1952 results found for 'cygnus'

1952 results found for 'cygnus'
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  • Subsea 7 Adds Seaway Heavy Lifting

    13 March 2017
    Business & Finance, Operations & Maintenance

    Seaway Heavy Lifting and its subsidiaries became wholly-owned by Subsea 7. Subsea 7 has acquired the remaining 50% shareholding from K&S Baltic Offshore (Cyprus) Limited. Prior to the acquisition, Seaway Heavy Lifting was a 50:50 joint venture company. The Oslo-listed SURF specialist said it paid cash consideration of USD 279 million on completion and an additional […]

  • Deep Sea Supply completes 10 PSVs buyout

    26 June 2014
    Business & Finance

    Deep Sea Supply, a Cyprus-based shipping company listed on the Oslo Stock Exchange, has completed the previously announced transaction to acquire ten offshore vessels. Recently, Deep Sea Supply has entered into an agreement to acquire 10 PSVs, of which 4 are currently under construction, through the acquisition of the company PSV Holding Inc. Deep Sea Supply […]

  • Noble Tamar Jacket Arrives in Israeli Waters

    30 January 2013

    Tugs Fairmount Summit and Fairmount Alpine have delivered the new build Noble Tamar jacket at location in the Tamar gas field in the Eastern Mediterranean, off the coast of Israel. Both tugs towed the barge on which the jacket was loaded from the US to the field South-East of Cyprus. The 18,500 ton jacket was […]

  • MacGregor to Equip Eight Lemissoler’s Bulk Carriers

    11 March 2014
    Business & Finance

    MacGregor, part of Cargotec, has secured deck equipment contract for a series of eight 58,500 dwt bulk carriers under construction at New Times Shipbuilding in China. The vessels are being built for Lemissoler Navigation (Front Marine), based in Cyprus, with the delivery of the first two vessels scheduled to start around August 2015. The contract […]

  • Deep Sea Supply wins charters for four vessels

    23 September 2014
    Business & Finance

    Cyprus-headquartered Deep Sea Supply has announced multiple contract awards with “an international major subsea contractor” for a total duration of approximately 1000 vessel days. The three PSVs of PX105 design “Sea Spider”, “Sea Springer” and “Sea Spark” have been awarded contracts for ten, ten and four months, respectively. The AHTS “Sea Lynx” has been awarded […]

  • Novatek share buyback extended

    21 May 2015

    Russia’s Novatek, operator of the Yamal LNG project, informed it approved the extension of the share buyback program until 7 June, 2016.

  • Spotted: AIDAperla Makes A Stop in Singapore

    10 May 2017
    Business & Finance

    On May 9, AIDAperla, the newest cruise ship in AIDA Cruises’ fleet, visited Singapore on its way from Japan to Palma de Mallorca. In late April, the 125,000 gross ton newbuilding was delivered to AIDACruises from Mitsubishi Heavy Industries (MHI) in Nagasaki, Japan. Following its short stop in Singapore, the cruise vessel continued its voyage […]

  • U.S. Forces in Control of Libyan Tanker

    17 March 2014
    Business & Finance

    A team of U.S. Navy SEALs has taken over control of the seized tanker Morning Glory, the Pentagon officials said this morning. The operation, approved by the U.S. President Obama, was carried out last night around 2am GMT upon the request of the Libyan and Cypriot governments. “No one was hurt tonight when U.S. forces, at the […]

  • Deep Sea Supply wins charters for two PSVs

    17 September 2014
    Business & Finance

    Deep Sea Supply, a Cyprus-headquartered owner of offshore support vessels, has announced that the company has agreed on bareboat contracts for the charters of two PSVs, Sea Surfer and Sea Swan. The two vessels will be used for operations in Australian waters. The end charterer will be an internationally recognized major oil company and both […]

  • Cecon sells OCV ‘Micoperi Pride’

    15 September 2014
    Business & Finance

    Cecon ASA has reached an agreement to sell the Micoperi Pride, formerly Cecon Pride, to the single purpose vehicle (SPV) FTAI Pride Inc, a company controlled by Fortress Investment Group. Fortress is a highly diversified investment manager with more than $60 billion under management. Cecon will hold a minority shareholding in the buying company, and will […]

  • Rough Weather Grounds Cargo Ship, Tug in the Midst of Towing Operation

    17 December 2018

    Thea II ran aground off the East Yorkshire coast, England, on Saturday evening, December 15.

  • Norway: K Line Offshore Receives New PSV KL Barentsfjord

    23 August 2011
    Business & Finance

    The last vessel in the newbuilding program for K Line Offshore AS, the PSV KL Barentsfjord, was delivered from building yard STX OSV Brevik on 28th June 2011. In  July 2011 KL Barentsfjord was named in Pollen being the inner harbour of Arendal. The naming ceremony at the docks in the middle of the city, […]

  • CMA CGM receives Sub-Panamax newbuild

    6 May 2020
    Infrastructure, Vessels

    French container shipping major CMA CGM has taken delivery of CMA CGM Sinnamary, a Sub-Panamax newbuild vessel.

