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Business & Finance

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VolkerWessels to Install Cables for Meerwind Wind Farm (Germany)
Business & Finance

VolkerWessels to Install Cables for Meerwind Wind Farm (Germany)

VolkerWessels subsidiary Visser & Smit Marine Contracting (VSMC) has been awarded a contract with WindMW GmbH for the installation of cables for the Meerwind Offshore Wind Farm which is currently under construction in Germany. The award of the contract consolidates VSMC’s position as market leader i

about 14 years ago
Bergen Group Provides Yard Stay Services for Safe Scandinavia Rig (Norway)
Business & Finance

Bergen Group Provides Yard Stay Services for Safe Scandinavia Rig (Norway)

Bergen Group Hanøytangen is awarded contract for a short yard stay for the accommodation rig Safe Scandinavia in July this year. The contract value for Bergen Group Hanøytangen is estimated to NOK 8-10 million, and is based on an option agreement from earlier this year. Safe Scandinavia, which is op

about 14 years ago
COSCO Zhoushan Delivers Bulk Carrier “SUPERIOR” to Its European Buyer
Business & Finance

COSCO Zhoushan Delivers Bulk Carrier “SUPERIOR” to Its European Buyer

COSCO (Zhoushan) Shipyard Co., Ltd (COSCO Zhoushan), a subsidiary of the Company’s 51% owned COSCO Shipyard Group Co., Ltd, has completed delivery of a 57.000 DWT bulk carrier named “SUPERIOR” to its European buyer. The delivery documents were signed by and between COSCO Zhoushan and the buyer on 26

about 14 years ago
Fred. Olsen Production Inks Contract Extension for FPSO (Norway)
Business & Finance

Fred. Olsen Production Inks Contract Extension for FPSO (Norway)

Fred. Olsen Production and BW Offshore have signed a contract with Vaalco Energy for a five year extension for the lease and operation of the FPSO Petróleo Nautipa. The FPSO is owned 50% by Fred. Olsen Production and 50% by BW Offshore. The firm period has been extended to Q3 2020 (from Q3 2015), wi

about 14 years ago
UK: Aquamarine Power Appoints New Chairman and Director
Business & Finance

UK: Aquamarine Power Appoints New Chairman and Director

Wave energy developer Aquamarine Power has today named Paul Capell as its new chairman. He replaces Mervyn Jones who has served as the company’s chairman since 2007. An experienced CEO and chairman, Capell has worked extensively in the renewable energy, water, oil and gas sectors and has a 30 year t

about 14 years ago
Denmark: Vestas Dismisses Allegations Regarding Debt Restructuring Talks
Business & Finance

Denmark: Vestas Dismisses Allegations Regarding Debt Restructuring Talks

According to Reuters, the Danish wind turbine manufacturer Vestas dismissed the allegations that the company was considering putting itself up for sale and had entered debt restructuring talks with its lenders. The allegations were that the company’s banks had given it an “ultimatum”, demanding the

about 14 years ago
ATP Makes Gas Discovery in Levant Basin Offshore Israel
Business & Finance

ATP Makes Gas Discovery in Levant Basin Offshore Israel

ATP Oil & Gas Corporation today announced success at the Shimshon well in the Levant Basin of offshore Israel. The Shimshon well, located in a water depth of 3,622 feet is being drilled with the Ensco 5006 rig. The Shimshon well encountered more than 62 feet (19 meters) of natural gas pay in the Bet

about 14 years ago
Anadarko Enters JV Deal for Lucius Field Development (USA)
Business & Finance

Anadarko Enters JV Deal for Lucius Field Development (USA)

Anadarko Petroleum Corporation today announced it has signed a definitive agreement with an undisclosed party to enter into a joint-venture capital carry arrangement for Anadarko’s ownership in the Gulf of Mexico Lucius development project. Under the terms of the agreement, Anadarko will be carried

about 14 years ago
FPSO Petróleo Nautipa Stays with Vaalco for 5 More Years (Gabon)
Business & Finance

FPSO Petróleo Nautipa Stays with Vaalco for 5 More Years (Gabon)

Fred. Olsen Production and BW Offshore have signed a contract with Vaalco Energy for a five year extension for the lease and operation of the FPSO Petróleo Nautipa. The FPSO is owned 50% by Fred. Olsen Production and 50% by BW Offshore. The firm period has been extended to Q3 2020 (from Q3 2015), wi

about 14 years ago
Vroon Holds Naming Ceremony for VOS Shine (The Netherlands)
Business & Finance

Vroon Holds Naming Ceremony for VOS Shine (The Netherlands)

Vroon announced that the namegiving ceremony for VOS Shine took place on Thursday 28 June 2012, in Den Helder, the Netherlands. VOS Shine was christened by Mrs Gwen Klaphake, wife of Mr Rolf de Vries, Managing Director, Blue Stream Offshore B.V.. Blue Stream Offshore B.V. is the first charterer of t

about 14 years ago
Seamec Secures Vessel Charter Deal in Arabian Gulf
Business & Finance

Seamec Secures Vessel Charter Deal in Arabian Gulf

Seamec Ltd, India’s leading provider of diving support services, has entered into a Charter Party with Integrated Subsea Engineering & Services L.L.C, Sharjah, U.A.E. Under the agreement,the vessel SEAMEC III will be deployed in the Arabian Gulf for a period of 30 days with option for extension. The

about 14 years ago
India: Maersk Supply Service Launches New Seafaring Programme
Business & Finance

India: Maersk Supply Service Launches New Seafaring Programme

Twenty-five eager young seafarers will have the opportunity to acquire maritime skills and develop their potential through Maersk Supply Service’s new seafaring programme for Angolans, which launches this week. In a first for the company, the cadets will be trained in India. The initiative will not

about 14 years ago
Port Rashid – New Permanent Home of QE2 (UAE)
Business & Finance

Port Rashid – New Permanent Home of QE2 (UAE)

Istithmar World, DP World and the QE2 management today announced the iconic QE2 is to have a permanent home at the heart of Port Rashid, the hub of cruising in the Middle East. The vessel will be moored next to the original cruise terminal at Port Rashid and converted into a 300 room luxury hotel, [

about 14 years ago
Vroon Holds Naming Ceremony for Subsea Support Vessel (The Netherlands)
Business & Finance

Vroon Holds Naming Ceremony for Subsea Support Vessel (The Netherlands)

Dutch shipping company, Vroon Offshore Services (VOS) held the namegiving ceremony for VOS Shine on Thursday 28 June 2012, in Den Helder, the Netherlands. VOS Shine was christened by Mrs Gwen Klaphake, wife of Mr Rolf de Vries, Managing Director, Blue Stream Offshore B.V.. Blue Stream Offshore B.V.

about 14 years ago
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