Dolphin Drilling AS, a subsidiary of Fred. Olsen Energy ASA , has entered into a Letter of Award for the provision of the semi-submersible drilling rig Bredford Dolphin with Lundin Norway AS for operation on the Norwegian Continental Shelf. The contract is for a six well drilling program with an est
With reference to the stock exchange announcement 13 December 2010 in which Odfjell announced a process to evaluate strategic alternatives for its Rotterdam tank terminal, the Company today informs that it has entered into a letter of intent to form a strategic partnership with affiliates of US-base
Farstad Shipping achieved an operating income of NOK 801.0 million (USD 144.65 million) for the 1st quarter. The operating profit (EBIT) was NOK 142.8 million (USD 25.78 million). The profit after taxes was NOK 90.4 million (USD 16.32 million). Contract coverage The contract coverage of the Farstad
Korean Samsung Heavy Industries Ltd. has entered into an agreement with Grenland Group for delivery of detailed engineering and fabrication services for the topside on Statoil’s wellhead platform Valemon. The project will start up immediately and will be completed in February 2014.The contract value
Go Offshore recently announced that it has secured a long term contract with Chevron for its UOS Discovery AHTS . The 16,320 hp Anchor Handling Tug & Supply vessel will provide support for Chevron’s drilling activities off the North West Shelf of Australia. Initial firm period is 6 months. Go Offsho
Ithaca Energy Inc. announces that the J03 well on the Jacky field (“the well”) has been suspended having encountered a smaller than anticipated oil column in the Beatrice ‘A’ Sand reservoir. Given the result of the well, technical work is ongoing to determine whether to re-enter the well and complet
Hydroid, Inc., a subsidiary of Kongsberg Maritime, the leading manufacturer of Autonomous Underwater Vehicles (AUVs), announced that the company’s first ever Open Enrollment Training will be held during the week of September 12, 2011, in Pocasset, Massachusetts, USA. During the September Open Enroll
MIS has received the final report on 11.3 kilometers of deep penetrating Induced Polarization geophysical survey (IP) conducted by Larder Ge… (newswire) [mappress] Source: newswire , May 19, 2011;
Further to the announcement of 7 April 2011, Lamprell , a leading provider of specialist engineering services to the international oil & gas and renewables industry, announce the proposed recommended acquisition of all the issued and to be issued shares of Maritime Industrial Services Co. Ltd. Inc.
Following his notice to the Group Board, Rob Strijland (1949) will retire as Chief Operating Officer effective June 1, 2011, Dockwise announced. Apart from the fact that Mr. Strijland wishes to develop other interests in the maritime industry, he will continue to assist Dockwise in a consulting capa
Navios Maritime Partners L.P., an owner and operator of dry cargo vessels, announced today that it has agreed to purchase from Navios Maritime Holdings Inc. the Navios Orbiter, a 2004-built Panamax vessel of 76,602 dwt, and the Navios Luz, a 2010-built Capesize vessel of 179,144 dwt, for a total con
Further to the announcement of 7 April 2011, Lamprell , a leading provider of specialist engineering services to the international oil & gas and renewables industry, announce the proposed recommended acquisition of all the issued and to be issued shares of Maritime Industrial Services Co. Ltd. Inc.
Go Offshore recently announced that it has secured a long term contract with Chevron for its UOS Discovery AHTS . The 16,320 hp Anchor Handling Tug & Supply vessel will provide support for Chevron’s drilling activities off the North West Shelf of Australia. Initial firm period is 6 months. Go Offsho
A POTENTIAL investment in Sheerness that could bring 2,000 jobs is an opportunity the whole of Kent cannot afford to miss, according to Sheppey’s MP. Wind turbine manufacturer Vestas announced last Wednesday that it has taken out an option to secure exclusive rights on a massive swath of land at the
