Conrad Shipyard and The Shearer Group, Inc. (TSGI) said that its design of a 4,200 horsepower LNG-powered towboat received “Approval in Principle” (AIP) from the American Bureau of Shipping (ABS).The boat is based on TSGI’s azimuth drive (Z…
The Sidney-based ROPOS Remotely Operated Vehicle (ROV) was recognized for its contributions to British Columbia’s marine sector by the prestigious award of the SS Beaver Medal on November 26th. The medal, forged from the salvaged remains of the 19th century Hudson’s Bay Company’s SS Beaver…
Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an international oil company worth USD 8 million for the provision of 3D EM data from EMGS's multi-client data library in the Barents Sea. 'This sale…
Amarcon, an ABB Group company, today announced that the company will deliver OCTOPUS-Onboard vessel advisory solutions to a total of three vessels owned by Norwegian oil service company OHT AS and Korean heavy cargo transporter DongBang.…
Schmidt Ocean Institute Selects Adonis AS Personnel Manager to Automate HR and Payroll Processes for Flagship Research Vessel.Adonis AS has announced that Schmidt Ocean Institute (SOI) has selected Adonis Personnel Manager (APM) to automate crew rotation and payroll for the R/V Falkor…
Professor Mark Randolph, Fellow of the Royal Society (UK), has been appointed to the recently announced ‘Fugro Chair in Geotechnics’ at the University of Western Australia’s Centre for Offshore Foundation Systems (COFS). The announcement was made at a ceremony held at the university…
Liquefied Natural Gas Limited informs that its wholly owned subsidiary, Magnolia LNG LLC (MLNG) has agreed to an EPC contract with SK E&C USA (EPC Contract) in relation to the Company’s Magnolia LNG Project. The Contract covers the initial 4 mtpa LNG installation…
Keppel Infrastructure Holdings Pte Ltd (KI), through its wholly-owned subsidiary, has signed an agreement for the sale of its entire stake in Keppel FMO (KFMO) to Cofely GDF SUEZ for a cash consideration of S$44.72 million, subject to a post…
Statoil has been recommended as Johan Sverdrup operator. Their agreement will be included in the Unit Operating Agreement (UOA), which is planned to be submitted to the authorities in February 2015 together with the Plan for Development and Operation (PDO)…
Sweden's Vattenfall will drop plans to build new nuclear reactors because a new government, which includes the Green Party, doesn't support them, the company said on Friday.The previous centre-right government overturned a policy of phasing out nuclear power…
Russia's rouble and shares hit new lows on Friday as oil prices collapsed after OPEC decided to leave its output unchanged despite heavy oversupply.At 1000 GMT, the rouble was around 2.2 percent below the previous close at 49.72 roubles per dollar…
Royal IHC (IHC) has today successfully launched Subsea 7's 550t pipelaying vessel, Seven Rio, at its shipyard in Krimpen aan den IJssel, The Netherlands. The naming ceremony was performed by Mrs Anelise Lara, Petrobras Executive Manager for the Libra Project…
Rolls-Royce has won a £12 million order to provide design, integrated power and propulsion systems and equipment for a highly advanced multipurpose service vessel for the Norwegian ship owner Myklebusthaug Management to be built at the Beşiktaş Shipyard in Turkey…
Classification society DNV GL recognised that E.R. Schiffahrt has retrofitted seven ultra large container vessels to meet the highest energy efficiency standards and improve its cargo capacity through the DNV GL Modification Excellence Award…
Norwegian ship builder Kleven has secured a new contract for a high specification, 116-metre long Expedition Support Vessel. The order is placed by Mr Graeme Hart, who currently has another vessel of the same type under construction at Kleven Verft…