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Business & Finance

Lamprell Delivers Jack-up Rig to Mexican Client
Business & Finance

Lamprell Delivers Jack-up Rig to Mexican Client

Lamprell, a provider of specialist engineering services to the international offshore and onshore oil & gas and renewables industries, has successfully delivered a jack-up drilling rig to its Mexican client. The contract award from Compañía Perforadora Mexico S.A.P.I. DE C.V. (“PEMSA”), a subsidiary

about 14 years ago
Canada: TGS-NOPEC Acquires Arcis Seismic Solutions
Business & Finance

Canada: TGS-NOPEC Acquires Arcis Seismic Solutions

TGS-NOPEC Geophysical Company (“TGS”) announces the acquisition of Calgary-based Arcis Seismic Solutions Corp. The total equity value is approximately US $51 million, reflecting an enterprise value of US $72 million, based on net debt at the date of acquisition. Arcis is a privately owned geophysica

about 14 years ago
China’s Jiaolong Dives Over 6.000 Meters
Business & Finance

China’s Jiaolong Dives Over 6.000 Meters

China’s manned deep-sea submersible Jiaolong, with three divers inside, has set a new record by diving over 6,000 meters below the sea in the Mariana Trench on Friday, ChinaDaily reports. This was the first of a series of planned six dives. The dive began at 9 am (local time) on Friday. The 6,055 me

about 14 years ago
SBM Offshore to Supply FPSO for Shell’s Fram Field in UK
Business & Finance

SBM Offshore to Supply FPSO for Shell’s Fram Field in UK

SBM Offshore 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 completion of the planned

about 14 years ago
Norway: STX OSV Enters LoI with Troms Offshore for PSV Construction
Business & Finance

Norway: STX OSV Enters LoI with Troms Offshore for PSV Construction

STX OSV Holdings Limited, one of the major global designers and shipbuilders of offshore and specialized vessels, announced that it has entered into a Letter of Intent with Troms Offshore Supply for the design and construction of one Platform Supply Vessel (PSV). Troms Offshore and Statoil have agre

about 14 years ago

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Norway: Statoil Charter Spree
Business & Finance

Norway: Statoil Charter Spree

Statoil has awarded contracts for the charter of seven new supply vessels for the 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 us to meet the requirements fo

about 14 years ago
Philippines: HHIC Inks Contract to Build Ten Mid-Size Container Ships
Business & Finance

Philippines: HHIC Inks Contract to Build Ten Mid-Size Container Ships

Despite current global economic slowdown, Hanjin Heavy Industries & Construction (HHIC)-Phil’s Subic Shipyard won a bid to build mid-size container ships for the first time this year. The shipbuilder recently announced that it has signed a USD 450 million contract to build ten 5,000TEU container shi

about 14 years ago
STX OSV Enters LOI with Troms Offshore for Large PSV (Norway)
Business & Finance

STX OSV Enters LOI with Troms Offshore for Large PSV (Norway)

STX OSV Holdings Limited (“STX OSV”), one of the major global designers and shipbuilders of offshore and specialized vessels, has entered into a Letter of Intent with Troms Offshore Supply (“Troms Offshore”) for the design and construction of one Platform Supply Vessel (PSV). Troms Offshore and Stat

about 14 years ago
Australia Supports IMO’s Technical Co-Operation Programme with New Agreement
Business & Finance

Australia Supports IMO’s Technical Co-Operation Programme with New Agreement

The International Maritime Organization (IMO) has signed a Memorandum of Understanding (MoU) with the Australian Maritime Safety Authority (AMSA), to support IMO’s Integrated Technical Co-operation Programme (ITCP) capacity-building activities through the provision of experts and hostship facilities

about 14 years ago
Croatia: Uljanik Shipyard to Launch Ferry Balaken Tomorrow
Business & Finance

Croatia: Uljanik Shipyard to Launch Ferry Balaken Tomorrow

Croatian Uljanik shipyard will tomorrow launch the second ferry named Balaken (yard No.499) which is being built for the Azerbaijan State Caspian Sea Shipping Company. The first vessel of the same project (yard No.498) was launched on May 10th 2012. The contract for the construction of Yards 498 and

about 14 years ago

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Norway: Farstad Announces New Charter Contracts
Business & Finance

Norway: Farstad Announces New Charter Contracts

Farstad Shipping ASA announces that it has been awarded the following charter contracts: Statoil has awarded Farstad Shipping ASA a long-term charter contract for two platform supply vessels, each for a firm period of 6 years and 3 x 1 year options. The contracts will be served by two new builds. Sh

about 14 years ago
Denmark: World Marine Offshore Ensures Know-How for Crew Transfer
Business & Finance

Denmark: World Marine Offshore Ensures Know-How for Crew Transfer

A new shipping company in the port of Esbjerg has directed a determined glance to solving the large and increasing need for transportation of personnel, spare parts and other goods for offshore wind farms. “We see that there already is a market and that there naturally is room for a shipping company

about 14 years ago
Denmark: Heerema Hires Boulder for South Arne Field
Business & Finance

Denmark: Heerema Hires Boulder for South Arne Field

BOULDER has been contracted by Heerema for cargo runs and towage of their barge H 302 and Vikingbarge 3 from Flushing to South Arne Field, where Heerema’s HLV BALDER will install a new jacket and topside. The South Arne platform comprises a combined wellhead, processing and accommodation platform wi

about 14 years ago
Norway: Farstad Enters Charter Deals Worth USD 233 Million
Business & Finance

Norway: Farstad Enters Charter Deals Worth USD 233 Million

Norway’s Farstad Shipping ASA, a major international supplier of large, modern offshore support vessels, has been awarded multiple charter contracts by three oil and gas majors: Statoil, Santos and Shell. Statoil has awarded Farstad Shipping ASA a long-term charter contract for two platform supply v

about 14 years ago