Energy experts will gather next week at the 17th SPE ICoTA European Well Intervention Conference to discuss the important role innovative technology has in the future of the North Sea. Stuart Brown, Shell’s Global Well Intervention Discipline Lead, is a keynote speaker at the event. Mr Brown has spe
W&O Supply, North America’s largest supplier of marine valves, pipe, fittings, engineered products, valve automation and data management systems, announced yesterday that it has established operations in Brazil, with the first office located in Rio de Janeiro. Establishing a Brazilian presence is an
Mitsubishi Heavy Industries, Ltd. (MHI) and Anupam Industries Limited (Anupam) of India have jointly established Anupam-MHI Industries Limited, a company to manufacture heavy-duty material handling equipment, including quayside container cranes, in India. The creation of the new JV is aimed at aggre
Vos Prodect Innovations B.V. has been awarded an order by Norddeutsche Seekabelwerke GmbH (NSW), for the supply of Cable Hang-off Systems for an offshore wind farm project in the North Sea. Vos Prodect has carried an intensive development program to launch the best system to meet the technical & com
Repsol posted net income of 1.901 billion euros in the first nine months of 2011, 6.4% higher than the 1.786 billion euros reported in the year-earlier period. The group’s operating income totalled 4.102 billion euros, 1% higher than that recorded in September 2010. The company’s encouraging results
Odyssey Marine Exploration, Inc. , a pioneer in the field of deep-ocean exploration, reported results for the third quarter ended September 30, 2011. For the third quarter of 2011, Odyssey reported revenue of $5.9 million, compared to $9.8 million in the third quarter of 2010 and operating expenses
On 08 November 2011, at HVS Dock No.2, Keel Laying Ceremonies for 03 Bulk Carriers having Hull Nos. S043, S047 and S046 were held under the attendance of representatives from Owners, Class and the Yard. S043 is the last in the series of 2 vessels contracted with ESL Shipping, Finland; S047, the seco
Farstad Shipping has been awarded the following charter contracts: AHTS Far Scout (2001, UT 722L, 18.700 BHP) has been contracted by Petrobras in Brasil for a 2 year firm contract. In the North Sea Peterson has exercised another 1 year option for PSV Far Splendour (2003, P 106, 3.503 DWT). Total val
Jasper Investments Limited has awarded a USD 73.6 million contract to a subsidiary of the China Merchants Industry Holding Co., Ltd (“CMIH”) to retrofit and convert its Neptune Finder (“Finder”) semi-submersible into an accommodation vessel / floatel. The contract between Jasper Finder Pte Ltd, a su
Investec Project and Infrastructure Finance, (‘Investec’), part of Investec Bank plc. has recently completed a new senior debt facility for… (Angel News) [mappress] Source: Angel News, November 10, 2011
Oil is now being continuously pumped at a stable rate from the submerged number 5 starboard fuel oil tank on the grounded container ship Rena, Maritime New Zealand (MNZ) says. As at 3pm today, around 54 tonnes of heavy fuel oil from the tank had been transferred to the adjacent oil tanker Awanuia. M
Mitsubishi Electric Corporation announced that it has signed a contract to upgrade a transpacific submarine cable network by incorporating 40 Gbps dense wavelength division multiplexing (DWDM) and increasing transmission design capacity up to fivefold to 5.2 Tbps. The upgrade to the Asia America Gat
Leighton Offshore yesterday launched the newest edition to the fleet, the Leighton MPV-1 cable lay vessel, at the Al Jazeera Port in Ras Al Khaimah. The MPV -1 will be mobilised to undertake the cable lay scope of the $799m Phase 1 Iraq Crude Oil Export Expansion Project (ICOEEP) currently underway.
Daikin Reefer has unveiled new container refrigeration technology that meets carrier and shipper demands for low energy consumption and greenhouse gas emissions while providing precise cooling performance for chilled and frozen cargoes. One of the principal suppliers of container refrigeration machi
