Hutton's has signed an exclusive contract to supply medical equipment and to provide annual survey services for Vector Offshore Limited.Vector's fleet of offshore support vessels operates out of Aberdeen and each uniquely carries two Autonomous…
Transocean Services AS, a wholly owned subsidiary of Transocean Ltd. (NYSE: RIG) (SIX: RIGN), announced an all cash voluntary offer for 100 percent of the shares of Aker Drilling ASA for NOK 26.50 per share. The Board of Directors of Aker Drilling…
As energy demand is rising again, the year 2011 marks a turning point in the oil & gas industry with increased investments in the entire value chain. Offshore Energy in Amsterdam (11 & 12 October 2011), clearly reflects the confidence that governs the industry today…
The Nautical Institute announces today that it is to expand its accreditation services. Members input, which has fed into the Institute’s current five year strategic plan, highlights that focus on competency and professionalism across the entire maritime industry is greater than ever…
Swire Oilfield Services, a provider of offshore cargo carrying units and associated services has appointed David Rae as sales director in line with its significant investment plans.Rae brings a wealth of knowledge and experience to the company…
The offshore construction vessel, Island Intervention, of the SX121 design from Ulstein was named. Shipowner Island Offshore has great expectations for the new vessel, which will carry out advanced operations in the Norwegian Sea this autumn…
Aker Solutions' operating revenues in the second quarter of 2011 were NOK 7.8 billion. Earnings before interest, tax, depreciation and amortisation amounted to NOK 636 million. Order intake in the quarter was NOK 14.3 billion.'We have a strong…
The next MTS Houston Section luncheon will be held on August 25 2011 and will feature a presentation by Paul Hillegeist, Quest Offshore. Paul will provide an overview of a new study released in July by the National Ocean Industries Association (NOIA) and the American Petroleum Institute (API)…
DNV’s summer students presented the results of seven weeks of intense and targeted work with a concept for year-round drilling and exploration offshore north-east Greenland. More than anything their work unfolded a massive need for new technologies…
China Offshore Oil Engineering Corporation (COOEC) signed a contract with SpecTec Asia Pacific East Ltd, SpecTec Group Hong Kong subsidiary. The contract is relevant to the supply of AMOS Maintenance and Procurement modules for six Offshore Support Vessels…
Statoil ASA and partners Petoro AS, Det norske oljeselskap ASA and Lundin Norway AS have made a high-impact oil discovery on the Aldous Major South prospect (PL 265) in the North Sea.Well 16/2-8, drilled by the Transocean Leader drilling rig…
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) announced today that Rob Shaw has been appointed to serve as Vice President, Controller and Principal Accounting Officer, effective December 1, 2011. Until Mr. Shaw assumes this position, Robert L. Herrin…
Keppel FELS Limited (Keppel FELS) secured a repeat order from Transocean Offshore Deepwater Holdings Ltd, a subsidiary of Transocean Ltd. (Transocean) for US$195 million. Following its order of two jack-up rigs from Keppel FELS on 17 February 2011…
Tidewater Inc. has announced first quarter net earnings for the period ended June 30, 2011, of $24.6 million, or $0.48 per share, on revenues of $254.6 million. For the same quarter last year, net earnings were $39.8 million, or $0.77 per share…
Keppel Shipyard Ltd has secured two contracts worth a total of S$146 million (over $120 million) to convert a Floating Production Storage and Offloading (FPSO) unit as well as to fabricate and integrate an external turret mooring system for an existing FPSO unit…