REpower Systems AG (WKN 617703) is selling the major assets of its logistics subsidiary Windenergie Logistik GmbH (WEL) to Universal Windkraft Logistik GmbH (UWL). UWL is a subsidiary of the heavy goods transports company Universal Transport, Paderborn. The contract will take effect on April 1, 2011
ST Marine has delivered its first seismic survey vessel to Swire Pacific Offshore Operations. In December 2008, ST Marine announced the S$30 million (US$24 million) contract to provide detailed design and to construct the 68-metre vessel for Swire. Work commenced in 2009. The contract from Swire was
Wärtsilä, the marine industry’s leading solutions provider, and Aker Solutions, the international oil and gas services company, have agreed to combine their fields of expertise to develop a new and environmentally sound concept for offshore wind farm installation vessels. According to the contract,
Wärtsilä, the marine industry’s leading solutions provider, and Aker Solutions, the international oil and gas services company, have agreed to combine their fields of expertise to develop a new and environmentally sound concept for offshore wind farm installation vessels. According to the contract,
GC Rieber Shipping has entered into a three-year charter agreement with the UK Ministry of Defence (“MoD”) for the vessel “Polarbjørn”. The contract commences medio April 2011 and expires in March 2014. The contract with MoD will in combination with the recently announced charter agreement for the C
Discover the endless underwater world of the Dominican Republic (DR), a diver’s paradise with nearly 1,000 miles of breathtaking coastline that features colorful marine life and intriguing shipwrecks from when pirates sailed the Caribbean. Located roughly 800 miles south of Miami, the DR boasts nume
Deep Sea Supply yesterday took delivery of “Sea Jackal”, a newbuilding AHTS from ABG Shipyard, India. “Sea Jackal” (AHTS Seatech P-729) is the 6th delivery in a series of 9 newbuilding AHTS vessels from ABG. The Deep Sea Supply fleet now consists of 13 AHTS and 8 PSVs, in total 21 vessels. In additi
MEC Resources provides the following update from its investee company Advent Energy Ltd (Advent) regarding the present status of PEP11, offshore Sydney Basin. Advent has advised that the joint authority has approved a variation to the PEP11 Year 6 work program commitment obligations. The variation i
Antrim Energy Inc., an international oil and gas exploration and production company, announces it has signed a “Letter of Award” with AGR Peak Well Management Limited (“AGR”)to provide well project management and drilling services, including the provision of the semi-submersible drilling rig, WilPho
New Zealand marine electronics company, Electronic Navigation Ltd (ENL) has been named as a finalist at the New Zealand Hi-Tech Awards in the Dell Innovative Hardware Product category for their Wide Angle Sonar Seafloor Profiler (WASSP). Originally established in 1993 the New Zealand Hi-Tech Awards
New Zealand marine electronics company, Electronic Navigation Ltd (ENL) has been named as a finalist at the New Zealand Hi-Tech Awards in the Dell Innovative Hardware Product category for their Wide Angle Sonar Seafloor Profiler (WASSP). Originally established in 1993 the New Zealand Hi-Tech Awards
Dragon Oil plc , an international oil and gas exploration and production company, announces the completion and initial testing of the Dzheitune (Lam) 28/152 and B/153 development wells. The Dzheitune (Lam) 28/152 well was drilled to a depth of 3,768 metres and completed as a dual producer by the NIS
Contango Oil & Gas Company announced that it has drilled a successful exploratory well at its Swimmy prospect located Offshore Gulf of Mexico on Vermilion block 170. The Company’s independent third party engineer estimates this well to have 8/8ths proved reserves of 48 billion cubic feet of natural
Technip was awarded an engineering services contract by ZADCO* for the UZ 750 project, one of the major offshore field development projects in the United Arab Emirates. The project aims at increasing by 2015 the oil production of the Upper Zakum field (located in the Gulf, 84 kilometers offshore Abu
