10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • AECO, IAATO Set Up New System for Safe Navigation in Polar Waters

    8 October 2014
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    The Association of Arctic Expedition Cruise Operators (AECO) and the International Association for Antarctica Tour Operators (IAATO), in cooperation with Lindblad Expeditions, have found a way for cruise operators to share years of depth soundings from the Arctic and Antarctica. AECO and IAATO have long been working on finding a useful hydrographic crowdsourcing system, where […]

  • Norway: Ithaca Completes Norvarg Appraisal Well Test Programme

    31 July 2013
    Business & Finance, Operations & Maintenance

    Ithaca Energy Inc. announces that the appraisal well (7225/3-2) test programme on the Norvarg discovery located in licence PL535 in the Norwegian sector of the Barents Sea has been completed. The appraisal well was drilled approximately 275 km north of the Hammerfest LNG plant on Melkøya, in a water depth of 377 metres, to delineate […]

  • Brazil: Sonardyne Opens New Premises in Rio das Ostras

    27 November 2012
    Business & Finance

    Steve Graham, the Deputy Consul-General from the British Embassy in Brazil has officially opened the new premises of offshore technology company Sonardyne Brasil Ltd. in Rio das Ostras. The opening of the new office on Thursday 22nd November coincided with the 20th anniversary of the company first deploying its subsea offshore technology in the region. […]

  • ABB Results Influenced by Project Delay Charges

    22 January 2014
    Business & Finance

    ABB said its fourth-quarter 2013 results were adversely impacted mainly by charges for storm-related project delays and some operational issues in the Power Systems (PS) division. Additional restructuring-related charges were taken in response to the division’s soft order intake in 2013. The company also booked non-operational charges related to certain Group legacy issues. “While the […]

  • NOC: Workshop Adresses E-Tech Minerals Exploration

    27 February 2014
    Business & Finance

    Growth in the developing economies has resulted in an increase in the global demand for minerals and energy. At the same time the actions required to mitigate and adapt to increased levels of carbon dioxide in the atmosphere demand significant changes in energy generation, distribution and utilisation. Increased energy production from renewable resources, including wind […]

  • GDF Suez Presents Future Focus Areas Offshore Norway

    22 November 2013
    Business & Finance, Operations & Maintenance, Research & Development

    This week GDF Suez E&P Norge’s Deputy Managing Director, Geir Pettersen, participated at the NOC conference in Stavanger, where he spoke about the company’s future strategic focus areas on the Norwegian continental shelf. GDF SUEZ E&P Norge is the operator of the Gjøa field and has in the past year chaired a forum for all […]

  • Roll Group inks contract for yard in Indonesia

    4 March 2020

    Roll Group, a provider of transportation, lifting, and installation of heavy cargo, has entered into an agreeemnt for its own yard in Indonesia in a push for growth in the Asia-Pacific region. 

  • The Netherlands: SBM Offshore Publishes First Half Net Loss of USD 250.8 Million

    18 August 2011
    Business & Finance, Operations & Maintenance

    SBM Offshore today announced half-year results for 2011. Financial Highlights Turnover of US$ 1,461 million (US$ 1,378 million in H1 2010); EBITDA of US$ 359.7 million (EBITDA of US$ 293.5 million in H1 2010); US$ 450 million impairment charge booked in H1 2011, as already announced on 28 July 2011; Net loss of US$ (250.8) […]

  • Hydrex Conducts Underwater Stern Thruster Removal in Cameroon

    18 October 2013

    To save time and money for the owner of a 69-meter offshore supply vessel, Hydrex removed the stern thruster of the ship and installed a new unit during the vessel’s stop in Limbee, Cameroon. By carrying out both parts of the operation underwater the ship could continue its commercial activities and did not have to […]

  • Prysmian to Exhibit at WindEnergy Hamburg

    22 September 2014
    Business & Finance, Equipment

    Prysmian Group will showcase its range of products and services for the wind power industry at the 2014 edition of the WindEnergy Hamburg event in Hamburg (Germany) from September 23 to 26. Long term growth perspectives in the renewable sector and business development strategy have taken the Group to further strengthen commitment to this strategic […]

  • Hilong Takes Delivery of ‘Hilong 106’ Pipelay Derrick Barge

    18 September 2014
    Business & Finance

    The Hilong Group, centered in Beijing and Shanghai, has taken ownership of the offshore pipe-lay derrick barge, purchased late last year and formally named “Hilong 106” attesting to Hilong’s expansion into the offshore engineering and services sector. Hilong acquired the “Hilong 106” pipe-lay derrick barge from Shanghai Zhenhua Heavy Industries Co., Ltd. in late December 2013, […]

  • Hebron waiting for ice to pass

    18 May 2017

    Exxon’s giant Hebron platform in Canada, christened back in April, has yet to sail away to its offshore location. During the platform launching ceremony held at Nalcor Energy’s Bull Arm Fabrication site, it was said that the sailaway to the Atlantic waters offshore Canada was “imminent.” It’s been almost a month since then, but the […]