  • Petrolia Buys Stake in Det norske’s PL 558 (Norway)

    10 June 2014
    Business & Finance, Project & Tenders

    Petrolia Norway AS, a 100% subsidiary of Petrolia SE, has entered into an agreement with Det norske oljeselskap ASA to purchase 10% in PL 558. PL558 is located in the Norwegian Sea east and adjacent to the Skarv Field. The well will be spudded in the near future and is scheduled for 29 days. The transaction is pending […]

  • DeepOcean and Level Personal Form New Company

    15 January 2018
    Project & Tenders

    DeepOcean and Level Personal have teamed up to create a new company to deliver personnel to the offshore business and marine industry. DeepOcean and Level Personal will each own 50 percent stake in the new company, named Level Offshore. The core business is staffing to the offshore industry and the marine market, with the head […]

  • Canada: Husky Energy Announces Management Changes

    28 July 2010
    Business & Finance

    The Board of Directors of Husky Energy Inc. announces the appointment of Mr. Stephen Bradley, Mr. Frederick Ma and Mr. George Magnus as Directors. The appointments are effective immediately. Mr. Bradley, 52, brings extensive international diplomatic experience, having served in a number of senior roles with the British Foreign and Commonwealth Office, including as Minister, […]

  • USA: Noble Energy Posts Q3 2011 Results

    20 October 2011

    Noble Energy, Inc. reported today third quarter 2011 net income of $441 million, or $2.39 per share diluted, on revenues of $924 million. The Company’s third quarter 2010 net income was $232 million, or $1.31 per share diluted, on revenues of $755 million.  Net income for the third quarter 2011 includes unrealized commodity derivative gains […]

  • USA: ABS’ Seminars Address Developments in Construction and Design of LNG Carriers

    27 March 2012

    ABS, the leading provider of classification services to the global offshore industry, has delivered a seminar series addressing developments in the construction and design of liquefied gas carriers. Events were held in Doha, Qatar; Athens, Greece; and Limassol, Cyprus. “As liquefied natural gas (LNG) becomes a more attractive fuel for power generation, increased demand for […]

  • UK: IMarEST Appoints 110th President

    9 March 2012
    Business & Finance

    Malcolm Vincent BSc (Hons), MSc, CEng, FIMarEST, FIMechE, FIOD has been appointed the 110th President of the Institute of Marine Engineering, Science and Technology (IMarEST) at its AGM today (8 March). Andreas Chrysostomou has been appointed President Elect. Malcolm Vincent takes over the reins of office from Professor John Carlton FREng DSc BA CEng CMarEng […]

  • Kvaerner delivers third jacket for Johan Sverdrup project

    30 July 2018
    Project & Tenders

    Kvaerner has delivered yet another steel substructure for the Equinor-operated Johan Sverdrup project located in the North Sea off Norway. 

  • Prosafe Orders Two Semi-Submersible Accommodation Vessels

    7 November 2013
    Business & Finance

    Prosafe has agreed a Letter of Intent (LoI) with COSCO (Qidong) Offshore Co. Ltd. for the Engineering, Procurement and Construction of two semi-submersible accommodation vessels, with options for four further units. The vessels will be the most advanced and flexible units for worldwide operations excluding Norway, and will be ready for operations in 2016. The […]

  • Russian Company Hires Semi-Submersible Rig for Drilling Offshore Cuba

    22 June 2012

    Songa Offshore, a Cyprus based drilling contractor, reports that a firm contract for the use of Songa Mercur has been agreed and signed with Zarubezhneft, a public joint stock company of Russia. The contract covers the use of the Songa Mercur for Zarubezhneft’s upcoming drilling campaign offshore Cuba. The contract will commence 1 July 2012, […]

  • Mexico: Prosafe Bags Bareboat Contract for Safe Lancia Accommodation Rig Worth USD 57 million

    9 August 2010
    Business & Finance, Equipment

    Interpetroleum Services has awarded Prosafe a bareboat contract for Safe Lancia operating for Pemex offshore Mexico. The contract commences on 19 August and ends on 31 December 2012. Total value of the contract linked to the award is about USD 57 million. Prosafe is the world’s leading owner and operator of semi-submersible accommodation/service rigs. Operating […]

  • Marine Subsea UK Praised After Successful Job for Repsol in Spain

    21 July 2010
    Business & Finance

    MARINE Subsea (UK) was praised yesterday after completing a £656,000 contract for operator Repsol at the Casablanca platform, offshore Spain. The firm used its multipurpose offshore intervention vessel Sarah to prepare subsea equipment for installation work scheduled for next year and to modify trawl-protection structures at two well sites. Marine Subsea managing director Alasdair Cowie […]

  • Extreme weather suspends ‘Safe Bristolia’

    15 October 2014
    Business & Finance, Equipment, Exploration & Production

    Prosafe, a Cyprus-based owner of offshore accommodation rigs, has informed its accommodation rig Safe Bristolia has sustained damage in a storm last week.  The company has said that last week, operation of the rig was suspended due to damages sustained to lifeboats after experiencing extreme weather. The rig will be demobilised from the field for […]