A decision has been made to maintain the current shareholder structure at IHC Merwede. The IHC Merwede Supervisory Board – in addition to all of the current shareholders – is comfortable with the financial strength of the company for the next year. With the support of JP Morgan and Rabobank M&A, IHC
Cathelco have supplied seawater pipework anti-fouling equipment for the Berge Stahl, the world’s second largest ore carrier which has recently been refitted in Singapore. With a length of 343 metres and a capacity of 364,767 dwt the Norwegian vessel owned by Berge Bulk was the largest bulk carrier i
Leading lifeboat manufacturer and service provider Schat-Harding has completed all tests required by IMO to ensure that its SeaCure lifeboat release and retrieval systems (the new name for hooks) meet the new IMO guidelines for existing and new lifeboats. And reacting to industry requests Schat-Hard
Wilhelmsen Ships Service’s (WSS) market-leading global Liferaft Exchange Programme (LRE) is set to hit 15,000 exchanges since its launch just over two years ago and continues to expand, according to Dave Evans, WSS product marketing manager for liferafts. The LRE concept, which exchanges service-due
The new multi-purpose research vessel R/V Ramon Margalef, which belongs to the Spanish Oceanographic Institute (IEO), was undergoing sea trials when the Science Ministry decided to move it to the Canary Islands to follow up on the activity of the volcano on El Hierro Island. The vessel was only deli
Deep Sea Supply today reported that it has entered long term charter contracts with Petrobras, for the two AHTS vessels Sea Cheetah and Sea Jaguar, for operations in Brazil. The contract period is 4 year firm plus 4 year option. Total net value of the firm period is in excess of USD 100 mill. The [&
Ensco plc announced that it has secured a drilling contract for ENSCO 120, an ultra-premium harsh environment jackup rig. The initial contract is with Nexen Petroleum for their Golden Eagle Development in the Central North Sea for 10 wells with an estimated initial contract value of approximately $1
The new multi-purpose research vessel R/V Ramon Margalef, which belongs to the Spanish Oceanographic Institute (IEO), was undergoing sea trials when the Science Ministry decided to move it to the Canary Islands to follow up on the activity of the volcano on El Hierro Island. The vessel was only deli
An IMO-commissioned study into the impact of mandatory energy efficiency measures for international shipping shows that implementation of the measures will lead to significant reductions of greenhouse gas (GHG) emissions from ships, specifically reductions of carbon dioxide (CO2), resulting from enh
Offshore Middle East has announced the inclusion of the inaugural Student Paper Program at the 2013 event taking place in Doha, Qatar on January 21-23, 2013. The purpose of the program is to showcase regional engineering talent and student development in regional universities. The program also serve
Offshore Middle East has announced the inclusion of the inaugural Student Paper Program at the 2013 event taking place in Doha, Qatar on January 21-23, 2013. The purpose of the program is to showcase regional engineering talent and student development in regional universities. The program also serve
The Nordex Group achieved an increase of roughly 9 percent in sales to EUR 668.2 million in the first nine months of 2011 (previous year: EUR 614.2 million). At EUR 264.9 million, sales in the third quarter were on a par with the previous year. Growth in the first nine months was driven by the [&hel
Hyperdynamics today announced the start of its deep water 3D seismic survey offshore the Republic of Guinea. Utilizing on of the one of the most powerful and high-capacity vessels in the world, seismic survey vessel Oceanic Endeavour, seismic major CGGVeritas, will acquire 3D seismic information in
Leading international oilfield service company Expro announced today its Latin America team has been awarded a new multi-million dollar wireline contract with Petrobras in Brazil. As part of the four-year contract, Expro will provide 20 packages of slickline equipment and personnel to operate them.
