Vard Wins Two Ferries Contract from Torghatten Nord
Vard Holdings Limited (“VARD”)secured contracts for the construction of two LNG powered car- and passenger ferries for Torghatten Nord in Norway. The total contract value amounts to approximately NOK 600 million. The new car- and passenger ferries are designed for environmentally friendly operations in the Norwegian fjords, with a total capacity that is able to accommodate up to 180 cars and 550 passengers and crew. The ferries of Multi Maritime MM 125FD design will measure 130 meters in length with a beam of 20.7 meters, and will have a speed of approximately 18 knots.
SS Norway OK'd To Sail
U.S. Coast Guard inspectors cleared the SS Norway to sail, a week after owner Norwegian Cruise Line was ordered to make repairs that scuttled the Caribbean vacations of 2,032 passengers. The sleek, blue-hulled Norway, built 40 years ago as the SS France for Atlantic crossings, has been berthed for more than a week in Miami but was now scheduled to depart on Sunday for a seven-day cruise of the eastern Caribbean, according to the Coast Guard and NCL Holding ASA. "Their certification to carry passengers is OK," Coast Guard Chief Sean Benson said. Coast Guard inspectors last week refused to sign off on the Norway's fire safety system and ordered NCL, to fix 106 poorly patched leaks in its sprinkler system.
Odfjell SVP Olsen Steps Down
Norway based shipping and tank terminal company Odfjell SE said its Senior Vice President Helge Olsen will step down from his role as Head of Ship Management, effective January 9, 2017. Olsen, who has been with the company since 2000, holds no Odfjell shares or options. Harald Fotland, SVP Odfjell Tankers, has been appointed to temporarily cover the position as SVP Ship Management until Olsen’s successor is in place.
Daewoo Lands $340 Million LNG Order
South Korea's Daewoo Shipbuilding and Marine Engineering said on Tuesday it had won a combined $340 million order to build liquefied natural gas (LNG) carriers from Belgium and Norway. Daewoo Shipbuilding won orders to build a $170 million LNG ship each from Belgian shipping group CMB unit Exmar and Golar LNG of Norway, a company spokesman said. Daewoo's LNG orders totaled 10 ships worth $1.7 billion so far this year, he said.
CMA CGM Inks Deal with GAC Norway
Deal to provide agency, husbandry and NOx reporting at Oslo. The Scandinavian arm of the world’s third largest container shipping company CMA CGM has signed an agency, husbandry and NOx reporting agreement with GAC Norway for its ships calling at the port of Oslo. The CMA CGM Group has a fleet of 470 vessels serving 400 of the world's 521 commercial ports. In 2015, it transported an estimated volume of 13 million TEUs and vessels from its fleet make 52 calls per annum to Oslo to load/discharge a wide range of goods carried in containers from around the world.
Statoil May Stop Drilling in US Gulf of Mexico
Norway's Statoil is considering whether to end its costly search for oil and gas in the U.S. Gulf of Mexico, the company's exploration chief told financial daily Dagens Naeringsliv (DN) on Friday. Statoil has been part of several discoveries in the region as a junior licence partner, but the company has failed to strike oil in the drilling campaigns it has operated, despite spending billions of dollars. "Even if the fields we have are paying off, the Statoil-operated exploration campaign could so far be characterised as a failure," Tim Dodson told DN.
Solstad Wins Contract with CUEL Thailand
Norway’s Solstad Offshore ASA has been been awarded a contract with CUEL Limited, Thailand for the derrick lay barge DLB Norce Endeavour in the Gulf of Thailand. According to the contract the 2011-built unit will be used for the provision of transportation and installation for Phase 4 of JDA Block B-17-01. The DLB Norce Endeavour will install 3 new wellhead platforms, 3 subsea pipelines and host tie-ins for CUEL Limited with the offshore work to start in Q3-2017 and comple in Q1-2018 with a combined forecast utilization of the DLB Norce Endeavour of around 60 days.
Skangas, Statoil Pact for LNG Reload at Klaipeda
Skangas signed an agreement with Statoil, the Norwegian oil and gas company, for a small-scale LNG reload to take place at the Klaipeda LNG Terminal in Lithuania. The reload will take place early January 2017. This will be the first reload conducted at the terminal and it is the first time Skangas source LNG from Statoil. Skangas eyes this a natural next step to further increase the support for the development of the small-scale market in Northern Europe. Adding this Terminal increases possibilities and competition, which also gives security of supply and all parties’ better opportunities.
