Firmaet A.P. Møller, a Danish partnership, is the registered management of A.P. Møller – Mærsk A/S. Today, the Board of Directors has decided that Firmaet A.P. Møller shall step down as management on 1 January 2013. On the same date the current members of the Executive Board, Nils Smedegaard Anderse
A Damen CSD450 dredger was shipped within 3 weeks from receipt of the order. The environmental cutter suction dredger is right now on its way to Taiyaun, China, where it will arrive well in time to assist in fighting the sedimentation problem of the Fen river. The CSD450 dredger will be called “Fen
Lundin Petroleum AB announced that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has commenced the drilling of well 7220/10-1 in PL533 on the Salina prospect (formerly referred to as Pulk) in the Barents Sea. The well is located 54 km to the south west and on geological trend with the
Parker Hannifin Corporation, the global leader in motion and control technologies, has been awarded a contract by Northwind NV, a joint venture of the Colruyt Group and Aspiravi NV from Belgium. The scope of the agreement is for supply of infield array cables, cable accessories and offshore services
Philipp Rösler, German Minister of Economy, will meet with the Dutch Government representatives this week and discuss the financial problems that the transmission system operator TenneT is facing, Reuters writes. As reported earlier, due to its financial issues, the company is claimed to be responsi
China’s COSCO (Dalian) Shipyard Co. Ltd., has secured a USD170 million contract from Talland Navigation, a subsidiary of UK-based Foresight Limited, to construct an offshore jack-up drilling rig. The rig, of LeTourneau Super 116E Class design, with drilling depth of up to 30,000 feet, will be capabl
Dredging Corporation of India Ltd has announced its Financial Results for the period ended June 30, 2012. The company has posted net profit / (loss) of (Rs.66.8) million for the quarter ended June 30, 2012 as compared to Rs.30.2 million for the quarter ended June 30, 2011. Total income was at Rs.129
The U.S. Navy achieved successful open-water validation dives July 2012 on MK 16 MOD 1 Underwater Breathing Apparatus’ (UBA) electronic circuitry to extend service life into the next decade for a world-class unique diving rig capable of extreme depths in open sea water. Naval Surface Warfare Center
Renaissance subsidiary, Topaz Energy and Marine, a UAE-based oil field services company, has been awarded two new long term charters, totalling over $65 million, in the GCC and the Caspian Sea, two of the company’s major operating areas. It also confirms the acquisition of Topaz Rayyan and Caspian R
August 10th, 2012 DeepOcean AS (“DeepOcean”), a subsidiary of DeepOcean Group, has been awarded a significant call-off under the current long-term frame agreement for offshore survey services for Statoil. In general the frame agreement includes services covering light construction services, ROV surv
On Friday,August 10th, 2012 DeepOcean Group, announced it was awarded a significant call-off under the current long-term frame agreement for offshore survey services for Statoil. In general the frame agreement includes services covering light construction services, ROV surveys with hull mounted Mult
International mechanical engineering group, EnerMech, has signed a joint venture agreement with Saudi based Shoaibi Group to form EnerMech Saudi Arabia Limited (EnerMech S.A. Ltd). Based in Al Khobar, Saudi Arabia, EnerMech S.A. Ltd will provided crane, hydraulics, valves, process, pipelines and umb
COSCO (Dalian) Shipyard Co. Ltd, a subsidiary of COSCO Shipyard Group Co. Ltd., has secured a USD170 million contract from Talland Navigation Limited Corporation to build one unit Jack- up Drilling Rig based on the LeTourneau Super 116E Class design. The Rig will be built to ABS classification, with
International mechanical engineering group, EnerMech, has signed a joint venture agreement with Saudi based Shoaibi Group to form EnerMech Saudi Arabia Limited (EnerMech S.A. Ltd). Based in Al Khobar, Saudi Arabia, EnerMech S.A. Ltd will provided crane, hydraulics, valves, process, pipelines and umb
