A three-year joint Singapore-Norway project that utilises e-navigation concepts to effectively manage maritime traffic has concluded a successful demonstration in the Straits of Singapore.

BW Offshore and ICBC Financial Leasing have signed a cooperation agreement on Friday to jointly pursue large international infrastructure projects with a focus on FPSOs.

Norwegian e-navigation firm Navtor has opened its first base in the UK, and has recruited Richard Northover to lead the Somerset based office. 

The merger of three Norwegian OSV owners Deep Sea Supply, Farstad Shipping and Solstad Offshore is expected to be completed during the first half of this year.

Norwegian outfit DOF has been awarded two contracts with a large international contractor in Egypt for the vessels Skandi Saigon and Skandi Sotra. 

Greencarrier Freight Services has set up an office in Polarbase in the Far North of Norway to service the oil and gas industry in the Barents Sea.

Color Line has signed a Letter of Intent (LoI) with Ulstein Werft to build the world’s largest hybrid vessel.

Seismic specialist firm Polarcus has been awarded a contract from TGS-NOPEC Geophysical Company for the acquisition of 30,000 km sq of 3D multi-client data in Europe.

Norway’s oil and gas firm Statoil has decided to cancel a mobile rig contract with Stena Drilling about three months ahead of the contract expiry date.

Sevan Drilling has agreed a third six-month option with Cosco (Qidong) Offshore to delay delivery of the newbuild drilling rig Sevan Developer.