Dutch Fairstar Heavy Transport N.V. (FAIR) has been awarded a new contract from Seadrill to transport the drilling rig Offshore Vigilant from Port of Spain, Trinidad to Vung Tau, Vietnam on Fairstar’s semi-submersible vessel FJELL. The contract value is USD 2.9 million. FJELL has just safely dischar
Cecon ASA presents its Consolidated Interim Financial Report for First Quarter 2012. Highlights of Q1 2012: Highlights of the quarter Q1/2012 • Successful completion of installation offshore Nigeria • Revenues Q1: NOK 93.4 million • EBITDA: for Q1 NOK 22.9 million • Pro forma result: Profit after ta
A draft made by the German Government indicates that it will allow the offshore wind-power operators to compensate some of their losses by charging their customers, the Frankfurter Allgemeine Zeitung reports. The mentioned losses refer to the ones regarded to the problems of transferring electricity
Lloyd’s Register has made two new senior appointments in Asia which will benefit global shipowners, operators and builders. Luis Benito has been appointed Strategic Marketing Manager, Lloyd’s Register. Based in Singapore, Benito will strengthen the links between the organisation’s technology develop
The Norwegian subsea entrepreneur Ocean Installer awards a frame contract for the delivery of Remotely Operated Vehicle (ROV) services to Oceaneering. The frame contract is of five years fixed duration with options, and covers the supply of ROV services and related personnel for Ocean Installer’s cu
Guernsey Electricity is using a cable ship to pinpoint a fault on submarine cable linking Guernsey and Jersey to France, reports BBC. The France telecom owned Leon Thevenin vessel is expected to be in the area all week. According to BBC, Guernsey Electricity’s corporate strategy director, Sally Davi
Recently, Fugro formally took delivery of a new-build vessel, M/V Fugro Galaxy; the second of Fugro’s FSSV series of dedicated survey vessels. Designed to Fugro specifications and fitted with the latest survey equipment these are the most advanced vessels of their type. The new vessel will be able t
A record number of attendees turned out to see the latest developments in oil and gas production and development at an industry conference last week. DEVEX 2012, aimed at geologists, geophysicists and engineers from both upstream and downstream operations, took place on 9 and 10 May at Aberdeen Exhi
In April, Finland’s Cargotec secured new contracts to deliver MacGregor anchor-handling, mooring and towing solutions for 15 offshore support vessels (OSV) of various types being built in China for Asian customers. The ships are being built in several shipyards in China for delivery throughout 2013
A purpose-designed BOP handling system comprising twin air-operated monorail hoists, with a joint lifting capacity of 200 tonnes has been supplied by J D Neuhaus. These hoists are a special compact design which has been developed to suit on-site operational requirements and each hoist represents a 4
Italian oil company Eni announces a new giant natural gas discovery in Area 4, offshore Mozambique, at the Coral 1 exploration prospect. The results for this well, drilled in the southern part of Area 4, are “of particular significance”. The Coral discovery is estimated to contain between 7 and 10 t
Following a world survey of the marine industry, Zeus Development Corporation has identified 63 LNG-fueled ships in operation or under development, up from 48 units last December. These ships do not include more than 300 tankers that also consume LNG. June 6-7, Zeus will host an LNG-Fueled Marine Ad
Total is today able to announce that a well intervention operation has stopped the G4 well leak on the Elgin complex, 240km from Aberdeen in the UK North Sea. The well intervention operation, which involved pumping heavy mud into the leaking well, began on May 15th and the leak was stopped 12 hours
Forum Energy Technologies, Inc. announced the successful testing of its subsea Blowout Preventer Actuation Tool (BOP-AT) on a live well off the coast of at a water depth of over 1000 meters. The tool closes the blow out preventer remotely using only the power provided by a remotely operated vehicle