*Sales of NOK 9.2 billion 4Q 2014 vs NOK 7.5 billion 4Q 2013*Earnings before interest, taxes, depreciation and amortization (EBITDA) of NOK 786 million vs NOK 661 million a year earlier*Earnings before interest and taxes (EBIT) of NOK…
Harvey Gulf International Marine LLC made maritime history in North America last week by being not only the first owner/operator of a dual fuel offshore support vessel to bunker LNG as a marine fuel but to also successfully complete the first…
New leadership for BOEM’s Office of Renewable Energy Programs The Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper announced James (Jim) F. Bennett as BOEM’s new Chief for the Office of Renewable Energy Programs (OREP)…
International accountant and shipping adviser Moore Stephens said today that companies in the offshore maritime sector need to keep a close watch on costs and manage their exposure to risk in the wake of the dramatic fall in oil prices.“It…
Electromagnetic Geoservices ASA (EMGS) will receive uplift revenues of USD 2.5 million related to the licensing round for mature areas on the Norwegian continental shelf - Awards in Predefined Areas (APA). EMGS' multi-client data library in Norway now covers 44…
Eastern Shipbuilding Group, Inc. introduced its new 120-foot, 4,200-horsepower Inland Towboat design, THUNDERBOLT, combining twin electric V-Pod propulsion and diesel-electric technology for what the builder calls its “vision of the future for the U…
On Friday 6 February 2015, Wuchang Shipbuilding Industry Co., Ltd., China, held a steel cutting ceremony for the first of four platform supply vessels of ULSTEIN’s PX121 design being built for Otto Offshore Limited. The shipbuilding contracts at Wuchang were announced in August 2014…
Phil Ward has been appointed by 2H Offshore as a director in its Aberdeen office, a promotion from his current role as principal engineer.Working alongside the existing management team, Ward will jointly lead the company’s growing Aberdeen business…
The fast-growing UK subsea sector, which supports 60,000 jobs, is in for two years of tough times and will only weather the storm if it embraces innovation and new technology, says industry body.On the opening day of Subsea Expo, Europe’s largest subsea event…
UL/ULC and ATEX Approved LVDT Position Sensors for Worldwide Operation in Offshore Drilling Markets.Macro Sensors offers the HLR 750 Series of UL/ULC listed and ATEX-approved LVDT Linear Position Sensors for use in the high temperature…
“When it comes to passenger suits for helicopter transfer, there are a number of commonly used materials and features that are well-suited to the task,” says Jens Peter Kruse, Vice President, PPE at leading maritime and fire safety equipment…
As the Indian economy shows signs of green shoots Bertling Logistics India Private Ltd., the country's only project logistic multi-national has etched out strategic plans to consolidate its multifarious activities in order to gear for a major…
The SignalFire Remote Sensing System™, an innovative long-range mesh networking technology specifically designed for challenging, large-scale environments, provides cost effective remote monitoring of well pad tubing and casing pressures in upstream oil and gas fields…
Subsea and marine recruitment specialist etpm has introduced two new key service lines and made two senior appointments to further grow and develop its service offering to companies operating in the current economic climate in the oil and gas sector…
A specialized LNG Bunker vessel to be built at the STX Offshore & Shipbuilding Company yard in South Korea on behalf of Shell will be powered by Wärtsilä DF dual-fuel engines. The ship will be used to deliver gas to LNG (Liquefied Natural Gas) fuelled vessels in Northwest Europe…