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Business & Finance

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USA: Gulf Island Fabrication Receives LoA for Hull Construction
Business & Finance

USA: Gulf Island Fabrication Receives LoA for Hull Construction

Gulf Island Fabrication, Inc. announced today, that through its subsidiary Gulf Marine Fabricators, it has signed a Letter of Award for the fabrication of a hull for a Williams deep-water Gulf of Mexico project. Revenue and man-hour backlog is included in the Company’s consolidated backlog reported

about 15 years ago
NOAA Creates Gulf of Mexico Deep-Sea Ecosystem Education Materials Collection (USA)
Business & Finance

NOAA Creates Gulf of Mexico Deep-Sea Ecosystem Education Materials Collection (USA)

NOAA and partners conducted 11 ocean explorations in the Gulf of Mexico during the past ten years, providing a foundation of information against which to measure change to the region’s ecosystems — changes that may relate to the Deepwater Horizon event that took place a year ago. With this foundatio

about 15 years ago
USA: MTU to Showcase its Diesel Engine Lines at OTC 2011
Business & Finance

USA: MTU to Showcase its Diesel Engine Lines at OTC 2011

The Tognum Group subsidiary MTU is displaying four diesel engine lines at the Offshore Technology Conference, May 2-5, 2011, in Houston, Texas. The products displayed have been designed specifically to power products used in the exploration and production of oil and gas. Applications in which MTU pr

about 15 years ago
Subsea 7 Announces Publication of 2010 Annual Report (UK)
Business & Finance

Subsea 7 Announces Publication of 2010 Annual Report (UK)

Subsea 7 S.A. announced the publication of the 2010 Annual Report for its indirect subsidiary Subsea 7 Inc. for fiscal year 2010 which ended on December 31, 2010. Subsea 7 Annual Report 2010 Subsea 7 S.A. is a seabed-to-surface engineering, construction and services contractor to the offshore energy

about 15 years ago
India: ONGC Awards Baker Hughes 5-Year Drilling, Evaluation Contract
Business & Finance

India: ONGC Awards Baker Hughes 5-Year Drilling, Evaluation Contract

Oil and Natural Gas Corporation (ONGC) of India has awarded Baker Hughes a five-year contract to provide drilling and evaluation services and to manage third-party services for the Platinum Explorer drillship. Under the terms of the contract, Baker Hughes will supply directional drilling, measuremen

about 15 years ago
China: Sinopacific Shipbuilding Group Builds GPA696 Offshore Support Vessel
Business & Finance

China: Sinopacific Shipbuilding Group Builds GPA696 Offshore Support Vessel

On the morning of 29 April, Sinopacific Shipbuilding Group, China’s leading private shipbuilding enterprise held the ship naming ceremony at its Zhejiang Shipyard for GPA696, the global first fabricated model of Offshore Support Vessel(OSV) built for France’s Bourbon Company. Afterwards, a sea trial

about 15 years ago
Azerbaijan: SOCAR President Welcomes BP Delegation
Business & Finance

Azerbaijan: SOCAR President Welcomes BP Delegation

On April 27, SOCAR President Mr. Rovnag Abdullayev received BP delegation led by Company’s Chief Executive Mr. Robert Dudley. Welcoming the guests, Mr. Abdullayev stated that Exploration work within the contract on exploration of “Azeri-Chirag-Gunashli”, “Shah Daniz” fields, development and producti

about 15 years ago
China: Sinopacific Shipbuilding Holds Naming Ceremony for GPA696 OSV
Business & Finance

China: Sinopacific Shipbuilding Holds Naming Ceremony for GPA696 OSV

On the morning of 29 April, Sinopacific Shipbuilding Group, China’s leading private shipbuilding enterprise held the ship naming ceremony at its Zhejiang Shipyard for GPA696, the global first fabricated model of Offshore Support Vessel(OSV) built for France’s Bourbon Company. Afterwards, a sea trial

about 15 years ago
Strategic Marine Signs Repeat Order for New Vessels for Gorgon Project (Australia)
Business & Finance

Strategic Marine Signs Repeat Order for New Vessels for Gorgon Project (Australia)

Strategic Marine has signed another repeat order with Western Australian company Bhagwan Marine to deliver two new vessels to service the WA’s offshore oil and gas industry, including the Gorgon Project. The new contracts for a 49.5 metre and 38 metre landing craft follows the delivery of a 48 metre

about 15 years ago
Norway: Hydroid Delivers Two REMUS 100 AUVs to Royal Norwegian Navy
Business & Finance

Norway: Hydroid Delivers Two REMUS 100 AUVs to Royal Norwegian Navy

Hydroid, Inc., a subsidiary of Kongsberg Maritime, the leading manufacturer of Autonomous Underwater Vehicles (AUVs), announced that it has delivered two REMUS 100 AUVs to the Royal Norwegian Navy (RNoN). The REMUS AUVs were procured by the Norwegian Defence Logistics Organization (NDLO) Naval Syste

about 15 years ago
Bhagwan Marine Orders 2 Vessels to Support Western Australia’s Oil and Gas Industry
Business & Finance

Bhagwan Marine Orders 2 Vessels to Support Western Australia’s Oil and Gas Industry

Strategic Marine has signed another repeat order with Western Australian company Bhagwan Marine to deliver two new vessels to service the WA’s offshore oil and gas industry, including the Gorgon Project. The new contracts for a 49.5 metre and 38 metre landing craft follows the delivery of a 48 metre

about 15 years ago
Cameron Releases First Quarter Earnings Report (USA)
Business & Finance

Cameron Releases First Quarter Earnings Report (USA)

Cameron reported net income of $109.5 million, or $0.43 per diluted share, for the quarter ended March 31, 2011, compared with net income of $120.4 million, or $0.48 per diluted share, for the first quarter of 2010. The first quarter 2011 results include after-tax charges of $7.0 million, or $0.03 p

about 15 years ago
WHOI Reports: Ocean Eddies Could be Powerful Modes of Deep Ocean Transport (USA)
Business & Finance

WHOI Reports: Ocean Eddies Could be Powerful Modes of Deep Ocean Transport (USA)

Researchers from Woods Hole Oceanographic Institution (WHOI) and their colleagues have discovered that massive, swirling ocean eddies–known to be up to 500 kilometers across at the surface–can reach all the way to the ocean bottom at mid-ocean ridges, some 2,500 meters deep, transporting tiny sea cr

about 15 years ago
The Netherlands: SBM Offshore to Receive Design Licence Fees for Drillships and Jack Ups
Business & Finance

The Netherlands: SBM Offshore to Receive Design Licence Fees for Drillships and Jack Ups

SBM Offshore will receive design license fees from Hyundai Heavy Industries (HHI) who has recently confirmed that it has signed contracts to construct and deliver six drill ships of the GustoMSC P10,000 class with international drilling contractors. SBM Offshore will also receive design license fees

about 15 years ago
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