Business & Finance
Eidesvik Secures Charter Deals Worth USD 168 Mln (Norway)
Eidesvik, a Norway based owner of a modern fleet of highly specialised offshore vessels, has today entered into several new contracts. Leiv Eriksson Consortium has awarded Eidesvik two contracts for Viking Lady and Viking Athene offshore supply vessels. The contracts are for the the firm period of 1
UK: Oslo Børs Approves Listing of Veripos Shares
At its meeting on 13 June 2012, the Board of Directors of Oslo Børs resolved to admit the shares in Veripos Inc. to listing on Oslo Børs, or alternatively to listing on Oslo Axess. The Board agreed to exempt the company from the requirement that a listed company must have been in existence for at [&
Lamprell Announces Delivery of Jack-Up Rig to PEMSA (Mexico)
Lamprell, a provider of specialist engineering services to the international offshore and onshore oil & gas and renewables industries, announced that it has successfully delivered Hull 108. The contract award from Compañía Perforadora Mexico S.A.P.I. DE C.V. (“PEMSA”), a subsidiary of Grupo Mexico,
Fugro Monitors Cetaceans Using Hydrophones (UK)
The continuous use of the oceans, in particular the sound generated from seismic sources, has the potential to cause disturbance to marine mammals such as whales, dolphins, porpoises and seals. A series of guidelines have been produced by the UK based Joint Nature Conservation Committee (JNCC) in or
British Embassy Awards Contract for UK-Korea Ocean Energy Technology Co-Operation
The British Embassy in Seoul has awarded a contract to the Korea Maritime University (KMU) and IT Power (ITP) to establish the “UK-Korea Ocean Energy Technology Co-operation Project”. This follows closely after the accord between Renewable UK and the Korean Wind Energy Industry Association (KWEIA) w
Switzerland: ABB’s Software Products to Slash Ship Fuel Consumption by 20 Pct
ABB is developing a complete suite of software products that can slash ship fuel consumption by an unprecedented 20 percent. The portfolio builds on ABB’s unique expertise in marine automation, electrical and propulsion systems to monitor and optimize all energy production and consumption processes
UK: Subsea 7 Adds New Addition to Its Fleet
Subsea 7, a global leader in seabed-to-surface engineering, construction and services to the offshore energy industry, has added the specially adapted new build Jack-up accommodation and crane barge, the Seven Inagha, to its fleet. The Seven Inagha is effectively a vessel with legs and, unlike most
Subsea 7 New Jack-up Crane Barge to Work at OSO Field in Nigeria
Subsea 7, a global leader in sea bed-to-surface engineering, construction and services to the offshore energy industry, has added the specially adapted new build Jack-up accommodation and crane barge, the Seven Inagha, to its fleet. The Seven Inagha is effectively a vessel with legs and, unlike most
UK: Subsea 7 Adds Seven Inagha to Its Fleet
Subsea 7, a global leader in sea bed-to-surface engineering, construction and services to the offshore energy industry, has added the specially adapted new build Jack-up accommodation and crane barge, the Seven Inagha, to its fleet. The Seven Inagha is effectively a vessel with legs and, unlike most
India: G E Shipping Delivers Product Carrier ‘Jag Pradip’
The Great Eastern Shipping Company Ltd. (G E Shipping) delivered its 1996 built Medium Range (MR) product carrier “Jag Pradip” (about 45,600 dwt) to the buyers. With the delivery of this vessel, the Company’s current fleet stands at 33 vessels, comprising 23 tankers (9 crude carriers, 13 product car
Germany: Voith Turbo Gets New CEO
Voith GmbH announced yesterday the appointment of Carsten J. Reinhardt as Member of the Corporate Board of Management of Voith GmbH and as President and CEO of Voith Turbo GmbH & Co. KG. As of July 1, 2012, Reinhardt will succeed Dr. Hubert Lienhard who had held this function since January 1, 2012 i
SBM Offshore to Supply FPSO for Shell’s Fram Field in UK
SBM Offshore announced that it has received a letter of interim award (LOIA) from Shell for the supply, lease and operation of a FPSO for the Fram field in the UK sector of the North Sea. The LOIA allows SBM Offshore to commence engineering and procurement of long lead items to ensure timely complet
Fugro Receives Five Year Support Contract in Malaysia
Fugro-TSM Asia Pacific, has been awarded a five year Life of Field support contract in Malaysia from Murphy Oil Ltd., with a value in excess of USD 140 million. The work on the project started in May 2012. Fugro-TSM will be responsible for the project management, engineering of a variety of work-sco
Norway: Statoil Charters Seven New Supply Vessels for NCS
Statoil has awarded contracts for the charter of seven new supply vessels for the Norwegian Continental Shelf (NCS). The newbuildings are equipped with the latest environmental technology while some of them are specially designed for operation in the High North. “The seven newbuildings solidly equip