Business & Finance
USA: Quantum Forms Renaissance. Buys Offshore Field
Quantum Energy Partners , has announced the formation of Renaissance Offshore (“Renaissance”) with offshore industry veteran Jeffrey Soine. Supported by a $300 million equity commitment from Quantum, Renaissance will primarily engage in acquiring and redeveloping legacy oil producing properties in t
China: CIC Changxing Shipyard Repairs MV Hai Yang Shi You 720
MV Hai Yang Shi You 720 is the first large deep-water seismic geophysical exploration vessel which is owned by COSL. As the first ship of the latest generation of 3D seismic geophysical exploration ships in Asia, she is the first one which was designed and built by Chinese enterprises, meeting the s
UK: MMS Unveils Design for New Offshore Transfer Vessels
A HULL shipyard is to build and operate a fleet of vessels to serve giant offshore wind farms planned for the North Sea. MMS Ship Repair will both construct and run the boats, which will transfer technicians and equipment to the wind turbines. Capable of carrying 12 passengers, the vessels would be
USA: Center for Offshore Safety to Certify Drilling Contractors
The industry-led Center for Offshore Safety is working to extend to drilling contractors its safety audit function for U.S. deepwater operators, the organization’s chairman, Charlie Williams, said Tuesday at a Platts Energy Podium. The center, which has contractors such as Transocean, Halliburton an
USA: Diamond Shipping Joins Gemini Tankers Suezmax Pool
Teekay Corporation and Konig & Cie announces that Diamond S Shipping Group has joined the Gemini Tankers Suezmax Pool as a full member. The Gemini fleet currently has 17 modern Suezmax vessels. This is expected to grow to 26 vessels by the end of 2012 as vessels redeliver from time-charters and Diam
UK: Seatronics Becomes Largest Purchaser of RESON Multibeam Sonars
Seatronics, an Acteon company, now owns the most RESON SeaBat® multibeam echo sounder systems in the world. As part of an ongoing commitment to providing a market-leading range of rental equipment, the multimillion dollar investment will offer Seatronics’ clients the latest SeaBat 8125-H and SeaBat
Germany: Voith, SCHRAMM to Develop Special Vessels
In the future, operators of offshore wind farms will have one point of contact for all technical and service issues: Voith and the SCHRAMM group will pool their vessel design expertise and will jointly develop special vessels for the transfer of staff and material to wind farms in the North and Balt
Buccaneer Gets Approval for Exploration in Cook Inlet, Alaska
Buccaneer Energy Limited announced that two key permits have been granted for oil and gas exploration operations at the Southern Cross and Northwest Cook Inlet Units located offshore in the Cook Inlet, Alaska. The Alaskan Department of Natural Resources (DNR), Division of Oil and Gas, has approved t
Ireland: Providence Provides Update on its Drilling Programme in North Celtic Sea Basin
Providence Resources P.l.c., the London (AIM) and Dublin (ESM) quoted oil and gas exploration and production company, provides a further market update on its ongoing drilling programme in the North Celtic Sea Basin, offshore southern Ireland. The 48/24-10z Barryroe appraisal well is located in c. 10
Indian Navy’s New Talwar Class Frigate Finishes Sea Trials
Russia’s Yantar shipyard, last week , successfully finished trials for Indian Navy new Talwar class frigate. Previously, Russia completed frigates INS Talwar, INS Trishul, and INS Tabar. The $1.6-bln contract for second 3-ship batch for Indian Navy was signed on July 14, 2007 in Delhi. Remaining two
The Netherlands: Stork Technical Services Charters MPSV Adams Vision
The 4500 dwt DPII MPSV Adams Vision has been chartererd for a period of 15 months by Stork Technical Services who recently rebranded from RBG Limited. The vessel, currently on bareboat charter to Bahrain based Adams Offshore Limited, had until recently been working in the US Gulf and was mobilized f
Singapore: Greatship Takes Delivery of New AHTS Vessel from Drydocks
Greatship Global Offshore Services Pte. Ltd. (GGOS), a Singapore incorporated subsidiary of Greatship (India) Limited (GIL), which is a subsidiary of The Great Eastern Shipping Company Limited has taken delivery of GREATSHIP VIMLA, a 150T Anchor Handling Tug cum Supply Vessel, from Drydocks World-Si
Australia: BAM Clough JV Wins Wheatstone Project Contract
The BAM Clough joint venture has been awarded a contract by international oil and gas service company Bechtel for the design and construction of the Chevron-operated Wheatstone LNG product loading facility and tug berths near Onslow, Western Australia. The contract is valued at approximately €325 mi
Pacific Fleet Task Unit Escorts Fourth Convoy Through Gulf of Aden
Pacific Fleet (PF) task unit headed by Capt 1 rank Ildar Akhmerov and comprising large ASW ship Admiral Tributs, tanker Pechenga, and seagoing tug MB-37 started escorting of the fourth commercial convoy within the framework of anti-piracy mission in the Gulf of Aden, PF spokesman Capt 1 rank Roman M