Business & Finance
UK: Largest Contract in Odfjell Drilling’s History
Odfjell Drilling has been awarded a significant pre-contract award with BP for the provision of a new build, semi-submersible drilling unit for use in the UK’s West of Shetland region. The contract value is approximately $1.2 billion, excluding options, and represents the largest contract in Odfjell
Maersk Line Completes Reflagging under US Registry of Its New Heavy-lift Vessel
Maersk Line, Limited (MLL) completed the reflagging under US registry of Maersk Illinois, its newest multipurpose heavy-lift vessel. The ship is one of two sister vessels that MLL acquired in September 2011 and which will sail for Maersk-Rickmers US Flag Project Carrier (Maersk-Rickmers), providing
USA: Forum Sells Four Perry XLX G2 ROVs to Technip
Forum Energy Technologies, Inc. (FET) announces the sale of four Perry XLX Generation 2 (G2) Work-Class Remotely Operated Vehicles (ROVs) to Technip. Technip, a world leader in project management, engineering and construction for the energy industry, will deploy two of the vehicles in Southeast Asia
UK: Technip Takes Part in Golden Eagle Development
Technip, a French based provider of project management, engineering, and construction services for the oil and gas industry was awarded by Nexen Petroleum U.K. Limited a lump sum contract, worth approximately €135 million ( $ 172 million), for the Golden Eagle development located 110 kilometers Nort
UK: Technip Signs EUR 135 Million Contract for Golden Eagle Development
Technip was awarded by Nexen Petroleum U.K. Limited a lump sum contract, worth approximately €135 million, for the Golden Eagle development located 110 kilometers North-east of Aberdeen in 115 meters of water. This contract is the largest ever awarded to Technip for a project in the United Kingdom C
Brazil: OSX Receives USD 228 Million Loan for Super Shipyard
OSX, an EBX Group company focused in providing equipment and services for the offshore oil and gas industry, has received a USD 227.9 million loan for the funding of the construction of the Açu Shipbuilding Unit (UCN Açu), which will, once it is completed, be the largest shipyard in the Americas. Th
Four Tanker Operators Form New Market Leading VLCC Pool
The pool agreement governing the formation of a market leading VLCC pool has now been signed by the four partners. Morten Pilnov, Maersk Tankers, will be the Managing Director for Nova Tankers Pool. In this connection, the pool management company, Nova Tankers A/S, has been incorporated with Kazunor
USA: Anadarko Petroleum Awards FMC Technologies with Subsea Systems Contract
FMC Technologies, Inc. announced that it has signed an agreement with Anadarko Petroleum Corporation to provide subsea systems and life-of-field services for its Lucius project. The Lucius field is located approximately 275 miles southeast of Galveston in Keathley Canyon Block 875, in water depths o
USA: FMC Technologies Provides Subsea Systems for Anadarko’s Lucius Field
FMC Technologies, Inc. announced today that it has signed an agreement with Anadarko Petroleum Corporation to provide subsea systems and life-of-field services for its Lucius project. The Lucius field is located approximately 275 miles southeast of Galveston in Keathley Canyon Block 875, in water de
USA: Alliance Engineering to Design Topsides for Tubular Bells Field Spar Platform
Alliance Engineering, a subsidiary of Wood Group, has been awarded the detailed engineering and design of the topside facilities and deck for Williams Partners’ Gulfstar FPS™ spar production platform. This wet-tree platform will be installed in block 768 of the Gulf of Mexico’s Mississippi Canyon ar
Belgium: Safmarine Announces New Appointments
Safmarine has announced the appointment of Grant Daly as its new CEO, effective February 1, 2012. South African-born Daly, currently Safmarine’s Head of MPV (Multi-Purpose Vessel) unit, replaces Tomas Dyrbye, who has been Safmarine’s CEO for the past two and a half years. Daly joined Safmarine 17 ye
Sweden: EDA-R Landing Craft Project Receives New Jets
The first delivery of the French EDA-R landing craft project equipped with the new MJP 650 CSUI jets was successfully completed and the vessel was recently handed over to the French Navy. The jet installation is unique in the respect that a pair of Waterjets is controlled via a single steering and r
Norway: Hagland Shipping Expands Fleet
Hagland Shipping based in Haugesund, Norway will during 2nd quarter this year take over 2 new dry cargo ships of 4750 dwt from the Indian yard Chowgule & Co. Private Ltd. in Goa. The ships are of well-known Dutch design and part of a series of some 20 ships built by the same yard for […]
Australia: Two Combi Lift Vessels for Gorgon LNG Project
Combi Lift said it has signed a contract with Schenker for two of their semisubmersible ships for the Gorgon LNG project. The duration of the contract is 1 year with option of 2 years for delivery of supplies to the start-up of the project on Barrow Island in the western part of Australia. “This con