Business & Finance
Rowan Orders USD 600 Million Drillship from HHI, South Korea
Rowan announced today that it has exercised its option to build a third GustoMSC P10000 design ultra-deepwater drillship with Hyundai Heavy Industries Co., Ltd. (“HHI”) with delivery scheduled for the fourth quarter of 2014. The cost for this rig, including commissioning, project management and spar
USA: Eagle Bulk Shipping Takes Delivery of New Supramax Vessel
Eagle Bulk Shipping Inc. today announced that it has taken delivery of the Sandpiper, a 58,000 dwt newbuilding Supramax. This delivery marks the successful completion of the Company’s 27-vessel Supramax newbuilding program. Eagle Bulk’s fleet now totals 45 vessels with an average age of 4.4 years. T
The Netherlands: Damen Shipyards Launches DAMEN.NL
As of November 1st, the new Damen website, www.damen.nl, has officially gone live. The site has been structured according to Damen’s 10 Product-Market Combinations and navigation has been designed to be fast, simple and user-friendly. The new website aims to personalize content, enable infosharing a
UK: Hurricane’s Whirlwind Testing Confirms Light Oil/Condensate Presence
Hurricane Exploration plc (“Hurricane”), an oil exploration company focused on hydrocarbon resources in fractured basement reservoirs, announces that it has completed testing operations on the Whirlwind exploration well (205/21a-5) offshore UK, West of Shetland. The well is being suspended for futur
Flanders Port Training Center to Train Professionals in Chinese Maritime World
Flanders Port Training Center, the training subsidiary of Antwerp Port Authority, has signed an agreement in Chongqing (China) to train professionals in the Chinese maritime world. The agreement was made with Chongqing International Freight Forwarders Association (CQIFA) and runs for a period of fiv
USA: GLDD Reports Third Quarter Results
Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States and a major provider of commercial and industrial demolition and remediation services, today reported financial results for the quarter and nine months ended September 30, 2011. Commentary Chief Exe
AVEVA Sponsoring OT Summit in Abu Dhabi, UAE
AVEVA, a leader in engineering design and information management solutions for the plant, power and marine industries, today announced that it is sponsoring and presenting at the 5th Oil, Gas & Industrial ICT Summit (OT Summit) in 28-29 November, 2011, in Abu Dhabi, UAE. Mohamad Awad, Business Devel
Norway: DOF Subsea Inks Contract with DONG for Skandi Constructor
DOF Subsea, a subsidiary of DOF ASA, has signed a contract with DONG for Skandi Constructor. The contract will commence 1st November and has a firm duration of 3 months. DONG can extend the contract with additional 2 months. DOF was founded in 1981 and is today an international group of companies wh
Qatar: Barzan Gas Project Estimated Cost Hits USD 10.3 Billion
Qatar’s Barzan gas project to supply its booming domestic demand is now expected to cost $10.3 billion, Qatari energy minister Mohammed al-S… Source: Reuters [mappress] Source: Reuters, November 1, 2011
Singapore: COSCO Nantong Delivers Installation Vessel
The Board of Directors of COSCO Corporation (Singapore) Limited announced that COSCO (Nantong) Shipyard Co., Ltd, a subsidiary of the Company’s 51% owned COSCO Shipyard Group Co., Ltd, has delivered another windmill turbine installation vessel (WTIV) “MPI DISCOVERY” to its European buyer. The “MPI D
UK: HB Rentals Wins North Sea Offshore Accommodation Contract
Global offshore accommodation specialist HB Rentals has been awarded a contract worth approximately half a million pounds to supply two salvage barges with offshore accommodation and accessories in the North Sea. HB Rentals will provide a salvage vessel with a full rental package including eight 3ft
Norway: DONG Hires Skandi Constructor from DOF Subsea
DOF Subsea, a subsidiary of DOF ASA, has signed a contract with DONG for Skandi Constructor. The contract will commence 1st November and has a firm duration of 3 months. DONG can extend the contract with additional 2 months. DOF was founded in 1981 and is today an international group of companies wh
East Yorkshire Gets GBP 25 Million for Renewable Energy Job Training (UK)
MILLIONS of pounds have been awarded to train East Yorkshire’s renewables workers of the future. The Government is giving £25 million to the region in a move that could eventually generate several thousand jobs in the offshore windfarm industry. The cash has been awarded as part of a joint bid by Hu
East Yorkshire Gets GBP 25 Million for Renewable Energy Job Training (UK)
MILLIONS of pounds have been awarded to train East Yorkshire’s renewables workers of the future. The Government is giving £25 million to the region in a move that could eventually generate several thousand jobs in the offshore windfarm industry. The cash has been awarded as part of a joint bid by Hu