Miclyn Express Offshore announced the purchase of three new Offshore Support Vessels. A Seismic Support Vessel has been purchased against a 3 year firm contract in Indonesia commencing in August 2011 and including 5 x 1 year extension options. Two newly built Multi Purpose Offshore Terminal Tugs wil
Fluor Corporation announced that it has been awarded a contract by Chevron Neftegaz–one of three project managers engaged by the Caspian Pipeline Consortium–for its recently announced expansion project. Fluor will provide project services for the marine terminal and supervisory control and data syst
DOF Subsea Asia Pacific, a subsidiary of DOF ASA has secured multiple contracts awards in Asia and Australia over the last couple of weeks with a total contract value of about USD 47 million. The new build DSV Skandi Singapore and the CSV Skandi Hercules will be employed under these contracts. Steve
Class society ABS has issued its first Approval in Principle (AIP) for a new concept renewable energy design in which a moored spar uses ammonia in a closed-cycle process to produce electrical power for a commercial utility grid. Unlike wind, tidal or solar power the advanced design for this Ocean T
DOF Subsea Asia Pacific, a subsidiary of DOF ASA has secured multiple contracts awards in Asia and Australia over the last couple of weeks with a total contract value of about USD 47 million. The new build DSV Skandi Singapore and the CSV Skandi Hercules will be employed under these contracts. Steve
CGGVeritas is confirming its commitment to the emerging deepwater node market with an order to manufacture an additional 800 Trilobit four-component (4C) ocean bottom nodes (OBN) to make a total of 1,000 units in its equipment pool. The new nodes are expected to be commercially available by early 20
A glut of oil tankers competing for Middle East crude has expanded as demand for the vessels has slowed. There are 23 per cent more very… (eximin) [mappress] Source: eximin, August 18, 2011.
Serimax has been awarded the welding works for Total’s CLOV SURF project offshore Angola. This project, to be carried out in 2012 onboard Subsea 7’s new flagship vessel, the Borealis, involves welding of approximately 5500 welds of 10″ and 12″ pipes, at water depths between 1000 and 1400 meters. A l
Roc Oil Company, a wholly owned subsidiary of ROC, has agreed to farm down its interest in Block H, offshore Equatorial Guinea, to White Rose Energy Ventures Limited, a portfolio company of First Reserve Corporation, from 37.5% to 20.0% for a free carry through the drilling of an exploration well. R
Royal Boskalis Westminster N.V. realized a good result in the first half of 2011, with net profit coming in at € 114.1 million on revenue of € 1,250 million (first half of 2010: € 123.9 million and € 1,135 million respectively). Compared to the end of 2010 there was a decline in the order book [&hel
Subsea 7 S.A. today announces that the UK Office of Fair Trading (OFT) has decided not to refer the merger of Subsea 7 S.A. (formerly Acergy S.A.) and Subsea 7 Inc. to the UK Competition Commission for further investigation. The OFT considers that the divestiture of a rigid pipelay vessel competing
Mr. Bernt Omdal is appointed as new head of chartering in Siem Offshore. Bernt has been the Chartering Director of the company since November 2008 and has more than 20 years of experience within the maritime industry, including chartering, operations and shipbroking. Bernt reports to the Chief Execu
Petrobras has put semi-submersible platform P-56 into operation in the Campos Basin’s Marlim Sul field, (state of Rio de Janeiro). The unit went into production from well 7-MLS-163HPRJS, which can produce up to 16,000 barrels per day. Installed at a water depth of 1,670 meters, the new platform was
Iraq has awarded a $471.7 million contract for an oil export facility expansion and sub-sea pipeline to Italian group Saipem , Iraqi oil… (reuters) [mappress] Source: reuters, August 17, 2011;