Rosneft and ExxonMobil have executed a Strategic Cooperation Agreement under which the companies plan to undertake joint exploration and development of hydrocarbon resources in Russia, the United States and other countries throughout the world, and commence technology and expertise sharing activitie
As part of ongoing expansion in China, global marine technology company Kongsberg Maritime has officially opened its new factory in Zhenjiang, China. The opening ceremony of the 25,000 m² facility took place 18th August 2011, with numerous local dignitaries, partners, employees, management from Kong
Solstad Offshore ASA has signed a contract with Ocean Installer AS for hire of SOFF’s offshore construction vessel (CSV) “Normand Clipper”. The duration of the contract is firm for 5 years with further 5 x 1 year option. Commencement is expected to be during second quarter of 2012. The contract valu
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
MEO Australia Limited advises that a contract has been executed with Fugro Multi Client Services Pty Ltd for the acquisition and processing of a 323 km2 3D multi-client seismic survey (‘Zeus 3D survey’) in WA-361-P, in the Carnarvon Basin, offshore Western Australia. WA-361-P is located in close pro
Typhoon Offshore, the green investment company, and HVC, the Alkmaar-based energy provider to municipalities and water districts, have acquired from BARD Holding GmbH the 600MW wind farm that will be constructed in the North Sea, 55 kilometers North East of Schiermonnikoog. With this acquisition, th
Lamprell , a leading provider of specialist engineering services to the international oil & gas and renewable industry based in the UAE, announces its Interim Results for the six month period ended 30 June 2011. H1 2011 FINANCIAL RESULTS Revenue: US$ 383.6 million up 102.6% (H1 2010: US$ 189.3 milli
BW Offshore reports an EBITDA of USD 86.9 million in the second quarter of 2011 compared to USD 75.6 million in the previous quarter. Adjusted for currency hedges, the EBITDA in Q2 2011 was USD 93.4 million. The increase is mainly due to the contribution from the FPSO BW Pioneer. Including ongoing c
NaiKun Wind Energy Group Inc. (the “Company” or “NaiKun Wind”) announced its financial results for the three months ended June 30, 2011, a fiscal period during which the Company maintained the expenditure level achieved through its restructuring and continued to progress the new strategies it began
Pipe laying operations at the South Pars gas field phases 15 and 16 is near completion, the manager of the SP phases 15 and 16, Abolqasem Noubakhti said. He went on to say that, pipe laying of the phase 16 with 115 kilometers length have been completed while the work in phase 15 is going […]
Solstad Offshore ASA (SOFF) has signed a contract with Ocean Installer AS (OI.II) for hire of SOFF’s offshore construction vessel (CSV) “Normand Clipper”. The duration of the contract is firm for 5 years with further 5 x 1 year option. Commencement is expected to be during second quarter of 2012. Th
The newest additions to the U.S. Geological Survey’s fleet of large research vessels will be dedicated and delivered at a formal shipbuilding ceremony in Cleveland on Wednesday. Anne Castle, U.S. Department of the Interior Assistant Secretary for Water and Science, and Marcia McNutt, USGS Director,
Veson Nautical, the premier provider of maritime commercial management and trading software solutions, yesterday announced that Dampskibsselskabet NORDEN A/S, has purchased Veson Nautical’s Integrated Maritime Operations System (IMOS). Veson Nautical’s IMOS software will now manage chartering, opera
Solstad Offshore ASA (SOFF) has signed a contract with Ocean Installer AS (OI.II) for hire of SOFF’s offshore construction vessel (CSV) “Normand Clipper”. The duration of the contract is firm for 5 years with further 5 x 1 year option. Commencement is expected to be during second quarter of 2012. Th
