Scorpio Tankers Inc. announced on Wednesday (September 5th) that it has taken delivery of STI Ruby, the third MR vessel under its previously announced Newbuilding program. STI Ruby is the third of ten vessels scheduled for delivery under the Company’s Newbuilding program. Upon delivery, the vessel b
The Prysmian Group, world leader in the energy and telecom cables and systems industry, has signed an agreement to acquire 100% of Global Marine Systems Energy Limited (GME) from Global Marine Systems Ltd (GMSL) for a purchase price of approximately €53 million. GME is a British company active in th
The Prysmian Group, world leader in the energy and telecom cables and systems industry, has signed an agreement to acquire 100% of Global Marine Systems Energy Limited (GME) from Global Marine Systems Ltd (GMSL) for a purchase price of approximately €53 million. GME is a British company active in th
In the fight to reduce harmful emissions to the air, LNG as a ship fuel is gathering increasing attention in the maritime community. The virtual elimination of sulphur and particulate emissions and significant reductions to NOx and CO2, mean that the LNG option must be on the planning table of every
EvoLogics GmbH, a leading manufacturer of underwater information and communication systems from Berlin, Germany, announced the EvoLogics underwater acoustic modem emulator that recently underwent successful beta-testing and will soon be available to the customers. After releasing the WiSE (White Lin
Leading specialist subsea services group Acteon has appointed Kevin Revere as vice president. Based in Kuala Lumpur, Revere will report to Bernhard Bruggaier, executive vice president. He will initially provide support to Asia-based business CAPE as the company expands its product and service offeri
Recently, the ultra-large offshore wind installation platform project, developed by COSCO Nantong Shipyard and recommended by the Science and Technology Department of Jiangsu Province, was included in the 2012 National Key New Project Plan. This is the first COSCO Shipyard project to enter the Natio
Lundin Norway AS has confirmed an option in the Edvard Grieg topside contract for Kvaerner to perform the offshore hook-up and commissioning assistance. Estimated value is NOK 525 million (approx. 89 million USD). Kvaerner was in May awarded a contract by Lundin Norway AS to perform engineering, pro
Around 1 AM on Sunday morning 2nd September 2012 the MS Eagle Matsuyama moored at the recently constructed jetty at Vopak Terminal Eemshaven. It was the first oil tanker to moor at the newly constructed terminal. The jetty has a direct pipeline connection to the Vopak storage tanks. The oil tanker c
InterMoor successfully replaced (8) spiral-strand platform wires on a permanent production facility in May 2011 without requiring a platform shutdown or loss of production. The operation was completed using a single Construction Anchor-Handling Vessel (CAHV) at a significant cost savings from the tr
Det norske oljeselskap ASA, has as partner in PL 533 (20 percent), received indication of hydrocarbons presence in the Salina prospect, where Eni Norge AS is the operator. Drilling operations in the reservoir section are still at an initial phase and the final results are thus not yet available. The
Swedish CRYO AB delivers another world first as they are designing and building the tank and bunkering system for the world’s first Marine Liquid Natural Gas (LNG) supply vessel for Ship to Ship bunkering. The supply vessel is commissioned by AGA Gas AB and will operate in Stockholm Harbour in Swede
GeoGlobal Resources Inc. announced that the Myra-1 well reached a final Total Vertical Depth Subsea (“TVDSS”) of approximately 5,200 metres. Based on logging performed during the drilling, sands were encountered in the Miocene but they appeared to be water saturated and no significant quantities of
Georgia Ports Authority (GPA) Executive Director Curtis J. Foltz told a crowd of more than 1,200 at the annual State of the Port event that the Authority experienced record cargo volumes, significant infrastructure improvements and continued environmental leadership in FY2012. The Port of Savannah m
