ltd. for approximately $1.05 billion. The list of rigs to be acquired by Shelf Drilling in the transactions is provided as Appendix A. S
SMM 2012, 25th shipbuilding, machinery & marine technology international trade fair hamburg has confirmed its position as the industry’s leading international innovation forum. The exhibitors were satisfied, and there were streams of trade visitors from all parts of the world – SMM impressively conf
Melrose Resources plc , the oil and gas exploration, development and production company, today announces that it has agreed to farm-out 30 percent of its equity in the Est Cobalcescu exploration concession offshore Romania to Beach Petroleum S.R.L. Following completion of the transaction Melrose wil
Reference is made to the stock exchange notice dated 2 August 2012 regarding a contract worth approximately USD 7 million for the vessel EM Leader in Asia. The contract has been cancelled in mutual understanding with the customer due to unforeseen delays in obtaining the government permits required
New mobile Siwertell units have been ordered from Cargotec to meet the specific needs of three ports; all will benefit from high-capacity, dust-free bulk handling operations and low noise levels, ensuring minimal environmental impact Over the past four months Cargotec has secured orders for three ne
APM Terminals is now entering the attractive Russian market in a strategic partnership with the leading Russian transportation group, N-Trans. By acquiring 37.5 pct. of the public company Global Ports, APM Terminals becomes an equal controlling partner in the leading operator of container terminals
EMGS last month signed a contract worth approximately USD 7 million with a major international oil company to provide 3D EM acquisition and processing services in the Asia Pacific region. The contract has now been cancelled in mutual understanding with the customer due to unforeseen delays in obtain
