Island Offshore, announced that Team Marine (Chevron) has declared the first of five yearly options to use the MV Island Champion. The vessel has sailed with Team Marine since 2007. “Island Offshore look forward to another year with within the Team Marine PSV pool.” said the Company on its website T
OLYMPIC COMMANDER of the MT6015 design was delivered to its owners. Olympic Commander is a Multipurpose Offshore Vessel with diesel electric propulsion, low fuel consumption and high flexibility. The vessel represent a new generation of environmentally friendly and operational state of the art multi
Island Offshore, a Norwegian shipping company that owns a modern fleet of advanced and high quality service vessels for the offshore oil industry, announced that Team Marine (Chevron) has declared the first of five yearly options to use the MV Island Champion. The vessel, built by Brevik Constructio
Keppel Corporation announces another record year. Their net profit grew by 14% to a new high of nearly $1.5 billion. This is the fifth year running that their net profit has surpassed the $1 billion mark. Also for the fifth consecutive year, their Return on Equity has remained above 20%. Economic Va
Keppel Corporation announces another record year. Their net profit grew by 14% to a new high of nearly $1.5 billion. This is the fifth year running that their net profit has surpassed the $1 billion mark. Also for the fifth consecutive year, their Return on Equity has remained above 20%. Economic Va
Ms Hanne B. Sørensen has been appointed new CEO of Maersk Tankers with effect from 13 February 2012. Hanne B. Sørensen has until now held the position as Chief Commercial Officer (CCO) of Maersk Line and replaces Søren Skou, who recently assumed the position as Maersk Line CEO. “Hanne B. Sørensen co
Costing £130m and weighing 360 tonnes, the NATO Submarine Rescue System is one of the most sophisticated pieces of equipment in the world. For four days, 70 experts from three countries put it through its paces. The NATO Submarine Rescue System (NSRS) is stored and maintained in a giant purpose-buil
Aubin, a leading independent supplier of specialist chemicals to the energy industry, has announced a strategic partnership with an agent in Brazil. The partnership agreement with Nortech, which covers the provision of pipeline gels and pig gels, will assist Aubin in accessing the Brazilian market w
Yesterday, January 25, Marine Well Containment Company (MWCC) was recognized with the Blue Heron Award from the Louisiana Mid-Continent Oil and Gas Association (LMOGA) during the association’s annual meeting in New Orleans. Created in 1993, the award recognizes exceptional environmental stewardship
SCF Group (Sovcomflot) saw its fleet expand further, on 18 January 2012, with the delivery and acceptance into operation of a new product tanker SCF Progress – the fifth and final ship delivered for a joint SCF / Glencore International AG project. The project envisages the acquisition and commercial
The number of companies that have bought the NPD’s seismic data package from Lofoten and Vesterålen has risen to a total of 9. On January 11, the Norwegian Petroleum Directorate announced that seven companies, Statoil, ExxonMobil, Norske Shell, RWE Dea Norge, GDF Suez, Dong Energy and Det norske olj
Rising demand for considerably complex and highly-developed deepwater field undertakings results in greater, more advanced and technically brilliant offshore support vessels. These technological marvels play a vital role in the offshore industry construction, supply and maintenance thus a significan
Yesterday, January 25, Marine Well Containment Company (MWCC) was recognized with the Blue Heron Award from the Louisiana Mid-Continent Oil and Gas Association (LMOGA) during the association’s annual meeting in New Orleans. Created in 1993, the award recognizes exceptional environmental stewardship
The Port Authority asked McKinsey to make an analysis of the demand for and availability of container throughput capacity in Rotterdam in the coming years. The purpose of the study was to get an independent opinion on the situation as it will develop from 2014 onwards when the new terminals on Maasv
