Business & Finance
Denmark: Maersk Announces Sale Completion of Maersk LNG
Maersk of Denmark said it has completed the sale of its wholly owned subsidiary Maersk LNG to Teekay LNG and Marubeni Corporation. “The agreement was subject to a regulatory approval and consents from Maersk LNG’s customers. These conditions have now been fulfilled. Accordingly, A.P. Møller – Mærsk
Togo: VINCI Secures Port of Lome Contract
Bolloré Africa Logistics has just awarded VINCI the contract to plan and build the 3rd container berth in the port of Lomé, in Togo. The works, worth €42.5m, will be carried out by a consortium composed of three Group subsidiaries: Soletanche Bachy (leader), Sogea-Satom and EMCC. Starting in May 201
Brazil: OSX Receives USD 263 Million Order for New PLSV
OSX was hired by Sapura Navegação Marítima S/A for the construction of one PLSV (Pipe-Laying Support Vessel), for a total amount of approximately US$ 263 million, to be built and delivered by OSX at the Açu Shipbuilding Unit, in the north of the State of Rio de Janeiro. A PLSV is used for laying [&h
Norway: Statoil Awards Technip with Two Subsea Contracts
French based, international oilfield services provider, Technip, has secured two subsea contracts under the Diving Frame Contract with Statoil, for the Åsgard and Gudrun & Valemon projects. The total value of the contracts is around €45 million. The Åsgard contract includes deep water testing of the
UK: Harris Pye Completes Upgrade Works on Drillship Ocean Clipper
In just 90 days, the Harris Pye Group successfully completed the survey and upgrade of Diamond Offshore Drilling Inc’s (DODI) dynamically positioned drillship, the Ocean Clipper. All work was completed well within schedule. P Thomas Geiger, P.E., Director, Projects Department of DODI has written to
Brazil: OSX to Construct Pipe-Laying Vessel for Sapura
OSX was hired by Sapura Navegação Marítima S/A for the construction of one PLSV (Pipe-Laying Support Vessel), for a total amount of approximately US$ 263 million, to be built and delivered by OSX at the Açu Shipbuilding Unit, in the north of the State of Rio de Janeiro. A PLSV is used for laying and
Brazil: OSX to Build PLSV for Sapura
Brazil’s OSX has been hired by Sapura Navegação Marítima S/A for the construction of one PLSV (Pipe-Laying Support Vessel), for a total amount of approximately US$ 263 million, to be built and delivered by OSX at the Açu Shipbuilding Unit, in the north of the State of Rio de Janeiro. A PLSV is used
Norway: Statoil Awards Technip with Subsea Job under Diving Frame Contract
Technip was awarded two subsea contracts under the Diving Frame Contract with Statoil, for the Åsgard and Gudrun & Valemon projects. The total value of the contracts is around €45 million. The Åsgard contract includes deep water testing of the PRS remote hot-tap equipment, preparations works, instal
Royal Netherlands Navy Reports Success with VideoRay Pro 4 ROVs
Royal Netherlands Navy Locate Two Drowning Victims with VideoRay ROVs within Two Months of the Systems Being Delivered On January 10, 2012 VideoRay LLC of Phoenixville, PA, along with Dutch partner Nautikaris BV of Ijmuiden, Netherlands, completed the site acceptance test of four VideoRay Pro 4 subm
Ghana: Kosmos Buys More Into Deepwater Tano Block
Kosmos Energy announced has exercised a right under the existing Joint Operating Agreement to acquire the participating interest of Sabre Oil & Gas Holdings Limited in the Deepwater Tano Block, offshore Ghana. The purchase price is estimated to be approximately $365 million, with up to an additional
Brazil: Harris Pye Upgrades Ocean Clipper Drillship
Harris Pye Group has recently completed the survey and upgrade of Diamond Offshore Drilling Inc’s (DODI) dynamically positioned drillship, the Ocean Clipper. All work was completed well within schedule and P Thomas Geiger, P.E., Director, Projects Department of DODI has written to Harris Pye stating
Denmark: A.P. Moller – Maersk Group Releases 2011 Annual Report
A.P. Moller – Maersk Group, a worldwide conglomerate, releases 2011 annual report with revenue increased by 7% to USD 60.2bn (USD 56.1bn), positively affected by higher oil prices and container volumes but offset by lower container freight rates. Profit was USD 3.4bn (USD 5.0bn) and thus in accordan
UK: Rowan 4Q Revenues Rise 32pct
Rowan Companies, Inc., a major provider of international and domestic offshore contract drilling services with a leading position in high-specification jack-up rigs, announces that in the 4th quarter 2011 the company generated net income from continuing operations of $33.1 million or to $35.1 millio
Italy: SMIT Salvage Recommences Oil Removal Alongside Costa Concordia
The oil removal activities recommenced on 24 February with the crane barge ‘Meloria’ and bunker barge ‘Magic Duba’ repositioned alongside the Costa Concordia just behind the stabilizer (large fin which is sticking out from the ship). Oil has been removed from three different double bottom tanks and