Today, Nexen Inc. , an independent, Canadian-based global energy company has entered a joint venture with China’s CNOOC Limited in the Gulf of Mexico. The joint venture will provide CNOOC Limited with a working interest in up to six deepwater exploration wells in the Gulf of Mexico. Among the prospe
The Demag Cranes Group brought financial year 2010/2011 to a successful close. Not least thanks to factors including the economic recovery, demand for products and services noticeably improved overall. Group order intake increased by 23.1 % compared with financial year 2009/2010 to EUR 1,121.2 milli
Tangiers Petroleum Limited said that the ongoing interpretation of the re-processed 2-D seismic data from prospects in Tarfaya Block, offshore Morocco is producing excellent results. Three new prospects and multiple additional leads have thus far been identified. The new prospects have been named Ap
ETPM will be hosting a free “Introduction to Dynamic Positioning Course” on December 14th, 2011 in Aberdeen. The course will provide an overview of DP Vessels and their control systems, how they function, what they are used for and some of the challenges faced when at sea. Danny Daniels will be teac
The Board of Directors of OAO Sovcomflot held a meeting on 25 November 2011. In accordance with the decision of the extraordinary shareholders’ meeting of 3 November 2011, the Board of Directors considered a number of organisational matters. Ilya Klebanov was unanimously elected as Chairman of the B
The Board of Directors of OAO Sovcomflot held a meeting on 25 November 2011 and considered a number of organisational matters. Ilya Klebanov was unanimously elected as Chairman of the Board of Directors. Elena Titova was elected as Chairman of the Board Committee on Strategy; Charles Ryan was electe
The Type-Approved BALPURE ballast water treatment system from Severn Trent De Nora was selected for use on four new LNG carriers being constructed for Mitsui O.S.K. Lines (MOL) by Hudong-Zhonghua Shipbuilding (Group) Co., Ltd, at its shipyard in Shanghai, China. The 172,000-DWT LNG carriers owned by
The planned construction of offshore wind power parks in the North Sea and Baltic Sea can only prosper if specialist port services providers, suppliers and manufacturers work together closely and if the public sector provides the necessary financial support. That was the conclusion reached at the Rh
Employee owned marine engineering company, Houlder has announced its award winning Turbine Access System (TAS), fabricated at MKW Engineering, has been successfully Load Tested in the presence of Lloyds Register. The TAS, developed with BMT Nigel Gee, is designed to provide safe and reliable access
Otto Marine Limited announced today that Otto Ventures Pte. Ltd (“OVPL”), a wholly-owned subsidiary of the Company had entered into a Joint Venture Agreement with Limin Marine Private Limited . Limin is in the business of ship owning, managing and operating, ship brokering, ship building and repair
SeeByte, the global leader in creating smart software technology for unmanned systems, and Soil Machine Dynamics Limited (SMD), one of the world’s leading manufacturers of remote intervention equipment, have announced their intention to enter a partnership commencing in early 2012. SeeByte and SMD w
SeeByte,a company focused on creating smart software technology for unmanned systems, and Soil Machine Dynamics Limited (SMD), a manufacturer of remote intervention equipment, have announced their intention to enter a partnership commencing in early 2012. SeeByte and SMD will work together to develo
Subsea 7, through its i-Tech division, announces the award by Statoil ASA for the provision of ROV services onboard China Oilfield Services Ltd (COSL)’s new build Innovator and Promoter rigs currently under construction in China. i-Tech’s workscope includes the provision of two new build Centurion Q
Subsea 7, through its i-Tech division, announces today the award by Statoil ASA for the provision of ROV services onboard China Oilfield Services Ltd (COSL)’s new build Innovator and Promoter rigs currently under construction in China. i-Tech’s workscope includes the provision of two new build Centu