According to a report from the Offshore Magazine, Gulf of Mexico oil production is forecast to increase substantially over the next few years, possibly reaching 1.9 MMb/d in 2013 which would be a record high. This is MMS’ best-case scenario, which factors in industry-announced discoveries and undiscovered resources. (Source: Offshore Magazine)
AVEVA Group plc (LSE: AVV), provider of engineering design and information management solutions to the plant, power and marine industries, announced that Thai-based The Bangkok Dock Company (1957) Limited, and Indian- based SKA Marine Services Pvt Ltd. have concluded contracts for the use of AVEVA Marine solutions within their respective yards.
Trinity Marine Products has reached a long-term agreement to provide barges to Ingram Barge Company, the leading carrier on America's inland waterways. The contract calls for the construction of dry cargo units for a number of years. The terms were not disclosed except that the agreement protects Trinity with cost escalation coverage.
The Army Corps of Engineers, Coast Guard and towing industry announce the approval of the final version of the Waterways Action Plan. After nearly two years of research, development and collaboration, several individual river action plans have been consolidated into one comprehensive document, which incorporates the entire western rivers system. The purpose of this plan is to ensure safe and secure navigation along the western rivers
Eniram Ltd., provider of dynamic decision support systems for the shipping industry announced an agreement with Norwegian Cruise Line (NCL) to deploy Eniram’s Dynamic Trimming Assistant (DTA) in the entire NCL fleet of cruise vessels. Resulting from a pilot deployment on Norwegian Jewel, the agreement is the largest single deal yet for the Finnish-based Eniram. Eniram DTA helps vessel officers to optimize trim at all times, minimizing water resistance, decreasing fuel consumption
Significant cost and time savings achieved on projects using AVEVA PDMS. AVEVA, a provider of engineering design and information management solutions for the plant, power and process industries, announced ÅF AB, one of Sweden’s leading contractor and industry groups, will use AVEVA Plant as its principal design portfolio. ÅF AB has realised major cost and time savings using AVEVA PDMS for 3D design since it was first deployed in 2000
Current headquarters will be relocated to larger commercial space in San Diego, California. Boatracs Inc., a leader in providing integrated satellite communications and software solutions to the maritime industry, announced it has acquired a 12,500 square-foot office building in San Diego, California as a space for their Corporate Headquarters. Boatracs will occupy the building to house general operations, engineering
Globe Wireless, a provider of communications, operational and IT solutions to the maritime industry, announced the signing of a distribution agreement to sell Jotron B120 VSAT antennas to its maritime customers. This will be part of the Globe iFusion VSAT customized turnkey solution, combined with Inmarsat FleetBroadband, to provide high-speed broadband connectivity with true global coverage. The Jotron B120 is an innovative stabilized antenna offering a simple and clean
Huntington Ingall Industries subsidiary, AMSEC LLC, & Hanjin Heavy Industries sign ship repair, maintenance services agreement for Subic Bay yard. Huntington Ingalls Industries announce that its subsidiary AMSEC has signed an agreement with Hanjin Heavy Industries and Construction Philippines, Inc. (HHIC-PHIL), a subsidiary of HHIC Holdings Co., Ltd. to work together in providing maintenance, repair and logistics services to the U.S
Swissco Group expanding upstream into the offshore rig chartering business with the acquisition of Scott and English Energy. Scott and English Energy is in the business of owning and leasing mobile offshore drilling units and service rigs to support major oil and gas corporations in their exploration and production (E&P) activities. Operational synergies expected with the acquisition, providing Swissco Group with a diversified earnings base with stable, recurring income
Huntington Ingalls Industries announce that its AMSEC LLC subsidiary has been awarded a contract to provide maintenance, training and planning support for U.S. Navy aircraft carriers. The indefinite-delivery/indefinite-quantity (IDIQ), cost-plus-fixed-fee contract contains a one-year base
PPG Industries announced that it has reached a definitive agreement to acquire substantially all of the assets of Hi-Temp Coatings Technology Co., Inc., a privately-owned supplier of high-temperature-resistant and insulative coatings, based in Boxborough, Mass
From countries across the globe, including Australia, Canada, the U.S. and Europe, more than 500 exhibitors will be at Seawork International, the commercial marine exhibition and conference, opening on Tuesday, June 10 for its annual three-day run in the ABP Port of Southampton, U.K.
Huntington Ingalls Industries announced today it will conduct a study with Kinder Morgan Energy Partners, L.P. (NYSE:KMP) to explore redeveloping Huntington Ingalls Industries' Avondale shipyard in Louisiana. Since the July 2010 announcement to close Avondale
3sun Group, a specialist provider of products and services to the global energy industry, announced the acquisition of RRC Controls Services Ltd., based in Gourdon Aberdeenshire. The deal, worth a six figure sum, is part of 3sun Group’s plans to expand its footprint in Aberdeen and enhance
Veson Nautical, a developer of software that propels the commercial maritime industry, announced the opening of a new office in London, just steps from London Bridge. The new office will serve as a headquarters for Veson Nautical in Europe, the Middle East and Africa, and will house dedicated sales
Huntington Ingalls Industries announce that the amphibious transport dock 'Somerset' (LPD 25) has returned from successful U.S. Navy acceptance sea trials. The company's ninth ship in the San Antonio (LPD 17) class returned to the company's Avondale facility following three days of at-sea
Huntington Ingalls Industries announced that 10 employees were among those recognized for achievements in the fields of science, technology, engineering and math (STEM) during the 18th annual Women of Color STEM Conference. 8 award-winners represented the company's Ingalls Shipbuilding division
The American Waterways Operators, the national trade association representing the U.S. tugboat, towboat and barge industry, announced today that it has launched a new website designed to increase public awareness and foster greater knowledge of the industry’s key contributions in the areas
Environmental Drilling Solutions (EDS), a provider of drilling waste management, solids control and backyard management solutions to the oil and gas industry, announced two senior-level additions to its management team: John Meckert as chief executive officer (CEO) and John Marty III as business
PPG Industries announced that Diane M. Kappas has been appointed vice president, Americas, for the protective and marine coatings (PMC) business, effective Dec. 1. The company also announced that Jane Valenta has been appointed to Kappas’ previous role of vice president, environment
Two AHTS (80 metric ton bollard pull with dynamic position capability) One 36 meter fast utility/crew boat with option for a second vessel Continues its fleet renewal and expansion program to capitalise on strong demand for offshore support vessels
The American Waterways Operators, the national trade association for the tugboat, towboat and barge industry, announced that Jennifer Carpenter, AWO’s Senior Vice President – National Advocacy, has been promoted to the new position of Executive Vice President, effective immediately.
PPG Industries announced that Shelley J. Bausch will join the company as vice president, global industrial coatings, effective Jan. 16. She will report to Viktor Sekmakas, PPG executive vice president. “We are delighted to welcome Shelley to PPG," Sekmakas said
Subsea Industries announced a new product for filling and building up a corroded and pitted steel surface to its original form prior to recoating with Ecoshield. According to the manufacturer, Ecofix is as tough as the steel itself, machinable and can be used to repair most pitting or corrosion