Our Maritime Business Magazines

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Aker Solutions has reached a key milestone in being selected as one of two remaining players for the delivery competition of the Browse LNG development. The Feed will commence immediately and the EPCI tender will be submitted mid-2011 with expected contract award end 2011. Per Harald Kongelf, executive vice president in Aker Solutions, says:...

Fairmount Marine‘s Fairmount Sherpa and Fairmount Summit, have delivered the FPSO Skarv Idun in the port of Stord, Norway. The two tugs needed just 92 days for the long distance tow of about 15.300 nautical miles from Samsung Heavy Industries‘ shipyard in Okpo, South Korea. The Skarv Idun is a large floating production storage...

Rising demand for floating offshore gas terminals has resulted in the development of new technologies and specialised units, leading to a number of innovative design concepts. Based on DNV‘s extensive experience in this segment, the company has prepared a detailed design and construction guidance, scheduled to be released shortly. According to Conn Fagan, DNV’s...

A novel technology which offers enhanced efficiency to the oil and gas industry is to be launched at the SPE / IADC Drilling Conference and Exhibition in Amsterdam by downhole drilling tool specialists XDT – a member of the Reservoir Group.  The TAZ Multiple Activation Circulating Sub, which is patent pending, will make its...

Deep Casing Tools has launched the first ever drill-through tool to ensure casing to target depth, allowing wells to be drilled as planned and enhancing integrity. The company’s breakthrough Turbocaser Express delivers a step change in drilling industry process. After reaming casing to target depth, the Turbocaser Express has a unique, patented internal design...

Rolls-Royce, provider of  power system, has been awarded a contract by STX OSV Trading to supply technologically advanced anchor handling systems. The equipment will be installed on three vessels operated by offshore services company Norskan for use in deep water oil and gas fields off the coast of Brazil. The contract is valued at over...

CorDEX Instruments,  manufacturing explosion proof equipment, has launched its next generation of digital cameras – the ToughPIX 2300XP. The revolutionary camera – with fully automatic strobe flash, interchangeable lenses, digital zoom and red-eye reduction, has been evolved further and can capture still images in extreme, low light situations at the simple touch of a button....

Liebherr extends its range of heavy lift offshore cranes with the CAL 64000 – 1500 Litronic. This heavy lift offshore crane, specially developed by Liebherr for the company Beluga Hochtief Offshore, will be applied from 2012 on the Innovation, a special jack-up vessel for the quicker assembly of offshore wind power stations. With this...

Hamworthy has signed a contract with FPSO Owner OSX 1 Leasing B.V., a subsidiary of OSX Brasil S.A., for delivery of its newest generation Vessel Internal Electrostatic Coalescer (VIEC) technology to the FPSO OSX-1. Upon completion of customisation works currently in progress in Singapore, the FPSO OSX-1 will be delivered by OSX to its...

Herbert Engineering Corp. (HEC) and class society ABS announce that they have entered into an agreement to form a joint venture company, Herbert-ABS Software Solutions, LLC (Herbert-ABS). Herbert-ABS will offer leading edge loading and salvage analysis software packages as well as software design tools to the maritime and offshore industries.  Herbert-ABS will own, market and...

Subsea 7 and Eidesvik Offshore ASA have entered into a contract for 8 years for a new subsea IMR vessel. Total contract value is exceeding NOK 1 billion.  As a result of this Eidesvik Offshore has entered into a contract with Ulstein Verft AS for building one Subsea IMR vessel with X-BOW design (SX148)....

Keppel FELS Limited has secured a contract worth approximately USD380 million from Transocean Offshore Deepwater Holdings Ltd, a subsidiary of Transocean Ltd. , to build two high-specification jackup rigs based on the KFELS Super B Class Bigfoot design. The rigs’ deliveries are scheduled from 2H 2012 onwards.  As part of the agreement, Transocean has...

FMC Technologies, Inc. has nnounced that it has signed a three-year frame agreement with ConocoPhillips Indonesia Inc. Ltd for the manufacture and supply of subsea production equipment. The contract includes an immediate USD 57 million call-off and is expected to result in approximately USD 96 million in total revenue to FMC Technologies if all of...

SBM Offshore has announced that it has signed a long-term cooperation agreement with Mitsubishi Corporation (Mitsubishi) to jointly pursue FPSO lease and operate projects worldwide, subject to pre-existing agreements of each of the companies. Mitsubishi will be an equity partner with SBM Offshore for the ownership and operation of FPSOs. SBM Offshore will be responsible...

ClassNK announced that it had established a new Natural Resource & Energy Development Project Team as part of a wider effort to expand its presence in the offshore sector. The class society, which revealed last month that nearly 20 million gross t joined its register in 2010, had previously focused primarily on the maritime side...

A frame contract for inspection, maintenance and repairs of subsea installations and pipelines has been awarded by Statoil to Subsea 7. The estimated value of the contract is approximately NOK 2 billion, including options. “With increased focus on lifetime extensions and opportunities for enhanced oil and gas production by using existing infrastructure, there is...

As operator of several licences Statoil has awarded a contract to Transocean for use of the semi-submersible Transocean Leader rig for drilling in Norway. Plans call for the rig to be used for production and exploration drilling on the Norwegian continental shelf during the contract period.  Jon Arnt Jacobsen, chief procurement officer in Statoil,...