Pipavav Shipyard in talks to sell stake to foreign player

MUMBAI: Pipavav Shipyard Ltd is in advanced talks to sell stake to an international shipyard and a deal is likely within the next two weeks, a source with direct knowledge of the matter said on Tuesday. [Read More] Source: The Economic Ti...

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Western India Shipyard bags Rs 60 cr order from Aban Offshore

MUMBAI: Western India Shipyard, a group firm of ABG Shipyard, today said it has bagged an order worth Rs 60 crore for repair of Aban-II jack-up oil rig from Aban Offshore. In a filing to the Bombay Stock Exchange, the company said it has signed the repair...

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Russia's RFC to buy up to 6 shipyards this year

Russian Financial Corporation (RFC) plans to buy up to six shipyards this year, possibly partly financed through a bond issue, but has no plans to float its ship-building business, its chairman said on Tuesday. [Read More] Source: Reut...

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Hyundai Heavy Wins Orders for Drillship, Containerships

Hyundai Heavy Industries, the world’s biggest shipbuilder, today won an order to build an ultra-deepwater drillship for Fred Olsen Energy. The contract also includes an option the Norwegian company can exercise to purchase a similar second drillship. The drillship,...

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Canrig SureGrip™ chosen for prestigious OTC 'Spotlight on Technology' Award

Canrig's SureGrip™ ball-and-pocket gripping technology was recently selected for one of the Offshore Technology Conference's (OTC) prestigious "Spotlight on Technology" awards at the upcoming 2011 show. First Subsea is the exclusive manufacturer and technology...

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Statoil secured helicopter services from Stavanger

Statoil has awarded Bristow Norway a new contract for offshore helicopter services running from Stavanger Airport, Norway. The estimated value of the contract is over NOK 1 billion. Sikorsky S92 The contract covers the use of two dedicated Sikorsky S92 helicopters.All...

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Niko Signs Three New PSCs in Trinidad

Niko Resources Ltd. announced that the Company has signed three new Production Sharing Contracts with the Trinidad and Tobago Government:- The first block, NCMA2 is located approximately 50 kilometers NNW of the northern coast of Trinidad and will be operated by Niko who will hold a 56%...

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UK's Centrica inks Trinidad oil/gas production deal

* Trinidad and Tobago looking to boost oil, natgas output (Adds drilling plans by state-owned energy company, paragraph 4)(Reuters) - Britain's Centrica signed a production sharing contract on Monday with Trinidad and Tobago allowing the company to explore, develop...

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AVEVA to exhibits field proven marine solutions at NOR-Shipping

Oslo, Norway: AVEVA (LSE:AVV), a leader in engineering design and information management solutions for the plant, power and marine industries, today announced that it will be participating in the Nor-Shipping trade fair, in Oslo from May 24th -27th showcasing...

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Hanjin Secures $721M Dollar Investment Plan with Philippines Shipyard Project

The building of the shipyard in Philippines is part of an attempt made by Hanjin Heavy to compete with Hyundai Heavy Industries, the largest shipbuilder of the world, as well as other national competitors; which had swept almost forty percent of international...

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Wärtsilä provides total propulsion package for Dockwise "0" type vessel

Wärtsilä, the marine industry’s leading solutions integrator, has been awarded the contract to supply a total propulsion package for a new semi-submersible heavy lift vessel. With an overall length of 270 metres, this ship is the largest of its type ever to be...

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Subsea 7 Adds New Schilling Robotics ROV Systems to Flee

Schilling Robotics, LLC, experts in subsea systems, announced today the award of new contracts for ROV systems from Subsea 7.  A total of three (3) new ROV systems will be supplied for delivery in Q2 2011, including one (1) 150hp, 3,000m rated ACV ROV system...

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Aker Solutions awarded major subsea contract extensions

Aker Solutions has received notification that Statoil has exercised options for the engineering, procurement and construction of three subsea work-over systems for use on the Norwegian Continental Shelf. Aker Solutions estimates the contract value of these three...

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Vroon Offshore Services take delivery of VOS Theia

Vroon Offshore Services (VOS) have taken delivery of a new addition to their offshore fleet. The VOS Theia, a 1,400 dwt anchor handling tug support (AHTS) vessel built at the Fujian Shipyard in China, was delivered today, 18 April 2011, in China. The vessel will...

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New MAN engines installed – world’s largest civilian hospital ship back in actio

With four new GenSets from MAN Diesel & Turbo, the civilian hospital ship Africa Mercy is back in action off the coasts of Africa helping to provide free medical care to people in need. The Augsburg-based manufacturer of large-bore diesel engines...

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Tognum receives substantial follow-up order for Indian Coast Guard

Friedrichshafen/Singapore, 19 April 2011. The specialist for propulsion and power solutions Tognum has received a substantial follow-up order for the delivery of MTU engines and automation systems for 20 new vessels of the Indian Coast Guard. The value of...

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Iran to build new destroyer

Iranian Navy Commander Rear Admiral Habibollah Sayyari says the Islamic Republic is building a new model of the Jamaran destroyer dubbed Velayat. “Iran's Navy has become self-sufficient in surface and undersurface vessels and aerial units, and does not need other...

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