Business & Finance
Malaysia: Shin Yang Shipping to Build Two PSVs for Belait
According to Seatrade Asia, Malaysia-based Shin Yang Shipping Corporation secured a contract worth USD 52.6m from Belait Shipping to build two diesel-electric platform supply vessels (PSVs). The DP2 vessels are scheduled to be delivered from Shin Yang Shipyard to the owner by the fourth quarter of 2
Gazprom, Shell Discuss Russia’s Sakhalin II Project at World Gas Conference
Kuala Lumpur (Malaysia) hosted a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Peter Voser, Chief Executive Officer of Royal Dutch Shell within the 25th World Gas Conference. The parties discussed bilateral cooperation in the energy sector. Alexey Miller and
Belgium: Aquamarine Power’s Oyster Device Wins European Environment Award
Marks & Spencer and Aquamarine Power have both won the 2012 European Business Awards for the Environment (EBAE). They were victorious over 156 other entrants from across the 24 European Member States. M&S won the Management Award which goes to companies with outstanding strategic vision and manageme
Vietnam: Hyundai Vinashin Shipyard Lays Keel of 37,000 DWT Bulk Carrier
On 04th June 2012, the Keel Laying Ceremony for Hull No. S071 was held at Hyundai – Vinashin Shipyard’s dry Dock No. 2 with the attendance of representative of the ship owner, Classification Society (ABS) and the Shipyard. S071 is the first of the six 37,000 DWT Bulk Carrier vessels ordered by Densa
Braemar Howells and Braemar Launch New Salvage Support Operation (UK)
Incident response and environmental clean-up specialist Braemar Howells and its sister company Braemar (Incorporating The Salvage Association) are to work together to provide a 24-hour global response capability to the world’s shipping and marine insurance sectors. In what is being seen as a key dev
UK: Schlumberger Launches IsoMetrix Marine Seismic Technology
Schlumberger announces the launch of IsoMetrix marine isometric seismic technology and the IsoMetrix family of marine seismic products. This breakthrough technology outputs isometrically sampled point-receiver data in both crossline and inline directions—capturing the returning wavefield in three di
Sakhalin II Running Smoothly, Shell and Gazprom Say (Russia)
Kuala Lumpur (Malaysia) hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Peter Voser, Chief Executive Officer of Royal Dutch Shell within the 25th World Gas Conference. The parties discussed bilateral cooperation in the energy sector. Alexey Mill
USA: Oceaneering Appoints New Vice President, Corporate Development
Oceaneering International, Inc. announced that Mark E. Peterson has joined Oceaneering as Vice President, Corporate Development. Mr. Peterson’s career spans 35 years in the energy industry, since 2005 with McDermott International, Inc. where he was most recently responsible for McDermott’s corporate
Norway: Eidesvik Orders Large Subsea Vessel from Kleven
Eidesvik has entered into a contract with Kleven Maritime for building of a large subsea vessel with delivery Q2 2014. The contract has a value of above 1 billion NOK and is the largest single investment in the company’s history. The vessel has a length of 145 m and a beam of 31 m. It […]
Christening of Kyokuyo’s RORO Carrier S500 Held at Rotterdam, The Netherlands
On May 10, 2012, the christening ceremony for Kyokuyo‘s RORO carrier S500 was held at Rotterdam, the Netherlands. Mr. Katsuhiko Ochi, president of Kyokuyo Shipyard, was invited to attend the event by CLdN, which actually controls the ship as well as her sisters. Rotterdam was chosen because the vess
ConocoPhillips Reports Small Oil Leak at Penglai Offshore Field (China)
China’s CNOOC Limited announced yesterday that the Company had received a report from ConocoPhillips China Inc. (“COPC”), the Operator of Penglai 19-3 oilfield, stating that a small amount of oil leaked to the sea when the safety device of a hose coupling automatically parted due to the abnormality
Eidesvik Orders Large Subsea Vessel from Kleven (Norway)
Eidesvik has today entered into a contract with Kleven Maritime for building of a large subsea vessel with delivery Q2 2014. The contract has a value of above 1 billion NOK (USD 165 million) and is the largest single investment in the company’s history. The vessel has a length of 145 m and a beam [&
Norway: Eidesvik Orders Large Subsea Vessel from Kleven Maritime
Eidesvik has today entered into a contract with Kleven Maritime for building of a large subsea vessel with delivery Q2 2014. The contract has a value of above 1 billion NOK and is the largest single investment in the company’s history. The vessel has a length of 145 m and a beam of 31 m. […]
China: CNOOC Orders Subsea Production Systems from Cameron
Cameron has signed an agreement with CNOOC for the supply of subsea production systems in support of the “Panyu 35-1/2” deepwater gas field developments in the South China Sea. The contract is valued at approximately $100 million and the scope of supply includes six subsea production trees, producti