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,
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
Offshore West Africa, the premier and best technical conference and exhibition for offshore industry within the West African Sub-Region … [mappress] Source: Ghanaweb , March 15, 2011;
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
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
Saratoga Resources, Inc. today announced the appointment of J.W. “Bill” Rhea as an independent member of the Company’s board of directors and as a member of the Audit and Compensation Committees. Mr. Rhea has over 30 years of domestic and international business, financial and petroleum engineering e
The demanding role of Chief Financial Officer at AGR Drilling Services has been taken on by Rune M. Daae, who brings a wealth of experience to the position. Rune (pictured) has a Master of Science (MSc) degree in Accounting and Auditing from the Norwegian School of Economics and Business Administrat
Next year 16 billion dollars will be invested in the development of South Pars gas field projects through offering bonds, buyback contracts and domestic financial resources, deputy minister of Petroleum for planning and supervision on hydrocarbon resources, Mohsen Khojastemehr announced . He said th
Chevron Corporation is generating record operating cash flow and advancing its strong project queue, executives said today at the company’s annual meeting with financial analysts in New York. “Operationally and financially, 2010 was an outstanding year. We continue to deliver on our commitments,” sa
Apache Corporation today announced that Dave Gilbronson and Mark Bright will lead Apache’s oil and gas marketing organization, which will be divided along geographic lines. Gilbronson has been appointed to vice president of international marketing and Bright to vice president of North America market