Deep C has completed a Mass Flow Excavation and Dredging contract in the Black Sea utilizing their in house designed Deep C Blower. The Deep C blower is an electrically powered Mass Flow Excavation solution with unique capabilities and the ability to be used at considerable water depths. The project
Oslo-listed Oceanteam Shipping has completed the transfer of its 50% ownership stake in the to date jointly owned Pipelay Vessel North Ocean 102 to J. Ray McDermott Norway. The company said that the proceeds from the sale will go towards a USD 35 million amortization on Oceanteam’s bond loan debt du
The project services division of CSL has been awarded the extension of an existing onshore and offshore frame agreement with Shell UK across their Upstream International Europe region for the provision of client representation (OOER and QAQC). The contract covers provision of experienced senior clie
Cheniere and Portugal’s EDP Energias de Portugal signed a 20 year LNG sale and purchase agreement for 0.77 mtpa of LNG from Corpus Christi.
Last Thursday a public meeting was held at the FSUE “Rosmorport” Sakhalin Branch offices to discuss materials on environmental impact assessment for the project “Repair dredging in Korsakov seaport for a period of 5 years”. Administration of municipal entity of the Korsakov Region, the Sakhalin Bran
Wasa Dredging has completed the blasting and dredging of Pietarsaari Port. All of the company’s equipment was used in different phases during the project. The port was dredged to -12,8 m. The project consisted of about 60 000 m³ of underwater blasting, dredging of 200 000 m³ of blasted rock and 563
Statoil has received consent from the Petroleum Safety Authority (PSA) Norway to use Oseberg Vestflanke, located in the North Sea, beyond its originally planned life. Oseberg Vestflanke is part of the Oseberg field and has been developed using subsea facilities tied back to the Oseberg field centre.
Germany’s Wintershall has announced updated, higher recoverable resource estimates for its operated Maria Field, located in the Norwegian Sea. Wintershall estimates that the planned technical recoverable resources will reach about 180 million barrels of oil equivalent (boe). According to Wintershall
Azonto has been advised by its affiliate Vioco Petroleum Limited (“Vioco”, 35% Azonto, 65% Vitol) that the President of Cote d’Ivoire, Alassane Ouattara, has signed an Exclusive Exploitation Authorisation (EEA) covering the Gazelle field in Block CI-202, offshore Cote d’Ivoire. Azonto says that the
Mermaid Maritime has secured a 2-year contract for its dive support vessel, ‘Mermaid Commander’, to provide subsea construction support in the Gulf of Thailand for a repeat customer. The contract has an estimated value of USD 50 million. The 2-year contract for subsea construction will be performed
Cecon Shipping 3 AS, a subsidiary of Rever Offshore AS, has secured a USD 35 million senior bond financing deal with York for the purpose of starting the completion of Hull 719, the third in line of Cecon’s 130 meters long SURF subsea construction vessels. To enable an earlier start-up of the Hull 7
Cavache Inc., one of the leading companies in dredging industry, is using an Ellicott 1170 dredge to perform the 40ft. maintenance dredging project for Manatee Harbor. Since the works began some two months ago, the 2010 Maya Caelyn is dredging the entrance channel, turning basin and berthing areas i
Ocean Yield ASA has announced the sale of its seismic survey vessel ‘Geco Triton’ to the charterer for USD 8.2 million. Built in 1991 by Jurong Shipyard, Singapore, the ex-trawler is currently on charter with Schlumberger company, WesternGeco, until December 2015. The sales price includes full payme
IMCO General Construction, Inc. has begun works on a $2.55 million construction contract to upgrade the Port of Everett’s South Terminal, strengthening the wharf to support roll-on/roll-off cargo operations. This major infrastructure investment, made possible through a grant from taxpayers of Washin
