BG Group, and partners, have approved the signature of contracts totaling $4.5 billion for the construction of the first six topside modules and integration packages for the eight domestic floating production, storage and offloading units (FPSOs) to be used on the Santos Basin pre-salt projects in b
Huntington Ingalls Industries, its Newport News Shipbuilding (NNS) division, has received a $43.4 million modification to a previously awarded contract from the U.S. Navy for purchase of materials for the construction of the aircraft carrier John F. Kennedy (CVN 79), the second ship in the Navy’s ne
Over the last 150 years, human beings have released hundreds of billions of tons of carbon dioxide into the Earth’s atmosphere. About one quarter of this carbon has been absorbed by the world’s oceans, causing them to become more acidic. Ocean acidification is especially dangerous to corals and othe
Oakwell Shipyard Co., Ltd., part of the Oakwell Group Company, has recently started operations in its shipyard facilities at Sattahip, Thailand. The yard goal is to become a reference point in the demanding world of shipbuilding & repair, with a unique combination of European standards and Asian dyn
Nido Petroleum Limited announce that its wholly owned subsidiary, Nido Production (Galoc) Pty Ltd, has signed a senior secured debt facility with Standard Bank pic for up to a maximum of US$30 million for a term of three years. The facility will provide a significant portion of Nido’s share of fundi
GE yesterday announced it has signed a more than US$600 million, 22-year contractual services agreement (CSA) with Chevron Australia Pty LTD to maintain the compression trains, power generation and associated equipment that will be at the heart of the Chevron-operated Gorgon Project off the northwes
Golden Ocean Group Limited announces that it has come to an agreement with Zhoushan Jinhaiwan Shipyard Co., Ltd. on amendment of three of the shipbuilding contracts. The agreement is related to the two Kamsarmax vessels Golden Excellence and Golden Explorer, and the Capesize vessel Golden Nantong. D
Sealing its position as a leading supplier of specialist offshore engineering solutions, Aquaterra Energy has opened a new office in the heart of the UK Oil and Gas industry, Aberdeen. Located on Albyn Terrace in Aberdeen’s West End, the Aquaterra Energy Aberdeen team comprises specialist Analysts a
NYK has received certification (assurance statement) from a third-party certifier that attests that NYK reports and discloses accurate numerical values regarding the data for greenhouse gas (GHG) emissions collected from NYK Group companies, after having performed calculations that meet the framewor
The “state of the art” vessel Seabed Worker has now reached port in Bristol and completed offloading a cargo of 48 tons Silver Bullion. The Seabed Worker is on charter for Odyssey Marine Exploration to salvage cargos of silver from the two shipwrecks Mantola and Gairsoppa. The Seabed Worker has curr
As a consequence of Bonheur ASA holding more than 50% of the shares of Ganger Rolf ASA, Ganger Rolf ASA is fully consolidated for accounting purposes as a subsidiary of Bonheur ASA. As Bonheur ASA and Ganger Rolf ASA have a joint ownership of their most important investments, the ownership structure
GE announced it has signed a more than US$600 million, 22-year contractual services agreement (CSA) with Chevron Australia Pty LTD to maintain the compression trains, power generation and associated equipment that will be at the heart of the Chevron-operated Gorgon Project off the northwestern coast
The Bureau of Ocean Energy Management (BOEM) and the Federal Energy Regulatory Commission (FERC) announced the availability of revised guidelines for potential marine hydrokinetic energy developers interested in pursuing technology testing and commercial development activities on the nation’s Outer
Jensen Maritime Consultants, a Crowley Maritime Corporation company, recently began designing a new vessel, theEric M. McAllister, a 5,150 horsepower, twin Azimuth Stern Drive (ASD) tugboat, for McAllister Towing. This vessel, which will be built by Senesco Marine LLC of North Kingstown, R.I., will
