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Offshore O&G: Cuts, Delays in Norway as Costs Soar
More oil and gas projects in Norway could be put on hold because of rising costs, adding to a growing list of developments that have been delayed or called off, Bente Nyland, the head of the Norwegian Petroleum Directorate said on Thursday.
War of Words Drive Crude Higher
Putin warns of 'consequences' of Ukrainian army actions Brent crude futures rose by more than a dollar a barrel on Thursday as mutual accusations of aggression by Ukraine and Russia raised concerns over future oil supplies, while strong U.
Mammoet Uses World’s Biggest Crawler Crane to Install Legs on Ship
Mammoet, a global company in engineered heavy lifting and transport, said it is currently employing its LR13000, the biggest crawler crane in the world, to install four platform legs on Van Oord’s newest wind turbine installation vessel, the Aeolus.
Shipbuilding
Reps. Byrne and Palazzo Visit Ingalls Shipbuilding
Reps. Bradley Byrne, R-Ala., and Steven Palazzo, R-Miss., visited Huntington Ingalls Industries'
Damen Opens JV Yard in Vietnam
On March 20, 2014, Vietnamese Minister of Transport Nguyen Hong Truong, cut the ribbon for the
HHI to Deploy 3DEXPERIENCE Design Platform
Hyundai Heavy Industries Selects Marine & Offshore Industry Solution Experiences for Design and Engineering of Offshore Structures Dassault Systèmes, the 3DEXPERIENCE Company
Contracts
Liquid Robotics, NOAA Sign Forecasting Agreement
Liquid Robotics and the National Oceanic and Atmospheric Administration (NOAA) announced the
OSI to Integrate Software for UK Royal Navy
OSI Maritime Systems (OSI) announced the signing of a contract to integrate its flagship software
Prysmian Contracted for Ireland Underwater Power Link
Prysmian Group, a company in the energy and telecom cable systems industry, has been awarded a new contract worth in total approximately €40 million by ESB (Ireland)
Technology
Europe’s Largest Tsunami Simulator Under Construction
UCL and HR Wallingford, the specialist hydraulic research and consultancy, are collaborating to
Rolls-Royce Wins Heyerdahl Award
Rolls-Royce has been awarded the maritime Heyerdahl Award 2014. The award was presented by His
MacArtney Swivel Solution for Scotrenewables Tidal Turbine
MacArtney has been selected to supply a custom designed Moog Focal swivel solution for a next
Legal
Italian Pleads Guilty to Marine-hose Price-fixing in US
A former executive of Parker ITR Srl pleaded guilty on Thursday to conspiring to rig bids for
Judicial Proceedings Halted Against AdvanFort Charges
Prosecution for the charges of trespassing and firearms possession against AdvanFort stopped until
Court: Japan's Mitsui Paid to Release Ship
China Supreme Court says Mitsui pays about $29 mln; Ship released about 0030 GMT Thursday.
People & Company News
Diamond Offshore Shares on the Rise
Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors
SCAA Supports International Oil Spill Conference
As the Voice of Spill Response Professionals, the Spill Control Association of America (SCAA) is supporting and assisting with the planning and coordination of IOSC 2014 on May
Meridian Adds Two Saab Seaeye ROVs
Meridian Ocean Services has added two Saab Seaeye Lynx ROVs to its Falcon fleet to undertake a