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Business & Finance

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Pasha Hawaii Cuts Steel for Second Vessel
Business & Finance

Pasha Hawaii Cuts Steel for Second Vessel

Honolulu-based Pasha Hawaii today announced the MV Marjorie C’s first steel plate was cut, launching the official start of construction for the company’s second vessel. The steel was cut at VT Halter Marine’s shipyard in Pascagoula, MS. The Marjorie C is on schedule to deliver in the fall of 2013 wh

about 15 years ago
France: Bourbon Revenues up 18.8 pct in 2Q 2011
Business & Finance

France: Bourbon Revenues up 18.8 pct in 2Q 2011

Bourbon published second quarter 2011 results. ““The steady increase in the fleet’s utilization rates, particularly in shallow water offshore, illustrates the recovery of the offshore market and our clients’ recognition of the performance of our vessels. Although significant, the improvement in dail

about 15 years ago
Ghana: Tap Oil Increases Interest in Offshore Accra Contract Area to 45 pct
Business & Finance

Ghana: Tap Oil Increases Interest in Offshore Accra Contract Area to 45 pct

Tap Oil Limited announces that it has executed an agreement to purchase an additional 5% participating interest in the Offshore Accra Contract Area, Ghana from Challenger Minerals Inc for USD1.5 million. This transaction, which will increase Tap’s participating interest from 40% to 45%, is another e

about 15 years ago
First Subsea Appoints John Shaw as New Global Sales and Business Development Manager (UK)
Business & Finance

First Subsea Appoints John Shaw as New Global Sales and Business Development Manager (UK)

First Subsea Ltd, has appointed John Shaw as global sales and business development manager. Formerly head of Engineered Products Group at Trelleborg Offshore, he will be responsible for developing First Subsea’s innovative ball and taper connector business worldwide. In addition to the Ballgrab rang

about 15 years ago
Subsea 7 Releases Second Quarter and Half Year 2011 Results (UK)
Business & Finance

Subsea 7 Releases Second Quarter and Half Year 2011 Results (UK)

Subsea 7 S.A. (formerly Acergy S.A.) announced today results for the second quarter and first half 2011 which ended on June 30, 2011. The combination between Acergy S.A. and Subsea 7 Inc. completed on January 7, 2011. Upon completion, Acergy S.A. was renamed Subsea 7 S.A. As a result of the combinat

about 15 years ago
UAE: Dragon Oil 1H Revenues Up 91 pct
Business & Finance

UAE: Dragon Oil 1H Revenues Up 91 pct

Dragon Oil plc, an international oil and gas development and production company, today announced its interim financial and operational results for the period ended 30 June 2011. Operational performance Growth of 25% in the average gross production to approximately 58,000 bopd (1H 2010: 46,420 bopd)

about 15 years ago
Russia: Zelenodolsk Shipyard Launches Two Vessels
Business & Finance

Russia: Zelenodolsk Shipyard Launches Two Vessels

Zelenodolsk Shipyard launched two vessels on the eve of the Russian Navy Day – sea-going tug MB-12 and anti-terror boat Grachonok, told the yard’s press service to Central Navy Portal. The shipyard effectively executes this year’s production program building ships both for Russian Navy and for expor

about 15 years ago
Scientist Explore Undersea Volcano Eruption (USA)
Business & Finance

Scientist Explore Undersea Volcano Eruption (USA)

An undersea volcano located about 250 miles off the Oregon coast has erupted, according to a team of scientists from across the United State… (irishweatheronline) [mappress] Source: irishweatheronline, August 10, 2011;

about 15 years ago
Norway: Statoil Gets Consent to Use Deepsea Atlantic on Gullfaks
Business & Finance

Norway: Statoil Gets Consent to Use Deepsea Atlantic on Gullfaks

Statoil has received consent to use the Deepsea Atlantic mobile facility for production drilling on Gullfaks. The consent relates to drilling and completion of three wells (34/10 F-3 AH, 34/10 F-1 H and 34/10 G-4) in production licence 050. The expected start up is 10 September 2011 (34/10 F-3 AH) a

about 15 years ago
PSA Norway Carries Out Maintenance Management Audit on Brage
Business & Finance

PSA Norway Carries Out Maintenance Management Audit on Brage

From 14-17 June 2011, the Petroleum Safety Authority Norway (PSA) carried out an audit of maintenance management on Brage. Background During our audit in 2010, the status of maintenance management in Statoil EPN and associated challenges was presented to us in several meetings. It emerged that Stato

about 15 years ago
Malaysia: Flag States Sign Declaration Condemning Acts of Violence Against Seafarers
Business & Finance

Malaysia: Flag States Sign Declaration Condemning Acts of Violence Against Seafarers

Three of the largest flag states, accounting for around 40% of the world’s commercial shipping tonnage, have signed an agreement condemning the acts of violence against seafarers by pirates. The flag states agreed to pool information on the mistreatment of seafarers at the hands of pirates. The flag

about 15 years ago
JV Van Oord, Dredging International Australia Win Third Gladstone Port Contract
Business & Finance

JV Van Oord, Dredging International Australia Win Third Gladstone Port Contract

Van Oord Australia Pty Ltd and Dredging International (Australia) Pty Ltd, member of the DEME Group, have been awarded a third contract for the Western Basin Main Works Dredging at the Port of Gladstone. This third contract signed with the Gladstone Ports Corporation on 15th July 2011 represents a v

about 15 years ago
JV Van Oord, Dredging International Australia Acquire Contract for Gladstone Western Basin Dredging
Business & Finance

JV Van Oord, Dredging International Australia Acquire Contract for Gladstone Western Basin Dredging

Van Oord Australia Pty Ltd and Dredging International (Australia) Pty Ltd, member of the DEME Group, have been awarded a third contract for the Western Basin Main Works Dredging at the Port of Gladstone. This third contract signed with the Gladstone Ports Corporation on 15th July 2011 represents a v

about 15 years ago
UK: Ensco Takes Delivery of ENSCO 8504 Ultra-Deepwater Rig
Business & Finance

UK: Ensco Takes Delivery of ENSCO 8504 Ultra-Deepwater Rig

Ensco plc announced today that it has taken delivery of ENSCO 8504, the fifth of the seven ENSCO 8500 Series rigs constructed by Keppel FELS Limited in Singapore. After mobilizing to Brunei to complete deepwater sea trials and final outfitting, ENSCO 8504 will commence a previously announced drillin

about 15 years ago
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