Cargotec has confirmed a contract worth around EUR 10 million from a Chinese shipyard to deliver twenty 120-tonne MacGregor GLH cargo handling cranes for ten general cargo vessels. The cranes will be delivered during 2012 and 2013. The order is booked in the first quarter of 2012. “MacGregor cranes
STL Research announce that they have recently been awarded Government funding to accelerate their project to develop an offshore personnel-access system. Code-named Neptune, the system will space-stabilise its personnel carrier regardless of the motion of the ship on which it is mounted so that pers
IHC Merwede develops and builds innovative vessels, advanced equipment and life-cycle support services for the dredging, mining and offshore industries. The company’s international outlook and expanding portfolio have helped it to record increased revenue and profit figures for 2011, and maintain it
Leading Independent Marine Plant and Wind Farm Support Vessel Operator Fastnet Shipping Limited announced the launch of their 3 rd Windfarm Service and Support Vessel “Fastnet Skua” bringing their total fleet of Windfarm Support Vessels, Tugs, Jack up Barges and Pontoons to over 22 vessels. Fastnet
Tap Oil Limited has provided the final update on the Tallaganda-1 exploration well in permit WA-351-P offshore Carnarvon Basin, Western Australia. The Tallaganda-1 well is located within permit WA-351-P, of the Carnarvon Basin, Western Australia. The well was drilled in 1,141 metres of water to a fi
TTS Group ASA have today entered into an agreement to sell its drilling equipment business, a part of TTS Energy divison, and relevant subsidiaries, to Cameron International Corporation for USD 270 million, plus a turnover based earn-out model for a three-year period. Offshore Handling (cranes and w
Sevan Drilling, an international drilling contractor specializing in the ultra deepwater (UDW) segment, has reported that on Friday afternoon, during a routine pressure test of the BOP a leak was found in a control line of Sevan Driller ultra deepwater rig. To replace the control line the BOP has be
Mercom Capital Group, llc, a global clean energy communications and consulting firm, today released its report on funding and merger and acquisition (M&A) activity for the wind energy sector for the first quarter of 2012. Venture capital (VC) funding in the first quarter came in strong with $240 mil
The National Shipping Company of Saudi Arabia (BAHRI) announced that the company signed an agreement on Tuesday the 17th April 2012 to build (5) Kamsarmax vessels to transport dry bulk cargo. These generation vessel are of 82,000 DWT, length 229 meters, with modern fuel saving technologies and lates
Silvermere Energy Plc , the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the US, announces that Bruce Evers, a non-executive director of the Company, has resigned from the Company, in order to pursue other business interests. “The Com
South Boats Special Projects Ltd. announced the launch and commissioning of its 56th offshore wind farm crew transfer vessel, ‘MPI Cardenio’. The vessel is a fourth of class South Catamaran 17m and is the first of a two boat order from MPI Workboats Ltd. to be delivered. This vessel compliments the
General Dynamics NASSCO today began construction of the future USNS John Glenn, the second ship of the U.S. Navy’s Mobile Landing Platform (MLP) program. The 765-foot long ship is scheduled to be delivered to the Navy in the first quarter of 2014. When in service, the ship will be used as an offshor
UK’s Awilco Drilling PLC has signed a Letter of Intent with an undisclosed operator for the provision of WilPhoenix for a term drilling program. The program will start in direct continuation from the Premier contract and is firm until 28th February 2014 with options for up to an additional 250 days.
Norwegian Energy Company ASA (Noreco) is currently drilling exploration well 7228/1-1 on the Eik prospect in the Barents Sea. The preliminary drilling results indicate that the well does not contain commercial quantities of hydrocarbons. The well is located in licence PL396 in the Barents Sea, about
