Upon expiry of Bourbon Eko’s current contract, ConocoPhillips has awarded Bourbon Offshore Norway a new contract, at market levels for medium PSV with Rescue, until end Sept. 2012 + options. The end of this new contract is in line with the delivery of several new builds to the same Charterer. Bourbo
BMT Scientific Marine Services (BMT), a subsidiary of BMT Group Ltd, the leading international maritime design, engineering and risk management consultancy, has been contracted by Petrobras America Inc., a subsidiary of Petrobras, to provide support maintenance and repair for the Cascade and Chinook
Danish shipping and oil group A.P. Møller – Mærsk today announced results for for the first half of 2011. Revenue for the period increased by 9% to USD 29.9bn (USD 27.4bn), primarily due to higher oil prices and container volumes. Profit for the period was 8% higher at USD 2.7bn (USD 2.5bn), positiv
In February 2010 Seajacks entered into a contract with GustoMSC to provide the Basic Design Package for two purpose built wind farm installation vessels. In June 2010 Seajacks entered into a contract with Lamprell shipyard to build these new vessels and Seajacks will take delivery of the first new-b
CGGVeritas has appointed Tim Brooks as Vice President of Operations, North America for the Land Division. Mr. Brooks joined CGGVeritas on August 1, 2011 and will assume responsibility for the Land acquisition organization in North America. He will be based in Houston, Texas. With more than 25 years
The Directors of Mermaid Marine Australia Ltd announced another year of strong earnings growth. Net Profit after Tax (NPAT) for the year increased by 37% to $43.2 million and Earnings per Share (EPS) increased by 24% to 21.1c per share . The Directors also announced a final dividend of 5c per share
Malaysia Marine and Heavy Engineering Holdings Berhad has been awarded by MISC Berhad two contracts amounting to RM952 million (approx USD 319.1 million) for topsides fabrication, marine repair and conversion of two energy vessels. The first is an EPCC (Engineering, Procurement, Construction & Commi
OMV New Zealand and Shell New Zealand announce major milestones for the Great South Basin joint venture, with the addition of Shell into the venture and confirmation that a comprehensive 3D seismic programme will begin later this year on Permits 50119 and 50120. Permit 50121 will be returned to the
Houston-based international offshore drilling contractor, announced that one of its subsidiaries has been awarded a six month contract by Chevron Australia Pty. Ltd. for the Atwood Eagle. With this contract, the firm contractual commitments for the Atwood Eagle are expected to extend through July 20
Woodside today reported a first-half profit after tax of US$828 million, underpinned by continued strong performance of the North West Shelf and higher revenues. The underlying net profit after tax of US$842 million was up 3.6%. Woodside Chief Executive Officer Peter Coleman said “Our focus on opera
Malaysia Marine and Heavy Engineering Bhd (MMHE) net profit for the three months ended June 30, 2011 fell 28.3% to RM79.02 million … Source: The Edge Malaysia [mappress] Source: theedgemalaysia, August 16, 2011;
Today, Halliburton broke ground at the construction site of its new Technology Center at the Federal University of Rio de Janeiro (UFRJ) Technology Park, located at Ilha do Fundão, Rio de Janeiro, Brazil. The groundbreaking represents a milestone in the Cooperation Agreement signed in 2010 between H
ABB, the leading power and automation technology group, won several orders for a total of $200 million from Samsung Heavy Industries, Hyundai Heavy Industries, Keppel FELS and Jurong Shipyard Pte Ltd., to supply equipment 23 new Jack-Up and DP drilling vessels and one FPSO to be executed in South-Ko
Yesterday in Vyborg, a group of Gazprom experts visited the Vyborg Shipbuilding Plant. The group was headed by Alexander Ananenkov, Deputy Chairman of the Company’s Management Committee. Alexander Ananenkov discussed current issues of cooperation with the Plant management. Above all, the meeting add
