Endeavour Energy UK Ltd, a subsidiary of Endeavour International Corporation, awarded Technip an EPCI lump sum contract, worth around €70 million, for the East Rochelle development in the United Kingdom North Sea. The field is located approximately 185 kilometers north-east of Aberdeen, Scotland in
Keppel FELS Limited (Keppel FELS) is on track to deliver its third KFELS N-Class jack-up rig to Rowan Companies, Inc. on time and within budget. The KFELS N-Class combines state-of-the-art design with the dual capabilities of performing drilling and production activities efficiently and safely. Equi
Dockwise Ltd. announces 11 awards totaling USD 42 million, all for execution in Q2 and Q3 2011. The USD 42 million comprises contracts for transportation of dredging equipment to Spain and Uruguay, a Power Barge and jack-up barges to the Dominican Republic and Egypt, jack-up rigs to Gabon, Mexico an
The Shipbuilders Council of America (SCA) recently announced that Huntington Ingalls Industries’ Newport News Shipbuilding and Ingalls Shipbuilding Divisions and General Dynamics’ Bath Iron Works (General Dynamics NASSCO is currently a member of the SCA) have joined its national trade association. T
Who would have thought that 90 years after it sank to the bottom of Puget Sound, a luxury passenger liner could help prevent a major environ… (king5) [mappress] Source: king5, June 26, 2011;
DryShips Inc. , a global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services, announced that its majority owned subsidiary, Ocean Rig UDW Inc., exercised its third newbuilding option to construct a 7th Generation Ultra Deepwater D
DryShips Inc. , a global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services, announced that its majority owned subsidiary, Ocean Rig UDW Inc., exercised its third newbuilding option to construct a 7th Generation Ultra Deepwater D
Globus Maritime Limited, a dry bulk shipping company, announced that it has taken delivery of the M/V “Moon Globe,” a 2005-built Panamax dry bulk carrier it acquired for a purchase price of $31.4 million, which the Company had previously announced on May 3, 2011. The M/V “Moon Globe” was built at Hu
After an extensive selection process, involving discussions with a number of different shipyards, Tankers Inc. has today signed its first newbuilding contract for two LR1 vessels of 75,000 DWT each to be built by Dalian Shipbuilding Industry Co., Ltd. (“DSIC”), in the Liaoning province, China. In ad
A buildup of pressure in the annulus was detected in a recently completed, large bore, gas production well offshore Malaysia. Leak detection tools run into the well quickly revealed that tubing connections located at 333 m and 394 m were leaking and required recompletion of the upper completion. A d
Joy Global Inc., a worldwide leader in high-productivity mining solutions, has completed the acquisition of LeTourneau Technologies Inc. (“LeTourneau”) from Rowan Companies, Inc. (“Rowan”) for $1.1 billion in cash, subject to adjustment as provided in the Stock Purchase Agreement dated May 13, 2011.
A buildup of pressure in the annulus was detected in a recently completed, large bore, gas production well offshore Malaysia. Leak detection tools run into the well quickly revealed that tubing connections located at 333 m and 394 m were leaking and required recompletion of the upper completion. A d
Diana Containerships Inc. , a global shipping company specializing in owning and operating containerships, today announced that the Company has taken delivery on June 22, 2011 of a Panamax container vessel, the m/v “Maersk Malacca,” a 1990-built vessel of 4,714 TEU capacity. As previously announced,
Petrobras Downstream Executive Officer, Paulo Roberto Costa, participated this Thursday, June 23, in the World Oil Companies Congress, in London. In the morning, he delivered the “Petrobras: growth, investment and a model NOC?” keynote address, in which he discussed the company’s international strat
