Business & Finance
UK: Subsea 7 Bags USD 185 Million SURF Contract in North Sea
Subsea 7 S.A. announced today the award of a SURF contract valued at approximately $185 million from Elf Exploration UK Limited on the West Franklin Field in the Central Graben area of the North Sea. The contract scope includes engineering, procurement, fabrication, installation and commissioning of
Iceland Boat-builder Seigla Ehf Delivers Largest Vacuum Infused Fishing Vessel
The largest vacuum infused fishing vessel in the world, named the S-70 Saga K, has been unveiled in Norway. The vessel, which accounts for the largest new build so far, has been delivered on December 16, 2011 by the boatbuilder Seigla Ehf to Eskøy AS in Tromsø. The S-70 Saga K, 14.98 meters long and
Norway: Bergen Group Fosen Wins Conversion and Maintenance Contracts
Bergen Group Fosen has this week been awarded two contracts related to conversion and maintenance work. The contracts will first and foremost generate work in the rest of December 2011 and throughout January 2012. One contract is for renovation of the propulsion system on the car ferry “Olav Duun”.
UK: Viking Moorings Appoints New CEO, Outlines 2012 Strategy
Viking Moorings announced the appointment of Bill Bayliss as Group Chief Executive, heralding a significant restructuring of the company… (Marine Link) [mappress] Source: Marine Link , December 21, 2011; Image: Viking Moorings
Norway: Northern River MPSV Sails to New Owner
Seabrokers reported that UT745L ‘Northern River’ multi purpose support vessel with overall length of 92.8 meters has been delivered to its new owners Serco Ltd on December 20. Seabrokers Ltd said they “were pleased to act as sole broker in this transaction.” Formerly owned by Deep Ocean Shipping AS,
STX France Secures Order for Two Luxury Cruise Ships
STX France SA has received an order to build two luxury cruise ships from Viking Ocean Cruises, an affiliate of Viking River Cruises. The vessels will be delivered in spring 2014 and spring 2015, respectively, and will be part of Viking’s new Ocean Cruise brand. An option for a third ship is being c
CMS Advises Mainstream and Siemens on SMart Wind Stake Sale (UK)
CMS has advised the 50/50 joint venture between Mainstream Renewable Power and Siemens’ Financial Services unit, represented by Siemens Project Ventures GmbH, on the sale to DONG Energy of a 33.3% stake in the first two offshore wind projects in SMart Wind’s Hornsea zone with a potential total capac
CMS Advises Mainstream and Siemens on SMart Wind Stake Sale (UK)
CMS has advised the 50/50 joint venture between Mainstream Renewable Power and Siemens’ Financial Services unit, represented by Siemens Project Ventures GmbH, on the sale to DONG Energy of a 33.3% stake in the first two offshore wind projects in SMart Wind’s Hornsea zone with a potential total capac
Poland: Keel-laying Cermony for Fjord Line’s Cruise Ferry
The keel-laying cermony for the second of Fjord Line’s two new cruise ferries were marked at the shipyard in Gdansk on Thursday 15 December 2011. “Laying the keel” has more symbolic than practical significance in that the keels of the modern ships no longer stretch the traditional way. Yet is this c
Norway: IKM Group Enters into Agreement to Acquire Cleandrill
IKM Group have entered into an agreement to acquire a majority shareholding in Cleandrill AS, which will be re-named IKM Cleandrill. Bergen based Cleandrill is a subsea technology business, specialising in collection, management and transfer of drilling fluids and cuttings. This acquisition forms pa
Norway: IKM Buys Majority Stake in Cleandrill
IKM Group have entered into an agreement to acquire a majority shareholding in Cleandrill AS, which will be re-named IKM Cleandrill. Bergen based Cleandrill is a subsea technology business, specialising in collection, management and transfer of drilling fluids and cuttings. This acquisition forms pa
UK: OSIL Offer Scour Monitor and Data Review Package for Wind Farms
OSIL offer a complete Scour Monitoring and Data Review Package for wind farms and other similar structures. Scour is a significant concern for owners and operators of offshore structures, as erosion of the sediment in the vicinity of a structure can lead to a lowering of the seabed directly surround
Foster Wheeler Signs Forties Pipeline System Contract
Swiss-based Foster Wheeler AG has been awarded an engineering, procurement and construction management contract by BP Exploration Operating Company Limited for BP Exploration’s Enhanced Gas Separation Project (EGSP) in Scotland. The Foster Wheeler contract value for the project was not disclosed. In
Unique Maritime Group Opens New Premises in Russia
Unique Maritime Group, one of the world’s leading integrated turnkey subsea and offshore solution providers, announces the official launch of its office in St. Petersburg, Russia. The establishment of the facilities comes as part of a planned international expansion strategy, as the company is looki