Business & Finance
Bangladesh: Western Marine Shipyard Set to Deliver Two Ships to Grona Shipping
Bangladesh’s leading shipbuilding company Western Marine Shipyard Limited is set to deliver two more ships to German (Wednesday, 21 Mar 2012), setting another milestone in the country’s shipbuilding industry. The delivery would be the fourth pair of ice class ships built by the Western Marine for th
UK: Ashtead Technology Announces Purchase of Sonardyne 6G Technology
Leading subsea equipment rental company Ashtead Technology has announced the purchase of $1.4m of Sonardyne 6G subsea acoustic positioning equipment. The announcement was made on the opening day of the Oceanology International 2012 exhibition and conference in London. The new equipment will be added
Expro’s AX-S Subsea Technology Receives Recognition
International oilfield services company Expro has won the Offshore Achievement Innovator Award in recognition of its ground breaking AX-S subsea well intervention technology. The Innovator Award, which was presented at a ceremony in Aberdeen on Thursday (15 March), recognises excellence in innovativ
Shell Awards Inspection Services EFA to GL Noble Denton
GL Noble Denton, an independent technical advisor to the oil and gas industry, has been awarded a four-year enterprise framework agreement (EFA) to provide inspection services for Shell’s extensive global portfolio of projects in select locations. GL Noble Denton’s network of highly qualified inspec
The Netherlands: Royal Niestern Sander to Launch MSV Sanaborg
On the 29th of March the icebreaking multipurpose support vessel Sanaborg will be launched at the shipyard Niestern Sander. The Sanaborg is the first in a series of special engineered logistic services in the Caspian Sea. The expected delivery will be at the end of July. The second icebreaker, Serke
Spain: TERCAT Takes Delivery of Four Super-Post-Panamax Quay Cranes
On March 16, TERCAT took delivery of four Super-Post-Panamax quay cranes for its new container terminal at Muelle Prat, making a total of eight such cranes at the facility. TERCAT, a member of the Hutchison Port Holdings Group, received the first four quay cranes for Muelle Prat on 6 March. The cran
Norway: Eidesvik Sells 50 Pct of Newbuild Subsea Vessel
Following the declaration of an option granted to Subsea 7, Eidesvik has sold 50% of the subsea vessel that is under construction at Ulstein Verft (Hull 295). The vessel will be 106.5 m long and 24.5 m wide with a top speed of over 17 knots. This subsea vessel will be equipped with three ROVs: [&hel
USA: Transocean Secures Deal for Deepwater Expedition Drillship
Transocean, one of the largest drilling contractors in the world recently announced that its drillship, Deepwater Expedition, was awarded a two-year contract with an undisclosed customer commencing December 2012. The initial dayrate of the contract is $650,000 ($475 million contract backlog). Additi
The Netherlands: Periplus Finishes Data Conversion for RWS Oost-Nederland
The River Waal is the main commercial shipping route in the Netherlands. In order to allow vessels to load to maximum capacity, it is of utmost importance that the water depths are guaranteed at all times. In order to monitor this, RWS Oost-Nederland surveys the riverbed with Multibeam Echosoundings
UK: OMM’s Met Mast Design Can Reduce Offshore Costs and Environmental Impact
Offshore Marine Management (OMM) has developed a new meteorological mast (‘met mast’) concept which can reduce costs for offshore wind developers and have a lesser impact on the environment. The new met mast design by OMM removes the need for specific front end engineering as a number of different v
Sweden: Koole Maritiem Executes Salvage of 6,000 ton Stranded Floating Dry Dock
The floating dry dock, 165 x 35 meter in dimension, broke loose from its mooring at the southern quay of Oresund DryDocks premises in Landskrona on the 27th of November 2011. The dock drifted in an eastern direction towards bay of Lundåkra, due to the high sea water level occurring at that day it pa
Norway: Valiant Buys Rocksource’s NCS Assets
Valiant Petroleum plc has entered into an Asset Purchase Agreement with Rocksource ASA (“Rocksource”) to take stakes in substantially all of Rocksource’s licenses on the Norwegian Continental Shelf (“NCS”) for a total post-tax effect consideration of NOK 104 million (18.13 million U.S. dollars) The
UK: Kongsberg Delivers Another EM2040 Dual Head to MMT Group
MMT Group announces its second ownership of a Kongsberg EM2040D. The EM2040 dual head 0.4 degrees system will be delivered to NetSurvey part of MMT Group in the beginning of April. This is the first highly developed multibeam echo sounder to combine all of the advanced features of deepwater echo sou
Denmark: DEXAWAVE Receives Grant to Build Its Wave Energy Converter
DEXAWAVE, the Danish wave energy generator developer, has received a DKK 10 million grant. The funding secured from the Danish state investment fund Vækstfonden will be used to build a full-scale prototype of its pontoon-based wave energy converter. The DEXAWAVE wave energy converter has a simple co