New Workboat for Oil Spill Response
An all new workboat, produced by the Portuguese company SWB, Seismic Workboats, Lda headquartered in Peniche, has been designed and developed by engineering teams from Portugal, England, the U.S. and Norway and built at Peniche Shipyard. The new vessel is the first workboat SWB has produced for oil spill response. In October, the National Maritime Authority in Portimão, Algarve (AMN) carried out a validation test consisting of an exercise for oil spill response in the marine environment, allowing testing and validation of the workboat in multiple scenarios.
Fellestransport Part of Greencarrier Norway
With effect from 1 November 2009, the Norwegian freight forwarder AS Fellestransport will change its name to Greencarrier Norway and merge its activities with those of the existing company Greencarrier Norway. All of its staff will become Greencarrier employees so providing the company’s existing clients with the benefit of service continuity. Fellestransport was acquired by the Swedish company Greencarrier International in 2006 but retained its independence and continued its activities as a privately owned transport and forwarding company offering a wide range of services by road, sea and air. Meanwhile Greencarrier Norway, which has been an integral member of Greencarrier International since 2001…
STX Europe Sells Norwegian Shipyard
STX Europe AS sells STX Norway Florø AS and STX Norway Design Florø AS to Westcon Group AS. STX Europe completes the sale of all of the shares in its wholly owned subsidiaries STX Norway Florø AS and STX Norway Design Florø AS to Westcon Group AS. The order backlog of STX Norway Florø AS was NOK 59 million at the end of Q3 2012 and the order book consisted mainly of one offshore pipelay vessel, the "Deep Energy". STX Norway Design Florø AS is a subsidiary of STX Europe, situated at the Florø Yard.
Norwegian Courts Reject Insurance Forum
Wikborg Rein, a Norwegian law firm, said Norway's Supreme Court has closed a door to claimants attempting to act against foreign shipowners insuring themselves in Norway. against a major Russian shipowner. company in Norway because it had its P&I cover with Oslo-based Skuld. has an asset in the country. mutual insurance company owned by its members. but the Supreme Court rejected the forum shopping. itself constitute a sufficient connection with Norway. relevant under Section 32. claims may also constitute an asset. parties domiciled in a country which is party to the Lugano Convention. European Union or the European Free Trade Association member states. constitute a sufficient connection with Norway. can sleep a little easier," says Faerden.
Singapore Strengthens Maritime Ties with Norway
The Maritime and Port Authority of Singapore (MPA), represented by Chief Executive, Andrew Tan, signed a Joint Statement with the Norwegian Ministry of Trade, Industry and Fisheries on October 10 during the State Visit by President Tony Tan Keng Yam to Norway. Norway’s signatory was State Secretary Dilek Ayhan. The signing was witnessed by President Tony Tan and His Majesty King, Harald V of Norway. Besides substantial commercial and industrial cooperation between the maritime clusters of Singapore and Norway…
New Report on Norwegian Energy Policy
Norway is pursuing ambitious, forward-thinking energy policies, but could go further in its efforts to become a low-carbon economy, the International Energy Agency (IEA) has concluded in a review published today. Energy Policies of IEA Countries - Norway 2011 Review says that it will be challenging for Norway to meet its 2020 target of reducing greenhouse gas emissions by 30% compared with 1990 levels, because both the country’s electricity supply and its energy use in buildings are already essentially carbon-free due to hydropower use.
DNV GL Oil & Gas to Expand in Norway
DNV GL is relocating its oil and gas head office in Norway from Høvik to Stavanger in order to be even closer to its customers, the company said. Local delivery capacity will be expanded in Stavanger and Bergen and operations will continue in Høvik, Sandefjord, Trondheim and Harstad. DNV GL’s operations in Norway are led by Regional Manager Marianne Hauso. “The oil and gas industry is facing rapid changes, increasing costs and growing public scrutiny on its safety and environmental performance.
