Business & Finance
UK’s Harris Pye Takes Over Three Major Rig Renovations Project
Global maritime and offshore oil & gas engineering company Harris Pye is making significant gains in the Offshore oil & gas market, according to Group Managing Director Mark Prendergast. Prendergast stated today: ‘I can confirm that we are currently undertaking three major rig renovations simultaneo
CSSC-MES Diesel Holds Signing Ceremony for First Chinese-Built G-Type Engine
At a recent ceremony in China, CMD (CSSC-MES Diesel Co., Ltd.) held the official signing of the contract to construct the first Chinese-built MAN B&W design Green Series 7G80ME-C9.2 engine. Due for delivery in June 2013, the engine is bound for a 319,000-dwt, ABS class VLCC (Very Large Crude Carrier
Naming Ceremony for Biggest Brazil-built AHTS
DOF Group has named on April 19th, the biggest anchor handling tug vessel (AHT) ever built in Brazil, the Skandi Iguaçu. The vessel has over 32,000 BHP installed and bollard pull of more than 300 tons. The vessel will be ready for delivery to Petrobras three to five months in advance of contract req
Keppel Sells its Norwegian Arm
Keppel Corporation Limited (KCL) has today entered into a share purchase agreement (“SPA”) for the sale of 8,750,000 shares , representing 100% of the share capital of Keppel Norway AS (“Keppel Norway”), KCL’s indirect wholly-owned subsidiary, at a consideration of approximately NOK0.137 per Share t
DOF Group Holds Naming Ceremony for Biggest AHT Vessel Built in Brazil
DOF Group has named on April 19th, the biggest anchor handling tug vessel (AHT) ever built in Brazil, the Skandi Iguaçu. The vessel has over 32,000 BHP installed and bollard pull of more than 300 tons. The vessel will be ready for delivery to Petrobras three to five months in advance of contract req
Elgin Incident: Gas Leak Rate Decreases
French oil and gas company Total today announced that the two technical solutions to stop the gas leak on well G4 of the Elgin platform are progressing according to plan. As announced, drilling of the G4 relief well (G4-K1) commenced while in parallel experts continued with key tasks in preparation
Greece: StealthGas Announces Charter Arrangements for Ten Vessels
STEALTHGAS INC. GASS, a ship-owning company serving primarily the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today an update on its chartering arrangements. Chartering Update The company has concluded the following chartering arrangements: A four year time
Total: Plans on Stopping Elgin Gas Leak Progressing (UK)
The two technical solutions to stop the gas leak on well G4 of the Elgin platform are progressing according to plan. As announced, drilling of the G4 relief well (G4-K1) commenced while in parallel experts continued with key tasks in preparation for the well control operation to stop the leak on the
Fairstar’s FORTE Successfully Completes Sea-trials (China)
Fairstar Heavy Transport N.V. (FAIR) announces today that its’ newbuild vessel FORTE has completed sea-trials in China. The sea-trials finished with a successful submerging test. The new build 50,000 DWT semi-submersible vessel began its sea trials off the coast of China on April 10, under the super
China: Semi-Submersible Heavy Transport Vessel FORTE Completes Sea Trials
Fairstar Heavy Transport N.V. (FAIR) announces today that its newbuild Semi-Submersible Heavy Transport Vessel FORTE has successfully completed sea-trials in China. The sea-trials, that has been performed under the supervision of Det Norske Veritas (DNV), finished with a successful submerging test.
UK’s Harris Pye to Complete Three Rig Renovations by May End
Global maritime and offshore oil & gas engineering company Harris Pye is making significant gains in the Offshore oil & gas market, according to Group Managing Director Mark Prendergast. Prendergast stated today: ‘I can confirm that we are currently undertaking three major rig renovations simultaneo
UK: Crown Estate to Offer Wave and Tidal Leases
The rapid development of renewable energy capacity is central to the delivery of the EU’s target of a 20 % renewable energy contribution by 2020. Wave and tidal energy is expected to provide a share of the UK’s renewable electricity by this date. As part of this, The Crown Estate is offering interes
Poland: Remontowa Launches Multipurpose Platform Supply Vessel
REMONTOWA Shipbuilding today, on April 20th 2012, held the launching ceremony for multipurpose Platform Supply Vessel. The vessel which has been launched is built for an American Owner from Louisiana, who operates a growing fleet of over 200 vessels serving an expanding global customer base. Constru
Schlumberger Benefits from Deepwater Activity (France)
Schlumberger Limited today reported first-quarter 2012 revenue of $10.61 billion versus $10.97 billion in the fourth quarter of 2011, and $8.72 billion in the first quarter of 2011. Net income attributable to Schlumberger, excluding charges and credits, was $1.31 billion—a decrease of 12% sequential