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Last updated on April 16, 2014 at 17:34 EDT

Latest Dynamic positioning Stories

2013-10-01 16:21:42

HOUSTON, Oct. 1, 2013 /PRNewswire/ -- Oceaneering International, Inc. (NYSE:OII) announced today it has commissioned the construction of a subsea support vessel from BAE Systems. Expected delivery of this vessel is by the end of the first quarter of 2016. This vessel will be U.S. flagged and documented with a coastwise endorsement by the U.S. Coast Guard. It will have an overall length of 353 feet, a Class 2 dynamic positioning system, accommodations for 110 personnel, a helideck,...

2013-08-06 08:25:16

HOUSTON, Aug. 6, 2013 /PRNewswire/ -- Rowan Companies plc ("Rowan" or the "Company") (NYSE: RDC) announced today that one of its subsidiaries has entered into a three-year contract with Cobalt International Energy, L.P. ("Cobalt") (NYSE: CIE) for the Rowan Reliance, one of Rowan's new ultra-deepwater drillships currently under construction at the Hyundai Heavy Industries Co. Ltd. ("HHI") shipyard in Ulsan, South Korea. The drillship is expected to operate in the U.S. Gulf of Mexico....

2013-02-26 16:20:23

PARIS, February 26, 2013 /PRNewswire/ -- BOURBON Takes Delivery of the Bourbon Evolution 803, the 3rd Vessel in the 1st Large IMR Series for the Offshore Industry A series of vessels designed to operate in complete safety at depths of 3000 meters. The first two sisterships already operate in West Africa. Resource exploration is going into increasingly deep waters and the new milestone for oil and gas marine industry operations is now at 2,500 to 3,000 meters. To...

2011-08-03 07:00:00

PITTSBURGH, Aug. 3, 2011 /PRNewswire/ -- Power conversion specialist Converteam has been selected as the supplier of Integrated Power Systems (IPS) to the U.S. Navy with the award of an additional multi-million dollar contract to design and supply the complete electric power, propulsion and vessel automation system for the Mobile Landing Platform (MLP) program. The MLP program adds to Converteam's market leadership experience with the U.S. Navy's IPS fleet, which includes DDG 1000, T-AKE,...

2011-07-12 08:00:00

PITTSBURGH, July 12, 2011 /PRNewswire/ -- Power conversion specialist Converteam in partnership with the U.S. Navy have successfully tested the DDG 1000's high voltage Integrated Power System (IPS) (1) to full power at the Land Based Test Site located in Philadelphia, Pennsylvania. (Logo: http://photos.prnewswire.com/prnh/20081002/NETH095LOGO-b ) DDG 1000 is the first U.S. Navy surface combatant to leverage this technology -- an all-electric architecture providing electric power for both...

2011-07-05 09:00:00

PITTSBURGH, July 5, 2011 /PRNewswire/ -- Power conversion specialist Converteam has been commissioned by Chipeta Processing LLC to supply a complete Variable SpeedDrive System (VSDS) to control two natural gas compressor trains at the Chipeta Processing Plant in Utah (USA). This system will save an estimated $2 million per year in energy costs. (Logo: http://photos.prnewswire.com/prnh/20081002/NETH095LOGO-b ) Converteam was selected for its proven VSDS technology, which offers energy...

2010-08-24 09:51:00

GERMANTOWN, Md., Aug. 24 /PRNewswire-FirstCall/ -- When BEEMAR, LLC rolled out a fleet of state-of-the-art Dynamic Positioning 2 (DP-2) Platform Supply Vessels (PSVs), they needed a global broadband maritime communications solution that could match the high-tech demands of these new vessels and of their customers. BEEMAR chose Hughes Network Systems, LLC (HUGHES) and Environmental Safety Systems International, Inc (ESSI) to fulfill this mission. Hughes, the global leader in broadband...