ABB, the leading power and automation technology group, has won an order worth about $36 million from oil services company Aker Solutions to provide drives and transformers to their subsea power distribution system for the Asgard subsea oil and gas field operated by Norway’s Statoil. The order was b
ABB, the leading power and automation technology group, has won an order worth about $36 million from oil services company Aker Solutions to provide drives and transformers to their subsea power distribution system for the Asgard subsea oil and gas field operated by Norway’s Statoil. The order was b
Navis Engineering has been contracted by Dutch integrator Alphatron Marine to supply nine DP1 systems for the innovative ‘Sea Axe Fast Crew Suppliers’, currently under construction at Damen Shipyards in Gorinchem. The nine vessels are part of a series of 14 Sea Axe Fast Crew Suppliers to incorporate
Fleet Survey Team (FST) is conducting a hydrographic survey in the harbor of Durres, Albania, its approaches and anchorages in a cooperative survey with the Albanian government. FST deployed a seven-person survey team, comprised of both military and civilian surveyors, and a nine-meter survey vessel
Another significant contract is scheduled to be awarded on the Sydney harbour dredging project later this month. The work will involve the… (capebretonpost) [mappress] Source: capebretonpost, October 14 , 2011;
The Port of Vancouver USA welcomed the M/V Queen Asia, commanded by Capt. Alfredo Coste Jr. on her maiden voyage to the United States on October 6, 2011. Coste and his 18-member crew were welcomed to Vancouver by John Lindgren, production manager for United Grain Corp.; Jason Eeds and Rocky Richards
Teledyne Gavia announced today the sale and recent delivery of the Company’s Offshore Surveyor class Autonomous Underwater Vehicle (AUV) to Geological Assistance and Services (GAS) of Bologna, Italy. The AUV, as configured by GAS, incorporates a 500 kHz GeoSwath module and a Teledyne Benthos Sub-bot
IBERDROLA today placed a €600 million issue of 4-year eurobonds maturing in January 2016, thereby reopening the Spanish market for private debt as conditions improve following the summer volatility. The operation, placed among 300 investors from 15 countries, was well oversubscribed with demand tota
Leighton Holdings Limited today announced that its subsidiary Leighton Offshore had been awarded a major contract by Iraq’s South Oil Company. The US$518 million contract forms part of the Crude Oil Export Facility Reconstruction Project (the “Sea Line Project”), which is financed and supported thro
Mitsubishi Heavy Industries, Ltd has developed a new bulk carrier which will enable reductions in CO2 emissions by about 25% compared with conventional averaged bulk carriers. As the first commercial application of the new design, MHI will provide its conceptual design and green technologies to thre
Leighton Holdings Limited today announced that its subsidiary Leighton Offshore had been awarded a major contract by Iraq’s South Oil Company. The US$518 million contract forms part of the Crude Oil Export Facility Reconstruction Project (the “Sea Line Project”), which is financed and supported thro
Aberdeen Harbour Board has been recognised for its major contribution to the North-east economy as it received the Lifetime Achievement Award at this year’s Northern Star Business Awards. The accolade was presented to Aberdeen Harbour Board chairman, Chris Lloyd and chief executive Colin Parker, by
Leighton Offshore today announced the award of an additional Single Point Mooring (SPM) contract by Iraq’s South Oil Company (SOC). The SPM contract worth US $79.85m is in addition to the $799m Phase 1 Iraq Crude Oil Export Expansion Project (ICOEEP) scope currently underway. The work will be undert
Fairstar Heavy Transport N.V. (FAIR) released its third quarter results to the market. During the quarter Fairstar was awarded over USD 40 million in new contracts for marine transportation services in the next two years. Fairstar now has contracts in place totalling over USD 220 million in total va
