Business & Finance
USA: Lockheed Martin Selects Echoscope 3-D Imaging Sonar for Marlin AUV
The advanced patented Echoscope® 3-D imaging sonar, produced by Coda Octopus Group Inc., has been selected by Lockheed Martin for a new fleet of autonomous subsea inspection vehicles. Echoscope® provides the Marlin™ Autonomous Underwater Vehicle (AUV) with the unique sensory inputs that enable the c
Boskalis’ Associate Smit Lamnalco to Provide Terminal Services at PNG LNG
Royal Boskalis Westminster N.V. (Boskalis) announces that its associated company Smit Lamnalco has been awarded a 10-year contract with additional extension options by Esso Highland (a subsidiary of ExxonMobil) for providing terminal services at the Papua New Guinea liquefied natural gas (PNG LNG) e
Jamaica: Seafarers Need to Take Active Role in Battle Against Substandard Shipping
Seafarers need to take an active role in helping the international community to win the battle against substandard shipping. That’s the message from the Maritime Authority of Jamaica (MAJ) on the international Day of the Seafarer today (June 25). As the maritime industry celebrates the contribution
The Netherlands: FRISIA-Offshore and Offshore Wind Services Announce Cooperation Agreement
FRISIA-Offshore, located in Germany, and Offshore Wind Services BV from the Netherlands announced a cooperation agreement. The intention of FRISIA-Offshore and OWS is to invest together in new Crew Transfer Vessels through a joint venture in the coming months. This joint venture will serve as growth
HII’s Anchorage LPD 23 Passes Sea Trials with Flying Colors (USA)
Huntington Ingalls Industries announced yesterday the completion of another successful sea trial as the amphibious transport dock Anchorage (LPD 23) returned from a three-day testing voyage in the Gulf of Mexico. The company’s seventh ship in the LPD 17 class returned Friday following rigorous testi
Nautronix Supplies Upgraded NASDrill USBL for Songa’s Drilling Rigs (Malaysia)
Nautronix have been awarded orders to supply upgrades to NASDrill USBL Transponder digital acoustic positioning systems for two of Songa Drilling’s Semi-Submersible Drilling Rigs, the Songa Venus and Songa Mercur, both currently operating in Malaysia. The systems are due for delivery in June and Aug
KBR to Conduct Pre-FEED Studies for Höegh’s FLNG Projects in Israel and Australia
KBR has been selected as Höegh’s preferred engineer to execute pre-FEED studies for two of its projects off the coast of Israel and offshore Australia. “We are excited about providing the initial engineering work for an innovative LNG FPSO solution to support Höegh LNG’s already-developed concept” K
UK: Plexus Secures Wellhead Agreement for Relief Well Standby and Exploration Drilling
Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, has secured a three year agreement with a leading global oil and gas producer for relief well standby wellhead equipment. Plexus will pro
Catamaran ‘Vale Grand Sud’ Starts Operation in New Caledonia
A 41 metre high speed aluminium passenger catamaran, “Vale Grand Sud” has recently entered into operation for mining company Vale Nouvelle-Calédonie, marking the fourth Austal-built vessel to operate in New Caledonia. “Vale Grand Sud” was designed to provide new levels of speed and comfort to member
Exmar to Design Deepwater Production Platform for LLOG (USA)
EXMAR Offshore Company, Houston, Texas has entered into an agreement with LLOG Exploration Company L.L.C., Covington, Louisiana to design a new production semisubmersible hull for installation in the Gulf of Mexico in 2014. The design is based on EXMAR’s proprietary OPTI® series of hulls. This desig
BOURBON Fully Committed to Second International Day of the Seafarer (France)
BOURBON is fully committed to the International Maritime Organisation’s second International Day of the Seafarer. The day is to recognise how much the sea means to us and how much seafarers’ activities contribute directly or indirectly to our everyday lives. For the occasion, the IMO is asking every
Contango Apparent High Bidder for 6 Blocks in U.S. Gulf of Mexico
Contango Oil & Gas Company announced today that the Company’s wholly-owned subsidiary, Contango Operators, Inc., was the apparent high bidder on six lease blocks at the Central Gulf of Mexico Lease Sale 216/222 held on June 20, 2012. The Company bid a total of approximately $11 million on the follow
Lundin Gets USD 2.5 Billion Loan for E&P in Norway
Swedish exploration and production company Lundin Petroleum has entered into a fully committed 7-year senior secured revolving credit facility of USD 2.5 billion. This senior secured facility is revolving in order to adjust to Lundin Petroleum group financing needs. This facility will provide the ne
Damen Environmental Cutter Suction Dredger Commissioned in China
In Chongqing, China, a Damen Environmental Cutter Suction Dredger, type ECSD450 was commissioned. The dredger was built for Changjiang Chongqing Waterway Engineering Bureau for maintenance dredging on the Changjiang River. The standard dredger was customized to adapt to local circumstances. The dred