Rolls-Royce, the global power systems company, has been awarded a £15 million contract by STX OSV to supply an extensive deck equipment package for an advanced anchor handling vessel to be operated by Iceman AS. The package, which is designed to improve operational safety, will include a new anchor
AGR has been awarded a frame agreement with RWE Dea to provide reservoir services. As a result of recent exploration successes, E&P firm RWE Dea is looking to AGR’s Reservoir Management for the provision of subsurface services during exploration, interpretation, early field development and increased
On 10 May, 2012, an oil tanker managed by Dynacom Tankers Management Ltd. was reported hijacked while it was transiting the Arabian Sea. Twenty-six crew members have been held captive by suspected Somali pirates. The Liberian-flagged Tanker, the M/T SMYRNI, is carrying a cargo of 135000 MT of crude
Fears that Las Vegas could run dry are allayed with news that a connection to a new reliable water source is on schedule with a key phase finished this March. Years of drought have halved the capacity of the lake supplying the desert city, with the threat that the water level could fall below the [&
Seadrill, one of the largest drilling contractors in the world reported consolidated revenues for the first quarter of 2012 of US$1,050 million as compared to US$1,059 million in the fourth quarter 2011. The company, that boasts with a versatile fleet of 63 units that comprises drillships, jack-up r
Barnstaple and Aberdeen based engineering firm J+S recently returned from exhibiting at the biennial Defence Security Association exhibition in Kuala Lumpur, Malaysia. This is the second time J+S have demonstrated their capabilities in the Far East following their successful attendance at Oil & Gas
Oman Container Lines Inc. (OCL) announces the inclusion of a Port Sultan Qaboos in the Company’s Gulf Express Service (GEX). On 29th April, the Company introduced largerand faster tonnage on its fixed day weekly Liner service connecting Salalah and Jebel Ali, with the ALTONIA (1,730 TEU capacity). 3
Simek yard in Flekkefjord has been commissioned to deliver a PSV for Atlantic Offshore. The new vessel, which will be delivered in April 2013, ensures continued employment of up to 60 employees at the yard. Atlantic Offshore operates 26 vessels and large parts of the business is related to the North
Dong Energy, Fredericia (Denmark) and Nexans Deutschland have signed a contract for the delivery and installation of medium-voltage submarine cables for the West of Duddon Sands wind farm. The order for the wind farm located 15 kilometres west of Walney Island comprises 122 kilometres of submarine c
The Statnett Group reports profit after tax of NOK 265 million for the first quarter of 2012. The corresponding figure for the same period in 2011 was NOK 394 million. The reduction was due to downward adjustment of tariffs for 2012 and lower congestion revenues in the period. In the first quarter o
Building on the Australian oil and gas industry’s capacity to rapidly respond to an offshore well incident, the industry’s leaders announced funding of a world-class subsea response solution to be in place by early 2013. The announcement, at the annual Australian Petroleum Production & Exploration A
Sailors assigned to the Oliver Hazard Perry-class frigate USS Underwood (FFG 36) rescued six Peruvian fishermen drifting in a disabled vessel off the coast of Peru, May 10. The fishermen were isolated at sea for ten days after developing mechanical problems with their vessel. They were unable to rad
Drydocks World and Maritime World has implemented several new initiatives and deployed new highly advanced environmental friendly technologies. Drydocks World and Maritime World has today embarked on a ‘ZERO HARM’ health, safety and environmental initiative which envisages ZERO fatalities, ZERO inju
The Eight vessel of the LCT (Landing Craft Tank) Project undertaken by ANADOLU (ADIK) Shipyard on the Contract signed with SSM in 2009 (Turkish Undersecretariat of Defense Industries) NB 230 / Ç-158 was succesfully launched on May 11th 2012. ANADOLU Shgipyard has delivered the First vessel of the pr
