On Thursday, 14 June 2012, the research vessel Polarstern left Bremerhaven on course for the Arctic. 44 expedition participants from institutions from Germany, Belgium, USA and the United Kingdom will spend around one month at sea. Their main study area is the Fram Strait between Spitsbergen and Gre
FoundOcean announced that Ambienta SGR, Europe’s largest private equity fund focused on the environmental sector, has signed an agreement to acquire a 35% stake in the company. Jim Bell, Managing Director at FoundOcean explained, “We are delighted that Ambienta has chosen to invest in FoundOcean as
Stolt-Nielsen Limited announced on June 7th that Avance Gas Holding Ltd. (AGHL), a company owned equally by Sungas Holdings Ltd. and Stolt-Nielsen Gas Ltd., has agreed to acquire two VLGCs-Maran Gas Knossos and Maran Gas Vergina-from Maran Gas Maritime Inc. The ships are expected to join Avance Gas
CNOOC Limited announced today that its parent company, China National Offshore Oil Corporation (CNOOC) has signed a production sharing contract (PSC) with Primeline Energy China Limited (PECL) and Primeline Petroleum Corporation (PPC) (jointly as “Primeline”) for Block 33/07 in the East China Sea. B
Leading international oilfield service provider Expro will provide a full well services contract to a large operator in Australia in a huge multi-million dollar contract estimated in the region of $20million (£12.8miilion). Expro will provide well test, wireline, surface sampling, drill stem testing
The IMO Council has unanimously agreed to award the prestigious International Maritime Prize for 2011 to Mr. E.E. Mitropoulos, Secretary-General Emeritus of IMO, Secretary-General of the Organization from 2004 to 2011, for his significant contribution to the work of IMO during a long and distinguish
Leading international oilfield service provider Expro will provide a full well services contract to a large operator in Australia in a multi-million dollar contract estimated in the region of $20million (£12.8miilion). Expro will provide well test, wireline, surface sampling, drill stem testing (DST
Keppel FELS Limited (Keppel FELS) is set to deliver ENSCO 8506, the seventh semisubmersible (semi) drilling rig in the ultra-deepwater ENSCO 8500 Series® to Ensco safely, on time and within budget. ENSCO 8506 has been contracted to Anadarko Petroleum Corporation for deployment in the U.S. Gulf of Me
Long standing customer Ensco has to date entrusted Keppel with 19 major newbuild projects worth more than US$4.8 billion. Keppel FELS Limited (Keppel FELS) is set to deliver ENSCO 8506, the seventh semisubmersible (semi) drilling rig in the ultra-deepwater ENSCO 8500 Series® to Ensco safely, on time
S.D.E Ltd., the leading company in the world in electricity production from sea wave energy, is planning to build its unique sea wave energy power plants along the costal line of Ecuador main land and the island of Galapagos. SDE was selected by a team of international scientists as number one in th
Salvage activity last week has focused on the demobilising of equipment after the joint venture salvage partners, Smit and Svitzer, completed the current phase of the salvage operation by recovering all accessible containers, a month ahead of schedule. In respect to salvage activities a total of 940
TTS Group ASA, Bergen has through its subsidiary Company TTS ships equipment AS secured four contracts with STX OSV Brattvaag building, STX OSV Soviknes and Kleven Maritime in a total value of 30 MNOK (USD 5 million). The contracts with STX OSV Brattvaag relate to vessel no. 793 and vessel no.794 fo
On June 22, 2012, the launching ceremony of the third vessel in a series multipurpose salvage vessel “SPASATEL ZABORSHCHIKOV” yard number 703, capacity 4 МW, project MPSV07 will take place at Nevsky Shipyard’s slipway. The construction of the vessels of the series is carried out in accordance with t
Portunus Port Spares and Services from Turkey signed a contract with TCDD – Turkish State Railways for N.5 Ship To Shore Gantry Crane’s complete refurbishment and the project kicked-off in the end of 2011. In a very short time, Portunus completed the first ship to shore gantry crane and handed it ov