Aker Solutions has been awarded a four-year frame agreement from Statoil for delivering wireline tractor services on the Norwegian continental shelf. The frame agreement is valid for four years from 2013 to 2017, with two additional two-year options (2+2). Aker Solutions will deliver well interventi
Doing enough to meet the legal requirements on environmental care is one thing – going further, on a voluntary basis, is quite another. This was the clear message at a recent Cruise Gateway North Sea Region event. The port and city of Gothenburg provided a green agenda and green inspiration for memb
According to akbizmag.com, the 50-foot dredging vessel, designed by Bremerton-based Art Anderson Associates, was recently delivered to Pacifica, a customer for gold dredging operations near Nome, Alaska. “This was a fun project in that we were able to learn quite a bit about the gold dredging busine
International energy consultancy Xodus Group, will partner with Promon, one of the foremost Brazilian engineering companies, to build on its subsea operations in the region. Promon is highly renowned for its engineering and project management expertise across a number of industries, and is looking t
Floatel International Ltd has successfully completed the issuance of USD 200 million in the Norwegian bond market, with maturity October 2017. The offering was oversubscribed. As previously announced, the proceeds from the bond issue will be used to refinance existing debt and to fund the Company’s
Anbaric, a U.S. transmission company involved in smart grids, subsea cabling, as well as renewables, is said to be considering buying a share in TenneT. Wirtschaftswoche magazine informed on Saturday about Anbaric’s plans to invest USD 4 billion in the German transmission operator. TenneT and German
A new backhoe dredger manufactured by IHC Merwede was named ALBERTO ALEMÁN ZUBIETA during a special ceremony at the shipyard of its cooperation partner, NMC, in Nieuw- Lekkerland, The Netherlands, on 28 September. IHC Merwede has built the vessel for Autoridad del Canal de Panama (ACP). The ceremony
Acteon Group Ltd today announces the acquisition of a majority interest in the company by an affiliate of Kohlberg Kravis Roberts & Co. L.P (together with its affiliates, “KKR”) from First Reserve, with management retaining a significant holding in the company. The executive management team will rem
Spectrum is continuing to implement its strategy for growth in the Multi Client Seismic market. As part of the company’s strategic growth plan Spectrum announces a strengthening of the Executive Management Team: Jørn Berle Christiansen has been appointed as Chief Technical Officer in Spectrum ASA Jø
Responds to increased ECA demand with launch of LSFO supply barge OW Bunker, one of the world’s leading suppliers and traders of marine fuel and lubricants, has announced that it will supply low sulphur 1% RMG 380cst fuel from Balboa, Panama from mid-October 2012. The move will serve to meet the gro
Electromagnetic Geoservices ASA (EMGS) announces that it has commenced a fully pre-funded multi-client survey in the West of Shetland area. The vessel Atlantic Guardian will acquire controlled-source electromagnetic (CSEM) and magnetotelluric (MT) data for a minimum of three weeks in an area where b
Eredene Capital PLC, the AIM quoted investor in Indian infrastructure, announces that Bay of Bengal Gateway Terminal Private Limited (“BoB”), has withdrawn from the Ennore Project with immediate effect. Eredene and its consortium partners, who are shareholders in BoB, were unanimous in their decisio
Höegh LNG has exercised an option for a fourth new floating storage and regasification unit (FSRU) to be built at Hyundai Heavy Industries Ltd. in South Korea. The vessel will be able to operate as a floating LNG import terminal, as well as an ordinary LNG carrier. The FSRU will be delivered in the
Sevan Marine ASA has announced that the tow of the FPSO “Voyageur Spirit” from the Nymo upgrade yard at Eydehavn, Arendal to the Huntington Field in the UK sector of the North Sea has now commenced. The “Voyageur Spirit” let go of the moorings at 07:50 hrs Sunday morning, September 30, and is estima
