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Business & Finance

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USA: Thrustmaster to Deliver Propulsion System for Two PSVs
Business & Finance

USA: Thrustmaster to Deliver Propulsion System for Two PSVs

Thrustmaster of Texas, Inc. has been awarded the propulsion system for two 92.4 Meter Platform Supply Vessels to be built by Fincantieri Marine Group’s Bay Shipbuilding Company, Sturgeon Bay, Wisconsin for Tidewater Marine LLC. The main propulsion system will consist of two Thrustmaster model TH2500

about 15 years ago
USA: Rowan Makes New Executive Appointments
Business & Finance

USA: Rowan Makes New Executive Appointments

Rowan Companies, Inc. announced today that Thomas P. Burke has been appointed to serve as the Company’s Chief Operating Officer, and Melanie M. Trent has been appointed to serve as Senior Vice President, Chief Administrative Officer and Corporate Secretary. Matt Ralls, Rowan’s President and Chief Ex

about 15 years ago
STX Finland Names and Launches Polar Supply and Research Vessel S.A. Agulhas II
Business & Finance

STX Finland Names and Launches Polar Supply and Research Vessel S.A. Agulhas II

Polar Supply and Research Vessel ordered by the South African Department of Environmental Affairs was named and launched at STX Finland Oy’s Rauma shipyard. NB 1369 was named to S.A. Agulhas II by Director General Mrs Noshipho Ngcaba from the South African Department of Environmental Affairs. The ev

about 15 years ago
Spectrum Acquires 500,000 km of 2D Seismic Data from CGGVeritas (UK)
Business & Finance

Spectrum Acquires 500,000 km of 2D Seismic Data from CGGVeritas (UK)

Spectrum announces a major Multi-Client transaction with CGGVeritas priced at USD40mill. Spectrum will acquire the 2D Marine Multi-Client library from CGGVeritas encompassing more than 500,000 km of seismic data. This transaction is in line with the growth strategy of Spectrum to become a leading Mu

about 15 years ago
Argentina: Submarines to Get Nuclear Propulsion
Business & Finance

Argentina: Submarines to Get Nuclear Propulsion

Argentina is considering the development of “nuclear propulsion” for its diesel-engine submarines, Defence minister Arturo Puricelli said… (bernama) [mappress] Source: bernama, August 1, 2011;

about 15 years ago
Malaysia: MISC Appoints New Chairman
Business & Finance

Malaysia: MISC Appoints New Chairman

Datuk Manharlal Ratilal, Malaysian, aged 51, was appointed as Chairman and Non-Independent Non-Executive Director of MISC Berhad on 1 August 2011. Datuk Manharlal is the Executive Vice President, Finance of PETRONAS and a member of Board of Directors of PETRONAS, its Executive Committee and Manageme

about 15 years ago
Singapore: Otto Marine Announces Cancellation of Contract for Two Vessels
Business & Finance

Singapore: Otto Marine Announces Cancellation of Contract for Two Vessels

Otto Marine Limited, a leading offshore marine company which specialises in building complex offshore support vessels, ship chartering and offers specialised offshore services, today issued a profit warning regarding the financial results of the Group for the second quarter ended 30 June 2011 (“Q2”)

about 15 years ago
USA: Marcon International Delivers Two New ASD Tugs
Business & Finance

USA: Marcon International Delivers Two New ASD Tugs

Marcon International, Inc of Coupeville, WA, announced the sale and delivery of two 5,630BHP new ASD sister-tugs from Turkish builders, Bogazici Denizcilik to Owners in the United Arab Emirates. The tugs were designed by Cintranaval-Defcar of Spain for berthing and unberthing of vessels at LNG termi

about 15 years ago
Singapore: Otto Marine Announces Cancellation of Contract for Two Vessels
Business & Finance

Singapore: Otto Marine Announces Cancellation of Contract for Two Vessels

Otto Marine Limited, a leading offshore marine company which specialises in building complex offshore support vessels, ship chartering and offers specialised offshore services, today issued a profit warning regarding the financial results of the Group for the second quarter ended 30 June 2011 (“Q2”)

about 15 years ago
USA: Natural Power, SeaRoc Jointly Publish Article on Offshore Safety
Business & Finance

USA: Natural Power, SeaRoc Jointly Publish Article on Offshore Safety

Leading international renewable energy consultancy, Natural Power, and marine, engineering and offshore specialists, SeaRoc, have jointly published an article on learning safety lessons from the European offshore wind industry in the offshore supplement of North American Wind Power. The article goes

about 15 years ago
USA: TETRA Acquires Newly Built Derrick Barge TETRA Hedron
Business & Finance

USA: TETRA Acquires Newly Built Derrick Barge TETRA Hedron

TETRA Technologies, Inc. recently announced that it has acquired a newly built derrick barge with a 1,600 metric ton capacity, fully-revolving crane and accommodations for 300 personnel for an expected total investment of approximately $71 million, including the purchase price and inspection, transp

about 15 years ago
USA: TETRA Acquires Newly Built Derrick Barge TETRA Hedron
Business & Finance

USA: TETRA Acquires Newly Built Derrick Barge TETRA Hedron

TETRA Technologies, Inc. (TETRA or the Company) announced that it has acquired a newly built derrick barge with a 1,600 metric ton capacity, fully-revolving crane and accommodations for 300 personnel for an expected total investment of approximately $71 million, including the purchase price and insp

about 15 years ago
Australia: Subsea 7 Wins Umbilicals Installation Contract from Chevron
Business & Finance

Australia: Subsea 7 Wins Umbilicals Installation Contract from Chevron

Subsea 7 S.A. announced today that it has been awarded a contract valued at approximately $440 million from Chevron Australia Pty Ltd for the Chevron-operated Gorgon Project, offshore Western Australia. The work scope includes installation and tie-in of heavy lift structures in the Gorgon and Jansz

about 15 years ago
Singapore: Keppel on Track to Deliver Drilling Rig Scarabeo 9 to Saipem
Business & Finance

Singapore: Keppel on Track to Deliver Drilling Rig Scarabeo 9 to Saipem

Keppel FELS Limited (Keppel FELS) is on track to deliver Scarabeo 9, a 6th generation ultra-deepwater semisubmersible drilling rig, to Saipem S.p.A (Saipem) on time and with no lost time incidents. A significant part of Keppel FELS’ workscope on Scarabeo 9 involved the completion and commissioning o

about 15 years ago
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