Business & Finance
India: Wison Offshore & Marine, VGS Group Sign FRU Contract
Shanghai-based Wison Offshore & Marine Ltd., a subsidiary of the Wison Group, announced yesterday the signature of an agreement in principle to supply a newbuild floating LNG regasification unit (FRU) to VGS Group of New Jersey, USA, for installation offshore India. The FRU, which will be owned by V
Belgium: Antwerp Hosts TOC Container Supply Chain Europe 2012
Freight rate stability, price transparency, service reliability and better forecasting are the critical factors for improved container supply chain efficiency, say speakers at TOC Container Supply Chain Europe 2012 conference. Ocean shipping lines need to think more like their customers and be ‘real
Songa Offshore: Fleet Status Update for May/June
Songa Offshore, a Cyprus based drilling contractor, has announced its fleet status update for May/ June 2012. Songa Venus achieved an average operating efficiency of 98% during the period. The rig continues to operate for Petronas Carigali in Malaysia. It is anticipated that the 1 year optional cont
Explora Buys Stake in Lundin’s North Sea License (Norway)
Lundin Petroleum AB has entered into a farmout agreement with Explora Petroleum AS (Explora Petroleum) in respect of licence PL544. Explora Petroleum will acquire a 30 percent interest in PL544, the license is located in the Norwegian sector of the North Sea. The farmout agreement is subject to appr
WHOI: Atlantic Ocean’s Microscopic Plants Blooming Begins
Across the horizon and miles out to sea toward the north, the Atlantic Ocean’s spring and summer ritual unfolds entailing the blooming of countless microscopic plants, or phytoplankton. In what’s known as the North Atlantic Bloom, an immense number of phytoplankton burst into existence, first “green
John Mills Valves Completes Works on Triton FPSO
John Mills Valves, a subsidiary of Wärtsilä Valves Limited, has completed a contract for a bronze globe valve for GE Oil & Gas for the firefighting system handling seawater on the Triton FPSO facility, approximately 100 miles off the east coast of Scotland. GE Oil & Gas required a non-standard valve
Germany: Moby Lines Turns to Colfax for Engine Room Pumps
Colfax has announced that leading Italian ferry operator, Moby Lines, has purchased 14 of its Optiline magnetic coupling pumps. They will be used for heavy oil transfer in the engine rooms of a number of Moby Lines’ ferries on its routes to and from the Italian mainland to the islands of the Upper T
Norway: Safe Boreas Gets First Contract from Lundin
Prosafe has signed a contract with Lundin Norway AS (‘Lundin’) for the use of its new build accommodation rig Safe Boreas to provide accommodation support at the Edvard Grieg Project in the Norwegian sector of the North Sea. On site operations are planned to commence Q2 2015, with a firm period of 6
Danish Maritime Authority to Study Seafarers’ Feedback on Administrative Work
Danish shipowners and seafarers have a feeling that they spend more and more time on administrative work. But does it make sense and create value? The Danish Maritime Authority has uncovered this in a comprehensive study, carried out by Cowi. 796 seafarers and several shipowners have been involved.
Rhenus Midgard Delivers Submarine Cables for Anholt Wind Farm (Germany)
At its harbour location Nordenham, Rhenus Midgard delivered, stored and handled about 30 km of submarine cables on behalf of Nexans in May. The submarine cables of the world’s leading manufacturer in the cable industry will connect a part of the 111 wind turbines of Denmark’s largest offshore wind f
IMDC Celebrates 30th Anniversary (Belgium)
International Marine & Dredging Consultants (IMDC) celebrated its 30th anniversary in May. For just over three decades IMDC has been providing, on a worldwide base, specialised, water-related engineering and consultancy services for public authorities, engineering offices and contractors. Starting a
The Underwater Centre Agreement Reaches Conclusion (UK)
The Underwater Centre in Fort William and Unique System (UK) Ltd finalized the representation of The Underwater Centre agreement, according to Your Subsea News. Unique System (UK) Ltd, of Unique Maritime Group Company, will highlight the services and the facilities of the centre to the industry. Uni
FMC Technologies to Supply Statoil’s Gullfaks with Subsea Equipment (Norway)
FMC Technologies, Inc. announced today that it has signed an agreement with Statoil for the manufacture and supply of subsea production equipment to support the Gullfaks South field development. The contract has an estimated value of $200 million in revenue to FMC Technologies. Gullfaks South will b
FMC Technologies to Supply Subsea Systems for Statoil’s Gullfaks South (Norway)
The U.S. based FMC Technologies, Inc. announced today that it has signed an agreement with Statoil for the manufacture and supply of subsea production equipment to support the Gullfaks South field development. The contract has an estimated value of $200 million in revenue to FMC Technologies. Gullfa