Equipment
Cargotec, NIB enter eight-year loan agreement
Cargotec Corporation and Nordic Investment Bank have signed an eight-year loan agreement totalling EUR 50 million for financing the acquisition of Aker Solution’s mooring and loading systems unit finalised at the end of January 2014. The mooring and loading systems unit provides mooring equipment, l
Cargotec Secures Loan to Finance Purchase of Aker Solution’s Mooring and Loading Systems
Cargotec Corporation and Nordic Investment Bank have signed an eight-year loan agreement totaling EUR 50 million for financing the acquisition of Aker Solution’s mooring and loading systems unit finalised at the end of January 2014. The division employs about 370 people in Europe, Asia and the Ameri
ASV Growth Continues with USA Campaign
Autonomous Surface Vehicles (ASV) Ltd has announced the company’s plans to break into the North American Unmanned Marine Systems industry. The move comes as the result of unprecedented success in the European and Asian markets where ASV has established itself as the lead Unmanned Surface Vehicle (US
UK: Lerwick Harbour to Get New Large Jetty
The fishing industry will be the main beneficiary of the next major project in the continuing development of Lerwick Harbour where the construction of a large new jetty at Holmsgarth North is due to begin in the third quarter this year. It will provide deeper berthing and more working area for the f
NES to propel Fafnir Offshore’s new PSV
Norwegian Electric Systems (NES) supplies the complete diesel electric system including the QUEST® system to Fafnir Offshore’s next vessel. NES recently got the contract for the hybrid battery diesel electric propulsion system for hull no. 126, a HD833 WE ICE platform supply vessel, with delivery in
Latvia: Dredging Brings More Business to Port of Riga
In March 2014 the enterprises of the Freeport of Riga handled by 26,7% more various cargo than in March 2013, and evaluating the first quarter of this year it is evident that the total cargo turnover has increased by 21.7%. Overall, 9.92 million tons were handled within three months, and it is the m
Fehmarnbelt Tunnel Application Documents Become Public
Detailed application plans for the Fehmarnbelt fixed link have been put on display to the German public by the authorities in Schleswig-Holstein. As is the practice in Demark, the German regulatory approval process for the Fehmarnbelt project is conducted in full transparency and dialogue with all s
Fehmarnbelt Tunnel Project: Application Documents on Public Display
Detailed application plans for the Fehmarnbelt fixed link have been put on display to the German public by the authorities in Schleswig-Holstein. As is the practice in Demark, the German regulatory approval process for the Fehmarnbelt project is conducted in full transparency and dialogue with all s
EnerMech to Provide PPU Services for Technip (Norway)
EnerMech will provide Technip in Norway with equipment and personnel on two offshore campaigns for Leak Testing of the Gullfaks Future Oil Export Loading system in the Norwegian North Sea. The contract award follows the appointment of the EnerMech’s PPU (Process, Pipeline & Umbilicals) general manag
EnerMech lands Gullfaks job from Technip
EnerMech will provide Technip in Norway with equipment and personnel on two offshore campaigns for Leak Testing (RFO Services) of the Gullfaks Future Oil Export Loading system in the Norwegian North Sea. The contract award follows the appointment of the EnerMech’s PPU (Process, Pipeline & Umbilicals
Two Scottish firms team up to create Scotoil Offshore Services
Two oil and gas suppliers have announced a new joint venture which is to create about 10 jobs in Aberdeen. Environmental management specialists Scotoil Services has amalgamated with design and manufacturing firm BME UK Ltd to create Scotoil Offshore Services Ltd (SOS). The companies, each having 20
Tata Steel unveils enhanced steel grade for O&G industry
Tata Steel’s Speciality Steels business has unveiled an enhanced version of its existing 4145H modified alloy steel grade which combines high strength with toughness making it ideal for use in demanding downhole tool and completion equipment environments. This improved bar product grade is manufactu
Renewable Energy Projects Improve Marine Organisms Living Conditions
A recent marine study has shown how renewable energy projects, such as wind farms, improve the living conditions of certain sea organisms. The study, focused mainly on smaller organisms of Scottish and Irish marine life, tried to show what kind of impact the development of wave and tidal industry ca
IKM Mooring Services wins mooring deal from RWE Dea Norge
IKM Mooring Services AS signed a contract with RWE Dea Norge AS for mooring services for mobile drilling units used by RWE Dea Norge AS on the Norwegian Continental Shelf. The scopes of work are mooring analysis, rig move/mooring procedures, mooring equipment rental, assistance for planning and comp