Petrobras discover a new light hydrocarbon accumulation in ultra deepwaters of the Sergipe-Alagoas Basin (see map).The well is 85 km off the Aracaju coast, state of Sergipe, at a 2,583 meter water depth. Drilling was completed at 5,347 meter depth…
Gary Thirkettle starts work with Calecore.Calecore is pleased to announce the appointment of Gary Thirkettle as Sales Manager. Gary, who read Geophysics and Mathematics at Reading, also holds an MBA, has over 20 years of Management and Senior Management success in the offshore Sector…
Historic deal in U.S. Shipbuilding, Green Ship TechnologyGeneral Dynamics NASSCO finalized a contract with TOTE, Inc., for the design and construction of two 3,100 TEU LNG-powered containerships, setting a new benchmark in green ship technology…
Symbiotics Ltd delivers specialist operation and maintenance training in vital off-shore surveillance systems.Symbiotics Ltd, a international specialists in human performance assessment and training solutions, has been selected to design…
The Oil Companies International Marine Forum (OCIMF), whose members charter tankers and offshore support vessels, has published new ‘Recommendations Relating to Requirements Governing Seafarers’ Hours of Work and Rest’ http://www.ocimf.com/Library/Information…
Eco Marine Power Co. Ltd. (EMP) release further details of its modified version of the Aquarius MRE System for naval and coast guard ships. This modified system will use EMP’s patent pending EnergySail technology to form an array of devices…
Dockwise Ltd. confirms it has received an unsolicited intended offer from Royal Boskalis Westminster N.V. ('Boskalis') for the acquisition of all outstanding shares of Dockwise at an offer price of EUR 17.20 per share cum dividend. The…
China's demand for oil in October 2012 was meaningfully weaker that it was the previous month.The detailed Chinese oil data for October were reported yesterday. Calculated demand adjusted for inventory changes came in at 9.5 million b/d…
Maersk Tankers exits its Handygas segment by selling all 11 vessels to Navigator Gas. The divestment allows Maersk Tankers to focus on fewer segments and releases capital for future investments.Hanne B. Sørensen, CEO Maersk Tankers, said…
Douglas-Westwood forecast that between 2013 and 2017, $91bn will be spent on floating production systems (FPS) – an increase of 100% over the preceding five-year period. A total of 121 floating production units are forecast to be installed – a 37% increase…
Bureau of Safety and Environmental Enforcement Update on Platform Fire Investigation. The Bureau of Safety and Environmental Enforcement (BSEE) began an investigation early Friday morning into the explosion and fire aboard a production platform…
The Renewable Fuels Association (RFA) & Burlington Northern Santa Fe (BNSF) Railway to co-host a free Ethanol Safety Seminar on Nov. 29, 2012.The seminar will be held at the Fire Service Training Center on the northwest campus of Tarrant County College…
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) has announced that, effective immediately, Allen M. Katz, has joined the company and will serve as Interim Senior Vice President and General Counsel through June 30, 2013. Subject to mutual agreement…
BP Exploration and Production Inc. Agrees to Plead Guilty to Felony Manslaughter, Environmental Crimes and Obstruction of Congress Surrounding Deepwater Horizon Incident; BP Agrees to Pay a Record $4 Billion in Criminal Fines and Penalties Two…
Jeppesen optimization solutions to be used aboard BP's LNG, Product & Crude Oil vessels to increase efficiency, reduce risks & save fuel.The contract will result in the installation of Jeppesen’s Vessel and Voyage Optimization Solution (VVOS)…