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Greece: Paragon Shipping Enters Charter Agreement for Supramax Bulk Carrier
Business & Finance

Greece: Paragon Shipping Enters Charter Agreement for Supramax Bulk Carrier

Paragon Shipping Inc., yesterday announced that it has entered into a fixed rate time charter agreement for its vessel, the M/V Friendly Seas, with Western Bulk Carriers AS. The M/V Friendly Seas, a 2008 built 58,779 dwt Supramax bulkcarrier, has been fixed to Western Bulk Carriers for a period of 1

about 14 years ago
UK: Bibby Offshore Introduces Graduate Training Scheme
Business & Finance

UK: Bibby Offshore Introduces Graduate Training Scheme

Aberdeen-based subsea installation contractor Bibby Offshore has recently welcomed its first six graduates onto the Bibby Offshore Academy Graduate Training Scheme. Bibby Offshore Academy was launched last year to address the training needs of potential future employees and for the management and de

about 14 years ago
Shemen Hires Atwood Beacon for Work Offshore Israel
Business & Finance

Shemen Hires Atwood Beacon for Work Offshore Israel

ATWOOD OCEANICS, INC., announced today that one of its subsidiaries has been awarded a drilling services contract by Shemen Oil and Gas Resources Ltd., an Israel-based oil and gas company, for the Atwood Beacon. The day rate for work offshore Israel will be $151,000, with contract commencement expec

about 14 years ago
Germany: DONG and Nexans Pen Framework Contract for Submarine Cables
Business & Finance

Germany: DONG and Nexans Pen Framework Contract for Submarine Cables

DONG Energy, Fredericia (Denmark) and Nexans Deutschland have concluded a framework agreement for the delivery of up to 900 kilometres of medium-voltage submarine cables. Up until the end of 2015 (or, optionally, 2017), the Danish energy company will take delivery of up to 150 kilometres of high-per

about 14 years ago
Atwood Beacon to Drill Offshore Israel
Business & Finance

Atwood Beacon to Drill Offshore Israel

Atwood Oceanics, an international offshore drilling contractor engaged in the drilling and completion of exploratory and developmental oil and gas wells, has been awarded a drilling services contract by Shemen Oil and Gas Resources Ltd., an Israel-based oil and gas company, for the Atwood Beacon ind

about 14 years ago
Thales UK Nets Contract to Supply Sonar for HMS Anson
Business & Finance

Thales UK Nets Contract to Supply Sonar for HMS Anson

Thales UK has been awarded a £30m+ contract to supply the Sonar 2076 fully integrated search and attack submarine sonar system for the UK Royal Navy’s fifth Astute-class submarine, HMS Anson. Thales will supply the sonar system to BAE Systems Submarine Solutions, the prime contractor for the Astute-

about 14 years ago
UK: Veripos Extends Contract with BP
Business & Finance

UK: Veripos Extends Contract with BP

Veripos, has been awarded an extension to its contract with BP under which it will continue to provide precision positioning for the energy company’s turret monitoring system aboard its floating production storage and offloading unit in the West Shetland Basin, BP Schiehallion. With the extended con

about 14 years ago
Norway: Energy Ministry Approves Petrolia as Licensee on NCS
Business & Finance

Norway: Energy Ministry Approves Petrolia as Licensee on NCS

The Ministry of Petroleum and Energy Norway has approved Petrolia Norway AS, a subsidiary of Petrolia ASA, as a licensee on the Norwegian Continental Shelf. – We are pleased by being approved as a licensee on the Norwegian Continental Shelf, leveraging on the extensive upstream industry experience o

about 14 years ago
International Offshore Rig Count for January Down by 1 Year-on-Year
Business & Finance

International Offshore Rig Count for January Down by 1 Year-on-Year

Baker Hughes Incorporated announced today that the international rig count for January 2012 was 1,171, down 9 from the 1,180 counted in December 2011, and up 10 from the 1,161 counted in January 2011. The international offshore rig count for January 2012 was 307, up 8 from the 299 counted in Decembe

about 14 years ago
Russia: Baltic Shipyard Lays Keel for New KONTUR’s Oil Tanker
Business & Finance

Russia: Baltic Shipyard Lays Keel for New KONTUR’s Oil Tanker

Baltic Shipyard today laid the keel for the 4th oil tanker under the Project 2734 for KONTUR LLC. Baltic Shipyard and Baltic Fuel Company Group (BFC) signed the contract in November 2010, and it will be financed by the Bank of Saint Petersburg. The Project 2734, designed by Marine Engineering Bureau

about 14 years ago
U.A.E: Hydratight Wins Order in Persian Gulf
Business & Finance

U.A.E: Hydratight Wins Order in Persian Gulf

Co-operation by in-house teams across three international boundaries won Hydratight a significant order from a client in the Persian Gulf. The client contacted Hydratight’s UAE office about subsea bolting and flange-pulling equipment, but offered insufficient detail for an accurate quote to be made.

about 14 years ago
UK: Aquatic’s General Manager EMEA to Speak at Subsea 2012
Business & Finance

UK: Aquatic’s General Manager EMEA to Speak at Subsea 2012

David McKechnie, Aquatic Engineering & Construction Ltd’s general manager Europe, the Middle East and Africa (EMEA), will speak at the prestigious Subsea UK 2012 conference in Aberdeen in February. Aquatic, an Acteon company, is a global leader in the provision of powered reels, tensioners and assoc

about 14 years ago
Statoil Awards Swedish MMT with Offshore Survey Contract
Business & Finance

Statoil Awards Swedish MMT with Offshore Survey Contract

MMT, a Swedish marine survey company offering turnkey services, has been awarded a Frame Agreement for Offshore Survey Services with Statoil. The Frame Agreement consists of survey services such as pipeline surveys, seabed mapping surveys, inspections, geotechnical survey support, and environmental

about 14 years ago
Norway: Statoil Awards MMT with Offshore Frame Agreement
Business & Finance

Norway: Statoil Awards MMT with Offshore Frame Agreement

MMT announces that it has been awarded a Frame Agreement for Offshore Survey Services with Statoil. The Frame Agreement consists of survey services such as pipeline surveys, seabed mapping surveys, inspections, geotechnical survey support, and environmental survey support that will be conducted worl

about 14 years ago
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