Business & Finance
First Subsea’s Connector Enables Nexen Petroleum UK Blackbird Field Umbilical Tieback
A diverless and ROVless bend stiffener connector from subsea connector specialist First Subsea has enabled Nexen Petroleum UK Ltd. to complete the tie-back of an umbilical connector from the Blackbird field to the nearby Ettrick field’s FPSO Aoka Mizu in the UK central North Sea First Subsea conduct
Norway: Kongsberg Evotec Forms New Cranes and Lifting Department
Kongsberg Evotec, a wholly owned subsidiary of Kongsberg Maritime, has established a new department dedicated to developing its crane and lifting products for the offshore supply and subsea segment. The department, which opened officially in January 2012 is based in Molde, Norway, with production ta
Norway: Statoil Orders Two cat D Rigs from Songa Offshore
Norway’s Statoil has awarded Songa Offshore with contracts for two newbuild “cat D” semisubmersible rigs. This award follows the agreement of July 2011 between Songa Rig AS and Statoil for the first two cat D rigs. The contract period is for eight years with an aggregated value of USD 2.66 Billion,
Germany: Experts to Discuss Challenges and Future Development of Offshore Cabling
One of the key elements in the successful construction of an offshore wind park is the skilful installation of cables – a complicated task that is often subject to huge repair costs. Cable damage causes over 70% of all insurance claims on installed wind parks, which shows that there is great need fo
TAP Conducts Seabed Survey North of Vlore Offshore Albania
On the 23rd of February the Trans Adriatic Pipeline started a nearshore survey north of Vlore in south-eastern Albania. The purpose is to collect samples of the seabed soil near the Albanian coast along the planned route of the natural gas pipeline, which plans to bring Caspian gas to southern Italy
The Netherlands: VOSTA LMG, APT Global Marine Sign Co-operation Agreement
Beginning of 2012 VOSTA LMG and APT Global Marine Services LLC have signed an agreement for co-operation in the field of Dredger construction, manufacture of components and servicing of dredger vessels operating in the Middle East, North African (MENA) region. VOSTA LMG is a well experienced technic
UK: Dana Buys More Into Bittern
Dana Petroleum plc (‘Dana’), a subsidiary of Korea’s KNOChas reached an agreement with Hess Corporation to acquire Hess’ 28.3% interest in the Bittern field, increasing Dana’s share to 33%. As a result of the transaction Hess will resign the affiliated operatorship of the Triton floating production,
Norway: Vestland Offshore Orders Havyard 832 Design PSV
Havyard Group AS has sold yet another Havyard 832 design, the 15th of its kind. Yesterday, Vestland Offshore ordered a PSV vessel, with an option for one further delivery. The first vessel to be constructed is of a Havyard 832 L design, whereas the optional ship is of a Havyard 833 design. Both vess
Norway: Havyard Sells PSV to Vestland Offshore
Havyard Group AS has sold yet another Havyard 832 design, the 15th of its kind. Yesterday, Vestland Offshore ordered a PSV vessel, with an option for one further delivery. The first vessel to be constructed is of a Havyard 832 L design, whereas the optional ship is of a Havyard 833 design. Both vess
VBTH Takes Delivery of Its New Dry-cargo Vessel from China
VBTH holding accepted delivery of dry-cargo vessel “Malachite” of DCV36 project into its operation (building No. QHS-305). The vessel was built by Qingdao Hyundai Shipbuilding Shipyard (Qingdao, China). Unlike previous dry cargo vessels series (RSD44 and RSD49 projects) built for the holding, DCV36
Germany: Rickmers Group Gets New Deputy CFO
Dr Mark-Ken Erdmann will join Rickmers Holding in Hamburg as Deputy CFO as of 1 July 2012. In this position, he will be responsible for a broad range of corporate functions including Accounting & Controlling, Tax, IT, Human Resources, Legal Affairs, as well as Mergers & Acquisitions. He will report
UK: Sigma Offshore Welcomes New Member to Its Team
International FPSO moorings and marine engineering services business, Sigma Offshore, has added new impetus to its growth plans by appointing an experienced industry figure to head up one of its key service areas. Geir Eik has become Vice-President Internal Turret Systems at Aberdeen-headquartered S
UK: Alnmaritec, BMT Nigel Gee Complete Design of Fast Patrol Boat
In partnership with Northumbrian boat builder, Alnmaritec, BMT Nigel Gee Ltd, a subsidiary of BMT Group Ltd the leading international maritime design and engineering consultancy has recently completed the design and delivery of its 40 knot fast patrol boat design. The vessel is destined for the Arab
Scotland and England Strive to Create Hub for Offshore Wind Industry
Scotland and England are competing to create hub for $52 billion offshore wind industry. Leith, the port area of the Scottish capital, Edinburgh, and the northeast English coastal town of Hartlepool are striving for an investment worth 150 million-pound ($237 million) from a Spanish wind-turbine mak