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Norway: STX Gets Contract for Four Platform Supply Vessels
Business & Finance

Norway: STX Gets Contract for Four Platform Supply Vessels

STX OSV Holdings Limited, one of the major global designers and shipbuilders of offshore and specialized vessels, announced that it has secured new contracts for the construction of four Platform Supply Vessels (PSV) for Island Offshore. The combined value of all four contracts exceeds NOK 1 billion

about 15 years ago
Tullow Becomes Operator of New PSC Offshore Mauritania
Business & Finance

Tullow Becomes Operator of New PSC Offshore Mauritania

Tullow Oil plc (Tullow) announces that new Production Sharing Contract (PSC) arrangements have been agreed with the Government of Mauritania and its Joint Venture partners. These arrangements will enable the Group to progress the appraisal and development of existing discoveries and pursue explorati

about 15 years ago
Norway: STX OSV to Build 4 PSVs for Island Offshore
Business & Finance

Norway: STX OSV to Build 4 PSVs for Island Offshore

STX OSV Holdings Limited (“STX OSV”), one of the major global designers and shipbuilders of offshore and specialized vessels, announced that it has secured new contracts for the construction of four Platform Supply Vessels (PSV) for Island Offshore. The combined value of all four contracts exceeds N

about 15 years ago
China: VULKAN Couplings in Focus at MARINTEC 2011
Business & Finance

China: VULKAN Couplings in Focus at MARINTEC 2011

The MESLU clutch is in focus at the MARINTEC 2011 in Shanghai, and it has been highly appreciated by customers thanks to its constructional advantages, especially when used in suction dredgers and other maritime applications. The MESLU, a pneumatically operated double cone friction clutch guarantees

about 15 years ago
China: RHI Christens First Panamax Bulk Carrier Ordered by Minsheng Financial Leasing
Business & Finance

China: RHI Christens First Panamax Bulk Carrier Ordered by Minsheng Financial Leasing

China Rongsheng Heavy Industries Group Holdings Limited, a large heavy industries group in China, announced that the first Panamax bulk carrier ordered by Minsheng Financial Leasing Co., Ltd. (“MSFL”) was christened as “Guo Yuan 8” at the Group’s Nantong production base on 28 October. The leasing of

about 15 years ago
Brazil: Petrobras Provides Clarification on Espirito Santo Basin Assets
Business & Finance

Brazil: Petrobras Provides Clarification on Espirito Santo Basin Assets

Petrobras provided clarification about news released recently concerning concession areas BM-ES-32 and BM-ES-23, located in Espírito Santo Basin. Petrobras confirmed the information about oil discoveries in block ES-M-594 (BM-ES-32), as disclosed to the market on December 16, 2010 and about discover

about 15 years ago
UK: MSSL and WFS Launch Wireless Tension Monitoring System
Business & Finance

UK: MSSL and WFS Launch Wireless Tension Monitoring System

WFS Subsea, leading supplier of through-water (and through-ground) wireless technology for communication, navigation and power transfer and Monitor Systems Scotland Ltd today begin promoting the r-tTs (Real-Time Tension Sensor) for wireless load monitoring in the Offshore, Marine and Energy industri

about 15 years ago
France: Nexans Releases Third Quarter Financial Results
Business & Finance

France: Nexans Releases Third Quarter Financial Results

Nexans announced 2011 third quarter sales of 1,711 million euros (at current non-ferrous metal prices), or 1,127 million euros at constant non-ferrous metal prices, which corresponds to organic growth of 3.9%. For the first nine months of the year, the organic growth in sales was 6.8% compared with

about 15 years ago
The Netherlands: DEME Launches New Cutter Suction Dredger at IHC Merwede Shipyard
Business & Finance

The Netherlands: DEME Launches New Cutter Suction Dredger at IHC Merwede Shipyard

Today, the DEME-group (Dredging, Environmental and Marine Engineering) launched the self-propelled cutter suction dredger, AMBIORIX, one of the most powerful and advanced cutter suction dredgers in the world. The launching ceremony took place at the IHC Merwede shipyard in Hardinxveld-Giessendam, Th

about 15 years ago
The Netherlands: DEME Launches Self-Propelled Cutter Suction Dredger “Ambiorix”
Business & Finance

The Netherlands: DEME Launches Self-Propelled Cutter Suction Dredger “Ambiorix”

Today, the DEME-group (Dredging, Environmental and Marine Engineering) launched the self-propelled cutter suction dredger, AMBIORIX, one of the most powerful and advanced cutter suction dredgers in the world. The launching ceremony took place at the IHC Merwede shipyard in Hardinxveld-Giessendam, Th

about 15 years ago
Germany: Business Offshore Conference in Hamburg Starts December 8th
Business & Finance

Germany: Business Offshore Conference in Hamburg Starts December 8th

The first international Business Offshore Conference 2011 held in Hamburg kicks off on December 8th where top executives of the world’s leading offshore and energy companies will give updates on investments, project developments and timelines for offshore projects. A source of pride for the organize

about 15 years ago
Holland Shipyards to Construct Mobile Accommodation Module for Jumbo Offshore
Business & Finance

Holland Shipyards to Construct Mobile Accommodation Module for Jumbo Offshore

Today Jumbo Offshore and Holland Shipyards have signed an agreement for the construction and delivery of a mobile offshore accommodation module for 50 persons. This module will be used by Jumbo Offshore when large installation jobs are contracted and the existing on-board accommodation does not suff

about 15 years ago
HMC’s Construction Vessel Balder Completes Offshore Installation Works in Angola
Business & Finance

HMC’s Construction Vessel Balder Completes Offshore Installation Works in Angola

After a period of 15 months, Heerema Marine Contractors (HMC) completed the Block 31 PSVM campaign offshore Angola. HMC’s Deepwater Construction Vessel Balder finished the offshore installation campaign with the safe and successful lay down of the last second end FTA of the last production line. Wit

about 15 years ago
Japan: Tsuneishi Shipyard Launches New Bulk Carrier for ‘K’ Line
Business & Finance

Japan: Tsuneishi Shipyard Launches New Bulk Carrier for ‘K’ Line

Fukuyama Tsuneishi Shipyard of Tsuneishi Shipbuilding Co. launched “ZEN-NOH GRAIN MAGNOLIA”, an 82,000 DWT-type Kamsarmax bulk carrier for Kawasaki Kisen Kaisha Ltd, on October 26, 2011. The vessel will be involved in long-term service carrying grain to “K” Line’s esteemed customer National Federati

about 15 years ago
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