The Brazilian oil company Petrobras have selected an Aker Kvaerner design for the hull of their new semisubmersible production platform to be located offshore Brazil, at the Marlim Sul deep water field development. The design is a copy of the P-51 semisubmersible platform, developed by Aker Kvaerner
Wärtsilä engine cylinder lubricating system retrofits for 21 vessels will cut lubricating oil consumption and engine operating costs. Wärtsilä won an order in November 2007 from the German shipowner Reederei Claus-Peter Offen for retrofitting 21 ships with the Retrofit Pulse Lubricating System. The
Specialist Dutch refit yard Balk has embarked on two new projects. The 40.28-metre Royal Huisman sailing yacht Anakena will have a comprehensive overhaul of its propulsion system and hydraulics. And the 34-metre motoryacht Cornelia, launched by RMK Marine in Turkey in 2006, will have major work carr
BP yesterday announced that natural gas production from the Cashima field, offshore Trinidad, started on December 15, 2007. This followed the first gas production from the nearby Mango field on November 17. The Cashima development comprises the Cashima field, discovered in 2001, and the North East Q
Chevron Corporation today announced that its main Chinese subsidiary has signed a 30-year production-sharing contract with China National Petroleum Corporation (CNPC) for the joint development of the Chuandongbei natural gas area in central China. Chevron will take over the role of operator and hold
Glenn Bourke has resigned from his position as CEO of the race. Bourke, 47, has taken the decision, a very difficult one he said, for family reasons. He has held the position since November 2002 and helped establish the Volvo as the world’s leading offshore ocean race. Bourke will relocate from Engl
A unit of General Electric Co. (GE) announced Tuesday it is investing $54 million to become part owner of a ship drilling for oil off the coast of Brazil. As the price of oil skyrockets, investors and explorers are drilling further offshore and in deeper waters for oil. The equity investment in offs
At the beginning of December StatoilHydro completed an agreement with Chevron to take over three heavy oil licences on the British continental shelf (UKCS). This is the first-ever operatorship for the group in this area.
On the 22nd of November contracts were signed with Half Tide Marine Pty Ltd of Mackay Australia for the delivery of two (2) Damen ASD Tugs 3111. These contracts were signed following a successful operation period of the first Damen ASD Tug 3111 ‘Kolijo‘ delivered in July 2007. The new tugs with hull
Keppel Verolme BV, a wholly owned subsidiary of Keppel Offshore & Marine Limited (Keppel O&M), has secured two contracts totaling EUR 75 million (S$160 million) on the back of an upsurge of offshore activities in the North Sea.
ING Real Estate, part of ING Group NV, said it has entered into a joint venture with Flagstone Property Group to develop Island Gardens, a 600 mln usd mixed-use waterfront development in Miami, US.
DryShips Inc., a global provider of marine transportation services for dry bulk cargoes announced today that it has entered into an agreement to acquire approximately 30.4% of the issued and outstanding shares and voting rights in Ocean Rig ASA, an offshore drilling contractor listed on the Oslo Sto
Keel failure has forced the New Zealand maxi Maximus out of the Rolex Sydney Hobart. Owner Bill Buckley’s worst fears were realised this afternoon as his 30 tonne boat was lifted out of the water at Woolwich Dock.
Crews racing in this year’s Rolex Sydney Hobart Yacht Race have an opportunity to help the worthwhile charity OzHarvest, which collects food from various areas then distributes it to many charities.
