Mermaid Maritime Public Company Limited announces that its business unit Subtech Qatar Diving and Marine Services LLC has recently been awarded three new contracts with new and existing clients. The first contract has already started and has an estimated value of USD 2.2 million. The second contract
SEACOR Holdings Inc. today announced its results for the first quarter ended March 31, 2012. Net income attributable to SEACOR Holdings Inc. for the quarter ended March 31, 2012 was $36.5 million, or $1.75 per diluted share, including net income from discontinued operations of $19.4 million, or $0.9
The Board of Directors of Nexen Inc. announced that Barry Jackson, a 37 year veteran of the oil and gas industry, has been appointed chair of the Board, effective at the conclusion of the Annual General Meeting of Shareholders at 11 am today. Mr. Jackson, who has served as a Nexen Board member since
Andrew J. Barberi Lacked Warning Alarm Indicating Propulsion Loss in 2010 Accident. On May 8, 2010, the 310-foot-long passenger ferry Andrew J. Barberi lost propulsion control of one its two cycloidal propellers as the vessel approached St. George terminal, Staten Island, New York. The loss of propu
Afren plc announces that the Nunya-1x (formerly named Cuda-2) exploration well in the Keta block offshore Ghana has encountered thick and high quality water bearing reservoirs. The objective of the Nunya-1x exploration well was to explore a large four-way dip closed Upper Cretaceous prospect in the
ZNT Yard yesterday conducted the launching ceremony for the eighth Diving Support Vessel of Project A160 (yard No. 809) named Vodoloaz Sazonov. The project is made by ZNT-yard together with “Agat Design Bureau” Ltd. The vessels of Project A160, funded through the federal target program “Development
After the recent announcement from telecom company Dhiraagu that ‘ASEAN Explorer’ ship is headed to Sri Lanka to conduct cable repair, company today announced its arrival in Sri Lankan waters. Engineers from Sri Lankan Telecom (SLT) and Dhiraagu are expected to board the ship tomorrow. The ship will
On 27 March 2012, the Petroleum Safety Authority Norway (PSA) carried out an audit of Lundin Norway AS’ management of the Brynhild field development project, connected to subsea facilities and pipelines. The Brynhild field is being developed with a subsea facility with four wells that will be connec
APM Terminals takes an unusual organizational step to further improve its safety culture: The Hague-based global port and inland operator, often highlighted and awarded as safety leader in the industry, has decided to assign one of its most experienced and trusted executives as an internal Safety Ac
Today, Eni CEO Paolo Scaroni and Rosneft President Eduard Khudainatov, signed a strategic cooperation agreement in the presence of the Prime Minister of the Russian Federation Vladimir Putin, which provides for the joint development of the licenses in the Black Sea and the Barents Sea on the Russian
The Offshore business stream of the Penspen Group, Andrew Palmer & Associates, has been contracted to provide Detailed Design services to EPC Offshore Limited (EPC) in support of Ithaca Energy’s Greater Stella Area (GSA) Development. The contract follows on from Penspen’s recent work for EPC Offshor
Beatrice Offshore Windfarm Ltd (BOWL) has submitted an application to the Scottish Government for consent to develop the Beatrice offshore wind farm in the Outer Moray Firth. BOWL is a joint venture partnership formed between SSE Renewables (75%), SSE’s renewable energy development division, and Rep
Parker Hannifin Corporation, the global leader in motion and control technologies, today announced that it has signed an agreement to acquire the Olaer Group headquartered in Deeside, United Kingdom. Olaer is a leading manufacturer of a broad range of advanced hydraulic accumulator and cooling techn
At the end of March ANADOLU Shipyard (ADIK) successfully launched the seventh vessel of Landing Craft Tank (LCT) Project the NB 229 (C-157). The construction of the vessel started in 2011 and the hull was completed in November 2011. The first ship of the project was delivered to Turkish Naval Forces
