Kongsberg Maritime AS has signed an agreement to sell its underwater technology subsidiary company Hydroid, Inc. for $350 million to shipbuilder Huntington Ingalls Industries (HII). In conjunction with the transaction, HII and Kongsberg Maritime…
OSM Maritime Group, the provider of full service solutions to the Offshore and Maritime Industry, announced that it has appointed Tommy Olofsen as the Chairman.Tommy will in his new role, in addition to his current responsibilities, be responsible for strategic development…
Alternative direct lender AURELIUS Finance Company has provided financing to support the buy-out of emergency management and offshore decommissioning company Ardent from co-owners Svitzer, a global towage operator, and Crowley Holdings, a holding…
Canadian based Horizon Maritime announced it has taken delivery of the newly rebranded support vessel Horizon Arctic, paving way for the establishment of its new Norwegian operation.The former Bourbon Arctic, now sailing under the name Horizon Arctic…
Danish-based Semco Maritime has been awarded a 5-year service contract for the Deutsche Bucht offshore wind farm, owned by Northland Power. Alongside, Semco Maritime doubles staffing at offshore centre in Norddeich due to increasing activity…
Saudi Aramco and partners Lamprell, the National Shipping Company of Saudi Arabia, and Hyundai Heavy Industries, announced on 30 December, 2017, the official launch of their International Maritime Industries (IMI) joint venture. When fully operational in 2022…
Semco Maritime to participate in the preparation (hook-up) of Maersk Oil UK’s Culzean high-pressure, high-temperature gas field in the UK sector of the North Sea. The production units for Culzean, which is 240km east of Aberdeen, are due to arrive from Singapore in the summer of 2018…
Global Maritime, a provider of marine warranty, dynamic positioning and engineering services to the offshore sector, has appointed Egil Kvannli as its new chief financial officer (CFO). Kvannli, who will take up the role with immediate effect…
Global Maritime Consultancy & Engineering completed a suitability survey for the world’s second largest semisubmersible, the Xin Guang Hua, in advance of her maiden voyage. For the survey, Global Maritime carried out an independent assessment of all aspects of the vessel’s condition…
Speed is of the essence on some projects and that’s just what SAL Offshore faced offshore Alaska. Elaine Maslin reports. MV Svenja installing the monopod. Photos from SAL Offshore. SAL Offshore had to mobilize…
UK-based Global Maritime Consultancy & Engineering has completed an offshore deadweight survey and inclining experiment at the same time as ongoing drilling operations for Seadrill’s deep water semisubmersible drilling vessel West Pegasus…
Bergen Group terminated a deal with Semco Maritime to sell the company’s yard facility just before closing occurred. The deal was announced on 13 April 2015 and the transaction was subject to final closing no later than 30 April 2015…
Hess Corp. began production from the Tubular Bells field, located in the Mississippi Canyon area of the deepwater Gulf of Mexico. The Tubular Bells floating production facility. From Hess…
The National Offshore Safety Advisory Committee (NOSAC), sponsored by the US Coast Guard, will meet on 18-19 November in Houston. Topics on the agenda include diving safety; OSV purpose and offshore workers; and training of personnel…
Noble Energy awarded Nordic Maritime a US$70 million, five-year contract for its DP2 IMR subsea vessel, Mokul Nordic. Mokul Nordic. From Nordic Maritime. The vessel will be performing…
