Rig firm Fred. Olsen Energy and South Korean yard Hyundai Heavy Industries settle dispute over construction of semi-submersible rig Bollsta Dolphin. Shares in Fred. Olsen Energy up 17 percent at 0736 GMT on the news, after rising 37 percent at the opening of the Oslo bourse. Ownership of platform will be retained by Hyundai and arbitration proceedings associated with disputes have been terminated by consent. Fred. Olsen Energy's subsidiary firm Bollsta Dolphin will receive about $176.4 million from Hyundai of first installment paid by Bollsta. Reporting by Gwladys Fouche
As a division of Brown & Root Energy International, Services (BRES), SubSea International, Inc. has been awarded a contract to provide remotely operated vehicle (ROV) services to support Burlington Resources, Inc.'s drilling program in the Gulf of Mexico. Brown & Root Energy Services is a business unit of Halliburton Company. Operating from onboard semi-submersible Borgny Dolphin, SubSea International's ROV systems. include a custom-built heavy launch and recovery system
The 63,800 dwt bulk carrier 'Amber Champion' has been completed and named at the Chengxi Shipyard Co. A spokesperson for the shipbuilder addressed guests at the ceremony, and the following is drawn from that speech. The Dolphin 64 bulk carrier is an energy-efficient, environmental-friendly, and economic Supermax vessel. Not only does it have an index of each function much higher than the required baseline standards, but it also shows unparalleled economy over vessels of similar types.
Rig to cost $195 mln to upgrade vs earlier $125 mln; upgrade to be completed in June vs earlier view April. Firm's down 5.6 percent. Norwegian rig firm Fred. Olsen Energy said on Tuesday that an upgrade on one of its most important rigs would be more expensive and would take longer than earlier thought, sending its shares sharply lower. The Blackford Dolphin rig would cost $195 million to undergo "additional structural upgrades", which would be completed in June
ESS Support Services Worldwide, part of Compass Group, has won a new, three-year contract, worth £10.5 million, to provide hotel and catering services to Dolphin Drilling Ltd. Aberdeen-based ESS has worked with Dolphin Drilling since 2007, delivering food and housekeeping services on board the Belford Dolphin. This second contract, which commenced on June 1, 2014, will see the ESS team provide catering and hotel services to 180 people across seven levels of accommodation on board
A record dolphin die-off in the northern Gulf of Mexico was caused by the largest oil spill in U.S. history, researchers said on Wednesday, citing a new study that found many of the dolphins died with rare lesions linked to petroleum exposure. Scientists said the study of dead dolphins tissue rounded out the research into a spike of dolphin deaths in the region affected by BP Plc's oil spill that was caused by the 2010 Deepwater Horizon oil rig explosion.
BAM International and its South African joint-venture partner Stefanutti Stocks have been awarded the contract for the engineering, procurement and construction (EPC) of a petroleum jetty at the Kissy Oil Terminal of Freetown in Sierra Leone. It will take the joint venture approximately one year to design and complete the project for PetroJetty Ltd. The new petroleum jetty comprises a 240 metres steel trestle on steel piles, including a concrete offloading platform of 12 x 25 metres
Cruise ship passengers and tourists stopping in Gibraltar now have the opportunity to view the region’s dolphins and marine life from the comfort of a new Blyth Workcat. The 14-meter GRP-hulled boat has been acquired by Dive Charters Ltd. who own and operate Dolphin Adventure one of Europe’s largest dolphin watching organizations. The new Dolphin Adverturer II which can carry up to 70 passengers, has joined her sister ship Dolphin Adventurer which is a 50 seat 12-meter Blyth
Minoan Lines subsidiary Minoan Flying Dolphins added to a recent flurry of vessel acquisition with the purchase of 10 more ferries for an undisclosed amount, bringing its total fleet to 63 vessels. The ferries purchased are: Poseidon Express II, Pegasus, Milos Express, Papadiamantis, Poseidon Hellas, Aeas, Apostolos, Hellas, Aphaea and Aegina. Minoan Flying Dolphins' fleet includes 34 new technology ships, 25 of conventional technology, and four RoRo ships.
