Oceanteam Wins Offshore Renewable Contract

Thursday, February 14, 2008
Oceanteam ASA announced that it had signed a contract with BARD Engineering GmbH for Inter Array Cable Installation Services associated with the BARD Offshore 1 Wind Farm, due for installation in 2009 & 2010. The contract will be executed in Q2 / Q3 - 2009 and Q1 / Q2 - 2010. The commercial terms between the parties remain confidential. The BARD Offshore 1 Wind Farm, consists of a 80 inter array cable installation and trenching programme with 30 WTG's in 2009 and 50 WTG's in 2010. The contract will be executed with the CLV Team Oman and Oceanteam trenching TROV OceanJet 900. The estimated contract value is Euro 24 million.
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Legal

Qatar Navigation Absorbs Balance of SocGen Gasships

Qatar Navigation (Milaha) said on Thursday its unit Qatar Shipping Company had acquired the remaining 60 percent interest in two firms which own Liquefied Natural

GasLog Partners To Buy Three Vessels

GasLog Partners LP and GasLog Ltd. announced today the closing of the Partnership’s acquisition from GasLog of 100% of the ownership interests in the entities

Petrobras hands over Campos basin stake to PetroRio

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