Business & Finance
The Netherlands: Fairstar’s BoD Rejects Dockwise Take Over Proposal
Fairstar Heavy Transport N.V. (FAIR) has received an unsolicited, conditional, offer from Dockwise to acquire Fairstar shares at a purchase price of NOK 9.3 per share The Joint Supervisory and Management Boards of Fairstar have met this evening and concluded that the conditional offer for Fairstar s
Denmark: Dong to Sell Offshore Wind Farm Stakes
Dong Energy is planning to sell stakes in its offshore wind farms, as it plans to invest 10 billion kroner (USD 1.8 billion) a year in offshore wind, reports Bloomberg. Deputy Chief Executive Officer Morten Buchgreitz said: “You haven’t seen the last sale from Dong Energy of stakes in a wind farm.”
Trapoil: Orchid Well Re-drilling (UK)
Trapoil, the independent oil and gas exploration and appraisal company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, has been advised by Summit Petroleum Limited that the 12 ¼” hole section of the Orchid well bore has been re-drilled as a mechanical side-track. The partners i
Norway: Oceanteam’s Newbuild CSV Commences Five Year Charter
Oceanteam Shipping ASA has announced that it’s new Lay Vessel, CSV North Ocean 105 which is jointly owned with J Ray McDermott (Norway) AS, has been delivered on time and has immediately commenced a five year time charter. The company’s fleet of CSVs now consists of four partially owned North Ocean
APMT Chooses Imtech as Partner for New Container Terminal at Dutch Maasvlakte
Royal Imtech N.V. (IM-AE, technical services provider in and outside Europe) announces that APMT – AP Moller Terminal, part of the Maersk Group – has selected Imtech as partner, together with the constructing companies Dura Vermeer and GMB, to realise a high-tech container terminal at the second Dut
Norway: OTS Takes Delivery of CSV North Ocean 105, Begins 5 Year Charter
Oceanteam Shipping ASA has announced that it’s new Lay Vessel, CSV North Ocean 105 which is jointly owned with J Ray McDermott (Norway) AS, has been delivered on time and has immediately commenced a five year time charter. The company’s fleet of CSVs now consists of four partially owned North Ocean
PSA Orders ConocoPhillips to Fix Pressure Relief System on Tor Field
The Petroleum Safety Authority Norway (PSA) has issued a notification of order concerning non-conformity with requirements in the regulations for the pressure relief system on Tor 2/4 E. Operator ConocoPhillips has been aware of this non-conformity for some time. The notification is based on an indi
The Netherlands: Dockwise Proposes Acquisition of Fairstar
Dockwise Ltd., indirectly, through its wholly-owned subsidiary Dockwise White Marlin B.V. has entered into share purchase agreements for the acquisition of approximately 54 % of the shares in Fairstar Heavy Transport N.V., a company listed on the Oslo Stock Exchange. Certain of these agreements repr
SR250 Starts Exporting Power to UK National Grid
In the latest of a series of onsite tests at EMEC Stromness based Scotrenewables Tidal Power Limited has successfully generated and exported power into the UK national grid for the first time. On the 18th of April the SR250 full-scale prototype was towed to EMEC Fall of Warness tidal test site and c
Dutch Dockwise to Convert Black Marlin to Type 1 Vessel
Dockwise Ltd, a Dutch heavy-lift and transportation company, today announces the decision to convert its Type 2 vessel, the Black Marlin, to a Type 1 vessel similar to its sister ship, the Blue Marlin. Conversion will lift the Black Marlin’s carrying capacity from 56,000 to 76,000 tonnes. The design
German Peters Schiffbau Converts Fishery Vessel into Research Ship
After a refit period of about three years the refit of the former German fishery protection vessel “SEEFALKE” to a research ship has been completed. RV “FALKOR”, now a multi-functional scientific research vessel, was delivered to the owner. RV “FALKOR” is a ship of 82.9 m length, a breadth of 13.0 m
Refit of Former German Fishery Protection Vessel ‘SEEFALKE’ Completed
After a refit period of about three years the refit of the former German fishery protection vessel “SEEFALKE” to a research ship has been completed. RV “FALKOR”, now a multi-functional scientific research vessel, shall today be delivered to the owner. RV “FALKOR” is a ship of 82.9 m length, a breadt
Norway: Aker Solutions Bags Svalin Umbilical Contract
Aker Solutions has been awarded a contract by Subsea 7 for the design and fabrication of a control umbilical for Statoil’s Svalin C project on the Norwegian continental shelf. Contract value is undisclosed. Scope of work includes a six kilometre long control umbilical, connectors, engineering and pr
Aker Solutions to Supply Umbilicals for Statoil’s Svalin C Project
Aker Solutions has been awarded a contract by Subsea 7 for the design and fabrication of a control umbilical for Statoil’s Svalin C project on the Norwegian continental shelf. Contract value is undisclosed. Scope of work includes a six kilometre long control umbilical, connectors, engineering and pr