Munich Re has become the first insurance group to offer serial loss cover for offshore wind energy units. Corresponding cover for a North Sea wind farm has been signed by Marcus A. Wassenberg, Chief Financial Officer of manufacturer REpower, Dr. Thomas Blunck, member of Munich Re’s Board of Manageme
Viking Ocean Cruises, sister company of Viking River Cruises, the world’s leading river cruise line, and Fincantieri, world leader in cruise shipbuilding, today announced the signature of a Memorandum of Agreement for the construction of two more ocean cruise ships with an option for another two. Th
DOF Subsea Group has been awarded a contract in Gulf of Mexico for survey and pipelay support for Saipem America. The total contract value is approximately USD 17 million and work will commence in 2nd quarter 2013. [mappress] Press Release, December 04, 2012
Shipowner Polarcus has received the world’s first-ever DNV Level 1 Triple-E™ rating, a voluntary environmental rating scheme for ships, where 1 is the highest. All eight vessels in the Polarcus fleet are designed by ULSTEIN. The rating is based on a verification of a ship’s actual energy efficiency
One of the leading Vietnamese companies, PetroVietnam, accused Chinese fishing boats of cutting the subsea cable that the seismic survey ship positioned in the South China Sea, Maritime-Executive reports. The vessel Binh Minh 2 positioned the cable off the coast of central Vietnam last Friday, after
Saipem America contract award for DOF Subsea Group in Gulf of Mexico. DOF Subsea Group has been awarded a contract in Gulf of Mexico for survey and pipelay support for Saipem America. The total contract value is approximately USD 17 million and work will commence in 2nd quarter 2013. [mappress] Dece
Deep Down, Inc. (“Deep Down”), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services announced that it has received orders in excess of $2.4 million from two international customers for the provision of subsea hardware
Langlee Wave Power announces the establishment of its Spanish subsidiary Langlee Wave Power S.L.U. It was established as a ZEC company in Las Palmas in 2012, with the purpose to move all the R&D activities of the Norwegian company to the island. Currently, it is employing one Canarian engineer and t
Keppel FELS has delivered Primus, a KFELS B Class jackup rig, to offshore Mexican oil field services company, Integradora de Servicios Petroleros Oro Negro (Oro Negro), seven days early and with a perfect safety record. Named earlier today at Keppel FELS, Primus was officially delivered on 16 Novemb
Wintershall announces an oil discovery in exploration licence F17a in the Dutch North Sea about 120 kilometers north of Den Helder. Exploration well F17-10 found a Late Cretaceous Chalk reservoir of good quality containing crude oil. Oil was produced during a production test. The well was spudded on
International oilfield services company, Expro, is opening a new facility in Aberdeen to enhance its growing well intervention business, following a strong annual global revenue increase to more than $1billion (£630 million). The site, in Howe Moss Avenue Dyce, will house Expro’s wireline, well inte
International oilfield services company, Expro, is opening a new facility in Aberdeen to enhance its growing well intervention business, following a strong annual global revenue increase to more than $1billion (£630 million). The site, in Howe Moss Avenue Dyce, will house Expro’s wireline, well inte
The Chinese dredger “Jie Long” has been redesigned by Damen Dredging Equipment to adapt it to cutter dredging at the important depth of -50 m. This deep dredging is required for its contribution to the infrastructural works of the Macau-Hong Kong-Zhu Hai transport link. Damen not only engineered and
Fastnet Oil & Gas plc, an independent oil and gas exploration company, announced plans to conduct the biggest ever 3D seismic survey in the Celtic Sea, Independent.ie reports. The cost of the survey would be over EUR 20 million (26.1 mln USD), and the company will seek partners to jointly fund the s
