AMC Connector AS, a Aker Solutions & Emas Offshore joint venture, has agreed to sell subsea construction & cable-lay vessel 'Lewek Connector'. In October 2010, Aker Solutions announced that it would sell its offshore construction and installation subsidiary Aker Marine Contractors to Ezra Holdings Limited (Ezra), which operates in the offshore construction market under the EMAS AMC brand name. As part of this transaction, Ezra agreed to acquire 50 percent of the shares in Lewek Connector's vessel owning company, AMC Connector AS. The divestment of Aker Marine Contractors marked the start of a restructuring of Aker Solutions, which has since streamlined the company into becoming a fully-fledged provider of oilfield products, systems and services. AMC Connector AS, which is a 50/50 joint venture between Aker Solutions and Emas Offshore Limited, is now selling the vessel Lewek Connector to vessel owning company Ocean Yield AS. Lewek Connector is being sold for a total consideration of USD 315-million, which will give a small positive result effect for Aker Solutions. The sale also provides Aker Solutions with a net cash release of approximately NOK 345 million. Aker Solutions owns approximately 7.4% of Ezra, which is listed on the Singapore stock exchange.The transaction will be completed in Q4 2012.
Global Industries, Ltd. has signed a definitive purchase agreement to acquire ETPM, SA, a leading international offshore construction company wholly-owned by Groupe GTM, the construction affiliate of French utility Suez Lyonnaise des Eaux. The combined company will be the largest offshore construction company in market capitalization with combined 1998 revenues of approximately $1.3 billion. ETPM provides a full range of turnkey services, including design, procurement, fabrication
COSCO (Zhoushan) Shipyard contracted by Malaysian owners to build a floatover launch barge for the offshore construction industry. The contract has a value of over US$ 23-million. The floatover launch barge will measure 10.00 meters high, 46 meters wide, 160 meters long and will be capable of transporting & performing float over operations of offshore topside modules structures weighing up to 14,500 tons and will also be capable of launching jackets up to 20,000 tons.
Global Industries will significantly expand its capacity to meet operators' deepwater and reel pipelay needs in the Gulf of Mexico this December with the opening of its 625-acre offshore construction headquarters in Carlyss, La. Chosen because of its location along the 40 ft. (12.1 m) deep Calcasieu Ship Channel - the site is capable of supporting Global's deepwater fleet - and includes a pipe assembly rack that measure more than half a mile long.
Drydocks World - Southeast Asia Pte Limited, the Southeast Asian subsidiary of Drydocks World, announced that it has secured a newbuilding contract with Scottish Highlands International Inc., a subsidiary of Coastline Maritime Pte Ltd, to construct a 689-ft Ultra Large Multi-Purpose Offshore Construction Vessel. DDW-Sea operates four shipyards in Singapore and on Batam Island Indonesia providing offshore rig construction, volume shipbuilding and ship repair and conversion services
Mercator Lines, is planning to expand its business portfolio by foraying into the offshore oil exploration sector. The company is looking for global partners to form a consortium to bid for Indian offshore blocks under the forthcoming round of NELP bids, apart from overseas blocks, including some of the South East Asian and Arabian Gulf blocks. It is in talks with a few European companies, sources said. Mercator Lines
Trelleborg’s engineered products operation has completed its first oil and gas floatover project in China, supplying a range of its floatover hardware for the BoZhong (BZ) 35-2 COOEC offshore platform in Tianjin. Designed and fabricated by China Offshore Oil Engineering Company (COOEC), the platform’s specification called for hardware that guaranteed reliability and safety, and required a supplier with the highest standards and a strong track record
MacGregor, part of Cargotec, saidi it won an order for two subsea cranes from South Korean shipyard Hyundai Heavy Industries Co Ltd. The active heave-compensated cranes will have an SWL of 100 and 25 metric tons, respectively. They will be fitted on board a new 160-meter heavy construction vessel being built at the yard for global offshore specialist, Subsea 7. The MacGregor subsea cranes will support the vessel's year-round global deployment in complex deep and ultra deepwater offshore
Zhou Shouwei, Vice General Manager of CNOOC (China National Offshore Oil Corporation) and Academician of the Chinese Academy of Engineering accepted DNV’s invitation to be the chairman of the DNV Greater China Offshore Committee. The DNV Offshore Committee is the first of its kind to be organized by a classification society in China. “The objective of establishing this committee is to create a forum where senior executives from the Chinese offshore industry can meet to exchange
Technip wins a Statoil contract for fabrication, installation & tie-ins of flowlines for the Gullfaks South field development. The Gullfaks South field development is in the northern part of the North Sea, located approximately 190 kilometers northwest of Bergen, Norway, at water depths between 130 and 220 meters. The Gullfaks South project development will contribute to Statoil’s extensive initiatives on increased oil recovery and consists of two manifolds(2) tied back to the
The fleet Italian oil contractor Saipem uses to carry out its offshore construction and drilling business has been properly certified and there is no risk of any Volkswagen-like scandal, the CEO said on Tuesday. Italy's anti-establishment 5-Star Movement, the country's second-biggest party
Swedish based Trelleborg AB has finalized the acquisition of Maritime International, Inc., a U.S. based privately owned designer and manufacturer of marine fender systems and other quay accessories. The transaction will be consolidated as of October 15, 2015.
