Leo Hambro from Tidal Transit has announced an extension of contracts for both of its stateoftheart transfer vessels working for wind farm development companies in the North Sea. “One of the vessels, Eden Rose, is under contract to Scira Offshore Energy Limited, the company developing the Sheringham
Rialto provides the following update on the drill stem testing of the Gazelle-P3 ST2 well announced on 25 June 2012. Following the successful completion of wireline logs, vertical seismic profiling and sidewall coring operations on the Gazelle-P3 ST2 well, the drill stem testing programme has commen
Leo Hambro from Tidal Transit has announced an extension of contracts for both of its state-of-the-art transfer vessels working for wind farm development companies in the North Sea. “One of the vessels, Eden Rose, is under contract to Scira Offshore Energy Limited, the company developing the Shering
Professor Mark Patterson of the Virginia Institute of Marine Science will next week team with National Geographic’s Explorer-in-Residence Dr. Sylvia Earle on what could be the last expedition to NOAA’s Aquarius Undersea Laboratory, the world’s only underwater research station. Their weeklong mission
On July 10 the Irish Maritime Development Office released a Shipping Markets Review for week 27, 2012, which provides an in depth analysis of international shipping markets and a global economic overview for the week. Based on the report, the container market top 20 carriers remain locked in intense
Cyprus-based SD Standard Drilling Plc (“Standard Drilling”) has entered into a final SPA for the sale of one rig (B325) under construction for a total consideration of USD 213,5m. The buyer is Arabian Drilling Company, a company incorporated in Saudi Arabia. The sale of the rig will give an estimate
Fairstar Heavy Transport N.V., a provider of high-end ocean transportation services, announced today that it intends to issue up to USD 335 million of five-year, senior secured debt securities in a private placement not registered under the U.S. Securities Act of 1933. The proceeds of the proposed o
Greatship Global Offshore Services Pte. Ltd. (GGOS), a Singapore incorporated subsidiary of Greatship (India) Limited (GIL), which is a wholly owned subsidiary of The Great Eastern Shipping Company Limited has taken delivery of a Platform/ROV Support Vessel, GREATSHIP ROOPA, from Colombo Dockyard Pl
Greatship Global Offshore Services Pte. Ltd. (GGOS), a Singapore-based arm of Greatship (India) Limited (GIL), has taken delivery of a Platform/ROV Support Vessel, GREATSHIP ROOPA, from Colombo Dockyard Plc, Sri Lanka. Greatship Roopa is a DP2 vessel, capable of supporting offshore exploration and p
Emerald Networks, a new-build network submarine cable system that will connect North America to Europe and Iceland with extraordinary new capacity, announced and welcomed Dr. Gisli Hjalmtysson, CEO of Thule Investments, as the newest member of its Board of Directors. Dr. Hjalmtysson brings with him
YOUMARES is the name for the international conference of young marine researchers and engineers organized by the study group of the German Society for Marine Research (DGM). This event addresses all young marine scientists and engineers from all disciplines of fundamental and applied research, indus
Rockhopper, the North Falkland Basin oil and gas company, has entered into a conditional farm-out agreement with Premier Oil plc (“Premier”), regarding the Company’s interests in its petroleum licences in the North Falkland Basin The agreement provides Premier with a 60 per cent interest in all of R
Positioneering, the first dedicated provider of global GNSS-based precise-positioning services to enter the offshore market in over a decade, has announced the appointment of David Stephen to the position of General Manager of its Europe-Africa business. David joins from Specialist Subsea Services w
Nordecon AS and Kärdla Sadam Foundation signed a contract for the construction of Kärdla town (center of Estonia’s second biggest island Hiiumaa) guest harbour. The works consist of dredging 35,000 cubic meters, construction of seawalls in length of 500 meters and development of harbour’s operating