Signs Deal News

North Star has secured a contract with energy utility giant EnBW to deliver a new hybrid-electric service operations vessel (SOV) on a decade-long minimum charter to service the He Dreiht wind farm off the coast of Germany.The agreement marks the company’s first offshore wind move outside the UK market, a milestone mark in its ambitious European growth strategy to add 40 new SOVs to its fleet by 2040.The newbuild is of VARD 407 design which has been tailored to meet EnBW’s specific…

Spain's Freire Shipyard won a contract from the Briggs Marine for the design and construction of a new Maintenance Support Vessel to support Briggs’ ongoing contracts for the inspection, servicing and replacement of navigation marks and heavy inshore moorings, operating as required with an attendant onboard diving team. The new building, which is schedule for delivery in 2024, is 40m long with a diesel-electric DP-2 propulsion system. The ship will be designed to have excellent…

 Saudi Arabia's defense ministry signed a memorandum of understanding (MOU) with Spanish state-owned Navantia company on Wednesday to build multi-mission combat ships for the Saudi Navy, the Saudi state news agency (SPA) reported early on Thursday."The MoU aims to raise the level of readiness of the Royal Saudi Naval Forces to enhance maritime security in the region, and protect the vital and strategic interests of the Kingdom of Saudi Arabia,"  it said.According to the agreement, the Spanish company "would localize up to 100% of naval shipbuilding, integration of combat systems, and ship main

SAAM Towage Canada and Coast Tsimshian Enterprises Ltd. have signed a strategic alliance agreement covering access to education, training, employment and towing services.The agreement is effective immediately. Through this long-term alliance, SAAM Towage Canada will provide towage, ship-docking and ship escort services within the traditional territory of the Coast Tsimshian, including the Port of Prince Rupert and Port Edward. Additionally, the alliance will establish long-term sustainable benefits for Lax Kw’alaams and the Metlakatla First Nation and provide access to education…

Oil major Royal Dutch Shell's clean energy unit will provide renewable energy credits (REC) to oilfield firm Baker Hughes' facilities in United States for a two-year period, the companies said on Wednesday.

Offshore wind developer Atlantic Shores Offshore Wind -  a U.S. joint venture between Shell and EDF, has signed a memorandum of understanding (MOU) with six unions operating in New Jersey as part of its bid submission, "committing to help develop and employ a productive, safe, well-trained local workforce."The company in December 2020 submitted its bid to the New Jersey Board of Public Utilities to supply the state with up to 2,300 MW of renewable wind energy. New Jersey seeks to award between 1…

DESS Aquaculture Shipping AS signs contract with Logimatic for SERTICA Fleet Management. With DESS Aquaculture Shipping AS joining the family, Logimatic adds another Norwegian company to their customer database. SERTICA is a technical Fleet Management Software providing an overview of an entire fleet. It is designed to secure a stable communication and data management between the main office and the vessels. It aims to optimize internal processes in relation to maintenance, procurement, HSQE and performance.DESS Aquaculture Shipping AS has a total fleet of 12 AQUA Vessels.

Damen Shipyards Group signed a contract with the Port Authority of Jamaica (PAJAM) for the delivery of a Utility Vessel 3911. The vessel will be used by Damen’s client for buoy-laying and maintenance support operations in the ports of the island nation.Damen has a long relationship with PAJAM, stretching back to the 1990s, when the port authority placed orders with Damen for two Stan Tugs 2909. This was followed, more recently, by orders for two Pilot Vessels 1605.The UV 3911 is a 39.4 x 10.8 meter vessel built to facilitate a crew of twelve.

Repsol signs supply deal for Brittany Ferries' new LNG ship* Spanish energy company Repsol has signed an agreement with Brittany Ferries to deliver liquefied natural gas (LNG) to its Spanish operations, it said on Friday.* Under the agreement, Repsol will install a fixed quayside LNG storage and supply system in one of Brittany Ferries’ two Spanish ports - Santander or Bilbao. Repsol will then supply LNG bunker fuel to Brittany Ferries’ new LNG-powered cruise ship Salamanca during…

Sri Lanka on Wednesday signed an agreement with a subsidiary of U.S.

