Oceanteam Shipping ASA (OTS) has concluded a refinancing of the two offshore construction vessels, CSV Bourbon Oceanteam 101 and CSV Southern Ocean, with SpareBank 1 SMN, DVB Bank SE and NIBC Bank N. V. The vessels are owned 50/50 with Bourbon Offshore Norway AS. “We are pleased with the refinancing
Oceanteam Shipping ASA (OTS) has concluded a refinancing of the two offshore construction vessels, CSV Bourbon Oceanteam 101 and CSV Southern Ocean, with SpareBank 1 SMN, DVB Bank SE and NIBC Bank N. V. The vessels are owned 50/50 with Bourbon Offshore Norway AS. “We are pleased with the refinancing
Cameron has elected James T. Hackett to the Company’s Board of Directors, effective August 2, 2012. Hackett, 58, is currently Executive Chairman of Anadarko Petroleum Corporation (NYSE:APC). Previously he served as Chairman, President and Chief Executive Officer during his nine year tenure at Anadar
MEO Australia Limited advises that Eni Australia Ltd (Eni) as operator of the NT/P68 exploration permit has confirmed that it will take over the ENSCO 109 drilling rig on 15th August and after an anticipated 4 day tow the rig expects to arrive at the Heron South-1 location on or around the 19th Augu
OTS and Bourbon Offshore Norway conclude a USD 147 million credit facility for the refinancing of two offshore construction vessels. Oceanteam Shipping ASA (OTS) has concluded a refinancing of the two offshore construction vessels, CSV Bourbon Oceanteam 101 and CSV Southern Ocean, with SpareBank 1 S
The National Shipping Company of Saudi Arabia (BAHRI) announces that its 80% owned subsidiary company The National Chemical Carriers Ltd. Co. (NCC) received on Friday, 3rd August 2012 in Korea a new chemical tanker named NCC NAJEM. The company received 45,000 tons tanker from SHINAsb (previously SLS
Following its sister vessel in 2009, the vessel Joseph Plateau was launched on 3 August at the Spanish shipyard Construcciones Navales de Norte in Sestao. This 191,5 m long vessel will be used for precise rock dumping to a depth of 2,000 m. The system for the unfolding of the fall pipe is extremely
Lockheed Martin Corp, the biggest supplier of information technology for Pentagon and the U.S. federal government, turns its focus on developing technology for the oil and gas industry, Reuters Reports. A 10-foot unmanned submarine that uses sonar and other technologies has been developed in a water
Following its sister vessel in 2009, the vessel Joseph Plateau was launched on Friday 3 August 2012 at the Spanish shipyard Construcciones Navales de Norte in Sestao. This 191,5 m long vessel will be used for precise rock dumping to a depth of 2,000 m. The system for the unfolding of the fall pipe i
Petrobras on Friday, August 3, signed contracts with Sete Brasil, Queiroz Galvão, Petroserv, Odebrecht, Odfjell and Seadrill for the chartering and operation of 12 floating drilling platforms to be built in Brazil with national content between 55 and 65%. After construction, the rigs will be charter
Amega West, a Carpenter Technology Corporation company, has been awarded a three-year contract with Petrobras America, a subsidiary of Petrobras, an integrated energy company that operates in 29 countries, on five continents. Amega West will supply Petrobras with non-magnetic collars, stabilizers, a
New projects with a total value of more than 500 million Euros were added to the order book of Jan De Nul Group during the past month. The assignment for Chevron for the installation of the Wheatstone pipeline at the west coast of Australia is the largest contract. Before installing the pipeline, tr
Following its sister vessel in 2009, the vessel Joseph Plateau was launched today at the Spanish shipyard Construcciones Navales de Norte in Sestao. This 191,5 m long vessel will be used for precise rock dumping to a depth of 2,000 m. The system for the unfolding of the fall pipe is extremely advanc
Ships enter and leave ports regularly. Tying up a ship when alongside a berth or another vessel is potentially a very hazardous operation, unless simple and effective safety procedures are followed. ‘Mooring Practice Safety Guidance for Offshore Vessels when Alongside in Ports and Harbours’, the lat