The international oil services provider Aker Solutions has signed a frame agreement with Shell for the delivery of subsea umbilicals and cables globally. The size of the frame agreement is dependent on call-offs and the number of projects that Shell decides to execute. However, Aker Solutions estima
STX France Solutions, subsidiary of STX France, specialized in the Offshore Oil & Gas and Marine Renewable Energy Engineering – has just joined the privileged club of certified specialists of the offshore wind foundations market. The innovative jacket design launched by its R&D team has received the
Aberdeen-based oilfield services firm, Coretrax, has moved to a new purpose built HQ with an investment of £2.4million into the office and workshop space. Formed in 2008, the company had outgrown its previous offices in Altens, Aberdeen. The firm moved last month to accommodate its range of wellbore
Wave energy developer, Carnegie Wave Energy Limited, announced that it has secured environmental and maritime safety approvals for its Perth Wave Energy Project (PWEP). Over the last two years, Carnegie has undertaken extensive environmental impact assessment of all elements of the PWEP using a comb
Sovcomflot (SCF Group) announced that it has signed a new USD 700 million seven year credit facility with a consortium of eight leading international banks, including Citibank, N.A., Bank of America Merrill Lynch N.A., BNP Paribas S.A., DVB Bank SE, ING Bank N.V., Nordea Bank Norge ASA and Skandinav
P&O Maritime have been awarded a ten year contract for a new build condensate tanker to support the Stanley field development located in PRL4 in Papua New Guinea. The PRL4 licencees are Horizon Oil (Papua) Limited (Operator), Talisman Energy Niugini Limited and Diamond Gas Niugini B.V. P&O Maritime
Aberdeen Harbour Board has submitted a Directions for Growth document to the National Planning Framework, in response to its call for candidate developments. The document outlines the findings from an ongoing feasibility study, which was launched in September to assess the viability of potential exp
On Wednesday, the U.S. Environmental Protection Agency will hold a community meeting to discuss the final results of its radiological investigation at the Santa Susana Field Laboratory (SSFL). EPA has officially completed its field work and has collected a total of 3,735 soil and sediment samples an
In order to help employers ensure compliance with the ILO Maritime Labour Convention (MLC), which will enter into force in August 2013, the International Shipping Federation (ISF) has published new and comprehensive Guidelines on the Application of the ILO MLC. The new ISF Guide takes ship operators
The Freudenberg Group, headquartered in Weinheim, Germany, and the private equity firm HitecVision, headquartered in Stavanger, Norway, have signed a Share Purchase Agreement for 100 percent of the outstanding shares of Vector Technology Group, a major global supplier of high integrity sealing solut
In his fourth State-of-the-Port Address since taking the helm of the state’s public port system in 2009, the leader of the South Carolina Ports Authority (SCPA) highlighted business growth and major progress on key initiatives such as Charleston’s harbor deepening project and the inland port during
U.S. flagged shipper Totem Ocean Trailer Express (TOTE) has released plans to operate some of the largest liquefied natural gas (LNG)-fueled vessels in the world on various routes in North America. On Jan. 22, TOTE will be discussing both their Orca-class conversion project as well as their new cont
DOCKWISE Ltd. today announces that it has been awarded 6 new contracts, letters of intent and contract extensions with a total value of almost USD 60 million. The contracts include a material change order for a Vanguard contract delivering the customer a later loading window and 5 shorter term contr
DP World this week welcomed U.S. Undersecretary of Commerce for International Trade, Francisco Sanchez, to its Dubai headquarters and flagship Jebel Ali port. Mr. Sanchez met with the DP World Chairman, HE Sultan Ahmed Bin Sulayem and Vice Chairman, HE Jamal Majid Bin Thaniah and was given the backg
