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Business & Finance

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USA: WHOI Selects Hydroid to Provide AUVs for Pioneer Array
Business & Finance

USA: WHOI Selects Hydroid to Provide AUVs for Pioneer Array

The Woods Hole Oceanographic Institution (WHOI) and the Consortium for Ocean Leadership (OL) announced that Hydroid, a KONGSBERG Company, will provide Autonomous Underwater Vehicles (AUVs) and docking stations to support the Pioneer Array of the Ocean Observatories Initiative (OOI). WHOI, an impleme

about 15 years ago
UK: BP, Partners Approve Major Re-Development of Schiehallion and Loyal Oil Fields
Business & Finance

UK: BP, Partners Approve Major Re-Development of Schiehallion and Loyal Oil Fields

On behalf of its co-venturers BP announced an agreement to progress a major re-development of the Schiehallion and Loyal oil fields to the west of the Shetland Islands. Schiehallion and Loyal have produced nearly 400 million barrels of oil since production started in 1998 and an estimated 450 millio

about 15 years ago
Finland: Wartsila Wins Orders to Supply Propulsion Solutions for Dredger Vessels
Business & Finance

Finland: Wartsila Wins Orders to Supply Propulsion Solutions for Dredger Vessels

Wärtsilä has recently been awarded a series of orders to supply propulsion solutions for dredger vessels to be built in China and the Netherlands. Since dredging applications are typically very demanding, the high reliability of the Wärtsilä solutions was a key element in the award of all three proj

about 15 years ago
UK: Maersk Contracts Bibby Offshore to Deliver Diving Support and Underwater Repairs
Business & Finance

UK: Maersk Contracts Bibby Offshore to Deliver Diving Support and Underwater Repairs

Due to serious weather damage at the Maersk UK Gryphon field, Bibby Offshore were contracted to deliver diving support and in particular, help make the site safe while Maersk assessed the damage and then put in place plans for the field re-construction. Initially the Bibby Topaz was mobilised to sur

about 15 years ago
Cyprus: SeaBird Exploration Provides Fleet Utilization Update
Business & Finance

Cyprus: SeaBird Exploration Provides Fleet Utilization Update

Vessel utilization is defined as the percentage of the full quarter where the vessel is in paid work either in the form of acquisition, mobilization, demobilization, steaming, standby or other. The vessel utilization for all vessels operated by SeaBird for Q1 2011 was 69% (Q1 2011: 49%). The Ocean B

about 15 years ago
Japan: MOL Announces Exterior and Basic Design of Hybrid Car Carrier
Business & Finance

Japan: MOL Announces Exterior and Basic Design of Hybrid Car Carrier

Mitsui O.S.K. Lines, Ltd. today announced the exterior and basic design of the hybrid car carrier aiming at zero emissions while berthed had been determined. As a “project that develops systems to reduce CO2 emissions from ocean-going vessels,” the vessel earned us a subsidy from Japan’s Ministry of

about 15 years ago
IMCA Organises Annual Seminar 2011 Focused on Future of Marine and Subsea Operations (USA)
Business & Finance

IMCA Organises Annual Seminar 2011 Focused on Future of Marine and Subsea Operations (USA)

The highly topical theme of this year’s International Marine Contractors Association Annual Seminar – the future of marine and subsea operations – has resulted in the publication of a highly relevant and thought provoking programme. The seminar, the nineteenth in the series, will be held on 9–10 Nov

about 15 years ago
Wartsila Equips Four New Dredgers with Its Propulsion Package (Finland)
Business & Finance

Wartsila Equips Four New Dredgers with Its Propulsion Package (Finland)

Wärtsilä has recently been awarded a series of orders to supply propulsion solutions for dredger vessels to be built in China and the Netherlands. Since dredging applications are typically very demanding, the high reliability of the Wärtsilä solutions was a key element in the award of all three proj

about 15 years ago
WHOI Selects Hydroid to Provide AUVs for Pioneer Array (USA)
Business & Finance

WHOI Selects Hydroid to Provide AUVs for Pioneer Array (USA)

The Woods Hole Oceanographic Institution (WHOI) and the Consortium for Ocean Leadership (OL) announced that Hydroid, a KONGSBERG Company, will provide Autonomous Underwater Vehicles (AUVs) and docking stations to support the Pioneer Array of the Ocean Observatories Initiative (OOI). WHOI, an impleme

about 15 years ago
Singapore: Keppel Delivers Rowan Norway Jack-up Rig
Business & Finance

Singapore: Keppel Delivers Rowan Norway Jack-up Rig

Xcite Energy announced today that the “Rowan Norway” deep water jack-up rig, scheduled for use on the Company’s Bentley field, has now been delivered by the Keppel FELS shipyard in Singapore to Rowan Companies, Inc. The KFELS N-Class combines state-of-the-art design with the dual capabilities of per

about 15 years ago
UK: Bibby Offshore Provides Diving Support and Underwater Repairs at Maersk Gryphon Field
Business & Finance

UK: Bibby Offshore Provides Diving Support and Underwater Repairs at Maersk Gryphon Field

Due to serious weather damage at the Maersk UK Gryphon field, Bibby Offshore were contracted to deliver diving support and in particular, help make the site safe while Maersk assessed the damage and then put in place plans for the field re-construction. Initially the Bibby Topaz was mobilised to sur

about 15 years ago
Trelleborg Produces New Innovative and Safe Piggyback Clamps for McDermott (Sweden)
Business & Finance

Trelleborg Produces New Innovative and Safe Piggyback Clamps for McDermott (Sweden)

Trelleborg Offshore has revealed a new diver-friendly piggyback clamp designed to improve safety during installation. Trelleborg developed the clamp at the request of leading offshore construction company, McDermott in collaboration with Trelleborg Offshore UAE distributor, Unique Maritime Group. Re

about 15 years ago
Indonesia: Trio-Tech Inks Contract to Build Components for Mobile Offshore Production Units
Business & Finance

Indonesia: Trio-Tech Inks Contract to Build Components for Mobile Offshore Production Units

Trio-Tech International announced today that its PT SHI Indonesia subsidiary, a Batam-based manufacturer, equipment fabricator and provider of project management services for the oil and gas industry, has been awarded contracts valued at a total of $2.9 million to manufacture components for mobile o

about 15 years ago
Greece: Excel Maritime Announces Cancellation of Four Capesize Shipbuilding Contracts
Business & Finance

Greece: Excel Maritime Announces Cancellation of Four Capesize Shipbuilding Contracts

Excel Maritime Carriers Ltd, an owner and operator of dry bulk carriers and an international provider of worldwide seaborne transportation services for dry bulk cargoes, announced today the cancellation of four shipbuilding contracts for the construction of four bulk carrier vessels of 180,000 dwt e

about 15 years ago
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