Business & Finance
Leighton Wins Contract Offshore Iraq, Launches New Engineering Business in Malaysia
Leighton Offshore officially launched its new engineering business in Malaysia. DPS Leighton Engineering Sdn Bhd (LE), a fully owned subsidiary of Leighton Offshore, provides engineering and PMC solutions for Leighton’s international EPCIC and LOFS business. Leighton’s detailed engineering and PMC a
China: Yangzijiang Shipbuilding Plans JV with Qatar Investment
Yangzijiang Shipbuilding (Holdings) Ltd., a large shipbuilding enterprise in China, is planning new joint ventures with Qatar Investment Corp (QIC) to move further into the offshore marine business. Yangzijiang agreed with QIC to invest $110m in YZJ Offshore Engineering Pte Ltd (YOEPL), a Singapore-
Leighton Wins Engineering Gig for Two Offshore Platforms in Iraq
Leighton Offshore last week officially launched its new engineering business in Malaysia. DPS Leighton Engineering Sdn Bhd (LE), a fully owned subsidiary of Leighton Offshore, provides engineering and PMC solutions for Leighton’s international EPCIC and LOFS business. Leighton’s detailed engineering
ABB Acquires Powercorp (Australia)
ABB, the leading power and automation technology group, announced that it has completed its acquisition of Powercorp. Powercorp’s portfolio includes automation and control technologies to manage the integration of renewable energy into isolated grids and keep generation in balance with consumption.
Singapore: Otto Marine Sells AHT SWORDFISH 3
Otto Marine Limited, offshore marine company which specializes in building complex offshore support vessels, ship chartering and offers specialized offshore services, announces that it has sold a 40 meters Anchor Handling Tug (AHT), “SWORDFISH 3” to its joint venture company, Otto Limin Marine Priva
UK: FoundOcean Celebrates New Milestone
FoundOcean hit a milestone in its 45 year history in November, with a record number of personnel mobilised on offshore projects. “This is a very exciting and busy time for FoundOcean. The success of the company relies on the dedication and skill of our offshore personnel who provide our clients with
UK: FoundOcean Breaks Company Record with 44 Personal Mobilised
FoundOcean hit a milestone in its 45 year history in November, with a record number of personnel mobilised on offshore projects. “This is a very exciting and busy time for FoundOcean. The success of the company relies on the dedication and skill of our offshore personnel who provide our clients with
China Three Gorges Corp Acquires USD 269 Million Stake in China Power New Energy Development
China Three Gorges Corp., operator of the nation’s biggest dam, agreed to pay HK$2.1 billion ($269 million) for a 29.1… By Aibing Guo (bloomberg) [mappress] Source: bloomberg, December 12, 2011; Image: cpne
India Enters Elite League of Nations with Launch of AUV
With the development of an indigenous autonomous underwater vehicle (AUV) at a cost of Rs 38 crore, India has made its entry into an elite… Chethan Kumar (deccanherald) [mappress] Source: deccanherald , December 12, 2011
Singapore: Otto Marine Sells AHT Vessel
Otto Marine Limited, an offshore marine company which specializes in building complex offshore support vessels, ship chartering and offers specialized offshore services,has sold a 40 meters Anchor Handling Tug (AHT), “SWORDFISH 3” to its joint venture company, Otto Limin Marine Private Limited (“JV
China: Huanghai Shipbuilding Announces Newbuilding Contract
Shandong-based Huanghai Shipbuilding recently announced its newbuilding contract with Bohai Ferry for the construction of four mega international Ro-Ro. The current biggest Ro-Ro domesticly, the 1600-seat and 2000m-lane “Zhu Series”, were all built by Huanghai Shipbuilding for Bohai Ferry. Now Huang
EDF Reconsiders on French Offshore Wind Tenders
Paris based EDF Energies Nouvelles gives up on bid to construct offshore wind farm at Le Treport. “We’ve taken this decision in order to concentrate on the four other zones,” said David Corchia, CEO of EDF Energies Nouvelles, reports Les Echos. In July French government launched €10 billion offshore
Sweden: Ocean Modules Selects IAR Systems Development Tools for Next Generation ROVs
IAR Systems, a leading provider of software tools for embedded systems, announced that its build and debug tool chain IAR Embedded Workbench has been selected by Ocean Modules, an ISO 9001:2008 certified manufacturer of remotely-operated vehicles (ROV), for the next generation underwater technology.
Swedish Ocean Modules Selects IAR Systems’ Solution for ROVs
IAR Systems, a provider of software tools for embedded systems, announced today that its build and debug tool chain IAR Embedded Workbench has been selected by Ocean Modules, an ISO 9001:2008 certified manufacturer of remotely-operated vehicles (ROV), for the next generation underwater technology. O