The consortium of Keppel FELS Brasil S/A and Technip Brasil Engenharia, Instalacoes e Apoio Maritimo S/A (Technip), FSTP Pte Ltd, has secured a US$1.2 billion contract to build a semisubmersible Floating Production Unit (FPU) for Petrobras Netherlands BV (PNBV). FSTP is a 75/25 consortium company be
Somali pirates have hijacked a South Korean cargo ship, just a day after a Japanese vessel was seized off the East African coast The South Korean ship, which was seized late Monday or early Tuesday, had 22 crew members.
Hercules Offshore, Inc. today reported net income of $48.4 million, or $0.58 per diluted share, on revenues of $294.4 million for the third quarter 2007, compared to net income of $29.7 million, or $0.91 per diluted share, on revenues of $97.2 million for the third quarter 2006.
A Russian cargo ship is due to call at Montrose after a member of its crew died suddenly at sea. The body of the 26-year-old Polish worker was found in his bunk aboard the vessel on Monday.
Singapore-based SembCorp Marine entered a strategic partnership to gain a 3.31 percent stake in India’s Pipavav Shipyard, with the aim of growing its marine and offshore business in India. SembCorp has signed an agreement with Pipavav Shipyard and SKIL Infrastructure to subscribe to 3.31 per cent in
Topaz Energy and Marine Ltd. has announced that its Abu Dhabi-based oil & gas subsidiary Adyard LLC has been awarded an Dhs130m contract by Swiss-based Single Buoy Moorings Inc. (SBM) The contract is for the fabrication of a Mobile Offshore Production Unit (MOPU) for Talisman Energy, one of Canada’s
Oil and Gas Development Corporation (OGDC), a UK based oil company has signed a Memorandum of Understanding (MOU) with PSC Tema Shipyard Limited to provide various services on mobile offshore drilling units. The partnership would help promote the energy business in the country as a result of the inc
Dubai Drydocks World, a maritime holding company, is making a voluntary conditional cash offer to acquire Singapore’s Labroy Marine Ltd for S$2.37 billion. Drydocks World has received irrevocable undertakings from Labroy’s substantial shareholders to accept the offer from Drydocks World in respect o
Rescuers searching a freighter that capsized off Denmark’s southern coast found a third victim Monday and said hopes were fading of finding five other missing members of the Turkish crew alive.
AED Oil’s wholly owned Puffin oil project delivered its first crude cargo of 328,000 barrels of oil. The crude cargo was lifted from floating production, storage and offloading (FPSO) vessel Front Puffin to trading tanker Mayon Spirit. The API gravity for the crude cargo was calculated at 43.6, whic
Three yachtsmen may have survived had a P&O car ferry officer not ‘ignored evidence’ his ship may have sunk or swamped their boat, a court heard. Michael Hubble has denied manslaughter through gross negligence and engaging in conduct likely to cause death or serious injury to the three men.
A ship’s black box recorded a ferry officer accused of manslaughter talking about a yacht close to the vessel, a court heard. A transcript of the recording was read out at Winchester Crown Court in the trial of Michael Hubble, of Kent.
A U.S. destroyer has entered Somali territorial waters in pursuit of a Japanese-owned ship loaded with benzene that was hijacked by pirates over the weekend, military officials said Monday.
The new Rob Humphreys’ Elan 450 Cruiser/Racer with twin rudders attracted buyers from all over Europe at the recent Genoa Boat Show. Positioned right at the front, in more ways than one, Elan premiered their latest exciting model /prototype with an excellent all round view and phenomenal positive fe
