Norwegian-listed oilfield services group Eidesvik Offshore says it is extending its bareboat charter for its vessel Oceanic Viking for $37 million. The company said it had agreed with P&O Maritime Services to a 5 year extension of the current bareboat charter. The extension will start from 1 July 20
Norwegian-listed Global Geo Services (GGS) has contracted out its Alligator tender rig to Petronas Carigali for operations offshore Malaysia in a $200 million deal. GGS said contract is four 4 years with a following one year option. Total contract value is around $200 million, GGS said, with an aver
After further drilling the West Franklin field in the UK North Sea operator Total said it could increase the reserves potential of the find towards 200 m boe. Described as the deepest high pressure and high temperature field in the UK North Sea, West Franklin in blocks 29/5b and 29/4d was originally
News – September 10, 2008 ABC in Australia reports that a call for the mouth of the Myall River near Hawks Nest to be dredged has been issued by a local councillor Great Lakes councillor Len Roberts told ABS the situation is “urgent,” because low salinity and pollution have led to diseased and dying
News – September 10, 2008 Trade Arabia News Service reports that tender documents are under preparation for Sohar Port’s proposed deep water jetty. The US$200 million project is the next phase of expansion of the port and industrial area. The project will involve the design, construction and mainten
News – September 9, 2008 Dutch dredging and marine contractors Van Oord and Boskalis have formed the ‘Delfland Coast Consortium’ to undertake a project involving the reinforcement of Delfland’s coastal defences and the creation of a nature reserve along the Delfland coast. The consortium signed the
New Vessels – September 10, 2008 Van Oord’s new cutter suction dredger is an innovative, ‘green’ design. Dutch shipbuilder IHC Merwede has confirmed that Van Oord has commissioned the construction of a large self-propelled cutter suction dredger. The new vessel will be one of the largest cutter suct
The 19th edition of the Maxi Yacht Rolex Cup concluded on Saturday with the announcement of the winners. The Race Committee waited for the wind off Sardinia’s Costa Smeralda until 1345, but the light and shifty breeze failed to reach more than an average of 2 knots, forcing racing to be abandoned. O
The Norwegian Petroleum Directorate has given StatoilHydro the go-ahead to drill well 15/5-7 A with the Transocean Winnersemisub. The well will be spudded when the rig has completed work on the 15/5-7 appraisal well in production licence 048 and it will be a sidetrack to the exisint well. StatoilHyd
PA Resources is farming out a 72.5 percent interest in the exploration licence Marine XIV offshore the Republic of Congo. Under the deal, the Norwegian listed oil and gas group will sell 29.4 percent working interest in Marine XIV to SOCO Exploration and Production Congo (SOCO EPC). It is also selli
Pål Engebretsen has been appointed as executive vice president of the Bergen Group, which has just announced a clutch of new contracts. The Bergen Group said in a statement that Engebretsen will act as CEO when CEO Roger Simmenes is not present and that he has been appointed to bolster top managemen
Key location at the Port of Veracruz to form base for planned expansion throughout Mexico Lloyd’s Register Central and South America Ltd recently celebrated the grand opening of its new Veracruz office with more than 100 clients, employees and local government officials in attendance. After 16 years
News – September 9, 2008 Hamburg Port Authority (HPA) and Wasser- und Schifffahrtsamt Hamburg (WSD) [the Hamburg Water and Navigation Office], the two project developers involved, have applied to the planning authorities for a reconsideration of their revised plans for the deepening of the Elbe chan
News – September 9, 2008 IHC Merwede has announced details of a major expansion of its capacity, and says it can look back on an excellent first half year in 2008. Recent highlights include: • Revenue for first half of 2008 of Euros 512 million, which is 54 per cent up on first six months […]
