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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


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


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


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


Keppel FELS Wins $130M Rig Order

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


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


Boskalis wins SponsorRing Award

Photo Boskalis

Royal Boskalis Westminster N.V. (Boskalis) was last night named winner of the SponsorRing 2016 award in the 'Society' category for its sponsorship of The Ocean Cleanup's North Sea prototype test. A floating barrier designed to capture plastic from the sea is being tested approximately 23 km off


Hurricane Exercise option over Drilling Rig

Logo

Hurricane Energy, the UK-based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, announces that, further to the rig contract amendments entered into with Transocean, the Company exercised its option over the Transocean Spitsbergen drilling rig on 25


Rigmarine Opens Aberdeen Facility

Photo: Rigmarine

Lifting and marine product specialist Rigmarine has opened its fourth global facility in the rural village of Insch, 30 miles to the northwest of Aberdeen, Scotland. The site, strategically positioned to serve the offshore oil and gas, renewables, construction, break bulk


France Worried by Russian Warships off Crimea Coast, Urges Restraint

France called for restraint between Russia and Ukraine after warships from Moscow's Black Sea Fleet took up position off Crimea's western coastline in response to the start of Ukrainian missile tests nearby. "France is concerned about the deployment of Russian warships off Crimea's


Retlif Celebrates US Aircraft Carrier Month

Photo: Retlif Testing Laboratories

Retlif Testing Laboratories, a provider of independent EMC and environmental testing, said it is celebrating National U.S. Navy Aircraft Carrier Month at all of its locations and laboratories. “U.S. Navy aircraft carriers have been deployed in every major conflict since World War II


Sea Sparrow Success

Photo: Royal Australian Navy

 HMAS Melbourne has launched an Evolved Sea Sparrow Missile in a test off the east coast of Australia recently.   The missile is a short range, self defence weapon, optimised for anti-ship missile defence.   In the recent test, Melbourne’s combat system tracked and engaged


JF Subsea Inspects Shell Oil Rigs with New ROV technique

Photo James Fisher Subsea

James Fisher Subsea implements innovative ROV methodology on six North Sea oil rig platforms for Shell UK James Fisher Subsea uses its unique ROV methodology on 6 of Shell UK’s platforms over four month period ROV inspection methodology removed the need for a vessel and reduced downtime


EPA Approves VapCor Cleanol HDW1 for ‘Safer Choice’ Program

The U.S. Environmental Protection Agency (EPA) has accepted VapCor Cleanol HDW1 into the Safer Choice program. This is a related program to Designed for the Environment (DFE) an environmental program run by the EPA that helps consumers, businesses and purchasers find products that perform well and


Anchor Handling Tug Supply Vessel Market Poised for Growth

File photo: Farstad Shipping ASA

The global market for anchor handling tug supply vessels is poised for growth from 2016-2020, according to a report by Research and Markets.   In the report, which covers the present scenario and the growth prospects market based on total revenue generated from the different geographical


US Drillers Continue to Add Oil Rigs -Baker Hughes

U.S. oil drillers increased rigs this week for a 21th week in the last 24, as energy firms follow through on plans to add rigs made months ago when crude was still trading over the key $50 a barrel level analysts said should lead to more drilling.  


Rolls-Royce, VTT to Jointly Develop Smart Ships

Photo: Rolls-Royce

Rolls-Royce and VTT Technical Research Center of Finland Ltd have announced a strategic partnership to design, test and validate the first generation of remote and autonomous ships. The new partnership will combine and integrate the two company’s unique expertise to make such vessels a


Maersk Drilling to Pilot GE’s Marine Data Analytic Tools

Image: GE

GE and Maersk Drilling have partnered for a data analytic-driven pilot project that aims to increase Maersk’s drilling vessels’ productivity and reduce maintenance costs by up to 20 percent.   The two companies have collaborated to deploy SeaStream Insight


Semi-submersible Rig Stena Don Hot Stacked

Photo: Semco Maritime

Stena Drilling has selected Semco Maritime’s facilities at Hanøytangen for a warm stacking of the offshore drilling rig Stena Don. The rig will be warm stacked at the Hanøytangen yard in Bergen, ready for future work, explains Business Development Manager Øistein


Saipem Rig Caught Fire off Norway, No Injuries Reported -Statoil

A fire broke out in an engine room on Saipem's Scarabeo 5 drilling rig in the Norwegian Sea on Tuesday, Norwegian oil company Statoil said in a statement.   All 106 crew were accounted for, and there were no reports of injuries, Statoil said.  


Fire under Control at Saipem Rig off Norway -Statoil

A fire in an engine room on Saipem's Scarabeo 5 drilling rig is now under control, Norwegian oil major Statoil said in a statement on Tuesday.   "There are no longer visible flames or smoke... and the situation is under control. We are now working on a final clarification and towards






 
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