Air Products’ global leading liquefied natural gas (LNG) technology and equipment will be floating on an LNG production platform 180 kilometers off the coast of Malaysia and producing 1.2 million tons per year of LNG when the PETRONAS Floating LNG Project 1 (PFLNG 1) comes onstream in late 2015. Air
Zyvex Technologies, the world’s first molecular nanotechnology company, yesterday announced the global launch of the LRV-17. The advanced Long Range Vessel is designed for fuel efficiency and rough sea stabilization with a sprint speed over 40 knots and a range of over 1,500 nautical miles, more tha
Funding announced on Monday by the Research & Development Corporation (RDC) is supporting the development of an innovative 3-D simulation software product that will enhance offshore oil and gas installation design and operations. Mount Pearl-based GRI Simulations Inc. is receiving $250,000 from RDC’
Wood Group announces a number of Board changes that will become effective 1 November 2012. * Chairman, Sir Ian Wood, will retire as Chairman and from the Board. Sir Ian has been Chairman since 1982 and was CEO from 1967 to 2006 * CEO, Allister Langlands, will become Chairman. Allister has been with
Funding announced by the Research & Development Corporation (RDC) is supporting the development of an innovative 3-D simulation software product that will enhance offshore oil and gas installation design and operations. Mount Pearl-based GRI Simulations Inc. is receiving $250,000 from RDC’s Proof of
Hydroid, a Cape Cod-based leading manufacturer of Autonomous Underwater Vehicles (AUV’s) has added 5 talented new employees to the company. Rich Amirault has joined Hydroid, Inc., a Pocasset-based manufacturer of Autonomous Underwater Vehicles (AUVs), as Manufacturing Manager. An accomplished manufa
The EPC conversion project P-63 (Papa Terra) is under construction at the COSCO Dalian yard in China. As a consequence of increased work scope compared with initial plans, the departure of the unit has been delayed. A thorough review of the consequences of the extended yard stay and additional scope
Grandweld Shipyards has celebrated the keel laying of the two new 33.5m Aluminum Crew Boats for Fujairah National Group (FNG) on 12th July 2012. The keel laying ceremony was attended by FNG representatives HE.Sheik Ahmad (Son of Fujairah Ruler), Mr. Saif Al Salami, Mr. Sami Al-Baghdadi, Mr. Sanjeev
Wärtsilä, the marine industry’s leading system integrator, will supply the main engines for a series of vessels being built for Kuwait Oil Tanker Co. (KOTC), a Subsidiary of Kuwait Petroleum Corporation. Four VLCCs (Very Large Crude Oil Carriers), one Aframax tanker and four medium-range tankers are
Pancontinental Oil & Gas NL (“Pancontinental”) announces that it has reached agreement with EL 0037 co-venturer Paragon Holdings Limited (“Paragon”) for Pancontinental to purchase 10% of Paragon’s interest in the EL 0037 licence for US$4 million. Pancontinental will now pay Paragon US$2 million and
Yu Zhang, Deputy Global Research Manager, Processing, Imaging & Reservoir, CGGVeritas, has been distinguished with the Society of Exploration Geophysicists’ (SEG) Virgil Kauffman Gold Medal in recognition of his recent innovative research in true amplitude wave equation migration. The Virgil Kauffma
Oil, ocean technology and environment companies are about to get a clearer and better view of deep sea activities. Clarenville-based SubC Control Ltd. yesterday received $115,957 from the Research & Development Corporation (RDC) for the creation of an underwater single-lens reflex camera, capable of
The EPC conversion project P-63 (Papa Terra) is under construction at the COSCO Dalian yard in China. As a consequence of increased work scope compared with initial plans, the departure of the unit has been delayed. A thorough review of the consequences of the extended yard stay and additional scope
On Wednesday, United Against Nuclear Iran (UANI) called on the Korean Register of Shipping (KR) to comply with new U.S. sanctions against the National Iranian Tanker Company (NITC), and stop certifying NITC ships and other Iranian vessels. Last week, the U.S. Treasury Department announced new sancti
