Reliance Industries Limited (RIL) and BP announced the completion of BP’s acquisition of a 30 per cent stake in 21 oil and gas production sharing contracts (PSCs) that Reliance operates in India, including the producing KG D6 block. This significant step will commence the planned alliance which will
Chevron Australia Pty Ltd today welcomed environmental approval of the Chevron-operated Wheatstone Project by the Western Australian Minister for the Environment, The Honourable Bill Marmion, MLA. Roy Krzywosinski, managing director, Chevron Australia, said, “We welcome State Government environmenta
Through its Brazilian subsidiary, Norskan Offshore, DOF has signed a contract with Petrobras for Skandi Botafogo. The contract will commence in third quarter 2011 and has a firm duration of 2 years. Skandi Botafogo is an AHTS of UT 722 L design built in Brazil in 2006. Anchor Handling Tug Supply Ves
The Panama Canal Authority (ACP) and Philadelphia Regional Port Authority (PRPA) renewed their partnership with the signing of a Memorandum of Understanding (MOU). First signed in 2009, the MOU, which is renewable for five years, seals both entities’ commitment to economic growth and best customer p
Electromagnetic Geoservices ASA (EMGS) has entered into an agreement to acquire OHM Surveys Holding AS (OHM), a marine electromagnetic (EM) acquisition company, from certain funds controlled by Sector Asset Management and Seatrans Group (Euro Trans Skips AS) for USD 15.75 million in a stock-for-stoc
Under it’s five-year Indefinite Delivery Indefinite Quantity (IDIQ) contract with US National Oceanic and Atmospheric Administration (NOAA), Fugro Pelagos Inc. have commenced surveying operations around the Aleutian chain’s Krenitzin Islands, Alaska in late July 2011. This 36 day program of Multi Be
Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) Director Michael R. Bromwich announced that the bureau has developed and implemented several new tools to help offshore oil and gas operators improve their exploration and development plan and permit applications. These tools wil
Northern announced today the appointment to the Board, with immediate effect, of Dr Rex William Gaisford CBE as a new Non Executive Director of the Company. Rex, aged 70, has worked in oil and gas businesses worldwide for over 35 years. During his career to date he has been CEO, MD, director, projec
Ocean Power Technologies, Inc. (“OPT” or the “Company”), a leading wave energy technology company, announces that it will release its fiscal first quarter financial results before the market opens on Friday, September 9, 2011. A conference call to review these results will be held at 10:00 a.m. East
The maritime administration of Antigua and Barbuda has authorised Germanischer Lloyd (GL) to carry out inspection and certification services under the Maritime Labour Convention, 2006 (MLC 2006). Antigua & Barbuda ratified the Convention on the 11th of August, giving complete effect to the Conventio
GulfMark Offshore, Inc. announce the initiation of a vessel construction program. The first three vessels in the program will be built by Remontowa Shipbuilding SA in Gdansk, Poland, and consists of two 1000 square meter deck area platform supply vessels of the MMC887CD design and one MMC879CD desig
Huntington Ingalls Industries, Inc. announced yesterday that its Ingalls Shipbuilding division celebrated the “start of fabrication” of the U.S. Coast Guard’s fourth National Security Cutter, Hamilton (WMSL 753). The shipbuilding milestone signifies that 100 tons of steel have been cut and fabricate
IHC Merwede B.V. announces that it will hold naming and launch ceremony of the trailing suction hopper dredger, CHANG JIANG KOU 01, on Saturday 10 September 2011. The ship is being built for Yangtze Estuary Waterway Administration Bureau MOT at the IHC Dredgers yard, Smitweg 6, 2960 AA Kinderdijk, T
ABS Nautical Systems announce the redesign and release of its industry leading suite of asset management software, NS5. Substantial improvements made to this next generation version, NS5 Enterprise, make this user-friendly software a first of its kind application on the market today. Continually evo
