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Norway: Ulstein Launches Blue Prosper PSV
Business & Finance

Norway: Ulstein Launches Blue Prosper PSV

Norway’s Ulstein Verft yesterday succesfully launched a new PSV, Blue Prosper (Yard no. 294), the second of two medium-sized platform supply vessels (PSV) of the new PX121 design from ULSTEIN® for Blue Ship Invest. The platform supply vessel was launched from the dock after the final paintwork had b

about 14 years ago
USA: Oceaneering Employs New Senior Vice President and COO
Business & Finance

USA: Oceaneering Employs New Senior Vice President and COO

Oceaneering International, Inc. announced that Roderick A. Larson has agreed to join Oceaneering as Senior Vice President and Chief Operating Officer. His employment is anticipated to commence no later than the end of May 2012. Mr. Larson will have worldwide responsibility for all of Oceaneering’s o

about 14 years ago
Norway: Launching of Platform Supply Vessel Construction for Blue Ship Invest
Business & Finance

Norway: Launching of Platform Supply Vessel Construction for Blue Ship Invest

Yard number 294 from Ulstein Verft was successfully launched in the afternoon of 9 May. The platform supply vessel of PX121 design from ULSTEIN under construction for Blue Ship Invest was launched from the dock after the final paintwork had been carried out inside the dockhall. The vessel is due for

about 14 years ago
UK: YSI’s EXO Breaks ‘Sonde Barrier’
Business & Finance

UK: YSI’s EXO Breaks ‘Sonde Barrier’

YSI, a Xylem company, has launched a new range of ‘EXO’ water quality monitoring sondes that will radically improve the simplicity, reliability and versatility of monitoring activities in groundwater, surface water and marine applications. Designed for both hand-held or remote monitoring work and bu

about 14 years ago
China: Afai Southern Launches New Aluminum Catamaran Fast Ferry
Business & Finance

China: Afai Southern Launches New Aluminum Catamaran Fast Ferry

In the afternoon of May 9, 2012, “HAIYAO”, the 35m aluminum catamaran fast ferry built by Afai Southern for HAITONG SHIPPING CO, was launched successfully. The Chairman Mr. Lao Zhiwei of State-owned Assets Supervision and Administration Commission of ZHUHAI, President Mr.Chen Yuanhe of ZHUHAI JIUZHO

about 14 years ago
Germany: RWE Expects Stable 2012 Earnings
Business & Finance

Germany: RWE Expects Stable 2012 Earnings

After significant one-off burdens caused by energy policy decisions taken in Germany during 2011, RWE will regain ground this year. However, in the first quarter of 2012 the Group was not able to match the result for the same period in the previous year. Declining margins in electricity generation a

about 14 years ago
MIO to Provide Vessels for Chevron’s Operations Offshore Thailand
Business & Finance

MIO to Provide Vessels for Chevron’s Operations Offshore Thailand

Miclyn Express Offshore (“MIO”) has secured a 5 year contract worth approximately US$130 million for 21 Crew/Utility Vessels to service Chevron`s production logistics in the Gulf of Thailand. The new contract is a continuation of a long standing relationship between MIO and Chevron in the region, un

about 14 years ago
USA: Congressman Pallone Questions Seismic Tests Off Atlantic Coast
Business & Finance

USA: Congressman Pallone Questions Seismic Tests Off Atlantic Coast

Yesterday, at a hearing of the House Committee on Natural Resources, Congressman Frank Pallone, Jr. questioned the Department of Interior’s Director of the Bureau of Ocean Energy Management Tommy Beaudreau about the Administration’s decision to allow new seismic testing for oil exploration off the A

about 14 years ago
Spain: Gamesa Reports Loss in Q1 2012
Business & Finance

Spain: Gamesa Reports Loss in Q1 2012

The complex economic environment, volatility in many of the main wind markets, the new product launches and the industry’s seasonality had a temporary impact on Gamesa’s profitability and debt. Nevertheless, the company’s market and business diversification and the synergies between the wind turbine

about 14 years ago
USA: GCT Unveils Plans for Bayonne Container Terminal Expansion Project
Business & Finance

USA: GCT Unveils Plans for Bayonne Container Terminal Expansion Project

Global Container Terminals Inc., a leading North American marine terminal operator with facilities on both coasts, yesterday unveiled final plans for a multi-million dollar expansion project to develop a 70-acre technologically advanced container terminal on the Bayonne, NJ, waterfront. When complet

about 14 years ago
Norway: Milestones Set for Johan Sverdrup Discovery
Business & Finance

Norway: Milestones Set for Johan Sverdrup Discovery

The licensees of Norway’s Johan Sverdrup discovery will select a development concept in the fourth quarter of 2013, and aim to start production in the last three months of 2018. With a forecast producing life of more than 30 years, the production time frame for this North Sea find extends to 2050. A

about 14 years ago
Norway: Statoil to Drill Four New Wells at Skrugard Area
Business & Finance

Norway: Statoil to Drill Four New Wells at Skrugard Area

Statoil ASA, together with partners Eni Norge AS and Petoro AS, has established a plan for further exploration drilling in the Skrugard area. The exploration campaign will comprise four new prospects and is scheduled to commence late 2012. The objective is to follow up on the Skrugard and Havis disc

about 14 years ago
TGS Begins Seismic Survey in UK North Sea
Business & Finance

TGS Begins Seismic Survey in UK North Sea

TGS has commenced acquisition of a 3D multi-client survey covering 3,210 km2 in the Erlend Basin on the UK Continental Shelf, West of Shetlands. This is the first multi-client 3D survey in the Erlend Basin and builds on the improved imaging shown by the reprocessed TGS North Sea Renaissance 2D data.

about 14 years ago
USA: Diamond Offshore Orders Drillship. Sells 4 Rigs
Business & Finance

USA: Diamond Offshore Orders Drillship. Sells 4 Rigs

Diamond Offshore Drilling, Inc. has entered into a turnkey contract with Hyundai Heavy Industries Co., Ltd. for construction of a new ultra-deepwater drillship with delivery scheduled in the fourth quarter of 2014. Total cost, including commissioning, spares and project management, but excluding cap

about 14 years ago
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