Cecon ASA Company News

Recent Articles

Results 20 articles shown

Cecon Secures LOA for Subsea Installation in W. Africa
Cecon has received Letter of Award for a fast-track pipeline installation project in West Africa.
8:00 PM EST | October 05, 2011
Cecon Enters LOI with Potential Investor
Cecon entered into a letter of intent (the "LOI") with a reputable Norwegian investor in relation to a potential investment in Cecon of up to NOK 250 million.
8:00 PM EST | July 26, 2010
Cecon to Assess Newbuilding Program
Davie Yards announced it recently sought protection under the Canadian Companies' Credit Arrangement Act (CCAA) from creditors.
8:00 PM EST | March 14, 2010
Cecon Strengthens Executive Team
Cecon had made a series of executive management appointments, including new Operations and Commercial Directors.
7:00 PM EST | January 10, 2010
Expro Chooses Cecon to Utilize New Well Intervention System
Expro is developing a new generation deepwater well intervention system with a unique tooling package to be deployed from a mono hull vessel and has signed a contract with Cecon ASA to utilize the system on its newbuild VS4220 vessel.
7:00 PM EST | December 02, 2009
Cecon to Request Further Extension on Interest Payment
Cecon has distributed a bondholders meeting summons to request a further extension of the waiver of the interest payment related to a $200 million termsheet until April 5, 2009.
7:00 PM EST | February 17, 2009
Cecon Secures Alternative Financing, Amends Contracts with Davie Yards
Cecon has received a financing alternative for its newbuilding program of three offshore construction vessels at Davie Yards Inc.
7:00 PM EST | February 16, 2009
Cecon Finalizes Detail Engineering of New Pipelay System
Cecon has finalized the detail engineering of the Pipe Lay Ramp for one of the most versatile systems in the industry.
7:00 PM EST | January 27, 2009
Cecon to Receive Refund Guarantees for Newbuildings at Davie Yards
Cecon was informed that Export Development Canada will grant refund guarantees towards all remaining pre-delivery installments for Cecon's three new buildings at Davie Yards in Quebec, Canada.
7:00 PM EST | December 17, 2008
Angola Drilling Co. Awards Cecon Pipeline Installation Contract
Cecon has been awarded the first phase of a new contract for Angola Drilling Company involving pipeline installation during the second and third quarter 2009.
7:00 PM EST | December 09, 2008
Cecon, Bergen Enter Agreement to Secure Delivery of Vessels at Davie Yards
Cecon has entered into a Heads of Agreement with Bergen Group to secure delivery of Cecon’s vessels under construction at Davie Yards in Canada.
7:00 PM EST | December 08, 2008
Cecon Awarded New StatoilHydro Contract
Cecon has been awarded a new contract from StatoilHydro for installation of Temporary Loading System on the Kristin Field in the Norwegian sector.
8:00 PM EST | April 28, 2008
Cecon Lays Down $7.4M for Pipelaying Equipment
Cecon has placed a NOK 38 million (U.S. $7.4 million) contract for major pipelaying equipment to be used as a part of the company's new deepwater pipelaying system.
7:00 PM EST | March 04, 2008
Thebaud Sea Mobilizes for Flexible Pipe Installation at Okoro
Norwegian subsea installation contractor Cecon ASA advised that the Thebaud Sea has been mobilized for Deepflex flexible pipe installation contract at Okoro offshore Nigeria.
7:00 PM EST | March 03, 2008
Cecon Wins Pipelay Work in Angola
Cecon has been awarded a new large pipelay contract for Angola Drilling Company, currently estimated at NOK 170 million.
7:00 PM EST | November 19, 2007
Cecon Awarded Contract for Work on the Kristin Field
Cecon has been awarded contract from Statoil for installation of Temporary Loading System on the Kristin Field in the Norwegian sector.
8:00 PM EST | July 04, 2007
Cecon Completes Private Placement
Cecon ASA has completed the private placement it announced on June 12, 2007.
8:00 PM EST | June 21, 2007
Cecon to Install Deepflex Pipelines in West Africa
As part of its cooperation agreement with Deepflex Inc. Houston, Cecon has been contracted for installation of Deepflex flexible pipelines for a Deepflex project in West Africa.
8:00 PM EST | June 11, 2007
Cecon Calls First of Four Option Vessels
Cecon ASA has called the first of the four option Vik Sandvik VS4220 offshore construction vessels.
8:00 PM EST | June 11, 2007
Cecon and Deepflex Agree to Charter Contract, Strategic Alliance
Cecon ASA has entered into an Agreement with Deepflex Inc. Houston, whereby Deepflex has chartered both the two Cecon Newbuildings for 150 days per year each for a firm period of five years, plus three yearly options.
8:00 PM EST | April 22, 2007