China Oilfield Services Limited announced that its wholly-owned subsidiary, COSL Finance BVI Limited, has successfully completed a USD 1 billion 10-year senior notes issue. This offshore notes issue was guaranteed by COSL. The issue price of the notes will be 99.341% of its principal amount, with an
Energy Partners, Ltd. provided its initial assessment of the impact of Hurricane Isaac on its operations. In advance of Hurricane Isaac, EPL safely evacuated all personnel from its operations in the Gulf of Mexico and shut in 100% of its oil and gas production. The majority of EPL’s core properties
Drydocks World, the world leader prolific shipyard, will have a strong representation at Europe’s largest maritime exhibition, SMM being organized in Hamburg-Germany from 4th to 7th September 2012. This year’s event is the largest ever and is expected to attract visitors from all over Europe and bey
The Marine & Offshore Black Box Recorder has been specifically designed for the demands of professional marine and offshore operators to increase the safety of the crew and reduce the risk from chronic injuries associated with operating in open and coastal seas. Shock-loads are recorded alongside GP
IHC Hydrohammer®, part of IHC Merwede, has been awarded a contract by Seaway Heavy Lifting to design and manufacture the S-2500 piling hammer, which is the largest ever built by the company. The order highlights the strong and reliable cooperation that has developed between the two companies over mo
In July, Hydrex diver/technician teams carried out underwater stern tube seal repairs on a 271-meter oil tanker in Fujairah, and on a 195-meter roro vessel in Panama. Because both vessels were experiencing oil leaks, a fast repair was required by the classification societies. Using the company’s fle
IHC Hydrohammer®, part of IHC Merwede, has been awarded a contract by Seaway Heavy Lifting to design and manufacture the S-2500 piling hammer, which is the largest ever built by the company. IHC Hydrohammer is delighted to be chosen as the supplier of this equipment and the order highlights the stro
IHC Hydrohammer®, part of IHC Merwede, has been awarded a contract by Seaway Heavy Lifting to design and manufacture the S-2500 piling hammer, which is the largest ever built by the company. IHC Hydrohammer is delighted to be chosen as the supplier of this equipment and the order highlights the stro
Total said that, together with its partners, it was studying ways to make Russia’s Shtokman gas field in the Barents Sea economically viable after financing costs became too high, reported Reuters. Total also told Reuters that the company and the partners have not decided to postpone the project ind
Neptune™ Flotation, innovators in flotation solutions, has released its full line of pipe, cable & hose floats with Clamp Tite™. Many dredgers have found that it is common for pipe floats to slip around the pipeline and eventually bunch up together. When this happens, part of the pipeline becomes su
SMIT announced the addition of a further two large vessels to its anchor handling tug fleet. Union Sovereign and Union Princess are rated at 180 tonnes bollard pull. The vessels are managed from SMIT’s Antwerp office and are manned by well trained, highly experienced crews with excellent SHE-Q recor
MTU Ibérica, a subsidiary of the German propulsion solution specialist MTU Friedrichshafen and the Spanish shipbuilder Navantia opened a common training center today in Cartagena/Spain. This training center is part of a strategic long-term cooperation between both companies. Navantia has chosen the
Italian dredge builder Metalmeccanica Strobietto has installed a Metso Thomas TU46WD underwater dredge pump on the aggregate dredger Nessie. The pump dimensions are 22 inches by 20 inches by 46 inches (suction/discharge/impeller diameter.) Albert “Bubba” Savage, Metso dredge pump product manager, st
The Sonic 2024 is the world’s first proven wideband high resolution shallow water multi beam echo sounder. With proven results and unmatched performance, the Sonic 2024 produces reliable and remarkably clean data with maximum user flexibility through all range settings to 500m. The Sonic 2024 is now
