Independent Tankers Corporation Limited (ITCL) announces that BP Shipping Limited has extended the charter for the VLCC British Progress. The charter will be extended for one additional year and the vessel will trade on a market rate with a minimum bareboat rate of $20,000 per day until February 2,
NorWind Installer AS, together with partners OWEC Tower AS, Vestavind Offshore AS, MENCK GmbH, BAUER Spezialtiefbau GmbH, Strathclyde University, Glasgow and the Centre for Integrated Petroleum Research (CIPR) at UNI Research, have been awarded support from the Norwegian Research Council for an inno
Mediterranean Oil & Gas Plc, the central Mediterranean focused producer, developer and explorer of oil and gas assets, announces that it has drawn down EUR2.0m under the short term secured loan facility of up to EUR3.5m with affiliated investment funds of Och-Ziff Capital Management Group. As previo
Based on the extensive seabed surveys carried out in 2010 at Anholt Offshore Wind Farm, 42 turbine positions have been identified as being at risk of extreme scour formation around the turbine foundation and it has therefore been decided to place a pile of rocks at the positions before the monopole
Sterling Resources Ltd. today announced the preliminary results of appraisal well F17-09 in block F17a of the Dutch North Sea. After reaching a measured depth of 2200 meters, provisional analysis indicates the well encountered a 10 meter gross oil interval (6 meter net oil interval) through interbed
Noble Corporation announced that Bernie G. Wolford has been named to the position of Senior Vice President – Operations. Wolford will be responsible for increasing Noble’s organizational capabilities, advancing the Company’s culture of safety and ensuring operational excellence throughout the Noble
Demag Cranes started financial year 2011/2012 with ongoing growth. Demag Cranes once again outperformed the prior year on our key reporting indicators: Group order intake, Group revenue and operating EBIT. Demag Cranes AG’s CEO, Aloysius Rauen, states: “Financial year 2011/2012 has started well for
French oil major Total announces that the second phase of the Ofon field development in offshore Nigeria (Ofon Phase 2) has begun. Construction and installation contracts have been awarded for Ofon Phase 2, which is scheduled to come on stream in 2014. The Ofon field is located in Oil Mining Lease (
TAG Energy Solutions CEO and Energi Coast Chairman Alex Dawson has urged the new Secretary of State for Energy & Climate Change to maintain the Government’s commitment to offshore wind power. Immediately following the resignation of Chris Huhne and subsequent appointment of Ed Davey as the new Energ
VT iDirect, Inc. (iDirect), a company of VT Systems, Inc. (VT Systems), announced that Marlink, one of the largest maritime VSAT network operators, has upgraded its global service with the integration of iDirect’s Evolution® X5 Satellite Router and latest operating software release, iDX 3.0. Vessels
DONG Energy recently announced that 14 monopiles have been installed at Anholt Offshore Wind Farm. Since the first monopile was installed at 19.00hrs on New Year’s Eve, periods of good weather have been used to install foundations. On 1 February 2012, Svanen had erected 14 monopiles. Even though the
Harwood Marine recently splashed and finished sea trials on a passenger/cargo vessel Tuhaa Pae IV. The vessel was jointly constructed by Harwood Marine and Colorado Shipyard Corporation of Philippines. The purpose of the vessel is to enhance an existing remote island shipping service. The vessel, ca
Jim Yoder Named 2012 fellow of The Oceanography Society Jim Yoder, Vice President for Academic Programs and Dean at the Woods Hole Oceanographic Institution (WHOI), has been named a 2012 fellow of The Oceanography Society (TOS)—the only fellow named this year. His achievements will be recognized at
Australian engineering and construction company Clough Limited today announced that the BAM Clough Joint Venture has received a Letter of Intent (LOI) from JGC Corporation, KBR and Chiyoda Corporation joint venture (JKC JV) for a contract valued at $A140 million. The scope of work involves the desig
