DOF Subsea Asia Pacific, a subsidiary of DOF ASA has won several contracts in Asia and Australia over the last couple of weeks with a total contract value of abt. USD 30 mill. The Skandi Hawk RSV on charter from DOF Rederi AS, will commence operations in the region following installation of a crane
Cortland parent company, Actuant Corporation announced that it has acquired Jeyco Pty Ltd (“Jeyco”). Headquartered near Perth, Australia, Jeyco designs and provides specialized mooring, rigging and towing systems and services to offshore oil & gas companies on the north-west shelf of Australia and t
The Yokohama Rubber Co. announced that it has developed a system to monitor offshore Ship-To-Ship (STS) operation. The system incorporates technology from the design of pneumatic fenders and the numerical simulation analysis of dynamic ship motion. This is a comprehensive monitoring system for offsh
MEO Australia Limited’s subsidiary, Rayong Offshore Exploration Limited, has executed a binding farm-in agreement with Pearl Oil Offshore Limited (“Pearl Oil”) to acquire a 50% Participating Interest in the Block G2/48 Concession in the Gulf of Thailand. G2/48 is located in shallow water, proximal t
On February 23th 2012, the 57.000 DWT bulk carrier (HT092), built for Eagle Bulk, was successfully launched of the N0.2 slipway of Hantong Shipyard. The vessel is class approved by LR. Executive vice general manager- Mr. Chen Linjun together with the representatives of the ship-owner and the class a
The Naval Oceanographic Office (NAVOCEANO) Fleet Survey Team (FST) completed survey operations in the coastal waters of Cartagena, Colombia Feb. 23. The FST surveys of Cartagena Bay was part of Oceanographic-Southern Partnership Station 2012 (O-SPS 12) and provided an opportunity to assist Colombia
Officials from Alcoa of Australia and international shipping company Gearbulk Australasia gathered at Alcoa’s Kwinana shipping facility on Friday to celebrate the naming and maiden voyage of the 45,000 tonne MV Kuljak Arrow, a dual-purpose cargo vessel. The vessel will supply caustic soda to Alcoa’s
Wood Group PSN has secured a major North Sea contract by Premier Oil to deliver integrated operations and maintenance support services to the Balmoral floating production vessel (FPV). The contract, estimated to be worth in the order of £250 million (USD 396.5 million) , will see Wood Group PSN prov
Statoil together with operator Repsol Sinopec and partner Petrobras has confirmed a high-impact discovery (*) in the Pão de Açúcar prospect offshore Brazil. The partnership announced today that it has made a high impact discovery in the Pão de Açúcar prospect located in the BM-C-33 block in the Camp
Golar LNG Limited announces that the Company has entered into firm contracts with Samsung Heavy Industries Co. Ltd for a further two LNG carriers. The two additional vessels, each with a capacity of 160,000cbm have a combined total cost of slightly above $400 million. The first of the carriers is sc
Providence Resources P.l.c., the London (AIM) and Dublin (ESM) quoted oil and gas exploration and production company, provides an operational update on its ongoing well operations in the North Celtic Sea Basin, offshore southern Ireland. The 48/24-10z Barryroe appraisal well is located in c. 100 met
Seadrill has entered into turnkey contracts to build two new ultra-deepwater drillships at Samsung in South Korea. The construction of the drillships is scheduled for completion in the second and third quarter 2014. Total project price per drillship is estimated to be under US$600 million, which inc
South Korea’s Samsung Heavy Industries on Friday announced that it had received contracts for the construction of two drillships without revealing who the costumer was. Today, Seadrill, a Norwegian/Bermudan offshore drilling contractor confirmed the deal. The construction of the drillships is schedu
Swiber Holdings Limited, a world class integrated construction and support services provider to the offshore oil and gas industry today reported record performance in revenue of US$654.5 million for the full year ended December 31, 2011 (“FY2011”). The Group achieved a 7.1% increase in net profit to
