SAL Schiffahrtskontor Altes Land puts ‘Lone’ into service .She perfectly resembles her sister, is just as strong and can be positioned to maximum precision. Just three months after the German-based heavy-lift shipping company has sent the MV ‘Svenja’ – the world’s largest heavy-lift vessel – on its
CAMAC Energy Inc. , a U.S.-based energy company engaged in the exploration, development and production of oil and gas, today announced a net loss of $35.6 million, or $0.25 per diluted share for the quarter ended December 31, 2010. This includes estimated Oyo well #5 intervention expenses incurred i
Stratos Global, the leading global provider of advanced mobile and fixed-site remote communications solutions, today announced it is deploying the Inmarsat FleetBroadband satellite communications service on six deep-sea tugboats in Fairplay Towage’s fleet. Deployment on four of the vessels already h
The Norwegian government decided on 11 March to gather more facts relevant to a possible future impact assessment for Lofoten and Vesterålen. At the same time the government has decided not to carry out an impact assessment for the duration of the current Storting. “The government’s decision is not
Pipeline engineering specialist, STATS Group, is expanding in to the Asia Pacific region with the appointment of Chris Lilley as business development manager in Singapore. The Aberdeen isolation and intervention technology company has recently secured a number of key contracts in Asia and believes c
Rolls-Royce, the global power systems company, has opened its newly expanded and modernised Marine Service Centre in the Port of Rotterdam. The investment marks the latest stage in the development of a global Marine Service Centre network, which currently comprises dedicated repair activities in 34
SeaHold GeoShips announces the fixing of the STRIL EXPLORER in an 18 month time charter from Simon Mokster AS. The 76m DP2 Multi Purpose Offshore Vessel was delivered in 2010 and is optimised for subsea operations. It is fitted with a 60 Te AHC knuckleboom crane for a working depth of 1500m, helidec
Otto Energy Ltd provides an update on its 2011 Philippines exploration activities to investors. Otto acquired over 2,400 km2 of 3D and 760 kilometres of 2D seismic during 2010 in campaigns run in the first quarter. Otto has now commenced a significant exploration campaign for 2011. Interpretation of
Begun in December 2007, development of the Pazflor oil field 150 kilometers offshore Angola is one of the biggest projects currently operated by Total. A number of technological challenges — including subsea gas/liquid separation, a world first — are being met to bring the field on stream successful
Melrose Resources plc (“Melrose” or “the Company”), the oil and gas exploration, development and production company, announces that it has signed the Concession Agreements for two offshore exploration blocks EX-27 (Muridava) and EX-28 (Est Cobalcescu) with the Romanian National Agency of Mineral Res
Alexander Medvedev, Deputy Chairman of the Management Committee of OAO Gazprom, and Dr. Hans-Ulrich Engel, Board member of BASF, responsible for the Oil & Gas Division, signed in St. Petersburg a Memorandum which foresees possible development on a parity basis of two additional sites of the Achimov
Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® method of wellhead engineering, provides an update on its Joint Industry Project (‘JIP’) initiative, launched in October 2010, to develop a new method of engineering for subsea wellhe
Noble Corporation announced that it has been awarded contracts for six of its jackup units with Pemex Exploracion y Produccion (“Pemex”) in Mexico. Pending execution of the contracts, the units are expected to commence operations under the following terms: * Noble Bill Jennings: 286 days beginning m
Vantage Drilling Company today announced that it has signed a definitive agreement to provide services related to design, construction and commissioning on behalf of Aker Drilling ASA (“Aker Drilling”) of two Ultra deepwater drillships being built at Daewoo Shipbuilding & Marine Engineering Co., Ltd
