Business & Finance
UK: Lybster Field Put on Production
Trapoil , the independent oil and gas exploration and appraisal company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, yesterday announced the start of production at its Lybster field situated on Block 11/24 – 3v2 (“Lybster”), which is operated by Caithness Oil Limited. The Ly
Dutch Vroon Offshore Adds Another AHTS to its Fleet
The Netherlands based shipping company, Vroon Offshore Services (VOS), yesterday added another AHTS vessel to its fleet. The VOS Thalassa, a 1,400 dwt anchor handling tug support (AHTS) vessel built at the Fujian SouthEast Shipyard in China, was delivered yesterday, 2 May 2012, from the Shipyard. VO
SylWin Alpha Offshore Platform Construction Starts at Nordic Yards, Germany
Construction starts on the SylWin alpha offshore transformer platform at Nordic Yards, manufacturer of innovative special ships and major maritime projects for the offshore wind and other industries. Today, on the date announced at the contract signing in February this year, the first steel blank cu
Marine Projects’ Shipyard Delivers Vessel Merweriver to Its Dutch Owner
On Tuesday the 1st of May Newbuilding 707 named Merweriver was delivered to its Dutch owner. The vessel, built and delivered at Marine Projects Ltd. Shipyard in Gdansk, is of the 4030 DWAT Bodewes Trader series. Merweriver is a Multi Purpose Dry Cargo Ship equipped for Containers and Strengthened fo
TGS: Highest Quarterly Revenue in Company’s History (Norway)
TGS reports net revenues of USD 191 million in Q1 2012, compared to USD 132 million in Q1 2011, a 45% increase. This is the highest quarterly revenue figure in the Company’s history. Investments were USD 101 million, up 132%. TGS’ backlog amounted to USD 242 million at the end of Q1 2012, representi
Kvaerner Wins USD 1.4 bln EPC Contract for Edvard Grieg Topside (Norway)
Kvaerner has received a letter of intent from Lundin Norway AS for engineering, procurement and construction (EPC) of the topside for the Edvard Grieg platform (formerly Luno). The estimated contract value is approximately NOK 8 billion (USD 1.4 billion), excluding options in the contract for offsho
UK: Gardline to Transport Dong Energy’s Personnel
With more than 20 years experience in the wind power industry, Dong Energy is one of the leading offshore wind farm developers in the country and Gardline, with its fleet of specialist turbine transfer vessels will be transporting personnel to and from offshore wind turbines, offshore sub-stations a
Hydrex Conducts Underwater Stern Tube Seal Replacement Job in Spain
Last month Hydrex mobilized a diver/technician team to a 145-meter general cargo vessel in Las Palmas, Spain when oil was leaking from the stern tube seal assembly of the ship. The team used the Hydrex flexible mobock technique to create a dry working environment around the assembly and replaced thr
UK: Pinsent Masons Names Ruddiman as Head of Energy
International law firm Pinsent Masons has appointed Bob Ruddiman as Global Head of Energy and Natural Resources, in a move which underlines the firm’s energy industry commitment. Mr Ruddiman was previously Head of Energy at McGrigors which merged with Pinsent Masons on 1 May to create the UK’s 12th
USA: Superior Energy Takes Delivery of Kongsberg Maritime Training Simulator
Superior Energy Services of Houston, Texas, took delivery of one of the most advanced maritime training simulators ever developed, in April 2012. The next-generation simulator from Kongsberg Maritime will be used to provide integrated, real-time training for Superior’s offshore marine personnel at i
UK: Salmond Destroying Scotland’s Economy, Says Trump
In a letter addressed to First Minister Alex Salmond, Donald Trump said that international investors no longer see Scotland as a safe place to invest and that 83 percent of Scots consider wind farms as a “blot” on the landscape, reported Bloomberg. Trump said that Salmond is destroying Scotland’s in
Norway: Nautronix Supports Ocean Installer’s Offshore Construction Activities
Nautronix have been awarded a three year contract by the Norwegian SURF contractor, Ocean Installer AS, for the supply of survey services to support their offshore construction activities. The contract includes the provision of onshore and offshore survey services in support of tendering and project
UK’s Cathelco Protects FPSO Xikomba from Corrosion
For a decade, Cathelco ICCP equipment has successfully protected the hull of the FPSO Xikomba against corrosion, a vessel which was originally built as a VLCC in 1974. Now as FPSO prepares to embark on the next phase of its operational life, Cathelco are renewing the impressed current cathodic prote
Greece: TMS Bulkers, TMS Dry to Use ABS’ NS5 Enterprise Software
ABS Nautical Systems has signed contracts with TMS Bulkers Ltd. and TMS Dry Ltd. for use of its NS5 Enterprise software. The Greece-based bulk carrier operating companies for the TMS Group were both looking to improve the machinery and structural assessment programs that are already in place. Both c