The offshore market is becoming of increasing importance to Finnish suppliers, partly because of the current downturn in traditional shipbuilding orders. Finnish companies have a wealth of offshore-related niche expertise from ice management to automatic welding for shipyards…
Höegh LNG has received commitment letters from five international banks for a $299 million limited recourse facility for the financing of the LNG floating storage and regasification unit (FSRU) and mooring system to be located offshore Labuhan Maringgai…
Oceaneering International has been subcontracted by Saipem to supply umbilicals for the Burullus West Delta Deep Marine (WDDM) Phase IXa development offshore Egypt. The order is for 10 subsea production control umbilicals totaling approximately 84 kilometers (52…
MacGregor offshore winches have been specified for 22 new anchor handling tug supply vessels (AHTSVs) under construction at three Chinese shipyards for several international owners MacGregor, part of Cargotec, has secured new offshore winch contracts from three Chinese shipyards…
Gilbralter-base shipyard Gibdock has completed a refit of the seismic vessel WG Cook for WesternGeco. WG Cook is one of six 12-streamer 3D seismic ships delivered to the owner in 2010. The 19-day project was completed on time and with…
Hercules Offshore, Inc. announced that it has entered into an agreement for the sale of eleven inland barge rigs, which includes three active rigs, eight cold stacked rigs, and related assets ('Inland Asset Package') for cash proceeds of approximately $45 million…
Newly founded IRM group Harkand has announced plans to buy Gulf of Mexico business Veolia Marine Services (VMS). The deal would add 150 onshore and offshore staff, based out of Houston, three dynamically-positioned multi-purpose vessels (MSVs)…
Aberdeen-based Bibby Offshore recently completed hyperbaric evacuation trials on its DSV fleet, which includes the Bibby Sapphire, Polaris and Topaz. Bibby is the first company to carry out this procedure on its entire fleet and the only…
Cargotec's MacGregor has received a EUR 22 million (US $28,369,261) order to deliver a 900-tonne active heave-compensated (AHC) MacGregor subsea crane to the South Korean shipyard, Hyundai Heavy Industries Co Ltd. The crane will be installed…
Oil and natural gas industry operations managers, health and safety managers, as well as plant and facility superintendents and engineers face increasing liability issues created by fires and explosions, according to a white paper released by Scorpion Protective Coatings Inc…
Pemex awarded Subsea 7's Mexican joint venture its second contract for work at the Line 67 Project in the Bay of Campeche, the E&C services company announced on 14 May 2013. The contract's value is estimated at US$90 million. The scope of work includes the engineering…
Ulstein Verft delivered Blue Thunder, the fourth of six medium-sized platform supply vessels of the PX121 design from ULSTEIN to Blue Ship Invest, on Monday 13 May 2013. Owned by Blue Ship Invest, a wholly-owned company in Ulstein Group…
With construction underway on the first ever Oblique Icebreaker, research specialist Aker Arctic Technology has unveiled a new version of a unique vessel type that will bring ice management and pollution control in thick, first-year ice to a new level…
MacGregor, part of Cargotec, has developed an offshore crane featuring three-axis motion compensation to carry out installations, repairs, maintenance and general service duties in the renewable energy and oil and gas markets A 74m infield…
GE’s Power Conversion business has announced the launch of a new supervisory system designed for remote monitoring and diagnostics of its drives, machines and control systems operating in the field. Visor Asset Management system improves GE’s unique integrated marine systems solution…
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