Mrs. Francesca Pratt, wife of Christopher Pratt, Chairman of Swire Pacific Limited, was the Lady Sponsor today at the naming of Pacific Champion, the latest addition to the Swire Pacific Offshore fleet. Built at Sekwang Heavy Industries in Ulsan, Korea, Pacific Champion is a new UT786 Clean Design,
FMC Technologies, Inc. announced that it will issue its first quarter 2011 earnings release after the market closes on Tuesday, April 26, 2011. The Company also announced it will host its first quarter 2011 earnings release teleconference on Wednesday, April 27, at 9:00 a.m. EDT. The teleconference
Grenland Group has received three Letters of Intent for a total of NOK 220 million from FMC Technologies’ Kongsberg operation. Manufacture of equipment to support the Ormen Lange Project Grenland Group, as a supplier to FMC Technologies, has received a Letter of Intent to manufacture and deliver one
Keppel FELS Limited (Keppel FELS) has secured a contract worth about US$210 million from Japan Drilling Company (JDC) to build a KFELS Super B Class jackup rig. Slated for delivery in the first quarter of 2013, the rig will be JDC’s first newbuild rig order in six years and Keppel FELS’ first for JD
Honeywell announced that it has been selected by the Korea Marine Equipment Research Institute (KOMERI), to implement its award winning Mar 08, 2011 – [1] UniSim® simulation solution at KOMERI’s new Testing and Certification Centre being built in Geoje, Korea. KOMERI is South Korea’s leading researc
VAALCO Energy, Inc. reported results for the fourth quarter and full-year of 2010. For the 2010 fourth quarter, VAALCO reported net income attributable to VAALCO of $8.9 million, or $0.15 per diluted share, compared to net income attributable to VAALCO of $2.2 million, or $0.04 per diluted share, fo
Cargotec has won a contract to supply two sets of MacGregor anchor-handling systems for two anchor-handling tug /supply / oil recovery vessels under construction at a Chinese Shipyard for a Singaporean owner. The anchor-handling equipment is scheduled for delivery at the end of 2011 and it will be m
Fugro recently formally took delivery of a new-build vessel, M/V Fugro Galaxy; the second of Fugro’s FSSV 65 series of dedicated survey vessels “FSSV 65” is the design name for a state of the art 65m long Fugro Standard Survey Vessel. Designed to Fugro specifications the specially designed hull form
Fugro N.V. has won the Erasmus Innovation Award 2010-2011 for the most innovative company in the Netherlands.In the press release from the Rotterdam School of Management, Erasmus University, the following is stated: “The jury notes that Fugro N.V. distinguishes itself through its forward looking vis
BHP Billiton CEO, Marius Kloppers, today announced a donation of US$1 million to the Red Cross to assist with disaster relief in the wake of the earthquake and tsunami in Japan. Mr Kloppers said BHP Billiton had a long standing and substantial relationship with Japan. “Japan is one of BHP Billiton’s
MEO Australia Limited is pleased to announce that it has accepted a conditional offer from its preferred farminee for farmin to NT/P68. Negotiations are currently underway to convert the offer into binding agreements which will be subject only to Australian regulatory approvals. MEO currently holds
Fugro N.V. has won the Erasmus Innovation Award 2010-2011 for the most innovative company in the Netherlands. In the press release from the Rotterdam School of Management, Erasmus University, the following is stated : “The jury notes that Fugro N.V. distinguishes itself through its forward looking v
The Government of Papua New Guinea has confirmed that it intends to take up a 30% stake in the Solwara 1 project in the Bismarck Sea in Papua New Guinea (PNG). Nautilus Minerals Inc. will retain a 70% holding in a joint venture to be established with the PNG Government. In a letter to […]
Brunei Shell Petroleum (BSP – Shell 50%) announced today a significant new oil discovery in the coastal waters of the south-east Asian sultanate. The discovery, named Geronggong, is situated in the 3rd Offshore Acreage Area, approximately 100km offshore where water depth is approximately 1000m, the
