Fossil Energy
Vard confirms contract with Mermaid Marine for two PSVs
Vard Holdings Limited has announced that it has secured new contracts for the design and construction of two Platform Supply Vessels for Mermaid Marine Australia Limited. The vessels will be delivered from Vard Vung Tau in Vietnam in 4Q 2015 and 1Q 2016 respectively. The vessels are multifunctional
Scana sells part of Scana Offshore to HitecVision
Scana Industrier ASA has signed an agreement regarding sale of the daughter companies Scana Offshore Services Inc, Scana Offshore Technology AS and the service part of Scana Offshore Vestby AS. All these companies are a part of the business area Scana Offshore. The buyer is HitecVision fond VI. Scan
An oil major wants to hire Safe Scandinavia
Prosafe has been awarded a Letter of Intent (LoI) by an undisclosed oil major for the provision of the Safe Scandinavia semi-submersible accommodation vessel temporarily converted for tender support operations at a location on the Norwegian continental shelf. On site operations are planned to start
South Stream orders pipes for second offshore line
South Stream Transport has ordered over 75,000 pipes for second line of the South Stream Offshore Pipeline, with a total order value of about 800 million euros. Marubeni-Itochu & Sumitomo Consortium from Japan will supply 40% of the pipes, OMK Steel from Russia 35%, and Izhora Pipe Mill from Russia
Saipem to construct South Stream Offshore Pipeline
South Stream Transport has contracted the Italian company Saipem for the construction of the South Stream Offshore Pipeline. Oleg Aksyutin, CEO of South Stream Transport B.V. and Stefano Bianchi, SVP of Saipem S.p.A signed the contracts in Amsterdam today. The South Stream Offshore Pipeline will con
Most popular articles of the week, March 10 – 16, 2014
Read about the Malaysian missing jet, Super Puma helicopter crash, new FPSO in Singapore, South Stream construction, A very large OSCV etc…
GE opens expanded oil and gas facility in Fót, Hungary
GE today formally opened its newly expanded oil and gas facility in Fót, Hungary. The GE Oil & Gas manufacturing plant has been substantially enlarged with the addition of a new 8,000 square meter manufacturing facility and a new office building of 3,000 square meters. The new manufacturing base wil
Aibel scores Ivar Aasen maintenance work
Norwegian oilfield services provider Aibel has been awarded a contract to work on Ivar Aasen field in the Norwegian part of the North Sea.
‘World Sapphire’ christened by Damen
The official christening of the ‘World Sapphire’ marks the completion of a six-ship order whereby Damen Shipyards has delivered six Platform Supply Vessels to Norwegian company World Wide Supply AS in just six months. The Damen PSV 3300 features a radical design rethink, with a wave piercing bow, sl
Survival Craft Inspectorate names Dutch market distributors
Survival Craft Inspectorate, a global provider of emergency marine evacuation systems, has appointed two distributors for the Dutch market as it eyes new growth opportunities. The business has agreed partnerships with North Sea Davit & Lifeboat Services BV at Nieuwegein, as well as Polyrep BV at Hel
SeaBird’s Harrier Explorer gets contract extension
SeaBird Exploration Plc announces that Harrier Explorer has been awarded a two-month extension to the current contract in the North Sea. The vessel will operate under the extended contract until the second half of May 2014. The value of the extension is estimated at USD 4 million. The Aquila Explore
Petronas’ pipeline repair system recognised at JEC Europe 2014 Innovation Awards
Malaysia’a Petronas recently emerged as the winner in the oil and gas category of the JEC Europe 2014 Innovation Awards for its new breakthrough – the PROASSURETM – a composite clamp for pipeline repair. The composite clamp which was developed by PETRONAS Research Sdn Bhd (PRSB), the research arm of
Island Offshore earns nearly $167 M in new charter deals
In the last four months Island Offshore has secured new contracts, as well as extensions of existing contracts, worth close to 1 billion NOK ($167 million). “We are very pleased to have secured these new contracts, all with strategically important customers. We have an attractive fleet to offer the
Noble Corporation: Rig contract extension in Australia, termination in Brazil?
International offshore drilling contractor Noble Corporation has secured a contract extension for its Noble Clyde Boudreaux semi-submersible drilling rig in Australia. The UK-based company said that the drillship would remain with Shell in Australia until late September 2015 on a $515.000 day rate.