Rand Logistics, Inc. today announced that it has signed a binding asset purchase agreement, whereby its designated subsidiary, Lower Lakes Towing Ltd. (“Lower Lakes”) will acquire the Maritime Trader, a Canadian flagged dry bulk carrier, subject only to final approval by the Federal Court of Canada.
Global Marine Systems Limited has announced a major upgrade of its CS Sovereign vessel. Global Marine‟s marine engineering team worked closely with an offshore handling equipment supplier, to design and build two 2,300 tonne turntables, in order to expand the ships capability for a further round of
SBM Offshore announces it has received a letter from BP Exploration Operating Company Ltd confirming full project sanction for the supply of an internal turret mooring system for the Quad 204 FPSO project. The contract consists of engineering, procurement and construction of an internal turret moori
Lundin Petroleum AB announces that it has commenced the drilling of the Cempulut prospect located in Block SB303, offshore Sabah in East Malaysia. The main objective of the well is to test a large shallow late Miocene carbonate reef with a crestal seismic amplitude anomaly. The planned total depth i
Neptune Marine Services Limited announces it has signed a Memorandum of Agreement for the sale of the vessel, ROV Supporter including the on board remotely operated vehicle (ROV). Under the terms of the agreement, Neptune will sell the Assets for US$2.4 million. The sale proceeds will augment workin
CARIS, the world’s leading marine GIS organization, has launched a new module as part of the release of Bathy DataBASE 3.2. The Engineering Analysis Module caters to the requirements of the dredging industry, port and waterway authorities, as well as other engineering operations. The Engineering Ana
Mr Eisso Koenders has joined Jasper Drilling Private Limited in July 2011 as General Manger. He will be responsible for all operational and marketing functions within the Jasper Group. He brings with him over 38 years of experience in the drilling industry. He commenced his offshore career with Shel
Alpine Ocean Seismic Survey, a provider of marine surveying and data collection services, announces the following changes to its executive leadership: Robert Mecarini has been promoted to President of the company, and Gino Mecarini assumed the role of Chairman. This planned succession enables Robert
During the period 7-8 June 2011, the Petroleum Safety Authority Norway (PSA) conducted an audit of Statoil aimed at the operating company’s work to ensure compliance with the petroleum regulations’ requirements for electrical installations and personnel responsible for electrical installations. Back
Kosmos Energy announces today that the company’s Makore-1 exploration well on the West Cape Three Points Block offshore the Republic of Ghana encountered 37 meters (121 feet) of good-quality Campanian-age water-bearing sandstone reservoirs and 46 meters (151 feet) of good-quality Turonian-age water-
GSP Jupiter entered under a new contract, providing offshore drilling services for Melrose Resources on the Bulgarian continental shelf. The mobile offshore drilling rig will operate in the Kaliakra perimeter where GSP has been awarded the new drilling contract. GSP Orion, PSV, OSR capability (Oil S
The president of ACCIONA Energy, Carmen Becerril, and the CEO of Navantia, Luis Cacho,signed a co-operation agreement in the field of offshore wind power. Both companies are committed to developing projects and industrial and technological activities with different institutions aiming to contribute
Welltec ® announced that they have signed a major contract in Brazil with Petrobras; contract value will be in excess of $15MM for a duration of up to 4 years. Welltec has been selected as the primary service provider for electric line tractor conveyance as well as for a wide portfolio of mechanical
Lundin Petroleum AB announces that it has commenced the drilling of the Cempulut prospect located in Block SB303, offshore Sabah in East Malaysia. The main objective of the well is to test a large shallow late Miocene carbonate reef with a crestal seismic amplitude anomaly. The planned total depth i
