DP World Ltd. is preparing to spend 1.5 billion pounds ($2.5 billion) on Britain’s first deepwater port in at least 20 years at a time when… By Scott Hamilton (bloomberg) [mappress] Source: bloomberg, July 27, 2011;
At the southern end of the Mariana Trench, a deep scar that cuts into the bottom of the ocean floor, there is a point known… (theatlantic) [mappress] Source: theatlantic, July 27, 2011;
Harwich International Port welcomed the MPI Adventure on its maiden operational call to the port. In conjunction with the jack-up vessel Seaworker, which has been working at the port since March of this year, the MPI Adventure will begin installing monopile foundations and transition pieces for Phas
BP today said that it expects future cash flows generated by its worldwide operations to grow faster than output. This growth is expected in both its upstream and downstream businesses as the company delivers its strategic priorities, increases its investment in future growth opportunities and portf
BG Group announced that its revenue and other operating income in 2Q increased by 26% to $5 115 million, reflecting the benefit of higher commodity prices and a 3% increase in E&P production, with solid operational performance across the Group’s assets. As a result of the above and a lower explorati
Acta Marine has recently upgraded the functionality of its Ultra Shallow Support Vessel “Coastal Enterprise” with Dynamic Positioning. This system allows the Coastal Enterprise to automatically maintain its position and heading by using only its own propellers and thrusters. Coastal Enterprise is th
Foster Wheeler AG announced today that its board of directors has approved a senior leadership succession plan under which J. Kent Masters, 50, will become the company’s Chief Executive Officer, effective October 1, 2011. It is expected that he will stand for election to the company’s board of direc
Eleven years after 118 submariners met a grisly death at the bottom of the ocean in the Kursk, a British team has developed the most advance… (dailymail) [mappress] Source: dailymail, July 25, 2011;
Norske Shell is claiming a new subsea installation record on its Ormen Lange development in the Norwegian Sea. A fourth template has been… (subseauk) [mappress] Source: subseauk, July 25, 2011;
AS the death toll in Norway’s twin terror attacks ratcheted past 90, officials said overnight they were readying a mini-submarine to search… (heraldsun) [mappress] Source: heraldsun, July 25, 2011;
The Gdansk Shipyard, where the Solidarity movement that ended the communist era in Poland was born, is now trying to lead another Polish revolution … in offshore wind power. The European Union has laid out clean energy targets to be reached by its 27-members by 2020. To hit those marks Poland must b
Eleven years after 118 submariners met a grisly death at the bottom of the ocean in the Kursk, a British team has developed the most advance… (dailymail) [mappress] Source: dailymail, July 25, 2011;
Seajacks will once again sponsor of “The Great Yarmouth Maritime Festival” held on Saturday 10th and Sunday 11th September 2011 organised through the Greater Yarmouth Tourist Authority with the help of willing volunteers. The weekend brings together maritime from the past, present and future to take
Bowleven, the West Africa focused oil and gas exploration group traded on AIM, announces the departure of John Morrow, Group COO, for personal reasons. Following a hand over period, Non Executive Director, Phil Tracy, who has extensive operations experience, will assume the role of Operations Direct
