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RXT to Conduct OBC Survey in Middle East
Business & Finance

RXT to Conduct OBC Survey in Middle East

The multi-component seismic company Reservoir Exploration Technology ASA (RXT) has received a letter of award from an oil company for an ocean bottom cable survey in the Middle East. Formal agreement will be entered into. The survey is scheduled to commence during 2012 and is estimated to take 13 mo

about 14 years ago
Finland Based Wartsila Launches New Medium Voltage Power Drive
Business & Finance

Finland Based Wartsila Launches New Medium Voltage Power Drive

Wärtsilä has launched its new Medium Voltage Power Drive. The product will enable the delivery of electro and automation systems for large, electric propulsion vessels, such as drilling rigs and tankers, large passenger and cruise ships, various offshore service vessels, as well as compressors and p

about 14 years ago
Transocean Opens Training Center in Macaé, Brazil
Business & Finance

Transocean Opens Training Center in Macaé, Brazil

Training is an essential part of what makes Transocean unique, and it is exciting to see us taking the next steps in offshore drilling education, said incoming SAM Managing Director Ana Zambelli.

about 14 years ago
Singapore: Ezion Holdings Secures Charter for Its Liftboat
Business & Finance

Singapore: Ezion Holdings Secures Charter for Its Liftboat

The Board of Directors of Ezion Holdings Limited announced that the Group has secured a charter contract with a value of approximately USD 65.7 million over a 4 year period to provide a Liftboat to be used by a state-linked power generation enterprise in China. The Liftboat is expected to be deploye

about 14 years ago
Saudi Aramco Ready to Spud its First Deepwater Well in Red Sea
Business & Finance

Saudi Aramco Ready to Spud its First Deepwater Well in Red Sea

Saudi Arabia’s state run oil giant, Saudi Aramco, has decided that the company is ready for deepwater exploration in the Red Sea.

about 14 years ago
USA: BlueView Technologies Includes New Software with Imaging Sonar Shipments
Business & Finance

USA: BlueView Technologies Includes New Software with Imaging Sonar Shipments

BlueView Technologies, the world leader in compact acoustic imaging and measurement technology, is now including its new ProViewer Plus operating software with all 2D Multibeam Imaging Sonar shipments. ProViewer Plus features the industry’s most advanced target tracking capabilities through exclusiv

about 14 years ago
Japan: KHI Delivers New Bulk Carrier to “K” Line Bulk Shipping
Business & Finance

Japan: KHI Delivers New Bulk Carrier to “K” Line Bulk Shipping

Kawasaki Heavy Industries, Ltd. has recently delivered the Britain Bay bulk carrier for “K” Line Bulk Shipping (UK) Limited at Sakaide Works. This 197-meter-long vessel (Kawasaki hull No. 1689) is the 11th state-of-the-art bulk carrier with a capacity of 58,000 DWT to be developed by Kawasaki. The v

about 14 years ago
Australia: Tap Provides Tallaganda Drilling Update
Business & Finance

Australia: Tap Provides Tallaganda Drilling Update

Australia’s Tap Oil Limited has provided an update on the Tallaganda-1 exploration well in permit WA-351-P in the Carnarvon Basin

about 14 years ago
WOC Encourages Vessels Transiting North Pacific to Send Debris Information to NOAA
Business & Finance

WOC Encourages Vessels Transiting North Pacific to Send Debris Information to NOAA

Information from vessels transiting between Japan and North America is critical to tracking the debris from the tsunami that devastated Japan on March 11, 2011. Ships are encouraged to submit observations and photos of marine debris – as well as reports of „no debris observed‟ “NOAA is leading effor

about 14 years ago
Fincantieri Plans To Extend Al Fattan Ship Yard in Abu Dhabi, UAE
Business & Finance

Fincantieri Plans To Extend Al Fattan Ship Yard in Abu Dhabi, UAE

Fincantieri, the Italian shipbuilders, is going to extend the Al Fattan ship yard in Abu Dhabi as part of Etihad Ship Building (ESB), its new joint venture in the UAE, reports The National. “Etihad Ship Building is set to become our main logistical hub in an area which is of strategic importance for

about 14 years ago
Malaysia: Petronas Hires Tender Rig from SapuraCrest
Business & Finance

Malaysia: Petronas Hires Tender Rig from SapuraCrest

Malaysia’s oil and gas company PETRONAS Carigali Sdn Bhd on February 22 sent a Letter of Intent to SapuraCrest’s subsidiary Petcon for the provision of a tender rig known as T-9. The one-year long contract is valued at approximately USD54 Million including a mobilisation fee. The Tioman T-9, jointly

about 14 years ago
Norway: ANDRITZ Increases Stake in Hammerfest Strøm
Business & Finance

Norway: ANDRITZ Increases Stake in Hammerfest Strøm

International technology Group ANDRITZ increased its stake in Hammerfest Strøm AS from 33.3% to 55.4%. The other major shareholders are the local Norwegian utility company Hammerfest Energi and the Spanish utility company Iberdrola. The company will operate under the name of ANDRITZ HYDRO Hammerfest

about 14 years ago
Japan: MOL and MES Conduct Gas Injection Demonstration Run
Business & Finance

Japan: MOL and MES Conduct Gas Injection Demonstration Run

Mitsui O.S.K. Lines, Ltd. (MOL) said that Mitsui Engineering & Shipbuilding Co., Ltd. (MES) and MOL will conduct gas injection demonstration run utilizing a temporarily modified electrically-controlled type slow speed diesel engine. The engine is designed, manufactured and delivered to a shipyard wi

about 14 years ago
Norway: T-Rex Disappoints
Business & Finance

Norway: T-Rex Disappoints

Danish Maersk Oil has finished drilling the T-Rex prospect offshore Norway. The well, drilled in Production Licence 431 in the Norwegian Sea, discovered hydrocarbons but not in commercial quantities. The well found thinner than expected oil-bearing sands of reservoir quality at two intervals in the

about 14 years ago
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