Nautilus Minerals awarded a contract for two vessel cranes to MacGregor of Kristiansand, Norway, the third major equipment package awarded by shipyard Fujian Mawei Shipbuilding.
Nautilus Minerals released its audited 2014 annual financial results, reporting $118.8-million (U.S.) in cash and progress on the Solwara 1 seafloor copper-gold project.
Nautilus Minerals said Soil Machine Dynamics has completed factory acceptance testing on the umbilical winches for its three Solwara 1 sea floor production tools.
Nautilus Minerals awarded Bedeschi SPA of Italy the contract for cargo handling equipment on its production support vessel, the second major contract issued by shipyard Fujian Mawei Shipbuilding.
Nautilus Minerals began commissioning and factory acceptance testing of its third and final seafloor production tool, the auxiliary cutter, at Soil Machine Dynamics' Newcastle upon Tyne facility.
Nautilus Minerals awarded Rolls Royce Marine of Norway the contract for engines and thruster packages on its production support vessel being built by Fujian Mawei Shipbuilding.