Royal Boskalis Westminster N.V. (Boskalis) associate company Smit Lamnalco wins Single Point Moorings (SPM) support contract from Petrofac. The contract is to support Single Point Mooring operations 20 km off the Al Fao Peninsula for the Iraq Crude Oil Export Expansion Project (ICOEEP)…
ABB wins four-year $16 million automation services contract renewal for PEMEX in Mexico.ABB wins an order worth $16 million for the renewal of a lifecycle service contract to maintain and upgrade automation equipment installed on sixteen…
TEAM Energy, an Acteon company, contracted for three years to provide Total with technical personnel for its drilling, fluids & well operations.The new contract will maintain TEAM Energy’s global relationship with Total, build on the existing…
Bollinger Marine Fabricators, L.L.C., Amelia, La., a Bollinger Shipyards, Inc. company, has delivered the OCEAN WAVE, the first of four “Ocean” class tugs, to Crowley Maritime Corporation. “We are extremely proud of our Ocean Class team and the delivery of the first in class tug…
In recent years, excess vessel capacity has been plaguing shipping markets and the resultant drop in asset values has restrained financing options for ship owners. Following the financial crisis in 2008, demand across the major shipping segments – dry bulk…
Ocean Rig UDW Inc. has received a Letter of Intent to contract one of its semi-submersible drilling rigs, “Eirik Raude”, from an oil major. The Letter of Intent is for a one-well program, with an estimated duration of up to 6 months, for drilling offshore Ireland…
Cargotec receives an order to deliver 14 Kalmar automatic stackingcranes & 14 Kalmar one-over-one shuttle carriers to DP World Brisbane Pty.The equipment will be taken into use at the Port of Brisbane. DP World Brisbane will also be using Navis Sparcs N4 TOS in their Brisbane terminal expansion…
COSCO Singapore Chinese subsidiary COSCO Qidong Offshore wins contract from Axis Offshore.The contract valued over US$200-million from Axis Offshore, a joint venture between Danish shipowner, J. Lauritzen and Norwegian private equity fund…
Transocean Ltd. to sell 38 shallow water drilling rigs to Shelf Drilling International Holdings, Ltd. for approximately US$1.05-billion.Shelf Drilling is a newly formed company sponsored equally by Castle Harlan, Inc., CHAMP Private Equity and Lime Rock Partners…
Rowan Companies exercises option to build a fourth GustoMSC P10,000 design ultra-deepwater drillship with Hyundai Heavy Industries Co., Ltd.The cost for this rig, including commissioning, project management and spares, but excluding capitalized interest…
Norway's Kværner ASA contracted to perform Edvard Grieg field (in the North Sea) offshore hook-up and commissioning assistance.Lundin Norway AS has confirmed an option in the Edvard Grieg topside contract for Kvaerner to perform the offshore hook-up and commissioning assistance…
Voith and Robert Allan sign a co-operation agreenent to implement new tug concept.Voith has teamed up with the well-known Canadian naval architecture firm Robert Allan Ltd. to develop an escort tug design – the RAVE.While conventional…
Inmarsat announce that Netherland-based Jumbo, a leading heavy-lift shipping company, is to equip its fleet with Inmarsat's service XpressLink™.Looking for high data speeds and a fixed monthly fee Rotterdam-based Jumbo has decided to equip…
Singapore Technologies Engineering’s Marine Sector wins S$179-million worth of shipbuilding and repair contracts.The contracts include a contract to build two additional Offshore Support Vessels (OSVs) as well as a series of repair and upgrading projects…
Rosneft and ExxonMobil select Vostochniy Offshore Structures Construction Yard for concept evaluation and feasibility study.The platform is needed for the safe exploration of the Kara Sea's shallow waters, with key attributes of safe operation…
