Offshore News


USS Paul Hamilton Rescues Mariner

Dec 12, 2014

Arleigh Burke-class guided-missile destroyer USS Paul Hamilton (DDG 60) rescued a stranded mariner Dec. 9 while operating south of the Hawaiian Islands.Paul Hamilton Sailors rendered assistance to Ron Ingraham after receiving a distress call from U…

Chevron Takes Cummings on Board

Dec 11, 2014

Chevron Corporation informed that Alexander B. Cummings Jr. has been elected to Chevron's board of directors, and he will serve on the company's Audit Committee.John Watson, chairman of the board and chief executive officer of Chevron said…

2H Offshore Appoints Hariharan

Dec 10, 2014

2H Offshore has appointed Madhu Hariharan as an additional director in its London office. Hariharan’s considerable riser engineering experience further strengthens the senior management team in the UK and will help develop 2H Offshore’s growing client base in Europe and the Middle East…

Cameroon Oil Output up 15%

Dec 09, 2014

Oil production in Cameroon rose 15 percent year-on-year to 22.69 million barrels by the end of October, according to the state oil firm, but output may double within the next two years as new fields come on line.Cameroon became a modest oil producer in 1977…

USMRC, ClassNK Ink Joint Research Deal

Dec 09, 2014

The United States Maritime Resource Center (USMRC) in Middletown, Rhode Island and ClassNK have announced the signing of a Memorandum of Understanding (MOU) laying out a framework for future technical cooperation to carry out joint research and development activities for the maritime industry…

Founder Retires From Stolt-Nielsen BoD

Dec 09, 2014

Stolt-Nielsen Limited has announced that Jacob Stolt-Nielsen, the visionary entrepreneur who founded the company in 1959, will retire from the SNL Board of Directors effective December 15, 2014, thus formally concluding his career at the company…

Unique System & HYPACK's Hydrographic Course in UAE

Dec 09, 2014

A division of the Unique Maritime Group (UMG) which is one of the world’s leading integrated turnkey subsea and offshore solution providers, Unique System FZE in conjunction with HYPACK Inc. has successfully conducted HYPACK’s hydrographic…

EMGS Wins 3D EM Contract with BG Group

Dec 09, 2014

Electromagnetic Geoservices ASA (EMGS) is pleased to announce that it has been awarded a contract from BG Group worth approximately USD 27 million for 3D EM data acquisition in Uruguay. 'We are delighted to start working for BG in Uruguay on this survey…

Congressman Introduces Bill Lifting Oil Export Ban

Dec 08, 2014

U.S. Representative Joe Barton will introduce a bill on Tuesday to lift the 40-year ban on exports of crude oil, but the measure has almost no chance of passing due to lawmaker concerns about fuel prices and costs to refiners.Barton, a Republican from Texas…

Crime DOES Pay: Denmark Compensates Suspected Pirates

Dec 08, 2014

Denmark has compensated nine Somalis suspected of trying to hijack a Danish ship in 2013 because they were detained too long before being brought before a judge, the public prosecutor's office said on Monday.Each defendant received $3,247 for the 13 days they were detained…

Congressman Farr, NOAA's Spinrad to Co-Chair OCEANS '15

Dec 08, 2014

The Local Organizing Committee of the OCEANS ’15 MTS/IEEE Washington, DC conference and exhibition announced that Rep. Sam Farr, co-chair of the House Oceans Caucus (HOC), and Dr. Rick Spinrad, National Oceanic and Atmospheric Administration (NOAA) Chief Scientist…

Energy Sector Volatility Affects Middle Market M&A Activity

Dec 08, 2014

Market volatility for the petroleum sector provides a backdrop to an evolving Merger & Acquisitions environment for the Offshore Sector.In the 3Q edition of Maritime Professional, this series of articles examined the overall evolution of maritime and offshore M&A activity since 2010…

Teekay On Board with RGU Ladies Football Sponsorship

Dec 08, 2014

Robert Gordon University’s (RGU) ladies football team has received a welcome boost this season with support from a leading energy operator. Norwegian-based company Teekay Petrojarl has agreed a $7,800 (approximate) sponsorship package for the team which has funded a new kit…

ASL Marine Announces Shipbuilding Contracts Cancellation

Dec 08, 2014

The Board of Directors of ASL Marine Holdings Ltd informed that its wholly-owned subsidiaries have reached a mutual agreement with customer on the rescission of shipbuilding contracts for two offshore support vessels.One of the vessels will…

Demobilization of ‘MTR‐2’ Tender Rig in Indonesia

Dec 08, 2014

Mainboard‐listed Mermaid Maritime Public Company Limited a leading provider of subsea and drilling services for the offshore oil and gas industry, would like to announce that it has received early termination of contract from its international…

Current News

Cavotec to Deliver Maldives’ First Shore Power System

AI-based Car Carrier Allocation System Launched

Panama Canal Launches Concession Process for Natural Gas Pipeline

South Africa's Transnet Agrees Equipment Deal with Liebherr

Subscribe for Maritime Logistics Professional E‑News