GE Oil & Gas subsea systems and services have been selected by Ithaca Energy (UK) Ltd. for the Stella oil and gas field development project in the Central North Sea, GE reported today at Offshore Europe 2011. Under a contract of $17 million, GE will supply an integrated package of “S” Series shallow
It has recently been reported that planning permissions which result in approvals for wind farms have dropped 50%. Meg Hillier is Shadow Secretary of State for Energy and Climate Change and has responded to the report stating: “The poor success rate in wind farms receiving planning permission is dis
Cameron today that it has renewed an agreement with Petrobras for the supply of aftermarket services and support for their developments offshore Brazil. This agreement is a continuation to the CAMSERV™ aftermarket services contract previously signed in 2007 and is expected to generate more than $150
Chevron Corporation announced a new oil discovery at the Moccasin prospect in the deepwater U.S. Gulf of Mexico. The Keathley Canyon Block 736 Well No. 1 encountered more than 380 feet of net pay in the Lower Tertiary Wilcox Sands. The well is located approximately 216 miles off the Louisiana coast
Eagle Bulk Shipping Inc. yesterday announced that it has taken delivery of two additional Supramax newbuildings, Puffin and Roadrunner, bringing Eagle Bulk’s total on the water fleet to 44 vessels. The Puffin and the Roadrunner are 58,000 dwt Supramax dry bulk vessels. Upon commencement of their con
GE Oil & Gas subsea systems and services have been selected by Ithaca Energy (UK) Ltd. for the Stella oil and gas field development project in the Central North Sea, GE reported at Offshore Europe 2011. Under a contract of $17 million, GE will supply an integrated package of “S” Series shallow water
Pierce County citizens and Port of Tacoma business partners and customers are encouraged to take part in an online survey by Sept. 16 to provide input toward the Port’s strategic planning and brand identity. The Port, a key catalyst for the local and state economy, is developing a strategic plan to
Mr. Juha Heikinheimo (54) has been appointed to the position of President of Napa Group (Napa Ltd), a world leading provider of software solutions for the maritime industry. The appointment takes effect on September 1, 2011. Mr Heikinheimo assumes the position from Matti Salo, who successfully serve
Deepwater drilling and performance improvement specialist Exceed is exhibiting for the first time at Offshore Europe’s Deepwater Zone (Stand 6C27) following a record year for the business. The Aberdeen-based company surpassed targets to turn over £5.2million ($8.5million) in 2010/11 and has taken on
Nautilus Minerals Inc has granted 900,000 options and issued 200,000 loan shares to non-executive directors as their full remuneration for 2011. The options and loan shares were granted under the Company’s Stock Option Plan and Share Loan Plan which were approved by shareholders and limit the total
Leading international oilfield service company Expro will be showcasing a range of its latest technologies, which enable it to offer the complete package of solutions across the entire well lifecycle, at the Offshore Europe conference and exhibition in Aberdeen, September 6 – 8. Deepwater developmen
Leading international oilfield service company Expro will be showcasing a range of its latest technologies, which enable it to offer the complete package of solutions across the entire well lifecycle, at the Offshore Europe conference and exhibition in Aberdeen, September 6 – 8. Deepwater developmen
Atlantic Bulk Carriers Management Ltd. (ABCML), a Marshall Islands Company with offices in Piraeus, Greece, took delivery of its new Bulk Carrier built by South Korean Shipyard. Senior Masters of Atlantic Bulk Carriers Management Ltd, Captain Athanasios Aretoulis along with Chief Engineer Mr. Theofi
DeepFlex, Inc., the world’s only manufacturer of premium all-composite flexible pipe used in challenging subsea oil and gas production environments, announced today that it has closed a significant funding agreement and completed a recapitalization to simplify its capital structure. AEM Capital of R
