Van Oord has been awarded the EPC contract for the installation of a Single Point Mooring (SPM) system in Fujairah, United Arab Emirates. The client is Fujairah Asia Power Company and the contract value amounts to approximately EUR 30 million. Work will start immediately and continue until the end o
Mitsui O.S.K. Lines, Ltd. today announced the start of a demonstration test of the Diesel Particulate Filter (DPF) system installed on the diesel engine used for power generation on an MOL Group-operated ocean-going vessel. This is the world’s first application of the self-cleaning DPF on an ocean-g
North Star Shipping, a division of the family-owned global shipping and energy services firm The Craig Group, has been awarded a major new contract with Talisman Energy (UK) Ltd. Under the contract the company, which provides offshore support vessels to the industry, will build two new platform supp
The Rhode Island Marine Archaeology Project (RIMAP), a tenant activity at Naval Station Newport, is conducting underwater surveys of Newport Harbor in search of 13 British transport service vessels sunk in 1778 near historic Fort Adams that was blockaded by the Royal Navy during the War of 1812. “Mu
Seadrill has secured new contracts for the three jack-up rigs Offshore Mischief, Offshore Defender, and West Leda. The aggregated revenue potential is estimated at US$311 million inclusive of mobilization fees and assignment specific rig modifications. Offshore Mischief has been awarded contract by
SeaBird Exploration, a global provider of marine 2D and 3D seismic data, and associated products and services to the oil and gas industry today announced that Mr Dag Reynolds has been appointed as new Chief Executive Officer of SeaBird. Mr Reynolds will assume the position with the Company with effe
SeaBird Exploration PLC announces that Mr Dag Reynolds has been appointed as new Chief Executive Officer of SeaBird. Mr Reynolds will assume the position with the Company with effect no later than 1 May. The current CEO Mr Tim Isden will be stepping down from his position with effect from 6 February
Sembcorp Marine’s wholly-owned Brazilian shipyard Estaleiro Jurong Aracruz has secured a contract worth approximately US$792.5 million from Guarapari Drilling BV, Netherlands, a subsidiary of Sete Brasil Participacões S.A. (Sete Brasil), for the design and construction of a drillship based on Jurong
The Honourable James Moore, Minister of Canadian Heritage, Official Languages and Regional Minister for British Columbia introduced on behalf of the Honourable Keith Ashfield, Minister of Fisheries and Oceans, and the Honourable Rona Ambrose, Minister of Public Works and Government Services and Mini
Luminous jellies and mysterious squid that inhabit a world of almost no light or oxygen; undersea volcanoes, hydrothermal vents, and earthquake faults; layers of natural gas frozen into an ice-like solid in the seafloor. All these can be found in the depths of the Gulf of California, the 1,100-kilom
Sembcorp Marine’s wholly-owned Brazilian shipyard Estaleiro Jurong Aracruz has secured a contract worth approximately US$792.5 million from Guarapari Drilling BV, Netherlands, a subsidiary of Sete Brasil Participacões S.A. (Sete Brasil), for the design and construction of a drillship based on Jurong
Swedish-based oil and gas company, Lundin Petroleum has commenced drilling of the appraisal well 16/2-11 on the Johan Sverdrup (formerly know as Aldous/Avaldsnes) discovery located in the North Sea sector of the Norwegian Continental Shelf (NCS). The planned depth is approximately 2,175 meters below
Representatives of shipping companies from all over Northern Germany and the neighboring Netherlands have founded the co operative “CF Container Feeder eG”. The purpose of the co operative is the coordination and bundling of the shipping activities for feeder container ships provided by the members.
Cameron reported net income of $99.9 million, or $0.40 per diluted share, for the quarter ended December 31, 2011, compared with net income in the prior year’s fourth quarter of $164.6 million, or $0.66 per diluted share. The fourth quarter 2011 results include after-tax charges of $90.5 million, or
