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ABB to Buy UK's Dynamotive Ltd.

ABB to acquire the Coalville, UK-based manufacturer of  drives, controls and motors for industrial and marine applications & automotive test rigs. Dynamotive has about 40 employees and is privately owned. ABB says its owners will continue to work for them. “The acquisition of Dynamotive will enable ABB to expand its service operations including upgrade and retrofit capabilities in low and medium voltage drives. Furthermore, it will help ABB to increase its sales of complete industrial motion packages, which include drives, motors, controls and related services,” said Pekka Tiitinen, head of ABB's Drives and Controls business unit. “By combining Dynamotive’s service and engineering capabilities with ABB’s manufacturing capabilities and product know-how we will better serve our customers." Dynamotive will be integrated into ABB’s Drives and Controls business unit, led in the UK by Neil Ritchie. ABB is one of the world’s largest manufacturers of electric motors and drives. Drives adjust the speed of electric motors to match the actual demand of the application thereby improving productivity and energy efficiency. “We are excited about the opportunity to join forces with ABB. We are confident that our customers and employees will benefit from the increased level and quality of services that we can offer them,’’ said David Perkins, Dynamotive’s managing director


Extension of drilling contract for Bredford Dolphin

Fred. Olsen Energy ASA has, via its subsidiary, Dolphin Drilling Ltd, received notification of a contract extension from Agip Gas BV for the semi-submersible drilling rig Bredford Dolphin. The rig has been operating offshore Libya since March 2003. The extended contract is on the same terms and conditions as the current contract and includes a rig rate of approximately $64,000 per day. The extension period covers the time to drill one additional well and test and complete five sub sea wells


Keppel Deliver KFELS B Class Jackup

Keppel FELS Limited (Keppel FELS) will deliver a jackup to a wholly-owned subsidiary of SeaDrill Management (SeaDrill) on time and within budget. This is the third KFELS B Class rig that Keppel has completed within the first four months of 2006. During the christening ceremony of the jackup on April 21, 2006, Mr Choo Chiau Beng, Chairman & CEO of Keppel Offshore & Marine Limited (Keppel O&M), shared with the 300-strong guests


PPL Shipyard Wins $134M Rig Contract

PPL Shipyard, a subsidiary of SembCorp Marine signed a rig building contract worth $133.7 million with PT Apexindo Pratama Duta Tbk (.Apexindo.), the largest Indonesian oil & gas drilling company for the construction of a Baker Marine Pacific Class 375 Deep Drilling Offshore Jack Up Rig The Baker Marine Pacific Class (.BMC Pacific.) 375 Deep Drilling Offshore Jack Up Rig is a proprietary design developed by Baker Marine Pte Ltd, a


COSL Takes Delivery of New Semisub

COSL’s deepwater semi-submersible drilling rig COSL Prospector delivered

  China Oilfield Services Limited saw successful delivery of the deepwater semi-submersible drilling rig COSLProspector it invested in and commissioned to build in Yantai, Shandong today. This rig has adopted the latest marine engineering design concepts in the world and has mets the world’s most stringent regulations and requirements. It can perform operations in hectic environments. COSLProspector has adopted the world’s most advanced energy management and


Alps Named Distributor of Petersen Stainless Rigging

Chicago based Alps Wire Rope Corporation has been appointed as a distributor for U.K.-based stainless steel shackle and wire rope fitting manufacturer Petersen Stainless Rigging Ltd.   Stock is currently being held for immediate delivery from Alps’ Houston location of Petersen’s high-strength ‘PH’ stainless steel lifting shackles. All Petersen stainless lifting shackles are proof-load tested


GOM Well Fire Addressed

Callon Petroleum Co. reported that all equipment and manpower were in place to bring the fire on its South Marsh Island Block 261 well in the Gulf of Mexico under control. Sunday afternoon Callon experienced a natural gas blowout while drilling the No. 2 test well at Block 261, located about 70 miles south of Lafayette, La. At the time of the incident all personnel were safely evacuated from R & B Falcon Corp. R & B Falcon/Cliffs Drilling Rig No. 153, which was drilling the well


Oil & Gas Sector Growth to Continue to 2012

Record high oil prices have sent the shares of companies in the offshore and marine sectors rallying up an average of 16.5 percent year-to-date. But analysts spoke to say there is still upside potential, citing factors like strong demand for offshore rigs, which may result in the order books of key beneficiaries like Keppel and SembCorp pushing out to 2012 and beyond. The Singapore stock market may have repeatedly tested new highs in recent weeks


DG Shipping Recalls 27 ONGC Supply Vessels

The Directorate General of Shipping (DG, Shipping) has asked India’s biggest oil explorer Oil and Natural Gas Corporation (ONGC) to recall 27 of its 46 supply ships for undergoing safety audits immediately. The DG Shipping directive, which could lead to the disruption in oil production, has come within days after an ONGC-chartered ship, Samudrika-10, sunk off the Mumbai coast, killing five people on board. In a notice dated July 11 to ONGC


LGH/ITI Team Up for Rigging Training

Photo: LGH

Lifting Gear Hire (LGH) and Industrial Training International (ITI) have partnered to offer training for prospective rigging students. ITI will offer both network training courses – Rigging Gear Inspector Levels I & II and Lift Director & Critical Lift Planning – to students, faculty and seasoned professionals alike. Both courses will be taught inside Lifting Gear Hire’s warehouse in Bridgeview, Ill


Transocean's contract backlog $11.3 Bln on February 9

Ultra-Deepwater Rig Photo Transocean Ltd

Transocean Ltd. (NYSE: RIG) today issued a quarterly Fleet Status Report that provides the current status of and contract information for the company's fleet of offshore drilling rigs. As of February 9, 2017, the company's contract backlog was $11.3 billion.


