Oil & Gas
Brazil’s Inace Shipyard recently delivered the Siem Carajas, a 50m fast supply vessel (FSV), to Siem Consub. Designed by Guido Perla & Associates, Seattle, WA, the 50-meter by 10-meter Siem Carajas is an all-aluminum vessel,…
Gjerdsvika, Norway, headquartered Sanco Shipping AS has declared an option for a second 889.m x 21.5 m seismic vessel to be built at Kleven Maritime's Myklebust Verft shipyard in Norwy. The vessel, to be named…
Nigel McCue, CEO of U.A.E based Lamprell, says that a $227 million order from "a highly valued customer" for a LeTourneau Super 116E jack-up rig "further evidences the sustained demand for these rigs and the…
Covington, LA-based Hornbeck Offshore Services, Inc. (NYSE:HOS) reports results for the first quarter ended March 31, 2012 that included an increase in revenues of 66.0 percent to $120.0 million compared to $72.3 million for the…
Dockwise Ltd. says it "has engineered the most innovative semi-submersible heavy-lift vessel in history and redefined the limits of heavy marine transport with the design of the Dockwise Vanguard. Additionally, the Dockwise Vanguard has opened…
Classification society DNV has issued a new dedicated rule book for self-elevating units to guide designers and shipyardss. The rule book clearly explains the DNV and international regulations and standards.   Adaptations from the traditional…
Tanker giant Overseas Shipholding Group, Inc. (NYSE: OSG) reports results for the first quarter of fiscal 2012 ended March 31, 2012.that saw TCE (time charter equivalent) revenues of $214.0 million, an increase of $7.4 million,…
Cummins Inc. (NYSE: CMI) plans to produce dual fuel engines from 800 hp to 3500 hp (597-2610 kW) for high-horsepower markets. The first in the product portfolio, QSK50 Tier 2 for oil and gas well…
John Fredriksen's Seadrill says it continues to see strong demand for modern ultra-deepwater drilling rigs driven by high oil prices and large deep-water discoveries and increased development drilling. Specific interest, mainly from operators in West…
Cargotec has established a new offshore service center in Houston, Texas, which provides repair, upgrades and systems modernisations for rigs, vessels and platform operators. The center has a hydraulic test bed, which enables the repair…
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