2234 results found for 'ulstein'

2234 results found for 'ulstein'
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  • Island Offshore Awarded LWI Job by Premier Oil

    29 August 2013
    Business & Finance

    Island Offshore, a Norway-based Light Well Intervention (LWI) specialist, has been selected by Premier Oil UK Limited to undertake a new LWI service contract on the UK Continental Shelf.   Premier, a growing oil and gas exploration and production company, awarded the business to Island Offshore and the North Sea RLWI Alliance, the operator of three […]

  • Singapore: Hallin Wins $25M ROV Services Order from Marine Subsea

    8 July 2010
    Business & Finance, Equipment

    Hallin Marine Subsea International Ltd, a Superior Energy Services company, has won a US $25 million, five-year contract to supply ROV services from Marine Subsea AS for the new build subsea intervention vessel Karianne. Under the terms of the contract, Hallin will supply two new Quantum XP 200hp work class ROVs and handling systems and […]

  • Ceona secures $290M loan to pay for new build projects

    18 March 2014

    USD$290 million secured debt facility to finance its two new build projects, the Ceona Amazon vessel and the Polar Onyx Vertical Pipelay System (VLS), along with performance bonds to further support the company’s growth initiatives. The new debt facility will be used for the completion of the Ceona Amazon, a specialist pipelay and subsea construction […]

  • Island Offshore Loses NOK 365 Mln in 2015

    2 March 2016
    Business & Finance

    Island Offshore, a subsidiary of Edison Chouest Offshore and Ulstein, reported revenue of NOK 508 mill in Q4 2015, down from NOK 711 million in Q3 2015, and also lower than the same quarter last year. Fleet utilization in Q4 was 68% including vessels in lay-up. Revenue from the PSV fleet increased in Q4 compared to previous quarters […]

  • Polarcus Inks Five Year BBCP Agreement with Russian OAO Sovcomflot

    11 August 2011
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders, Research & Development

    Polarcus Limited announces that the Company has signed a five year Bareboat Charter Party Agreement (BBCP) with OAO Sovcomflot (SCF) of Russia. Under the terms of the BBCP Sovcomflot will charter POLARCUS SELMA, inclusive of an 8 streamer seismic equipment package, from Polarcus at a rate of USD 69,500 per day. The BBCP, viewed by […]

  • UK: First Gas Powered Rolls-Royce Offshore Vessel Island Crusader Delivered

    21 June 2012

    Rolls-Royce, the global power systems company, announced today that Island Offshore has taken delivery of Island Crusader, the first gas powered Rolls-Royce offshore vessel. This new and advanced UT 776 CDG platform supply vessel, is the first of two ordered by Island Offshore. Managing Director of Island Offshore, Håvard Ulstein, said: “A very important area […]

  • The next generation well intervention vessels

    14 September 2015

    Riserless well intervention is on the rise. This method is already well established in the North Sea, but we see a large increase in both the interest as well as the acceptance in areas such as the Gulf of Mexico. At the same time, we can expect a growing demand for medium and heavy interventions […]

  • Polarcus Inks BBCP Agreement with Russian Sovcomflot

    11 August 2011
    Business & Finance

    Polarcus Limited announces that the Company has signed a five year Bareboat Charter Party Agreement (BBCP) with OAO Sovcomflot (SCF) of Russia. Under the terms of the BBCP Sovcomflot will charter POLARCUS SELMA, inclusive of an 8 streamer seismic equipment package, from Polarcus at a rate of USD 69,500 per day. The BBCP, viewed by […]

  • India’s L&T to investigate offshore incident after two workers injured

    16 March 2020

    India’s L&T Hydrocarbon Engineering has launched an investigation into a recent offshore incident on a heavy lift vessel, which resulted in injuries for two workers. 

  • Polarcus Awarded DNV’s Highest Standard for Ship Operations, UAE

    14 February 2013

    Polarcus, a Dubai-based seismic company, recently achieved DNV’s highest standard for environmental and energy-efficient ship operations by being awarded DNV’s Triple-E Level 1 rating for 6 of its modern seismic vessels. “Our strategy is to be a service provider for oil companies operating in areas of high environmental sensitivity, including the Arctic areas,” says Polarcus […]

  • Norway: Island Offshore Takes Delivery of LNG Powered Vessel

    21 June 2012
    Vessels

    Rolls-Royce, the global power systems company, announced today that Island Offshore has taken delivery of Island Crusader, the first gas powered Rolls-Royce offshore vessel. This new and advanced UT 776 CDG platform supply vessel, is the first of two ordered by Island Offshore. Managing Director of Island Offshore, Håvard Ulstein, said: “A very important area […]

  • Was maritime industry too quick to discard nuclear power? Emerging initiatives are proving it wrong.

    18 August 2022
    Green Marine, Innovation, Market Outlooks, Outlook & Strategy, Research & Development, Transition, Vision

    The quest for zero-emission fuels is dominating the decarbonization narrative in the maritime industry today. Ammonia and hydrogen are at the top of the candidate list for the future fuel mix. However, there are numerous challenges in establishing a scalable production of green hydrogen and green ammonia, as well as overcoming safety challenges, and financing […]

  • Construction starts for first US subsea rock installation vessel

    21 July 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Regulation & Policy, Transition, Vessels

    U.S. dredging services provider Great Lakes Dredge & Dock Corporation has held the steel-cutting ceremony for the construction of what is said to be the first U.S. offshore wind subsea rock placement vessel. The ceremony marking the start of construction for the Acadia vessel was held on 20 July at Philly Shipyard in Philadelphia, Pennsylvania. The […]

  • Lundin hires Island Offshore PSV duo for rig support in Norway

    23 March 2018

    Swedish oil and gas company Lundin Petroleum has chartered two LNG-powered platform supply vessels from Island Offshore.

