Craig Group celebrates completion of £35million investment programme with launch of Grampian Defiance. The last in the series of new D class Emergency Response and Rescue Vessels (ERRVs), commissioned by Craig Group in a £35million investment programme, has been launched. The Grampian Defiance, the last of four new-build emergency rescue and response vessels (ERRVs) which [...]
Fairmount Marine’s tug Fairmount Sherpa has towed the rig ODN Tay IV from Las Palmas towards al location offshore Rio de Janeiro, Brazil. For this job Fairmount Marine was contracted by Odebrecht Oil and Gas for the third time in a row. ODN Tay IV is a semi submersible drilling rig for deep water operations [...]
May 6, 2012 | Posted in
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Providence Resources P.l.c., the Irish oil and gas exploration and production company, whose shares are quoted in London (AIM) and Dublin (ESM), provides an update on Licensing Option 11/11 (‘Option’). This licensing authorization is located c. 250 km off the south-west coast of Ireland in c. 1,000 metre water depth. The Option was awarded to [...]
March 22, 2012 | Posted in
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Spanish oil company, Repsol, posted a net income of EUR 2.193 billion in 2011, 53.3% lower than that recorded in 2010 and which included the one-time gain from the agreement between Repsol and China’s Sinopec in Brazil. Earnings were negatively affected by external factors such as the armed conflict in Libya and the strikes and [...]
Fairmount Marine’s powerful tug Fairmount Expedition has safely delivered a 18,000 ton topside for process, utilities and living quarters for the Castor project offshore Spain. The topside was loaded onto Heerema’s H-541 barge and towed from Corpus Christi towards Spain. The Castor project is a 1,3 billion cubic meters submarine gas storage project at a [...]
Repsol posted net income of 1.901 billion euros in the first nine months of 2011, 6.4% higher than the 1.786 billion euros reported in the year-earlier period. The group’s operating income totalled 4.102 billion euros, 1% higher than that recorded in September 2010. The company’s encouraging results are partly due to the improvement of crude [...]
Caterpillar Marine Power Systems was recently selected to provide 2x 6 M 25 C and 2x 9 M 25 C propulsion engines for an Ostensjo Rederi AS offshore supply newbuild. Each 6 M 25 C engine will provide 2000 kW @ 750 rpm. The 9 M 25 C will each provide 3000 kW @ 750 [...]
October 26, 2011 | Posted in
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Vroon Offshore on Friday (October 14) announced the delivery and naming of VOS Valiant. The vessel was christened Friday in a ceremony held at the Astilleros Zamakona Shipyard in Pasaia, Spain. Godmother was Mrs. Eva Maria Móreno, wife of Mr. Jesús Villacañas, General Manager, Astilleros Zamakona Shipyard, Pasaia. VOS Valiant is a field-support vessel and [...]
October 17, 2011 | Posted in
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![Spain: Repsol, BSC Open Joint Research Centre]()
The Spanish Minister of Science and Innovation Cristina Garmendia, the Catalonian Regional Minister of Economy and Knowledge Andreu Mas-Colell, BSC executives, and Repsol Chairman and CEO Antonio Brufau yesterday jointly presided over the opening of the Repsol–BSC Research Center. The opening was presented by the Barcelona Supercomputing Center (BSC) Assistant Director Francesc Subirada and Repsol [...]
![Sweden: TransAtlantic Expands its Fleet with New AHTS]()
TransAtlantic has received delivery of Magne Viking AHTS vessel from the Astilleros Zamakona S.A shipyard in Spain. The vessel will be flagged up in the Danish register of ships, DIS. Magne Viking is the third new‐build in a series of four, which are being built at the Spanish shipyard. The last vessel in the series, [...]