  • Schlumberger cuts activity in Venezuela over payment problems

    13 April 2016

    Schlumberger, the world’s largest oilfield services provider, will reduce its activity in Venezuela in order to “align operations with cash collections”. Schlumberger has maintained operations in Venezuela since 1929. Today, Schlumberger manages its operations from eight locations. According to the company’s statement, the measure to reduce activity in Venezuela is a result of insufficient payments received […]

  • Obama’s policies on offshore development undermine safety, says Natural Resources Committee Chairman

    16 September 2015

    The U.S. House Committee on Natural Resources on Tuesday held an oversight hearing in New Orleans, LA, on the current state of offshore oil and gas activity in the Gulf of Mexico. The panel received testimony from U.S. Senators David Vitter (R-LA) and Bill Cassidy (R-LA), industry representatives, and the U.S. Department of the Interior’s (DOI) […]

  • Stena Clyde Incident: Offshore Workers Demand Improved OHS Laws

    28 August 2012

    In response to the tragic accident that occurred yesterday aboard the Stena Clyde rig in which two workers lost their lives, Australian unions are calling for Occupational Health and Safety (OHS) Laws to be extended to the offshore industry. The Australian Council of Trade Unions has issued a media release in which it says that the […]

  • USA: NOIA Supports House Alternative 5 Year OCS Lease Plan

    18 July 2012
    Business & Finance

    National Ocean Industries Association (NOIA) President Randall Luthi sent the following letter to House Natural Resources Committee Chairman Doc Hastings in support of HR 6082, which would implement a new five year lease plan for developing the United States’ offshore energy resources over the next five years: Dear Chairman Hastings: “I write to express the […]

  • Seadrill Sells Part of Its Stake in SapuraKencana for USD 200 Million (Malaysia)

    30 May 2012

    Seadrill, one of the world’s largest offshore drilling contractors, has sold 300 million shares in SapuraKencana Petroleum BHD (“SapuraKencana”). The proceeds from the transaction will be approximately US$200 million. SapuraKencana is the new entity formed by a merger of Kencana Petroleum Bhd and SapuraCrest Petroleum Berhad in Malaysia. According to the Borneo Post, the $3.8 […]

  • USA: Zinke, Perry given nod for full senate vote

    1 February 2017

    The U.S. Senate Committee on Energy and Natural Resources on Tuesday voted and approved President Trump’s nominees for Secretary of the Interior, Rep. Ryan Zinke from Montana, and Secretary of Energy, former Texas Gov. Rick Perry, who will now head for a full senate vote. Zinke was reported favorably by a vote of 16 – 6, […]

  • France: Bourbon Reports 15 pct Increase in 3Q Revenues

    10 November 2011
    Business & Finance

    BOURBON today announces that  in the third quarter of 2011, the company’s revenues totaled 252.2 million euros, up 14% (+20% at constant exchange rate) over the same period in 2010, buoyed by the steady improvement in daily rates and the good performance of shallow water offshore vessels. Compared with the second quarter of 2011, BOURBON […]

  • United Heavy Lift Adds Eleven Ships to Its Fleet

    24 January 2020
    Business & Finance

    United Heavy Lift takes over a fleet of nine eco-friendly F900 newbuilds and buys two 12,000 dwt vessels.

  • Valiant Farms-Down and Swaps Part of its Cladhan South Blocks (UK)

    8 March 2011
    Business & Finance

      Valiant Petroleum plc  announces that its wholly owned subsidiary, Valiant Exploration Limited, has reached a series of agreements to farm-down and swap part of its 100% holding in blocks 210/29c and 210/30b which contain the Cladhan South prospect(s) (“Cladhan South”) and sit directly to the south and east of the existing Cladhan discovery. The […]

  • Norway: DOF ASA Takes Delivery of Skandi Gamma PSV

    21 February 2011
    Business & Finance

      DOF ASA informed that they have taken a delivery of Skandi Gamma, hull no 738 from STX OSV Søviknes, on Thursday, February 17 , at at 12:40. DOF ASA thanked to Project Manager Ørjan Tenden-Vie and his team of dedicated site personnel. Ørjan Tenden-Vie will act as Vessel Manager for the vessel until she […]

  • UK: Nautronix Wins Innovation and Technology Award

    16 February 2012

    Nautronix has won the Innovation and Technology Award, sponsored by Simmons & Company International for their NASeBOP (Nautronix Emergency BOP Acoustic Control) System at the Annual Subsea 2012 Business Awards. This prestigious award is a major achievement in recognition for the advancements made through this development; the company has invested $1.5 million this financial year […]

  • Dockwise to Transport Bigfoot Rig from South Korea to USA

    5 October 2011
    Business & Finance

      Dockwise today announces new contract wins and variation orders, revised payment terms for the Vanguard, and advances from certain clients. These factors, taken together, will materially improve the company’s cash flows and working capital in 2011 and 2012. New contracts and variation orders New contract wins include the transportation of the Bigfoot semi-submersible platform […]

  • HRAS: 40 Seafarers Left Stranded in UAE in Dire Conditions

    10 December 2018
    Business & Finance

    Forty crew members have been stranded at the Port of Sharjah in the UAE for over two years.