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
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 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
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
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
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
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
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
Inking the deal for the second Gulf Drilling rig: (From left) Mr Nobuo Makabe, Deputy Managing Director/General Manager of Gulf Drilling International; Mr Yousif Rashid Al Khater, Managing Director of Gulf Drilling International; Mr Tong Chong Heong, Managing Director/Chief Operating Officer of Keppel Offshore & Marine; and Mr Michael Chia, Executive Director of Keppel FELS. Keppel FELS Limited (Keppel FELS) won a contract to build a $130 million jackup for Gulf Drilling International Ltd
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
The U.S. Navy’s littoral combat ship (LCS) USS Coronado (LCS 4) has completed survivability testing off the coast of California on January 28 in preparation for the ship's maiden deployment later this year. The purpose of the Total Ship Survivability Trial (TSST) is to evaluate the
U.S. shipbuilder Huntington Ingalls Industries’ (HII) Newport News Shipbuilding division has begun testing the updated catapult systems aboard the U.S. Navy aircraft carrier USS Abraham Lincoln (CVN 72), which is nearing the end of its midlife refueling and complex overhaul (RCOH).
U.S. energy firms this week cut oil rigs for an eighth week in a row to the lowest levels since January 2010, data showed on Friday, as energy firms continue to cut spending due to the collapse in crude prices. Some analysts forecast the rig count will decline for a few more months before
Two of the major British players in Falkland Islands offshore oil development, Premier Oil and Rockhopper Exploration, cancelled a joint venture contract with Ocean Rig UDW. In June 2014, the companies entered into a contract with Ocean Rig for the provision of the Eirik Raude for
Singapore-based rig builder Keppel Offshore & Marine saw profits fall for last year along with revenues. It also revealed work had slowed on rigs being built for Sete Brasil with the Brazilian company not making payments in over a year.
Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has delivered Halul, a KFELS B Class jackup rig, to Gulf Drilling International Ltd. (q.s.c) (GDI) of Qatar. Completed on 21 January 2016, ten days ahead of schedule, and on budget
Further to Class News 33/2014 and 10/2015, SOLAS regulation XI-1/7 adopted by IMO Resolution MSC.380(94) will enter into force on July 1, 2016, requiring the carriage of an appropriate atmosphere testing instrument or instruments for enclosed space entry.
U.S. energy firms cut oil rigs for the sixth straight week, data showed on Friday, and were expected to shed more in coming weeks with three major U.S. shale oil companies slashing their spending plans after crude prices hit 12-year lows.
DNV GL has completed several tests using drones to support hull surveys of vessels. Using drones to visually check the condition of remote structural components has the potential to significantly reduce survey times and staging costs, while at the same time improving safety for the surveyors
Kalmar has received a large order for 27 straddle carriers from its long-term customer Maher Terminals LLC in Elizabeth, NJ. The order has been booked into Cargotec's 2015 third quarter order intake and deliveries are expected to be completed during the spring 2016
Parker Kittiwake, a leading global supplier of asset control and protection technology, has today announced a significant order of its recently launched Cat Fines Test Kit from leading ship management company, Norbulk Shipping. The contract was awarded to Parker Kittiwake following a competitive
The Panama Canal Authority (ACP) announced that sill reinforcements in the new locks have been completed this week, bringing the Panama Canal Expansion closer to inauguration. The filling of the Pacific-facing Cocoli Locks has already begun
The Unified Command is scheduled to conduct a dye test Monday in the Potomac River and Roaches Run Waterfowl Sanctuary near Arlington, Virginia, which may discolor portions of the river. As part of the ongoing investigation on the source of the oil sheen in the Roaches Run Waterfowl Sanctuary
Leading marine service provider, Marine and Towage Services Group Ltd. (MTS) has supported shipbuilder Damen during sea trials of its latest offshore cabling vessel, Maersk Connector. During the two-week testing period, MTS Vigilant, a Damen Shoalbuster
MAR Incorporated has named John Delia the Program manager for Ohmsett – The National Oil Spill Response Research & Renewable Energy Test Facility, succeeding Bill Schmidt who retired in December 2015. Delia was most recently with BAE Systems where he served as a Program Manager