News
Popular news, October 10 – 16, 2016
The most popular articles of the week
Top news of the week October 10-15
Report: investment company plans 20 LNG carriers order at South Korean shipyards An order for 20 liquefied natural gas carriers could be placed at South Korean shipyards from CBI Energy and Chemical, an investment company controlled by Australian and Canadian investors. Video: FSU Armada LNG Mediter
Photo of the Day: Second Siemens SOV Gearing for Launch
Norwegian ship designer and shipbuilder Ulstein has shared a photo of the second wind farm service operation vessel (SOV) built for Bernhard Schulte Offshore and chartered out to Siemens Wind Power Service as the vessel is getting ready to be launched. Ulstein did not reveal the exact date of the la
After years of delays, first oil batch shipped from Kashagan field
After years of delays and tens of billions U.S. dollars invested, Kashagan, a giant offshore oil field in the Caspian Sea, has shipped the first batch of oil. The field, located in the Kazakh sector of the Caspian Sea, discovered in 2000, has been reopened this month after the replacement of offshor
Royal IHC to slash 425 jobs
Dutch shipbuilder and maritime equipment supplier, Royal IHC on Friday said it plans to cut about 425 jobs and lay off its COO, as the company is “fine-tuning” its strategy in “poor market conditions.” IHC said a statement it is increasingly outsourcing production activities in order to remain disti
Royal IHC axes 425 jobs and COO role due to ‘poor market conditions’
As a direct consequence of persistently poor market conditions, Royal IHC, a supplier of maritime equipment, has decided to reduce its workforce by 425 positions and lay off its COO. Royal IHC said on Friday it is increasingly outsourcing production activities in order to remain distinctive and cost
VIDEO: Kreuz Subsea’s new DSV heading to Norway
Singapore-based Kreuz Subsea, a provider of integrated offshore subsea services, shared a video of its new diving support vessel (DSV), the Kreuz Challenger, starting its voyage from the construction yard in Tulcea, Romania to Vard’s shipyard in Søviknes, Norway. The vessel is scheduled for delivery
UK’s Marine Robots Mission Complete
A fleet of ten marine robots has completed two-week mission off northwest Scotland. The mission comprised the largest simultaneous deployment of marine robots in UK waters, with seven submarine gliders and three surface Wave Gliders operating in waters around the Outer Hebrides, National Oceanograph
Eidesvik and CGG Scrap Viking Vision Contract
Norwegian vessel owner Eidesvik and French seismic player CGG have agreed to terminate the contract for Viking Vision seismic vessel. The contract termination has an immediate effect despite its due term at end July 2017. Nevertheless, the Oslo-listed Eidesvik confirmed that payment of the charter r
CGG cans seismic vessel deal with Eidesvik
Norwegian offshore vessel provider Eidesvik Offshore and French geophysical company CGG have agreed to terminate with immediate effect the contract for the seismic vessel Viking Vision. According to Eidesvik’s statement on Thursday, the contract was due to expire at the end of July 2017. The shippin
EnQuest cuts Kraken costs. Reaches restructuring deal with lenders
EnQuest, an oil company working to develop the Kraken oilfield in the UK North Sea, has managed to further cut the project costs. It has also reached a deal with creditors over debt restructuring. The company has already reduced the Kraken costs estimates several times. In a statement on Thursday, E
Motive Offshore to Build Carousel Loading Tower for Swan Hunter
Swan Hunter has issued Motive Offshore Group a Letter of Intent (LOI) for the design and build of a basket carousel loading tower. Package Manager John Young said: “We are pleased to announce our agreement with Motive to provide the design and build of our Carousel Loading Tower. This key deliverabl
GC Rieber forms new seismic player with Rasmussengruppen
Norwegian shipping company GC Rieber Shipping has signed an agreement with Rasmussengruppen to establish a new, jointly owned, marine geophysical company called Shearwater GeoServices. Shearwater GeoServices will become an integrated provider of marine geophysical services to oil and gas and multi-c
Norway: Five workers exposed to poisonous gas
Five people have been exposed to poisonous H2S gas at Statoil-operated Sture Terminal in Hordaland, Norway. According to Statoil, at 4:05 pm CET on Wednesday 12 October, notice was given of a workplace accident at the Hordaland. “Five people were sent to Haukeland Hospital after having been exposed