Magma Products, a leading oil and gas engineering consultancy, has completed a £750,000 move to new offices as it looks to recruit 20 engineers as part of its long-term growth strategy. Aberdeen-based Magma, a North Sea commissioning and start-up specialist, has moved in to 4,150 sq ft premises at T
Drydocks World, the established international player in ship repair, conversion and new building, signed an MoU with BIG InvestConsult AG, a Swiss company, operating in the area of innovative technologies transfer, as well as investment projects, brokerage and finance. The MoU was signed during the
Two Incat Crowther 55m Catamaran Crew Boats, to be named SEACOR Lynx and SEACOR Leopard, are under construction at Gulf Craft LLC in Louisiana, USA. The vessels’ operator, SEACOR Marine, is a progressive company that pioneered the use of fast catamarans in the offshore industry with the commissionin
Vattenfall announced the results for the first quarter 2012. ”During the quarter we successfully concluded our divestment programme of our noncore assets. In January we received a combined total of SEK 21 billion for the sale of operations in Belgium, Finland and Poland. We have thereby been able to
Two Incat Crowther 55m Catamaran Crew Boats, to be named SEACOR Lynx and SEACOR Leopard, are under construction at Gulf Craft LLC in Louisiana, USA. The vessels’ operator, SEACOR Marine, is a progressive company that pioneered the use of fast catamarans in the offshore industry with the commissionin
OOO LUKOIL-Nizhnevolzhskneft (a wholly-owned LUKOIL subsidiary) and Saipem SPA (Italy) signed a contract to construct subsea pipelines to transport oil and gas from the Northern Caspian fields. The contract calls for the laying of two pipelines on the seabed to connect the riser block located at the
Swedish oil and gas exploration an production company, Lundin Petroleum today says the sidetrack 16/2-11A of the appraisal well 16/2-11 has confirmed good quality in Upper and Middle Jurassic reservoir. The well was drilled some 3.3 km southwest of the discovery well 16/2-6 and 760 metres north east
Heesen Yachts on Saturday April 28th 2012 christened its new yacht the MY Lady Petra (YN 15747 ). Launched at the facility in Oss this new vessel is the eighth in Heesen’s award-winning 47metre class. This project, which began when the contract was signed back in 2010, is very special for the Compan
With the offshore production industry seeking to increase the efficiency and availability of its deepwater equipment, GE has introduced a new blowout preventer (BOP) stack with an interchangeable lower marine rise package (LMRP) and lower stack frames. Traditionally, the lower marine rise package an
US based Halliburton has signed a Strategic Cooperation Agreement with Russia’s Gazprom International for the development and implementation of new oil and gas technologies in global exploration and production projects. The agreement sets the framework for the ongoing exchange of information related
New approaches and technologies to manage the next big step-change in container vessel sizes, call exchanges and carrier service expectations at ports and terminals worldwide will be a major focus of attention at the upcoming TOC Container Supply Chain Europe 2012 conference and exhibition, taking p
Dolphin has exercised the option and signed a long term time-charter on the 3D seismic vessel Sanco Sword from Sanco Shipping AS, for an initial 5 year firm period with options to extend for additional 3 times 2 years. The Vessel is the second purpose built high capacity 3D seismic vessel to be deli
Russias’ LUKOIL subsidiary and Saipem SPA from Italy signed a contract this week to construct subsea pipelines for transportation of oil and natural gas from the Northern Caspian fields. The scope of work includes laying of two pipelines on the seabed to connect the riser block located at the Vladim
The Port of Vancouver USA welcomed the M/V K. Neptune commanded by Capt. Valdehueza of the Philippines, on her maiden voyage to the United States on April 18, 2012. Valdehueza and his 22-member Philippian crew were welcomed to Vancouver by Jason Lee, port captain for SK Shipping, Nino Benedetti, sup
