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Deep Down Constructs Carousel System

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 Appoints Head for New U.S. Office

Michael Newbury. Photo: Ocean Installer

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


Oil, Gas Industry Push Deeper

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.


Environmentally Sensitive Drilling Solutions

Photo courtesy Statoil

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


ROV Cable Solution for Deep Ocean Research

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


Hi-speed Subsea Drill Reaming System Success

Statoil G-4 AHT2 rig floor: Photo credit Deep Casing Tools

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


Russian Navy Upgrades Subs

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


M.V. Servant I and Ocean Rover Utilize Port Freeport

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


Port Terminal Proposal Rejected

Transport Minister Tony McNulty accepted the recommendation of the Dibden Bay Inquiry Inspector to turn down proposals for a new container terminal on Southampton Water. This decision was based on the individual merits of this application. Associated British Ports proposed to build a 1.85 kmlong, six berth deep water quay at Dibden Bay covering some 240 hectares of the site, known as the Dibden Reclaim, and taking some 76 hectares of intertidal foreshore


NAVSEA's Salvage Engineers Recover Plane Materials

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 Navy Expansion Gathers Momentum

Borey-class submarine: Photo Russian Navy

The Russian Navy celebrates its professional holiday by putting two new submarines into service and expects a new warship in the fall and several additional ships for its Black Sea Fleet off the Crimean coast in the next three years, reports official news agency Ria Novosti.


Offshore Installation at Lerwick

Lerwick port

  A large steel oil storage tank to be installed west of Shetland as part of Premier’s development of the Solan field has arrived in Lerwick onboard a heavy-transport vessel Xiang Yun Kou, to make use of the port’s deep-water quays and anchorage.


Location of New Port Expansion Projects: Analysis

Container terminal: Image courtesy of APM

When it comes to port development, many governments now favour letting the market decide where expansion should take place, whereas most other transport infrastructure, such as roads and rail, remains centrally managed. The problem is that old habits die hard in shipping


Marseilles Fos Reports Mixed First Half

Photo: Marseilles Fos

First-half container traffic at leading French port Marseilles Fos totalled 583,287 teu – up 7% on the first six months last year - marked by a 10% increase at the deepsea Fos terminals. Dry bulk and cruise passenger volumes also rose significantly, the port announced today


Japan Typhoon Weakens, Heads to Main Islands

Typhoon Neoguri: Image USNRL

Torrential rains from a weakened but still dangerous typhoon battered Japan's Okinawa islands on Wednesday, leaving two dead and threatening widespread flooding as the storm headed for the nation's main islands. Typhoon Neoguri, a super typhoon as it bore down on Okinawa this week


Fugro Warns of Disappointing First Half

Dutch marine services company Fugro NV has warned that weakness in the oil and gas industry, combined with technical difficulties, meant its results for the first half would fall short of expectations, hammering its shares. Fugro, involved in the search for Malaysia Airlines' missing flight


Shipping loan losses hit Norwegian bank DNB's earnings

Q2 net profit NOK 4.65 bln vs f'cast NOK 4.77 bln; loan losses NOK 554 mln vs fcast NOK 398 mln. Bank on schedule to fulfill capital requirements, but shares down 4.6 percent, Swedish bank shares lower. Higher-than-expected loan losses in the shipping sector ate into DNB's second-quarter


Nautical Chart Updated for Charleston Harbor

The red lines (not included on the actual chart 11525) show the limits of the old chart.

The new nautical chart 11525 extends eastward, to cover an additional pilot boarding area for vessels headed to the Charleston Harbor. Ships entering the Port of Charleston will have a new and improved nautical chart that covers a larger area to ensure safer navigational approaches into the


DNV Petroleum Services Unveils New Name

vps.jpg

DNV Petroleum Services’ (DNVPS) independence from Det Norske Veritas (DNV) less than a year ago led to the creation of Veritas Petroleum Services (VPS), a new entity that continues to retain its global leadership in fuel management services and enduring collaborative partnership with DNV GL


Port of Antwerp Maintains Growth Trend

Antwerp port

  The port of Antwerp handled 98,229,046 tonnes of freight in the first six months of 2014. That is 2.7% more than in the same period last year, itself already a record year. Container freight once more contributed good growth figures, while liquid bulk too continued the upward trend.


Cameroon Cocoa Exports Down from Last Year

Cameroon, the world's fifth cocoa grower, has exported 152,941 metric tons of cocoa beans from the start of the 2013/14 season to end-June, down from 203,220 metric tons in the corresponding previous season, the National Cocoa and Coffee Board said on Thursday.


Mexico Puts Gulf Deepwater Oil Treaty with US into Effect

Mexico on Friday put into effect an agreement signed in 2012 with the United States to allow companies to exploit deep water oil resources in the Gulf of Mexico that straddle the countries' maritime boundaries. The deal, published in the government's gazette


Kleven Shipbuilding Wins IES Pioneer Contract

Image courtesy of Kleven Shipbuilding

Norway’s Kleven announced it has signed a shipbuilding contract with Malaysian based joint venture company IES Pioneer Ltd. The vessel is of Norwegian design company MarinTeknikk’s MT 6015 MPSV design and will be outfitted with a crane, helideck and FiFi II


General Dynamics Gets $67mi Order from Peruvian Govt.

  The Peruvian Ministry of Defence has awarded a USD$67 million contract to General Dynamics Land Systems-Canada for 32 Light Armoured Vehicles (LAVs) for the Peruvian Marines. General Dynamics Land Systems, the Canadian company's parent corporation, is a business unit of General Dynamics


Study: An Arctic Oil Well Blowout Could Spread More Than 1,000km

Oil from a spill or oil well blowout in the Arctic waters of Canada's Beaufort Sea could easily become trapped in sea ice and potentially spread more than 1,000 kilometres to the west coast of Alaska, a World Wildlife Fund study showed on Friday.






 
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