ERRA A/S announced that it has canceled the last newbuilding contract with Rushan Shipyard Co. Ltd, as a part of the company’s reconstruction policy. Previously, Erra A/S concluded contracts for delivery of three new chemical tankers with the Chinese shipyard Rushan Shipyard Co. Ltd. in Rushan. The
Bowtech Products Ltd., a market leading manufacturer and supplier of cameras, LED lighting, connectors, fiber optic multiplexers and slip rings for use in underwater or hazardous area applications, to any ocean depth, has announced that they will be exhibiting at the Offshore Technology Conference (
Recently, JSC Pella shipyard signed the contract with Ministry of Defense of Russia for the construction and delivery of 4 multifunction complex port service vessels on the base of project 03180, two of the vessels will be transferred to the customer this year. Just few days later, the shipyard succ
CNOOC Limited today announce its results for the first quarter of 2012. In this quarter, the Company achieved a total net production of 79.8 million barrels of oil equivalent (BOE), representing 6.3% decrease year over year (YoY) mainly due to the suspension of production of Penglai 19-3 oilfield at
Cecon ASA has received an acceptance from Export Development Canada (EDC) for Cecon ASA’s proposal to acquire the rights in the USD 200 million EDC financing received by Cecon ASA February 2009. Cecon ASA will proceed to negotiate a final purchase and sale agreement whereby EDC will sell their right
NewSat’s top executives will participate in the 2012 Offshore Technology Conference (OTC) in Houston, Texas. The annual event aims to promote the development of offshore resources by fostering exchange of knowledge in the fields of oil exploration, drilling , environmental protection and production.
This month, the first of four water-cooled frequency drives manufactured in China will be delivered to Shanghai Zhenhua Heavy Industries Co., Ltd (ZPMC) in Shanghai. These deliveries are the confirmation that a new milestone has been reached in Bakker Sliedrecht’s entrance to the Chinese maritime ma
Austal has taken further steps in implementing its strategy to regionalise its operations to better serve and grow its international client base. Following the acquisition of its Philippines shipyard last year, the company has now broadened its sales and support organisations in the key Europe, Asia
Rolls-Royce, the global power systems company, has been selected by Island Offshore to design, power and equip an advanced subsea construction vessel. The versatile UT 737 CD vessel will support the most demanding subsea projects, including constructing and servicing oil and gas wells on the sea bed
Rolls-Royce, the global power systems company, has been selected by Island Offshore to design, power and equip an advanced subsea construction vessel. The versatile UT 737 CD vessel will support the most demanding subsea projects, including constructing and servicing oil and gas wells on the sea bed
Rolls-Royce, the global power systems company, has been selected by Island Offshore to design, power and equip an advanced subsea construction vessel. The versatile UT 737 CD vessel will support the most demanding subsea projects, including constructing and servicing oil and gas wells on the sea bed
OceanWorks International has been awarded a design, manufacturing and test contract to provide Marine Well Containment Company (MWCC) with a Subsea Dispersant Fluid System (SDFS). The system will further enhance MWCC’s existing dispersant injection system, also developed and manufactured by OceanWor
WesternGeco announced the introduction of the ObliQ sliding-notch broadband acquisition and imaging technique, which enhances low-frequency content of marine seismic data without compromising high frequencies. The ObliQ technique increases the penetration depth of seismic imaging and helps geoscient
Shipping lines calling at Southampton’s container terminal are benefitting from the terminal’s continued drive on productivity as vessels turnaround times reduce. The South Coast terminal set its best ever vessel turnaround performance when it handled the maiden call of the largest ship in the Hyund
