Höegh LNG wins Lithuanian FSRU tender
Höegh LNG reports that has been informed by AB Klaipedos Nafta that Höegh LNG made the winning tender offer for a new LNG floating storage and regasification unit in Lithuania. A mandatory
Offshore
De Chateauvieux controlled Jaccar increases stake in Bourbon
Paris-headquartered offshore services giant Bourbon reports that Jaccar Holdings SA has acquired 945,000 additional shares in Bourbon. This takes Jaccar’s stake in Bourbon from 24.6 percent to 26.04 percent of the capital
Wärtsilä to supply power and positioning for Cat D semis
Wärtsilä is to supply the power and positioning system for the two new Cat D offshore drilling rigs being built for Songa Offshore AS at the Daewoo Shipbuilding and Marine Engineering Co.Ltd
Otto Marine issues profit warning
Singapore based offshore services specialist Otto Marine Limited has issued a profit warning about the financial results of the company and its subsidiaries for the financial year ended December 31, 2011. The
Rolls-Royce to design and equip seven vessels for Brazilian owner
Rolls-Royce has been awarded two contracts to design and equip seven vessels for Brazilian shipowner Navegação São Miguel Ltd. The contracts, for four oil spill recovery vessels and three bunker tankers, are
Ulstein delivers first PSV of new PX121 design
Norway’s Ulstein Verft has delivered M/V Blue Fighter to Blue Ship Invest, another company within the Ulstein Group. The ship is the first of two medium-sized platform supply vessels (PSV) of Ulstein’s
China Oilfield Services reports advanced AHTS newbuild grounded in shipyard incident
The second of two advanced Rolls-Royce designed UT 788 CD AHTS being built by China’s Wuchang Shipbuilding Industry Co. has grounded in a shipyard incident.. Its sister vesse (pictured here) was successfully
STX OSV comments on rumors of sale
Both Singapore-listed STX OSV and its majority shareholder, Oslo-listed STX Europe, have moved to downplay media reports suggesting that a sale of the company is imminent — likely to either Keppel or
IHC Offshore Systems in “hush hush” deal
Mr. W. van der Velde, Chief Technical Officer of Seaway Heavy Lifting and Mr. A.A .Kromhout, Managing Director of IHC Offshore Systems, were all smiles when they signed a recent “hush hush
Hercules liftboat engulfed in fire on adjacent rig
Hercules Offshore (NASDAQ: HERO) reports that the Mako, a 175ft class liftboat operating in Nigeria, was engulfed by a fire that originated on a third-party rig, the KS Endeavor, during the early