Oil Rig News

Claxton increases North Seas largest surface riser stock

Claxton, an Acteon company, is extending its large surface riser inventory to meet operators needs as more heavy-duty jackup rigs enter the North Sea. The company, which already has more than 560ft of rapid call-off surface riser stock, is adding new joints in the size and pressure required to interface with the blowout preventer (BOP) stacks on the new rigs.Martin Jolley…

MetalCraft Marine Inc. Unveils First Electric Powered Patrol Boat.

Patrol Boat-1 is really the first, the first ever electric powered patrol boat. MetalCraft Marine designed and built the boat for the City of Annapolis’ Harbormaster. The boat utilizes a Steyr hybrid diesel/electric engine that permits either electric power or for higher speeds, diesel power. The propulsion is a Hamilton 274 waterjet.

Oceaneering Announces Shell Vessel Charter Agreement

HOUSTON, Jan. 13, 2015 /PRNewswire/ -- Oceaneering International, Inc. announced today that it has entered into a two-year, multi-service vessel charter agreement with Shell Offshore Inc. (Shell) for use of the Ocean Alliance in the U.S. Gulf of Mexico (GOM) commencing January 1, 2015. The Ocean Alliance is a state-of-the-art, U.S. flagged vessel built in 2010.

Helmerich & Payne, Inc. Invites You to Join Its First Quarter Conference Call on the Web

first quarter earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on Thursday, January 29, 2015, at 11:00 a.m. (ET) with John Lindsay, President and CEO, and Juan Pablo Tardio, Vice President and CFO. What: Helmerich & Payne, Inc.'s First Quarter Earnings Release. Other material developments may also be discussed. When: 11:00 a.m.

Bus Crashes into Oil Tanker in Pakistan; Death Toll Rises to 63

A passenger bus collided with an oil tanker near Karachi in Pakistan killing 57 people, some of them charred beyond recognition. After the patients were taken to the hospital six more deaths were reported, taking the death toll to 63. The speeding tanker was reportedly travelling on the wrong side of the road and hit the bus head on.The impact led to both the vehicles bursting into flames.

MRL assures 'culture of safety' after 2014 train crashes

MISSOULA Montana Rail Link has made changes in the way it moves trains in the wake of two nonfatal collisions in and around Missoula late last year.But the railroad says it emphasizes safety and training up and down its 937 miles of track, and it remains far above industry safety and training standards.Were a very safe company when compared not only to other railroads…

At Least 57 Die As Bus Collides With Oil Tanker

By Joe Tidy, Sky News ReporterAt least 57 people have died in Pakistan after a bus collided with an oil tanker and burst into flames.The head-on collision happened on a motorway near the Pakistani city of Karachi on Sunday morning.Reports suggest the tanker was speeding and on the wrong side of the road.Authorities said…

Someone Needs To Tell Vox.com That Numbers Don't Work Quite This Way

And since someone does need to tell Vox.com that numbers dont work quite the way they think they do I shall tell them. Theyre talking about the new container ship that has just been launched, the worlds largest so far. This specific ship isnt all that important, its just the latest record breaker and itll be such for maybe a year or two.

Timberyard, Edinburgh, restaurant review - Telegraph

much rosy as red raw. until now it had seemed to me a ridiculous exaggeration. bang on the nose. of thawing us all out is more than a blessing. restaurant has been named in honour of its past use as a lumber warehouse. what could otherwise be a great big chiller of a room. tempt us. for a 750ml bottle). waitress “will tell you to take a really dear bottle”, she doesn’t. see that it is just £22.

Small-Cap Stars Industrial Goods Stocks Led by Cvd Equipment Corporation (CVV) Following Morning Tra

The recent sluggishness in economic growth could mean a lot of pent-up demand for industrial goods, something that would likely be boon for small-cap industrial stocks. Equities.com's Small-Cap Stars, our proprietary list of small-cap companies with characteristics we consider the most indicative of future success, includes…

MPA Says No More Oil Spill from Tanker-Bulk Carrier Collision Off Singapore

Singapore's Maritime and Port Authority (MPA) announced Tuesday that following the collision between Libyan-registered oil tanker "Alyarmouk" and Singapore-registered bulk carrier "Sinar Kapuas" reported at about 0600hrs (Singapore Time) Jan. 2, there have been no further reports of oil leakage from "Alyarmouk". Both vessels are in stable condition and anchored safely…

VIDEO: Cargo ship grounded in Solent captured by reader

WATCH dramatic footage of the car transporter currently grounded in the Solent.The Heogh Osaka was deliberately run aground off the Isle of Wight when it began to list shortly after setting off from Southampton on Saturday night.The high-quality video was shot from Cowes on the Isle of Wight by Michael Dangerfield, whose…

Greece says oil tanker bombed at Libyan port, two dead

crew members on board. coast guard said. It did not provide further details.(Reporting by Angeliki Koutantou; Editing by Hugh Lawson)Share or comment on this articleSorry we are not currently accepting comments on this article.

Cargo ship 'deliberately grounded' (From Barry And District News)

A car carrier stranded next to a busy shipping lane was grounded deliberately to prevent it from capsizing, its owners have said.The 51,000 tonne Hoegh Osaka became stricken on the Bramble Bank between Southampton and the Isle of Wight last night after it sailed from the Hampshire port with its cargo of 1,400 cars.The incident…

Oil tanker collides with Singapore-registered bulk carrier

A Libyan-registered oil tanker collided with a Singapore-registered bulk carrier in Singapore waters about 11 nautical miles north-east of Pedra Branca Friday morning, the Maritime and Port Authority of Singapore (MPA) said on Friday. The collision occurred at about 6 a.m., with one cargo tank sustained damage, resulting in some spillage of crude oil…

All passengers off Adriatic ferry; 10 dead | National News

Mom, 2 kids rescued from burning ferryConditions for the rescue of passengers off a ferry that caught fire in the Adriatic Sea could hardly have been worse.Strong winds, choppy seas and thick smoke pounded the efforts.In the end, at least 10 people died, the Italian coast guard said on Monday. But many more were saved…

Oil Train Safety And Taxes On Lawmakers Agenda For 2015

SEATTLE For the past few years, a growing number of trains have been bringing rolling pipelines of oil from North Dakota to ports and refineries in the Pacific Northwest.And in that time, the Washington and Oregon legislatures have failed to come up with the money to pay for the cost of responding to the increasing risk of oil spills in their states.

Newbuild prices record marginal change

Vessel pricesA tanker takes two or three years to build. Each vessel costs ~$60 million. Unlike shipping rates in the spot market, newbuild prices are less volatile and not subject to seasonality. While newbuild prices and shipping rates have diverged at times, they have more or less followed each other in the past.Enlarge…

Lafayette artist blends science, art

A crawfish is seen in an aquarium as a video plays in the background in Brandon Ballengée?s exhibit "Eco-Displacement: Ghosts of the Gulf." A crawfish is seen in an aquarium display as a video plays in the background in Brandon BallengÂ?e's exhibit "Eco-Displacement: Ghosts of the Gulf" Tuesday, December 16, 2014, at the Acadiana Center for the Arts in Lafayette…

Stock Watch: FMC Technologies Inc. (NYSE:FTI)

[PRNewswire] FMC Technologies, Inc. (NYSE:FTI) announced that it has received an order from Eni Angola to supply subsea production systems for its deepwater Block 15/06 East Hub development. The order has an estimated value of $393 million in revenue.“We are pleased to have been awarded the subsea production systems contract for Eni’s Block 15/06 project…