Business & Finance
UK: Reef Subsea Unveils Subsea Construction Vessel Reef Larissa in Aberdeen
Reef Subsea AS announced that one of its new inspection, maintenance & repair and subsea construction vessel, the Reef Larissa, which will be operated soon by its specialised company Specialist Subsea Services Ltd (S³) was unveiled at Aberdeen Harbour on Wednesday 25th April 2012, having just return
USA: Cargotec Opens New Offshore Service Centre in Houston
Cargotec’s new offshore service centre in Houston supports its global service capabilities for an ever expanding multi-national customer base while also ensuring that it services local market needs To further expand its offshore service capabilities, Cargotec has established a new offshore service c
Norway: NOCC Secures New Time Charter for Car Carrier ‘NOCC Coral’
NOCC has entered into a new time charter contract for the 100% owned car carrier “NOCC Coral” for a period of about 12 months from the end of July 2012. The concluded time charter rate is about 10 % higher than comparable fixtures made during the fourth quarter of 2011 and about 20% higher than [&he
UK: Fugro on Shortlist for ‘International Project of the Year’
After a record number of entries Fugro have been shortlisted for ‘International Project of the Year’ in the Ground Engineering Awards to be held on May 4th at Grosvenor House Hotel, London. The nomination is for their geotechnical work on the Arkona-Becken Südost offshore wind farm in the Baltic Sea
Pacific Islands May Become Refuge for Corals in Warming Climate, Study Shows
Scientists have predicted that ocean temperatures will rise in the equatorial Pacific by the end of the century, wreaking havoc on coral reef ecosystems. But a new study shows that climate change could cause ocean currents to operate in a surprising way and mitigate the warming near a handful of isl
USA: Wilton Engineering Highlights Its Capabilities at OTC 2012
Wilton Engineering Services Limited (WESL) – the design, engineering and fabrication business – is to highlight its recent successes and capabilities at one of the world’s leading oil and gas events. Teesside-based Wilton Engineering Services Limited (WESL) is exhibiting at stand 2241/F UK sector at
UK’s Proserv Buys Weatherford’s Subsea Controls Business
Global-leading energy production technology services company Proserv based in Aberdeen, is bolstering its rapidly-expanding subsea capabilities and specialist integrated services and increasing its workforce by more than 300 people. Proserv, which has operations globally, has agreed terms to assume
Norway: Edda Accommodation Building Two New Vessels
Edda Accommodation, a company controlled by Østensjø Rederi, has recently signed two new contracts for the accommodation vessel Edda Fides. Based on the experience with Edda Fides, the company is now building two new accommodation units. By entering into two new contracts, Edda Accommodation has sec
Indonesia: Mermaid’s Tender Rig Makes 1000 Days without Lost Time Incidents
Mermaid Maritime Public Company Limited’s tender assist drilling rig ‘MTR-2’ has recently achieved 1000 (one thousand) consecutive days of no lost time accidents (NTLA). The ‘MTR-2’ is currently supporting Chevron’s drilling campaign in Indonesia through Mermaid’s operations base in Balikpapan. Her
DeepOcean Group Subsidiaries Rebrand and Change Names (Norway)
CTC Marine Projects Ltd., Trico Offshore Ltd. and Deep Ocean AS, all subsidiaries of DeepOcean Group Holding AS, today announced that they are rebranding and changing name to DeepOcean. “The move is more than a name change,” says DeepOcean Group CEO Bart Heijermans. “We will operate as one company o
Former Ulstein CEO Passes Away at 78 (Norway)
Idar Ulstein, that was CEO and Chairman of the board of ULSTEIN for many years, passed away Sunday night. He has played a huge role for the maritime industry and has been deeply involved in community development. Idar Ulstein entered the company first as a 14 year old in 1948, when his father died.
Eidesvik Sells Two Supply Vessels in Brazil. Buys New One for North Sea
Eidesvik has entered into sales agreements of USD 64 million for the two supply vessels Viking Surf (built 2002) and Viking Thaumas (built 2005). Both vessels are employed on contracts in Brazil. The deliveries of the vessels are expected to take place in the first half of May 2012. The company will
Australia: Tap Oil Sells Subsidiary to Apache
Tap Oil Limited yesterday announced the completion of the sale of its wholly owned subsidiary, Tap (Harriet) Pty Ltd, to a subsidiary of Apache Corporation (Apache). The sale was first announced to the ASX by Tap on 13 February 2012. Tap (Harriet) Pty Ltd holds a 12.2229% interest in the Harriet Joi
CSOFT Thrilled to be at the OTC 2012 Show, CEO Says
CSOFT International, Ltd., a leading provider of multilingual globalization services and language technology, announced today it will exhibit at The Offshore Technology Conference (OTC) from April 30 to May 3, 2012 in Houston, Texas. As the world’s leading tradeshow for offshore resources developmen