Bridge, the Oslo Axess-listed oil and gas exploration and production company announced that it has signed a Sale & Purchase Agreement to acquire a 50% working interest in the producing Duart field from Nexen Petroleum Dragon UK Limited for a consideration of $38.3 million (the “Transaction”). The in
Wilhelmsen Ships Service (WSS) has opened a new full service office in Ningbo, providing a comprehensive range of ships agency and maritime logistics services. The company now has five offices in mainland China. “Our strategy has been to strengthen our network across China in order to be present whe
Asia Offshore Drilling Limited (the “Company”) has decided to increase the water depth capacity from 350 feet to 400 feet for its three jack-up rigs under construction. This investment will increase the marketability of the rigs, allowing them to successfully operate in more offshore areas. The addi
Sindre Rotevatn (51) has been appointed finance manager and deputy managing director of Ulstein Verft AS. He will take up the position in November. “I am looking forward to joining ULSTEIN and to my new role as finance manager and deputy managing director of Ulstein Verft,” says Sindre Rotevatn. He
Subsea project and integrity management specialist Flexlife has expanded its UK offering by opening a new base in Newcastle Gateshead… (SubseaUK) [mappress] Source: SubseaUK, September 29, 2011;
Exxon Mobil Corporation’s U.S. marine affiliate, SeaRiver Maritime, Inc., signed an agreement today with Aker Philadelphia Shipyard for the construction of two new Liberty Class tankers valued at $400 million, which will create more than 1,000 direct jobs. The double hull vessels will be used to tra
Ankara is sticking to its oil and gas exploration activities as planned in eastern Mediterranean Sea despite continued unease voiced by its… Source: Hurriyetdailynews [mappress] Source: Hurriyetdailynews , September 29, 2011;
The leader of a German wind power trade association visited the Wichita area this month, the latest step as local officials continue their… By Bill Wilson (kansas) [mappress] Source: kansas, September 29, 2011
Kreuz Holdings Limited ,a subsea services provider for the oil and gas industry, today announced that the Group’s order wins has increased to over US$100 million this year after securing its fourth subsea installation contract win this year worth approximately US$6.23 million from a leading offshore
Keppel Shipyard Ltd (Keppel Shipyard) has secured three conversion contracts worth a total of S$142 million. These conversion contracts are to convert a Liquefied Natural Gas (LNG) Carrier to a Floating Storage Unit (FSU), a VLCC tanker to a Floating Storage and Offloading (FSO) unit as well as a ta
Kreuz Holdings Limited , a subsea services provider for the oil and gas industry, announced that the Group’s order wins has increased to over US$100 million this year after securing its fourth subsea installation contract win this year worth approximately US$6.23 million from a leading offshore comp
Keppel Shipyard Ltd (Keppel Shipyard) has secured three conversion contracts worth a total of S$142 million. These conversion contracts are to convert a Liquefied Natural Gas (LNG) Carrier to a Floating Storage Unit (FSU), a VLCC tanker to a Floating Storage and Offloading (FSO) unit as well as a ta
Mitsui Engineering & Shipbuilding Co., Ltd. (MES) completed and delivered a 56,000 dwt type bulk carrier M.V. “DESERT CONDOR” at its Tamano Works on 29th September, 2011 to New Borough Corp., Marshall Islands. This vessel is a handy-max type bulk carrier of 56,000 dwt with a huge cargo hold capacity
EnerMech has completed an umbilical flushing and cleaning contract on behalf of Schlumberger in Singapore. The workscope included hydraulic oil flushing on two 24 core umbilical reels and associated subsea tools. The work scope included use of EnerMech’s flushing rig and COMPAR Microscope analysis k
