International oil companies remain vital to the growth of Asian oil and gas industry. Asia still requires the injection of profit-driven innovation from international oil companies, sector leaders claim. Asia needs international oil companies…
Walter Cumming, head of oil and gas, Barclays Corporate, weighs in. The theme of cautious optimism remains as we move towards the end of the year and all eyes are on the 2012 budget as the industry hopes to see longer-term certainty and clarity in areas such as decommissioning…
Statoil has acquired a 30% participating interest in block 47 offshore Suriname from Tullow Oil. Tullow Oil operates the block 47 licence offshore Suriname with 100% working interest. Tullow will retain the operatorship and 70% working interest…
Yesterday’s well-attended ballast water policy teleconference briefing by the Canadian Minister of Transport served notice that Canada has no intention of allowing the state of New York to dictate ballast water regulations, nor impede commerce on the St…
The management of J.J. Sietas KG Schiffswerft GmbH u. Co. and J.J. Sietas Verwaltungs GmbH have filed a petition for insolvency at the Municipal Court Hamburg on 17 November 2011, due to over-indebtedness. Work on ships under construction will continue…
At the North American Marine Environment Protection Association’s annual Awards dinner, Royal Caribbean Cruises, Ltd. (which includes Royal Caribbean International, Celebrity Cruises and Azamara Club Cruises), the world’s second largest cruise company…
GIS Creates Integrated Data Workflow for More Efficient Chart Production. The National Oceanic and Atmospheric Administration (NOAA) has implemented a new nautical charting system based on Esri GIS technology to produce more navigational…
Inland Salvage Inc. Salvage Team members recently fought with high current Mississippi River conditions to refloat a sunken coal barge near Lake Providence, LA. The barge was fully loaded and headed south when it went down in March of this year…
Acquisition strongly boosts RINA offshore and port development services. By taking control of the D’Appolonia Group, a global engineering consultancy, international classification society RINA has increased its group turnover by almost 50…
An IADC Best Paper Award for a Young Author under the age of 35 was presented to Bas Borsje at the CEDA Dredging Days in Rotterdam on November 11, 2011, for the paper “Biogeomorphological Interactions on a Nourished Tidal Flat: Lessons Learned from Building with Nature”…
Safebridge Announces First Release of New Online E-Learning Courses for Type-Specific ECDIS Training and Certification. Safebridge GmbH, an e-learning company specializing in Internet-based training solutions for the maritime industry, today…
Gibbs & Cox won a Professional Services Agreement (PSA) with BAE Systems Ship Repair. The new PSA will allow any of the BAE Systems shipyards to contract directly with Gibbs & Cox for engineering services in support of their repair, fabrication and new construction work…
Modern corporate social responsibility should include measures to care for crew as well as the environment, says InterManager Secretary General Captain Kuba Szymanski. Discussing corporate social responsibility (CSR) at this year’s InterManager Annual General Meeting…
Established in 1988 by Rick and Valerie Sawin as Charleston’s Rigging and Marine Hardware, firm has played significant roles in supplying products to support the construction of the Arthur Ravenel Bridge, raising The Hunley, and now transitions to the next generation…
Bentley Systems acquired FormSys, based in Perth, Australia. This software development company has a proven, 20-year track record in 3D design, analysis, and construction software for structural engineering, offshore engineering, and naval architecture…