Norway-based Siem Offshore has completed the sale of the 2006-built mid-size PSV “Siem Danis” of VS 470 mk II design in accordance with sales agreement reported in December 2011. The vessel sales price was USD 34 million, which represents a gain of approximately USD 14 million. The sales proceeds wi
Siem Offshore has concluded the sale of the 2006-built mid-size PSV “Siem Danis” of VS 470 mk II design in accordance with sales agreement reported in December 2011. The vessel sales price was USD 34 million, which represents a gain of approximately USD 14 million. The sales proceeds will be used to
Following confirmation on Saturday morning (31 March) that the flare on the Elgin Platform has extinguished itself, Total is actively preparing operations to regain control of the leaking well. With respect to stopping the leak, Total has launched two main actions which are progressing in parallel.
Following confirmation on Saturday morning (31 March) that the flare on the Elgin Platform has extinguished itself, Total is actively preparing operations to regain control of the leaking well. With respect to stopping the leak, Total has launched two main actions which are progressing in parallel.
Bergen Group DREGGEN has signed an agreement with the Brazilian industrial player Koch Metalúrgica about strategic cooperation regarding development and production of offshore cranes to the growing Brazilian oil and gas industry. The cooperation opens up great opportunities in one of the world’s mos
The American Petroleum Institute (‘API’), the leading standards writer and assessor covering the global oil and gas industry, has awarded the Company’s Aberdeen facility two licences in relation to the API Monogram Programme.
According to the Associated Press, the largest Massachusetts-based, investor-owned electric and gas utility, NStar decided to purchase power from Cape Wind offshore wind farm. The contract is worth $1.6 billion and is intended for15- years- long period. This is $940 million more that the market pric
Abu Dhabi Ports Company (ADPC), on Aprl 1st, announced the arrival of the second, and final, batch of Super Post Panamax ‘Ship-to-Shore’ (STS) container cranes to Khalifa Port. The three STS cranes docked at Khalifa Port after their long journey from the Shanghai Zhenhua Heavy Industries Co. Ltd’s (
Shipbuilding management and consultancy services provider AVIC International Investments Limited, announced that it has secured a USS60 million contract awarded for the construction of five vessels – three units of Azimuth Stern Drive tugboats with 55 tons bollard pull each, one unit of diver boat,
Petoro, the licensee for the Norwegian State’s Direct Financial Interests, has awarded Ramboll Oil & Gas a concept study. The study will address defined issues and themes regarding a potential new wellhead platform at the Snorre field in the North Sea. “Ramboll looks very much forward to start worki
The Dutch offshore contractor Tideway, specialized in offshore dredging, landfall construction and pipeline stabilization, has purchased Amarcon’s OCTOPUS-Onboard for her rock dumping vessel Rollingstone. For a period of nine months Tideway leased OCTOPUS-Onboard for the purpose of response monitori
The Board of Nexus Energy Limited (Nexus) has appointed Mr Lucio Della Martina as its Chief Executive Officer. Mr Della Martina will take up his appointment with Nexus mid-May and will be relocating from Perth to Melbourne. Following a short handover period, Executive Directors, Michael Fowler and I
Bahamas Petroleum announces the appointment of a Non-Executive Director to the board of the Company. Ross McDonald is based in The Bahamas and will join the Board with immediate effect. Dursley Stott, a current non-executive Director, has informed the Board that for personal reasons he wishes to sta
The Dutch offshore contractor Tideway, specialized in offshore dredging, landfall construction and pipeline stabilization, has purchased Amarcon’s OCTOPUS-Onboard for her rock dumping vessel Rollingstone. For a period of nine months Tideway leased OCTOPUS-Onboard for the purpose of response monitori
