Business & Finance
Norway: Statoil Wants i-Tech ROVs on COSL Rigs
Subsea 7, through its i-Tech division, announces today the award by Statoil ASA for the provision of ROV services onboard China Oilfield Services Ltd (COSL)’s new build Innovator and Promoter rigs currently under construction in China. i-Tech’s workscope includes the provision of two new build Centu
The Netherlands: Officials Discuss European Offshore Supergrid at EWEA Offshore
A European offshore supergrid – with interconnections between European countries and to offshore wind farms in Europe’s seas – is the vision, but there are big and significant barriers to achieving that vision. ‘We don’t have an interconnected European network today, and we don’t have an offshore gr
UK: OSIL Offers Upgrade to MiniBAT Underwater Towbody System
OSIL offers a new upgrade to their MiniBAT underwater towbody system. OSIL have fitted a custom-built splashproof housing for the electronic controls. This will now provide a fully wet-mateable system, with all controls in a single, rugged, corrosion proof suitcase. OSIL are also able to provide the
Norway: Seadrill Announces 3Q Net Income of USD 58 Million
Seadrill, a Norwegian-Bermudan offshore drilling company with operations around the globe today announced its third quarter 2011 net income of US$58 million. Consolidated revenues for the third quarter of 2011 amounted to US$1,029 million as compared to US$995 million in the second quarter. Operatin
Turkey: Besiktas Shipyard Launches New Tanker Built for Palmali Group
Launching ceremony of new 7,100 DWT tanker, named Mugan, took place yesterday, November 29, 2011 at Besiktas Shipyard, Yalova. Tanker Mugan is seventh out of ten tankers of Armada series of Project RST22M that Palmali Group ordered from Besiktas Shipyard. Besiktas Shipyard plans to perform the order
No Commercial Discovery for Cairn Offshore Greenland
Cairn Energy, a global oil and gas exploration company headquartered in Edinburgh, United Kingdom, today provided the operational update related to its 2011 exploration drilling campaign offshore Greenland where drilling operations were extended to complete activities on the last two wells in the At
Cyprus: SeaBird Reports Third Quarter Results
SeaBird announces following results for third quarter of 2011: HIGHLIGHTS · The Ocean Bottom Node (“OBN”) survey with Hugin Explorer and Munin Explorer was successfully completed on 16 August, followed by the pilot survey for ExxonMobil E&P Norway in the Norwegian North Sea. Upon completion, the ves
Offshore Marine Services Stores Cables for Siemens and Prysmian in Germany
Offshore Marine Services, the German arm of UK-based Offshore Marine Management, has successfully completed its first cable storage task for the consortium Siemens Energy and Prysmian Powerlink, the companies responsible for the BorWin 2 and HelWin 1 export cable systems including Offshore Sub Stati
Enermech Bags Crane Services Contract in Norway
Mechanical engineering services group, EnerMech, has won a £1 million (NOK 8.9M) crane services contract by Talisman Energy Norge AS. EnerMech AS, based in Stavanger, will deliver services to all Talisman’s Norwegian assets over the next six years. The three year (+3 year option) contract covers cra
Germany: Demag Cranes Announces Successful Financial Year
The Demag Cranes Group brought financial year 2010/2011 to a successful close. Not least thanks to factors including the economic recovery, demand for products and services noticeably improved overall. Group order intake increased by 23.1 % compared with financial year 2009/2010 to EUR 1,121.2 milli
Norway: STX OSV Secures Research Vessel Contract
STX OSV Holdings Limited, one of the major global designers and shipbuilders of offshore and specialized vessels, announces that it has secured a new contract for the construction of one Research Vessel for the Norwegian Defence Logistics Organisation (“NDLO”). The contract value is approximately NO
UK: Sonardyne Announces Acquisition of MARSS
Sonardyne announces the acquisition of MARSS Ltd, a high technology marine company with operations in the UK, Monaco and Italy. The Company is run by founder Johannes Pinl and supported by the European Union security directive. MARSS has led a pan-European team of research and military institutes, l
The Netherlands: Shipyard De Hoop Launches PSV Caballo Genitor
At the ceremony held last Saturday, De Hoop Foxhol shipyard launched the 4th KISS supplier, the Caballo Genitor. This vessel built under the yard number 433, is planned to be delivered in February next year. Platform Supply Vessel / Kiss Supplier is an environmental friendly vessel with diesel elect
The Netherlands: Groen Orders Two SRSV’s with Maaskant Shipyards
Dutch Shipping Company Groen has ordered two Seismic Research & Support Vessels (SRSV’s) with Maaskant Shipyards Stellendam (Netherlands), part of the Damen Shipyards Group. Maaskant has broad experience in maintenance and repair of Offshore Support Vessels. However, an order for SRSV-newbuilds is a