  • Polarcus Inks Five Year BBCP Agreement with Russian OAO Sovcomflot

    11 August 2011
    Business & Finance

      Polarcus Limited announces that the Company has signed a five year Bareboat Charter Party Agreement (BBCP) with OAO Sovcomflot (SCF) of Russia. Under the terms of the BBCP Sovcomflot will charter POLARCUS SELMA, inclusive of an 8 streamer seismic equipment package, from Polarcus at a rate of USD 69,500 per day. The BBCP, viewed […]

  • No Detail Is Overlooked in Making Cruising Green

    23 January 2020

    YSA Design Chairman Trond Sigurdsen elaborates on making cruses greener.

  • UAE: Polarcus Reports Higher Q2 Revenues

    26 July 2011
    Business & Finance

    Polarcus Limited announces the release of its second quarter 2011 financial statements. In the second quarter 2011 Polarcus has focused on strengthening the Company’s operations, backlog and balance sheet. Revenues for the second quarter are significantly higher compared to the same quarter last year due to the expansion of the Polarcus fleet by three vessels […]

  • UAE: Polarcus Reports Higher Q2 Revenues

    26 July 2011
    Business & Finance

    Polarcus Limited announces the release of its second quarter 2011 financial statements. In the second quarter 2011 Polarcus has focused on strengthening the Company’s operations, backlog and balance sheet. Revenues for the second quarter are significantly higher compared to the same quarter last year due to the expansion of the Polarcus fleet by three vessels […]

  • Alewijnse Marine Hired for Electrical Refit of ‘Polarcus Naila’

    17 December 2013
    Business & Finance

    Systems integrator Alewijnse Marine Systems has been awarded the contract for the full electrical refit of the seismic vessel Polarcus Naila. The ultra-modern, 12 streamer 3D/4D seismic vessel will arrive in February 2014 at the Damen-owned yard Shipdock Amsterdam for a refit scheduled to last 35 days. The refit involves the replacement of the current […]

  • UAE: Polarcus to Raise Money for New Vessel through CB Issuance

    12 April 2011
    Business & Finance

      Polarcus Limited announces that the Company intends to issue USD 125 million in principal amount of Senior Secured Convertible Bonds (the “Bonds”) with a five-year tenure. The purpose of the Bonds is to finance the acquisition and completion of POLARCUS SELMA, an ultra-modern and Arctic-ready 8 streamer 3D seismic vessel of the ULSTEIN SX133 […]

  • Island Offshore Bags LWI Contract from Premier Oil Off UK

    29 August 2013
    Business & Finance, Operations & Maintenance, Project & Tenders

    Island Offshore, a leading global Light Well Intervention (LWI) specialist, has been selected by Premier Oil UK Limited to undertake a new LWI service contract on the UK Continental Shelf. The win strengthens Island Offshore’s established position in the dynamic and competitive North Sea marketplace. Premier, a growing oil and gas exploration and production company, […]

  • Island Offshore Secures LWI Service Contract Off UK

    29 August 2013
    Business & Finance

    Island Offshore, a leading global Light Well Intervention (LWI) specialist, has been selected by Premier Oil UK Limited to undertake a new LWI service contract on the UK Continental Shelf. The win strengthens Island Offshore’s established position in the dynamic and competitive North Sea marketplace. Premier, a growing oil and gas exploration and production company, […]

  • Techano Oceanlift cranes for two new construction support vessels

    12 March 2025
    Business & Finance, Vessels

    Sefine Shipyard has contracted Techano Oceanlift, a subsidiary of Oslo-listed Nekkar, to deliver 150-tonne cranes for two newbuild construction support vessels (CSVs) ordered by Norwegian offshore energy vessel and service providers. One of the cranes is already in production for a CSV ordered jointly by Eidesvik and Agalas. The two companies, through a strategic partnership […]

  • New CEO to Strengthen Scana Propulsion’s Strategic Position

    22 July 2013
    Business & Finance

    Terje Arnesen (51) has been temporarily engaged as CEO of Scana Propulsion, effective 12th August 2013. Terje Arnesen is a very experienced senior manager. He left the position as CEO of Bergen Group ASA in May this year. He has also held the positions as Executive Vice President, Shipbuilding and Excecutive Vice President, Maritime Sevices in Bergen Group. Before […]

  • Siemens, Bernhard Schulte Sign Deal for Two New SOVs

    13 January 2015
    Business & Finance, Operations & Maintenance

    Siemens has signed a chartering agreement with ship owner Bernhard Schulte for two new service operations vessels (SOV) to be purpose-built for the long-term service and maintenance operations of the Gemini and Sandbank/Dan Tysk offshore wind power plants in the North Sea. Officials from Siemens and Bernhard Schulte together with its offshore wind affiliate WINDEA […]