Business & Finance
OGX: Waikiki Accumulation Commerical (Brazil)
OGX Petróleo e Gás Participações S.A. (“OGX”) , the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, announced yesterday that it had presented to the National Petroleum, Natural Gas and Biofuels Agency (ANP) a Declaration of Commerciality for t
USA: FMC Technologies Acquires Schilling Robotics
FMC Technologies, Inc. announced that it has completed the transaction to acquire the remaining 55% of the outstanding shares of Schilling Robotics LLC (“Schilling”). FMC had previously announced on January 3, 2012, its intention to purchase the remaining outstanding shares of Schilling and increase
Global Maritime Opens New Office in Germany
Global Maritime announced the opening of a new branch to their global network in Hamburg, Germany. Headed up by Country Manager Capt. Ekkehard Stade, the office in Ballindamm will serve alongside the 14 other offices in the GM Group, offering expertise in areas of Consultancy, Assurance, Design and
Scottish Renewables Responds to Trump Organization and CATS
Responding to evidence from The Trump Organization and Communities Against Turbines Scotland to the Economy, Energy and Tourism Committee, Niall Stuart, Chief Executive of Scottish Renewables said: “Tackling climate change and creating meaningful and sustainable jobs are the two key challenges for t
Russia: Launching for Eighth Diving Support Vessel of Project A160
ZNT Yard yesterday, on April 24th, conducted the launching ceremony for the eighth Diving Support Vessel of Project A160 (yard No. 809) named Vodoloaz Sazonov. The project is made by ZNT-yard together with “Agat Design Bureau” Ltd. The vessels of Project A160, funded through the federal target progr
Mermaid’s Subtech Unit Lands New Subsea Services Contracts in Qatar
Mermaid Maritime Public Company Limited announces that its business unit Subtech Qatar Diving and Marine Services LLC has recently been awarded three new contracts with new and existing clients. The first contract has already started and has an estimated value of USD 2.2 million. The second contract
USA: SEACOR Earns USD 36.5 mln in 1Q 2012
SEACOR Holdings Inc. today announced its results for the first quarter ended March 31, 2012. Net income attributable to SEACOR Holdings Inc. for the quarter ended March 31, 2012 was $36.5 million, or $1.75 per diluted share, including net income from discontinued operations of $19.4 million, or $0.9
Nexen Appoints New Board Chairman (Canada)
The Board of Directors of Nexen Inc. announced that Barry Jackson, a 37 year veteran of the oil and gas industry, has been appointed chair of the Board, effective at the conclusion of the Annual General Meeting of Shareholders at 11 am today. Mr. Jackson, who has served as a Nexen Board member since
USA: NTSB – Propulsion Failure in 2010 Ferry Accident
Andrew J. Barberi Lacked Warning Alarm Indicating Propulsion Loss in 2010 Accident. On May 8, 2010, the 310-foot-long passenger ferry Andrew J. Barberi lost propulsion control of one its two cycloidal propellers as the vessel approached St. George terminal, Staten Island, New York. The loss of propu
Afren’s Nunya Well Offshore Ghana Disappoints
Afren plc announces that the Nunya-1x (formerly named Cuda-2) exploration well in the Keta block offshore Ghana has encountered thick and high quality water bearing reservoirs. The objective of the Nunya-1x exploration well was to explore a large four-way dip closed Upper Cretaceous prospect in the
Russia: ZNT Yard Launches Eighth Diving Support Vessel of Project A160
ZNT Yard yesterday conducted the launching ceremony for the eighth Diving Support Vessel of Project A160 (yard No. 809) named Vodoloaz Sazonov. The project is made by ZNT-yard together with “Agat Design Bureau” Ltd. The vessels of Project A160, funded through the federal target program “Development
Subsea Cable Repair Ship ASEAN Explorer Arrives in Sri Lanka
After the recent announcement from telecom company Dhiraagu that ‘ASEAN Explorer’ ship is headed to Sri Lanka to conduct cable repair, company today announced its arrival in Sri Lankan waters. Engineers from Sri Lankan Telecom (SLT) and Dhiraagu are expected to board the ship tomorrow. The ship will
Norway: PSA Inspects Lundin’s Management of Brynhild Subsea Facilities
On 27 March 2012, the Petroleum Safety Authority Norway (PSA) carried out an audit of Lundin Norway AS’ management of the Brynhild field development project, connected to subsea facilities and pipelines. The Brynhild field is being developed with a subsea facility with four wells that will be connec
The Netherlands: APM Terminals Assigns Senior Executive as Safety Activist
APM Terminals takes an unusual organizational step to further improve its safety culture: The Hague-based global port and inland operator, often highlighted and awarded as safety leader in the industry, has decided to assign one of its most experienced and trusted executives as an internal Safety Ac