Search results for: safe

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  • 14 June 2018
    Exploration & Production

    Prosafe, the Oslo-listed provider of offshore flotels has further extended its standstill agreement for delivery of Safe Nova and Safe Vega accommodation rigs built by Cosco in China.

  • 22 June 2018

    Prosafe has won a contract for the Safe Swift accommodation vessel in the Mediterranean.

  • 16 November 2018
    Business & Finance

    Safe Bulkers has concluded its refinancing actions with a USD 51.4 million loan facility.

  • 4 August 2017

    The UK is getting a new decommissioning company in the North Sea arena, named Well-Safe Solutions, which has promised to create 400 jobs. According to the company’s statement on Friday, Well-Safe Solutions has been set up by “a group of oil industry stalwarts” – including Alasdair Locke, Mark Patterson, and Paul Warwick. The company promises […]

  • 29 October 2019
    Exploration & Production

    Expenditure on decommissioning in the UK to be £15.3 billion in the next decade

  • 6 December 2016
    Business & Finance

    Dry bulk shipping company Safe Bulkers has unveiled plans to offer its common stock in an effort to raise funds for the acquisition of secondhand vessels. With a par value of USD 0.001 per share, the public offering would include a 30-day option which would be granted to the underwriters to purchase additional common stock “solely […]

  • 28 March 2014

    For centuries the Dutch are fighting sea and rivers to make their country safer. Worldwide, countries approach the Netherlands for advice in the area of dredging. But this is not the only area we are active in to increase the safety in the maritime industry. Maritime by Holland Magazine takes a closer look at three […]

  • 8 November 2018
    Business & Finance

    Safe Bulkers reached amendments on loan facilities, pushing back USD 132.4 million of balloon payments.

  • 20 February 2019
    Business & Finance, Rules & Regulation

    The company plans to install scrubbers in almost half of its fleet.

  • 22 November 2018

    Prosafe’s flotel Safe Caledonia has completed its work on BP’s Clair Ridge platform located West of Shetland and the Safe Zephyrus will take over next year.

  • 3 January 2017
    Business & Finance

    Repsol Sinopec Resources UK has extended the charter of the Safe Boreas offshore accommodation rig by 21 days. According to Prosafe, the owner of the rig, the firm operational period of the Safe Boreas rig has been extended through January 27, 2017. The Safe Boreas is working at Montrose A in the UK sector of the […]

  • 30 May 2019
    Business & Finance

    Safe Bulkers is getting ready for the IMO 2020 rule with scrubbers at the forefront of its compliance solution.

  • 7 October 2016

    A strike has been avoided in several plants in Norway following mediation on oil agreement between the Norwegian Union of Energy Workers (Safe) and the Norwegian Oil and Gas Association, an employers’ organization. To remind, the union refused to accept the negotiated result for the oil agreement, which also covers land-based facilities in Norway, and […]

  • 23 August 2017
    Business & Finance

    Well-Safe Solutions, a specialist well abandonment company, has announced the appointment of two more directors to lead the recently launched business. Following the company’s recent announcement of the company’s first acquisition and appointment of chief executive officer Phil Milton, Well-Safe on Wednesday said said it bolstered its team with the appointments of Graeme Murray as legal […]

  • 7 January 2016
    Exploration & Production

    Prosafe, the owner of semi-submersible accommodation rigs, is still waiting for the weather to improve to re-attach its flotel Safe Bristolia to a tug vessel in order for it to continue its journey to Poland.  The Safe Bristolia was heading to Gdansk attached to an anchor handling tug vessel Sea Lynx when the heavy weather […]

  • 11 February 2016
    Business & Finance

    Greece-based dry bulk shipowner Safe Bulkers has sold two Panamx vessels to entities controlled by Polys Hajioannou, the company’s Chairman and Chief Executive Officer. The vessels in question are the Stalo, an 87,000 dwt Post-Panamax vessel built in 2006, and the Kypros Unity, a 78,000 dwt Panamax vessel built in 2014 and they were sold for […]

  • 30 April 2014
    Business & Finance, Equipment, Research & Development

    NCS Subsea, GeoTrace and SpecPartners have announced the start date for a multiphase large scale innovative project called SAFE-BAND. It will be the first Multi-Client geohazard survey on a regional scale utilizing Ultra-High-Resolution 3D Seismic (UHR3D). The combination of the P-Cable Technology and NCS’s own proprietary navigation system, NavPoint Trawler, produces an unprecedented resolution of […]

  • 3 October 2017
    Business & Finance

    Monaco-based owner of dry bulk carriers Safe Bulkers has refinanced USD 74.9 million loans outstanding, the company said. The refinancing was carried out via a new loan facility of USD 49.6 million and USD 17 million cash on hand, resulting in a debt write-off of about USD 8.3 million. “We continued our actions towards improving […]

  • 15 August 2019
    Project & Tenders

    Well-Safe Solutions has secured an award of two multi-million-pound contracts to continue the transformation of the Well-Safe Guardian, the decommissioning company’s first asset, into a plug and abandonment unit. Global Energy Group and Rigfit7seas have been appointed to deliver the refurbishment of the semi-submersible drilling rig. Global Energy Group will provide quayside services and the […]

  • 26 July 2018
    Business & Finance

    Safe Bulkers has reached refinancing agreements related to two of its credit facilities.

  • 22 August 2014

    Prosafe, one of the world’s biggest providers of accommodation rigs to the international offshore oil and gas industry, has said its new build projects are progressing well and are within budget.

  • 26 November 2015
    Exploration & Production, Project & Tenders

    Prosafe, the operator of semi-submersible accommodation rigs, is considering a delay in delivery of its newbuild accommodation rig being built by Jurong Shipyard. Prosafe said on Thursday it has agreed with Singapore’s Jurong Shipyard to a flexible delivery of the Safe Zephyrus accommodation rig. According to Prosafe, the decision has been made in order to align […]