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USA: The Bedford Report Releases Equity Research on BP and ATP Oil & Gas
Business & Finance

USA: The Bedford Report Releases Equity Research on BP and ATP Oil & Gas

The recovery for oil and gas drilling operations in the Gulf of Mexico remains slow this year. A study by Quest Offshore Resources shows that the number of active rigs in the Gulf is currently 37 percent less than before last year’s Deepwater Horizon disaster due to slow permitting and steep regulat

about 14 years ago
Italy: Northern Completes 2D Seismic Survey in Offshore Southern Adriatic
Business & Finance

Italy: Northern Completes 2D Seismic Survey in Offshore Southern Adriatic

Northern announces that on 29th November 2011 it completed a 600km 2D seismic survey in offshore Southern Adriatic covering two licences – F.R39.NP & F.R40.NP. Seismic acquisition commenced on 23rd November 2011 using the vessel ‘M/V Princess’ contracted from CGGVeritas S.A and was completed within

about 14 years ago
MAN PrimeServ Signs Maintenance and Retrofit Contract with COSCO, China
Business & Finance

MAN PrimeServ Signs Maintenance and Retrofit Contract with COSCO, China

MAN PrimeServ Shanghai has signed two significant maintenance contracts with COSCO, the state-owned Chinese shipping group, during the Marintec 2011 maritime exhibition in Shanghai. Collectively, the contracts add up to a value of more than Euro 4 million. The first contract covers the retrofit of 3

about 14 years ago
Port of Hamburg Inaugurates New Office in Mumbai, India
Business & Finance

Port of Hamburg Inaugurates New Office in Mumbai, India

Within the EU the Port of Hamburg is one of India’s most important commercial partners in seaborne foreign trade. In November the Hamburg Joint Representative Office in Mumbai was officially opened. This is designed to strengthen economic, but also cultural and academic links between the two countri

about 14 years ago
Intership’s Accommodation Barge ‘Olympia’ Joins OSM Fleet (Norway)
Business & Finance

Intership’s Accommodation Barge ‘Olympia’ Joins OSM Fleet (Norway)

OSM is steadily growing in the West African market. The latest addition to their fleet is the accommodation barge ‘Olympia’, owned by Intership. Intership has been at the heart of the offshore accommodation market in the Arabian Gulf, Gulf of Mexico, South East Asia and West Africa for the last 20 y

about 14 years ago
Norway: OSM Expands its Fleet with Olympia Accommodation Barge
Business & Finance

Norway: OSM Expands its Fleet with Olympia Accommodation Barge

OSM, a Norway based, independent marine-services provider offering high-quality offshore and ship management and consultancy services is steadily growing in the West African market. The latest addition to the fleet is the accommodation barge «Olympia», owned by Intership. Intership has been at the h

about 14 years ago
Qatar: Rising Energy Demand Signals Brighter Future, Exxon Mobil CEO Says
Business & Finance

Qatar: Rising Energy Demand Signals Brighter Future, Exxon Mobil CEO Says

Future growth in world energy demand is a cause for optimism because it will signal economic recovery and progress, Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil Corporation​, said today at the 20th World Petroleum Congress in Doha, Qatar. ExxonMobil is forecasting the global

about 14 years ago
GAC to Provide Ship Services for Angola LNG Supply Service’s Fleet
Business & Finance

GAC to Provide Ship Services for Angola LNG Supply Service’s Fleet

GAC has signed a global hub contract with specialist transporter of liquefied natural gas, Angola LNG Supply Service (ALSS), to provide ship agency services to its vessels. The agreement was signed by ALSS’s General Manager William E. Haune, Jr. and GAC’s Group President, Capt. Lars Säfverström. Usi

about 14 years ago
Italy: Nothern Petroleum Completes Southern Adriatic Seismic Survey
Business & Finance

Italy: Nothern Petroleum Completes Southern Adriatic Seismic Survey

Northern announces that on 29th November 2011 it completed a 600km 2D seismic data acquisition in offshore Southern Adriatic, Italy. The survey covered two licences – F.R39.NP & F.R40.NP. Seismic acquisition commenced on 23rd November 2011 using the vessel ‘M/V Princess’ contracted from CGGVeritas S

about 14 years ago
Vietnam: Two Ceremonies for Saint Michael Shipping
Business & Finance

Vietnam: Two Ceremonies for Saint Michael Shipping

On December 06, 2011, Hyundai-Vinashin Shipyard (HVS) held two remarkable ceremonies for Saint Michael Shipping Co., Ltd, Greece, the owner of shipbuilding project of 82, 000 DWT Bulk Carrier. Site Office Opening Ceremony took place under the attendance of representatives from Owner, Lloyd’s Registe

about 14 years ago
UK: Penspen to Host Offshore Pipeline Legislation Course
Business & Finance

UK: Penspen to Host Offshore Pipeline Legislation Course

Penspen, an independent group of companies providing engineering and management services to the oil and gas industry will in 2012 host a series of specialist courses in Offshore Pipeline Legislation. As engineers and consultants to the global oil and gas industry, Penspen’s strong subsea presence pu

about 14 years ago
UAE: Mina Zayed Port Receives Evergreen Line’s Container Vessel
Business & Finance

UAE: Mina Zayed Port Receives Evergreen Line’s Container Vessel

Abu Dhabi Port Company announced that one of the largest container vessels seen at Mina Zayed in Abu Dhabi has berthed at the city port. The Ever Shine from the Evergreen line measures three hundred metres in length, and forty three metres in width. Her DWT (deadweight) is nearly 80,000 tons and she

about 14 years ago
UK: Jee Helps to Understand Mystery of Landfalls and Marine Terminals
Business & Finance

UK: Jee Helps to Understand Mystery of Landfalls and Marine Terminals

It is essential knowledge for every subsea oil and gas project, yet landfalls and marine terminals seem to be the ‘ugly duckling’ of the subsea engineering world; with more focus put on easier, more appealing projects. Now, Jee, a pipeline, riser and subsea engineering company is helping engineers t

about 14 years ago
Maersk Line Participates in Joint US Agency-Industry Counter-Piracy Summit
Business & Finance

Maersk Line Participates in Joint US Agency-Industry Counter-Piracy Summit

Maersk Line, Limited (MLL) will join other U.S. maritime stakeholders in the second annual Joint U.S Agency-Industry Counter-Piracy Summit in mid-December. Representatives from the U.S. Departments of Transportation, Homeland Security, Defense and Justice will join industry officials in a piracy sim

about 14 years ago
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