Business & Finance
China: Winland Ocean Shipping Puts New Bilk Carrier Into Service
Winland Ocean Shipping Corp., a global shipping Company, announced today that the company’s second new 57,000 DWT bulk carrier vessel (“Rui Lee”) was successfully placed in service for several voyages followed the first one “Fon Tai” which was placed in operation earlier this year. Adding two vessel
USA: Aegion Wins Pipe Coating Contract for Shell Mars B Deep Water Development
Aegion Corporation announced that its subsidiary, The Bayou Companies, LLC, has been awarded a contract to coat approximately 80 miles of 16-inch and 18-inch diameter oil and gas pipelines for the Shell Mars B deep water development. In January 2012, Bayou will begin inner-diameter coating, outer-di
Acta Marine, Almatug Move Coastal Assistant Vessel to West Africa
Acta Marine B.V. and Almatug Ltd are expanding their partnership in West Africa by strategically relocating the multicat “Coastal Assistant” to this area. The vessel will be marketed and operated under joint management of the partners. The companies have been partnering with each other for many year
Norway: Intentium AS Launches Open Wave Energy Project
This month Norwegian wave energy developer, Intentium AS launches open wave energy project – owep. This is meant to be a hub where developers, decision makers, suppliers and students, can publish their own project or request for involvement. This will typically be a project for a complete ocean ener
OGX, OSX Expect Waimea Production Start in January 2012
OGX, the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, and OSX, a private Brazilian corporation that provides equipment and services to the offshore oil and natural gas industry via integrated operations in naval construction, chartering of
Acta Marine and Almatug Expand Their Partnership in West Africa
Acta Marine B.V. and Almatug Ltd are expanding their partnership in West Africa by strategically relocating the multicat “Coastal Assistant” to this area. The vessel will be marketed and operated under joint management of the partners. The companies have been partnering with each other for many year
Acta Marine, Almatug Relocat Multicat ‘Coastal Assistant’ in West Africa
Acta Marine B.V. and Almatug Ltd are expanding their partnership in West Africa by strategically relocating the multicat “Coastal Assistant” to this area. The vessel will be marketed and operated under joint management of the partners. The companies have been partnering with each other for many year
Norway: Statoil Increases Recovery Through Light Well Intervention
Statoil is cutting the costs of increased recovery from fields in operation by hiring in light well intervention vessels. As of December Statoil has three light well intervention vessels in operation. Statoil awarded Island Offshore a framework agreement earlier this year for light well intervention
New Zealand: Subsea Mineral Mining Drives Plans for Cook Islands’ Marine Park
Prime Minister of Cook Islands, Henry Puna will introduce his plan to change half of the Pacific island state and its seas into the biggest marine park in the world, in August 2012. According to the IUCN, the park will cover around 2.5 pct of the whole Pacific Ocean. „We want it to be […]
Japan: MOL’s LNG Carrier Receives Green Award Certificate
Mitsui O.S.K. Lines, Ltd. (MOL) today announced that the MOL-managed LNG carrier Al Zubarah and its ship management company MOL LNG Transport Co., Ltd., received a Green Award Certificate from the independent non-profit Green Award Foundation based in Rotterdam on December 13. The certificate, based
Eaton Wins Contract to Support Panama Canal Expansion Program
Diversified industrial manufacturer Eaton Corporation has been awarded a three-year, $27 million contract to provide the equipment design, electrical assemblies and engineering services for the distribution and control of electrical power across the Atlantic and Pacific sites of the expanded Panama
USA: Companies Involved in Offshore Drilling Should Take ‘System Safety’ Approach, Says NAE
To reduce the risk of another accident as catastrophic as the Deepwater Horizon explosion and oil spill, a new report from the National Academy of Engineering and National Research Council says, companies involved in offshore drilling should take a “system safety” approach to anticipating and managi
Chevron Hires Transocean’s New Jack-up for Drilling in Angola
California based oil major Chevron has awarded Transocean Honor jack-up rig a three year contract in Angola on a dayrate of $149,000, excluding escalation. The world’s largest drilling contractor said in its Fleet Status Report that the operations are expected to commence during the first quarter of
UK: IMarEST Adopts Revised ‘Code for Environmental Management of Marine Mining’
Marine mining, featured on the Institute of Marine Engineering, Science and Technology’s (IMarEST) Technical Activities Hot Topics Register, has added an important sustainability credential with the adoption of the revised ‘Code for the Environmental Management of Marine Mining’ by the International