Tug Fairmount Sherpa has safely delivered rig GSF Arctic I to Las Palmas. The rig has been towed from offshore Rio de Janeiro, Brazil, to Las Palmas de Gran Canaria, Spain. GSF Arctic I is a semi-submersible drilling rig for deepwater operations, owned by Houston based Transocean. GSF Arctic I is designed to drill up [...]
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Spanish oil company Repsol posted net income of 2.060 billion euros for 2012, a 6.1% decline from the year earlier. At current cost of supply (excluding the change in value of the oil inventories that the company stocks as part of Spain’s strategic reserve) Repsol’s net income was 2.048 billion euros, 5.4% higher than 2011, when the earnings [...]
The largest ship ever built by The Craig Group, an S class Platform Supply Vessel (PSV) launched this week at Balenciaga Shipyard in Northern Spain. The Craig Group has committed £50M to the construction of the vessel, The Grampian Sovereign, and its sister ship, The Grampian Sceptre. Managed by The Craig Group division North Star [...]
IKM Testing will contribute Dragados within cleaning, pneumatic and hydraulic testing, pigging and torque. The contract has been awarded by Dragados Offshore, a company that services the Oil and Gas industry from the three main business centres: the headquarters’s office in Puerto Real and the Yard in Algeciras, in Spain, and the Yard of Tampico [...]
November 30, 2012 | Posted in
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Spanish oil company Repsol today, November 8, reported that the company’s net income for the third quarter was 760 million euros, 36% higher than the same period last year, which included YPF. To remind, former Repsol’s subsidiary YPF was expropriated by Argentina earlier this year. Repsol’s Upstream unit (exploration and production) reaffirmed the positive trend [...]
On Wednesday, 17th October 2012, at high tide, the Edda Ferd vessel built for the Norwegian shipowner Østensjø Rederi was launched at Astilleros Gondan shipyard in Spain, Edda Ferd is a 92,60 m long platform supply vessel of Skipsteknisk design. It can accommodate 40 people and has a deck area of 1.000 m2. It is the third [...]
McDermott International, Inc. announced that it will build another high capacity reeled pipelay vessel with top-tier payload capacity, tentatively named Lay Vessel 108 (“LV108”). The vessel will be a sister ship to the recently completed subsea construction vessel the Lay Vessel North Ocean 105 (“LV105”), and is to be built to similar specifications at Metalships [...]
September 3, 2012 | Posted in
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Atlantic Offshore have ordered two new vessels, worth €50 million from Zamakona Yards in Bilbao, Spain. Atlantic Offshore is now building six new vessels, at a cost of NOK 1.6 billion. Atlantic Offshore have placed orders for two FSV vessels with bollard pull. Additionally, the company have options for two more vessels, of corresponding price. [...]
July 24, 2012 | Posted in
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Simon Møkster last week signed a contract with Spanish shipyard Astilleros Gondan for the building of the advanced Platform Supply Vessel of UT776 WP design. This will be the second vessel Astilleros Gondan constructs for Møkster. Gondan has previously delivered the multi field support vessel “Stril Merkur”. “Møkster is very pleased with the contract, as [...]
Craig Group celebrates completion of £35million investment programme with launch of Grampian Defiance. The last in the series of new D class Emergency Response and Rescue Vessels (ERRVs), commissioned by Craig Group in a £35million investment programme, has been launched. The Grampian Defiance, the last of four new-build emergency rescue and response vessels (ERRVs) which [...]
