In one of the most significant cross-border financings involving Brazil’s offshore energy sector this year, Milbank, Tweed, Hadley & McCloy LLP has represented a consortium of major international lenders providing a US$692 million debt facility for the purchase of the Black Diamond I deepwater drill
Fairstar Heavy Transport N.V. (FAIR) has been awarded a contract by Northern Offshore to transport the jack-up drilling rig ENERGY EXERTER from Malta to Northern Europe in January 2012. The Fairstar open stern, semi-submersible vessel FJELL is expected to load the ENERGY EXERTER in early January and
The new real time and postprocessing software for EA sounders is available. The sidescan sonar mosaicing software has been developed extensively. The software is available in three versions: * Basic * Professional * Online * Additional-Tool: Spot The main tasks of EA SSM are: * Planning and performi
Mermaid Maritime Public Company Limited announces its Annual Report for the financial year ended on 30 September 2011. 2011 – Emerging Signs of Turnaround Mermaid Maritime Public Company Limited reported better results for the year that ended on 30 September 2011 amidst a slowly recovering business
Niko Resources Ltd. unveiled today that the Trinidad and Tobago Government has approved the assignment to Niko of an interest in the Mayaro-Guayaguayare Bay block (“MG Block”). The MG Block lies just offshore of the southeast corner of the island of Trinidad and is adjacent to Niko’s 2(ab) block to
In one of the most significant cross-border financings involving Brazil’s offshore energy sector this year, Milbank, Tweed, Hadley & McCloy LLP has represented a consortium of major international lenders providing a US$692 million debt facility for the purchase of the Black Diamond I deepwater dril
The Shipping Corporation of India Ltd. (SCI) accepted delivery of a Supramax Bulk carrier, m.v. Vishva Bandhan today, 16th December, 2011. The vessel is the third vessel of SCI’s six nos. Supramax bulk carriers ordered at STX (Dalian) Shipbuilding Co. Ltd., China, which is part of the world renowned
Cargotec supplies MacGregor floating terminals for water taxis to Norwegian municipalities and a hydraulically operated MacGregor vehicle shore ramp to Grenland Havn. The Norwegian municipalities of Vikna, Leka and Nærøy are jointly procuring four MacGregor floating terminals for water taxis, each c
EMGS has received a Letter of Intent from a major international oil company for a six-week 3D EM data acquisition project offshore Brunei. Surveying is expected to start in early February, following modifications of the EM Leader to accommodate EMGS’s equipment and technology. “The mobilisation of E
EMGS announces its decision to mobilise the vessel EM Leader in response to increased market demand in Asia. EMGS has received a Letter of Intent from a major international oil company for a six-week 3D EM data acquisition project offshore Brunei. Surveying is expected to start in early February, fo
On Friday November 18, 2011, Peter G. Noble was elected to be the next President of the Society of Naval Architects and Marine Engineers (SNAME) for a three-year term, the first year to be served as President Elect. For over 45 years, Mr. Noble has worked internationally as a Naval Architect and Oce
As previously announced on 2 November 2011, Miclyn Express Offshore, a provider of service vessels to the expanding offshore oil and gas industry, entered into a conditional, non-binding agreement with the shareholders of Samson Maritime Holdings Pty Ltd (“Samson”) to purchase their aggregate 50% sh
From late December 2011 till Mid January 2012 earth scientists from the Leibniz Institute of Marine Sciences (IFM-GEOMAR) and from the Cluster of Excellence „The Future Ocean“ in Kiel, Germany will examine the causes of earthquakes and tsunamis along the continental margins of the Mediterranean Sea
On Dec 13th, 2011, the 57.000 DWT bulk carrier ( Yard No. HT088 ) that Hantong Shipyard constructed for DA SIN was successfully launched on N0.3 slipway. The vessel is class approved by LR.Executive vice general manager- Mr. Chen Linjun together with the representatives of the ship-owner and the cla
