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Business & Finance

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USA: Successful Demonstration of Capping Stack Deployment
Business & Finance

USA: Successful Demonstration of Capping Stack Deployment

Marine Well Containment Company (MWCC), Shell Oil Company and the Bureau of Safety and Environmental Enforcement (BSEE) yesterday announced the successful demonstration of the industry’s ability to respond to a deepwater well control incident in the U.S. Gulf of Mexico. At the direction of the Depar

about 14 years ago
Prosafe Secures Contract for Safe Scandinavia in UK North Sea
Business & Finance

Prosafe Secures Contract for Safe Scandinavia in UK North Sea

Prosafe has been awarded a contract by an undisclosed client for the provision of the Safe Scandinavia accommodation support rig at a project in the British sector of the North Sea. The firm period of the contract is 187 days with on-site operations planned to commence April 2013. Total value of the

about 14 years ago
Investors Test Wave Energy Converters in the Atlantic Ocean
Business & Finance

Investors Test Wave Energy Converters in the Atlantic Ocean

During this summer, two Finnish wave energy converter devices will be tested to prove the viability of wave energy. As Yle reports, these prototypes from two Finnish investors are being demonstrated in the Atlantic Ocean. The „WaveRoller“, one of the devices, will be demonstrated off the coast of Po

about 14 years ago
Italy: Fincantieri Wins USD 147 Million Ferry Contract
Business & Finance

Italy: Fincantieri Wins USD 147 Million Ferry Contract

Fincantieri, one of the world’s leading shipbuilders, has been awarded a contract to build a latest generation ferry by Société des traversiers du Québec (STQ), a Canadian company that operates in maritime passenger transport. The contract, awarded following a public tender in which major competitor

about 14 years ago
Safe Scandinavia to Move to UK North Sea in 2013
Business & Finance

Safe Scandinavia to Move to UK North Sea in 2013

Prosafe, a Cyprus-based owner of semi-submersible accommodation/service rigs has been awarded a contract by an undisclosed client for the provision of the Safe Scandinavia accommodation support rig at a project in the British sector of the North Sea. The firm period of the contract is 187 days with

about 14 years ago
Russia: Rosmorport’s Arkhangelsk Branch Gets New Vessel
Business & Finance

Russia: Rosmorport’s Arkhangelsk Branch Gets New Vessel

On July 26, the head MP boat of the MPB14 Project, works number 402 (“Lebedin”), was handed over to the FSUE “Rosmorport” Arkhangelsk Branch. This boat is the second of six MP boats of the MPB14 Project, constructed on the FSUE’s request by Moskovskiy Sudostroitelniy i Sudoremontniy Zavod, P.C. The

about 14 years ago
USA: BSEE Successfully Completes Deepwater Well Containment Exercise
Business & Finance

USA: BSEE Successfully Completes Deepwater Well Containment Exercise

The Bureau of Safety and Environmental Enforcement (BSEE) announced the successful completion of the first-ever, full-scale deployment of critical well control equipment to exercise the oil and gas industry’s response to a potential subsea blowout in the deepwater of the Gulf of Mexico. BSEE Directo

about 14 years ago
Superior Energy Reports Solid Operating Results (USA)
Business & Finance

Superior Energy Reports Solid Operating Results (USA)

Superior Energy Services, Inc. announced net income from continuing operations of $142.8 million, or $0.90 per diluted share, and net income of $141.9 million, or $0.89 per diluted share, on revenue of $1,243.3 million for the second quarter of 2012. Non-GAAP adjusted earnings from continuing operat

about 14 years ago
Petrobras Produces USD 2.58m BOED in June (Brazil)
Business & Finance

Petrobras Produces USD 2.58m BOED in June (Brazil)

Petrobras’ average domestic and foreign oil and natural gas output in June was 2,583,415m barrels of oil equivalent per day (boed). Output for domestic fields was 2,338,812 boed. Both domestic and total output remained unchanged on the previous month. Foreign output was 244,603 boed, a 2.5% decrease

about 14 years ago
NOAA Ship Fairweather Begins Survey Mission in Arctic
Business & Finance

NOAA Ship Fairweather Begins Survey Mission in Arctic

NOAA Ship Fairweather begins a 30-day survey mission in the Arctic this week, scheduled to check a sparsely measured 1,500-nautical mile coastal corridor from Dutch Harbor, Alaska, north through the Bering Strait and east to the Canadian border. The mission will collect needed information to determi

about 14 years ago
Congo: Chevron Moves Ahead with Development of Lianzi Field
Business & Finance

Congo: Chevron Moves Ahead with Development of Lianzi Field

Chevron Corporation announced that its subsidiary will proceed with the development of the Lianzi field located in a unitized offshore zone between the Republic of Congo and the Republic of Angola. Located 65 miles (105 km) offshore in approximately 3,000 feet (900 meters) of water, the Lianzi field

about 14 years ago
Germany: First GL MachineryManager Software Onboard Car Carrier
Business & Finance

Germany: First GL MachineryManager Software Onboard Car Carrier

GL Maritime Software, the software and systems integration unit of classification society Germanischer Lloyd (GL), in cooperation with SKF, has installed the first prototype of its GL MachineryManager software onboard the CSAV Rio Blanco, a car carrier owned and managed by German shipping company F.

about 14 years ago
Borders & Southern Plugs Stebbing Well (Falkland Islands)
Business & Finance

Borders & Southern Plugs Stebbing Well (Falkland Islands)

Borders & Southern announces that well 61/25-1 (Stebbing) has been successfully plugged and abandoned, bringing to an end the Company’s current two well drilling programme. The Leiv Eiriksson drilling rig will now be assigned to Falkland Oil and Gas for its two well programme after which it will be

about 14 years ago
NOAA Ship Fairweather Starts Survey Mission in Arctic Waters
Business & Finance

NOAA Ship Fairweather Starts Survey Mission in Arctic Waters

NOAA Ship Fairweather begins a 30-day survey mission in the Arctic this week, scheduled to check a sparsely measured… [mappress] Source: NOAA , July 31, 2012; Image: NOAA

about 14 years ago
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