Hamburg Süd has again been honoured for its sustainable and environmentally conscious conduct. First, in late July 2011, it received the Air Quality Award from the San Pedro Bay Ports Clean Air Action Group (backed by the ports of Los Angeles and Long Beach). Just a few days later, it was the Gulf G
ShawCor Ltd. announces second quarter 2011 results: Second quarter revenue of $265 million increased by 13% from the $235 million reported in the second quarter of 2010 but was 5% lower than the $279 million reported in the first quarter of 2011. EBITDA in the second quarter of $35.3 million increas
In Tuesday, Jubilant announced the results of Appraisal Well DDE-APP-1 in the Deen Dayal East Field in the KG Block, which was spudded on the 1st of January 2011. The well was drilled by the operator (GSPC), with the objective of appraising the hydrocarbon bearing sands of the KG-16 discovery well a
The Seajacks vessels continue to work in tandem, installing Siemens 3.6MW WTGs at a rapid pace on Walney 2 Offshore Wind Farm. Recent installation activities have been described as “booming” by client Dong Energy. 155 turbines now installed – 7 turbines installed in the past week Seajacks Operations
Marlink, the largest provider of maritime satellite communications, has recently extended its contract with offshore vessel operator Simon Møkster Shipping AS for a further 5 years. As part of the latest agreement, Marlink will continue the provision of its Sealink™ VSAT services aboard 18 existing
The first ever deployment of a SunStation CP critical monitoring system pre-installed onto a subsea tree was successfully interrogated last month by an Oceaneering Millennium ROV. The unit displays the cathodic protection potentials from permanent reference electrodes installed at two critical locat
A&P TYNE is building on its success in a new business sector with the completion of yet another subsea structure for an offshore oil and gas field. The Mid Water Arch – used to support control cables as they rise from the seabed to the surface – left the ship repair and fabrication yard at […
Juliet Marine Systems, Inc. announced today that the US Navy/USPTO have removed Secrecy Orders previously applied to GHOST. For the first time, Juliet Marine is able to release photographs of GHOST, the first super-cavitating craft, to the public. GHOST was designed and built by US Citizens for the
Norwegian Energy Company ASA (Noreco) has entered an agreement to sell its interests in the South Arne oil field in Denmark to Hess Denmark ApS for a consideration of USD 200 million. Noreco expects to record a profit of approximately USD 50 million after tax from the transaction. “An important part
Bumi Armada Berhad’s joint venture company, Forbes Bumi Armada Offshore Limited (FBAOL), signed a seven year fixed term time charter (TC) with Oil and Natural Gas Corporation Limited (ONCC) for the provision of a Floating, Production, Storage and Off- loading vessel (FPSO) which will be located in t
The service, Hamworthy Academy, includes a range of courses which are designed to provide training for the company’s equipment and comprise e-based learning packages backed up by a significant investment in hands-on facilities. Hands-on training is currently available from Hamworthy’s Norway-based f
Polarcus Limited announces that the Company has signed a five year Bareboat Charter Party Agreement (BBCP) with OAO Sovcomflot (SCF) of Russia. Under the terms of the BBCP Sovcomflot will charter POLARCUS SELMA, inclusive of an 8 streamer seismic equipment package, from Polarcus at a rate of USD 69,
Bumi Armada Berhad’s joint venture company, Forbes Bumi Armada Offshore Limited (FBAOL), signed a seven year fixed term time charter (TC) with Oil and Natural Gas Corporation Limited (ONCC) for the provision of a Floating, Production, Storage and Off- loading vessel (FPSO) which will be located in t
Polarcus Limited announces that the Company has signed a five year Bareboat Charter Party Agreement (BBCP) with OAO Sovcomflot (SCF) of Russia. Under the terms of the BBCP Sovcomflot will charter POLARCUS SELMA, inclusive of an 8 streamer seismic equipment package, from Polarcus at a rate of USD 69,