I-Tech AB, the Swedish developer of the bio-repellent antifouling ingredient Selektope, has signed a supply agreement with a Japanese paint manufacturer representing the largest ever single order of the technology to-date. The large volume order was placed by Japanese paint manufacturer Chugoku Marine Paints (CMP) as part of a long-term supply agreement between I-Tech and CMP to support the growth of CMP’s Selektope-containing antifouling product portfolio. The supply agreement…

Angola LNG (ALNG) and Vitol, the world’s largest independent energy dealer, have entered into a multi-year LNG sales agreement. Under the agreement, ALNG cargoes will be delivered to Vitol at destinations around the world. Commenting on the sales agreement, Artur Pereira, CEO, Angola LNG Marketing Ltd, said: “This sales agreement is an important step for Angola LNG and demonstrates our ability to respond to the needs of our customers and the market. Pablo Galante Escobar, Head of LNG, Vitol, said; “We are delighted to have entered into this agreement with Angola LNG. Angola LNG is a $10bn development between state oil company, Sonangol, and energy majors Chevron, BP, ENI and Total, which started up in 2013.

Kalmar, part of Cargotec, continues its long-term cooperation with DP World Australia, the country's largest stevedore, with orders of 38 new machines for its new logistics arm, DP World Logistics Australia. The orders include 7 Kalmar reachstackers, 11 loaded and 20 empty container handlers. 22 units have successfully been delivered to DP World Logistics Australia's Botany Intermodal terminal with the remaining equipment to be delivered by September 2017. The order was booked into Cargotec's 2017 first quarter intake. The new machines add to DP World Australia's existing fleet of Kalmar rubber-tyred gantry cranes (RTGs), straddle carriers and terminal tractors and will serve operations in Sydney, Melbourne, Fremantle and DP World Australia's semi-automated terminal in Brisbane.

Mitsui O.S.K. Lines, Ltd. today announced a plan to acquire a 5% share in Seajacks International Limited (Seajacks) Group, which owns and operates five Self-Elevating Platform vessels(*1), from Marubeni Corporation. This is a new offshore business for MOL, following FPSO(*2), FSRU (*3), shuttle tanker (*4), and subsea support vessel (*5). It is also the first step to move into the renewable energy business field through involvement in installation of offshore wind power generation systems, which is expanding in Europe and other areas around the world. MOL continually contributes to environmental protection in areas and ports worldwide…

Shipbuilder Fincantieri and the University of Rhode Island (URI), on behalf of its International Engineering Program (IEP), has signed an agreement establishing the beginning of mutual collaboration to develop academic and cultural interchange. The agreement, of an initial duration of three years with renewal possibility, will begin in the first half of 2017 and will be dedicated to both undergraduate and graduate students from URI. In particular, Fincantieri will consider the insertion of some of the most skilled students from the faculties of mechanical, electrical and electronic engineering of the American university, in an internship program to be held at its premises in Italy.

Total SA has signed an agreement to supply liquefied natural gas to ENN Energy in China, according to a news release on the French energy company's website. The deal is for 0.5 million metric tons of LNG per year for a period of 10 years and will be delivered from the company's facilities. Total didn't specify which projects if would source the product from but it has offtake from Australia's Ichthys project, geographically close to China. The deliveries will be sourced from Total’s global LNG portfolio, and they are expected to begin in 2018 upon completion of ENN’s Zhoushan LNG receiving terminal. “Building partnerships with new LNG buyers, such as ENN in China, allows us to grow our presence in this key LNG market,” said Laurent Vivier, president of Total’s gas division.

