Resolve Marine Group, based in Fort Lauderdale, Florida has agreed to acquire Magone Marine Services of western Alaska. The result, say Resolve, will be a greatly expanded, emergency response and marine services company that combines鈥
Wärtsilä has been contracted to supply propulsion solutions for six new offshore pipe laying vessels being built by IHC Merwede. Three of the ships are to be built for Subsea 7. The other three vessels have been ordered by Seabras Sapura鈥
Jaya Holdings signed a contract to charter its new build DP2 Platform Supply Vessel (PSV) 鈥淛aya Vigilant鈥 for a long term operation in the Indian Ocean, offshore Mozambique. The two-year contract, which includes charterer鈥檚 options has a value of more than US $20 million鈥
In June 2013, Malaysia's Yinson Holdings Berhad made a conditional offer to acquire Norway's Fred. Olsen Production ASA ('FOP') for NOK995.74 million (US$172.1 million), or NOK 9.40/share that was approved by the FOP board. On 4 July 2013鈥
Sembcorp Marine has signed a memorandum of understanding (MOU) with Saudi Aramco and the National Shipping Co. of Saudi Arabia (Bahri), one of the largest shipping companies in the world, with the objective of preparing a detailed feasibility鈥
Sulzer Pumps will supply 42 pumps for installation on two floating production storage and offloading (FPSO) vessels (P-66 and P-69) that will operate in the pre salt Iracema cluster areas located in the Santos Basin, off the coast of Rio de Janeiro鈥
Keppel FELS Ltd. was awarded a contract worth about US $280 million by Floatel International Ltd. to build its fifth accommodation semisubmersible for delivery in 4Q 2015. Keppel FELS previously delivered the accommodation semis, Floatel Superior and Floatel Reliance鈥
ABB has won an order to provide integrated solutions that include the electrical propulsion system, Azipod® CZ and automation system onboard two offshore accommodation vessels. The 1+1 ccommodation vessels will be built by COSCO (Nantong) ShipyardCo鈥
The Kanowit FLNG facility is under construction at Daewoo Shipbuilding & Marine Engineering (DSME) in Okpo, South Korea, where first steel was cut in June. Petronas Floating LNG 1 (Labuan) Ltd. signed a US$771million contract for engineering鈥
In August 2013, Siemens Energy signed a chartering agreement with ship owner Esvagt A/S for two new offshore wind service vessels that will incorporate significant advancements in logistics, efficiency and operational capabilities. The vessels鈥
The Jan De Nul Group has ordered a new vessel at the Uljanik Shipyard in Pula, Croatia. The vessel, which will be 138m-long with a deadweight of 10,500-tonne, will be a multipurpose vessel, able to carry out trenching and offshore support鈥
Subsea 7 has posted a record backlog of US$10.4 billion for Q2 2013, with tendering continuing to be high into Q3. But profits were hit by a US$300 million loss provision on the Guará-Lula NE project, offshore Brazil. Jean Cahuzac鈥
Drydocks World announced today that the world鈥檚 first Modular Capture Vessel (MCV), Eagle Texas, sailed away from its yard. The conversion of the AFRA max tanker was carried out by Drydocks World 鈥 Dubai and was completed for Singapore based AET鈥
Jaya Holdings Ltd., delivered its first high-specification, deepwater platform supply vessel (PSV), Jaya Valour. The vessel was delivered on schedule, and upon delivery, went on-hire immediately, embarking on its maiden voyage as part鈥
Lifting, drilling and subsea solutions specialist Huisman has secured new contracts for10 pipelay systems, with various major offshore pipelay contractors. The new contracts include: three 550mt tiltable lay systems (TLS) and one 325mt vertical lay system (VLS) for Subsea 7鈥