Shipyard Harland & Wolff has taken a step closer to survival with confirmation that the consortium to which it belongs has been awarded a £1.25bn contract to build new warships.

As the News Letter reports, East Belfast MP Gavin Robinson described the decision – giving the green light for the Babcock-led consortium to build the Type 31e Royal Navy frigates – as a “boon” for the Belfast shipyard and said it was “hugely encouraging”.

The news come as Belfast Harbour launched a strategic plan to invest £254 million in new infrastructure which will help generate 7,000 new jobs.

The development at Harland & Wolff is a vital lifeline for a company that went into administration just over a month ago.

For more click here on the story

A US$2 billion-plus contract to work in the Gorgon gas fields project in Western Australia has gone to Irish oil company Kentz, the Irish Echo reports.

The work involves support in various aspects of the construction of three processing plants for liquefied natural gas from the Greater Gorgon fields - some 130km from the northwest coast of Western Australia - with a total annual capacity of 15 million tonnes.

According to Kentz, the contract will create more than 1,650 jobs for construction personnel in Western Australia.

The Irish Echo has more on the story HERE.

The director of the Irish Coast Guard has outlined the thinking behind its recent €500m deal for helicopter search and rescue services.

Chris Reynolds told Rotorhub that a simplified model based on key critera was adopted when choosing a bigger for the contract, which was awarded to CHC Ireland last year.

"With our contract, we essentially wanted to continue with what we already had, but with new technology," he said.

Rotorhub reports that the Irish Coast Guard formed a Future Helicopter Study Group to discuss the service's needs before the tender process which led to the 10-year deal for five Sikorsky S-92s.

The process stands in contrast to SAR-H, the UK's programme to overhaul its helicopter fleet which collapsed last year.

"If the UK needs to be looking at a new interim contract, they could look at how we did it," added Reynolds.

Rotorhub has more on the story HERE.

Minister for the Marine Simon Coveney will have the remit for air and sea search and rescue services, it has emerged.

The Irish Times reports that the move is part of a promised consolidation of maritime functions under the new programme for Government.

Responsibilty for the Irish Coast Guard will however remain with Minister for Transport Leo Varadkar until an official transfer which is expected in the next few weeks.

Meanwhile, fellow Fine Gael TD and Minister of State for NewEra, Fergus O'Dowd, intends to push for a review of the State's €500m contract for search and rescue services with CHC Ireland.

O’Dowd said there were “significant questions to answer” over the deal signed by former Transport Minister Noel Dempsey last year.

The Irish Times has more on the story HERE.