Viktor Lenac has recently completed a major conversion contract involving the Heavy Lift Construction vessel Samson, owned by CVI Global Lux Oil and Gas 4 S.A.R.L., which has had a pipe-laying capability installed. Sampson has been converted from an offshore gas and oil field installation vessel, bu
Norwegian seismic survey specialist Petroleum Geo-Services (PGS) has signed charter agreements with the Faroe Islands-based PF THOR for four new seismic support vessels to assist its seismic operations worldwide. According to the press release issued by PGS, the vessels will be built at Besiktas in
After nearly three years of development work, BIMCO has released the industry’s first standard pooling agreement for use by tramp pools operating in dry and liquid bulk trades primarily on a COA or spot basis. The POOLCON agreement is designed to provide users with a comprehensive and clearly worded
OceanWorks International has again been authorized by the U.S. Navy’s Naval Sea Systems Command (NAVSEA) Note 5000 to perform Deep Submergence Systems Scope of Certification (DSS SOC) work in support of designated submarine rescue and intervention systems. The authorization is a renewal of the exist
MODEC announced today that Petróleo Brasileiro S.A. (“Petrobras”), through its subsidiary Tupi B.V., on behalf of Consortium BM-S-11, has signed a Letter of Intent (LoI) for the supply, charter, and operations of a Floating, Production, Storage, and Offloading (FPSO) vessel for the BM-S-11 block (Lu
Shipowner Fukushima Kisen based in Iwaki on the east coast of Japan has commissioned the first Voith Water Tractor (VWT) with a fully electronic control system (ECS). On the ECS version, the hydraulic unit is no longer separate but is installed on the rotor casing foundation of the Voith Schneider P
The remnants of Hurricane Sandy played a big part in the discussions of the Project Ojibwa Engineering Team at their meeting in Hamilton on November 7. The wet and windy weather played havoc with several aspects of the preparation for the move and offload of HMCS Ojibwa, Canada’s last Oberon class C
Technip was awarded by Total E&P Angola an engineering, procurement, construction and commissioning (EPIC) contract for the second phase of the Girassol Resources Initiatives (GirRI) development project. The field is located 210 kilometers offshore Angola, at a water depth of 1,300 meters. The contr
MODEC announced today that Brazil’s oil company Petrobras has signed a Letter of Intent (LoI) for the supply, charter, and operations of a Floating, Production, Storage, and Offloading (FPSO) vessel for the BM-S-11 block (Lula – Iracema Area) Block in the giant “pre-salt” region of the Santos Basin
Mitsui O.S.K. Lines, Ltd. today announced that the company has acquired Competence Management System (CMS) certification in the LNG Carrier category from Oslo-based Det Norske Veritas (DNV) for its independently developed “MOL RankSTEP”, adopted in 2007, which also complies with Society of Internati
BP announced that it has awarded the first contracts for Project 20K™, a multi-year initiative to develop next-generation systems and tools to help unlock the next frontier of deepwater oil and gas resources, currently beyond the reach of today’s technology. The initial contracts will go to KBR and
Technip was awarded by Total E&P Angola an engineering, procurement, construction and commissioning (EPIC) contract for the second phase of the Girassol Resources Initiatives (GirRI) development project. The field is located 210 kilometers offshore Angola, at a water depth of 1,300 meters. The contr
BP announced today it has awarded the first contracts for Project 20K™, a multi-year initiative to develop next-generation systems and tools to help unlock the next frontier of deepwater oil and gas resources, currently beyond the reach of today’s technology. The initial contracts will go to KBR and
Damen Shipyards Group and Wilson Sons (Brazil) have signed a contract for ten Damen ASD Tugs 2411 and two ASD Tugs of the new 3212-type, destined for the booming Brazilian market. The vessels will be built at the Wilson Sons shipyard in Guarujá, São Paulo and will go into service for Wilson Sons sub
