Offshore

French banks want to buy troubled Bourbon

A group of French Banks have placed a takeover offer to buy the also French and insolvent OSV giant Bourbon. The financially troubled company this morning asked Euronext Paris to suspend the listing of its...Read more
|Comment|author: Tobias Pieffers

Subsea 7 acquires 4Subsea

PRESS RELEASE – Subsea 7 has acquired 4Subsea, a provider of technology and services that help operators maintain production from subsea oil and gas fields and offshore wind farms. 4Subsea will function autonomously within Subsea 7,...Read more
|Comment|author: Tobias Pieffers

OHT to transport 48 jackets for DEME

Offshore Heavy Transport (OHT) has been contracted by DEME to transport 48 jacket foundations for the Moray East offshore wind project in Scotland. The jackets need to be transported from the Lamprell fabrication yard in...Read more
|Comment|author: Tobias Pieffers

Allseas bags another decommissioning contract

Allseas has bagged another platform decommissioning contract. The company will remove Repsol Norge’s Gyda Platform, which is located in the Norwegian North Sea. The platform will possibly be reused.  The contract covers both the 18,000 tons...Read more
|Comment|author: Tobias Pieffers

Boskalis to build new oil terminal in Iraq

Boskalis has signed a contract with the Iraqi Ministry of Oil for the construction of a new oil terminal in the Middle Eastern country. The new facility is aimed at increasing the export capacity of...Read more
|Comment|author: Tobias Pieffers

Jan De Nul joins DEME in French renewables market

Following recent news of DEME, the other Belgian offshore contractor, Jan de Nul, has now also signed its first contract for the French renewables market. Through its French subsidiary, Sodraco International SAS, the company will...Read more
|Comment|author: Tobias Pieffers

Sleipnir’s mighty cranes require mighty parts

Pintsch Bubenzer has installed a new type of brake on the two 10,000-metric ton cranes of Heerema’s Sleipnir, the world’s new largest crane vessel. The manufacturer claims it provides 35% more torque than other brakes...Read more
|Comment|author: Tobias Pieffers