Business & Finance
Norway: Subsea 7 Wins Contract for Atla Field Development
Subsea 7 S.A. announced today the award of a SURF contract valued at approximately $75 million from Total E&P Norge AS on the Atla (formerly David) Field, situated in the central part of the North Sea, 20km northeast of the Heimdal Field. The contract scope includes the management, engineering, proc
Technip Wins Engineering Job for Valemon Development, Offshore Norway
Technip was awarded an engineering services contract by Samsung Heavy Industries Co Ltd at Statoil’s Valemon gas and condensate field located in the Norwegian North Sea, about 160 kilometers west of Bergen. The contract covers detailed design, procurement engineering and follow-on engineering suppor
Germany: Two Luxury Cruise Ships Get Extensive Renovation
Recently, luxury cruise liner “MS Oriana” of P&O CRUISES was floated into Dock 11 of Blohm + Voss Repair. Four weeks are required to complete the overhaul and renovation work. On December 17, 2011, the „MS Oriana“ is scheduled to leave Hamburg. The extensive renovation covers various areas. Among ot
UK: Buckie Shipyard Enters Agreement to Build Teknicraft WFSVs
Scottish boatbuilder, Buckie Shipyard on the Moray Firth have entered an agreement with Veecraft Marine of Capetown SA to be the UK builder of the Teknicraft design of Wind Farm Service Vessels. The design is a foil assisted catamaran using the proven hull form by Nic de Waal of the New Zealand firm
Norway: Naming Ceremony for New Support Vessel Olympic Electra
Olympic Shipping, Norway based owner and operator of offshore vessels, announced that the naming ceremony for new multipurpose field support vessel Olympic Electra took place at Myklebust Yard November 18th and it was performed by Godmother Merete Kvalsund Olympic Electra is equipped with diesel ele
Cyprus: SeaBird Announces Divestment of Ocean Bottom Node Business
SeaBird Exploration PLC has entered into a share and purchase agreement (“SPA”) with Fugro Norway AS on 18 November 2011. Under the SPA, Fugro will acquire SeaBird Technologies AS and Seabed Navigation Company Limited which collectively hold all of the Company’s rights and assets related to the ocea
Naming Ceremony for Olympic Shipping’s Offshore Support Vessel
Olympic Shipping announced that the naming ceremony of their new vessel Olympic Electra was held in Myklebust Yard on Friday (November 18th, 2011). The company said that the ceremony, in spite of the rainy weather, was a successful event performed in an excellent manner by the vessel’s Godmother Mer
UK: Pole Star Contributes 1500 Ships to Amver Search and Rescue Plot
Today, over fifteen hundred vessels are contributing position reports to the Amver search and rescue plot via the Pole Star automatic Amver link. In close collaboration with Amver, Pole Star developed the automatic link in 2008, allowing ship owners and operators to automatically send position repor
Russia: EBRD Approves USD 155 Million Loan for Modernization of Rosmorport’s Fleet
The European Bank for Reconstruction and Development (EBRD) has approved a $155 million credit to Rosmorport, the Bank said. The loan is granted for modernization of Rosmorport’s fleet of environmental service fleet; procurement of oil boom laying workboats, skimmers, vessels for collection of shipb
Denmark: Noreco to Start Drilling at Luna in Late December
Noreco, an independent international petroleum company based in Norway, plans to begin drilling operations at the Luna prospect , located on the 01/11 license offshore Denmark using the Maersk Resolve jack-up rig. The Luna well will be drilled to a depth of 2,250 metres with a reservoir sandstone th
Jongert Opens New Branch in France and Books Three New Orders
One of the leading Dutch superyacht builders Jongert has signed three impressive new orders over recent weeks. At the Monaco Yacht Show the yard signed contracts for two motoryachts and then confirmed a third new order – this time for a new sailing yacht – at the Fort Lauderdale Boat Show. Add in a
The Netherlands: Chevron to Spud P2-10 Well within Days
Xtract Energy PLC today provided an operational update ahead the commencement of Chevron’s drilling operations offshore The Netherlands. As previously announced Chevron intends to drill the P2-10 well on the P2 block using the ‘Noble Byron Welliver’ jack up drilling rig. The P2-10 appraisal well tar
UK: Bibby Offshore Announces Major Investment in Marine Assets for North Sea Market
Aberdeen-based subsea installation contractor Bibby Offshore has announced a multi-million pound investment in marine assets for its core North Sea market. From January 2012, the DP3 Diving Support Vessel, Toisa Polaris, will come under the control of Bibby Offshore. The vessel will be taken on a 2-
Norway: Optoelectronic Technical Meeting Becomes Successful International Event
The annual Optoelectronic Technical Meeting has established itself as an international event with a unique mix of representatives from operators, service companies, subsea systems suppliers, technology providers, R&D institutes and universities. After being held in Aberdeen for two years, this was t