Asco Marine Ltd News

 

Fugro Gets $17.3M from Huawei Marine Networks Deal

May 25, 2020

Dutch offshore services provider Fugro has said it has received $17.3 million from the sale by Global Marine Group of a 30% stake in Huawei Marine Networks (HMN) to Hengtong Optic-Electric Co Ltd.  The proceeds are in addition to EUR 34.0 million…

Angola's Sonangol Starts Selling Stakes in Firms

Apr 27, 2020

Angolan state oil company Sonangol said on Friday it has opened a public tender to sell its stakes in some private firms as part of a government bid to privatize key state assets including parts of Sonangol itself by 2022.Describing Sonangol as an 'octopus…

Kim Heng in Taiwan Offshore Wind JV

Mar 27, 2020

Singaporean offshore services provider Kim Heng Marine & Oilfield Pte has entered into a joint venture with a Taiwanese company to create Bridgewater Marine (Taiwan) Limited.Kim Heng Offshore & Marine, a parent company of Kim Heng Marine & Oilfield…

ASCO Takes Full Ownership Of NORM Solutions

Mar 23, 2020

ASCO, a UK-based materials and logistics firm providing services to the oil and gas industry, has acquired full ownership over NORM Solutions.Norm Solutions is a provider of specialist cleaning, treatment and disposal services for oilfield equipment…

OSB Market to Reach $6.4Bn by 2026

Mar 04, 2020

Global offshore support vessels supply base (OSB) market to reach around USD 6400 million by 2026 and is increasing at a CAGR of 5.4% during forecast period.According to a report by Facts & Factors, an increase in offshore investments in emerging…

CNOOC, ASCO Extend North Sea Relationship

Feb 26, 2020

The Chinese oil company CNOOC has, via its European subsidiary, extended a contract for logistics management with ASCO. Under the five-year extension worth over 100 million pounds, ASCO will continue supporting CNOOC Petroleum Europe Limited's North Sea assets…

The Future is in the North

Jan 13, 2020

Sea usesWhile others are known as rulers of the seas, Norway has been more known as users, locally and worldwide. No wonder, since Norwegian waters are covering an area of close to six times the size of the Norwegian land areas.There is considerable…

Japanese Trio Orders Wind Turbine Installer

Nov 21, 2019

Penta-Ocean Construction, Kajima Corporation, and Yorigami Maritime Construction have agreed to jointly construct a wind farm installation vessel capable of installing foundations and turbines with a capacity of between 10MW and 12MW.The three…

ASCO Vessel Om Back in Operation

Sep 13, 2019

Azerbaijani shipping company ASCO said that overhaul of the towing and supplying vessel Om, owned by its offshore fleet, has been completed.Repair work was carried out at the Bibi-Heybat Shipyard, said Azerbaijan Caspian Shipping Company.During the repair…

2nd Stage Of Pipe Laying in Absheron Field Over

Sep 10, 2019

Azerbaijan Caspian Shipping CSJC (ASCO) announced that its vessels - Suleiman Vazirov and Yarenga - have completed the second stage of pipe laying work in the Absheron gas and condensate field located in the Azerbaijan sector of the Caspian Sea…

ASCO Ships Lay Cable for Absheron Gas

Jul 19, 2019

Azerbaijan Caspian Shipping Company (ASCO), the largest and oldest shipping company on the Caspian sea, informed that works on laying pipes in the Absheron gas condensate field in the Azerbaijani sector of the Caspian Sea are under way.“Aura”…

Keppel Wins Yinson FPSO Modification Work

Jul 16, 2019

Singapore-based Keppel Offshore & Marine (Keppel O&M) has through its wholly-owned subsidiary Keppel Shipyard, secured a contract from repeat customer Yinson for the modification of a floating production, storage and offloading vessel (FPSO)…

Azerbaijan Takes Delivery of Satti

Jun 24, 2019

The Satti floating drilling unit owned by Kazmortransflot National Maritime Shipping Company of Kazakhstan has been delivered to Azerbaijan.Baku hosted an official ceremony of receiving the Kazakhstani self-elevating floating drilling rig, said a press release…

Schottel Merges Tidal Units to Sustainable Marine Energy

Jan 20, 2019

Schottel, the manufacturer of propulsion and steering systems for ships and offshore applications, has made a strategic decision to merge its tidal energy businesses into Sustainable Marine Energy (SME), including UK subsidiary TidalStream Ltd…

DOF Subsea Awarded Australian IMR Contract Extension

Nov 29, 2018

The international subsea operating company DOF Subsea said that its subsidiry DOF Subsea Australia Pty Ltd’s existing Subsea Inspection, Maintenance and Repair Contract with Chevron Australia has been extended. DOF Subsea has successfully provided IMR vessel…

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