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BW Group May Sell Shares in Offshore Unit
Helmut Sohmen, chairman of BW Group Ltd. may sell shares in its offshore unit as producers order oil platforms to drill fields in deeper water, according to a Bloomburg report.
Seadrill Gets Contract Extensions
Seadrill has been awarded a contract by Total for extension of the production drilling assignment for the self-erecting semi-tender rig West Menang. The contract…
Naval Oceanographers, Aerographers Deploy With ESL
A team of naval oceanographers and aerographer’s mates from Fleet Survey Team and Naval Oceanographic Office (NAVOCEANO) located at Stennis Space Center, Miss., are currently aboard USS Emory S.
Report: 103 to 130 Floating Production Systems Over Next 5 Years
A new study by IMA calls for a major ramp up in orders for floating production systems over the next five years. The 125 page report issued in March provides a detailed…
Keppel Wins $270M Contract from GlobalSantaFe
Keppel FELS Ltd (Keppel FELS) has secured a contract with GlobalSantaFe Corporation (GSF) to build an ultra-deepwater drilling rig for $270 million. Under the contract agreement…
Africa Mercy to be Launched
A global charity operating a growing fleet of hospital ships will soon launch its newest Africa Mercy ship, which is expected to double the number of medical beneficiaries…
African Countries To Supply 30% Of World’s LNG by 2010
Nigeria, Libya and other African countries will supply 30 per cent of the world’s of Liquefied Natural Gas (LNG) by 2010, as against the present level of 12 percent…
Bourbon Sets Course for Massive Expansion
Bourbon plans to invest more than $1.7 billion in new vessel construction through 2010, according to the company’s CEO Jacques de Chateauvieux, who held a conference…
Emory S. Land Heads South for Deployment
As part of a larger U.S. interagency effort towards greater stability in Africa, approximately 1,400 Sailors and Marines aboard USS Emory S. Land (ESL) (AS 39) are…
CNOOC to Explore Waters off Guinea
CNOOC Ltd. signed a production sharing contract to explore for crude oil and natural gas and develop an area offshore of Equatorial Guinea. The contract area covers 2…
Kidnappers Attack Plant, Navy Ship
Militants holding nine foreign hostages in southern Nigeria attacked another oil facility today and blew up a military vessel in ongoing violence that has cut about…
Navy Patrol Corvette Launched
South Africa's first commissioned patrol corvette, first lady Zanele Mbeki, attended the official handover of the SAS Amatola , four years after christening and launching it in Germany.
Navy Patrol Corvette Launched
South Africa's first commissioned patrol corvette, first lady Zanele Mbeki, attended the official handover of the SAS Amatola , four years after christening and launching it in Germany.
Safmarine Enhances Reefer Technology
Ship owner and operator Safmarine’s new and improved reefer (refrigerated cargo) technology is providing transport solutions for produce previously considered to be unsuitable for shipment by sea.
VBSS Teams From Africa, Europe, U.S. Train Together
Visit, Board, Search and Seizure (VBSS) teams from Africa and Europe finished a week's worth of Maritime Interdiction Operations (MIO) training June 8 by conducting…
Shipbuilding Plan Features a Bigger Fleet
Chief of Naval Operations Adm. Mike Mullen submitted his long-range shipbuilding plan to Congress Feb. 7, designed to grow the fleet to about 313 ships – up from 281 today.
More Big Tankers, Lower Profits?
The abundance of big tankers, the very large crude carriers (VLCCs) of some 300,000 deadweight tons, makes several analysts express reservations about the projected revenues of the category this year.
i-Tech Announces ROV Build Program
Global contractor, i-Tech, part of Subsea 7 announced that it has placed an order for new build deepwater work class vehicles, which will be supplied with advanced…
Navy Seizes Suspected Pirate Ship
The Norfolk, Va.-based USS Winston S. Churchill (DDG 81) seized a suspected pirate ship 87 km (54 nm) off the coast of Somalia. The Navy says the vessel stopped…
Willbros Announces New Contracts, Sale of Opal Facility
Willbros Group, Inc. announced that business units in Canada, the United States, the Middle East and West Africa have been awarded multiple projects valued in excess of $175 million.