Metocean Services International (MSI) recently provided a real-time current measurement system for installation on the Maersk Guardian offshore Norway. StormGeo AS have in May of this year supplied a totally integrated live current and weather forecasting system to the Norwegian oil and gas market t
Siemens felt the impact of a more difficult global market environment in the third quarter of fiscal 2012. Thanks to a solid order backlog and positive currency translation effects, revenue was up ten percent compared to the third quarter of fiscal 2011. On the other hand, new orders were down 23 pe
BMT ARGOSS, a subsidiary of BMT Group Ltd, has secured a weather forecasting contract for a major oil company in the Java Sea. BMT ARGOSS’s expertise will be used to ensure the safe transfer of crews to and from offshore platforms and to optimise operability and minimise risks due to unexpected and
Rialto announces that the Gazelle-P4 development well was spudded on 25 July 2012 using the Transocean GSF Monitor drilling rig. Gazelle-P4 is testing the oil potential of the UC-2 and UC-4 oil reservoirs as well as the gas potential of the UC-3, UC-5, LC-1 and LC-2 gas reservoirs discovered by the
The International Maritime Pilots’ Association (IMPA) and the International Chamber of Shipping (ICS) have joined forces to update a brochure aimed at shipping companies and seafarers, reminding them of the vital need to ensure that ladders used for pilot transfers are safe and always rigged correct
Oceaneering International, Inc. today reported record second quarter earnings for the period ended June 30, 2012. On revenue of $673 million, Oceaneering generated net income of $72.6 million, or $0.67 per share. During the corresponding period in 2011, Oceaneering reported revenue of $546 million a
Tullow Oil plc (Tullow), the independent oil and gas exploration and production Group, announces its half-yearly results for the six months ended 30 June 2012. Tullow had an excellent first half. The Group’s strong financial performance was mainly driven by increased production, sustained high commo
The Bunga Alpinia incident this morning had unfortunately resulted in a fatality whilst four other MISC crew members are still missing. The identity of the deceased is yet to be confirmed. Currently, efforts are being made to put out the fire onboard the vessel. The vessel was loading methanol at th
Turbine Transfers Ltd, a wholly owned subsidiary of Holyhead Towing Company, has been awarded a multi-million-pound contract by RWE npower renewables to provide six crew transfer vessels for the Gwynt y Môr offshore wind farm. In addition, the company will provide two more vessels for the German Nor
GEOSHIPS Group, a marine and subsea services provider, has completed charter party negotiations with Singapore based Teras Offshore, for a new Offshore Deck Cargo Vessel, resulting in the planned recruitment of a further 40 offshore staff. Formed in 2003, Westhill-based GEOSHIPS will operate, manage
BMT ARGOSS, a subsidiary of BMT Group Ltd, has secured a weather forecasting contract for a major oil company in the Java Sea. BMT ARGOSS’s expertise will be used to ensure the safe transfer of crews to and from offshore platforms and to optimise operability and minimise risks due to unexpected and
GulfMark Offshore Inc., a company which serves major offshore energy markets in the world through the provision of marine transportation services, announced the construction of two additional Jones Act PSVs for the U.S. Gulf of Mexico. According to Bruce Streeter, President and CEO, this will bring
ConocoPhillips reported second-quarter 2012 earnings of $2.3 billion, or $1.80 per share, compared with second-quarter 2011 earnings of $3.4 billion, or $2.41 per share. The current quarter includes one month of downstream earnings related to discontinued operations associated with the April 30, 201
The Crown Estate today opened an industry engagement exercise to shape the future of wave and tidal leasing in the UK. With 37 sites leased to date, the UK already has a global lead in the wave and tidal industry and the exercise aims to help the industry grow further. The Crown Estate engagement [&
