The giant offshore installation and commissioning vessel Pioneering Spirit has set the new world lifting record with the successful removal of Shell’s 24,000 tonne Brent Delta platform in the North Sea in a single lift. Pioneering Spirit’s owner Allseas confirmed the safe and successful completion of the topside removal operation on April 28. Located in the Brent field approximately […]
In this video you can hear the Captain skillfully direct the helmsman while navigating through the Lemaire Channel between an iceberg andluna Booth Island off the Antarctic peninsula. Video filmed in March 2017.
By Valerie Volcovici WASHINGTON, April 28 (Reuters) – U.S. President Donald Trump signed an executive order on Friday to extend offshore oil and gas drilling to areas that have been off limits, in a move to boost domestic production just as industry demand for the acreage nears the lowest in years. The order could lead to […]
Halliburton (NYSE: HAL), Trendsetter Engineering and C-Innovations have announced formation of a strategic alliance which will utilize the new offshore construction vessel Island Venture to provide Gulf of Mexico (GOM) customers with technologically advanced, integrated offshore well intervention packages. The companies say the alliance leverages each members’ strengths to create subsea solutions for hydraulic interventions. […]
By Jennifer A. Dlouhy (Bloomberg) — President Donald Trump is moving aggressively to expand offshore oil drilling and to reconsider rules that safeguard the activity — including mandates designed to prevent a repeat of the Deepwater Horizon disaster. Trump is set to order Interior Secretary Ryan Zinke on Friday to revise a five-year schedule for auctioning offshore […]
COPENHAGEN, April 28 (Reuters) – The world’s biggest container shipping company Maersk Line will pay 3.7 billion euros ($4.02 billion) for its acquisition of smaller German rival Hamburg Sud, it said on Friday. Combined, the two companies will be able to realise annual operational savings of about $350 million to $400 million, Maersk Line said […]
By Mike Wackett (The Loadstar) – “Organised chaos” – that’s how one carrier describes the Asia-Europe schedules of the Ocean and THE alliances, believing there’s very little hope of vessels hitting itineraries before June. The source, an alliance member, told The Loadstar the transition of ships and containers from previous schedules to their new alliance hubs […]