Leading subsea equipment rental company Ashtead Technology has made a substantial investment in order to operate established equipment calibration facilities in all its office locations. In addition to the standard range of product calibration services, the Singapore and Aberdeen branches offer the
On March 19th, Qingdao Hyundai Shipbuilding Co. launched the 5.026 DWT MV Charoite for the Russian VBTH company. The MV Charoite of project DCV36 is the ninth vessel in a series of 10 vessels ordered by VBTH. Unlike previous dry cargo vessels series (RSD44 and RSD49 projects) built for the holding,
Malaysia-based international offshore oil field services provider, Bumi Armada Berhad, announced that its subsidiary, Bumi Armada Navigation Sdn Bhd, has been awarded another four-year charter and operations contract by Brazilian oil and gas major, Petróleo Brasileiro S.A. (PETROBRAS) for its Platfo
The 75 m long PSV with DP2 capability will be supporting operations with multi-purpose functions of transporting cargo (such as fresh water, diesel, bulk cement, materials and equipment) between platforms, rescue and personnel transfer for PETROBRAS in the Brazilian continental shelf
The European Marine Energy Centre (EMEC) is to begin consultations on the expansion of its pioneering facilities in response to rapidly growing demand for its full-scale test sites. The move comes as one of Europe’s largest electricity producers, Vattenfall, is confirmed as the latest utility to sec
Pelamis Wave Power Ltd. has stated it is looking for “teens of millions of pounds” of investments to increase production, reports Bloomberg. Chief Executive Officer, Per Hornung Pedersen, explained the money necessary for expanding the Pelamis’s factory in Leith Docks, Edinburgh, is the type of inje
Through its subsidiary TTS Ships Equipment AS, TTS Group ASA’s Marine division has signed a contract worth approximately NOK 23 million. The contract is with Hyundai Heavy Industries Co., LTD. in Korea and concerns delivery of offshore and marine cranes for three ships. The contract contains two opt
The Trans Adriatic Pipeline (TAP) has officially submitted its Environmental and Social Impact Assessment (ESIA) to the Ministry of Environment in Italy. The TAP project aims to deliver secure natural gas supplies from the Shah Deniz field in Azerbaijan to western Europe, transporting the gas via Gr
Murphy Oil Corporation announced yesterday that the election of Claiborne P. Deming to Chairman of the Board of Directors has been advanced, effective immediately, following the recent death of Chairman, William C. Nolan, Jr. As previously announced on December 7, 2011, Mr. Deming was originally ele
Saab Seaeye announced that it will showcase its four key underwater vehicles at this year’s Seawork 2012 at the stand D16, including the new double-hulled Sabertooth AUV/ROV. Double-hulled Sabertooth AUV/ROV The new double-hulled version of the Sabertooth offers twice the operational duration of the
Mitsui O.S.K. Lines, Ltd. today announced the graduation of 84 students in the first batch of its “Third Year Program” at Magsaysay Institute of Shipping (MIS), MOL’s training center in the Philippines. On hand for the graduation ceremony were Dr. Sinforoso M. Birung, Director IV, Office of Programs
Saab Seaeye, the world’s largest manufacturer and market leader in electric ROV systems, and provider of autonomous and hybrid underwater vehicles will showcase its four key underwater vehicles including the new double-hulled Sabertooth AUV/ROV at Seawork International which will be held in May in t
Hercules Offshore, Inc. announced today the execution of a definitive agreement to acquire the offshore drilling rig Ocean Columbia from a subsidiary of Diamond Offshore Drilling, Inc. The purchase price is $40 million in cash. Ocean Columbia is a LeTourneau Class 82 SD-C self-elevating drilling rig
Scientists recently concluded an expedition aboard the research vessel JOIDES Resolution to learn more about Atlantis Massif, an undersea mountain, or seamount, that formed in a very different way than the majority of the seafloor in the oceans. Unlike volcanic seamounts, which are made of the basal
