UNITED FAITH GROUP announces that on December 06th, 2011, the New-building contract of two 50,000 DWT Semi-Submersible Multi-purpose Vessels went into effect. Both of the vessels are scheduled to be delivered by the end of 2013. The contract was signed earlier this year on July 01st between UNITED F
United Faith Group announced that on December 6th, 2011, the new-building contract of two 50,000 DWT Semi-Submersible Multi-purpose Vessels went into effect. Both of the vessels are scheduled to be delivered by the end of 2013. The contract was signed earlier this year on July 01st between United Fa
Otto Marine Limited, a leading offshore marine company which specializes in building complex offshore support vessels, ship chartering and offers specialized offshore services, has chartered two units of 40 meters Anchor Handling Tugs (AHT), “SWORDFISH 4” and “Swordfish 5” to Go Marine Group Pty Ltd
Cove Energy pic, the AIM quoted upstream oil and gas company, announces an update on activities in their 8.5 per cent participating interest in the Mozambique Offshore Area 1 block (“Rovuma Area 1”). Cove reports that the latest appraisal well, Lagosta 2 (7.4km north of Lagosta 1), has spudded on 11
HLV Jumbo Vision, one of Jumbo Shipping’s H-Class vessels in a fleet of 12 heavy lift ships, was of extreme importance in the recent transportation of five heavy lift and over-dimensional cargo (ODC) from Mumbai to Suape, Brazil, for a Petrobras project. The vessel reached Mumbai anchorage on Novemb
Cove Energy plc , the AIM quoted upstream oil and gas company, announces an update on activities in their 8.5 per cent participating interest in the Mozambique Offshore Area 1 block (“Rovuma Area 1”). Cove reports that the latest appraisal well, Lagosta 2 (7.4km north of Lagosta 1), has spudded on 1
China Oilfield Services Limited announced its newly purchased high-power Tug/Supply utility vessel “HYSY683” was successfully delivered to Tang Gu from Singapore recently. Purchased from Singapore, HYSY683 has an overall length of 73.6 meters, an overall width of 16.4 meters, an overall depth of 8 m
Reservoir Group has strengthened its portfolio of completion and production services with the announcement that two well intervention specialists have joined the ‘club’. The Tool Company, located in Assen, The Netherlands and the Aberdeen-based firm, Wellbore Intervention bring their expertise in co
Prosafe, a Cyprus-based owner and operator of semi-submersible accommodation/service rigs has been awarded a contract by Cotemar Group (“charterer”) for a contract extension for Safe Hibernia to be used at Pemex’ Cantarell, an aging supergiant oil field in Mexico. The Safe Hibernia bareboat contract
3sun Group, a specialist provider of products and services to the energy industry has announced the opening of a new base in Westhill, near Aberdeen, on the back of a number of key contract wins in the North Sea. The company has recently secured contract wins totalling approximately £7million to car
Frontline Ltd. has entered into an agreement to sell its 1992-built double hull Suezmax tanker Front Beta. Delivery to the buyer is expected to take place in late December 2011 and the vessel will cease to operate in the tanker market. The sale will result in a net cash outflow of approximately $0.2
Statoil has awarded Kongsberg Oil & Gas Technologies a contract worth NOK 150 million over three years to develop the world’s first integrated environmental monitoring system (EM) for oil and gas activities. Statoil currently employs several environmental monitoring methods at its installations, mai
Statoil has awarded Kongsberg Oil & Gas Technologies a contract worth NOK 150 million over three years to develop the world’s first integrated environmental monitoring system (EM) for oil and gas activities. Statoil currently employs several environmental monitoring methods at its installations, mai
Safe Bulkers, Inc. announced today that it has entered into a shipbuilding contract for the construction of one Japanese-built, drybulk Panamax-class vessel at an attractive price, with an expected delivery date in the first half of 2014. Including this acquisition, the Company has contracted to acq
