Business & Finance
Subsea UK Elects New Board Members
Subsea UK held its Annual General Meeting at the Gordon Highlander’s Museum in Aberdeen. 10 new board members were elected by member companies by ballot vote to represent the company and, by proxy, the subsea industry, going forward. The new appointments will add their individual skillsets and talen
Denmark: Maersk Drilling Gets Letter of Award for New Jack-up Rig
Maersk Drilling has received a Letter of Award from Total E&P Norge AS for one of the two ultra harsh environment jack-up rigs presently under construction in Singapore. The rig will be used for drilling the demanding and complex wells on the Hild field development in the Norwegian North Sea. The co
Australia: Incat Crowther Launches New Offshore Support Crew Boat
Incat Crowther announces the launch of a second 27.6m Wave Piercing Catamaran Crew Boat, Topaz Zephyr. Based on the innovative Topaz Zenith, launched in June, Topaz Zephyr has been optimized to provide 24-hour support to offshore oil and gas operations. The vessel differs from the earlier design by
The Netherlands: Dockwise Signs LoI to Sell its Yacht Transport Division
Dockwise Ltd has today announced it has signed a letter of intent to sell its wholly-owned subsidiary, Dockwise Yacht Transport (DYT) to Coby Enterprises Corp (“the buyers”), supported by private equity and with participation of the existing management of DYT. Closing of the transaction is condition
Australia: Incat Crowther Launches Topaz Zephyr Crew Boat
Incat Crowther announces the launch of a second 27.6m Wave Piercing Catamaran Crew Boat, Topaz Zephyr. Based on the innovative Topaz Zenith, launched in June, Topaz Zephyr has been optimized to provide 24-hour support to offshore oil and gas operations. The vessel differs from the earlier design by
Hydratight Finishes High Quality Work at Cruden Bay (UK)
A Combination of fast working, high-quality design and service won joint integrity specialist Hydratight a crucial commission at a major BP pumping station in Aberdeen. Hydratight was approached to design, build, test and install a custom-engineered 24in MORGRIP weldless connector in only 10 weeks.
UK: Awilco Drilling Secures Contract for WilHunter Rig
Awilco Drilling PLC confirmed last week that the contract with Endeavour Energy UK Ltd for the provision of WilHunter for their Rochelle development program is signed. The contract is expected to commence late Q1 2012. To remind, Awilco Drilling PLC had signed on October 5th a Letter of Intent (LOI)
UAE: DP World Welcomes British Transport Minister at Jebel Ali Port
HE Sultan Ahmed Bin Sulayem, Chairman, DP World, has welcomed visiting British Transport Minister, Mike Penning MP to DP World’s head office in Jebel Ali, Dubai. The two sides discussed DP World’s London Gateway project and the latest developments surrounding the new port and what is set to become E
New Zealand: WASSP Multibeam Sonar Helps in Rena Salvage
A WASSP Multibeam Sonar is being used by hydrographic surveyors at the grounding of the 236m-cargo vessel MV Rena on the Astrolabe Reef off the coast of New Zealand, to locate lost containers. Marine electronics manufacturer WASSP Ltd, a world leader in multibeam sonar technology has provided one of
Total to Hire New Jack-up Rig from Maersk for Operations in Norway
Maersk Drilling has received a Letter of Award from Total E&P Norge AS for one of the two ultra harsh environment jack-up rigs presently under construction in Singapore. The rig will be used for drilling the demanding and complex wells on the Hild field development in the Norwegian North Sea. The co
UAE: DP World Chairman Welcomes British Transport Minister to Jebel Ali Port
HE Sultan Ahmed Bin Sulayem, Chairman, DP World, has welcomed visiting British Transport Minister, Mike Penning MP to DP World’s head office in Jebel Ali, Dubai. The two sides discussed DP World’s London Gateway project and the latest developments surrounding the new port and what is set to become E
Australia: Carnegie to Announce Location of Wave Energy Project
Carnegie Wave Energy is gearing up to announce the location of its first commercial demonstration wave energy project within 90 days as the… (The West Australian) [mappress] Source: The West Australian,November 07 , 2011; Image: Carnegie
Petrobras Strikes Oil in U.S. Gulf of Mexico
Petrobras last week announced a new oil discovery in the extreme southwestern part of the Walker Ridge concession area, located in America’s Gulf of Mexico ultra-deep waters. The discovery confirms the Lower Tertiary’s potential in this area. The Logan discovery is approximately 400 km (250 miles) s
Posco Power, SK E&S to Enter Wind Power Project in South Korea
Posco Power Corp., SK E&S Co. and Korea District Heating Corp. will join a 20 trillion won wind- power project in Jeolla province, South Korea… (bloomberg) [mappress] Source: bloomberg, November 07, 2011;