Business & Finance
UK: Hydro Group Steps Up International Work and Announces Contract Win
Aberdeen-based Hydro Group, a global designer and manufacturer of underwater cables and connectors for subsea, underwater, topside and onshore applications, is supplying products for a project underway by the Turkish Navy to build the largest acoustic range in the world. Hydro Group is manufacturing
Havyard to Deliver Another PSV to Faroe Islands
The Herøy-based company has signed a contract with Supply Service for delivery of a vessel of Havyard 832 L design to the Faroe Islands and shipowner Tummas Justinussen. This will be the fourth ship of a Havyard design heading to the Faroe Islands and it is the third Supply Service vessel being buil
Germany: Bluestream Offshore Forms Joint Venture with Baltic Taucher
Bluestream Offshore has formed a joint venture with German-based maritime service provider Baltic Taucherei- und Bergungsbetrieb Rostock GmbH (Baltic Taucher) to provide offshore wind operators in German waters with a comprehensive range of fully-integrated subsea services. The newly-formed JV – to
Finnish Wartsila One Step Closer to Hamworthy Acquisition
Wärtsilä Corporation announced that it has reached agreement with the Board of Hamworthy plc , a UK listed engineering company focussed on the marine and oil and gas sectors, in regards to a recommended cash offer for the acquisition of Hamworthy. Under the terms of the acquisition Hamworthy shareho
UK: Osiris Projects Rates Coda Seismic+
Osiris Projects prides itself on high quality reporting, an aim which can only be achieved through continuous investment in the very latest in hardware and software. The first element in the all-new Coda Survey Engine range, Seismic+ provides Osiris Projects with an excellent solution to effective a
UK: STATS Appoints Graham Thomson as General Manager
Aberdeen-based pipeline integrity and intervention specialist, STATS Group, has bolstered its management team with the appointment of former Sparrows Offshore executive Graham Thomson as general manager. STATS said the creation of the new post was part of its 2012 growth strategy and will allow the
RWE Innogy and CEE Seal Agreement on Long-term Venture Capital Co-operation (Germany)
Essen-based RWE Innogy and Conetwork Erneuerbare Energien (CEE), of Hamburg, a company in which Bankhaus Lampe has a participating interest, today sealed their agreement on long-term venture capital co-operation. CEE has taken a EUR 25 million stake in Innogy Renewables Technology Fund I (IRTF I), a
RWE Innogy and CEE Seal Agreement on Long-term Venture Capital Co-operation (Germany)
Essen-based RWE Innogy and Conetwork Erneuerbare Energien (CEE), of Hamburg, a company in which Bankhaus Lampe has a participating interest, today sealed their agreement on long-term venture capital co-operation. CEE has taken a EUR 25 million stake in Innogy Renewables Technology Fund I (IRTF I), a
UK: Deep Sea Supply Announces Charter Extension for PSV Sea Trout
Deep Sea Supply announces that the PSV Sea Trout has been awarded a 300 days extension of the time charter contract with EnQuest for operations in the North Sea, with an option for the Charterer to extend for a further 300 days. The day rate of the contract is agreed at market levels. The firm [&hel
UK: Key Oil Majors, Plexus Team Up to Develop New Subsea Wellhead
Plexus Holdings PLC, an oil and gas engineering services business and owner of the proprietary POS-GRIP® method of wellhead engineering, announces world leading oil and gas companies Maersk Oil , Shell, Wintershall, and the UK entity of the world’s largest offshore drilling company, and oil and gas
Heavylift Vessel Svanen Arrives in Grenaa, Denmark
The Heavylift vessel Svanen has arrived in Grenaa for the final mobilisation prior installation start at the Anholt Offshore Wind Farm. Blue Water Shipping who will be the local agent for the operators and vessels involved in the projects has been looking forward to the arrival of Svanen. “Although
UK: EnQuest Extends Charter Contract for Sea Trout PSV
Deep Sea Supply, a ship owner and operator of a substantial number of Anchor Handling Tug Supply vessels (AHTS vessels) and Platform Supply Vessel (PSV), today said that its PSV, Sea Trout, has been awarded a 300 days extension of the time charter contract with EnQuest for operations in the North Se
UK: BSL’s New Escort Vessel Gets Its First Contract
SeaHold GEOSHIPS Ltd’s subsidiary company Brooking Shipping Limited (BSL), has been awarded a contract for an new build 36m escort vessel, Express Opportune which is anticipated to generate £1.9million each year. This is the first contract BSL has been awarded since being acquired by the shipping an
UK: STATS Group Appoints Graham Thomson as General Manager
STATS Group has strengthened its management team with the appointment of former Sparrows Offshore executive Graham Thomson as general manager. Aberdeen-based STATS, which specialises in pipeline integrity and intervention, said the creation of the new post will allow the board of directors to focus