Drydocks World’s new global strategy was developed to create additional and increased capacity and efficiencies in all its four important business segments which are; Repairs, Conversion, New building and Engineering. Accordingly, to keep in line with this strategy, it has entered into a Strategic A
Canadian mining company, Endeavour, offers 45 million US dollars to the Cook Islands authorities to get the permit for exploration of the country’s seabed to determine its mining prospective. The deep-sea mining minister, Tom Marsters, has informed parliament this week that the offer is on the table
T.O.S. (Transport & Offshore Services) and Svitzer Americas have done business for a while now. Over the last five years many tug boats were delivered to North America and South America. Because of this cooperation T.O.S. was able to conduct high speed ship delivery services for the Svitzer Kestrel.
Malaysia’s Kencana Petroleum Berhad yesterday announced that it had received a contract for the engineering, procurement and construction (EPC) of offshore facilities from Murphy Sarawak Oil. The contract includes provision of engineering, procurement and construction of substructures, template and
NORWAY-based boat handling system and specialised davit supplier Vestdavit has been contracted by shipbuilder Austal to supply its state-of-the-art PLAR-6500 davits to eight new Cape Class Patrol Boats (CCPBs) to be built for the Australian Customs and Border Protection Service. Austal will build th
Recently, COSCO Nantong Shipyard commenced keel laying of Sea Installer, hull number N370. This will be the first offshore vessel to be built to meet the PSPC (Performance Standard for Protective Coating) standard. The steel cutting ceremony for the Sea Installer was held on November 15th in COSCO N
Lansdowne Oil & Gas, announces an update of the interpretation of the recently processed 3D seismic surveys acquired in the summer of 2011, over its prospects in the North Celtic Sea, offshore Ireland. Amergin Prospect (Standard Exploration Licence 5/08 – part-Blocks 47/25, 48/21 & 22) Interpretatio
Helix Energy Solutions Group, Inc., reported net income of $16.8 million, for the fourth quarter of 2011 compared with a net loss of $49.8 million, for the same period in 2010. Net income for the year ended December 31, 2011 was $129.9 million, compared with a net loss of $127.1 million, for the yea
A Papua New Guinea marine conservation party has provided its proposal to the federal government to establish a citizens’ council to advise on deep sea mining projects. Papua New Guinea is the first nation in the region to have issued a deep sea exploration lease, with the Canadian company Nautilus
SEACOR Marine LLC announced an agreement with Superior Energy Services L.L.C. to purchase 18 liftboats for $134 million plus working capital. The transaction is expected to close by the end of March 2012, subject to regulatory approvals. All of the liftboats are currently located in the U.S. Gulf of
A groundbreaking new vehicle that will enable subsea inspection of remote and challenging locations in the offshore oil and gas industry, including areas under ice and areas damaged by hurricanes, will come under the microscope at the Subsea Australasia Conference. The Autonomous Inspection Vehicle
Royal Boskalis Westminster N.V. has been awarded a contract for capital and maintenance dredging in the port of Bahia Blanca, Argentina. The contract value is approximately EUR 90 million and was acquired together with the Jan de Nul Group. Boskalis’ share of the total contract is approximately EUR
Blue Water Shipping opens a new Danish office in Rodby on the island of Lolland primarily due to activities in connection with the Fehmarn Belt Fixed Link between Denmark and Germany. Blue Water Shipping opens its 14th Danish office. This time, Blue Water Shipping establishes an office with primary
SEACOR Marine has reached an agreement with Superior Energy Services L.L.C. to purchase 18 liftboats for $134 million plus working capital. The transaction is expected to close by the end of March 2012, subject to regulatory approvals. All of the liftboats are currently located in the U.S. Gulf of M
