Business & Finance
Jiaolong Begins Fourth Dive in Mariana Trench
On June 24, the Jiaolong, China’s deep-sea manned submersible, has begun its fourth dive in the Mariana Trench, Pacific Ocean, Xinhuanet.com reports. After it reached a depth of 6,962 meters on Friday during its third dive, the submersible is set to hit its ultimate goal of 7,000 meters below sea le
Sustainia100 Launched at Rio+20 (Brazil)
Sustainability legend Gro Harlem Brundtland, EU Commissioner for Climate Action Connie Hedegaard, Dr. Rajendra Pachauri, Chairman UN’s Intergovernmental Panel on Climate Change and 150 VIP guests celebrated the first concrete outcome at Rio+20: the launch of Sustainia100. Sustainia100 is a guide to
Russia: Nevsky Shipyard Launches New Multipurpose Salvage Vessel
On June 22nd 2012, the launching ceremony of the third vessel, in a series of multipurpose salvage vessels, SPASATEL ZABORSHCHIKOV yard number 703, capacity 4 МW, project MPSV07 took place at Nevsky Shipyard slipway. The construction of the vessels of the series is carried out in accordance with the
Topaz Wins Ferry Contract for Sharjah Government (UAE)
Renaissance subsidiary, Topaz Marine Engineering, a UAE-based full service ship building, ship repair and engineering services company, confirms it has been commissioned by the Government of Sharjah’s Royal Court (Al Diwan Al Amiri) to build and deliver one Catamaran passenger ferry boat. With a foc
Rialto to Start Drill Stem Test on Gazelle (Ivory Coast)
Rialto Energy Limited, an oil and gas exploration and production company, reports an update on the Gazelle-P3 ST2 well. As previously announced, the Gazelle-P3 ST2 well encountered the expected oil and gas bearing Upper Cenomanian reservoirs and will now be drill stem tested. Testing operations are
Eaton Supplies Synflex HRC for Subsea Trees (Brazil)
Diversified industrial manufacturer Eaton Corporation announced on Friday that it is supporting exploration and development of pre-salt wells in Brazil by providing Synflex® High Crush Resistant (HCR) high-pressure hose for subsea trees produced by leading oil and gas equipment manufacturers. The Sy
Brazil: IMO Reaffirms Its Commitment to Sustainable Maritime Development
The International Maritime Organization (IMO) has reaffirmed its commitment to supporting sustainable maritime development, during a side-event organized by IMO on 20 June at the Rio+20 United Nations Conference on Sustainable Development, in Rio de Janeiro, Brazil. Presenting his vision at the pane
BP Officially Joins Serica in Luderitz Basin Offshore Namibia
The Minister of Mines and Energy in Namibia has consented to the assignment by Serica of a 30% interest in Serica’s Luderitz Basin Licence 0047 to Exploration (Luderitz Basin) Limited, a wholly owned subsidiary of BP, and the novated Licence has been approved by the Ministry. The assignment results
Maritime Craft Services’ MSC Sirocco Goes Straight into Service in Belgium
Scottish maritime services company has taken delivery of a new offshore wind farm support vessel, further demonstrating its intent to be a major player in the burgeoning worldwide renewables sector And today Maritime Craft Services’ MSC Sirocco goes straight into service, working on the Thornton Ban
Russia: Nevsky Shipyard Launches Multipurpose Salvage Vessel SPASATEL ZABORSHCHIKOV
Recently the launching ceremony of the third in a series multipurpose salvage vessel “SPASATEL ZABORSHCHIKOV” yard number 703, capacity 4 МW, project MPSV07 took place at Nevsky Shipyard slipway. The construction of the vessels of the series is carried out in accordance with the State Shipbuilding C
KOTUG Secures Towage Contract for Germany’s New Container Terminal
International Maritime Service Provider KOTUG was awarded a 6 years towage concession for Germany’s new deep sea Container Terminal Wilhelmshaven (CTW). In the European Tender bidding process to render Towage services at CTW, KOTUG could persuade JadeWeserPort Realisierungsgesellschaft (the owners o
UK: ROVOP Wins Top Industry Award at Grampian Awards
Fast-growing energy company ROVOP has won a top industry accolade after being named Promising New Business at 2012 Grampian Awards for Business Enterprise awards ceremony on Thursday, June 21. Within just a year of its inception, ROVOP has successfully carved out a niche for itself as an independent
EnQuest Hires Technip for Alma and Galia Development (UK)
France-based international oilfield services provider Technip has been awarded by EnQuest Britain Limited a contract for the development of the Alma and Galia fields in UK North Sea. The fields are situated approximately 310 kilometers Southeast of Aberdeen, United Kingdom. The Alma and Galia fields
Seaborn Networks Secures Second Financing Round for US-Brazil Subsea Cable
Seaborn Networks, the developer and operator of the first direct submarine cable between the United States and Sao Paulo, Brazil, announced that it has secured its second round of financing. This investment will enable Seaborn Networks to expand its sales and marketing efforts, hire additional headc