VideoRay Awarded $2.2 Million Contract by Combating Terrorism Technical Support Office to Modernize the United States Coast Guard’s Remotely Operated Vehicle Fleet. VideoRay announced that it has been awarded a $2.2 million dollar contract by the Combating Terrorism Technical Support Office of the U
Neptune Marine Services Limited announces it has signed a Memorandum of Agreement for the sale of the vessel, ROV Supporter including the on board remotely operated vehicle (ROV). Under the terms of the agreement, Neptune will sell the Assets for US$2.4 million. The sale proceeds will augment workin
CCCC Third Harbour Engineering Company Limited (THEC) won the bid for the reclamation project (deposition promotion dike of the third section) in the Zhuangyuanao area at Wenzhou Port, with a bidding amount of RMB 295 million and a construction period of 24 months.Located in the north of Zhuangyuana
KS Energy Limited announces that its subsidiary, KS Distribution Pte Ltd has secured two project contracts with an established shipyard from China to supply rig components worth approximately S$70 million (in total for the two contracts) for the construction of two jack-up rigs. KS Distribution Pte
Rand Logistics, Inc. today announced that it has signed a binding asset purchase agreement, whereby its designated subsidiary, Lower Lakes Towing Ltd. (“Lower Lakes”) will acquire the Maritime Trader, a Canadian flagged dry bulk carrier, subject only to final approval by the Federal Court of Canada.
Global Marine Systems Limited has announced a major upgrade of its CS Sovereign vessel. Global Marine‟s marine engineering team worked closely with an offshore handling equipment supplier, to design and build two 2,300 tonne turntables, in order to expand the ships capability for a further round of
SBM Offshore announces it has received a letter from BP Exploration Operating Company Ltd confirming full project sanction for the supply of an internal turret mooring system for the Quad 204 FPSO project. The contract consists of engineering, procurement and construction of an internal turret moori
Lundin Petroleum AB announces that it has commenced the drilling of the Cempulut prospect located in Block SB303, offshore Sabah in East Malaysia. The main objective of the well is to test a large shallow late Miocene carbonate reef with a crestal seismic amplitude anomaly. The planned total depth i
Neptune Marine Services Limited announces it has signed a Memorandum of Agreement for the sale of the vessel, ROV Supporter including the on board remotely operated vehicle (ROV). Under the terms of the agreement, Neptune will sell the Assets for US$2.4 million. The sale proceeds will augment workin
CARIS, the world’s leading marine GIS organization, has launched a new module as part of the release of Bathy DataBASE 3.2. The Engineering Analysis Module caters to the requirements of the dredging industry, port and waterway authorities, as well as other engineering operations. The Engineering Ana
Mr Eisso Koenders has joined Jasper Drilling Private Limited in July 2011 as General Manger. He will be responsible for all operational and marketing functions within the Jasper Group. He brings with him over 38 years of experience in the drilling industry. He commenced his offshore career with Shel
Alpine Ocean Seismic Survey, a provider of marine surveying and data collection services, announces the following changes to its executive leadership: Robert Mecarini has been promoted to President of the company, and Gino Mecarini assumed the role of Chairman. This planned succession enables Robert
During the period 7-8 June 2011, the Petroleum Safety Authority Norway (PSA) conducted an audit of Statoil aimed at the operating company’s work to ensure compliance with the petroleum regulations’ requirements for electrical installations and personnel responsible for electrical installations. Back
Kosmos Energy announces today that the company’s Makore-1 exploration well on the West Cape Three Points Block offshore the Republic of Ghana encountered 37 meters (121 feet) of good-quality Campanian-age water-bearing sandstone reservoirs and 46 meters (151 feet) of good-quality Turonian-age water-