Vigor signs deal for largest floating drydock in the United States. Vigor Industrial has reached an agreement with Daoda Marine Heavy Industry Company (DDHI) to purchase a new floating drydock for $40 million. At 960 feet long, with an inside width of 186 feet and a lifting capacity of 80,000 long tons, it will be the largest floating drydock in the United States. “We decided now is the time to buy because demand to service large vessels is growing and large drydock capacity in proximity to the US West Coast has diminished,” said Vigor Industrial CEO Frank Foti. The new drydock, set to be stationed in Portland, will be 300 feet longer than the largest drydock Vigor currently owns. It will be one and half times wider and will be able to lift more than triple the weight.

Aberdeen-based project management and development engineering specialist EPC Offshore has signed an agreement with Total E&P UK Ltd. (TEP UK) to provide support services at its natural gas and condensate discovery in the Atlantic. Edradour, located in Block 206/4 of the U.K. Continental Shelf, is expected to start pumping in 2016, will be linked to the $3.3 billion Laggan/Tormore development west of the Shetland Islands. EPC Offshore will provide project management services for the development as part of a six month contract worth in excess of £260,000.

Italian oil and gas group Eni said it signed a deal to explore for hydrocarbons in the Republic of Congo's coastal basin, expanding its foothold in sub-Saharan Africa's No. 4 oil producer. At a signing ceremony in capital Brazzaville, new Eni Chief Executive Claudio Descalzi signed the deal for onshore and deep-water exploration acreage with Energy Minister Andre Raphael Loemba, the company said in a statement on Sunday. Eni could not immediately be reached to provide any further details. The Italian oil major, which has been active in Congo since 1968, said in February it had discovered fields with estimated reserves of 1.2 billion barrels of oil and 30 billion cubic metres of gas in Congo's Marine VII offshore block.

Kongsberg Oil & Gas Technologies (KOGT) signed an agreement to supply a flexible risers and umbilicals installation system for the ‘Capstan Reel Installation System’ (CRIS), to the Offshore Installation Group (OIG). The patented CRIS design simplifies the subsea installation process, enabling a reduction in installation time and risk, which translates to significant cost savings. The CRIS is a sophisticated new product that will address the risk, safety and cost factors of offshore installations as production moves to deeper waters, further offshore.

Belships has entered into a sale and leaseback agreement with a Japanese counterpart for the ship M / S Belforest. Belforest, 61,000 dwt Ultramax bulk carrier is currently under construction at Imabari Shipbuilding in Japan and will be delivered around 25 September 2015. The ship will at time of delivery be sold and leased back for a period of 12 years with purchase options from year 3 onwards. The transaction is considered as a financial lease and will not have any material impact on the financial figures. Compared to alternative loan financing offer published in the report for 2nd quarter, the transaction will improve Belships cash balance with about USD 4 million at time of delivery.

The SINOPACIFIC Shipbuilding Group signed a newbuilding contract of 4 SPP35 platform supply vessels (PSV) and a Letter of Intention of 2 large SPP50 PSVs with SLOK Nigeria Ltd. The six vessels are scheduled to be delivered by the end of 2014. This marks the first time that independently designed offshore supply vessel (OSV) products of SINOPACIFIC direct selling to the African market, signifying the growing maturity and acceptance of the SP brand within the market. Over the past two years, SINOPACIFIC has successfully sold 20 similar vessels. Reportedly, the two newly contracted types will be built at SINOPACIFIC’s Dayang Shipyard. “Dayang has been focusing on efficiently building bulk carriers.

UK-based 'Survival Craft Inspectorate' signs deal to provide for Qatar's onshore & offshore energy sector LS equipment needs. Survival Craft Inspectorate has signed an agreement that will see it establish an operational presence in the Middle East for the first time. The UK-based business has established formal links with Qatar-based IRM Offshore Services in the latest extension of its network of international bases. Senior figures from Survival Craft Inspectorate travelled to Doha to sign a memorandum of understanding with IRM counterparts in the presence of H.E.