Business & Finance
The Netherlands: Fairstar Meets with Representatives of Dockwise
Fairstar Heavy Transport N.V. (FAIR) has met with representatives of Dockwise, yesterday, in Fairstar’s Rotterdam Headquarters. At this meeting, Fairstar provided Dockwise with factual materials, including details about its future order book, which demonstrate that the true value of Fairstar is sign
UAE: NDC Orders Two More Jack-Up Rigs from Lamprell
National Drilling Company, Abu Dhabi, has decided to exercise the options for Lamprell to build a further two jackup rigs in addition to the four rigs currently under construction by Lamprell for NDC. The new agreement with NDC is for the construction and delivery of two jack-up rigs valued at US$ 1
SeaBird Secures 2D Seismic Contract in East Africa
SeaBird Exploration PLC has been awarded a contract in excess of USD 5.5 million in East Africa for the Northern Explorer by a Multi-Client company. The contract will commence in direct continuation of her current contract with Spectrum ASA, and has an estimated duration of 60 days with an optional
China: CIMC Raffles Delivers COSLPromoter Rig
China Oilfield Services Limited announces that COSL Drilling Europe AS, its wholly-owned subsidiary, hosted a ceremony in the deep-water wharf at Yantai CIMC Raffles Shipyard Co. Ltd. for delivery of the deep-water semi-submersible platform COSLPromoter. The ceremony saw attendance of Mr. Cao Shujie
USA: FMC Technologies Well-Positioned to Exceed 2011 Subsea Orders, Says CEO
FMC Technologies, Inc. reported first quarter 2012 revenue of $1.4 billion, up 29 percent from the prior-year quarter. Diluted earnings per share were $0.41 compared to $0.35 in the prior-year quarter. Total inbound orders of $2.0 billion were up 50 percent from the prior-year quarter and included $
Norway: Skarv Production Put Off for Q4 2012
PGNiG Norway, a subsidiary of Polskie Górnictwo Naftowe i Gazownictwo SA, was notified by BP, the operator of the Skarv project, of postponement of oil and gas production on the Norwegian Continental Shelf from Q2 2012 to Q4 2012. The postponement is caused by a delay in installation of risers due t
UK: BMT Defence Services Participates in Royal Navy’s MARS Tanker Project
BMT Defence Services Ltd, a subsidiary of BMT Group Ltd, has announced that it has been confirmed as a sub-contractor for the Royal Navy’s MARS (Military Afloat Reach and Sustainability) Tanker project, supported by sister companies, BMT Reliability Consultants Ltd and BMT Isis Ltd. The four new log
Inocean Unveils Mini Version of BW Athena FPSO (Norway)
A short while ago BW Athena arrived the UK North Sea field location – another step towards first oil. Yesterday a ceremony took place at Inocean when a mini version of the vessel was unveiled. In March 2010, BW Offshore signed a letter of intent for the FPSO BW Carmen with Ithaca Energy for work [&h
UK Department for Business Innovation and Skills Showcases SeaGen
A model of MCT’s SeaGen tidal technology is one of a number of exhibits on display at the BIS Marine Industry showcase, which is taking place in London between 16th – 27th April. The Marine Industry Showcase is opportunity to highlight the industry sector’s contribution to the UK economy and the Gov
COSL Takes Delivery of COSLPromoter Rig (China)
China Oilfield Services Limited hosted a ceremony in the deep-water wharf at Yantai CIMC Raffles Shipyard Co. Ltd. for delivery of the deepwater semi-submersible rig COSLPromoter. COSLPromoter, the third semi-submersible drilling rig CIMC Raffles constructed for COSL, shares the same design as rigs
U.S. Navy Takes Delivery of USNS Medgar Evers
General Dynamics NASSCO shipyard yesterday delivered USNS Medgar Evers (T-AKE 13) to the U.S. Navy. The ship is named in honor of the slain African-American civil rights leader from Mississippi who served as the state’s first-ever field secretary for the National Association for the Advancement of C
Statoil Farms Into Deepwater Licence in Ghana
Statoil has entered its first acreage in Ghana, farming into a deepwater licence operated by Hess. The Deepwater Tano/Cape Three Points (DWT/CTP) licence was awarded to Hess Corporation (Hess) in 2006 and lies just south of the licence containing the Jubilee field offshore Ghana. Two wells have alre
Japan: Wing Maritime Service, Keihin Dock to Construct Environment-Friendly Tugboat
Two NYK Group companies — tugboat operator Wing Maritime Service Corporation (WMS) and tugboat builder Keihin Dock Co. Ltd. — have teamed with Niigata Power Systems to construct an environment-friendly tugboat. The new tugboat will feature the hybrid propulsion system that Niigata Power Systems has
Australia: Woodside Orders Umbilicals for GWF Phase 1 from Aker Solutions
Aker Solutions has signed a contract with Woodside Energy Limited for the manufacture and supply of electro-hydraulic steel tube umbilicals (EHU) for the Greater Western Flank (GWF) Phase 1 project on the north-west coast of Australia. Contract value is undisclosed. The scope of work includes projec