Business & Finance
Mexico: Pemex Encounters ‘Active Petroleum System’
Pemex’s offshore exploration well Puskon-1, situated approximately 60 kilometers off the coast of the city of Tuxpan, Veracruz, Mexico, has encountered an “active petroleum system”. The Mexican state-owned petroleum company said that the well confirmed the presence of wet gas at a depth of 7.200 met
UK: Safer Port Environment Contributes to Reducing Costs
An exclusive market report by Trelleborg Marine Systems has shown that an overwhelming majority (81%) of port owners, operators and consultants surveyed believe that having a safer port environment directly contributes to reducing costs. Conversely, only 9% of those surveyed actually expect future p
Aubin Products Available in Brazil
Aubin, an independent supplier of specialist chemicals to the energy industry, has announced a strategic partnership with an agent in Brazil. The partnership agreement with Nortech, which covers the provision of pipeline gels and pig gels, will assist Aubin in accessing the Brazilian market whilst c
Italy: TAP Inspects Seabed Along the Future Pipeline Route
The Trans Adriatic Pipeline started a near-shore survey near San Foca, Lecce, in Italy on Tuesday, the 24th of January. The purpose of the survey is to collect samples of the soil on the Adriatic seabed along the future route of the natural gas pipeline, which plans to bring Caspian gas to southern
Italy: TAP Undertakes Seabed Survey on Trans Adriatic Pipeline Route
The Trans Adriatic Pipeline started a near-shore survey near San Foca, Lecce, in Italy on Tuesday, the 24th of January. The purpose of the survey is to collect samples of the soil on the Adriatic seabed along the future route of the natural gas pipeline, which plans to bring Caspian gas to southern
UK: Island Offshore Extends Contract for MV Island Champion
Island Offshore, announced that Team Marine (Chevron) has declared the first of five yearly options to use the MV Island Champion. The vessel has sailed with Team Marine since 2007. “Island Offshore look forward to another year with within the Team Marine PSV pool.” said the Company on its website T
Norway: Olympic Shipping Announces Delivery of MPSV Olympic Commander
OLYMPIC COMMANDER of the MT6015 design was delivered to its owners. Olympic Commander is a Multipurpose Offshore Vessel with diesel electric propulsion, low fuel consumption and high flexibility. The vessel represent a new generation of environmentally friendly and operational state of the art multi
UK: Team Marine Extends Contract for Island Offshore’s PSV
Island Offshore, a Norwegian shipping company that owns a modern fleet of advanced and high quality service vessels for the offshore oil industry, announced that Team Marine (Chevron) has declared the first of five yearly options to use the MV Island Champion. The vessel, built by Brevik Constructio
Keppel Corporation Announces Another Record Year (Singapore)
Keppel Corporation announces another record year. Their net profit grew by 14% to a new high of nearly $1.5 billion. This is the fifth year running that their net profit has surpassed the $1 billion mark. Also for the fifth consecutive year, their Return on Equity has remained above 20%. Economic Va
Keppel Corporation Announces Another Record Year (Singapore)
Keppel Corporation announces another record year. Their net profit grew by 14% to a new high of nearly $1.5 billion. This is the fifth year running that their net profit has surpassed the $1 billion mark. Also for the fifth consecutive year, their Return on Equity has remained above 20%. Economic Va
Denmark: Maersk Tankers Appoints New CEO
Ms Hanne B. Sørensen has been appointed new CEO of Maersk Tankers with effect from 13 February 2012. Hanne B. Sørensen has until now held the position as Chief Commercial Officer (CCO) of Maersk Line and replaces Søren Skou, who recently assumed the position as Maersk Line CEO. “Hanne B. Sørensen co
UK: Officials from Three Countries Put NATO Submarine Rescue System Through its Paces
Costing £130m and weighing 360 tonnes, the NATO Submarine Rescue System is one of the most sophisticated pieces of equipment in the world. For four days, 70 experts from three countries put it through its paces. The NATO Submarine Rescue System (NSRS) is stored and maintained in a giant purpose-buil
Aubin Announces Strategic Partnership in Brazil
Aubin, a leading independent supplier of specialist chemicals to the energy industry, has announced a strategic partnership with an agent in Brazil. The partnership agreement with Nortech, which covers the provision of pipeline gels and pig gels, will assist Aubin in accessing the Brazilian market w
USA: MWCC Receives Blue Heron Award
Yesterday, January 25, Marine Well Containment Company (MWCC) was recognized with the Blue Heron Award from the Louisiana Mid-Continent Oil and Gas Association (LMOGA) during the association’s annual meeting in New Orleans. Created in 1993, the award recognizes exceptional environmental stewardship