Business & Finance
IHC Merwede to Build Pipelaying Vessels for Work in Brazilian Waters
IHC Offshore & Marine, part of IHC Merwede, and SapuraCrest have signed two contracts for the design, engineering and construction of two new 550t pipelaying vessels. A third contract has been signed with OSX Construçăo Naval S.A. Brazil for the design and engineering of a 300t pipelaying vessel, as
Germany: Brancor, HYSSING Postpone First Payment for Gode Wind II
The wind farm project developer, PNE WIND AG, has not received the first payment from the sale of the “Gode Wind II” offshore wind farm project which was originally scheduled for the 29th February 2012. PNE WIND AG now expects this payment on 23rd March 2012 together with the second installment from
IHC Merwede to Build Three Pipelayers for Brazilian Waters
IHC Offshore & Marine, part of IHC Merwede, and SapuraCrest have signed two contracts for the design, engineering and construction of two new 550t pipelaying vessels. A third contract has been signed with OSX Construção Naval S.A. Brazil for the design and engineering of a 300t pipelaying vessel, as
Norway: Sinoceanic Fails to Fully Finance Purchase of MSC Altair
Sinoceanic II AS, a fully owned subsidiary of SinOceanic Shipping ASA (Sino) recently successfully raised a bond of USD 100 million in the international capital markets, to part finance the purchase of MSC Altair, a 13.100TEU container vessel scheduled for delivery on March 1st, 2012. To complete th
Norway: Dong Gets Green Light to Use Subsea Facility on Oselvar
Dong E&P Norge AS has received consent to use a subsea facility and pipeline on the Oselvar, an offshore oil field located 250 km (160 mi) southwest of Stavanger in the southern Norwegian section of North Sea The Oselvar field is situated southwest of Ula and northwest of Ekofisk. The field was disc
USA: Royal Caribbean Exercises Option to Build Second Sunshine Ship
Royal Caribbean Cruises, Ltd. exercised its option to build a second Sunshine-class cruise ship to be delivered in the Spring 2015. The ship will be built by German shipbuilder Meyer Werft on substantially the same terms as the first Sunshine ship. “This confirms our continued confidence in the succ
Norway Records Solid Increase in Proven Resources
The Norwegian Petroleum Directorate’s resource accounts for 2011 show a solid increase in proven resources and a net increase in reserves. The Norwegian Petroleum Directorate’s (NPD’s) resource accounts, with figures updated as of 31 December 2011, show that the total recoverable petroleum resources
Cathelco to Supply Equipment for Russian Navy’s BPC Mistral Class Ships
Cathelco will supply equipment for two force projection and command vessels, BPC Mistral Class, which are being built in France for the Russian Navy. DCNS will act as the prime contractor for the warships to be constructed at St -Nazaire, the first ship due for delivery in 2014. With a displacement
UK: Apache Orders BOP Handling Cranes from EnerMech
EnerMech have been awarded a £6.6 million contract by Apache North Sea Ltd to supply and install four new Blow Out Preventer (BOP) handling cranes on the Forties Alpha, Bravo, Charlie and Delta platforms. The project, which will deliver four Stahl cranes and is expected to be completed by Q1 2013, w
UK: New Managing Director for BMT Cordah
Aberdeen based, BMT Cordah, a subsidiary of the BMT Group, the leading international maritime design, environmental and engineering consultancy, has announced the appointment of Norman Di Perno as its Managing Director. Dr David Sell, who has been the company’s Managing Director for the past four an
Norway: PSA Grants Consent to BG Norge to Use Gaupe Subsea Facilities
BG Norge AS has been granted consent to use subsea facilities and pipelines on the Gaupe field. The Gaupe field is part of production licence 292 and lies about 240 km southwest of Stavanger, near the border to the UK shelf. The water depth in the area is about 85 metres. Production is scheduled to
Russia: Officials Discuss South Stream Project
Alexey Miller, Chairman of the Gazprom Management Committee moderated a meeting dedicated to the South Stream project. Taking part in the meeting were Leonid Chugunov, Head of the Project Management Department, Pavel Oderov, Head of the International Business Department and Marcel Kramer, Chief Exec
Norway: PSA Inspects Emergency Preparedness on Gjøa
PSA Norway, the government’s body responsible for safety, emergency preparedness and the working environment in the petroleum activities in Norway has carried out an inspection on the Gjøa facility, located in Norwegian North Sea. During the period 5-8 December 2011, the Petroleum Safety Authority N
Dong E&P Norge Gets Consent to Use Subsea Facility and Pipeline on Oselvar Field
Dong E&P Norge AS has received consent to use a subsea facility and pipeline on the Oselvar field. The Oselvar field is located southwest of Ula and northwest of Ekofisk. The field was discovered in 1991 and is part of production licences 274 and 274CS. Water depth at the site is approx. 72 metres.