Our Maritime Business Magazines

Topaz Energy and Marine subsidiary DMS has been awarded a five-year vessel contract with five one-year options estimated to be worth USD 48 million including the option period. Under the contract, the offshore support vessel Topaz Shaheen will serve as a standby support vessel for Maersk Oil Qatar in the Al Shaheen Field in...

Oil & gas engineering company, Technip, has been awarded a contract by Enbridge Offshore Facilities for the development of the Walker Ridge gas gathering system in the Gulf of Mexico, at a water depth of 2,130 m. It covers the engineering, fabrication and installation of 270 km of steel catenary risers and pipelines, as well...

South Korean shipbuilder, Daewoo Shipbuilding and Marine Engineering (DSME), has announced that it has been awarded a drillship order by a South Korean consortium led by the state-run Korea National Oil Corporation. The vessel measures 100 m in length and 40 m in width, and has a maximum 6,000-m drilling depth capacity. The vessel...

Technology provider Deep Casing Tools has announced the launch of its revolutionary five inch completion tool with a world first succesful application. The Aberdeen-based Deep company’s new Turborunner independently-powered high-speed tool was deployed for CNR International in a horizontal application offshore central North Sea. The Turborunner is a unique completion-compatible reaming tool that aids first time...

Siemens Industrial Turbomachinery from Hengelo, the Netherlands, has secured an order with ConocoPhillips Petroleum Company UK Limited for the supply of a compressor unit for offshore gas extraction. The multimillion-euro order is part of the recently approved Jasmine Development in the UK central North Sea. The compressor unit will enable the recovery of low...

Risk management studies carried out by DNV will be crucial to the safety and public acceptance of the carbon dioxide logistics hub being developed through the Rotterdam Climate Initiative. The project will involve port and offshore infrastructure development, along with a range of transportation solutions, which could eventually service many of north-western Europe’s greenhouse gas reduction...

Acergy S.A.  and Subsea 7 Inc. have announced that the combination between the parties is expected to be completed on 7 January 2011. After completion the new company will be known as Subsea 7 S.A. and the restated Articles of Incorporation approved by Acergy’s shareholders on November 9, 2010 and the appointment of the new Board...

STEP Offshore, a wholly-owned subsidiary of Aker Solutions, has won a contract from South Korea’s STX Offshore & Shipbuilding Co., LTD (STX) to supply equipment for a new, dynamically positioned ultra-deepwater Globetrotter-class drillship. The owner of the ship is Noble Corporation (NYSE: NE). The company will supply equipment for mud mixing, circulation and transfer, bulk...

IHC Merwede  announced that it has  secured assignments for vessels and equipment in its core markets of dredging and offshore to the value of EUR 500 million. This further reinforces the group’s belief that there will be continued demand for its innovative vessels, advanced equipment and life-cycle support. The latest projects agreed and confirmed...

Tyne based McNulty Offshore Construction Ltd has won a contract valued at 4 million pounds  to 6 million pounds from the UK National Renewable Energy Centre (NAREC). This example indicates the increasing involvement of UK companies in the offshore wind industry. McNulty will provide pre-construction services for the proposed offshore monitoring platform at their offshore...

Classification society ABS announces the release of a Guide for Building and Classing Offshore Wind Turbine Installations, the first Guide to address design considerations for the bottom founded support structure of an offshore wind turbine situated in tropical storm prone areas on the US Outer Continental Shelf (OCS) such as the Gulf of Mexico...

Stingray Geophysical Limited  was named winner of the 2010 Team Award for its Stingray FosarDeep Team entry at the Institution of Engineering and Technology (IET) Innovation Awards ceremony in London”. Judged by a panel of engineering experts, the IET Innovation Awards celebrate excellence and innovation in the engineering, science and technology industries in a ...

The oil & gas industry technology facilitator ITF  announced the technology challenges that its membership of global operator and service companies want to see tackled as a priority in 2011. The organisation tasked with driving new game changing technology solutions also revealed ambitious plans to increase its international reach by opening new bases in key...

FPSO P-57 started its first oil production on 17 December 2010 on the Jubarte field offshore Brazil in the Campos Basin. This major project milestone marks the final delivery and hand over of the FPSO to Petrobras and has been reached two months ahead of schedule. The initial contract for the supply of the newbuild...

AnTech Ltd announced that it has completed two successful drilling operations with the Colt technology, a coiled tubing drilling (CTD) bottom hole assembly (BHA) designed for the re-entry and thru-tubing markets. The Colt technology withstood the rigors of the punishing vibration produced when drilling with aerated fluids, while responding promptly to changes in direction and...

Statoil and Petrobras have struck oil on the Indra prospect. Petrobras is operator for licence BM-ES-32, where the discovery was made; Statoil holds a 40% stake. The exploration well at a depth of 2,130 m revealed both oil and reservoir quality are good. The reservoir thickness is approximately 70 m and is of good quality. The preliminary...

RBG has won the accolade for innovation and technology at the annual NOF Energy Awards. The award recognises organisations that encourage innovation and the use of new technology to drive business forward. The achievement also identifies the company that has launched the best new product or service within the last year. RBG was named...

Offshore service vessels (OSV) are becoming larger, more specialized and technically sophisticated as a result of the rising demand for more complex deepwater field developments, including the Gulf of Mexico. Currently, there are some 2,500 OSV worldwide, with a steady growth projected from now through 2020. “All this has led to an expanded definition...

Wärtsilä Ship Design Norway has, in cooperation with Sartor Offshore, developed the design for a new multipurpose standby vessel that will service Statoil’s offshore installations in the North Sea, for a contractual period of ten years. “We are proud that Statoil have chosen our design for the new vessel, which in addition to standby...

International oil services, engineering and construction company Aker Solutions has decided to cultivate its core businesses by creating three separate companies. The new streamlined entities have a clear ambition to grow in their respective markets. The new strategic direction, which will be announced at the company’s capital markets day in Oslo today, is the conclusion...

Sietas is to be the first German shipyard to develop and build a jack-up vessel used for offshore wind farm installation. The order, which was signed today in Hamburg, comes from Dutch-based marine contractor Van Oord, working on dredging, offshore and marine engineering projects worldwide. In addition, Van Oord has placed an option for a...

TDW Offshore Services AS (TDW) announced that it has carried out a record-breaking 27 pipeline isolation operations with its SmartPlug pipeline pressure isolation technology this year. By the end of 2010, TDW anticipates that it will have completed at least 30 operations, the highest in company history. The primary benefit of TDW’s SmartPlug pipeline...

Rolls-Royce has won an order to provide the design, propulsion systems and deck machinery for four UT 755CDL platform supply vessels, designed specifically for supplying equipment to deepwater oil and gas platforms. The order from Tidewater, with options for a further four identical vessels, is worth over GBP 20 million to Rolls-Royce. The vessels...

In November 2010, Seatronics placed an order for thirteen upgrades of their SeaBat 7125 ROV versions to the new SeaBat 7125 ROV2 version. Included in the order is also an upgrade of sixteen SeaBat 8125 systems that will be upgraded to the SeaBat 8125 Hybrid version. Besides the investment in high-end shallow and mid water...

Last week, IHC Engineering Business celebrated the fact that the J-lay tower after three years of hard work, skill and dedocation  was succesfully raised to ist vertical operating position from the deck of the Saipem FDS2 vessel.  “The pipelay tower is designed and built for energy giant Saipem and now stands 65m tall above the deck...