Aker Solutions wins three year Total E&P UK & J/V partner Dong E&P UK contract for work on Shetland, Scotland, LNG plants on & offshore.The agreement includes provision of operations, maintenance and services support personnel for Total E&P UK at the new gas plant…
Helix Energy Solutions Group to sell pipelay vessels, 'Caesar, Express', 'Intrepid' & related equipment in separate transactions for a total $252,750,000.On October 15, 2012, Helix entered into an agreement to sell the Caesar, Express and…
GL Garrad Hassan signs MOU with Taiwanese Industrial Technology Research Institute to develop Taiwan's offshore energy strategy.The offshore wind resource around the Taiwanese coast is considered excellent, with more than 6,000MW potential capacity at water depths of less than 50m…
Mercury Computer Systems' subsidiary KOR Electronics gets a US Navy 5-year basic sole source orderiing agreement (BOA).This BOA supports the continued development of state-of-the-art techniques and target generation capabilities in conjunction…
MTU Friedrichshafen GmbH & Spanish repair shipyard Marina Barcelona 92 (MB92) agree cooperation on work and refit of MTU yacht engines.The agreement establishes technical and commercial relationships between both parties to carry out…
Rosneft CEO Igor Sechin and Eni CEO Paolo Scaroni have met to discuss the progress of joint projects between the two companies offshore Russia in the Black Sea and Barents Sea, sanctioned in the strategic cooperation agreement signed on 25 April 2012…
KPI Bridge Oil, a global bunker broker and trader has appointed Mrs. Christel McLoughlin as Director of Risk Management products. Christel will be based at KPI Bridge Oil’s Headquarter in London.Christel McLoughlin who is a French national…
The German KfW IPEX-Bank evaluates energy efficiency of its merchant shipping portfolio, sees EEDI a key indicator of economic advantage.KfW IPEX-Bank, one of the largest ship financing banks in the world, has evaluated together with FutureShip…
Several Greek coastal shipping firms have resorted to chartering their ferries on foreign routes in order to secure some liquidity and continue operating.Companies believe that their smooth operation is being threatened by the negative course…
Ocean Rig UDW Inc. sign contract for Samsung Heavy Industries to construct a 7th Generation Ultra Deepwater (UDW) Drillship.This 7th Generation drillship is a sister ship to the three currently under construction at Samsung, and is scheduled to be delivered to the company in January 2015…
Wärtsilä wins contract to supply AQUARIUS® UV ballast water management systems to four Tidewater Marine Platform Supply Vessels (PSV).The scope of supply for the vessels, due for delivery from the COSCO (Guangdong) Shipyard in 2014, includes four 250m3/hr capacity Wärtsilä AQUARIUS®UV BWMS…
Recent decision by three large charterers only to use relatively energy efficient vessels attacked by bulk carrier owner's group Intercargo.Cargill, Huntsman Corporation and UNIPEC UK, who together charter over 350 million tonnes of commodities annually…
Steerprop Ltd to deliver main propulsion system for a Société des traversiers du Québec (STQ) passenger ferry to be built by Fincantieri.Steerprop Ltd. has been contracted to deliver two SP 120 ECO CRP propulsors, each with a power rating of 7 000 kW…
Ship operators Bernhard Schulte & US banking institution JP Morgan have come together to order a series of medium-size boxships in China.Zhejiang Yangfan Group will construct up to eight 2,300 teu boxships for the pair in a four plus four option deal with deliveries scheduled in 2014 and 2015…
Technip in a consortium with Offshore Oil Engineering Co. Ltd (COOEC) wins a substantial subsea contract in China.The contract, value €200 million (Technip share: around €110 million) was awarded by China National Offshore Oil Corporation…
