Business & Finance
Norway: DOF Subsea Inks Contract with DONG for Skandi Constructor
DOF Subsea, a subsidiary of DOF ASA, has signed a contract with DONG for Skandi Constructor. The contract will commence 1st November and has a firm duration of 3 months. DONG can extend the contract with additional 2 months. DOF was founded in 1981 and is today an international group of companies wh
Singapore: COSCO Nantong Delivers Installation Vessel
The Board of Directors of COSCO Corporation (Singapore) Limited announced that COSCO (Nantong) Shipyard Co., Ltd, a subsidiary of the Company’s 51% owned COSCO Shipyard Group Co., Ltd, has delivered another windmill turbine installation vessel (WTIV) “MPI DISCOVERY” to its European buyer. The “MPI D
UK: HB Rentals Wins North Sea Offshore Accommodation Contract
Global offshore accommodation specialist HB Rentals has been awarded a contract worth approximately half a million pounds to supply two salvage barges with offshore accommodation and accessories in the North Sea. HB Rentals will provide a salvage vessel with a full rental package including eight 3ft
Norway: DONG Hires Skandi Constructor from DOF Subsea
DOF Subsea, a subsidiary of DOF ASA, has signed a contract with DONG for Skandi Constructor. The contract will commence 1st November and has a firm duration of 3 months. DONG can extend the contract with additional 2 months. DOF was founded in 1981 and is today an international group of companies wh
East Yorkshire Gets GBP 25 Million for Renewable Energy Job Training (UK)
MILLIONS of pounds have been awarded to train East Yorkshire’s renewables workers of the future. The Government is giving £25 million to the region in a move that could eventually generate several thousand jobs in the offshore windfarm industry. The cash has been awarded as part of a joint bid by Hu
East Yorkshire Gets GBP 25 Million for Renewable Energy Job Training (UK)
MILLIONS of pounds have been awarded to train East Yorkshire’s renewables workers of the future. The Government is giving £25 million to the region in a move that could eventually generate several thousand jobs in the offshore windfarm industry. The cash has been awarded as part of a joint bid by Hu
ROMAR to Support Shell UK’s Well Abandonment Ops
Aberdeenshire-based oilfield service company ROMAR International has announced a contract award with Shell UK. The scope of work involves ROMAR providing swarf handling equipment and personnel to recover metal cuttings during the plugging and abandonment of six wells for the UK oil major. The ROMAR
UK: ICoTA Draws Finalists for European Chapter Innovation Award
Leading oil and gas body, the Intervention & Coiled Tubing Association (ICoTA), has announced the finalists for its prestigious European Chapter Innovation Award. Petroleum Technology Company (PTC), Oilenco, Schlumberger, BP Exploration & Production and Red Spider have been shortlisted for the covet
UK: ICoTA Announces Finalists of European Chapter Innovation Award
Leading oil and gas body, the Intervention & Coiled Tubing Association (ICoTA), has announced the finalists for its prestigious European Chapter Innovation Award. Petroleum Technology Company (PTC), Oilenco, Schlumberger, BP Exploration & Production and Red Spider have been shortlisted for the covet
The Netherlands: Dredge Yard Launches Various Dredge Pipe Pieces
Dredge Yard, provider of latest dredging technology and equipment has announced the launch of complete line of dredge pipe pieces. The dredge pipe pieces are used on board of dredgers to connect the dredge pump with the discharge pipe. Dredge Yard specialists designed the dredge pipe pieces in diffe
Norway: Kvaerner 3Q Revenues Drop on Low Activity Level
Kvaerner had operating revenues of NOK 2 623 million in the third quarter. Earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to NOK 169 million, resulting in an EBITDA margin of 6.2 percent. The third quarter has been a solid operational quarter, with financial results i
Finland: Cargotec Secures Two Contracts for MacGregor RoRo Equipment
In October Cargotec secured two contracts worth around EUR 15 million for complete MacGregor RoRo access and transfer systems for deepsea Container/RoRo (ConRo) vessels. “Both of these contracts are for vessels that will carry general and project cargo, as well as various type of RoRo cargo, and thi
Cyprus: Deep Sea Supply Gives October Status Fleet Update
In October 2011 Deep Sea Supply`s AHTS fleet (all 12 AHTS Vessels) had an average gross income of approx. USD 19,600 per ship per day compared to USD 15,800 in September. The PSV fleet (all 8 PSVs) had an average gross income of approx. USD 20,000 per ship per day compared to USD 20,200 in […
Russia: Ust-Luga Port Hosts Baltic Forum of Compatriots
On 29 October, Saturday, Ust-Luga Port hosted a visiting session of «The Baltic Forum of Compatriots» organized with the support of the Leningrad Region Government. The principal goal of the forum was to discuss the problems related to disseminating objective information about Russia abroad. The for