1952 results found for 'cygnus'

1952 results found for 'cygnus'
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  • Fairmount delivers Ensco 5006 rig to Singapore

    29 April 2014
    Business & Finance, Project & Tenders

    Tugs Fairmount Summit and Fairmount Alpine have towed rig ENSCO 5006 safely from Cyprus to Singapore. The Fairmount twins towed the rig over about 13,000 miles. Before the departure off Limasol, Cyprus, both Fairmount tugs performed anchor handling work for the rig. On request of its owners cargo and crew runs were done during a […]

  • VIDEO: Trelleborg in Phase 2 of World’s Longest Subsea Water Pipeline

    28 July 2014
    Business & Finance, Equipment, Operations & Maintenance

    After delivering buoyancy modules for the Phase 1 of the Cyprus water supply project, Trelleborg was selected for the second phase of the 80 kilometer long Mediterranean Subsea Water Pipeline.   Believed to be a world-first, the Mediterranean Subsea Water Pipeline will be installed 250 meters below the water level. The reliability and efficiency of […]

  • Update: Amver Duo Rescues Minouche Crew

    5 October 2015
    Business & Finance

    The timber carrier Falcon Arrow and the Ro-Ro Cronus Leader, both members of the Automated Mutual Assistance Vessel Rescue System (Amver), assisted the U.S. Coast Guard rescue 12 seafarers who abandoned their sinking 212-foot cargo ship Minouche beset by heavy weather from Hurricane Joaquin October 1 after their ship began taking on water 51 miles north […]

  • Limassol Port Workers Resume Cargo Operations

    20 March 2015
    Business & Finance

    Piled containers at the Limassol port, Cyprus have started moving as protesting workers resume loading activities, according to the Cyprus Mail. The port workers announced an indefinite strike on Tuesday asking from the government for more workers to be employed. Workers have also raised their concerns about the announced privatization of the port’s services. However, the following […]

  • Collision causes ship to split in half

    27 January 2006

    A PANAMANIAN container ship split in half after it collided in heavy fog with a cargo vessel from Cyprus near the Peruvian port of Callao.

  • Prosafe Completes $116 Million Bond Issue

    10 October 2013

    Prosafe, a Cyprus-based owner of offshore accommodation rigs, has announced that it has successfully completed an NOK 700 million (around $116 million) unsecured bond issue maturing in October 2018. The bond carries an interest of 3-month NIBOR plus 2.95 per cent. Settlement date is expected to be 22 October 2013. An application will be made for […]

  • Deep Sea Supply Sells 2 AHTS at $20.2 million per Vessel (Cyprus)

    21 February 2011
    Business & Finance

    Deep Sea Supply (“The Company”) has sold the two AHTS vessels “Sea Otter” and “Sea Marten”. The vessels, which are the smallest AHTS vessels in the Company’s fleet, are currently on time charter contracts to Petrobras. The vessels were sold to an international offshore supply company at attractive prices of USD 20.2 mill per vessel, […]

  • Morning Glory Arrives to Tripoli (Libya)

    24 March 2014
    Business & Finance

    Tanker ship  Morning Glory arrived in Tripoli on March 22, 2014., after U.S. naval forces handed it over to the Libyan naval authorities in international waters just outside of the territorial water line, Reuters reports. The U.S. Navy’s USS Elrod relieved the USS Stout of its escort duties for the Morning Glory tanker ship on […]

  • Novatek Sets Sights on Cypriot Offshore Gas

    6 April 2012
    Business & Finance

    Russia’s largest independent natural gas producer, OAO Novatek has set its sights on Cyprus’s offshore natural gas reserves, Reuters reports. Cyprus, a small island nation in the eastern Mediterranean, has attracted interest of major energy companies, especially after the U.S. based Noble Energy announced a significant gas discovery at its Block 12, back in December. […]

  • ABG Shipyard gets $29.7mn order

    27 January 2006

    ABG Shipyard has secured a $29.7 million contract for the construction of three anchor handling tugs (90 tonne bollard pull) for offshore applications from Cyprus-based Lamnalco.

  • Video: SWEL’s WM9.1 tackles Cypriot waves

    18 August 2016
    Business & Finance, Research & Development, Technology

    Sea Wave Energy Limited (SWEL), a wave energy developer based in Cyprus, has released a video showing the recent open sea testing of its wave energy device.