Two Norwegian oilfields were shut Wednesday amid fears that a stricken exploration rig might start dragging its anchors in high seas and threaten to crash into them. The North Sea Snorre and Vigdis fields, with a combined output of 260,000 bpd, closed after three of the rig's eight anchors broke free of the seabed in a storm which produced 55 ft. waves. About two-thirds of the rig workers were evacuated via helicopter, and no injuries were reported
Dr Andrew Garrad, who retired from DNV GL on 23 December 2016, has been awarded a CBE – Commander of the Most Excellent Order of the British Empire – in the 2017 New Year’s Honours List. The CBE rewards contributions to the arts and sciences as well as work with charitable
The Coast Guard rescued six people from grounded vessels in Atchafalaya Bay, Louisiana, Saturday. At 2:35 p.m. watchstanders at Coast Guard Sector New Orleans received a report from a private helicopter of a 17-foot johnboat with three people on board that was taking on water in the Atchafalaya
Norwegian offshore vessel owner Solstad Offshore has entered into contracts with Dong Energy Wind Power for two of its construction support vessels (CSVs). The first contract will see the CSV Rem Installer work for Dong Energy for a period of 23 months firm with a further six months
The United States is projected to become a net energy exporter over the next decade due to rising natural gas exports and falling petroleum product imports, the U.S. Energy Information Administration said on Thursday. While the United States has been a net energy importer since 1953
The Coast Guard rescued a jet skier Friday 25 miles east of Miami. Watch standers with the Seventh Coast Guard District Command Center received a personal locating beacon (PLB) notification at 12:59 p.m. and directed the launch of a Coast Guard Air Station Miami MH-65 Dolphin helicopter crew
The Coast Guard rescued Jonathan Mason and his 5-year-old daughter from their pleasure craft near the north end of Lake Borgne, Louisiana, Tuesday. Coast Guard Sector New Orleans watchstanders received a report at 4:10 p.m. from the St. Bernard Sheriffs Office that a 17ft pleasure craft was
A Coast Guard aircrew found the body of a 61-year-old fisherman Monday, after he was reported missing off Mustang Island earlier in the morning. The Corpus Christi Police Department notified Coast Guard Sector Corpus Christi watchstanders at 7:35 a.m
The Coast Guard medevaced a 28-year-old male aboard the fishing vessel Captain David 40 nautical miles southeast of Venice, Louisiana, Saturday. The Eighth Coast Guard District watchstanders received a report at 3:16 p.m. that Andrew Carl had been suffering from seasickness and had become
The Coast Guard medevaced a 36-year-old woman from the cruise ship Norwegian Dawn 110 miles south of Southwest Pass, Louisiana, Thursday. Coast Guard Sector New Orleans watchstanders received a report at 3:20 p.m. that a cruise ship crewmember, Shirlee Magsino
Coast Guard crews medevaced two men after they were struck by a pressurized object and suffered injuries aboard a tank ship about 20 miles off the Texas Point Wildlife Refuge Wednesday afternoon. The crew of the tanker United Ambassador contacted Coast Guard Marine Safety Unit Port Arthur
National Ocean Industries Association (NOIA) President Randall Luthi issued the following statement on the withdrawal of portions of the Atlantic and Arctic Oceans from future oil and natural gas leasing: “President Obama’s short sighted
The Obama Administration announced that it will ban offshore oil and gas development throughout much of the U.S. Arctic. Under the authority of a provision in a 1953 law, the decision designates "the bulk of the Arctic” indefinitely off limits.
Bureau Veritas has published a set of guidelines, NI 631 “Certification Scheme for Marine Renewable Energy Technologies”, addressing a broad spectrum of the needs of marine renewable energy (MRE) businesses and projects. The certification scheme covers:
GulfNav has marked another milestone by entering into strategic alliances with MENA ENERGY. The strategic alliances for mutual co-operation in ship acquisition, chartering and commercial management aims to set out a platform for the parties to have an enhanced commercial
Coast Guard and local fire department crews responded to a mariner who had become lost while attempting to walk back from his vessel after it went soft aground in the Charleston South Slough, Friday. An MH-65 Dolphin helicopter crew from Coast Guard Sector North Bend safely hoisted and