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Business & Finance

Chevron Brazil Extends Contract for Construction Vessel ‘Skandi Salvador’
Business & Finance

Chevron Brazil Extends Contract for Construction Vessel ‘Skandi Salvador’

Chevron Brazil (Chevron) has extended the contract for Skandi Salvador and related services with one year from September 2012. The one year extension has a value of approximately NOK 250 millions. Skandi Salvador is a construction vessel built in Brazil. She was delivered form yard in 2009 and has,

about 14 years ago
Brazil: Chevron Extends Contract for Skandi Salvador
Business & Finance

Brazil: Chevron Extends Contract for Skandi Salvador

Chevron Brazil (Chevron) has extended the contract for Skandi Salvador and related services with one year from September 2012. The one year extension has a value of approximately NOK 250 millions. Skandi Salvador is a construction vessel built in Brazil. She was delivered from yard in 2009 and has,

about 14 years ago
Incat Crowther Announces Launch of Ro-Pax Ferry ‘Runo’ (Estonia)
Business & Finance

Incat Crowther Announces Launch of Ro-Pax Ferry ‘Runo’ (Estonia)

Incat Crowther announced the launch of the 24m Catamaran Ro-Pax Ferry, Runö. The vessel was recently launched by Baltic Workboats in Estonia and successfully completed sea trials. Runö is the second Incat Crowther-designed vessel to be built by Baltic Workboats, after Vėjūnas, a 24m Catamaran Scient

about 14 years ago
OW Bunker Opens New Office in China
Business & Finance

OW Bunker Opens New Office in China

OW Bunker, one of the world’s leading suppliers and traders of marine fuel, announced the opening of a second office in China. The move supports its growing customer base in the region, and is designed to capitalise on opportunities presented by the strong growth in the Asian markets. OW Bunker has

about 14 years ago
Brazil: Chevron Extends Contract for DOF’s Offshore Construction Vessel
Business & Finance

Brazil: Chevron Extends Contract for DOF’s Offshore Construction Vessel

Chevron Brazil (Chevron) has extended the contract for Skandi Salvador and related services with one year from September 2012. The one year extension has a value of approximately USD 41 million. Skandi Salvador is a construction vessel built in Brazil. The vessel was delivered form yard in 2009 and

about 14 years ago

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Providence Announces Update on Barryroe Well Offshore Ireland
Business & Finance

Providence Announces Update on Barryroe Well Offshore Ireland

Providence Resources P.l.c., the Irish oil and gas exploration and production company, whose shares are quoted in London (AIM) and Dublin (ESM), provides a technical update on the Barryroe oil discovery in the North Celtic Sea Basin, offshore Ireland. Providence (80%) operates Barryroe on behalf of

about 14 years ago
Singapore’s Swiber Clinches USD 830 mln Worth of Contracts
Business & Finance

Singapore’s Swiber Clinches USD 830 mln Worth of Contracts

Swiber Holdings Limite , an integrated construction and support services provider to the offshore industry, announced that it has secured a series of significant awards totaling to over US$830 million. These awards include offshore construction projects and vessel chartering services in the Asia Pac

about 14 years ago
Posidonia 2012: Shipping Embraces Innovative Technologies to Tow Itself Forward (Greece)
Business & Finance

Posidonia 2012: Shipping Embraces Innovative Technologies to Tow Itself Forward (Greece)

As persistent high oil prices and the burden of increased regulatory compliance have rendered energy management strategy development crucial for fleet owners worldwide, the shipping industry is on the verge of a new frontier where novel concepts and sophisticated approaches to ship design and perfor

about 14 years ago
USCG Receives Second Fast Response Cutter from Bollinger Shipyards
Business & Finance

USCG Receives Second Fast Response Cutter from Bollinger Shipyards

The Richard Etheridge, the second vessel in the Coast Guard’s Sentinel-class Fast Response Cutter (FRC) recapitalization project that was built by Bollinger Shipyards, was officially delivered to the Coast Guard May 26 in Key West, Fla. after transiting from Lockport, La. Richard Etheridge will be h

about 14 years ago
Indonesia: FPSO BW Joko Tole Receives First Gas
Business & Finance

Indonesia: FPSO BW Joko Tole Receives First Gas

BW Offshore, Norwegian owner of Floating Production Storage Offloading units, has confirmed that its FPSO BW Joko Tole has received first gas on the Terang Sirasun Batur (TSB) field offshore Indonesia. The final acceptance tests have successfully been completed and the firm contract period has start

about 14 years ago

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China: SBSS Presents Model of New Subsea Power Cable Installation Vessel
Business & Finance

China: SBSS Presents Model of New Subsea Power Cable Installation Vessel

A model of a new generation subsea power cable installation vessel was unveiled at SBSS’s booth at Offshore Wind China 30th May to 1st June. The new vessel with a 5000tonne rated turntable is specially designed to transport and install large HVDC & HVAC subsea cables for the fast growing energy mark

about 14 years ago
CGGVeritas to Conduct BroadSeis Survey for Lundin in Norway
Business & Finance

CGGVeritas to Conduct BroadSeis Survey for Lundin in Norway

CGGVeritas announced that it has been awarded a contract by Lundin Petroleum to conduct a survey of over 2,700 km2 with BroadSeis™, its broadband marine solution, using for the first time its broadband source option, BroadSource™. The survey of the Haugaland High in Quadrant 16 of the Norwegian sect

about 14 years ago
Premier Strikes Oil at Carnaby Well Offshore UK
Business & Finance

Premier Strikes Oil at Carnaby Well Offshore UK

Premier has announced that the Carnaby exploration well 28/09-5A (Premier equity 50 per cent) has reached a total depth of 4,695 feet and encountered oil. Initial analysis indicates that the well encountered 51 feet of net oil in the main Tay sandstone within an estimated 86 feet oil column. A core

about 14 years ago
State of Ohio Picks Ellicott Dredges Once Again (USA)
Business & Finance

State of Ohio Picks Ellicott Dredges Once Again (USA)

For the second consecutive time, the Ohio Department of Natural Resources has selected Ellicott to supply a new dredge for its lake restoration program. The recently launched Model 460S, named “Brutus”, is being used on Grand Lake St. Marys. Bob Cumbow, Deputy Chief of Ohio State Parks, had an oppor

about 14 years ago