Mediterranean Oil & Gas Plc. announced that the Company has signed an agreement with the Government of Malta to extend the first exploration phase of the Production Sharing Contract (“PSC”) for offshore Malta Area 4 (Blocks 4, 5, 6, 7), by 18 months to January 18, 2013. In addition, the Company is i
TBS International plc announced today that it has taken delivery of the newly-constructed vessel M/V Maya Princess from China Communications Construction Company Ltd./Nantong Yahua Shipbuilding Group Co., Ltd. The M/V Maya Princess is the sixth and final delivery in the series of six “Roymar Class”
FMC Technologies, Inc. announced today that it has signed an agreement with Statoil for the manufacture and supply of a workover system to support the Statfjord field. The award has a value of approximately $70 million in revenue to FMC Technologies. Statfjord is one of the oldest producing fields o
FMC Technologies, Inc. announced that it has signed an agreement with Statoil for the manufacture and supply of a workover system to support the Statfjord field. The award has a value of approximately $70 million in revenue to FMC Technologies. Statfjord is one of the oldest producing fields on the
Marine experts have battled difficult underwater conditions in an inaccessible part of the Cornish coast to document hundreds of species… (thisiscornwall) [mappress] Source: thisiscornwall, June 02, 2011;
Vestas Wind Systems A/S (Randers, Denmark) on March 30 announced the launch of its newest dedicated offshore turbine, called the V164-7.0 MW, with a rotor diameter of 164m/538 ft. According to Anders Søe-Jensen, president of Vestas Offshore, the offshore wind market is set to take off in the coming
On 12 May 2011 the dividend of Royal Boskalis Westminster N.V. for 2010 was set at € 1.24 per ordinary share with a choice of stock or cash dividend. With the dividend distribution as stock, shareholders will receive 1 new ordinary share per 26 dividend rights of ordinary shares. The conversion rate
MTN Satellite Communications (MTN), the global provider of communications, connectivity and content services to remote locations around the world, and ERZIA, the leading provider of VSAT maritime communications in Spain, today jointly announced the installation of MTN’s Rapid Deployment System (RDS)
Sevan Marine ASA , a company specializied in owning, operating and licensing FPSOs and drilling units, based on its patented cylindrical floater technology announces fleet technical uptime for May 2011. Technical Uptime for May 2011 was as follows: FPSO Sevan Piranema 99 (%) FPSO Sevan Hummingbird 1
Yesterday, Germanischer Lloyd (GL) awarded its “GL Excellence – 5 Stars” certificate to the Hamburg-based shipowner and ship management company E.R. Schiffahrt. The commendation was presented by Torsten Schramm, Chief Operating Officer at GL, and Jens Ahrenkiel, Business Development Manager. Albert
BMT Nigel Gee, one of the world’s leading independent design consultancies for advanced vessels, and ECOsuperyacht, a specialist in providing energy efficiency & emissions management services through its ECO Seas Programme, have announced their collaboration. ECOsuperyacht and BMT Nigel Gee, a subsi
Safe Bulkers, Inc. an international provider of marine drybulk transportation services, announced yesterday that it has entered into three credit agreements with Japanese governmental financial institutions amounting to US $122.4 million to finance the acquisition of three Japanese Post-Panamax clas
FoundOcean is awarded the foundation grouting contract for a Jacket Installation by Saipem FoundOcean has been awarded the offshore grouting contract for a four-legged wellhead jacket in a greenfield location in the North Sea. The award forms part of a three year agreement between FoundOcean and Sai
FoundOcean has been awarded the offshore grouting contract for a four-legged wellhead jacket in a greenfield location in the North Sea. The award forms part of a three year agreement between FoundOcean and Saipem UK. The jacket will be installed in 81m water depth and the grouting is via a sub-sea g
