Power and automoation group ABB has won contracts worth more than US$20 million to supply electrical power and propulsion systems for two next-generation offshore vessels. The first vessel, of ULSTEIN SX165 design (pictured), is being…
A McDermott International, Inc. subsidiary has signed a lease agreement with the Mississippi Development Authority and the Mississippi State Port Authority for the exclusive right to operate a spoolbase and marine operations base in the Port of Gulfport…
New Orleans-based Harvey Gulf International Marine Inc. has sold its towing division to Houston-headquartered Signet Maritime Corp. Through the deal, Signet will acquire eight offshore towing vessels (OTVs) ranging in size from 75 metric tonne (t) to 153t bollard pull…
GAC Russia is upgrading its supply base at the port of Novorossiysk to support offshore oil & gas exploration and extraction in the Black Sea. GAC Russia has already signed contracts to provide supply base support for operations from Novorossiysk on the northeastern Black Sea coast…
Bermuda-headquartered Teekay Offshore filed a letter of intent to acquire Norway-based Logitel Offshore Holdings Ltd., the company announced in its first quarter results released on 15 May 2014. The acquisition, Teekay said, should close in 3Q 2014…
Monaco-based Compagnie Maritime Monégasque S.A.M. (CMM) took delivery of a Damen Platform Supply Vessel (PSV) 3300 in late April. The 80m, 3300t deadweight vessel CMM Gravity was built at Damen Shipyards Galati in Romania, and will be…
Royal Boskalis Westminster N.V. announced at the Offshore Technology Conference in Houston that it has started a study into a new ultra large V-class Heavy Marine Transport Vessel (HTV). Dockwise Vanguard, which came into service early 2013…
Redline Communications Group Inc., a provider of mission-critical wireless networks, announced that it has received a US$1.6 million contract to deliver a marine communications network based on the recently announced RAS Extend Marine product…
Petrobras began production from its P-62 platform at the Roncador field, in the Campos Basin, off Brazil, the company announced on 12 May. The 111sq km Roncador field is located in a water depth of 1800m and is divided into four modules with differing API densities…
On Saturday, 10 May 2014, at 2 p.m. local time (10 p.m. Friday EDT), the hybrid remotely operated vehicle Nereus was confirmed lost at 9990m (6.2mi.) depth in the Kermadec Trench northeast of New Zealand. The unmanned vehicle was working…
Kongsberg Maritime provides this video on how its maritime solutions enable staff to control the GDF Suez Neptune LNG carrier. The DNV-classed Neptune, managed by Höegh LNG Fleet Management AS, was built by Samsung Heavy Industries and delivered to GDF Suez 3Q 2009…
Höegh LNG Holdings Ltd. has signed a letter of intent (LOI) with Egyptian Natural Gas Holding Co. (Egas) for the use of one of Höegh's floating storage and regasification units (FSRUs) – currently under construction at Hyundai Heavy Industries…
Subsea specialist ROVOP has announced that it will take delivery of five new remotely operated vehicles (ROVs), representing an investment of £17million (approx. US$28million). The ROVs include two UHD-III’s, which are the most advanced heavy-duty work-class vehicles in the market…
Norwegian drilling contractor Norshore is to carry out top hole drilling in the Malikai field in Malaysia as part of a contract with Sabah Shell Petroleum Company, Far Frontier Energy Sdn. Bhd. Norshore said the contract was a breakthrough…
DNV GL has launched a JIP to assess how hybrid power concepts used in the maritime industry could be used in the offshore oil and gas sector. Hybrid power concepts use batteries in combination with traditional power generation equipment…