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Business & Finance

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Framo to Supply Subsea Pumps for Total E&P Angola
Business & Finance

Framo to Supply Subsea Pumps for Total E&P Angola

Framo Engineering, a Schlumberger company, today announced a $200-million contract from Total E&P Angola for the supply of a subsea multiphase pumping system for the Girassol Resources Initiatives (GirRI) Project. “This is our third contract to provide booster pump systems for Total E&P Angola’s Blo

about 14 years ago
Wartsila Wins BWMS Order for Four PSVs (UK)
Business & Finance

Wartsila Wins BWMS Order for Four PSVs (UK)

Wärtsilä has won a contract to supply ballast water management systems (BWMS) to four platform supply vessels (PSVs) for Tidewater Marine, L.L.C., one of the leading provider of offshore service vessels to the global energy industry. The scope of supply for the vessels, due for delivery from the COS

about 14 years ago
APM Terminals to Observe 6th Annual Safety Day (The Netherlands)
Business & Finance

APM Terminals to Observe 6th Annual Safety Day (The Netherlands)

The sixth annual APM Terminals “Safety Day” will be conducted today throughout the APM Terminals Global Terminal Network, with an emphasis upon the concept and practice of “intervention” as a proactive safety procedure to eliminate accidents for the company’s 25,000 employees worldwide. “Specialized

about 14 years ago
Aibel to Upgrade Gullfaks B (Norway)
Business & Finance

Aibel to Upgrade Gullfaks B (Norway)

The contract, which relates to upgrading the drilling system on Gullfaks B platform in the Norwegian sector of the North Sea, was yesterday signed by Statoil and Aibel representatives. “This is a major contract for Aibel which we are proud to be awarded in tough competition with other suppliers. We

about 14 years ago
Australia: Minister Tours West Swanson Dock
Business & Finance

Australia: Minister Tours West Swanson Dock

Minister for Ports Denis Napthine met with port operator DP World today, to inspect the company’s investment in new equipment that will assist in boosting capacity and productivity at their Port of Melbourne container terminal. Dr Napthine joined DP World Australia Managing Director Ganesh Raj at DP

about 14 years ago
Aker Solutions Expands Subsea Business in Malaysia
Business & Finance

Aker Solutions Expands Subsea Business in Malaysia

International oil services company Aker Solutions has expanded its subsea business by establishing a subsea lifecycle service base in Labuan, Malaysia. The objective is to support all installed and future shallow and deepwater projects within the Asia Pacific region. The new service base, which is l

about 14 years ago
IHC Merwede: Keel Laying for Pipelayer
Business & Finance

IHC Merwede: Keel Laying for Pipelayer

On Wednesday 22 August 2012 the keel-laying ceremony for the 550t pipelaying vessel for Subsea 7 took place at IHC Merwede’s yard in Krimpen aan den IJssel (The Netherlands). The keel laying was performed by Rien Smallegange , Subsea 7’s Deputy Project Manager. IHC Merwede’s contract with Subsea 7 i

about 14 years ago
Tamar Partners Sell Gas to Dorad Energy (Israel)
Business & Finance

Tamar Partners Sell Gas to Dorad Energy (Israel)

On October 15, 2012, Take-or-Pay agreement for the supply of natural gas over either 16 years or up until the contracted quantity has been utilized, was signed by the Tamar Partners with Dorad Energy Ltd. to supply up to a total approximate quantity of 11.2BCM. Dorad will have an option to extend th

about 14 years ago
Brazil: OSX Secures Additional Funding for Acu Shipbuilding
Business & Finance

Brazil: OSX Secures Additional Funding for Acu Shipbuilding

OSX Brasil S.A., a Brazilian publicly traded corporation, which provides solutions for the offshore oil industry by means of integrated operations in shipbuilding, leasing of exploration and production (E&P) units, announced today that the Board of the Merchant Marine Fund (FMM) has approved the pri

about 14 years ago
Finland: Steerprop Wins Passenger Ferry Propulsion System Contract
Business & Finance

Finland: Steerprop Wins Passenger Ferry Propulsion System Contract

Steerprop Ltd. has been contracted to deliver main propulsion system to a passenger ferry due to be built for Société des traversiers du Québec (STQ) by the Italian Fincantieri. The passenger ferry represents a new generation of passenger vessels for its future owner STQ in several ways. The vessel

about 14 years ago
IT Power and Fraunhofer Iwes Announce New Partnership (Ireland)
Business & Finance

IT Power and Fraunhofer Iwes Announce New Partnership (Ireland)

IT Power and the Fraunhofer Institute for Wind Energy and Energy System Technology IWES announce their new partnership to provide the marine energy sector with a comprehensive end-to-end technical design, consulting and R&D service offering. As the marine energy sector continues to evolve from early

about 14 years ago
Ocean Rig Orders 7th Generation UDW Drillship (South Korea)
Business & Finance

Ocean Rig Orders 7th Generation UDW Drillship (South Korea)

Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services, announced today that it has signed a contract to construct a 7th Generation Ultra Deepwater Drillship at Samsung Heavy Industries. This 7th Generation drillship is a sister ship to the three currently under construction a

about 14 years ago
South Korea: SHI to Build Another Drillship for Ocean Rig
Business & Finance

South Korea: SHI to Build Another Drillship for Ocean Rig

Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services, announced today that it has signed a contract to construct a 7th Generation Ultra Deepwater Drillship at Samsung Heavy Industries. This 7th Generation drillship is a sister ship to the three currently under construction a

about 14 years ago
UK: Atlantis Completes Narec Tidal Turbine Testing Programme
Business & Finance

UK: Atlantis Completes Narec Tidal Turbine Testing Programme

Atlantis Resources Corporation has completed the first ever tidal turbine testing programme at the National Renewable Energy Centre’s 3MW capacity, onshore, turbine drive train testing facility. In two weeks of full testing on its AR1000 turbine, the international marine energy developer has secured

about 14 years ago
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