IHC Beaver Dredgers has delivered another Delta Multi Craft (DMC) 1200 workboat to Subsea7. The workboat will be used in combination with a new IHC Beaver 1200 cutter dredger and set to work in Western Africa. It was supplied from stock to ensure a minimum lead time, and the workboat and dredger hav
SBM Offshore announces consolidated revenues up almost 13% for the nine months to 30 September 2012. Since the start of the third quarter, the Company secured financing for two large scale FPSOs for a total of over US$ 1.5 billion. The Company is also pleased to announce the sale of GustoMSC, a non-
Seakeeper has secured a 3-year exclusive supply agreement for its gyro stabilization systems with OCEA, for use on aluminum crew boats. The first gyros are being installed on 20 oil platform support 18m vessels, for an order OCEA recently received from PROMAR Shipping Services. Gyro-stabilized craft
NOAA and the Coastal Response Research Center (CRRC) at the University of New Hampshire announced research funding for three projects aimed at better understanding the impact of dispersed oil and chemical dispersants used during oil spills. NOAA is awarding these grants using supplemental research f
VOSTA LMG announced that effective on the 12th of November a conditional sale and purchase agreement of VOSTA LMG Group of Companies and CFT International GmbH by a company of ASL Marine Group has been agreed upon. VOSTA LMG’s business is complementary to the Group’s current business segments of shi
At its Board of Directors meeting held yesterday in Houston, Waterways Council, Inc.’s Board of Directors unanimously endorsed the American Waterworks Act, proposed in late October by Senator Lamar Alexander (R-TN) and Senator Lindsey Graham (R-SC) to modernize America’s inland waterways and ports.
U.S. Sen. David Vitter (R-La.) emphasized the need to include reforms to the U.S. Army Corps of Engineers in the next Water Resources Development Act (WRDA). Sens. Vitter and Jim Inhofe (R-Okla.) along with all Republicans on the Senate Environment and Public Works Committee wrote to Chairman Barbar
A report by shipping analyst Alphaliner (Vol. 2012, Issue 46) reveals Maersk Line as the shipper with most vessels idled, currently 14 units with an aggregate capacity of 94,000 TEU. This development spearheads a recent surge in idling across the industry. “The idle containership fleet of above 500
Swiber Holdings Limited, an integrated construction and support services provider to the offshore oil and gas industry today reported a 14.0% increase in net profit to US$46.0 million for the nine months ended September 30, 2012 (“9M2012”), in tandem with a 47.0% surge in revenue to US$689.3 million
Technip was awarded by Shell Global Solutions (Malaysia) Sdn Bhd a framework agreement for offshore facilities in a region covering Asia, Australia, and New Zealand (“East region”). The contract is for a period of five years, with an additional five-year extension option. The contract concerns engin
Ackermans & van Haaren has announced the third quarter results for 2012. Marine Engineering & Infrastructure DEME DEME (AvH 50%) realized a third quarter in line with expectations. Due to a delay in the start-up of the major Wheatstone and New Doha Port sites, they will only contribute to the result
Subsea 7 S.A. today announced the award of a subsea, umbilical, riser and flowline (SURF) contract valued at approximately $800 million from Total E&P Norge AS for the development of the gas field Martin Linge, located 180 km west of Bergen in the North Sea. The contract comprises engineering, procu
Subsea 7 S.A. today announced the award of a subsea, umbilical, riser and flowline (SURF) contract valued at approximately $800 million from Total E&P Norge AS for the development of the gas field Martin Linge, located 180 km west of Bergen in the North Sea. The contract comprises engineering, procu
Fastnet Oil & Gas plc announced that it has been notified by the Petroleum Affairs Division of the Irish Department of Communications, Energy and Natural Resources that it has been awarded a licensing option of part blocks 49/7, 49/8, 49/9, 49/12 and 49/13 in the North Celtic Sea, offshore Ireland.
