Wärtsilä, the marine industry’s leading solutions provider, has been awarded a contract by shipbuilding company STX Finland Oy to supply additional equipment for the world’s biggest LNG fuelled passenger ferry. The ship is to be built for Viking Line, a Finnish owner, and the extension contract cove
Eldepasco invites tender in negotiated procedure for offshore wind farm construction. The contract includes the design, supply, construction and commissioning of the electrical infrastructure of the offshore wind farm Eldepasco. This excludes the placement of the OHVS functioning and the onshore and
The specification sets out the terms of reference for the research project: refining sea-bed process models for aquaculture. The project will consider the physical processes determining the distribution of solid wastes from marine aquaculture and the resulting ecosystem response as represented in th
Havila Shipping ASA has successfully completed the issuance of a new NOK 600 million secured bond. Final maturity date is in March 2017. The bond will be sought listed on the Oslo Stock Exchange. The net proceeds from the bond issue will be directed towards long term financing of the vessel Havila S
Grenland Group has received three Letters of Intent for a total of NOK 220 million (USD 38.8 Million) from FMC Technologies’ Kongsberg operation. Manufacture of equipment to support the Ormen Lange Project Grenland Group, as a supplier to FMC Technologies, has received a Letter of Intent to manufact
Repsol has agreed to sell a 3.83% stake of YPF to Lazard Asset Management and other investment funds for $639 million. Both transactions have been agreed at a price of $42.4 per share. Lazard Asset Management will acquire for $484 million a total of 2.9% of YPF for a number of its clients*, while [&
RBG had a record month of contract wins in February, securing more than £150million of new work. RBG, which provides a wide range of expert services to maintain the integrity of production facilities, has experienced a period of significant activity in the North Sea, securing contract wins with a nu
Salvage & Marine Operations promotes tender for ROV services in the Bath area of UK. The Ministry of Defence has a requirement to recover debris from the seabed following an equipment trial. A DP2 ROV support vessel fitted with a work class ROV and crane (capacity 5t) capable of working in water dep
As part of its continuous process to improve quality, the Professional Diving Academy, based in Dunoon, Scotland, has recently been accredited by the British Accreditation Council. This extremely prestigious recognition demonstrates that PDA standards of management, training, and student welfare ful
Technip was awarded an installation contract, worth more than €20 million, by EOG Resources United Kingdom Limited, for the development of the Conwy field, located in the East Irish Sea. The contract covers: * welding and installation of an 11.4 kilometer, 8” production pipeline and an 8” water inje
The Penspen Group has been commissioned by Qatargas, a pioneering liquefied natural gas (LNG) producer, to develop the Detailed Design for a new Flexible Grouted Clamp and to produce a set of Flexible Grouted Clamps to enable the quick and effective repair of their large diameter subsea pipelines in
Songa Offshore, Cyprus-based offshore drilling company, provides fleet update for February 2011. Songa Venus achieved operating efficiency of 97% during the month. The rig continues to operate for Total E&P in Australia. Songa Mercur(photo) is currently in transit to Singapore after obtaining Chines
Apache Corporation reported that interim repair work on the Forties Bravo to Charlie pipeline was completed on March 6, 2011, and production from Forties Bravo is ramping up to approximately 50 percent of the pre-outage rate of 11,600 barrels of oil per day. The replacement pipeline is scheduled for
Technip was awarded by GDF SUEZ an engineering, procurement, construction and installation contract, worth approximately €45 million, for the Gjøa field development located in the Norwegian sector of the North Sea. This contract covers: * engineering and fabrication of two smoothbore gas export rise