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
Vard Holdings Limited said a design developed by its subsidiary Vard Marine was selected for the U.S. Coast Guard’s new Offshore Patrol Cutter (OPC) program. Eastern Shipbuilding Group and team partners were selected for the detailed design and construction phase for the U.S. Coast Guard’s Offshore Patrol Cutter (OPC) program. Vard Marine President and CEO Dave McMillan commented, “We look forward to completing detailed development of the VARD 7 110 design that formed
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
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.
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
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
Royal Boskalis Westminster N.V. said it has been awarded a contract by DONG Energy Wind Power A/S for the transport and installation of the foundations for a part of the Hornsea Offshore Wind Farm Project One. The entire wind farm will generate a total capacity of 1
Designer and builder of specialized vessels Vard Holdings Limited announced its financial results for the third quarter ended September 30, 2016 (3Q 2016) and nine months ended September 30, 2016 (9M 2016). VARD said its diversification strategy is continuing to yield promising
The International Energy Agency states that 2.5% of global electricity demand is today provided by wind power—and that figure is set to grow by 42% through to 2021. In Europe alone, according to the 2016 report from the European Wind Energy Association (EWEA)
Royal IHC has announced they have signed a contract with Shanghai Salvage in China for the supply of an integrated 550t Reel lay system. This will be the first Reel lay system in the Chinese market and will be one of the largest and most sophisticated Reel lay systems worldwide.
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
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
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
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
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
Austal Limited has attended the first forum hosted by the Government of Western Australia’s new Innovation Minister, The Hon. Bill Marmion MLA, in preparation for the State’s first Innovation Summit, to be held in Perth on July 28, 2016.
The Port of Port Elizabeth is home port of a third ship to be registered on the South African Ships Register. This marks another step in South Africa’s drive to become a recognized Maritime Nation in line with the government’s Operation Phakisa initiative which aims to unlock the
NOIA President Randall Luthi released the following statement after the House of Representatives passed the 2017 Interior and Environment Appropriations bill: “NOIA applauds members of the House of Representatives for passing the first Interior and Environment Appropriations bill since
Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of specialized vessels stated that a design developed by its subsidiary Vard Marine has been selected for the US Coast Guard’s new Offshore Patrol Cutter (OPC) program.
Petroleo Brasileiro SA, Brazil's state-run oil company, as of 2017 will begin seeking offers for the construction of six new offshore oil platforms envisioned in current investment plans, according to a newspaper interview published Sunday.
When the U.S. Coast Guard’s first new Offshore Patrol Cutters (OPC) is put to sea in 2021, it will be powered by diesel propulsion engines manufactured in Beloit, Wis., by Fairbanks Morse. The OPC will “provide a critical capability bridge” between the National Security