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Business & Finance

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Aibel Builds New Office Building in Norway
Business & Finance

Aibel Builds New Office Building in Norway

Aibel is to build a new office building at Kokstad with space for more than 1000 people. Aibel’s new office building will be completed Q4 2014, and will have a total of 1000 office spaces on 17,000 square metres and four floors. The address of the building will be Kokstadveien 23, which gives it a [

about 14 years ago
UK: Stork Wins OCA Challenge Award for Innovation 2012
Business & Finance

UK: Stork Wins OCA Challenge Award for Innovation 2012

Stork Technical Services won the ‘Innovation’ accolade at the OCA (Offshore Contractors Association) Challenge Awards for its industry-first hot bolt clamp technology. The Challenge Award for Innovation 2012 honours those who have contributed to business success through innovative practices, product

about 14 years ago
Norway: Five-Year Contract for Fred. Olsen Energy’s New Rig
Business & Finance

Norway: Five-Year Contract for Fred. Olsen Energy’s New Rig

Dolphin Drilling Ltd., a subsidiary of Fred. Olsen Energy ASA, has entered into a contract with an undisclosed client, for the provision of the new build Moss Maritime CS 60 E design semi-submersible under construction by Hyundai Heavy Industries (HHI), which is to be named Bollsta Dolphin. The five

about 14 years ago
Ithaca Offered Two New Traditional Licenses (UK)
Business & Finance

Ithaca Offered Two New Traditional Licenses (UK)

Ithaca Energy Inc. announced its success in the UK’s 27th Offshore Licensing Round, with the Company being offered, as Operator, two new traditional licenses. Block 29/5d is a joint venture between Ithaca (Operator, 54.66 %), Dyas UK Ltd (25.34%) and Petrofac Energy Developments UK Ltd (20%). The Bl

about 14 years ago
Maersk Line Wins Global Ocean Carrier of the Year Award (UK)
Business & Finance

Maersk Line Wins Global Ocean Carrier of the Year Award (UK)

Maersk Line was the ‘clear winner’ for the Global Ocean Carrier of the Year at the Containerisation International 2012 Awards on 18 October in London. The judges were an independent panel of high profile individuals from across the maritime industry, and when announcing the award they said: “A clear

about 14 years ago
Hydrasun Awarded Contracts from BP in Angola, Gulf of Mexico and Azerbaijan
Business & Finance

Hydrasun Awarded Contracts from BP in Angola, Gulf of Mexico and Azerbaijan

Hydrasun, a leading specialist provider of integrated fluid transfer, power and control solutions to the global energy market, has secured contracts in Angola, the Gulf of Mexico and in Azerbaijan, with major oil and gas operator BP. The combined value of the three contracts is anticipated to run to

about 14 years ago
Norway: Siem Offshore Enters Charter Agreement for Its MRSV
Business & Finance

Norway: Siem Offshore Enters Charter Agreement for Its MRSV

Siem Offshore and Stork Technical Services (RBG) Ltd. have entered into a charter agreement for one of Siem Offshore’s 2009-built Multi Role Service Vessel’s of MT 6017 Mk II design. The agreement is made at market terms and is for a firm period of two years from second quarter 2013, with two one-ye

about 14 years ago
Italy: Novacavi Satisfied with 7Km One Single Length ROV Fiber Optic Hybrid Cable
Business & Finance

Italy: Novacavi Satisfied with 7Km One Single Length ROV Fiber Optic Hybrid Cable

Novacavi announces great satisfaction in production and use of a new bespoke 7Km one single length ROV F.O. hybrid cable. It is a unique customized composed neutrally buoyant cable made with special electric cables laid up together with fiber optic. It is a load-bearing cable with 7000Kg breaking st

about 14 years ago
WOC Announces Second Sustainable Ocean Summit (USA)
Business & Finance

WOC Announces Second Sustainable Ocean Summit (USA)

Sam Walker, Group Marine Science Expert for BP International and Chairman of the 2013 Sustainable Ocean Summit (SOS) organizing committee, announced that this event will take place in Washington DC on 22-24 April. The SOS 2013 follows on from the highly successful inaugural SOS convened by the World

about 14 years ago
Meizhou Bay Port Berth Project Launched (China)
Business & Finance

Meizhou Bay Port Berth Project Launched (China)

Recently, 3#-6# berth project in Putou operation zone of Xiuyu of Meizhou Bay Port in Fujian Province, undertaken by CCCC Third Harbor Engineering Co., Ltd., has been launched. The project involves three 40000t and one 20000t general berths. Main works include the hydraulic structure of the terminal

about 14 years ago
Siem Offshore, Stork Enter Charter Agreement (Norway)
Business & Finance

Siem Offshore, Stork Enter Charter Agreement (Norway)

Siem Offshore and Stork Technical Services (RBG) Ltd. have entered into a charter agreement for one of Siem Offshore’s 2009-built Multi Role Service Vessel’s of MT 6017 Mk II design. The agreement is made at market terms and is for a firm period of two years from second quarter 2013, with two one-ye

about 14 years ago
New Contract for DOF’s PSV ‘Skandi Yare’ in Brazil
Business & Finance

New Contract for DOF’s PSV ‘Skandi Yare’ in Brazil

DOF’s subsidiary, Norskan, has agreed a contract renewal for the vessel Skandi Yare with Petrobras. The new contract will start in November and has aduration of two years. Total value is approx NOK 110 million. Skandi Yare is a PSV, UT 755, built in 2001. With a multi-national workforce in excess of

about 14 years ago
DOF, Petrobras Agree PSV Contract Extension (Brazil)
Business & Finance

DOF, Petrobras Agree PSV Contract Extension (Brazil)

DOF’s subsidiary, Norskan, has agreed a contract renewal for the vessel Skandi Yare with Petrobras. The new contract will start in November and has a duration of two years. Total value is approx NOK 110 million. Skandi Yare is a PSV, UT 755, built in 2001. [mappress] Press Release, October 29, 2012

about 14 years ago
New Zealand: Rena Owners Fined
Business & Finance

New Zealand: Rena Owners Fined

Maritime New Zealand (MNZ) has welcomed the guilty plea by Daina Shipping Co., the registered owners of the Rena, to a charge under the Resource Management Act relating to the discharge of harmful substances following the grounding of the ship in October 2011. Daina Shipping was today fined $300,000

about 14 years ago
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