Business & Finance
Researchers Conduct New Coral Growth Study (UK)
Research from the University of Southampton and National Oceanography, Southampton has provided new insight into the basic immune response and repair mechanisms of corals to disease and changing environmental conditions. Research from the University of Southampton and National Oceanography, Southamp
Melrose to Drill Kamchia Well Offshore Bulgaria Next Year
Melrose Resources plc, the oil and gas exploration, development and production company announced the results of the interpretation of the seismic data acquired offshore Bulgaria. The results of 3D seismic data acquired over the central area of the offshore Galata Block in 2011 have confirmed the pre
UK: NOC Scientist to Make Porcupine Abyssal Plain Seafloor Map
NOC scientist, Dr Henry Ruhl, is leading an expedition to the Porcupine Abyssal Plain, some 300 miles southwest of Lands End. He will be looking at how the shape of deep ocean floor and climate influence deep sea ecology, and he intends to do this by making a very large photographic map of the seafl
STEP ONE Yacht Set for Inaugural Public Appearance at Monaco Yacht Show
The new Amels yacht STEP ONE is set to make her first public appearance at the upcoming Monaco Yacht Show in September. STEP ONE’s exterior is designed by the renowned British designer Tim Heywood and her full custom interior by Laura Sessa. She is the first in line of the 55 metres series and measu
PTTEP 16-1 Project Offshore Vietnam Moves Forward
PTTEP announces today (July 9,2012 )that the second wellhead platform of Vietnam 16-1 project has been successfully installed, and this is expected to increase its capacity to about 55,000 bpd by the fourth quarter this year. Mr. Tevin Vongvanich, the President and CEO of PTT Exploration and Product
ATP Oil & Gas Completes Workover at Telemark Hub Well (USA)
ATP Oil & Gas Corporation today announced the completion of the workover at its Mississippi Canyon (“MC”) Block 941 A-2 well located in the Mirage Field at the Telemark Hub. The well was completed with 3 ½ inch tubing at a measured depth of 17,140 to 17,401 feet to add the Miocene B Sand completion
TTS: Purchase of Neuenfelder Maschinenfabrik GmbH (Germany)
TTS Group ASA has entered into an agreement to purchase Neuenfelder Maschinenfabrik GmbH (NMF), located in Hamburg, Germany. Closing is expected to be finalized in the first half of August 2012. Expected turnover of NMF in 2012 is 660 MNOK (88 MEUR). The last 5 years NMF has delivered marine cranes
K Line Offshore Has New CEO (Norway)
K Line Offshore AS, a ship owning and operating company in the Offshore Support Vessel segment founded in Arendal, Norway, has named Tomoyuki Okawa a Chief Executive Officer of the company. Okawa begins as CEO on 1st July 2012 and replaces Mr. Katsue Yoshida, who has held the CEO position for the la
STX Finland Delivers RV Mirabilis
On Thursday 28 June 2012, STX Finland Oy’s Rauma Shipyard celebrated the flag-changing ceremony of the specialised vessel built for the Ministry of Fisheries and Marine Resources of the Republic of Namibia. The event was witnessed by representatives of the customer, the Namibian Ministry of Fisherie
Cargotec Delivers Four DRT450 Reachstackers to Major Freight Forwarder in Australia
Cargotec has delivered a total four Kalmar DRT450-type reachstackers to a major freight forwarder and logistics specialist in Australia. The logistics company will use the DRT450s for rugged heavy-duty handling at the Australian Maritime Complex (AMC) in Henderson, Western Australia. The order was p
PSA Inspects Use of Lifting Equipment on Valhall Field
During the period 7-9 May 2012, the Petroleum Safety Authority Norway (PSA) carried out an audit of use of lifting equipment on the BP-operated Valhall field, as well as working environment conditions on Valhall QP. The objective of the audit was to verify the company’s management of technical, oper
USA: Port of Oakland Awarded With USD 3.5 Million for Three New Projects
The Port of Oakland will receive $3,543,750 in Federal Port Security Grant funding to implement three new projects. The Fiscal Year 2012 grant allocations were recently released and, in a very competitive environment, the Port of Oakland was successful in all of its proposals. President of the Oakla
Russia: World’s Largest Nuclear-Powered Icebreaker to Be Built
Rosatomflot has announced an open tender for the construction of the world’s largest nuclear-powered icebreaker. The company plans to take delivery of the vessel by the end of 2017. The as-yet unnamed icebreaker – the first of the LK-60 model to be built – will be 173 metres long and 34 metres wide,
UK: Reef Subsea Wins Major Contract for Gwynt y Môr
Reef Subsea AS announced today that its subsidiary company, Reef Subsea Power & Umbilical Ltd. with offices in Stockton on Tees and Aberdeen, has been awarded a major contract with Gwynt y Môr Offshore Wind Farm Limited, worth approximately £40m. It will see Reef Subsea Power & Umbilical assist with