Drydocks World Completes Rashid D Project in UAE

Drydocks Worl has recently completed the Rashid D Wellhead Platform jacket and topside for TechnipFMC and end client Dubai Petroleum. The topside is an oil and gas processing module weighing 950 tons, designed for unmanned offshore operation with a life span of 25 years. It contains advanced piping and control systems, which were entirely fabricated, […]

Halliburton Board Adds New Chairman

Halliburton’s board of directors has appointed Jeff Miller, the company’s president and CEO, as chairman of the board, effective January 01, 2019. The appointment comes after the retirement of the executive chairman Dave Lesar on December 31, 2018. “I appreciate the confidence that the board has placed in me,” said Jeff Miller, […]

Polarcus Reports Increase in Vessel Activity

Polarcus, a Dubai-based seismic contractor, has seen an increase in its vessel utilization during the fourth quarter of 2018. The vessel activity also increased on a full year basis from 77 percent in 2017 to 87 percent in 2018. Quarterly vessel utilization was at 96 percent compared to 68 percent in the […]

NOAA Strengthens Marine Mammal Rules on Navy Training

The National Marine Fisheries Service (NMFS) has recently issued final authorizations under the Marine Mammal Protection Act to incidentally, but not intentionally, “take” marine mammals during Naval training and testing in the Pacific. This is the third in a series of five-year incidental take regulations for the Navy’s Hawaii-Southern California Training and Testing activities. The […]

Rosetti Marino – HFG Deal Falls Through

Italian engineering and construction company Rosetti Marino has decided not to go ahead with its initial plan to acquire Dutch company Heerema Fabrication Group (HFG). Rosetti Marino and HFG entered into a letter of intent on the 16th of November with the aim to sell to Rosetti Marino the HFG activities at […]