Business & Finance
China: GMC and Horton Wison Deepwater Develop Buoyant Towers for Shallow Water Fields
GMC and Horton Wison Deepwater confirmed their Joint Venture established to design and supply innovative Buoyant Towers for shallow water fields. Kevin Chell, CEO of the joint venture, stated “The Buoyant Tower concept draws on the proven technology of the cellspar and the design provides multiple b
Ghana: Kosmos’ Teak-4A Appraisal Well Hits Thin Reservoirs
Kosmos Energy announced results from the Teak-4A appraisal well, located in the West Cape Three Points Block, offshore Ghana. Located 6.1 kilometers (3.8 miles) northwest of the Teak-1 discovery well, the Teak-4A well was targeting the stratigraphic extension of the Teak discovery area. The well enc
Greece: Diana Shipping Takes Delivery of Panamax Dry Bulk Carrier MV Melia
Diana Shipping Inc., a global shipping company specializing in the ownership and operation of dry bulk vessels, announced that on May 1, 2012 it took delivery of the m/v “Melia”, (formerly “Mining Star”), a 2005 built Panamax dry bulk carrier of 76,225 dwt that the Company entered into an agreement
UK: Lybster Field Put on Production
Trapoil , the independent oil and gas exploration and appraisal company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, yesterday announced the start of production at its Lybster field situated on Block 11/24 – 3v2 (“Lybster”), which is operated by Caithness Oil Limited. The Ly
Aker Solutions to Supply 7 Subsea Trees to Total Offshore Angola
Aker Solutions has been awarded a contract by Total E&P Angola, to deliver seven new subsea tree systems to the Dalia field located offshore Angola. Contract value is approximately NOK 470 million (approximately 82 million). Scope of work includes seven production subsea trees, seven wellhead system
Angola: Aker Solutions to Supply Subsea Trees for Total’s Dalia Field
Aker Solutions has been awarded a contract by Total E&P Angola, to deliver seven new subsea tree systems to the Dalia field located offshore Angola. Contract value is approximately NOK 470 million. Scope of work includes seven production subsea trees, seven wellhead systems and seven well jumper sys
Deepwater Technology Enters Shallow Water Fields
GMC & Horton Wison Deepwater confirm Joint Venture for ground breaking Shallow Water Buoyant Tower Design and Supply – First contract secured and underway
Dutch Vroon Offshore Adds Another AHTS to its Fleet
The Netherlands based shipping company, Vroon Offshore Services (VOS), yesterday added another AHTS vessel to its fleet. The VOS Thalassa, a 1,400 dwt anchor handling tug support (AHTS) vessel built at the Fujian SouthEast Shipyard in China, was delivered yesterday, 2 May 2012, from the Shipyard. VO
SylWin Alpha Offshore Platform Construction Starts at Nordic Yards, Germany
Construction starts on the SylWin alpha offshore transformer platform at Nordic Yards, manufacturer of innovative special ships and major maritime projects for the offshore wind and other industries. Today, on the date announced at the contract signing in February this year, the first steel blank cu
Marine Projects’ Shipyard Delivers Vessel Merweriver to Its Dutch Owner
On Tuesday the 1st of May Newbuilding 707 named Merweriver was delivered to its Dutch owner. The vessel, built and delivered at Marine Projects Ltd. Shipyard in Gdansk, is of the 4030 DWAT Bodewes Trader series. Merweriver is a Multi Purpose Dry Cargo Ship equipped for Containers and Strengthened fo
TGS: Highest Quarterly Revenue in Company’s History (Norway)
TGS reports net revenues of USD 191 million in Q1 2012, compared to USD 132 million in Q1 2011, a 45% increase. This is the highest quarterly revenue figure in the Company’s history. Investments were USD 101 million, up 132%. TGS’ backlog amounted to USD 242 million at the end of Q1 2012, representi
Kvaerner Wins USD 1.4 bln EPC Contract for Edvard Grieg Topside (Norway)
Kvaerner has received a letter of intent from Lundin Norway AS for engineering, procurement and construction (EPC) of the topside for the Edvard Grieg platform (formerly Luno). The estimated contract value is approximately NOK 8 billion (USD 1.4 billion), excluding options in the contract for offsho
UK: Gardline to Transport Dong Energy’s Personnel
With more than 20 years experience in the wind power industry, Dong Energy is one of the leading offshore wind farm developers in the country and Gardline, with its fleet of specialist turbine transfer vessels will be transporting personnel to and from offshore wind turbines, offshore sub-stations a
Hydrex Conducts Underwater Stern Tube Seal Replacement Job in Spain
Last month Hydrex mobilized a diver/technician team to a 145-meter general cargo vessel in Las Palmas, Spain when oil was leaking from the stern tube seal assembly of the ship. The team used the Hydrex flexible mobock technique to create a dry working environment around the assembly and replaced thr