Business & Finance
U.A.E: Unique Maritime Group Delivers Echoscope 3D Sonars to DI-MEDCO
Unique Maritime Group, one of the world’s leading integrated turnkey subsea and offshore solution providers announce that they have recently delivered two Echoscope 3D Sonars to DI-MEDCO, a joint venture between Dredging International and Middle East Dredging Company for the planned shore protection
Singapore: Swire’s Geo Natuna Receives ‘Top Notch Award’
Swire Pacific Offshore Operations (Pte) Limited (SPO) has received Fugro’s “Top Notch Award for 2011” for the performance of its 6-streamer 3D seismic survey vessel, Geo Natuna. The award was introduced by Fugro Geoteam two years ago to recognise the vessel with the lowest downtime in their fleet. T
Brazil: BG Secures USD 1.8 bln for Santos Basin FPSOs
BG Group today announced it has received initial approval from the Brazilian Development Bank (BNDES) for up to $1.8 billion of long-term finance to fund part of the company’s interests in the pre-salt Santos Basin, offshore Brazil. Subject to further approvals and the completion of a final agreemen
Norway: Wintershall Ready to Drill Skarfjell Well
In parallel to drilling the appraisal well in the Maria field, Wintershall Norge is now operating another drilling project in Norway. The Skarfjell exploration well in the Norwegian sector of the North Sea will provide information as to the potential hydrocarbon reserves in that area. It is planned
USA: Deep Down Announces Patent For ‘Loose Tube Flying Lead Assembly’
Deep Down, Inc. announced a revolutionary new patent related to the manufacture of loose tube flying lead assemblies. Deep Down, Inc. (OTC QB:DPDW), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today announced
UK: NMOHSC, Chamber of Shipping and RMT Release Guidelines for Passenger Ships
The National Maritime Occupational Health & Safety Committee (NMOHSC), comprising the Chamber of Shipping and maritime unions Nautilus International and RMT, released guidelines to shipping companies on violence, aggression, verbal abuse and threats against staff on passenger ships. The parties to t
Norway: Bacher Takes the Wheel of Statoil’s DPI Department
Statoil has appointed Lars Christian Bacher as executive vice president for Development and Production International (DPI) department. Bacher will take up his new position as of 1 September, succeeding Peter Mellbye who is retiring after 30 years with the company. Lars Christian Bacher holds a maste
USA: Technip Bags Subsea Contract for Hadrian South Project in Gulf of Mexico
Technip has been awarded a contract by Exxon Mobil Corporation for subsea equipment on the Hadrian South natural gas project in the Gulf of Mexico in approximately 7,500 feet (2,300 meters) of water. The project consists of a subsea tie-back to the planned Anadarko operated spar platform, Lucius. Th
The Netherlands: IHC Merwede Wins Pipelaying Vessels Order
IHC Offshore & Marine, part of IHC Merwede, and SapuraCrest have signed two contracts for the design, engineering and construction of two new 550t pipelaying vessels. A third contract has been signed with OSX Construção Naval S.A. Brazil for the design and engineering of a 300t pipelaying vessel, as
USA: Technip to Link Exxon’s Hadrian with Lucius Spar
Technip, an international oilfield services provider, headquartered in Paris, has been awarded a contract by Exxon Mobil Corporation for subsea equipment on the Hadrian South natural gas project in the Gulf of Mexico in Keathley Canyon block 964 in approximately 7,500 feet (2,300 meters) of water. T
IHC Merwede to Build Pipelaying Vessels for Work in Brazilian Waters
IHC Offshore & Marine, part of IHC Merwede, and SapuraCrest have signed two contracts for the design, engineering and construction of two new 550t pipelaying vessels. A third contract has been signed with OSX Construçăo Naval S.A. Brazil for the design and engineering of a 300t pipelaying vessel, as
Germany: Brancor, HYSSING Postpone First Payment for Gode Wind II
The wind farm project developer, PNE WIND AG, has not received the first payment from the sale of the “Gode Wind II” offshore wind farm project which was originally scheduled for the 29th February 2012. PNE WIND AG now expects this payment on 23rd March 2012 together with the second installment from
IHC Merwede to Build Three Pipelayers for Brazilian Waters
IHC Offshore & Marine, part of IHC Merwede, and SapuraCrest have signed two contracts for the design, engineering and construction of two new 550t pipelaying vessels. A third contract has been signed with OSX Construção Naval S.A. Brazil for the design and engineering of a 300t pipelaying vessel, as
Norway: Sinoceanic Fails to Fully Finance Purchase of MSC Altair
Sinoceanic II AS, a fully owned subsidiary of SinOceanic Shipping ASA (Sino) recently successfully raised a bond of USD 100 million in the international capital markets, to part finance the purchase of MSC Altair, a 13.100TEU container vessel scheduled for delivery on March 1st, 2012. To complete th