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Business & Finance

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Oil & Gas UK Names New Operations Director
Business & Finance

Oil & Gas UK Names New Operations Director

Oil & Gas UK has appointed Oonagh Werngren as the new operations director. She will join the team on 21 January 2013 and build on the work of Paul Dymond who retires from the post after ten years of excellent service. Oonagh Werngren is highly experienced in project delivery in the oil and gas indus

about 13 years ago
Halul Island, Ras Laffan to Be Linked by Subsea Cable (Qatar)
Business & Finance

Halul Island, Ras Laffan to Be Linked by Subsea Cable (Qatar)

Halul Island is set to receive a maximum of 200 megawatts electricity from Ras Laffan through a subsea cable project which will cost more than QR1.6bn, Gulf Times reports. The cable project will consist of two subsea cables of 100 MW each, which will link Halul, situated 100km northeast of Doha, wit

about 13 years ago
CMA CGM MARCO POLO Calls at Terminal de France
Business & Finance

CMA CGM MARCO POLO Calls at Terminal de France

The CMA CGM Group announces that the CMA CGM MARCO POLO, the world’s largest containership, calls today, Wednesday 19th December, at the Terminal de France in Le Havre, France. With the presence on board of Mr. Nicolas Sartini, CMA CGM Group Senior Vice President Asia-Europe Lines, and of Ludovic Gé

about 13 years ago
Wärtsilä Designs New Subsea 7 Diving Support Vessel
Business & Finance

Wärtsilä Designs New Subsea 7 Diving Support Vessel

Wärtsilä, the marine industry’s leading solutions and services provider, has signed a contract for the design of a new diving support vessel (DSV) to be built for Subsea 7, the seabed-to-surface engineering, construction, and services contractor to the offshore energy industry. The brand new VS 4725

about 13 years ago
Wartsila Designing Diving Support Vessel for Subsea 7
Business & Finance

Wartsila Designing Diving Support Vessel for Subsea 7

Finland’s Wärtsilä, the marine industry’s leading solutions and services provider, has signed a contract for the design of a new diving support vessel (DSV) to be built for Subsea 7, the seabed-to-surface engineering, construction, and services contractor to the offshore energy industry. The brand n

about 13 years ago
BP to Sell Its 34.3 Pct Interest in Yacheng Field (China)
Business & Finance

BP to Sell Its 34.3 Pct Interest in Yacheng Field (China)

BP today announced that it has agreed the sale of its 34.3 per cent interest in the Yacheng gas field in the South China Sea to Kuwait Foreign Petroleum Exploration Company (KUFPEC) for $308 million cash. Subject to regulatory, CNOOC and third party approvals, BP expects the deal to close in the sec

about 13 years ago
COSCO: Semi-Submersible Rig Contract Becomes Effective (China)
Business & Finance

COSCO: Semi-Submersible Rig Contract Becomes Effective (China)

The Board of Directors of COSCO Corporation (Singapore) Limited announced today, Dec. 19th, that the contract for one Harsh Environment Semi-Submersible Accommodation Rig, signed by COSCO Qidong Offshore Co., Ltd, a subsidiary of the Company’s 51% owned subsidiary, COSCO Shipyard Group Co., Ltd with

about 13 years ago
IEV Malaysia Receives LOA for Deepwater Installation Project
Business & Finance

IEV Malaysia Receives LOA for Deepwater Installation Project

IEV Malaysia has received a Letter of Award (“LOA”) for a major transportation and installation project by an established oil and gas operator (“O&G Operator”) for a deepwater facility in the South East Asian region. “As the LOA is subject to a formal contract to be signed between the various partie

about 13 years ago
Goldenport Holdings Sells Container Vessel ‘Bosporus’ (Greece)
Business & Finance

Goldenport Holdings Sells Container Vessel ‘Bosporus’ (Greece)

Goldenport Holdings Inc. the international shipping company that owns and operates a fleet of container and dry bulk vessels announces that it has concluded the sale of the 1993-built container vessel ‘Bosporus’, to an unaffiliated third party “Liberty Resources Inc.” of Nassau, Bahamas, for a cash

about 13 years ago
Eastern Shipbuilding Launches Harvey Deep‐Sea Vessel for Harvey Gulf, USA
Business & Finance

Eastern Shipbuilding Launches Harvey Deep‐Sea Vessel for Harvey Gulf, USA

Eastern Shipbuilding Group, Inc. announces the launch of the HARVEY DEEP‐SEA, the fourth of its Tiger Shark Class Offshore Support Vessels being constructed for Harvey Gulf International Marine, LLC of New Orleans, LA. The HARVEY DEEP‐SEA was launched on Wednesday December 12th, 2012 after successfu

about 13 years ago
USA: Eastern Shipbuilding Launches New OSV for Harvey Gulf
Business & Finance

USA: Eastern Shipbuilding Launches New OSV for Harvey Gulf

Eastern Shipbuilding Group, Inc. has launched the HARVEY DEEP‐SEA, the fourth of its Tiger Shark Class Offshore Support Vessels being constructed for Harvey Gulf International Marine, LLC of New Orleans, LA. The HARVEY DEEP‐SEA is Eastern’s second Construction Vessel (LCV) for Harvey Gulf. Eastern S

about 13 years ago
Accommodation Rig Contract Between Cosco and Axis Offshore Now Effective
Business & Finance

Accommodation Rig Contract Between Cosco and Axis Offshore Now Effective

The contract for delivery of one Harsh Environment Semi-Submersible Accommodation Rig, signed in September by COSCO Qidong Offshore Co., Ltd, with Axis Offshore, has been made effective at a value of over US$200 million. The new accommodation vessel is ordered by Axis Offshore to target the strong d

about 13 years ago
Pacific Drilling Extends Option for Eighth Drillship
Business & Finance

Pacific Drilling Extends Option for Eighth Drillship

Pacific Drilling S.A. announced yesterday that it has reached an agreement with Samsung Heavy Industries to extend an option to construct an eighth ultra-deepwater drillship until January 18, 2013, on the same commercial terms, including delivery scheduled for the first quarter of 2015. Pacific Dril

about 13 years ago
Jan De Nul Orders Cable Turntable for Northwind Project Offshore Belgium
Business & Finance

Jan De Nul Orders Cable Turntable for Northwind Project Offshore Belgium

Jan De Nul Group awarded a contract for supply of 5,400 tonnes capacity cable turntable to offshore handling systems specialist Caley Ocean Systems. The turntable, including a 5 tonnes and 10 tonnes deck tensioner, is destined for the vessel Willem de Vlamingh. In addition to this turntable, Caley i

about 13 years ago
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