  • Israeli Gas Discoveries No Threat to Turkey, Peres Says

    4 November 2011

    Visiting Israeli President Shimon Peres said in Cyprus on Thursday that gas finds in the Mediterranean Sea were no threat to Turkey but a po… (yahoo) [mappress] Source: yahoo, November 4, 2011

  • Cyprus: Prosafe Posts 2010 Results, Sees Growing Interest in Semi-submersible Accommodation Rigs

    17 February 2011
    Business & Finance

      Prosafe’s operating profit for the fourth quarter came to USD 18.4 million and net profit amounted to USD 30 million. Operating profit for the year 2010 was USD 221.1 million, and net profit for 2010 equalled USD 198.5 million. Financials (Figures in brackets refer to the corresponding period of 2009) Full year 2010 Operating […]

  • Borr Drilling chief financial officer to step down

    6 November 2019
    Business & Finance

    The chief financial officer of offshore drilling rig contractor Borr Drilling has decided to step down.

  • EastMed pipeline project seeks offshore EPCI players

    28 April 2020
    Project & Tenders

    IGI Poseidon has rolled out a tender for EPCI activities related to offshore sections of EastMed pipeline project. IGI Poseidon is a 50:50 joint venture between Public Gas Corporation of Greece (DEPA) and Edison International Holding. Eastern Mediterranean (EastMed) is a 1,900 kilometers long natural gas pipeline project to connect the gas reserves of the […]

  • Navy helps rescue vessel’s crew

    13 March 2007

    A Royal Navy frigate has airlifted five people in gale force winds from a cargo ship taking in water in the Mediterranean between Crete and Cyprus.

  • EnQuest gives out HVAC services contract for its UKCS assets

    7 November 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    London Stock Exchange-listed energy player EnQuest has awarded engineering, procurement, and construction (EPC) services provider Nexos, formerly known as Global E&C, with a contract for heating, ventilation, and air conditioning (HVAC) services for its offshore assets on the UK Continental Shelf (UKCS). As part of the award that covers the Thistle and Magnus platforms, Nexos […]

  • VIDEO: MV Lewek Inspector’s Hull Launched at Cemre Shipyard (Turkey)

    23 April 2013
    Business & Finance

    Forland Shipping launched its new Diving Support Vessel MV Lewek Inspector at the Cemre Shipyard in Altinova in Turkey 13th of April 2013. At exactly 11:00 am, Managing Director Arne Magnus Johnsen split the silk ribbon with an axe, the champagne was released. “One of our best, if not the best launching ever” said Site […]

  • MV ‘Mattheos I’ with Ukrainian Sailors Released from Pirates

    27 September 2011

      Pirates released commercial ship Mattheos I with Ukrainian sailors on board; the ship had been hijacked in the Gulf of Guinea, reported Ukrainian Foreign Ministry on Sept 24. As was earlier reported, pirates attacked merchant ship Mattheos I (Cyprus-flagged, Spanish-operated) on Sept 14 off Benin in the Gulf of Guinea. On board the ship […]

  • Offshore Yachting now on sale

    14 December 2005

    Sixty years ago, on Boxing Day, 26 December 1946, Norwegian-born brothers Magnus and Trygve Halvorsen set sail on their first Sydney Hobart Yacht Race in their 35.5-foot slip Saga.

  • EU approves Cypriotic tonnage tax

    25 March 2010

    The EU Commission has approved Cyprus’ new tonnage tax scheme. According to the Commission, the system that exists in several EU countries will enhance the competitiveness of the Cypriot fleet without unduly distorting competition.

  • EnQuest to take over decommissioning for two North Sea fields

    31 January 2018
    Business & Finance

    EnQuest has agreed with BP to undertake the management of the physical decommissioning activities for Thistle and Deveron fields in the North Sea. 

  • Nexans named preferred bidder for EuroAsia Interconnector

    4 July 2022
    Business & Finance, Business Developments & Projects, Project & Tenders

    Nexans Norway has been selected as the preferred bidder for the engineering, procurement, construction and installation (EPCI) contract of the HVDC cable systems for first stage of the EuroAsia Interconnector. Nexans will be in charge of the EPCI of two HVDC cable systems, Pole 1 and Pole 2, for the Cyprus – Greece (Crete) link […]

  • DP World Limassol Opens New Cruise Passenger Terminal

    4 May 2018
    Business & Finance

    Port and terminal operator DP World Limassol inaugurated a new cruise passenger terminal on May 3.

  • Rystad: Deepwater contributes half of discovered volumes in 1H 2019

    12 July 2019

    Deepwater discoveries are leading the charge with global discoveries of conventional oil and gas continuing to show promising growth, according to Rystad Energy’s mid-year upstream data assessment.