Business & Finance
Rickmers-Linie Calls Myanmar
With the lifting of trade sanctions, Rickmers-Linie is once again able to offer calls at Myanmar. Initially, the country’s main port, Yangon, will be served on inducement as part of the company’s Indian service and will cater for heavy lift cargo up to 800 tonnes in weight. The fleet of the Indian s
USA: Odyssey Increases Available Capital for 2012 Recovery Operations
Odyssey Marine Exploration, Inc., a leader in the field of deep-ocean exploration, announced that it has delivered an additional closing notice for the Second Tranche of the financing that was previously announced in November 2011. The Company and the investor have agreed to a Second Tranche amount
Seadrill Orders Sixth Drillship from Samsung Heavy (South Korea)
Seadrill continues to see strong demand for modern ultra-deepwater drilling rigs driven by high oil prices and large deep-water discoveries and increased development drilling. Specific interest, mainly from operators in West Africa and the Americas, demonstrate a trend towards higher day rates and l
Strong Demand for UDW Drillships Spurs Seadrill to Order One More from SHI (South Korea)
Seadrill continues to see strong demand for modern ultra-deepwater (UDW) drilling rigs driven by high oil prices and large deep-water discoveries and increased development drilling. Specific interest, mainly from operators in West Africa and the Americas, demonstrate a trend towards higher day rates
USA: NOAA Announces Final Management Plan for Flower Garden Banks Sanctuary
A new rule prohibiting killing, injuring, touching or disturbing whale sharks and rays is part of the final management plan… [mappress] Source: NOAA , April 30, 2012; Image: NOAA
Norway: Seadrill Gets LoA for Semi-Sub Rig. Backlog Now at USD 13.3 bln
Seadrill, a Norwegian-Bermudan offshore drilling company with worldwide operations, has received a letter of award for a new three year contract for a semi-submersible rig. The contract comes from a reputable oil company and the potential contract is for operations offshore West Africa. The contract
Alfons Hakans Salvage Team Refloats Phoenix J Grounded Off Rauma, Finland
On Wednesday 18 April 2012 Ro-Ro vessel Phoenix J ran aground outside of Rauma on her voyage from Rauma to Gävle. As a result the ship’s hull and fuel tanks were at risk of further damage. Alfons Håkans Salvage and Diving team arrived onboard at the same day and immediately began preparations for re
Australia: Wood Group Mustang Receives Contract for Ichthys CPF
Wood Group Mustang has been awarded the topsides detailed engineering and procurement support for the semi-submersible central processing facility (CPF) in the Ichthys field development. The contract was awarded by Samsung Heavy Industries Co. Ltd., the EPC contractor for the CPF. The project, locat
Austria: IDENTEC SOLUTIONS Secures NavisReady Certification for CTAS
IDENTEC SOLUTIONS, a global provider of real-time visibility and control solutions for improving safety, productivity and efficiency in ports and terminals, has become a NavisReady partner. This NavisReady certification means that IDENTEC SOLUTIONS’ CTAS terminal asset management system is now guara
USA: Wilton Engineering Highlights Recent Achievements at OTC 2012
Wilton Engineering Services Limited (WESL), the design, engineering and fabrication business, is to highlight its recent successes and capabilities at one of the world’s leading oil and gas events. Teesside-based Wilton Engineering Services Limited (WESL) is exhibiting at stand 2241/F UK sector at t
Wood Group Works on World’s Largest Semi-sub CPF (Australia)
Wood Group Mustang has been awarded the topsides detailed engineering and procurement support for the semi-submersible central processing facility (CPF) in the Ichthys field development. The contract was awarded by Samsung Heavy Industries Co. Ltd., the EPC contractor for the CPF. The project, locat
USA: OceanWorks Supports NAVSEA & ABS Certification of DSV Alvin Submersible
OceanWorks International has been awarded phases 1 and 2 of a 3 phase contract by Woods Hole Oceanographic Institution (WHOI) to assist with the re-certification of life support systems on the Deep Submergence Vehicle Alvin (DSV Alvin). Certification for manned diving operations will be provided und
Germany: PowerWind Files for Insolvency
PowerWind GmbH has filed for the opening of insolvency proceedings under debtor’s self-administration on 24 April 2012. New German insolvency law offers excellent options for sustainable restructuring. PowerWind GmbH has filed for the opening of insolvency proceedings under debtor´s self-administrat
Nord Stream Gas Flows Again after a Two-Week Shutdown
Nord Stream on Saturday completed the process of adapting the control system to integrate the two lines into a single automated twin-pipeline gas transport system. Following the two-week process that included adapting and testing the integrated control system for the twin pipelines, the required cer