Sealing its position as a leading supplier of specialist offshore engineering solutions, Aquaterra Energy has opened a new office in the heart of the UK Oil and Gas industry, Aberdeen. Located on Albyn Terrace in Aberdeen’s West End, the Aquaterra Energy Aberdeen team comprises specialist Analysts a
ABB, the leading power and automation technology group, has agreed to acquire Amarcon BV, a Dutch company that develops and markets software solutions for the shipping industry. The acquisition will expand ABB’s advisory systems offering for customers in the maritime sectors. The transaction is expe
Diamond Offshore Drilling, Inc. reported net income for the second quarter of 2012 of $201.5 million, or $1.45 per share on a diluted basis, compared with net income of $266.6 million, or $1.92 per share on a diluted basis, in the same period a year earlier. Revenues in the second quarter of 2012 we
GAC Shipping UK has completed the successful installation of the Conwy platform 40 miles off the port of Liverpool, only two months after a tug carrying the rig’s jacket and topside – each weighing in at over 700 MT – set off from Rotterdam. GAC’s Liverpool office was appointed by Dutch heavy civil
Three ULSTEIN developed designs were appointed as nominees for innovation awards in 2012, the ULSTEIN Windlifter, the Northern Light Drill Tower and the Polarcus Amani. The ULSTEIN Windlifter, developed by Dutch companies Ulstein Idea Equipment Solutions and Ulstein Sea of Solutions, is a turbine in
Three ULSTEIN developed designs were appointed as nominees for innovation awards in 2012, the ULSTEIN Windlifter, the Northern Light Drill Tower and the Polarcus Amani. The ULSTEIN Windlifter, developed by Dutch companies Ulstein Idea Equipment Solutions and Ulstein Sea of Solutions, is a turbine in
Three ULSTEIN developed designs were appointed as nominees for innovation awards in 2012, the ULSTEIN Windlifter, the Northern Light Drill Tower and the Polarcus Amani. The ULSTEIN Windlifter, developed by Dutch companies Ulstein Idea Equipment Solutions and Ulstein Sea of Solutions, is a turbine in
Siemens has announced that Tronic, a Siemens subsea business based in Ulverston will create 70 new roles at its Subsea Excellence Centre in Cumbria. This represents the biggest intake of employees and apprentices ever for the business. Tronic, a Siemens subsea business is recognised as a world leade
Fairstar Heavy Transport N.V. (“Fairstar”) confirms that on 3 May 2011 Fairstar had entered into a Shipbuilding Contract with a face value of USD 110 million with China Shipbuilding Trading Company Limited (“CSTC”) and Guangzhou Shipyard International Company Limited (“GSI”) concerning the acquisiti
The sleek looks of the Sea Axe 6711 at the Monaco Yacht Show will demonstrate that superyacht support vessels don’t have to look ugly to get the job done. Dutch superyacht builder Amels will be displaying the SEA AXE 6711, a 67-metre Fast Yacht Support vessel. The sleek, axe-bowed vessel was constru
Fairstar Heavy Transport N.V. (“Fairstar”) confirms that on 3 May 2011 Fairstar had entered into a Shipbuilding Contract with a face value of USD 110 million with China Shipbuilding Trading Company Limited (“CSTC”) and Guangzhou Shipyard International Company Limited (“GSI”) concerning the acquisiti
According to BusinessWeek, Temasek Holdings Pte and China Investment Corp. agreed to invest in Global Telecommunications Infrastructure Trust’s initial public offering in Singapore. The undersea cable unit of Reliance Communications Ltd., GTI Trust (GTI), is selling $250 million to $300 million of s
Wilhelmsen Ships Service (WSS) is helping clients execute voyages through the Northern Sea Route (NSR) as this new trade lane begins to open up new opportunities for shipping. WSS is working with Russian Arctic shipping specialist Rosatomflot for ice-breaking assistance and has developed a programme
Aker Solutions has won a contract to deliver a deepwater drilling riser system to Atwood Oceanics, the drilling operator. The contract value is undisclosed. The deepwater drilling riser system will be manufactured and delivered from Aker Solutions’ manufacturing plant in Port Klang, Malaysia. “We ar
