BP replaced its annual production by 112 per cent in 2007, taking its proved reserves of oil and gas to 17.8 billion barrels. It also added some 2.4 billion new barrels to its non-proved resource base which now stands at a further 42.1 billion barrels of oil equivalent.
MODEC announced today that Petróleo Brasileiro S.A. (Petrobras) has signed a letter of intent for the supply, charter and operations of a Floating Production, Storage and Offloading (FPSO) vessel. The contract is a 12 year lease with three one-year options. MODEC is responsible for the engineering,
Shortly after her launch Predator (De Vries 674) was transported from the Feadship De Vries shipyard in Aalsmeer to Rotterdam.
Reference is made to Smit Internationale’s press release dated February 25, 2008. The Executive Board has carefully reviewed the letter of Royal Boskalis Westminster NV, sent on behalf of the shareholders of the Lamnalco Group.
ARL Consulting announces the release of the ARL Yard mini-Inventory Platform which helps container yards to manage equipment on the yard. The platform can be used by medium sized yards, depots, repair and storage facilities, and terminals with a quay side. Request demo or sign-up at ARL’s portal for
Stability Yachts is building a very non-traditional catamaran-based super yacht with SWATH (Small Waterplane Area Twin Hull) technology to reduce motion at standstill and at speed. SWATH technology has been previously used by the military and for deep-sea research ships, but prior to now, has not be
A syndicate with environmental issues at the heart of their campaign has emerged as a potential eighth entry for the 2008-09 race. Known as Carbon Challenge, the objective of the campaign is to raise awareness of the harmful effects of global warming as the team travels the globe by significantly re
The leading Turkish yachtbuilder Aegean Yacht is working on two new luxury 24 m Motor Sailers Rosa and Diva. The new Aegean Sailor 24 M is a classic steel ketch with an elegant and everlasting design. She is an ultra spacy and serious blue water vessel both for the commercial and private yacht owner
The 2008 schedule, released Monday, shows 211 ship visits, delivering 400,000 passengers on 25 different vessels to Ogden Point. Cruise ships will also dock at Victoria Harbour. Ten pocket ship visits, involving three vessels, are on the schedule.
Cargotec’s MacGREGOR business area providing marine cargo handling and offshore solutions, has received an order from US Navy to develop a Test Article Vehicle Transfer System. The delivery of the system is set to be completed by the end of year 2009 and the value of the order is approximately EUR 1
‘2007 was a top year for Imtech’, says René van der Bruggen, CEO of technical services provider Imtech. ‘There was a substantial increase in technology investment in almost all the markets relevant for Imtech – buildings, industry, infrastructure & mobility and marine. Because Imtech can offer total
Havila Shipping ASA has entered into a contract with Havyard Leirvik for building of a IRM vessel called Havyard 855. The vessel is developed by Havyard Maritime in close cooperation with Havila Shipping ASA.The vessel has a length of 97,5,4 m, breath of 19,8 m. In order to meet environmental and co
VOSTA LMG has been awarded a contract for a cutter suction dredge CSD750 by INTERNATIONAL SEAPORT DREDGING LTD., a joint venture company of the Belgian dredging major Dredging International (member of the DEME group) and the Indian construction giant Larsen & Toubro. The dredge will be used for dred
Anti-whaling activists say they’ve bugged ‘several’ Japanese whaling ships, allowing them to track the fleet’s location for at least another year. Activists from the Sea Shepherd Conservation Society (SSCS) claim to have hidden devices on a number of whaling vessels, including the harpoon vessel Yus
