Top News of the Week of Oct 21 – Oct 27, 2013

October 27, 2013

Subsea 7 Wins Two Contracts from Petrobras Offshore Brazil

Subsea 7 S.A. announced the award of two contracts with a combined value (at the time of contract signature) in excess of US$600 million from Petrobras.

DeepOcean Charters New Build SURF Installation Vessel

DeepOcean AS, a subsidiary of DeepOcean Group Holding BV, has entered into a five and a half year charter agreement starting March 2016 for a new build installation vessel.

Offshore Energy 2013: New Oil Spill Response Solution on the Horizon?

The maritime and offshore industries might be on the brink of a breakthrough discovery when it comes to oil spill response.

Coastal Sells Six Offshore Support Vessels

Coastal Contracts Bhd announced that its wholly-owned subsidiaries, Coastal Offshore Pte Ltd and Thaumas Marine Ltd have collectively secured contracts for the sales of six units Offshore Support Vessels (“OSV”), which comprise one unit Subsea Support Maintenance Vessel, one unit Platform Supply Vessel and four units Anchor Handling Tug Supply for an aggregate value of approximately RM318 million.

Wave Farm to Create Hundreds of Jobs (UK)

Aquamarine Power’s proposed wave farm on the Western Isles could create hundreds of long-term skilled jobs in one of Britain’s most remote communities, according to figures published today.

Top News of the Week of Oct 7 – Oct 13, 2013