Cecon ASA (Cecon), through its subsidiary Rever Offshore AS (Rever) and the ship owning company Cecon Shipping 2 AS (CS 2), has reached an agreement to sell the Micoperi Pride, formerly Cecon Pride, to the single purpose vehicle (SPV) FTAI Pride Inc, a company controlled by Fortress Investment Group
IKM Subsea has been awarded a contract by Eni Indonesia to provide ROV services onboard the Drill Rig Scarabeo 7, operating in Indonesia for drilling various Exploration and Completion wells. The contract value including options is in the region of 16 million USD (100 million NOK) and duration term
During the leading trade fair for the maritime industry, SMM 2014, being held in Hamburg, our team got the chance to speak with Mr. Wilco Stroet, Managing Director of Lankhorst Ropes, a world-wide supplier of rope and ships mooring lines. Hereby we’re bringing you a part of the conversation. As an i
Oceanica, the long established Brazilian subsea engineering company, has ordered two Saab Seaeye Falcon ROVs for its expanding operations with Petrobras. The Falcon’s respected reputation in Brazil was a decider for Oceanica, says head of ROV operations, Manoel Teixeira Lopes Filho. For him, the Fal
At the beginning of the year Island Offshore with their partner Baker Hughes entered a back-to-back agreement with VTT Maritime who had been awarded a contract for ground core sampling above, in what is to be, the world’s longest (25,5 km) and deepest (385m) subsea road tunnel, named Rogfast. Togeth
The first batch of 12 experienced divers from PT. Advanced Offshore Services has successfully completed their Surface Supplied Diver Assessment at TOTAL Indonesie (TEPI) offshore site installation in Balikpapan. The assessment was carried out in accordance with the International Marine Contractors A
On 11 September 2014, a Chinese delegation headed by Jiancai Jin, Secretary General, China Ocean Mineral Resources R & D Association of the People’s Republic of China (COMRA), visited the headquarters of the International Seabed Authority. The delegation was composed of officials from the National
CAMAC Energy Inc. has delivered an update on Company’s operations in West and East Africa, including Nigeria, Ghana, Kenya, and Gambia. Nigeria Oyo Offshore Installation Offshore installation campaign of the Company’s Oyo field expansion project using the Normand Pacific installation vessel started
Dolphin continues to build strong winter back-log and has been awarded a 3D seismic contract in the Indian Ocean for an independent oil company for approximately 60 days. The 3D seismic vessel, Artemis Arctic, will commence this contract in fourth quarter of 2014. Artemis Arctic is designed by Skips
Aker Solutions’ subsidiary Aker Oilfield Services (AKOFS) has won a contract worth USD 465 million over five years from Petrobras to provide subsea intervention services offshore Brazil from the Aker Wayfarer vessel. The contract will start within the fourth quarter of 2016 and has a five-year optio
Oceaneering International, Inc. has exercised both one year options on the CSV Bourbon Oceanteam 101 up to February 2017. The vessel will continue its field support services for work offshore Angola on blocks 18 and 31. Upon delivery in December 2007, this DP2 Construction Support Vessel has been op
Ocean Power Technologies, Inc. today announced financial results for its Fiscal 2015 first quarter ended July 31, 2014 (fiscal 2015). The net loss for the three months ended July 31, 2014 was $3.3 million as compared to a net loss of $3.8 million for the three months ended July 31, 2013. David L. Ke
Mitsubishi Corporation (MC) has agreed to acquire a 20% ownership interest in Block CI-103 Hydrocarbon Production Sharing Contract from US-based Anadarko Petroleum Corporation. Block CI-103, which is located off the coast of Côte d’Ivoire, is currently in appraisal. The transfer of the interests wil
Scour protection work is due to recommence within the Gwynt y Môr Offshore Windfarm on the 21st September 2014. As AWJ Marine informs, the work will be carried out by the vessel Tideway Rollingstone. All vessel traffic is asked to keep at least 500m clear of Tideway Rollingstone. Gwynt y Môr will co