Ocean Rig UDW Inc. a global provider of off-shore contract drilling oil services, today announced the following: On November 18, 2014, Ocean Rig’s $120 million loan to its majority shareholder, DryShips Inc. (―DryShips‖), was approved by…
Vessel performance monitoring and optimization solution ClassNK-NAPA GREEN was named the maritime industry’s top IT system by earning the IT Solutions Award at the International Bulk Journal (IBJ) Awards held at the Beurs-World Trade Center in Rotterdam on 17 November…
A range of telemetry products that support robust, long-distance wireless communications in challenging, large scale environments such as those found in oil and gas, agriculture, water systems, forestry and public infrastructures are outlined in the SignalFire Wireless Telemetry Product Catalog…
Brian Wynne has been named president and CEO of the Association for Unmanned Vehicle Systems International (AUVSI), succeeding the retiring Michael Toscano on January 12, 2015.Wynne is currently president of the Electric Drive Transportation Association (EDTA)…
Drydocks World (DDW) based in Dubai, UAE, has contracted Wärtsilä to design and supply the propulsion and other equipment for a new harbour tug that will operate on liquefied natural gas (LNG). This will be the first harbour tug in the Middle East region to operate on gas…
San Leon Energy, the AIM listed company focused on oil and gas exploration in Europe and North Africa, announces that it has spudded the Gierałtowice well, which is the second well being drilled in the Karpaty area in Poland.The Gierałtowice…
LUX Assure appointed Scott Rankin as its technical expert for the company’s chemical monitoring technology, CoMic.Rankin joined LUX Assure a year ago and has since taken part in specialist training and gained in-depth experience working with CoMic…
An international association has been created to facilitate and promote wind propulsion for commercial shipping worldwide.The founding members of a new association for the shipping industry have announced the establishment of the International Windship Association (IWSA)…
Drydocks World and Maritime World, the international providers of maritime and offshore services to the shipping, oil, gas, and energy sectors have been awarded the Best Oil & Gas Project Award for outstanding Project Excellence on the SOLAN Project…
Kalmar, part of Cargotec, has implemented the Kalmar SmartStack solution at Durban Container Terminal (DCT) in South Africa for real-time container inventory reporting and management. This is the first terminal to implement Kalmar SmartStack…
Voith has won the award for the best PR picture of the year at the “PR Bild Award 2014” (renowned award for PR pictures). Yesterday, on Thursday, the photograph of a Voith turbine runner was declared the winner of the “PR Bild Award”. The…
Cenovus Energy Inc , Canada's No.2 independent oil producer, said on Friday it has received regulatory approval for its Telephone Lake oil sands project, a facility that could eventually produce more than 300,000 barrels of oil per day.The…
American Sensor Technologies, Inc. (AST) has achieved ATEX certification of its Explosion Proof Pressure Transmitters for Class I Zone 0 Exd hazardous locations. The added approvals enhance the ability for equipment manufacturers to specify…
* Group revenue increased by 16.8% to US$ 96.8 million for 3Q2014, higher revenue across all the three business segments * Offshore Chartering, as the major revenue and profit generator, registered higher profit even as overall market…
* Working with Petrobras and BG Group to develop advanced technologies for oil and gas processing on the seabed* GE’s Brazil Technology Center to focus on subsea oil and gas research, capitalizing on $1.2 trillion offshore market opportunity…