Business & Finance
UAE: DNV to Deliver Asset Integrity Management Software to ADMA-OPCO
Abu Dhabi Marine Operating Company has chosen DNV Software to deliver asset integrity management software and services covering their fixed and floating offshore installations, pipelines and processing facilities. This significant contract represents an industrial recognition of DNV Software’s Enter
Norway: TTS Group Sells Drilling Equipment Business to Cameron
TTS Group ASA announced it has finalized its sale of the drilling equipment business to Cameron in an all cash transaction. CEO & President of TTS Group, Johannes D. Neteland said: ” This divestment is an active step by TTS to participate in the on-going further developments of the drilling equipmen
Ugland Offshore Orders Platform Supply Vessel from Kleven (Norway)
Kleven Maritime has signed a contract with offshore ship owning company Ugland Offshore on the delivery of a platform supply vessel of SALT 100 PSV design. The vessel is to be delivered from Kleven Verft in Ulsteinvik Q1 2014. The contract also includes an option for a second vessel. Currently Kleve
Cameron Completes Acquisition of TTS’ Drilling Division (Norway)
Norway’s TTS Group ASA today announced it has finalized its sale of the drilling equipment business to Cameron International Corporation for USD 270 million, plus a turnover based earn-out model for a three-year period. CEO & President of TTS Group, Johannes D. Neteland said: “This divestment is an
STATS Group Wins 10 Year EPRS Contract from Qatargas
The world’s largest LNG producing company, Qatargas, has awarded pipeline engineering company STATS Group a multi-million pound 10 year contract to provide remote pipeline isolation equipment. STATS will design, manufacture, test and supply a new range of high integrity Remote Tecno Plugs™ for 32”,
Lloyd’s Register Launches FLNG Rules Book (Malaysia)
Today at the World Gas Conference 2012 in Kuala Lumpur, Lloyd’s Register launched its Rules for Floating Liquefied Natural Gas (FLNG) facilities, formulated through its extensive work with Shell on their Prelude FLNG project. Upon completion, Prelude will be the largest manmade floating object, meas
China: Zhejiang Shipbuilding Delivers Ulstein Designed PSV to Bourbon
Bourbon Clear, the second in a series of four platform supply vessels of PX105 design from ULSTEIN was delivered to Bourbon Offshore from Zhejiang Shipbuilding in China on 31 May. The vessel features an overall length of 88.8m, breadth of 19m, DWT of 4250T, and maximum speed of 15.5 knots. Bourbon C
Expro Receives Subsea Services Contract from Chevron USA
Leading international well flow management company Expro has secured a subsea services contract in the Gulf of Mexico (GOM) with global energy company Chevron U.S.A. Inc. The scope of work involves providing two 15ksi rated auxiliary strings complete with direct hydraulic umbilicals and reelers for
Denmark: Cairn Energy to Use Paradigm’s Toolkit as Seismic Interpretation Solution
Paradigm™ announced yesterday that after a competitive evaluation, Cairn Energy PLC has chosen the Paradigm interpretation toolkit as its next generation 2D and 3D seismic interpretation solution. Cairn will use the new system to interpret new 3D surveys acquired last year in offshore Greenland. The
Pipeline Engineering Specialist Wins Major Middle East Contract
The world’s largest LNG producing company, Qatargas, has awarded pipeline engineering company STATS Group a multi-million pound 10 year contract to provide remote pipeline isolation equipment. STATS will design, manufacture, test and supply a new range of high integrity Remote Tecno Plugs™ for 32”,
OW Bunker Enhances Supply Operation in Lithuania
OW Bunker, one of the world’s leading suppliers and traders of marine fuel, has expanded its bunker supply operations in Lithuania. The company has relocated a 2,800dwt double-hulled bunker barge, Oxana, to the Port of Klaipeda to meet the requirements of its expanding customer base in the region. O
UAE: ADMA-OPCO Selects DNV Software for Their Offshore Installations
Abu Dhabi Marine Operating Company (ADMA-OPCO) has chosen DNV Software to deliver asset integrity management software and services covering their fixed and floating offshore installations, pipelines and processing facilities. This significant contract represents an industrial recognition of DNV Soft
UK: ITF Offers Funding for Enhanced Sub-Basalt Imaging and Novel Borehole Seismic Solutions
ITF is calling on technology developers to come forward with innovative solutions for enhanced sub-basalt imaging and novel borehole seismic sources, with the potential for successful proposals to receive up to 100% funding. The organisation, which has a membership of 29 international operators and
U.S. Navy Charters MV Kellie Chouest
The U.S. Defence Department announced Monday that Alpha Marine Services is being awarded a USD 8 million firm-fixed-price contract for the 12-month time-charter of a Deep Submergence Elevator Support Ship, the MV Kellie Chouest. The San Diego based MV Kellie Chouest will be performing various tasks