Leading subsea equipment rental company Ashtead Technology has announced the purchase of $1.4m of Sonardyne 6G subsea acoustic positioning equipment. The announcement was made on the opening day of the Oceanology International 2012 exhibition and conference in London. The new equipment will be added
International oilfield services company Expro has won the Offshore Achievement Innovator Award in recognition of its ground breaking AX-S subsea well intervention technology. The Innovator Award, which was presented at a ceremony in Aberdeen on Thursday (15 March), recognises excellence in innovativ
Hydroid, Inc., a subsidiary of Kongsberg Maritime and the leading manufacturer of Autonomous Underwater Vehicles (AUVs), is celebrating the 10th anniversary of its founding with a milestone: The company recently delivered its 200th REMUS 100 AUV. In December 2011, Hydroid delivered its 200th REMUS 1
Petro Viking Energy Inc. has entered into a Letter of Intent (“LOI”) with Grisham Assets Corp. (“Grisham”) dated March 19, 2012 to acquire 100% of the issued and outstanding shares in the capital of Grisham. Grisham is a private company incorporated under the laws of the British Virgin Islands whose
APS Technology Group, Inc., a leading provider of optical character recognition (OCR) and automation technology solutions for marine and intermodal container terminals, announced it has entered the Mexico container terminal market with Hutchison Port Holdings (HPH) implementing the APS Automated Gat
Kairiki Energy has provided an update on progress of its SC 54A farmin negotiations announced on 11th July 2011. The company and selected farminee party (“Party”) have signed a Letter Agreement that outlines the agreed commercial terms of a farmin and is subject to a number of conditions. The transa
GL Noble Denton, an independent technical advisor to the oil and gas industry, has been awarded a four-year enterprise framework agreement (EFA) to provide inspection services for Shell’s extensive global portfolio of projects in select locations. GL Noble Denton’s network of highly qualified inspec
Naval personnel attached to SLNS Dakshina of the Southern Naval Command on information received arrested 05 persons stealing iron from an historic ship wreck in the Southern seas off Boossa on 18th March 2012. A piece of iron weighing 20 kilograms sawn off from the sunk ship and diving equipment wer
Brazil’s state controlled oil company, Petrobras, reports another discovery in the pre-salt layer of Santos basin, offshore Brazil. The company announces that it has discovered a new accumulation of good quality oil in the area BM-S-8 ,informally known as Caracara, situated some 232 km off the coast
On the 29th of March the icebreaking multipurpose support vessel Sanaborg will be launched at the shipyard Niestern Sander. The Sanaborg is the first in a series of special engineered logistic services in the Caspian Sea. The expected delivery will be at the end of July. The second icebreaker, Serke
On March 16, TERCAT took delivery of four Super-Post-Panamax quay cranes for its new container terminal at Muelle Prat, making a total of eight such cranes at the facility. TERCAT, a member of the Hutchison Port Holdings Group, received the first four quay cranes for Muelle Prat on 6 March. The cran
Following the declaration of an option granted to Subsea 7, Eidesvik has sold 50% of the subsea vessel that is under construction at Ulstein Verft (Hull 295). The vessel will be 106.5 m long and 24.5 m wide with a top speed of over 17 knots. This subsea vessel will be equipped with three ROVs: [&hel
Transocean, one of the largest drilling contractors in the world recently announced that its drillship, Deepwater Expedition, was awarded a two-year contract with an undisclosed customer commencing December 2012. The initial dayrate of the contract is $650,000 ($475 million contract backlog). Additi
Essar Shipping Limited (ESL) part of the Essar Group has, taken the delivery of MV Ishwari. This newest addition to Essar Shipping’s growing fleet, MV Ishwari, is a MiniCape which is 253 metre long, 43 metre wide and has a cargo capacity of 105000 dwt. On taking delivery of the third MiniCape, A R R
