Topic: Offshore

Mammoet and LADOL create project cargo hub in Lagos

PRESS RELEASE – Nigerian company Lagos Deep Offshore Logistic Base (LADOL) and Mammoet, the global have signed a strategic partnership aimed at expanding LADOL’s project cargo capacity for industrial sectors in West Africa. The partnership will enable...Read more
|Comment|author: Tobias Pieffers

OPEC agrees on further production cuts

OPEC and its partners have agreed to further cut production by 500,000 barrels per day in the first quarter of 2020, bringing their new combined cuts to 1.7 million barrels per day. The decision was...Read more
|Comment|author: Tobias Pieffers

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

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

Baker Hughes sees LNG orders increase by 32%

General Electric’s oil field services provider Baker Hughes beat expectations for the second quarter thanks to strong growth in the LNG market. The company booked USD 6.6 billion in orders and recorded an operating income...Read more
|Comment|author: Tobias Pieffers

Pioneering Spirit removes another topside

The Pioneering Spirit has removed another platform topside. With a weight of 3,800 tons, the Valhall QP topside is the lightest one yet.  The Valhall QP platform removal is the first job for Allseas under a...Read more
|Comment|author: Tobias Pieffers