Providence Resources P.l.c., (“Providence”) the Irish oil and gas exploration and production company, whose shares are quoted in London (AIM) and Dublin (ESM),has provided a technical update on the Barryroe oil discovery in the North Celtic Sea Basin, offshore Ireland. Providence (80%) operates Barr
Wilhelmsen Ships Service has announced that it will hold current list prices for the remainder of 2012 on the majority of its product portfolio. This comes as a direct response to the challenging market conditions and the company’s intention to share reduced operating costs and cost savings with its
The ROV/Survey vessel SHARK 1, which is fully equipped for safe and efficient offshore operations in the Black Sea, is nearing completion in Constanta Shipyard, Romania and will be launched in August 2012. In addition to the capabilities needed for surveys, the vessel can also offer ROV support for
The ROV/Survey vessel SHARK 1, which is fully equipped for safe and efficient offshore operations in the Black Sea, is nearing completion in Constanta Shipyard, Romania and will be launched in August 2012. In addition to the capabilities needed for surveys, the vessel can also offer ROV support for
The ROV/Survey vessel SHARK 1, which is fully equipped for safe and efficient offshore operations in the Black Sea, is nearing completion in Constanta Shipyard, Romania and will be launched in August 2012. In addition to the capabilities needed for surveys, the vessel can also offer ROV support for
EGS Americas Inc and EGS Metocean Sound Sciences announce that they have further enhanced the international subsea survey and metocean capabilities with the recent addition of Mr. Ninad Gupte. Mr. Gupte has joined the US based EGS companies as Technical Manager; he brings 20 years of combined Indian
Mitsubishi Heavy Industries, Ltd. (MHI) will install its innovative “Mitsubishi Air Lubrication System” (MALS) on two large cruise ships to be built for the AIDA Cruises, a German brand of Carnival Corporation & plc. MALS is MHI’s proprietary technology that reduces fuel consumption and carbon dioxi
Dragon Oil plc, an international oil and gas exploration, development and production company, publishes the results of completion and initial testing for three development wells and an updated rate for the 28/169 well in the Dzheitune (Lam) field. The Dzheitune (Lam) C/170 well was completed as a du
Abu Dhabi Marine Operating Company has chosen DNV Software to deliver asset integrity management software and services covering their fixed and floating offshore installations, pipelines and processing facilities. This significant contract represents an industrial recognition of DNV Software’s Enter
TTS Group ASA announced it has finalized its sale of the drilling equipment business to Cameron in an all cash transaction. CEO & President of TTS Group, Johannes D. Neteland said: ” This divestment is an active step by TTS to participate in the on-going further developments of the drilling equipmen
Kleven Maritime has signed a contract with offshore ship owning company Ugland Offshore on the delivery of a platform supply vessel of SALT 100 PSV design. The vessel is to be delivered from Kleven Verft in Ulsteinvik Q1 2014. The contract also includes an option for a second vessel. Currently Kleve
Norway’s TTS Group ASA today announced it has finalized its sale of the drilling equipment business to Cameron International Corporation for USD 270 million, plus a turnover based earn-out model for a three-year period. CEO & President of TTS Group, Johannes D. Neteland said: “This divestment is an
The world’s largest LNG producing company, Qatargas, has awarded pipeline engineering company STATS Group a multi-million pound 10 year contract to provide remote pipeline isolation equipment. STATS will design, manufacture, test and supply a new range of high integrity Remote Tecno Plugs™ for 32”,
Today at the World Gas Conference 2012 in Kuala Lumpur, Lloyd’s Register launched its Rules for Floating Liquefied Natural Gas (FLNG) facilities, formulated through its extensive work with Shell on their Prelude FLNG project. Upon completion, Prelude will be the largest manmade floating object, meas
