Deep Down, Inc. (OTC Bulletin Board: DPDW), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, announced that it has completed the design and has begun construction of a 3,200 metric ton Carousel System, which is scheduled for completion early in the third quarter of 2010. Upon completion the Carousel System will be located in the Gulf Coast, to facilitate the handling of umbilicals from transportation vessels onto the Carousel, and with the ability to store up to three separate steel tube umbilicals for projects in the region.
Ocean Installer appointed Michael Newbury as President for its U.S. office, located in Houston, Texas. The office has been established to cater for projects run out of the US. Entering his new position in April 2013, Michael Newbury brings with him managerial experience and track record from the U.S. subsea industry. He comes from a position as Vice President for Operations and Business Development with the U.S.-based subsea contractor Deep Down, Inc. and has senior experience from the U.S
ROV cable, umbilicals & tether designs showcased by Nexans at Oceanology 2012 Show Nexans, a worldwide expert in the cable industry, is at Oceanology 2012 to promote its wide range of cable solutions developed to meet the specific needs of workclass ROV manufacturers and operators. Nexans’ specialized ROV cable manufacturing facility in Norway can produce steel armoured umbilicals for vehicles commonly used for trenching, ploughing
Lerwick's importance as a gateway for Shetland’s communities and industries is underlined by an increase in passenger traffic, cargo handled and fish landed in 2014. Passengers were up 11.8% to 179,352, with numbers on the roll-on/roll-off nightly ferries between the port and Kirkwall and Aberdeen increased by 2% to 135,629 compared with the previous year, despite the two vessels being off-route in sequence for a total five weeks for biennial servicing
Statoil is the first operator in the U.S. Gulf of Mexico to adopt the Riserless Mud Recovery (RMR) system that reduces discharges to sea. This environmentally sensitive drilling solution has been used on the Discoverer Americas drill ship on the Statoil-operated Krakatoa prospect. "The RMR system allows us to circulate the mud, reducing the total mud consumption and discharges to sea to a quarter of the amount compared with conventional methods
The oil and gas expanded the offshore drilling frontier in the Gulf of Mexico. Already one of the most explored basins in the world, the Gulf of Mexico’s deepest hydrocarbon deposits will be auctioned off later this year, the result of political maneuvering in the waning moments of the last Congress. This new area will attract interest from companies with deep pockets and lots of patience, according to industry experts.
Aberdeen-based Deep Casing Tools, completes first operation of its 'Turbocaser' in the Norwegian North Sea, with a successful 21 hour reaming run. The Turbocaser™ Express is a high-speed drillable reaming system that enables drilling teams to land casings and intermediate liners at target depth first time. Two conventional attempts to run a 7” liner to total depth (TD) had been unsuccessful in the Statoil operated Gullfaks’ satellite well
The dockwise vessel M.V. Mighty Servant I is currently docked and preparing its deck to load the oil rig MODU Ocean Rover. The M.V. Mighty Servant I, a semi-submersible heavy lift vessel, will shift to Port Freeport’s deep-berthing area and ballast down to a depth that will allow the rig to float onto the deck of the ship. The rig arrived on November 18th at 11:45 a.m. and moored next to the monopiles at the deep water berth
By Naval Sea Systems Command Office of Corporate Communications Naval Sea System Command's (NAVSEA) Supervisor of Salvage and Diving (SUPSALV) performed an aircraft search and recovery of an EA-6B "Prowler," Aug. 17-20 near Guam. The recovery utilized the Navy's Remotely Operated Vehicle (ROV) "Deep Drone" operating from the Military Sealift Command's USNS Salvor (T-ARS 52). The EA-6B crashed into the Pacific Ocean in 6,500 feet of water Feb
Russian mini-submarines from the same class of a craft that was involved in a tense rescue operation at the bottom of the Pacific last year will be upgraded with new foreign-made equipment. Tenders would be held to give AS-28 mini-subs a radical overhaul using foreign-made submarine equipment and mobile systems based on Britain's Panther Command and Liaison Vehicle. The efforts follow an incident in the Bering Sea last August
U.S. drillers this week added oil rigs for a fifth consecutive week, Baker Hughes Inc said on Friday, but the oilfield services provider and some analysts cast doubts on a substantial recovery in drilling this year with crude prices heading for their biggest monthly loss in a year.
Owners anchoring ships rather than fix at low rates. W. Australia-China capesize rates hit over two-month low. Freight rates for large capesize dry cargo ships on key Asian routes are likely to hold steady as ship owners resist charterers' attempts to push rates lower amid a dearth of cargo
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Wednesday on weaker rates for larger vessels and supramaxes. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels
Russia's sixth Yasen-class nuclear submarine will be laid down at the Sevmash ship-building company in the city of Severodvinsk on July 29, reports RIA Novosti. The Navy currently possesses one Yasen-class submarine, the Severodvinsk
PAO Sovcomflot earned the Green Environmental Achievement Award from California's Port of Long Beach, recognizing the shipper for its ongoing commitment to environmental stewardship. The company was awarded for its fleet performance by the Port of Long Beach Green Flag Program in 2015
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Tuesday on lower rates for capesize, panamax and supramax vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels
DP World Limited handled 31.4 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals during the first half of 2016, with gross container volumes growing by 2.5% on a reported basis, and up 1.2% on a like-for-like basis.
Hyundai Heavy Industries (HHI) is notified by Samil PwC, a local member of the global accounting firm PwC, that its 3.5 trillion won worth management improvement plan is good enough for HHI to make operating profits and secure liquidity even in the worst case scenario.
C. Raymond Hunt Associates, a boat design firm that continues to expand on the legacy of its founder, C. Raymond Hunt, to produce innovative boats with rugged seaworthiness, is now celebrating its 50th year. “Ray Hunt was a genius
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Monday due to weaker rates across all segments, except handysizes. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels
China has set up a 15 million yuan ($2.25 million) environmental protection fund for the South China Sea having already spent double that in the past four years, the Xinhua state news agency said on Monday. The Permanent Court of Arbitration in The Hague ruled this month that China did not have
Ithaca Energy Inc. reports that the "FPF-1" floating production facility has completed the required inclination test as planned and departed the Remontowa shipyard in Gdansk, Poland. The vessel has been moved to a deep water location offshore Gdansk to undertake final marine system
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the third straight day on Thursday due to weaker rates for larger vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Wednesday due to weaker rates for capesize and panamax vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels
While U.S. ports have been busy, overall the beginning of the shipping season has been slower than anticipated. “Although the overall cargo numbers remain down when compared to the same time frame last year, in June we were above the five-year average,” said Betty Sutton