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Oman Shipping Company’s VLCC FIDA Joins VL8 Pool
Business & Finance

Oman Shipping Company’s VLCC FIDA Joins VL8 Pool

Oman Shipping Company’s (OSC) 317,000 DWT, 2011 Built, Very Large Crude Carrier (VLCC) “FIDA” is the latest and 12th vessel to join the VL8 Pool. The VL8 pool is a joint venture company between NAVIG8, Oman shipping Company and VTN, formed in 2010 with sole purpose of commercially managing modern, f

about 14 years ago
Norway: Statoil Chooses DeepOcean’s Vessels for Additional IRM Work
Business & Finance

Norway: Statoil Chooses DeepOcean’s Vessels for Additional IRM Work

DeepOcean Group Holding AS, an integrated provider of subsea engineering and trenching services, today announced that Statoil has awarded additional inspection, repair and maintenance contracts to two DeepOcean vessels. Statoil has signed a one-year option for the vessel Edda Fauna under its existin

about 14 years ago
Greece: Paragon Shipping Announces Early Termination of Charter
Business & Finance

Greece: Paragon Shipping Announces Early Termination of Charter

Paragon Shipping Inc., announced that Deiulemar Compagnia di Navigazione SpA, the charterer of the M/V Friendly Seas, a 2008-built 58,779 dwt Supramax bulkcarrier, has continued to fail to provide payment due since January 5 and has failed to provide the Vessel with voyage instructions. Accordingly,

about 14 years ago
Norway: Statoil Extends Contracts for Two DeepOcean’s Vessels
Business & Finance

Norway: Statoil Extends Contracts for Two DeepOcean’s Vessels

Norway’s oil giant, Statoil, has awarded additional IRM contracts to two DeepOcean vessels. Statoil has signed a one-year option for the vessel Edda Fauna under its existing inspection, repair and maintenance (IRM) frame contract. Furthermore, Statoil has decided to upgrade the scale squeeze system

about 14 years ago
Norway: Bjørn C. Bjørnsen Joins Ramboll as Business Development Director
Business & Finance

Norway: Bjørn C. Bjørnsen Joins Ramboll as Business Development Director

Bjørn C. Bjørnsen, 39, has joined Ramboll as Business Development Director for Ramboll Oil & Gas in Norway. With a significant background in the oil & gas industry, he will play a key role in further expanding their business activities and project portfolio in Norway. Substantial industry experience

about 14 years ago
IMO is Right Body to Deal with Safety Debate After Costa Concordia, Sekimizu Says
Business & Finance

IMO is Right Body to Deal with Safety Debate After Costa Concordia, Sekimizu Says

IMO Secretary-General Koji Sekimizu, speaking at the opening of the Sub-Committee on Bulk Liquids and Gases (BLG) yesterday (30 January 2012), stated that IMO is the right international body to deal with safety of passenger ships and, in particular, a safety review after the Costa Concordia accident

about 14 years ago
UK: WilHunter Needs Repairs
Business & Finance

UK: WilHunter Needs Repairs

The WilHunter rig incurred technical downtime on Wednesday the 18th of January whilst drilling for MPX Energy Ltd, said the owner of the rig, Awilco Drilling. The rig was drilling on the Orlando well, Block 3/3b in the UKCS as part of the SPD multi-well multi-client programme. The technical downtime

about 14 years ago
Norway: Gulf Offshore Orders PSV at SIMEK
Business & Finance

Norway: Gulf Offshore Orders PSV at SIMEK

Gulf Offshore Norge, a subsidiary of Gulfmark Offshore, Inc. has exercised an option to build another PSV of Skipsteknisk design, at SIMEK in Flekkefjord Norway. The vessel designated ST-216 Arctic, is based on the successful ST-216L CD design, but will have new modified bow shape and a new improved

about 14 years ago
Gulf Offshore Norge to Build Another PSV of Skipsteknisk Design, Norway
Business & Finance

Gulf Offshore Norge to Build Another PSV of Skipsteknisk Design, Norway

Gulf Offshore Norge, a subsidiary of Gulfmark Offshore, Inc. has exercised an option to build another PSV of Skipsteknisk design, at SIMEK in Flekkefjord Norway. The vessel designated ST-216 Arctic, is based on the successful ST-216L CD design, but will have new modified bow shape and a new improved

about 14 years ago
Norway: Statoil Selects Spar Platform to Develop Luva Field
Business & Finance

Norway: Statoil Selects Spar Platform to Develop Luva Field

Statoil, together with its Luva field partners, has selected a Spar platform to develop the field. As a gas transport solution has also been decided, a major step has now been taken towards deep-water production in the Norwegian Sea. The Luva field, which is a deep-water pioneer in the Norwegian Sea

about 14 years ago
Hyperdynamics Resumes Drilling on Sabu-1 Exploration Well Offshore Guinea
Business & Finance

Hyperdynamics Resumes Drilling on Sabu-1 Exploration Well Offshore Guinea

Hyperdynamics Corporation announced it resumed drilling operations on the Sabu-1 exploration well on January 29th in its concession offshore the Republic of Guinea in West Africa. Drilling recommenced from a point 2,304 meters subsea. The well is expected to encounter prospective upper Cretaceous sa

about 14 years ago
UK: GE Subsea Systems to Support Nexen Golden Eagle Development
Business & Finance

UK: GE Subsea Systems to Support Nexen Golden Eagle Development

GE Oil & Gas surface and subsea production equipment, control systems and services have been selected for the Nexen Golden Eagle Area Development project in the United Kingdom’s central North Sea. Contracts with the project operator, Nexen Petroleum U.K. Limited, could total more than $170 million o

about 14 years ago
Australia: GE Oil & Gas Nets USD 1 Billion in Contracts for Ichthys Project
Business & Finance

Australia: GE Oil & Gas Nets USD 1 Billion in Contracts for Ichthys Project

GE Oil & Gas has received contracts totaling more than $1 billion to supply a wide range of equipment and services for the Ichthys liquefied natural gas (LNG) project in Australia. A joint venture between INPEX (operator) and Total, the Ichthys LNG project includes one of the world’s largest LNG fac

about 14 years ago
Norway: Bergen Group Vest Elektro Secures New Contract from NCA
Business & Finance

Norway: Bergen Group Vest Elektro Secures New Contract from NCA

Bergen Group Vest Elektro has been awarded the contact for the electrical design and installations on the multi-functional vessel number 2 to be built at Fitjar Mekaniske Verksted AS for the Norwegian Coastal Administration (NCA). The contract is a fulfillment of an option from April 2011 when the c

about 14 years ago
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