Hercules Offshore, Inc. announced that it has entered into an agreement for the sale of eleven inland barge rigs, which includes three active rigs, eight cold stacked rigs, and related assets ('Inland Asset Package') for cash proceeds of approximately $45 million…
Newly founded IRM group Harkand has announced plans to buy Gulf of Mexico business Veolia Marine Services (VMS). The deal would add 150 onshore and offshore staff, based out of Houston, three dynamically-positioned multi-purpose vessels (MSVs)…
Aberdeen-based Bibby Offshore recently completed hyperbaric evacuation trials on its DSV fleet, which includes the Bibby Sapphire, Polaris and Topaz. Bibby is the first company to carry out this procedure on its entire fleet and the only…
Cargotec's MacGregor has received a EUR 22 million (US $28,369,261) order to deliver a 900-tonne active heave-compensated (AHC) MacGregor subsea crane to the South Korean shipyard, Hyundai Heavy Industries Co Ltd. The crane will be installed…
Oil and natural gas industry operations managers, health and safety managers, as well as plant and facility superintendents and engineers face increasing liability issues created by fires and explosions, according to a white paper released by Scorpion Protective Coatings Inc…
Pemex awarded Subsea 7's Mexican joint venture its second contract for work at the Line 67 Project in the Bay of Campeche, the E&C services company announced on 14 May 2013. The contract's value is estimated at US$90 million. The scope of work includes the engineering…
Ulstein Verft delivered Blue Thunder, the fourth of six medium-sized platform supply vessels of the PX121 design from ULSTEIN to Blue Ship Invest, on Monday 13 May 2013. Owned by Blue Ship Invest, a wholly-owned company in Ulstein Group…
With construction underway on the first ever Oblique Icebreaker, research specialist Aker Arctic Technology has unveiled a new version of a unique vessel type that will bring ice management and pollution control in thick, first-year ice to a new level…
MacGregor, part of Cargotec, has developed an offshore crane featuring three-axis motion compensation to carry out installations, repairs, maintenance and general service duties in the renewable energy and oil and gas markets A 74m infield…
GE’s Power Conversion business has announced the launch of a new supervisory system designed for remote monitoring and diagnostics of its drives, machines and control systems operating in the field. Visor Asset Management system improves GE’s unique integrated marine systems solution…
Technology is a big focus for Subsea 7 during OTC week, with a raft of speakers from the firm talking on everything from Pipe-in-Pipe (PIP) developments to deepwater solutions. The firm’s latest kit—including the Seven Borealis—is also on show at the firm’s booth (1641)…
GE’s Power Conversion business (NYSE: GE) announces that they are bringing enhanced operability to the company’s Dynamic Positioning (DP) system. The latest version, being launched at OTC, is more energy-efficient, better integrated, and—most importantly—more ’mariner friendly’…
In a move that could change the way the maritime industry views propulsion technology, GE’s Power Conversion business has increased its offshore systems portfolio with Inovelis, a podded thruster with unmatched fuel efficiency and overall performance…
Electromagnetic Geoservices ASA (EMGS) has signed a data licensing agreement worth USD 6.4 million for the provision of 3D controlled-source electromagnetic (CSEM) and magnetotelluric (MT) data from EMGS's multi-client data library in the Norwegian Sea…
Spectrum has announced the start of another Multi-Client 3D survey in the Levantine Basin offshore Lebanon. This new survey covers approximately 2,200 square kilometers and the acquisition will be performed by Polarcus using its 12-streamer vessel 'Adira'…
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