Boskalis appointed as salvor

Royal Boskalis Westminster N.V. (Boskalis) has been appointed as the salvor for both tankers that were hit yesterday morning in the Gulf of Oman in a suspected attack. Shortly after the incidents the insurers of both vessels appointed Boskalis subsidiary SMIT Salvage to salvage the vessels and their cargo. The situation

Norwegian oil companies expect surge in investments

Billion dollar investments in the Norwegian oil sector is headed for a significant surge, projects the Norwegian Oil and Gas Association. Norwegian Oil and Gas Association takes its optimism about future oil investments in Norway to a higher level. The industry association expects that investments levels shall reach more then NOK

Cosco secures heavy transport contract from Shell

Cosco Shipping Specialized Carriers has been awarded a contract by Shell to transport the Vito floating production unit to the Gulf of Mexico. The integrated Vito FPU will be transported by Cosco’s semi-submersible heavy lift ship, the 98,400 dwt Xin Guang Hua, from its fabrication yard in Singapore. The contract is the

U.S. Shale Gas Booming

The United States has led the pack in the shale revolution, profiting more than any other nation. The U.S. enjoys the benefit of having the majority of its wells located domestically, thanks to vast natural shale formations, allowing the nation to keep all profits for themselves without any negotiations or diplomatic

Industry Collaboration Lifts Innovation Higher

Better Together Innovation is rooted in collaboration. Take the crazy idea that the Earth is round. Centuries of debate—mostly civil—ensued before Soviet cosmonaut Yuri Gagarin took a short trip into outer space in 1961 and could provide visual confirmation that our planet was not pancake-flat. Even the bizarre notion that humans could

Mammoet completes Petrobras P-79 FPSO work

Mammoet has successfully completed the process of weighing, transporting and lifting the modules of the P-76 FPSO platform for the Technip-Techint consortium at the Techint Offshore Unit in Pontal do Paraná - Brazil. Image of the P-76 FPSO, from Mammoet. The consortium was contracted by Petrobras to carry out the construction and

ABB delivers 98m E-House project

ABB has shipped the first batch of nine electrical houses (E-Houses) to enable reliable power supply to offshore oil field in the UAE ABB is providing a 4,000 sqm or 98 meters of E-Houses, for the Satah al-Razboot (SARB) offshore oil field, in the United Arab Emirates (UAE) to ensure reliable

Sarens To Undertake The Largest Project In Its History

Sarens, the global leader in crane rental services, heavy lifting, and engineered transport, has signed the largest project in its history with Tengizchevroil (“TCO”, the “Client”). The Client has entrusted Sarens with undertaking the land transportation and installation of the Pre-Assembled Units, Pre-Assembled Racks, and associated oversize equipment required for

Combi Lift America opens in Houston

Bremen, Germany-based heavy lift shipping company Combi Lift has opened the subsidiary Combi Lift America in the USA oil and gas hub of Houston, Texas. The move to further expand its presence on the North America heavy lift and project cargo markets comes after Combi Lift Asia was founded in 2015. Heiko