Green Marine
Heerema and Technip Win Kaombo Contract
The consortium, comprising Heerema Marine Contractors (Heerema) and Technip, was awarded a major lump-sum contract by Total E&P Angola for the engineering, procurement, construction, installation (EPCI) and pre-commissioning for the SURF (subsea umbilicals, risers and flowlines) part of the Kaombo p
Alliance Offshore Selects Caterpillar
Caterpillar’s Cat® C175 and Cat 3512 generator sets have been selected to power the first Zentech R550-D jackup newbuild for Alliance Offshore in China. Five Cat C175 generator sets, each with rated power of 1833 ekW at 1200 rpm, will be used as the prime power for the jackup with 1x Cat 3512 genera
Daimler Reaches Agreement with Rolls-Royce
Rolls-Royce and Daimler have agreed the valuation of Daimler’s 50% equity interest in the joint venture Rolls-Royce Power Systems (RRPS). Both parties have determined the fair market value of Daimler’s shares at EUR 2.43 billion. The transaction is expected to complete within the next five months an
Construction of Mariner’s Flotation Tanks Begins
TECADE has begun construction of the flotation tanks for the project ‘Mariner’. The oil platform will be located between the coasts of Norway and Denmark in the east, the British Isles in the west and from Germany, Holland, Belgium and France in the south. The project consists of two sets of floatat
Lamprell Adds Two LeTourneau-Designed Jackups
Lamprell, a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, has won a new contract from Ensco Intercontinental GmbH to build and deliver two high specification, self-elevating Mobile Offshore Drilling Platfor
Stril Explorer Secures EXXON Mobil Gig
Reach Subsea has entered into a contract with EXXON Mobil for the vessel Stril Explorer for light construction work in the North Sea. Further, Reach Subsea has entered into new cooperation contracts with MMT for delivery of ROV-services. Total contract value is approximately $2.5 million. Stril Expl
Genoil, OW Bunker in Partnership for Low Sulphur Fuel Oil
Genoil and OW Bunker, one of the world’s leading physical distributors and resellers for marine fuel, have signed a Memorandum of Understanding, to build an upgrader for which OW Bunker will supply the feed oil to Genoil. As part of the agreement, Genoil will build the Hydroconversion Upgrading Syst
Increase in Share Capital for Avance Gas
Avance Gas, one of the world’s leading owners and operators of very large gas carriers, has completed the bookbuilding period for the initial public offering of its shares. Avance Gas has issued 4,894,262 new common shares, each with a nominal value of USD 1.00, at an offer price of NOK 122 per shar
James Fisher Demonstrates Innovative Ship-to-Turbine System
James Fisher Renewables has conducted an innovative trial of Ship-to-Turbine (STT), an oil change system set to significantly improve safety, efficiency and reduce down time in offshore wind turbine gearbox oil changes. The trial was recently performed on an offshore wind farm off the Norfolk coast.
Port of Rotterdam Partners with TOC Worldwide
Port of Rotterdam has signed a global partner deal with TOC Worldwide, organiser of the global TOC portfolio of port-centric maritime trade and supply chain events. The two partners said that the new agreement reflects a mutual commitment to foster greater dialogue and co-operation across internatio
IMB Warns about New Charter Party Fraud Tactics
The ICC International Maritime Bureau (IMB) has warned of new charter party fraud incidents and is advising that all counterparties be investigated before deals are carried out. The warning comes after a case where a voyage charterer received payment for freight but failed to pass this on to the shi
LMU Presents Cruise Industry’s Corporate Social Responsibility Report
New research by Leeds Metropolitan University reveals that the cruise industry isn’t going far enough in their corporate social responsibility towards the environment, society and the destinations they visit. The study, published this month in the journal Tourism Management, analyses the industry’s
GCT Opts for TTS Container Handling Equipment
TTS Group ASA has, through its subsidiary TTS Marine Inc., signed a contract for container handling equipment with Global Container Terminals Inc. (GCT) in New Jersey, USA. Global Container Terminal, the closest container terminal to the New York/New Jersey harbor entrance, is among the top terminal
Jumbo Installs FPSO Mooring Spread for EnQuest
Jumbo, with the help of its J-class vessel ‘Fairplayer’, has successfully completed the installation of an FPSO mooring spread for client EnQuest in the North Sea. The second stage of the project will take place in 2014. This will see the EnQuest Producer, a 249m long Floating Production, Storage an