PPL Shipyard, a subsidiary of SembCorp Marine has signed a rig building contract worth US$121 million with Wilsuperior Ltd, a subsidiary of Awilco Offshore ASA (AWIL) for the construction of a Baker Marine Pacific Class 375 Deep Drilling Offshore Jack Up Rig. The Construction Contract is an option that PPL Shipyard granted to Awilco Offshore ASA in May 2004 and which the later has now decided to exercise. The contract takes effect in June 2005. Construction of the jack-up rig is expected to commence in third quarter of 2005 with delivery scheduled in the second quarter of 2007. The Baker Marine Pacific Class (.BMC Pacific.) 375 Deep Drilling Offshore Jack- Up Rig is a proprietary designed developed and owned by Baker Marine Pte Ltd, a wholly owned subsidiary of PPL Shipyard. The jack-up rig, to be named Wilsuperior, will be equipped with a drilling package that will enable it to drill high pressure and high temperature wells at 30,000 feet whilst operating in 375 feet of water. It has accommodation for 120 men. Mr T. K. Ong, Managing Director of PPL Shipyard said .We are pleased that Awilco Offshore ASA has decided to exercise the option to build the second jack- up rig with us. Our confidence that more Baker Marine Pacific 375 Class jack-ups will be built is proving to be spot on. This is the sixth jack-up rig on order within a
Bisso Marine, provider of energy and maritime support services, announced the addition of John C. Baker as director of Quality and Compliance. Baker directs and manages the company’s ISO 9001:2008 Quality Management System and AWO RCP Safety Management System, including procedural development and auditing for compliance. Before joining BISSO MARINE, Baker served as manager of Corporate Quality and Compliance for Kirby Corporation
Elliott Bay Design Group is pleased to announce that Gwen Baker has joined the staff as a Marine Designer. Gwen is a recent graduate of the Marine Institute at Memorial University in New Foundland, where she received her Diploma of Technology in Naval Architecture. For her first project, Gwen will be preparing 3-D composite modeling for the 260 ft. offshore supply vessel that the firm has been working on for Hornbeck Offshore Services.
Germanischer Lloyd, Baker Lyman Sub-Chapter M Alliance brings affordable, turnkey TSMS solutions – and compliance – to towboat operators. When a family-owned, Gulf Coast based marine firm known primarily as a Chart Agent branches out into the world of maritime software, that’s big news. When a global, U.S. Coast Guard recognized vessel classification society acquires a world class survey and engineering firm to form a fully integrated technical consulting company
London-based law firm Lawrence Graham has appointed Charles Baker, an experienced maritime and trade lawyer, as a new partner. Baker, who has more than 25 years experience in maritime law, had previously been with Herbert Smith where he set up the Paris office of Holman Fenwick & Willan.
Baker Hughes Inc. will reportedly recognize a tax benefit of $20 million in the second quarter as a result of an agreement with the U.S. Internal Revenue Service to close the audit of the company's fiscal 1994 and 1995 consolidated income tax returns.
