Havyard has reported that this Saturday (November 15) a naming ceremony was held at Fosnavåg, Norway for a platform supply vessel (PSV) named Olympus. The vessel was built for Indian shipping company Global Offshore Services. It is the third in the series of Havyard’s 832 design, and the eighth vess
Eng. Mohammed Abdul Wasa, the General Manager of Aden Ports Development Company (APDC), together with the representatives of the Yemen Gulf of Aden Ports Corporation (YGAPC) welcomed last week a group of technical engineers from China Harbor Engineering Company Ltd. (CHEC). CHEC, the company in char
Halliburton Company and Baker Hughes Incorporated today announced a definitive agreement under which Halliburton will acquire all the outstanding shares of Baker Hughes in a stock and cash transaction. The transaction is valued at $78.62 per Baker Hughes share, representing an equity value of $34.6
Hess Corporation-operated Tubular Bells deepwater project, located in the U.S. Gulf of Mexico, has started crude oil and natural gas production. The field is located 135 miles (217 km) southeast of New Orleans, in approximately 4,300 feet (1,310 m) of water in the Mississippi Canyon area. The discov
Dolginskoye field operator Gazpromneft-Sakhalin (a subsidiary of Gazprom Neft) completed testing of a well drilled at the Dolginskoye field, Pechora Sea. The completion of geophysical and hydrodynamic testing will allow clarification of the underlying structure of the field and the development of a
The U.S. Army Corps of Engineers, Charleston District, has released a summary of project activities and accomplishments for Fiscal Year 14. The Charleston District has a unique and varied program that grows larger every year. The programs include the Civil Works, Regulatory, Military, and Internatio
Mermaid Maritime’s Indonesian business unit has chartered in the ex-Windermere vessel from Miclyn Express Offshore Ltd. (“MEO”) for 5 years at a cost of approximately USD 15 million per year, with options to extend for another 5 years. The vessel is scheduled to be delivered in the month of December
Vos Prodect Innovations has secured a new order from Norddeutsche Seekabelwerke GmbH (NSW), for the design and supply of cable hang-off systems for an offshore wind farm project, located in the United Kingdom. With this project, Vos Prodect Innovations, market leading cable hang-off system supplier
The 2014 winter dredging program at East Cowes Marina in the river Medina is in full swing. Dredging operation are being conducted by the Jenkins Marine with the expected completion date set for November 28th 2014. So far everything is going according to scheduled. The dredging is being carried by a
Hilong Marine Engineering (Hong Kong) Limited, an indirect wholly-owned subsidiary of Hilong Holding Limited, has recently won a bid for the provision of offshore pipe-laying service to CNOOC China Limited. The awarded contract is in relation to Phase II of Weizhou Project. A service contract was si
DONG recently awarded Commercial Marine and Piling Ltd. (CMP) a contract to construct & install a complete berthing system for the crew transfer vessels in Barrow in Furness. The contract included dredging, socketing piles into rock and construction of heavy concrete pontoons on site and the fabrica
The Norwegian Petroleum Directorate has informed that its new management group is coming into force today, November 17, 2014. According to the NPD, this adjustment of the organisation entails that the NPD will have more managers, and is transitioning from two to three management levels. “The most im
Following intensive U.S. Army Corps of Engineers review and consideration of extensive public comments, the Corps’ Northwestern Division Commander, Brig. Gen. John S. Kem, has signed two Records of Decision (RODs). Both RODs were signed last Friday, November 14th, and include: 1) the Lower Snake Riv
IPB Petroleum has informed that the Pryderi-1 exploration well in WA-424-P, off Australia, has reached a total depth of 694m (RT) in 12.25” hole late afternoon on November 15, 2014 with no moveable hydrocarbons being encountered. IPB Petroleum said that despite some residual oil shows encountered wh