Business & Finance
Spain: Caterpillar Provides Propulsion Engines for Ostensjo Rederi OSV
Caterpillar Marine Power Systems was recently selected to provide 2x 6 M 25 C and 2x 9 M 25 C propulsion engines for an Ostensjo Rederi AS offshore supply newbuild. Each 6 M 25 C engine will provide 2000 kW @ 750 rpm. The 9 M 25 C will each provide 3000 kW @ 750 […]
USA: Expro Showcases its Latest Technology at ATCE 2011
Leading international oilfield service company Expro is showcasing its latest technologies to provide the complete package of solutions across the entire well lifecycle at the SPE ATCE2011, October 30 to November 2, Denver, Colorado (booth #2146) – bringing together their state-of-the-art innovation
UK: Forewind Pens 2GW Grid Connection Contract for Dogger Bank
Forewind, development partner for the Dogger Bank offshore wind farm zone, potentially the world’s largest wind energy project, has signed an agreement with National Grid for two 1GW grid connections potentially located in Teesside. Subject to the results of technical studies, yet to be completed, i
EU Navfor Warship Escorts AMISOM-Vessel from Mombasa to Mogadishu
EU NAVFOR warship SPS INFANTA CHRISTINA left Mombasa’s waters last week to assume the escort of merchant vessel PETRA 1 which carries supplies for the African Union troops operating in Somalia as part of the AMISOM force. The journey is from Mombasa to Mogadishu and in addition to the ship escort, a
South Korea: DSME Hits USD 12 Billion in Newbuild Orders
DSME has now hit the 11 billion dollar mark which was the sales target for this year by winning new orders. DSME won a new order for one fixed offshore platform with Chevron, the global oil company on 14th October. The value of this contract is approximately 1.4 billion dollars. The next day, DSME [
Caterpillar to Equip Ostensjo Rederi OSV with Propulsion Engines (Spain)
Caterpillar Marine Power Systems was recently selected to provide 2x 6 M 25 C and 2x 9 M 25 C propulsion engines for an Ostensjo Rederi AS offshore supply newbuild. Each 6 M 25 C engine will provide 2000 kW @ 750 rpm. The 9 M 25 C will each provide 3000 kW @ 750 […]
WSS Wins Seatrade Middle East Ships Agency Award for Second Year Running
For the second year in a row, Wilhelmsen Ships Service (WSS), was named Ships Agent of the year 2011 at last week’s Seatrade Middle East & Indian Subcontinent Awards (SMEISA), one of the industry’s most prestigious accolades. As one of the region’s most important events, more than 750 senior shippin
USA: Williams Partners Signs Agreements with Hess, Chevron for Tubular Bells Field Development
Williams Partners L.P. announced that it has signed multiple agreements with Hess Corporation and Chevron to provide production handling, export pipeline, oil and gas gathering and gas processing services in the Tubular Bells field development located in the eastern deepwater Gulf of Mexico. Hess an
BP Exercises Option for Safe Scandinavia at Valhall, Norway
BP Norge AS has exercised an amended 45-day option for the continued use of the Safe Scandinavia at the Valhall offshore facility in the Norwegian sector of the North Sea. The value of the exercised option is around USD 10.9 million. In addition, Prosafe has granted two additional 2 week options com
USA: Williams Partners to Participate in Tubular Bells Field Development
Williams Partners L.P. announced today that it has signed multiple agreements with Hess Corporation and Chevron to provide production handling, export pipeline, oil and gas gathering and gas processing services in the Tubular Bells field development located in the eastern deepwater Gulf of Mexico. H
USA: FMC Technologies Reports Third Quarter Results
FMC Technologies, Inc. reported third quarter 2011 revenue of $1.3 billion, up 34 percent from the prior-year quarter. Diluted earnings per share were $0.50 compared to $0.33 in the prior-year quarter. Total inbound orders of $1.3 billion included $731 million in subsea systems orders. Backlog for t
Russia: FSUE Rosmorport Signs MoU with Cargotec
On 25th of October a signing of Memorandum of Understanding between FSUE “Rosmorport” and Cargotec JSC took place. The Memo was signed in presence of co-chairmen of intergovernmental economic cooperation committee – Sergey Ivanov, deputy Chairman of the Government of the Russian Federation and Alexa
USA: Record Subsea Sales in FMC Technologies’ 3Q
FMC Technologies, Inc. reported third quarter 2011 revenue of $1.3 billion, up 34 percent from the prior-year quarter. Diluted earnings per share were $0.50 compared to $0.33 in the prior-year quarter. Total inbound orders of $1.3 billion included $731 million in subsea systems orders. Backlog for t
Germany: LEHNKERING Holds Naming Ceremony for New Gas Tankers
LEHNKERING has held a naming ceremony for two newly constructed gas tankers. In addition to LRG GAS 88, which has been operating since August 2011, the sister vessel LRG GAS 89, which has exactly the same design, will now complement the gas tanker fleet operated by the LEHNKERING Reederei. Dr. Angel