Caterpillar Marine has announced it has completed the acquisition of ESRG Technologies Group, LLC, a vessel monitoring and data analytics leader in the marine industry. The acquisition includes ESRG’s comprehensive software suite for the…
Rosneft as part of Sakhalin-1 Consortium has successfully completed drilling of the world’s longest well at the Chayvo field.O-14 production well was drilled with Orlan drilling platform in direction of the field’s south-eastern point…
The United States and Indonesia held naval exercises near the Natuna Archipelago in the East China Sea, near target China, and the Government in Jakarta hopes that in this region will be constantly carried out military maneuvers, says a Reuters report…
Stephen O'Neill has been appointed to Thuraya Telecommunications Company’s Board of Directors as of March 31. Until 2014, O'Neill was President of Boeing Satellite Systems International Inc (BSSI) and Vice President of Commercial Satellite Systems…
The Government of Canada has released the second report of the independent Tanker Safety Expert Panel, “A Review of Canada’s Ship-source Spill Preparedness and Response: Setting the Course for the Future, Phase II – Requirements for the Arctic and for Hazardous and Noxious Substances Nationally”…
Portsmouth Naval Shipyard (PNSY) was recently declared winner of two fiscal year 2014 Secretary of the Navy (SECNAV) Environmental Awards, one for Environmental Restoration-Installation and one for Cultural Resources Management-Small Installation…
Drydocks World, the international service provider to the shipping, offshore, oil, gas and energy sectors, handled 37 projects simultaneously in the Dubai yard, exceeding the previous record of 35 vessels. “Since January 2015 Drydocks World has increased the rate of vessel completion…
Egypt's Suez Canal Authority has confirmed its massive expansion of the Suez Canal is on schedule and that dredging will be completed in July. According to a state government communiqué, Head of the Suez Canal Authority Mohab Mamish said…
Schlumberger announced today that the Petrel* E&P software platform will support BP’s new digital technology roll out. The first deployment of the two-year global implementation has been successfully completed for staff at the company’s business unit in Aberdeen…
To better capitalize on the growing importance and excitement of data analytics and to drive innovation to support customers, Caterpillar Inc. today announced the formation of a new division, Analytics & Innovation (AI), which will be led by Caterpillar Vice President Greg Folley…
Doosan Fuel Cell has appointed Dr. Sathya Motupally as its chief operating officer (COO), the company’s president and CEO Jeff Hyungrak Chung announced. Dr. Motupally, a 13-year industry veteran who previously served as Doosan’s vice president of research…
Alfa Laval has entered into a patent license agreement with Daewoo Shipbuilding & Marine Engineering (DSME) for the use of DSME’s patents on high pressure fuel gas supply systems. The agreement signed in March 2015 enables Alfa Laval to further…
Wärtsilä signed a 5-year Technical Management Agreement with Golar Management Oslo for delivery of services to Golar LNG - one of the largest independent owners and operators of liquefied natural gas (LNG) carriers in the world. The service agreement includes remote monitoring of engines…
Specialist fire and safety engineering products and services provider Oteac has appointed a business development manager as it seeks to expand its international offering. Cammy McBain joins Oteac from Labtech where he was sales manager with…
A ship management company has been fined $283,500 in connection with a breach of clean air regulations in the United States, the International Transport Intermediaries Club (ITIC) has confirmed. ITIC reports that an inspector of the California Air Resources Board…