The ‘A’ rated, 150 million GT North of England P&I club has published new guidance for shipowners on how to avoid being caught out by the increasingly complex ‘patchwork’ of international trade sanctions currently in force worldwide. Writing in the club’s newsletter ‘Signals’, head of loss prevention Tony Baker says, ‘Trade sanctions are at the forefront of modern diplomacy and can be imposed by individual countries or supranational bodies
Mike Sumruld has been named Vice President and Treasurer of the giant oil-field services provider. "Mike brings more than 20 years of diversified financial expertise, international experience and a record of solid performance within Baker Hughes to his new role as Treasurer," said Peter Ragauss, Baker Hughes Senior Vice President and Chief Financial Officer. "We believe this depth of experience will enable him to interact very effectively with our external stakeholders
Baker Hughes Incorporated has today announced appointment of Kimberly A. Ross, as Senior Vice President and Chief Financial Officer (CFO) effective October 22, 2014. Ross currently serves as Executive Vice President and CFO of Avon Products, Inc. She served as Executive Vice President and CFO of Royal Ahold N.V. from 2007 to 2011 and held various other finance positions at Royal Ahold from 2001 to 2007. Ross earned a Bachelor of Arts degree in accounting from the University of
The number of rigs exploring for oil and natural gas in North America fell by eight during the week ending November 3, according to oil services firm Baker Hughes Inc. The number of rigs operating in the United States fell by six to 763 to 1,078 compared to 763 a year ago, while the number of rigs in Canada fell by two to 362, compared with last year's 336, according to Baker Hughes. In the U.S. Gulf of Mexico, the number of rigs searching for oil and gas fell by three to 148 compared to 113
President Mark D. Gordon appointed CEO, Greg Stemm becomes chairman as the company prepares for several monetization events and shipwreck projects Odyssey Marine Exploration, Inc., an in the field of deep-ocean exploration, has implemented its planned management transitions that were announced
The U.S. Coast Guard launched several assets in response to a report of a fire on board a natural gas drill platform in Cook Inlet Thursday. The Coast Guard diverted a Coast Guard Hercules HC-130 crew and an MH-60 Jayhawk helicopter crew to conduct an overflight of the Baker Platform in Cook
Volvo Penta allows operators to save on fuel, cut emissions and most importantly – get the job done, in a wide array of conditions and mission sets. Volvo Penta of the Americas is delivering fuel efficiency, reducing emissions and raising performance as it powers U.S
Petronas Carigali, the Exploration and Production subsidiary of the national oil company in Malaysia, has extended the contract for the jack-up rig Maersk Convincer by one year. Consequently, the rig will be on contract with Petronas until mid-November 2015
Thomas Paine, the new 50-ft. aluminum patrol boat that joined the Massachusetts Environmental Police fleet in July, is the first commercial vessel in North America to be powered by Volvo Penta IPS propulsion. Built by Metal Craft Marine Inc
Baker Hughes Incorporated announced that the Company's Chairman and Chief Executive Officer, Martin Craighead, will be making a presentation at the Barclays CEO Energy-Power Conference on Wednesday, September 3, 2014, at 9:45 a.m. Eastern time.
The Port of Pittsburgh Commission (PPC) announced today that Mr. Stephen Martinko will be the Commission's new executive director. Since January, 2013, Martinko has been the deputy staff director of the U.S. House of Representatives Transportation and Infrastructure Committee and previously
The North P&I club has warned its members to check their new ships very carefully before accepting delivery. The club said in the latest issue of its loss prevention newsletter Signals that it has become aware of several of instances of potentially dangerous poor construction in the
This year marks the 35th anniversary of Bordelon Marine. Established in 1979, the company said it has maintained a family-oriented culture and a positive presence in its community by continuing the long standing trust it has established with its vendors and employees alike.
The Great Lakes shipping industry is calling on Congress to quickly pass the Water Resources Reform and Development Act (WRRDA) approved by the House/Senate conference committee. The bill contains provisions that will significantly reduce the dredging backlog on the Great Lakes by increasing the
Baker Hughes Incorporated (NYSE: BHI) announced today that it has scheduled a conference call on Thursday, July 17, 2014, to discuss results for the second quarter 2014, ending June 30, 2014. The call will begin at 8:30 a.m. Eastern time
Oil and gas industry body, the Intervention & Coiled Tubing Association (ICoTA) European Chapter, has appointed Former vice-chair Kelly Murray as the new chair and vice-chair. Murray will be the first women to take the helm as chair of the organization in the chapter’s 20-year history
DNV GL’s new Phast 3D Explosions software module enables advanced 3D modeling, increasing both the accuracy and detail of the evaluations as well as information about the speed of vapor cloud explosion (VCE) analyses. Phast software is used to model safety aspects of design options
Baker Hughes Incorporated (BHI) has announced that the international rig count for January 2014 was 1,325, down 10 from the 1,335 counted in December 2013, and up 46 from the 1,279 counted in January 2013. The international offshore rig count for January 2014 was 302
Energy industry professionals will gather in Aberdeen this spring for the sixth European Sand Management Forum. The conference and exhibition, organized by the Society of Petroleum Engineers (SPE) Aberdeen Section and the Sand Management Network