US Drillers Continue to Add Oil Rigs

U.S. energy companies added oil rigs for a 14th week in the last 15, extending a nine-month recovery as drillers take advantage of crude prices that have held mostly over $50 a barrel since OPEC agreed to cut supplies in late November.  


Furuno Delivers 43 STM Systems

Photo courtesy of Furuno

Furuno, will provide 43 ships with Sea Traffic Management-compatible on-board systems. Tero Airissalo, Sales & Marketing Manager at Furuno explains: “Furuno is striving to be among the first with new technology and solutions. We recognize the long-term benefits of STM in the form of


Eighth Lamprell Rig for NDC

Courtesy Lamprell

Lamprell announces the completion of construction on a further jackup drilling rig, the “Al Hudairiyat”, and its delivery to Abu Dhabi’s National Drilling Company (“NDC”), within budget and as scheduled. Completion and delivery of the jackup rig was marked at an


Panama Certifies Japanese Scrubber System

Ambassador Diaz of Panama presents the certificate (Photo: K Line)

For almost a year Kawasaki Kisen Kaisha, Ltd. ("K" Line), Mitsubishi Heavy Industries, Ltd. (MHI) and Mitsubishi Kakoki Kaisha, Ltd. (MKK) have been performing tests aboard an operational ship of a newly-developed "Hybrid SOx Scrubber System" for removing sulfur oxides (SOx)


Iridium Successfully Launches First Iridium NEXT Satellites

Photo: Iridium

Iridium Communications announced the successful launch of its first ten Iridium NEXT satellites.   The satellites were delivered into low-Earth orbit approximately one hour after the SpaceX Falcon 9 rocket lifted off from Vandenberg Air Force Base in California at 9:54:39 a.m. PST


InterDam Debuts fire, blast resistant panel for Offshore

Test being conducted on the new pre-fabricated fire and blast resistant panel Photo InterDam

InterDam, supplier of fire and blast doors, walls and windows to the offshore Oil & Gas and Renewable sectors, is in the final stages of testing a new pre-fabricated fire and blast resistant panel.   Called the Generation V, this new product comes hot on the heels of the company’s


Reduce Costs, Time and Risk of DP Operations

DPSS Net (Photo: Vessel Technology)

Vessel Technology has announced the launch of a new product, the DPSS Net.  The new DPSS Net product aims to allow customers to reduce operating costs, time and risk associated with Dynamic Positioning operations.   The DPSS Net allows network storm tests to be carried out to


Gaylin Plans for Growth in Vietnam

Heavy lift slings being mobilized for a short-term rental project from Gaylin’s Vietnam facility (Photo: Gaylin)

Singapore-headquartered Gaylin, a specialist supplier of lifting, rigging and marine equipment, said it has initiated a plan aiming to reposition its Vietnam facility to address changing trends in the local oil and gas, refining and chemical plant sectors


Keppel Shuts Down Three Yards in Singapore

Photo: Keppel Offshore & Marine

 Keppel Corp, the world's biggest oil rig builder, is still hard hit by the downturn in the oil industry and will now shut down three yards in its homeland.   Singapore-based offshore company Keppel reduced its direct work force by about one third


Gas Turbine Passes FAT for Italian Navy Ship

Photo: Rolls-Royce

Rolls-Royce said it has achieved a milestone for the Italian Navy’s new Landing Helicopter Dock (LHD) multi-purpose amphibious vessel, to be built by Fincantieri one of the world’s largest shipbuilding groups, by successfully completing the factory acceptance test for the


Quicker and Easier Man Over Board Retrieval

Image: MOB Lifesavers

One and a half ton strong hi-visibility grab line floats on water immediately a lifejacket is activated, for easy retrieval using manpower, passerelle or lifting equipment   All lifejackets are fitted with a lifting becket, which in comparison with the size of body in rough seas


Diamond Offshore Sees Recovery when Oil 'Well over $60'

Photo: Diamond Offshore Drilling Inc

Rig contractor Diamond Offshore Drilling Inc's Chief Executive Officer Marc Edwards said on Monday oil prices needed to be "well over $60" to spur a recovery in offshore drilling.   The company's shares reversed course and were down 2.3 percent at $16


Sound Energy: Badile Rig Contract - Payment using Equity

Photo Sound Energy

Sound Energy, the African and European focused upstream gas company, announced on 29 November 2016, that the terms of the contract for the use of Pergemine S.p.A ("Pergemine")  3000 HP EMSCO C3 rig for the drilling of the Badile exploration well (the "Rig")


Why Is Fuel Testing Important?

© Oleksandr Prykhodko / Adobe Stock

Ship operators shuld make on board fuel testing an operational necessity, urges Wilhelmsen Ships Service (WSS).   There are a host of issues, which can arise with both traditional heavy fuels and modern low sulphur distillates that, if left unchecked






 
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