Business & Finance
SeaBird Nets 3D Seismic Contract Offshore Sub Saharan Africa
SeaBird Exploration PLC has received a Letter of Award for a major contract of 3D seismic work from a major oil company offshore Sub Sahara Africa. The contract represents a value in the range of US$ 11-12 million. The work will commence in early Q2 2012 and has an expected duration of several month
Norway: Solstad Offshore Announces Charter Contracts for its Construction Vessels
Solstad Offshore announces contracts for several of its construction vessels. The company has signed charter agreements for the following vessels: – «Normand Tonjer» with Fugro Subsea Services Ltd for 200 days firm. Commencement of contract scheduled to March 2012. – «Normand Mermaid» with Fugro Geo
Seabird Receives LOA for Seismic Work Offshore Africa
A Cyprus-based seismic specialist SeaBird Exploration PLC SeaBird Exploration PLC has received a Letter of Award for a major contract of 3D seismic work from a major oil company offshore Sub Sahara Africa. The contract represents a value in the range of US$ 11-12 million. The work will commence in e
UK: BMT Nigel Gee Designs Another Advanced Vessel for Turbine Transfers
BMT Nigel Gee Ltd, a subsidiary of BMT Group Ltd, has announced further collaboration with Turbine Transfers, one of the leading providers of Windfarm Support Vessels (WSVs), on its latest unique development – the design of a 19m WSV utilising the Voith Linear Jet. The Voith Linear Jet (VLJ) is an i
China Approves Beibu Gulf Project EIA
Roc Oil (China) Company advises that the Chinese Government’s State Oceanic Administration (SOA) has approved the Environmental Impact Assessment (EIA) for the Beibu Gulf project, which comprises the development of the WZ 6-12 and WZ 12-8 West oil fields located in the South China Sea. Approval of t
Norway: Solstad Announces Charter Contracts for Its Construction Vessels
Solstad Offshore could today announce contracts for several of its construction vessels. The company has signed charter agreements for the following vessels: “Normand Tonjer” with Fugro Subsea Services Ltd for 200 days firm. Commencement of contract scheduled to March 2012. “Normand Mermaid” with Fu
Russia: Gazprom, Total Executives Discuss Shtokman Development
Saint Petersburg hosted Friday a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Christophe de Margerie, Chairman of the Board of Directors and CEO of Total. The participants tackled the main issues of Phase 1 implementation at the Shtokman field and, inter al
DOF Subsea Secures Multiple Contracts in Asia Pacific Region
DOF Subsea announces contract awards that underpin strong first half utilisation in the Asia Pacific Region. DOF Subsea Asia Pacific, a subsidiary of DOF ASA has secured multiple contracts awards in Asia and Australia over the last couple of weeks with a total contract value of abt. USD 30 mill. The
Multiple Contract Awards for DOF in Asia Pacific and Australia
DOF Subsea Asia Pacific, a subsidiary of DOF ASA has won several contracts in Asia and Australia over the last couple of weeks with a total contract value of abt. USD 30 mill. The Skandi Hawk RSV on charter from DOF Rederi AS, will commence operations in the region following installation of a crane
Australia: Cortland Parent Company Actuant Buys Jeyco
Cortland parent company, Actuant Corporation announced that it has acquired Jeyco Pty Ltd (“Jeyco”). Headquartered near Perth, Australia, Jeyco designs and provides specialized mooring, rigging and towing systems and services to offshore oil & gas companies on the north-west shelf of Australia and t
Japan: Yokohama Rubber Develops System to Monitor Offshore STS Operation
The Yokohama Rubber Co. announced that it has developed a system to monitor offshore Ship-To-Ship (STS) operation. The system incorporates technology from the design of pneumatic fenders and the numerical simulation analysis of dynamic ship motion. This is a comprehensive monitoring system for offsh
MEO Australia Acquires Stake in Gulf of Thailand Concession
MEO Australia Limited’s subsidiary, Rayong Offshore Exploration Limited, has executed a binding farm-in agreement with Pearl Oil Offshore Limited (“Pearl Oil”) to acquire a 50% Participating Interest in the Block G2/48 Concession in the Gulf of Thailand. G2/48 is located in shallow water, proximal t
China: Hantong Shipyard Launches New Bulk Carrier for Eagle Bulk
On February 23th 2012, the 57.000 DWT bulk carrier (HT092), built for Eagle Bulk, was successfully launched of the N0.2 slipway of Hantong Shipyard. The vessel is class approved by LR. Executive vice general manager- Mr. Chen Linjun together with the representatives of the ship-owner and the class a
Colombia: NAVOCEANO FST Completes Oceanographic Survey in Cartagena Bay
The Naval Oceanographic Office (NAVOCEANO) Fleet Survey Team (FST) completed survey operations in the coastal waters of Cartagena, Colombia Feb. 23. The FST surveys of Cartagena Bay was part of Oceanographic-Southern Partnership Station 2012 (O-SPS 12) and provided an opportunity to assist Colombia