Business & Finance
UK: Seatronics Increases Rental Pool with Sonardyne 6G Technology
Market leading offshore equipment rental company, Seatronics, an Acteon Company has increased its commitment to Sonardyne’s sixth generation technology platform – 6G – with a major order for subsea acoustic positioning hardware. The equipment will be added to Seatronic’s equipment pool in Aberdeen f
USA: Eugene Island Drilling Progressing Well
The Ocean Columbia jack-up rig was recently successfully installed at the Eugene Island-184 platform on the 17 February 2012. Drilling operations commenced on the planned sidetrack of the A2 production well on 18 February. A window was successfully milled in the casing from 7,594 to 7,607 feet and t
Germany: Sanmar Delivers MT TORSTEN to Schramm Group
M/T TORSTEN is a powerful handy-sized multipurpose anchor-handling and assistance tug with a large flat deck area. Its main scope of service is providing assistance at any offshore and nearshore construction sites, as well as anchor-handling and aiding cable-laying vessels. Sanmar has been involved
The Netherlands: Van Oord on Right Track
Van Oord’s turnover in 2011 was EUR 1,715 million (2010 EUR 1,578 million) and was evenly attributable to activities performed by Van Oord’s divisions and areas. The net profit for 2011 amounted to EUR 118 million (2010: EUR 165 million, including an extraordinary tax gain of EUR 40 million). CEO Pi
France: BOURBON Reports Improvement in Performance and Results
“The market upturn in 2011 has resulted in early signs of an improvement in BOURBON’s performance and results,” Christian Lefèvre, Chief Executive Officer of BOURBON announced. “EBITDA was up 24.6% compared with the previous year. This market upturn is more apparent in the deepwater offshore segment
France: Bright Future Ahead for European Wind Market
European Wind Commission announced a report which says that the European wind market is currently stalled but a bright future lies ahead. “The European Union market is wavering between the flagging onshore market and the logistics, technology and industrial preparations for the huge, offshore wind e
France: Bright Future Ahead for European Wind Market
European Wind Commission announced a report which says that the European wind market is currently stalled but a bright future lies ahead. “The European Union market is wavering between the flagging onshore market and the logistics, technology and industrial preparations for the huge, offshore wind e
UK: Seaspeed Marine Tests Wind Farm Support Vessel Models for South Boats
A series of free-running models of fast wind-farm support vessel designs have recently been tested by Seaspeed Marine Consulting for South Boats in order to develop the most appropriate hull forms for their next generation of vessels. Models of different hull designs, instrumented for performance me
Romania: GSP Offshore Names New CEO
Grup Servicii Petroliere SA (GSP) – a rapidly emerging drilling, pipe lay and offshore construction company, announces the appointment of Stuart D Oakley as its new Chief Executive Officer to be based in Constanta in Romania. Mr. Fanel Hahui who previously held this position will now move into the n
Norway: Noreco Gets Clearance for Drilling in Barents Sea
The Norwegian Petroleum Directorate has awarded Norwegian Energy Company ASA (Noreco ASA) a drilling permit for well 7228/1-1, cf. Section 8 of the Resource Management Regulations. Well 7228/1-1 will be drilled from the Transocean Barents drilling facility in position 72 51` 0.89″ north and 28 18´ 5
USA: APM Terminals Dominates Safety Awards Again
For the fifth consecutive year APM Terminals Pier 400 Los Angeles was named winner of both the Category A Southern California Area Container Terminal Safety Award, and the Coast Award for the safest terminal on the Pacific Coast by the Pacific Maritime Association (PMA). The awards were announced at
USA: Exxon Mobil Reveals Massive 5-Year Investment Plan
Exxon Mobil Corporation plans to invest approximately $185 billion over the next five years to develop new supplies of energy to meet expected growth in demand, Chairman and CEO Rex W. Tillerson said today in a presentation at the New York Stock Exchange. “During challenging times for the global eco
China: Scaldis Orders Unique Crane Ship from STX
The shareholders of the Antwerp-based specialist in hoisting on the water Scaldis Salvage & Marine Contractors NV have ordered an extremely powerful, self-propelled DPI crane ship from Korean shipbuilders STX Offshore & Shipbuilding. The vessel will be built in STX’s shipyard in Dalian and finished
China: Scaldis Orders Self-Propelled Crane Vessel
The shareholders of the Antwerp-based specialist in hoisting on the water Scaldis Salvage & Marine Contractors NV have ordered an extremely powerful, self-propelled DP2 crane ship from Korean shipbuilders STX Offshore & Shipbuilding. The vessel will be built in STX’s shipyard in Dalian and finished