Nicolas Malgrain appointed executive vice president of Bourbon; joins group’s executive committeeAt a meeting on November 4, Bourbon’s board of directors appointed Nicolas Malgrain as executive vice president effective December 1, 2014. He will be in charge of the group’s strategy…
DryShips Inc. an international provider of marine transportation services for drybulk and petroleum cargoes, and through its majority owned subsidiary, Ocean Rig UDW Inc., or Ocean Rig, of offshore deepwater drilling services, today announced…
The Port of Tallinn has signed contracts with Remontowa Shipbuilding and Sefine Shipyard shipbuilding facilities for the construction of four new car-passenger ferry boats to be used on the lines between the mainland and major Estonian islands…
The gigantic Johan Sverdrup field, one of the most profitable industrial projects in Norway over coming decades, will provide enormous value.Construction of the first phase may lead to 51,000 man-years related to Norwegian deliveries, and…
ExxonMobil has signed an agreement to become a founding member of the MIT Energy Initiative (MITEI), a unique collaboration aimed at working together to advance and explore the future of energy. MIT President Rafael Reif and TJ Wojnar, Jr…
Last Friday (10/31) Petrobras and PPSA (Pré-Sal Petróleo S.A.) signed a Production Individualization Agreement (PIA) for the Tartaruga Mestiça field, in the southern part of the Campos Basin. This Agreement sets out the rules for joint production…
Around 66 students from universities across Scotland will compete to be named the 2014 Energy Apprentice in a competition organized and hosted by the Society of Petroleum Engineers (SPE) Young Professional Aberdeen Section Committee.Sponsored by Total…
Three tugs of Fairmount Marine have towed the brand new FPSO Petrojarl Knarr from South Korea to Norway in just 61 days. Petrojarl Knarr, one of world’s largest floating production and storage units (FPSO) for harsh environments, was delivered in the port of Haugesund…
Electromagnetic Geoservices ASA (EMGS) has received a letter of intent worth USD 7.0 million from an oil company for 3D EM data acquisition in Thailand and Myanmar. 'This is the first time we operate for this customer and also the first…
Five members of a tugboat crew are missing after a collision with a merchant ship about 9NM off Tanjung Gelang yesterday (30 October). One crew member was rescued by fishermen.A search and rescue operation found debris, an oil slick and a life buoy about 4…
IMarEST has announced its acquisition of Plymouth University’s Hydrographic Academy (HA).Launching on November 1, the new venture – Marine Learning Alliance Ltd. – will see IMarEST experts and HA academics develop a new suite of e-learning…
During meetings held at the China International Diving, Salvage and Offshore Summit 2014, a Cooperation Framework Agreement was signed between the International Marine Contractors Association (IMCA), the Association of Diving Contractors International (ADCI)…
Ensco plc today reported earnings per share from continuing operations of $1.93 in third quarter 2014, up 16% from $1.66 in third quarter 2013. Adjusted for a $0.06 per share gain on the sale of four jackup rigs, third quarter 2014 diluted earnings per share from continuing operations were $1…
A consortium has been participating in an experimental offshore floating wind farm project sponsored by the Ministry of Economy, Trade and Industry since March 2012. Preparatory works for the installation of the 7MW oil pressure drive-type…
Libra consortium reports that drilling the first well in the area extension of Libra, the 3-BRSA-1255-RJS (3-RJS-731), confirmed the discovery of good quality oil in the northwestern part of the structure .Well, informally known as NW1…