With the ULSTEIN S182 design, ULSTEIN introduces a new dynamically positioned multipurpose construction vessel suitable for shallow water operations. Main design driver was to develop a very CAPEX friendly DP vessel with good capabilities to support various offshore operations
Sea Trucks has completed sea trials of the DP3 offshore construction vessel Jascon 18 in Singapore. Jascon 18 features a 1,800-metric-ton crane, 1,800 sq m deck and a 750-metric-ton pipelay system. Capable of performing a wide variety of marine construction and pipelay tasks in both ultra
Merseyside refrigeration and air-conditioning specialist Flynn Refrigeration has landed a fresh series of deals with Norwegian shipping company Solstad The Birkenhead-based firm announced it has secured contracts to supply the Normand Oceanic and Normand Installer vessels with Bitzer
MAN Diesel & Turbo announced that its MAN 32/44 Common Rail engine family (rated power: 3,600 – 12,000 kW) has received U.S. EPA Certification, a requirement for all engines installed aboard U.S.-flagged vessels. Chuck Griffith, Sales Manager, MAN Diesel & Turbo, North America
Shanghai Zhenhua Heavy Industries Co. Ltd (ZPMC) has commissioned Siemens to equip the latest diving support vessel being built for Toisa Ltd. with complete drive and power systems. According to Siemens, the solution is designed to improve the vessel’s reliability and maneuverability
On August25, shipbuilder Ulstein Verft launched from its dock hall a special offshore construction vessel, Yno 302, for Island Offshore and Edison Chouest Offshore. The newbuild measures close to 160 meters in length with at beam of 30 meters
RINA has launched new standards for cranes which will be used for transhipment of bulk cargoes at sea and has completely revised and rebased its rules for offshore cranes used in offshore construction, service and demolition. Under the new rules for lifting appliances
Romica Engineering Ltd (REL) has signed a contract with Shanghai Zhenhua Heavy Industries Co. Ltd. (ZPMC) to provide a triple drum winch and tooling deployment A-Frame system. This will support the overboard deployment and recovery of diver tools supporting subsea work.
PETRONAS achieved another milestone with the official steel cutting of its second floating liquefied natural gas facility, the PETRONAS Floating LNG2 (PFLNG2) in a ceremony held on 11 June 2015 at the Samsung Heavy Industries (SHI) Shipyard in Geoje Island, South Korea.
Offshore construction vessel Olympic Bibby, build no. 371 from Kleven Verft, has been delivered to Norwegian shipowner Olympic Shipping. The vessel has a long term charter with Bibby Offshore, and its first job will be on the British sector of the North Sea
Kongsberg has been selected to deliver a complete Electro, Instrument & Telecom (EIT), propulsion, safety, automation and dynamic positioning package for two new Gusto NG-2500X DP II design, offshore construction Jack-Up vessels. The vessels are owned by Vahana Offshore Pte Ltd in Singapore
Ulstein Group said it achieved a “good result” for 2014, with an operating turnover of NOK 2.7 billion compared to 2013’s NOK 2.3 billion. Meanwhile, the group’s operating profit of NOK 184.1 million comes in under the NOK 317
The Van Aalst Group has introduced a new motion compensated gangway system under the brand name Safeway. Developed and built in the Netherlands, the Safeway gangway bridge makes it possible for vessels to land at a broad range of offshore constructions