Aker Solutions has been awarded a contract by Daewoo Shipbuilding & Marine Engineering (DSME) for the delivery of a deepwater drilling riser system to the DSME shipyard in South Korea. The 10 000 ft deepwater drilling CLIP riser system will be manufactured and delivered out of Aker Solutions’ manufa
Wallenius Wilhelmsen Logistics optimizes a third vessel in its fleet to save on fuel costs and reduce environmental emissions. A Wilhelmsen strategic partner in achieving these goals is 2012 Orcelle Award winner Nonox Ltd., the manufacturer of patented water-in-oil emulsion fuel systems which for th
The Maine Department of Transportation is seeking a permit from the U.S. Army Corps of Engineers, New England District to conduct work in waters of the United States in conjunction with installing scour protection for bridges at six locations throughout the state. The Maine Department of Transportat
Cecon ASA and Development Canada Inc (EDC) have signed a Sales and Purchase Agreement to acquire the rights in the USD 200 million EDC financing received by Cecon ASA February 2009. The agreement covers the loan principal of USD 200.000.000 and all accrued unpaid interest up until execution of the a
Austal has appointed Graham Backhouse to the position of General Manager of its Henderson Shipyard Operations (HSO) in Australia. Austal’s Chief Executive Officer, Andrew Bellamy, said Mr Backhouse would bring considerable value to the operation, which is now focussed on the design and manufacture o
Great Lakes Dredge & Dock Corporation announces that its Board of Directors has declared a special dividend on its common stock. The Board approved a $0.25 per share special dividend, to be paid on December 28, 2012 to the shareholders of record of the Company at the close of business on December 21
The Regional Development Council (RDC) 12 has called the attention of concerned agencies to fast track implementation of infrastructure projects in a bid to promote further development in Soccsksargen region. RDC 12 chair and General Santos City mayor Darlene Antonino-Custodio said that delayed impl
Petroleum Safety Authority Norway (PSA) conducted a seminar on wellhead fatigue in a system perspective on 6 December 2012. The goal of the seminar was to increase general knowledge on issues related to wellhead fatigue for subsea facilities, as well as to share experiences in the industry. The main
Current competition is forcing the global offshore oil and gas industry to undergo a technological revolution in order to access a broader range of reserves, and Brazil is no exception to this, states a new report by energy experts GBI Research. The new report states that Floating Production Storage
Ship Finance International Limited, today announced that it has agreed with a subsidiary of Frontline Ltd. to terminate the charter parties for the two remaining 21-year old combination carriers Front Viewer and Front Guider. Frontline will make a net settlement payment to Ship Finance of approximat
NOF Energy, the business support organisation for oil, gas, nuclear and offshore renewables, has named OSBIT Power (OP) as the winner of its Innovation & Technology Award 2012. The award comes in recognition of OP’s development and commercial introduction of its MaXccess offshore access system, an i
Cable & Wireless Communications has become one of the founder members of a consortium to build a new submarine cable system that will increase access to fast broadband and pay TV in the Caribbean, Central and South America. The Pacific Caribbean Cable System (PCCS) will span 6,000km from Jacksonvill
J.J. Ugland Companies announced that the company has extended charter party for two shuttle tankers and chartered out Platform Supply Vessel (PSV) Evita for a period of 500 days. The Mattea charter party for offloading of offshore installations on the Grand Banks has been extended until November 201
An engineering firm has secured £2.28million to deliver new jobs for Harwich and respond to significant opportunities in the offshore wind sector. AJ Woods Engineering, which is based in the town, is to receive the money from the ‘Growing Places Fund’ following a successful bid to the South East Loc
