Oceaneering International, Inc. announced that it has, through its wholly-owned subsidiary, Grayloc Products Canada, Ltd., acquired all the operating assets of SMX International Canada Inc. (SMX). Located near Toronto, SMX is a manufacturer of metal-to-metal seal clamp connectors, check valves, and
Vantage Drilling Company announced today the closing of the previously announced concurrent offerings by Offshore Group Investment Limited, a wholly owned subsidiary of Vantage (the “Issuer”), of $1.0 billion aggregate principal amount of 11½% Senior Secured First Lien Notes due 2015 and the Company
The U.S. Coast Guard continues to work with the Louisiana Oil Spill Coordinator’s Office LOSCO, Louisiana Department of Natural Resources LDNR, Louisiana Department of Environmental Quality LDEQ, Louisiana Department of Wildlife and Fisheries LAWLF, the Louisiana State Police LSP, and Jefferson Pari
Construction of the second cylindrical ultra-deep water Semi-submersible Drilling rig SEVAN DRILLER II, being built for Sevan Marine ASA, is progressing steadily and on schedule in COSCO Nantong Shipyard. The 13.4m stage block erection of the main hull is nearly complete and three levels of the acco
Champion Technologies has announced a multi-million pound contract with Wood Group for the provision of production chemicals and chemical services to several of the firm’s North Sea assets. Initially a three year contract, there are two one year options in place which could see the value of the deal
During final preparations to commence with the injectivity test, a small hydraulic leak was discovered in the capping stack hydraulic control system. The injectivity test, previously announced to take place Monday, will be rescheduled until the leak is repaired. It is anticipated that the injectivit
Progress during the week was delayed due to 53 hours of bad weather preventing the installation of the Blow Out Preventer (“BOP”) on the well head located on the sea floor. Further difficulties were experienced when trying to latch the BOP onto the wellhead. Modifications of the BOP to wellhead conn
McDermott International, Inc. announced today that it has completed the spin-off of its power generation systems and government operations segments through the distribution of the shares of The Babcock & Wilcox Company (“B&W”) to holders of McDermott common stock. As a result, McDermott is now a lea
Israel Petroleum Company, Limited (“IPC”) announced that the transfer and registration of its ownership rights in the Sara and Myra offshore Israel licenses has been granted by the Petroleum Commissioner of the Israel Ministry of National Infrastructure (“MNI”). Per the updated “Ownership in Petrole
Marine Subsea’s flagship vessel Sarah set sail from Aberdeen this weekend to begin a £2 million series of decommissioning contracts in the… by James Hamilton (Heraldscotland) [mappress] Source: Heraldscotland, August 2, 2010:
Keppel Corporation Limited (Keppel Corp), through a subsidiary Keppel Philippines Marine Inc, (KPMI), is raising its shareholdings in two associated companies, Subic Shipyard and Engineering Inc. (SSEI) and Consort Land, Inc. (CLI) to boost its Near Market, Near Customer strategy in the Philippines.
ClampOn has received Letter of Intent from FMC for supply of subsea sand & vibration monitors and PIG detectors to the Laggan-Tormore project. The Laggan-Tormore project is located in North-West of Shetland and is operated by Total. The overall development concept consists of a long distance tie-bac
Daewoo Shipbuilding & Marine Engineering Co., South Korea’s second-largest shipyard, said Monday that it has won two separate contracts… [mappress] Source: Asiapulse, August 2, 2010:
Serica Energy announces that on 30 July drilling operations commenced at the Oates exploration well location in Block 22/19c in the UK Central North Sea. The well will be drilled by the Ensco 100 jack-up drilling rig to a depth of approximately 10,000 feet and is anticipated to take approximately 30
