Business & Finance
STX Finland Starts Construction of Double Ended Ferry
STX Finland Oy’s Rauma Shipyard started a production of a Double Ended newbuilding no. 1380 for Finferries, on Tuesday, December 13. Delivery of the 65-metre vessel is planned for the end of 2012. The double ended and environmentally friendly passenger ferry will operate in Turku Archipelago, Finlan
Saipem Wins USD 600 Million Worth of Offshore Contracts in South America
Italy based Saipem has been awarded new E&C Offshore contracts in South America worth approximately $600 million. In Brazil, Saipem has been awarded an EPIC contract by Petrobras for the development of the gas export pipeline Lula NE – Cernambi, in the Santos Basin Pre-Salt Region, approximately 270
Total Appoints New Vice-President for Investor Relations (France)
Martin Deffontaines is appointed Vice-President, Investor Relations of Total. He succeeds Bertrand de La Noue who is appointed General Representative for Total in China. Martin Deffontaines has been Vice President Strategy within Strategy Business Development R&D Division, in Exploration Production,
Greece: Excel Maritime Announces Three New Charter Agreements
Excel Maritime Carriers Ltd., an owner and operator of dry bulk carriers and an international provider of worldwide seaborne transportation services for dry bulk cargoes, announced today that it entered into three new period charter agreements for one Capesize and two Kamsarmax vessels. More specifi
Norway: Production from Skarv Field Put Off for 2Q 2012
PGNiG was informed by its Norwegian subsidiary that the production start from the Skarv field on the Norwegian Continental Shelf is now likely to be deferred from the first quarter 2012 to the second quarter 2012. The reasons are harsh weather conditions on the Norwegian Sea during the installation
BOURBON Opens New Affiliate in Russia
BOURBON opens a new affiliate in Saint Petersburg, Bourbon Baltic, which will provide clients with first-class ship management resources. It complements BOURBON’s current operations in Sakhalin. Global leader in offshore oil and gas marine services, BOURBON opens Bourbon Baltic, an affiliate based i
Germany: 70 Ton Bollard Pull Tug Gets Voith Propulsion System
The port of Haifa is one of the largest ports in Israel and a key hub for trade in the Eastern Mediterranean. The port handles over 20 million tons of goods a year. With their precise maneuverability, four Voith Water Tractors ensure safe berthing of the container ships. Recently, the tug fleet was
Denmark: Lloyd’s List Ranks Maersk Chiefs as Most Influential in Shipping Industry
Chief Executive Nils Smedegaard Andersen and Eivind Kolding at Danish shipping and oil group A.P. Moller-Maersk, have been ranked as the most influential individuals in shipping according to Lloyd’s List, Reuters reports. In the shipping newspaper’s annual ranking, the “Lloyd’s List One Hundred”, th
EV Enters Six-Month Agreement with BP Norway
Fast-evolving oil and gas remote downhole and wellbore camera specialists EV has entered a six-month agreement with BP Norway to deploy its industry-reputed technology on North Sea assets. The company, which has also been named as the oil major’s preferred supplier of camera and video inspection too
Bourbon Opens New Affiliate in Saint Petersburg, Russia
Bourbon opens a new affiliate in Saint Petersburg, Bourbon Baltic, which will provide clients with first-class ship management resources. It complements BOURBON’s current operations in Sakhalin. Global leader in offshore oil and gas marine services, BOURBON opens Bourbon Baltic, an affiliate based i
Turkmenistan: Dragon Oil Puts Another Offshore Well on Stream
Dragon Oil plc, an international oil and gas exploration, development and production company, announces the completion and initial testing of the Dzheitune (Lam) 28/164 development well, offshore Turkmenistan. The well was drilled to a depth of 1,865 metres and completed as a single producer by the
Bourbon Establishes Russian Affiliate
BOURBON opens a new affiliate in Saint Petersburg, Bourbon Baltic, which will provide clients with first-class ship management resources. It complements BOURBON’s current operations in Sakhalin. Global leader in offshore oil and gas marine services, BOURBON opens Bourbon Baltic, an affiliate based i
Fugro Brasil Orders ROV Support Vessel
Fugro Brasil has signed a contract with Wilson Sons to build a DP-2 ROV Support Vessel in Brazil. The vessel´s total length is 83 meter with a main deck space of 520 square meter, gross tonnage of 4,400 ton, and accommodation for in total 60 persons. The vessel will be built at Wilson Sons´ shipyard
The Netherlands: Damen Shipyards to Build Four PSVs for WWS
The Dutch shipbuilder, Damen Shipyards Group, has agreed with Norwegian shipowner World Wide Supply (WWS) to build 4 Platform Supply Vessels of the design “Damen PSV 3300 CD”. The vessels will be delivered from Damen`s shipyard in Romania from June to December 2013 and has a contract value of € 95 m