Our Maritime Business Magazines

Statoil has awarded the contract for construction of two new drilling rigs for use on the NCS to Songa Offshore. The contract for the two category D rigs is worth an aggregate USD 2,47 billion for a fixed eight-year charter period. “Stepping up our industrialisation of the NCS we are very pleased to announce...

The growing importance of deepwater exploration and production developments offshore China led classification societies ABS and CCS (China Classification Society) to conduct a joint “Deepsea Developments in the China Offshore Industry” meeting on 17 June 2011. The meeting, which was held in Beijing, brought together leading offshore industry professionals to discuss a wide range...

Dutch heavy lift shipping company Jumbo Shipping has opened a Representative Office in Bremen, Germany in cooperation with German independent breakbulk and heavy-lift shipbroker Coli Schiffahrt & Transport KG. The new office, Jumbo Agency Germany GmbH, aims to further strengthen Jumbo’s position in the German project cargo and heavy-lift market. Mr Felix Peinemann, having...

A2SEA  S has announced the signing of a Memorandum of Understanding (MOU) for a cooperation agreement with Teekay Corporation, a vessel owner and operator providing transportation services within the offshore sector. The aim of the cooperation is to design, deliver and operate floating transportation and installation vessels that can work in the deeper more...

Teekay Corporation has announced that it has entered into an agreement with BG Norge Limited to provide a floating production, storage and offloading (FPSO) unit for the Knarr oil and gas field located in the North Sea. The contract will be serviced by a newly-built FPSO unit to be constructed by Samsung Heavy Industries in...

The Dutch offshore company Ampelmann Operations has received the prestigious International Safety at Sea Award in London last Thursday. The prize is awarded for the pioneering contributions to working more safely at sea. Sir Alan Massey presented the Award. The jury praised Ampelmann for the successful introduction of a revolutionary system that greatly increases...

Schlumberger has announced the acquisition of the remaining equity shares from Frank Mohn AS in Framo Engineering AS , a privately owned Norwegian company specialized in the business of developing, manufacturing and selling products and services relating to multiphase pumps and subsea pump-systems, multiphase metering systems, and swivels and marine systems to the oil and gas industry....

Prosafe, one of the world’s leading owner and operator of semi-submersible accommodation/service rigs,  has been awarded a Letter of Intent (LOI) by Talisman Energy Norge AS for a 107 day contract using the MSV Regalia for accommodation support at the Yme facility in the Norwegian sector of the North Sea. On site operations are planned to...

Wärtsilä and Jiangsu CuiXing Marine Offshore Engineering Co. Ltd. have agreed to establish a joint venture for manufacturing Wärtsilä 26 and Wärtsilä 32 medium-speed marine engines in China. The agreement was signed today in Nantong, China. The value of Wärtsilä’s investment in the joint venture is EUR 16 million. Wärtsilä’s share of the joint...

Regulations and procedures in themselves are not enough to ensure safety during oil-drilling operations, conclude SINTEF researchers who have studied the accident investigation reports from the Deepwater Horizon disaster in the Gulf of Mexico. SINTEF safety researcher Ranveig Kviseth Tinmannsvik says that it is more important than ever for everyone who is involved in...

W3G Marine (W3GM) and IHC Merwede have agreed to collaborate on the development of W3GM’s patented design for an offshore wind turbine installation ship (OWTIS). The OWTIS concept has major advantages over existing assets, not least in its ability to improve offshore safety by necessitating fewer tasks to be performed offshore. It is environmentally...

SBM Offshore has announced that it has been awarded a contract and received the corresponding notice to proceed from Technip, part of the TSC Consortium with Samsung Heavy Industries, for the engineering, procurement, construction and integration (EPCI) of a major Turret Mooring System. This Turret Mooring System will be a key component of the world’s...

Statoil has signed a letter of intent with Skanska for the construction of the new office building at Sandsli in Bergen. The work on the office building and adjacent infrastructure will start in early August, with completion scheduled for the first half of 2014.  “Our goal is to establish a joint workplace where we...

Havila Shipping ASA has won a tender with Statoil for delivering platform supply services. The contract is a permanent five- year deal with an option for a further three years. To deliver this service, Havila Shipping will build a Havyard 833 L PSV – which is a special edition of the Havyard 833 L...

Eide Marine Tech AS delivered the NorWater modular series system for Statoils Snorre A installation. The delivery will be replacing existing equipment on Snorre A. It will contribute to a considerable weight reduction on the installation The equipment has a production capacity for 400 cu.m per day, this makes it one of the largest...

The Artificial Lift Company Ltd. (ALC), an artificial lift service company in the oil and gas industry, has announced the expansion of its premises in Great Yarmouth, which further consolidates its commitment to Norfolk and its operations in the UK. To further grow its global reach, the company, which has an existing presence in...

The steel jacket for the Gudrun field operated by Statoil in the Norwegian North Sea was named on 22 June at Kværner Verdal in mid-Norway. The champagne bottle splashed “holy” water from the Ol spring over bright yellow steel when it was broken during the traditional naming ceremony at the yard. Performing this deed...

On its maiden voyage, the company’s latest new building MV Lone performed SAL’s heaviest lift ever. With its lifting capacity of 2 x 1,000 t SWL the vessel loaded 8 reactors weighing up to 1,719 t and measuring 45 x 8 x 8 m. As part of the RPLC Deep Conversion Project Phase II...

On Thursday 16 June 2011, Huisman’s CEO Joop Roodenburg gave the official start signal for the construction of Huisman China’s new quayside which will be one of China’s most solid quaysides ever built. With the new quayside in place, the Huisman China facility will be easily accessible for seagoing vessels, allowing for fast installation,...

In its drive to improve and align safety and competence standards in the global oil and gas industry, OPITO International has commissioned new research to discover how companies are assuring the workforce is competent, rather than simply compliant. “The tragedy that was Macondo has shaken the industry and put the spotlight firmly back on...

Seadrill has entered into an agreement to sell the 1985 built jack-up drilling rig West Janus to Harrington LLC in Dubai for a total consideration of USD 73 million. Seadrill expects to record a gain on the sale in excess of USD 50 million on closing. Closing of the agreement and the transfer of...

All turbines in Walney 1 are now in operation. On 30 May 2011, the last of the 51 turbines in the Walney Offshore Windfarm 1 exported its first power to the grid, and a big milestone in the project was reached. Jens Hansen, Senior Project Manager, comments: “This is a major achievement for the project,...

OSD-IMT, the UK arm of IJmuiden-based Offshore Ship Designers, has been chosen by Samsung and Boskalis–SMIT Engineering to develop the basic design, detailed design and production drawings for a 99 m cable laying vessel. Neil Patterson, managing director of OSD-IMT, comments: “This project illustrates perfectly the strengths of the OSD group. We can bring strong...

International oilfield services company Expro has announced a major new investment programme that will reinforce the company’s leading position as a supplier of innovative technology and specialist services to the upstream oil and gas sector. The programme includes expanding Expro’s established fleet of subsea safety systems and well test packages, as well as globalisation...

Scheldepoort Repair & Conversion Yard in Vlissingen has signed a contract for the conversion of jack up drill rig GFS Labrador into an accommodation rig. The project will commence at the end of June and will take approximately four months.  The main scope of work is the removal of the complete drilling installation from the...