Vard Holdings Limited, a designer and builder of offshore and specialized vessels, said it has secured a new contract for the design and construction of one offshore vessel for an undisclosed international customer. The new offshore vessel is designed by Vard Design in Ålesund, Norway. With the hull to be constructed at Vard Braila in Romania, outfitting and delivery is scheduled from Vard Langsten in Norway in 2017. As of September 30, 2015, the group had 31 vessels in its order book, 18 of which will be of VARD’s own design.
According to an April 30 report from AOLNews.com, the White House said today it is halting all new offshore drilling in U.S. waters until there's an "adequate review" of a massive 600-mile-wide oil slick that has begun to drift into Louisiana's wetlands. British Petroleum pledged to reimburse people whose property is damaged by the spill. (Source: AOLNews.com)
Northrop Grumman Corporation's (NYSE:NOC) Sperry Marine business unit has been awarded contracts to supply bridge navigation systems for four new offshore supply vessels to be built in Brazil. The four multipurpose platform supply vessels, designed by Rolls-Royce, will be built at the Estaleiro Alianca shipyard near Rio de Janeiro for Companhia Brasileira de Offshore (CBO). They will be placed on long-term charter with Petrobras, the Brazilian state oil company
A research report estimates the value of the global mobile offshore drilling market to be US$ 48.1-billion in 2012 An excerpt from the report follows: Oil and gas production from offshore resources is of considerable importance for energy companies as existing base resources are being depleted at a rapid rate. New significant oil discoveries are becoming less common, with the majority of major finds being offshore
Siemens Wind Power has received offshore prototype certification from GL Renewables Certification (GL RC) for testing its new 6 megawatt offshore wind turbine at DONG Energy's Gunfleet Sands III demonstration project in the UK. This will be the first offshore test of this new offshore wind turbine. Morten Pilgaard Rasmussen, head of research and development at Siemens Wind Power received the Prototype Certificate from Axel Dombrowski
The European Wind Energy Association (EWEA) has published offshore wind energy statistics for the first half year of 2011, showing a comfortable 4.5% increase in installations of offshore capacity compared to the first half of 2010. 101 new offshore wind turbines, with a total capacity of 348 Megawatt (MW), were connected to the power grids in the UK, Germany and Norway during the first six months of 2011. In Europe, eleven offshore wind farms worth some 8
Saipem has been awarded new offshore Engineering & Construction contracts in the Gulf of Mexico, for a total amount of approximately $750 million. Pemex has awarded Saipem an EPCI contract for the development of the Lakach field, located 98 km southeast of Veracruz and 131 km northwest of Coatzacoalcos, at a water depth varying between 850 and 1,200 metres. The scope of work of the contract involves the engineering, procurement
Nordic American Tankers Ltd. (NAT) inform that they have created a new offshore supply vessel company, Nordic American Offshore Ltd. that has completed a $250m private placement. Earlier this month the investor market was informed that NAT was coordinating the establishment of Nordic American Offshore Ltd. (NAO). NAO, an offshore supply ship company, has now been established and NAT is its largest shareholder (26%) with an investment of $65 mill.
MAN Diesel & Turbo has launched its PA6 B Offshore GenSet (OG). Aimed at the offshore drilling segment, the new engine is specifically targeted at semisubmersible drilling rigs. The PA6 B is a four-stroke, medium-speed engine built at MAN Diesel & Turbo’s St. Nazaire, France facility from where the company has sold the engine for many years. St. Nazaire will assemble individual PA6 B OG units together with an alternator in constructing the new, offshore GenSets
NOIA President Randall Luthi Comments on Pending Departure of Interior Secretary Ken Salazar. National Ocean Industries Association President Randall Luthi today issued the following statement on the upcoming departure of Interior Secretary Ken Salazar: “On behalf of the National Ocean Industries Association, I thank Secretary Salazar for his service and wish him the best on his return to Colorado
Raytheon Anschütz Selected as INS Provider for Canada’s OFSV Thales, a major system integrator in Canada, has chosen Raytheon Anschütz as the supplier of the Integrated Navigation System (INS) for the Canadian Coast Guard’s (CCG) new Offshore Fisheries Science
Danelec Marine, along with distribution partner Elcome International, is to supply Danelec DM100 Voyage Data Recorders (VDRs) for 14 ships in the Middle East. The new VDR orders include seven new offshore support vessels (OSVs) and five tanker retrofits for an oil and ga companies based
Corvus Energy ESS powers newly christened Edda Freya, the environmentally friendly offshore construction vessel from Østensjø Rederi AS Østensjø Rederi AS has christened its new offshore construction vessel, Edda Freya
Plan makes way for first wind energy research facility in federal waters The Bureau of Ocean Energy Management (BOEM) announced its approval of the first wind energy Research Activities Plan (RAP) for a facility to be located in U.S
Leading marine service provider, Marine and Towage Services Group Ltd. (MTS) has supported shipbuilder Damen during sea trials of its latest offshore cabling vessel, Maersk Connector. During the two-week testing period, MTS Vigilant, a Damen Shoalbuster
Cathelco is supplying a ballast water treatment (BWT) system for a new offshore vessel built by Eastern Shipbuilding Group Inc., for Harvey Gulf International Marine, LLC. The Harvey Stone (Hull 234), a Rampage 6400 multipurpose field support vessel (MPFSV), with a length of 64
New capacity more than doubled in 2015 due backlog; existing projects to bring more expansion in coming years. Growth in new offshore wind capacity in Europe is to slow this year after more than doubling in 2015, an industry report said on Tuesday.
Finnish industrial engine maker Wartsila reported higher quarterly earnings on Wednesday and forecast improved margins this year, hoping growth in services would offset sluggish demand for ship technology. The company said it expected 2016 sales to be at worst unchanged to five percent higher
From the price of oil to environmental regulation, 2015 was a year of turmoil and uncertainty for the marine sector. Despite this, there were some common global trends that will define 2016. The Environment In December 2015, world leaders met at the COP21 conference to discuss climate
The crew of Coast Guard Cutter Dependable returned home to Virginia Beach, Virginia, Jan. 14 following a 40-day fisheries enforcement patrol focusing on offshore areas in the Northeast and Mid-Atlantic. Dependable operated in support of Coast Guard 5th District’s Operation Grouper
With recent type approval of an 81-meter-high evacuation system, VIKING has answered the needs of offshore fixed and jack-up rigs to handle extreme heights. Leading maritime safety equipment and servicing manufacturer VIKING Life-Saving Equipment A/S has received type approval
NOIA applauds Congressional action to lift ban on crude oil export, urges progress on proposed offshore well control rule Today, Congress passed the Omnibus Appropriations bill, H.R. 2029, which includes a provision lifting the existing U.S. crude oil export ban. U.S
Offshore energy support vessel operator Seacat Services has placed an order for up to four new vessels with local boat builder South Boats IoW. The DNV-GL class-certified next generation 23- and 27-meter catamarans have been specifically designed to cater for the changing needs of European
Singapore-listed Vard Holding sank deeper into the red as third-quarter losses widened to S$80.2 million. The losses were attributed to the dual challenge of a severe cyclical downturn in its core market, and managing the turnaround of its Brazilian operations.
Korean shipyards, operators, drilling contractors and engineering companies join ABS to develop new offshore design standards ABS, a provider of classification services to the global offshore industry, has entered into a memorandum of understanding with Korean shipbuilders Hyundai Heavy