A report highlighting latest details of the plight of seafarers at the hands of Somali pirates was launched on Friday 22nd June at a press conference in London. The report, The Human Cost of Piracy 2011, is written jointly by Kaija Hurlburt of One Earth Future for its Oceans Beyond Piracy project an
Rialto has awarded the Front End Engineering Design (FEED) for the Gazelle Field Development to Petrofac. The work will be carried out in Petrofac’s Woking, UK office and is expected to be completed n October 2012. The Gazelle Field lies in Block CI-202 offshore Cote d’Ivoire and is being developed
Octanex N.L., through its wholly owned subsidiary Octanex NZ Limited, holds a 35% participating interest in each of PEP 51906 and PEP 53537, with OMV holding the remaining 65% participating interest in the permits. OMV acquired its interest in PEP 51906 through a farmin to Octanex’s then 100% intere
Colombia’s largest oil company, Ecopetrol S.A., placed the most competitive bids in 6 blocks in the “Central Planning Area Lease Sale 216/222” round through its U.S. affiliate (Ecopetrol America Inc.) held in New Orleans as was disclosed by the Bureau of Ocean Energy Management (BOEM), the governmen
ESL Shipping Ltd, part of Aspo Group, has sold its oldest ship, m/s Hesperia, for approx. EUR 3.3 million. The transaction was concluded yesterday, June 25, 2012. A sales gain of approx. EUR 2.4 million will be recorded in the profit for the second quarter. The sale of m/s Hesperia, built in 1991, i
KBR announced yesterday that it was selected as Höegh’s preferred engineer to execute pre-FEED studies for two of its projects off the coast of Israel and offshore Australia. KBR will provide the pre-FEED study for the King liquefied natural gas-floating production storage and offloading (LNG-FPSO)
Teledyne Benthos and Teledyne Webb Research, leading international marine technology providers, celebrated their 50th and 30th anniversaries last week at the company’s North Falmouth facility. Nearly 400 people celebrated the milestones, including employees and their families, customers, vendors, an
While the Beatles sailed the sea of green in their Yellow Submarine, no one’s aboard Lockheed Martin’s Marlin Autonomous Underwater Vehicle (AUV). And that’s what Lockheed Martin hopes will make it appealing to the offshore oil and gas industry. The advanced patented Echoscope® 3-D imaging sonar, pr
Recently Wan Hai Lines held christening ceremony for “WAN HAI 101″ and “WAN HAI 102″ at CSBC CORP., TAIWAN Keelung shipyard. Mr. Po Ting Chen, chairman of Wan Hai Lines presided over the ceremony. There are total 14 vessels ordered by Wan Hai to CSBC Corp, which will be delivered in two years. “WAN
Axial seamount, 480 kilometers (300 miles) off the coast of northern Oregon, is one of the best-studied underwater volcanoes in the world. For 30 years, researchers have explored this volcano using submersibles and monitored its activity using pressure sensors, tilt meters, temperature probes, and s
The advanced patented Echoscope® 3-D imaging sonar, produced by Coda Octopus Group Inc., has been selected by Lockheed Martin for a new fleet of autonomous subsea inspection vehicles. Echoscope® provides the Marlin™ Autonomous Underwater Vehicle (AUV) with the unique sensory inputs that enable the c
Royal Boskalis Westminster N.V. (Boskalis) announces that its associated company Smit Lamnalco has been awarded a 10-year contract with additional extension options by Esso Highland (a subsidiary of ExxonMobil) for providing terminal services at the Papua New Guinea liquefied natural gas (PNG LNG) e
Seafarers need to take an active role in helping the international community to win the battle against substandard shipping. That’s the message from the Maritime Authority of Jamaica (MAJ) on the international Day of the Seafarer today (June 25). As the maritime industry celebrates the contribution
FRISIA-Offshore, located in Germany, and Offshore Wind Services BV from the Netherlands announced a cooperation agreement. The intention of FRISIA-Offshore and OWS is to invest together in new Crew Transfer Vessels through a joint venture in the coming months. This joint venture will serve as growth
