Aker Kvaerner has signed a letter of intent with Aker Oilfield Services and is set to expand its subsea service offering by providing equipment and personnel to the world’s first deepwater Subsea Equipment Support Vessel (SESV). The contract, to commence latest 2010, is worth approximately USD 60 mi
Aker Kvaerner has informed Aker Drilling that the two Aker H-6e drilling rigs currently under fabrication will have a revised delivery schedule. It is not expected that these changes will affect Aker Kvaerner’s financial results for 2007 and going forward.
Cargotec’s MacGREGOR business area providing marine cargo handling and offshore solutions, has received an order for conversion of car decks in six RoRo vessels. The conversion will take place during 2010–2012 and the value of the order exceeds EUR 10 million.
Maersk Oil has participated in the ninth Brazilian oil and gas exploration licence round and was successful in four bids. Maersk Oil was awarded blocks C-M-560 and C-M-591 in the South Campos basin as operator (50% interest) together with OGX (50% interest). The blocks cover an area of approximately
A gigantic development project is complete and the Ormen Lange field is on stream. On Friday 30 November the Ormen Lange operatorship will be formally transferred to Shell, who from 1 December will take over as field operator.
CNOOC Ltd. and ConocoPhillips China Inc. have begun pilot production from the Phase II development of the Penglai (PL) 19-3 oil field. Oil is flowing from Platform C, the first wellhead platform to come on stream under the Phase II PL 19-3 oil development.
Alan Curran, managing director of Lundin Britain Limited said, ‘An investigation into the cause of the incident is now underway. We are pleased that the safety systems and response processes worked well. We now are working to identify the cause of the incident. Thistle Alpha is an installation with
Total today announces that it has assigned a 10% interest in the Joslyn project to INPEX Canada, a subsidiary of Japanese oil company INPEX Corporation. Located around 60 kilometres northwest of Fort McMurray in the Athabasca region of the Canadian province of Alberta, the Joslyn oil sands project i
The Aitken Spence conglomerate is awaiting Cabinet approval to construct the proposed container terminal in the Colombo South port. The company seems to be the highest bidder to build and operate the new container terminal.
IHC Merwede is proud to announce the launch of a new Diving Support / Offshore Construction vessel for Bermuda based Toisa Limited. The Launch will take place on Saturday November 24th 2007 at Merwede Shipyard and will be performed by Mrs Lorena Vázquez de Hernández, spouse of Mr José Hernández Cant
Imtech N.V. (technical services provider in Europe) announces that the acquisition of the Irish based Suir Engineering Limited announced half October 2007 has been finalised with the approval of the Irish Competition Authority.
RET and DAMEN has signed a contract for one Damen Fast Ferry 3007. The above acquisition by RET is the result of having been awarded the new ferry service in the Port of Rotterdam, between Hoek van Holland, Maeslantkering and Europoort/ Maasvlakte. This service will commence on 1st March, 2008 and i
She was built by the former K Damen shipyard in 2001. She may appear to be one of the many tugs this shipyard has built, but she features a luxurious interior. The owner choose a tug styled yacht, because of its robust looks, but also for safety reasons. The yacht is owned by the Oman […]
Global Industries, Ltd. announced today that its wholly owned subsidiary Global Offshore International, Ltd. has been issued a Letter of Intent for the award of a contract valued at approximately $36 million from VAALCO Gabon (Etame), Inc. The project is for the transportation and installation of in