Hunting for higher returns, pension funds are acquiring stakes in wind power projects, reports Reuters. Namely, these projects were dubbed too risky by banks and other investors. DONG Energy’s acting deputy CEO for wind power Morten Buchgreitz said: “I hope this will be a model that catches on becau
Hunting for higher returns, pension funds are acquiring stakes in wind power projects, reports Reuters. Namely, these projects were dubbed too risky by banks and other investors. DONG Energy’s acting deputy CEO for wind power Morten Buchgreitz said: “I hope this will be a model that catches on becau
Teekay Shipping Australia Pty Ltd. (Teekay) and KOTUG International B.V. The Netherlands (KOTUG) today announced the establishment of a new Joint Venture (JV) company, called KT Maritime Services Australia Pty Ltd, to pursue new business opportunities in the Australian towage market. “We believe the
Following his promotion yesterday from captain to rear admiral, Gerd Glang was named as director of the NOAA Office of Coast Survey and the nation’s chief hydrographer, responsible for mapping and charting of all United States coastal waters. The U.S. Senate has confirmed his nomination by President
University of Delaware researchers have discovered that a shipwreck near the coast of Cape Henlopen is a 215-footlong sailing vessel destroyed by a hurricane more than a century ago. Scientific surveys and historical records indicate that the wreck is the W.R. Grace, a three-masted ship that ran agr
Veson Nautical announced IMOS7, the company’s latest version of its Integrated Maritime Operations System. This marks a major improvement from v6. The new version delivers client-driven features designed to meet today’s top business priorities and prepare for tomorrow’s working environment. Upgradin
Norskan / DOF Subsea Brazil have agreed with Petrobras a 2 year extension for Skandi Chieftain from 3 quarter 2012. Skandi Chieftain is a RSV with ROVs and various deck mounted subsea equipment. Skandi Chieftain has been working for Petrobras since 2009. DOF Subsea AS has also entered into a contrac
ConocoPhillips Skandinavia AS (CoPSAS) has received consent to carry out manned underwater operations in connection with installation of the Ekofisk 2/4 VB facility. The consent for manned underwater operations covers work in connection with the 2/4 VB SSWI project, where CoPSAS is installing a new
Norskan / DOF Subsea Brazil have agreed with Petrobras a 2 year extension for Skandi Chieftain RSV. The contract will commence in 3Q 2012. Skandi Chieftain, equipped with Kongsberg Simrad DP1 dynamic positioning system, is a ROV Support Vessel with ROVs and various deck mounted subsea equipment. The
DOF Subsea AS has entered into a contract with Helix Well Ops for the vessel Skandi Constructor. The contract is 3 year firm with 3×1 year options. The contract will commence in 2 q 2013. Skandi Constructor is owned by DOF Subsea and is a well intervention vessel of Ulstein SX 121 design built in [&
The OE2012 conference which runs parallel to the Offshore Energy exhibition on 23 & 24 October in the Amsterdam RAI features an international faculty of expert speakers. They will offer perspectives on new North Sea oil and gas discoveries, challenging hydrocarbons and future offshore vessel concept
ABS, the leading provider of classification services to the global offshore industry, has provided certification services for the design, fabrication and installation for the first WindFloat facility. The WindFloat Aguçadoura unit is a 2 MW floating wind turbine moored in slightly less than 50 m wat
Odyssey Marine Exploration, Inc., pioneers in the field of deep-ocean exploration, provided an operational update relating to the activities of the three ships which are currently engaged in Odyssey projects. The chartered vessel working on the SS Gairsoppa project, the Seabed Worker, will make a sc
The Italian-American Consortium, TITAN/Micoperi, presented the detailed engineering and design plan for the removal of the wreck Costa Concordia to representatives from Osservatorio during a regularly scheduled meeting on Monday. The presentation confirmed the previously presented and shared phases
