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Saudi Arabia: McDermott Wins EPCI Gig from KJO
Business & Finance

Saudi Arabia: McDermott Wins EPCI Gig from KJO

McDermott International, Inc. announced today that one of its subsidiaries was awarded an engineering, procurement, construction and installation (“EPCI”) project for Al-Khafji Joint Operations (“KJO”), in the Hout field in water depths up to 31 meters. The EPCI project comprises more than 600 tonne

about 14 years ago
Greece: Euroseas Announces Company’s Latest Activities
Business & Finance

Greece: Euroseas Announces Company’s Latest Activities

Euroseas Ltd., an owner and operator of drybulk carriers, containerships and multipurpose vessels and provider of seaborne transportation for dry bulk and containerized cargoes, announced today that it sold for scrap one of the oldest container vessels in its fleet, the M/V Jonathan P, a 1,932 teu g

about 14 years ago
Germany to Invest EUR 200 Billion in Offshore Wind Farms Projects
Business & Finance

Germany to Invest EUR 200 Billion in Offshore Wind Farms Projects

Chancellor Angela Merkel has revealed her plan to construct offshore wind farms that will stretch over an area six times the size of New York City, reports Bloomberg. The plan expected to cost 200 billion euros ($268 billion), according to the DIW economic institute in Berlin, will also include inst

about 14 years ago
UK: SPE’s European Forum to Highlight Importance of Sand Management
Business & Finance

UK: SPE’s European Forum to Highlight Importance of Sand Management

Aberdeen will see industry professionals gather later this month at the 5th European Sand Management Forum, with Peter Fowler of Chevron and Mike Hannan of the Department of Energy and Climate Change billed as keynote speakers. The conference and exhibition, organised by the Society of Petroleum Eng

about 14 years ago
Otto Marine Charters Oranda 1 Vessel to Mexican Company
Business & Finance

Otto Marine Charters Oranda 1 Vessel to Mexican Company

Otto Marine Limited, a leading offshore marine company which specializes in building complex offshore support vessels, ship chartering and offers specialized offshore services, is pleased to announce that it has secured a time charter contract from a prominent Mexican offshore platform construction

about 14 years ago
Helix Well Ops UK Completes West African Intervention Works
Business & Finance

Helix Well Ops UK Completes West African Intervention Works

Helix Well Ops UK (Well Ops), a business unit of international energy services company Helix Energy Solutions Group (Helix ESG), has successfully completed a three-month campaign for West Africa’s first well intervention work and subsea well operations conducted from a mono-hull intervention vessel.

about 14 years ago
VSTEP to Deliver NAUTIS Bridge Simulators for Technical University in Varna, Bulgaria
Business & Finance

VSTEP to Deliver NAUTIS Bridge Simulators for Technical University in Varna, Bulgaria

VSTEP has been awarded the contract to deliver two NAUTIS Bridge Simulators and classrooms with desktop Navigation and Engine Room Simulators for the simulation centre of the Technical University in Varna, Bulgaria. The TU in Varna is one of the leading maritime universities on the Black Sea. After

about 14 years ago
Island Offshore Orders Subsea Support Vessel from STX OSV
Business & Finance

Island Offshore Orders Subsea Support Vessel from STX OSV

STX OSV Holdings Limited (“STX OSV”), one of the major global designers and shipbuilders of offshore and specialized vessels, has secured a new contract for the construction of one advanced subsea support vessel for Island Offshore. The value of the contract amounts to more than NOK 500 million(USD

about 14 years ago
Norway: STX OSV Secures Subsea Support Vessel Construction Contract
Business & Finance

Norway: STX OSV Secures Subsea Support Vessel Construction Contract

STX OSV Holdings Limited, designers and shipbuilders of offshore and specialized vessels, announced that it has secured a new contract for the construction of one advanced subsea support vessel for Island Offshore. The value of the contract amounts to more than NOK 500 million. The vessel will be of

about 14 years ago
Norway: STX OSV to Build Subsea Support Vessel for Island Offshore
Business & Finance

Norway: STX OSV to Build Subsea Support Vessel for Island Offshore

STX OSV Holdings Limited, one of the major global designers and shipbuilders of offshore and specialized vessels, announces that it has secured a new contract for the construction of one advanced subsea support vessel for Island Offshore. The value of the contract amounts to more than NOK 500 millio

about 14 years ago
UAE: Jebel Ali Port Gets Two Awards for Security Management
Business & Finance

UAE: Jebel Ali Port Gets Two Awards for Security Management

Under the patronage of His Excellency Sheikh Hamdan Bin Mubarak Al Nahyan, Minister of Public Works and Chairman of the Higher Committee, the Higher Committee for UAE Civil Seaports and Airports Security, has recognised DP World, UAE Region with two prestigious awards for its commitment to security

about 14 years ago
The Netherlands: Lankhorst Ropes’ Riser and Umbilical Tethers for Subsea Production
Business & Finance

The Netherlands: Lankhorst Ropes’ Riser and Umbilical Tethers for Subsea Production

Rope construction and performance that has set the standard for deepwater moorings, such as the Lucius Spar, is now being applied by Lankhorst Ropes Offshore Division to the supply of synthetic fibre rope tethers for umbilicals and risers. The high modulus polyethylene (HMPE) rope uses a Gama 98® co

about 14 years ago
Apply Sørco Prepares Teekay’s FPSO for Operation in UK
Business & Finance

Apply Sørco Prepares Teekay’s FPSO for Operation in UK

Apply Sørco has established a Framework Agreement with Teekay related to “Pre-operations and Operations Support Services”. This is a wide and open frame agreement which might include most of the services and products portfolio that Apply Sørco can provide to our customers. The agreement is entered w

about 14 years ago
China: Jinhai Heavy, KOMAC Work on Development of New 74.500 DWT Bulk Carrier
Business & Finance

China: Jinhai Heavy, KOMAC Work on Development of New 74.500 DWT Bulk Carrier

In order to keep in line with the current shipping market and speed up the research and development on new-type vessels, Jinhai Heavy Industry had cooperation with KOMAC on designing 74,500 DWT Bulk Carrier. The design work of hull has just come to an end while subsequent works are also underway, go

about 14 years ago
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