Aker Gets BP Offshore Norway Contract
Aker Solutions says it has secured a framework agreement to provide engineering, modifications and maintenance services for BP-operated oil and gas fields offshore Norway. The contract has a period of up to two years valued at maximum NOK 1.8 billion, with options to extend the work by as many as four years. The agreement starts on June 1, 2014, following the expiration of an existing framework contract for similar services. The agreement is for work on the fields Ula, Tambar, Hod, Skarv and Valhall.
Nautronix Opens New Office in Norway
Nautronix announces the opening of a new office in Norway and the appointment of Jørn Berg as Vice President of Sales for Norway. Jørn Berg comments: ‘It is an exciting time to be joining Nautronix, with the development of new products and the interest that is being generated by the existing ones I think the company is in a great position to target the Norwegian market and I look forward to being part of the team.’ CEO Mark Patterson adds: ‘With the heightened activity in Norway and having well established offices in Houston and Rio de Janeiro it made great sense to expand the company further and open a Nautronix entity in Norway.
Integrated Drilling Service Agreement to Schlumberger
Schlumberger Norway has been awarded a contract with Statoil to provide integrated drilling services for the Norwegian continental shelf licenses Gullfaks, Gullfaks Satellites, Snorre, Statfjord , Tordis/Vigdis, Visund. The agreement also covers exploration drilling on the Norwegian continental shelf (NCS). Taking effect on 1 September 2014 the contract has a value of NOK 1.15 billion for an initial duration of two years. The contract also has three optional extensions, each for two years. The contract will provide jobs for some 350 people in Schlumberger Norway over the next two years.
Norway Shortlists DCNS, ThyssenKrupp for New Subs
Norway's Defence Minister Ine Eriksen Søreide of the Conservative Party made it clear that there would be no submarine deal with Sweden, according to the Norwegian newspaper Verdens Gang. Instead, Norwegian defense officials have narrowed down their search to French and German maritime defense firms to replace Norway's Ula-class attack submarine fleet, says UPI report. French firm Direction des Constructions Navels Services, or DCNS, and German company ThyssenKrupp Marine Systems "are the strongest candidates if Norway decides to procure new submarines…
Norway to Boost Natural Gas Exports
According to OilWeek, Norway plans to increase its natural gas supplies to the European Union by up to 55 per cent by the middle of the next decade, the EU‘s energy commissioner said Monday. The EU is pushing Norway to boost its gas supplies so the 27-member bloc can reduce its dependence on Russian oil and gas. Norway, which is not an EU member, has made a fortune on oil and gas deposits in the North Sea and is now exploring new finds in the Barents Sea it uneasily shares with Russia. Piebalgs said gas supplies from Norway could grow to 125-140 billion cubic metres per year by the middle of the next decade, up from the current 90 billion cubic metres.
Norway Funds Shipbuilding Training Program
Norway has committed some $4m in grants to aid Vietnam’s shipbuilding industry in human resource development over the course of the next three years, VNA reported. A deal was signed in Hanoi, on May 21, to seal the decision during a visit by Norwegian State Secretary of the Ministry of Foreign Affairs Anne Stenhammer. An amount of $1.84m is to be funded by Norway's Government, while Det Norske Veritas, Hoegh Autoliners and Jotun Paint, three of Norway's leading shipbuilders, will finance the remainder. The project aims to equip the Vietnam Shipbuilding Industry Group (Vinashin) with new skills relating to shipbuilding management and quality control.
Norway Looks to the Arctic as Production Declines
According to a report from NASDAQ, Norway's status as one of the world's leading producers of oil is being threatened by the rapid declines in oil production from its mature wells. Norway expects new oil & gas finds in the Barents Sea region of the Arctic to offset some of the decline in its oil & gas output. The recent discoveries by Statoil (STO) in the Barents Sea have fueled new interest in exploration activity in the Arctic regions of Norway, leading to record levels of drilling in 2011 with four additional wells planned this year and seven more in 2012. Source: NASDAQ
Certex Launches New International Offshore Division
Certex International is launching a new offshore division. Certex International Offshore Services brings together five companies from the Foranka International AB group that are well established within the global offshore market – Certex Offshore (UK), Certex Norge (Norway), Peter Harbo (Denmark), Erling Haug (Norway) and Haug Offshore Services (Norway). All five of the component companies will continue to operate on an individual basis but as part of Certex International Offshore Services, they will be able to draw on each others resources.