Business & Finance
Australia: JFE Steel to Supply Pipes for Wheatstone Project
JFE Steel Corporation, in cooperation with Marubeni-Itochu Steel Inc., is awarded an order for approximately 150,000 tons of DNV-grade-450 UOE line pipe for the Chevron-operated Wheatstone Project in Western Australia. Wheatstone is one of Australia’s largest resource projects and involves the const
UK: Meeting of IMO’s Sub-Committee on Flag State Implementation
Together with a number of other countries, Denmark has strived to make it mandatory for member States to undergo a so-called IMO audit. This ensures that the countries implement the obligations following from the international conventions on maritime safety and protection of the marine environment.
CGGVeritas Wins 4D Processing Contract in Angola
CGGVeritas announced today that, after negotiations with Total Exploration & Production Angola and Sonangol, it has been awarded a five-year contract for the 4D seismic processing and imaging of annual and biennial monitor surveys planned to take place offshore Angola. Over 6,000 km2 of seismic data
UK: Ecosse’s SCAR 1 Completes First Trials in North Atlantic
An innovative piece of underwater technology has just completed its first trials in the North Atlantic. Ecosse Subsea Systems’ wholly owned subsea trenching system SCAR 1 has just ploughed a 20-metre wide, one kilometre stretch of seabed to the West of Shetland to remove boulders prior to umbilical
UK: Ecosse Subsea Systems’ SCAR1 Completes Trials
Ecosse Subsea Systems’ wholly owned subsea trenching system SCAR 1 has just ploughed a 20-metre wide, one kilometre stretch of seabed to the West of Shetland to remove boulders prior to umbilical and pipelay work. Following the initial call, the Ecosse Subsea Systems team was able to design modifica
CGGVeritas Wins 4D Processing Program Offshore Angola
CGGVeritas announced that, after negotiations with Total Exploration & Production Angola and Sonangol, it has been awarded a five-year contract for the 4D seismic processing and imaging of annual and biennial monitor surveys planned to take place offshore Angola. Over 6,000 km2 of seismic data from
Japan: MOL Acquires Competence Management System Certification from DNV
Mitsui O.S.K. Lines, Ltd. today announced the certification of its own seafarer education and training program by Oslo-based Det Norske Veritas (DNV). The MOL Rank Skill Training and Evaluation Program (MOL RankSTEP) received DNV certification for compliance with the Competence Management System (CM
UK: Total Makes Progress on Stopping Elgin Platform Leak
Total has made significant progress in the past week towards stopping the gas leak on well G4 on its Elgin platform. This included preparatory work for its planned well control operation and the drilling of both a primary and a back-up relief well. Following an initial reconnaissance mission on Apri
Imtech Marine Completes Three New Offshore Vessel Projects in Singapore
Recently Imtech Marine, specialized in system integration, successfully completed three innovative new-build vessel projects in Singapore; Seven Borealis for Subsea 7, Rockpiper for a subsidiary of Royal Boskalis Westminster NV and Flintstone for Tideway, part of the DEME Group. The ships will all o
Singapore: Naming Ceremony for Fugro Equator Survey Vessel
On 11 April 2012, the naming ceremony for new-build M/V Fugro Equator took place at Sattahip, Thailand. The delivery of M/V Fugro Equator will take place in Singapore during May 2012. M/V Fugro Equator is the third of Fugro’s FSSV65 series of dedicated survey vessels. Designed to Fugro specification
Denmark: TORM Reaches Temporary Standstill with Its Bank Group and Time Charter Partners
TORM and the Company’s bank group have as expected extended the deferral of installments and covenant standstill until 30 April 2012. The temporary agreement is subject to the continued progress of the negotiations towards the financing framework agreement in principle as described in announcement n
USA: WOC to Hold Second ‘Sustainable Ocean Summit’ in December
The World Ocean Council’s second “Sustainable Ocean Summit” (SOS) will be held December 3-5 in Washington D.C. to further advance leadership and collaboration among the diverse ocean business community in addressing marine environment and sustainability challenges. The SOS is the only international,
Naming Ceremony for Newbuild Survey Vessel MV Fugro Equator
On 11 April 2012, the naming ceremony for new-build M/V Fugro Equator took place at Sattahip, Thailand. The delivery of M/V Fugro Equator will take place in Singapore during May 2012. M/V Fugro Equator is the third of Fugro’s FSSV65 series of dedicated survey vessels. Designed to Fugro specification
Singapore: Imtech Marine Completes Three New Offshore Vessel Projects
Recently Imtech Marine, specialized in system integration, successfully completed three innovative new-build vessel projects in Singapore; Seven Borealis for Subsea 7, Rockpiper for a subsidiary of Royal Boskalis Westminster NV and Flintstone for Tideway, part of the DEME Group. The ships will all o