Italian shipbuilder Fincantieri is making an initial public offering to raise funds for projects and acquisitions. The company is wholly owned by Italian state lender Cassa Depositi e Prestiti (CDP). It will offer up to 38.2%, and new shares will be priced between €0…
Ceona, SURF contractor with heavy subsea construction capabilities, has been awarded a contract for work in the Oyo oilfield offshore Nigeria from CAMAC Energy Inc. The Oyo Phase One expansion project includes installation and recovery of…
Ceona has completed final outfitting of the Polar Onyx and the Normand Pacific to begin clients’ projecs in Brazil and the Gulf of Mexico, respectively. The successful delivery of the two flexlay and subsea construction vessels marks the…
Ocean Installer has been awarded its first subsea installation job in the Gulf of Mexico (GoM). The work will be on a large deepwater producing field, in more than 1800m water depth, and involves installting and testing umbilicals and associated equipment…
Ship designer and builder Vard Holdings has agreed a letter of intent with Solstad Offshore for the design and construction of a large offshore subsea construction vessel (OSCV). The contract will be the largest single vessel order in…
Solstad Offshore ASA (SOFF), through its wholly-owned subsidiary Norce Offshore Pte Ltd, has signed a contract with Chevron Offshore (Thailand) Ltd, Chevron Thailand Exploration and Production Ltd. and Chevron Pattani Ltd. (together Chevron) in Thailand using the derrick-lay barge (DLB)…
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)…
ACE Winches has appointed Rune Midtun as Country Manager of ACE Winches Norge AS. Rune joins ACE Winches from Ocean Rig where he held a variety of roles including Marine Superintendent and ultimately Project Marine Manager. Prior to his time with Ocean Rig…
New software for the offshore and shipping industries, including optimal voyage planning for safe journeys and minimum fuel consumption, are expected to emerge from a partnership agreement between Star Information Systems and weather experts StormGeo…
Norwegian technical ship and rig management services provider Star Information Systems (SIS) is establishing a permanent base in Rio de Janeiro, headed by Hans-Kristian Fjaerem. SIS customers operating in Brazil’s burgeoning offshore sector include Teekay Petrojarl…
FMC Technologies has signed a definitive agreement to acquire control and automation system solutions provider Control Systems International (CSI). Founded in 1968, CSI is headquartered in Lenexa, Kansas, and has operations in Irvine, California…
Offshore rig and vessel repair continues to produce attractive returns for yards that are well placed strategically and geographically. OE checks out the latest developments at two players – one in Bahrain, the other in Gibraltar – still relatively…
The proliferation of modern specialist vessels serving just about every sector of the offshore oil & gas business has not gone unnoticed by traditional shipping industry equipment and service providers, as was plain to see at the 2011 Nor-Shipping event in Oslo late May…
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