Aban Offshore today said it would consider raising funds by selling shares in the domestic as well as international markets. [mappress] businessstandard, May 19, 2010;
RBG announced the award of a $ 10 million inspection, repair and maintenance (IRM) diving contract from Maersk Oil North Sea UK. The company’s newly formed Marine & Subsea division, which was launched at the Subsea 2010 conference in February, will deliver diving inspection of the lower hulls, destr
Most of Virginia’s coastal waters the government wants to use for oil and gas exploration would interfere significantly with military… [mappress] Sunnews, May 19, 2010;
Daewoo Shipbuilding and Marine Engineering, the world’s second-largest shipyard by orders, aims to almost triple contracts for offshore… [mappress] Source: Emirates Business,May 18, 2010;
Closer scrutiny of offshore drilling and tougher regulations are unlikely to impact an oil pipeline Calgary’s Enbridge is planning… [mappress] Source: CalgarySun,May 18, 2010
Schaeffler has successfully completed the removal and replacement of a drive-end bearing on the pipe-storage and deployment reel on a Subsea 7 pipe-lay vessel, the ‘Seven Navica’. The replacement required Schaeffler engineers to conduct a survey on the condition of the bearing before removing the ex
The government’s new envoy to the restive Caucasus, Alexander Khloponin, said Friday that he would support oil companies such as LUKoil… [mappress] Source: MoscowTimes, May 18, 2010;
DAMEN’s new Multi Purpose Vessel, particularly suited for oil spill response, is set to enter service in the next few weeks in Vietnam after undergoing successful sea trials. Kitted with two large sweeping arms, this is the first time an oil spill response vessel of this type has been operated in As
Managing blowback from the BP oil spill is “job #1″ for Big Oil these days. International petro giant Shell , with headquarters in England and Wales and a significant refinery in Martinez, CA, has announced it will halt its Nigerian offshore oil drilling, while implementing a groundbreaking remediat
The U.S. Coast Guard and U.S. Environmental Protection Agency (EPA) today announced they have authorized BP to use dispersants underwater… [mappress] Source: Epa,May 18, 2010;
The fallout from the Gulf oil spill has claimed its first casualty at the Interior Department. [mappress] Source: AP,May 18, 2010;
Environmental groups have expressed disappointment over the Federal Government’s approval of a series of new offshore oil drilling leases… [mappress] Source: Abcnet, May 17, 2010;
Last February Ezra Holdings Limited, one of the world‘s leading integrated support and marine services provider in the offshore oil & gas… [mappress] Source: Oaktreeadvisers, May 17, 2010;
Oil giant BP succeeded Sunday in connecting a mile-long pipe to help capture oil flowing into the Gulf of Mexico from its damaged well… [mappress] Source: fortmilltimes, May 17, 2010;