USCG Cutter Sinks Japanese Tsunami Derelict
The crew of the Coast Guard Cutter Anacapa has successfully sunk the derelict fishing vessel Ryou-Un Maru 180 miles west of the Southeast Alaskan coast. The Anacapa…
Chevron’s Brazil Spill Legal Claims Rise to $22 Billion
Chevron Corp. and Transocean Ltd. are being sued for $22 billion in environmental damages in Brazil, double initial claims, after a federal prosecutor filed a second…
Somali Pirate Hijackings Increase to 15-Month High: AKE
Somali pirates hijacked 10 ships in March, the most since December, 2010, and may attack larger merchant vessels this month, AKE Intelligence said, Bloomberg reported.
Huntington Risks Losing $194 Million on Carrier’s Overrun
Huntington Ingalls Industries Inc. stands to loss as much as $194.3 million, more than 40 percent of its potential fee, under the Navy’s latest estimate of overruns for the USS Gerald R.
Varna Products Receives Export Achievement Certificate
Cameron Park, Cal. - Varna Products was recently presented with the United States Department of Commerce, U.S. Commercial Service, Export Achievement Certificate…
Humphree Introduces Its Smallest Interceptor Trim Tab
Humphree announced the release of a new smaller interceptor size, the 350mm interceptor. The 350mm interceptor extends the Humphree range of interceptor models downwards.
Gazprom Expands in Vietnam After Gaining Two Offshore Blocks
AO Gazprom, the world’s largest natural gas producer, plans to develop two blocks with Vietnam Oil & Gas Group off the coast of the Asian nation, Bloomberg reported.
IHC Merwede Nails Down Finance Agreement
A ceremony for the largest ever working capital guarantee issued by Atradius Dutch State Business – on behalf of the Dutch Government – took place on April 5, 2012…
Navy’s Top Officer Views Destroyer at Bath Iron Works
Admiral Jonathan Greenert toured the shipyard Wednesday, viewing assembled hull segments of the future USS Zumwalt. He also participated in a ceremony, marking the…
Newport News Shipbuilding Opens Doors for Area Students
Newport News, Va. - Huntington Ingalls Industries announced today that its Newport News Shipbuilding (NNS) division hosted 50 students and faculty from area high…
Cobham Takes a 25% Stake in Thrane & Thrane
Cobham announced on March 12, 2012 that it had withdrawn its proposal to the Board of Thrane & Thrane A/S regarding apossible recommended offer for Thrane & Thrane at a price of $73.72 (DKK420) per share in cash, as the Board of Thrane & Thrane felt unable to recommend its proposal. Cobham reserved the right to reconsider its position at any time. In that announcement Cobham commented that its strategy is to build market leadership positions in its strategic business units…
Fossil Fuels Still Attractive Despite Financial Crisis
New York - Demand for oil and natural gas continues to grow, despite the current economic downturn, indicating a positive future outlook for oilfield services, according…
Container Index Shows Large Hike in Asia-to-Europe Rates
London - Today’s Shanghai-to-Rotterdam container freight rate assessment from the World Container Index (WCI), a joint venture between Drewry and The Cleartrade Exchange…
EDF Will Win French Offshore Wind Projects: CEO
Electricite de France SA will win government contracts to build wind farms off the French coast, Chief Executive Officer Henri Proglio said during a press meeting in Paris, Bloomberg reports.
Belmet Boosts Productivity With Ongoing Investment
Cape Town, South Africa - In a move to bolster productivity and offer a broader range of solutions for its customers, Cape Town-based steel fabricator Belmet has…
Intertek Moody Secures Contracts for Inspection and Training
Intertek has secured more than £5 million of new contracts for oil and gas technical inspection, training and staffing in the last six months through its North Sea Moody businesses. Intertek acquired Moody International last year in a £450 million deal. The company is currently investing £15 million in new Aberdeen headquarters in Scotland for its energy services, and the Intertek Moody teams are among the first to move to the new premises.
Future Naval Force May Use the Strength of Titanium
ARLINGTON, Va. - Steel may have met its match: An Office of Naval Research (ONR)-funded project will produce a full-size ship hull section made entirely with marine-grade titanium…
GL Garrad Hassan Winner of Two DOE Grants
Hamburg, Germany – GL Garrad Hassan, part of the GL Group, has been awarded grants by the US Department of Energy (DOE) of $500,000 and $200,000 to fund two studies…
Incat Crowther Awarded Design Contract for Fast Supply Vessels
Incat Crowther announced that it has been awarded a contract to design a fleet of 48 m monohull Fast Supply Vessels (FSVs). A total twelve of these vessels will be built by ETP Engenharia Ltda., which has also recently delivered a pair of Incat Crowther 36 m monohull crewboats meeting the Petrobras P2 vessel specification. Six of the new FSVs will be owned by Baru Offshore Navegação, which is a Brazilian subsidiary of Intertug S.A., and the other six FSVs will be owned by Senior Navegação.
Technip Awarded Subsea Contract for the Gulf of Mexico
Technip was awarded a lump sum contract by Anadarko Petroleum Corporation for the development of the Lucius field, located in the Keathley Canyon area of the Gulf of Mexico…
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