Top News of the Week of Feb 17 – Feb 23, 2014

Business & Finance

February 23, 2014

1. Submarine Cable Installation Between Coll and Tiree

Submarine power cable installation, performed by Briggs Marine Contractors Limited, will take place between the islands of Coll and Tiree.

2. Baltic Ace Wreck Salvage Contract Award

The Dutch Department of Public Works plans to award a wreck salvage contract for the Baltic Ace car carrier to Boskalis and its partner Mammoet Salvage.

3. IHC Merwede Launches Pipelaying Vessel SAPURA TOPÁZIO

IHC Merwede has successfully named and launched the pipelaying vessel SAPURA TOPÁZIO in a ceremony at the company’s shipyard in Krimpen aan den IJssel, The Netherlands.

4. Technip to Maintain Same Strategic Directions

Technip’s CEO reviewed the fourth quarter and annual 2013 results as well as what is to come in the years ahead.

5. Subsea 7 Secures Remote Intervention Services Contract from Petrobras

Subsea 7′s i-Tech division secured two awards by Petrobras for remote intervention services with a combined value in excess of US $90 million.

Top News of the Week of Feb 03 – Feb 09, 2014