Business & Finance
OSIL Launches Box Corer T-Bar System
A sophisticated T-bar mini-penetrometer for exclusive in-field seabed strength profiling of box core samples is now available from environmental monitoring experts Ocean Scientific International Ltd (OSIL). The T-bar penetrometer measures the resistance of sediment to continuous penetration at a slo
Mitsubishi Shipbuilding to Build Two High-Speed Ferries for Shin Nihonkai
Mitsubishi Shipbuilding received orders for two large, high-speed ferries from Shin Nihonkai Ferry.
Subsea 7 Wins Azerbaijan Double with BP
Subsea 7 has been awarded two contracts with a combined value between $50 million and $150 million by BP Exploration for the Azeri Central East (ACE) project in the Azeri-Chirag-Deepwater Gunashli (ACG) field in the Caspian Sea. The project is situated in a water depth of approximately 140 metres. T
Subsea 7 to work on BP’s Caspian Sea project
UK’s Subsea 7 has been awarded two contracts by BP for the Azeri Central East (ACE) project in the Azeri-Chirag-Deepwater Gunashli (ACG) field in the Caspian Sea in a water depth of approximately 140 meters.
ConocoPhillips closes sale of UK business to Chrysaor
ConocoPhillips has completed its previously announced transaction to sell two ConocoPhillips United Kingdom subsidiaries to Chrysaor for $2.675 billion, plus interest and customary adjustments.
Tufton Oceanic Buys Crude Oil Carrier
Tufton Oceanic Assets Limited has agreed to acquire a crude oil tanker.
Technical Incident Delays Delivery of Eimskip’s New Boxship
The 2,150 TEU ship suffered damages to its shaft generator while it was being prepared for next week’s sea trials.
WASA Dredging Busy in Norway
WASA Dredging, a Finnish marine offshore and inland water construction company, is currently working on the Ålesund dredging program in Norway as the main contractor. Aim of the project is to widen the narrow multiple smaller fairways in the center of Ålesund and by doing so greatly improve the safe
Teekay Shuttle Tankers Eyes USD 150 Mn to Finance Newbuilds
The company is looking to raise up to USD 150 million through a senior unsecured green bond issue.
Vopak Wraps Up Sale of Amsterdam, Hamburg Terminals
Royal Vopak completes the divestment of its terminals in Amsterdam and Hamburg to First State Investments.
Excelerate Charters Out Maran Gas Maritime’s FSRU
During the five-year deal, Excelerate will have the option to purchase the newbuilding.
Valaris rig hired for Neptune’s Seagull project
Neptune Energy has awarded Valaris, formerly known as EnscoRowan, a contract to provide a heavy-duty jack-up drilling rig for the Seagull development oil project in the UK North Sea.
Cryo Shipping Turns to Biogas, Hydrogen as Marine Fuel
Cryo Shipping gets government grants to develop infrastructure for the supply of fully renewable energy as marine fuel.
Ryder Geotechnical Sets Up Office in London
Ryder Geotechnical, part of Tekmar, has opened a new office in central London. The office will serve as the regional base for Ryder Geotechnical, and with the appointment of Robbie Williams-Crew as senior geotechnical engineer in London, the company said it is well established to support its growing