10000 results found for 'Norwegian Sea'

10000 results found for 'Norwegian Sea'
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  • Prosafe-Westcon dispute over cost overruns lingers on

    6 April 2017

    Prosafe, an operator of semi-sub accommodation rigs known as flotels, is still in dispute with Westcon over cost overruns related to Safe Scandinavia’s conversion from flotel to tender support vessel (TSV). In its 2016 annual report on Thursday, Prosafe said that the litigation process relating to the final costs of the conversion of the Safe Scandinavia […]

  • More red ink for Solstad Offshore as vessel impairments bite

    24 February 2017
    Business & Finance

    Solstad Offshore, a Norwegian offshore service and supply vessel provider, expects low vessel activity combined with overcapacity to continue through 2017. The company’s loss increased during 4Q 2016 hit by vessel impairments.  The shipping company completed its merger with another OSV provider, REM Offshore, last December, increasing its fleet from 44 to 61 vessels. Following the merger […]

  • Maersk Drilling Wins Rig Charter Contract from Statoil

    31 May 2012
    Business & Finance

    Statoil has awarded Maersk Drilling contract for chartering a completely new jack-up rig for the Dagny field on the Norwegian continental shelf (NCS). The jack-up rig will drill on the Dagny oil and gas field in the North Sea. Earlier this year Statoil and its partners chose a fixed processing platform concept, by which the […]

  • Norway: I.M. Skaugen Sees LNG Future

    17 January 2012

    I.M. Skaugen said yesterday it is beginning to transform itself into being more of a LNG infrastructure company. “With significant investments in, and efforts to develop, technology and design as well as in Business development, this will require us to concern ourselves with virtually every aspect of the LNG value chain, from transportation on sea […]

  • UK: Rolls-Royce Newly-Developed Permanent Magnet Tunnel Thruster

    20 September 2012

    Rolls-Royce, the global power systems company, has delivered the first of its newly-developed permanent magnet tunnel thruster (TT-PM) to Norwegian company Olympic Shipping, who will operate the thruster on their vessel Olympic Octopus. Tunnel thrusters are positioned fore and aft on a wide range of ships and provide sideways thrust for maneuvering and holding position […]

  • Eidesvik PSV prolongs its time with Wintershall Dea

    31 October 2023
    Business & Finance, Business Developments & Projects, Vessels

    Norwegian offshore vessel operator Eidesvik Offshore has secured a contract extension with Wintershall Dea for its platform supply vessel (PSV) Viking Princess. Viking Princess was hired by Wintershall Dea Norge back in October 2020 and the first extension option was exercised in October 2021 to prolong the vessel’s stay for one year. The company used another option to extend the PSV’s […]

  • Höegh Autoliners, Fortescue urge regulators to fast-track green ammonia adoption

    13 November 2024
    Collaboration, Environment

    Norwegian shipowner Höegh Autoliners and Australian green technology, energy and metals company Fortescue have called on global shipping regulators to fast-track the adoption of green ammonia to speed up decarbonization efforts.

  • GEOMAR Studies Ocean Acidification Impacts on Bacteria

    23 June 2014
    Business & Finance, Research & Development

    Two recent studies by members of the research group for Microbial Biogeochemistry at GEOMAR Helmholtz Centre for Ocean Research Kiel show how the oceans’ uptake of carbon dioxide on the one hand stimulates the growth of marine bacteria and the decomposition of organic material in the upper layer. On the other hand, it may also […]

  • Fjord Shipping opts for GEA BallastMaster marineX

    1 May 2020
    Equipment, Rules & Regulation, Technology

    Norwegian company Fjord Shipping has entered into a deal with German technology group GEA to equip one of its vessels with GEA BallastMaster marineX. The ship in question is a small oil and chemical tanker named Key South, built in 2010. The BallastMaster marineX is a product GEA made in partnership with Trojan Technologies from […]

  • Cyprus: Prosafe’s 3Q Operating Profit Down on Lower Contribution of Safe Bristolia

    2 November 2011
    Business & Finance

    Operating profit for the third quarter came to USD 69 million and net profit amounted to USD 62.8 million. The utilisation of the rig fleet was 91 per cent. Financials (Figures in brackets refer to the corresponding period of 2010) Operating profit for the third quarter amounted to USD 69.0 million (USD 83.0 million). Utilisation […]

  • Seaspan LNG bunkering ships to feature Høglund integrated automation systems

    20 September 2022
    Business Developments & Projects, Infrastructure, Technology, Vessels

    Norwegian integrated automation and energy specialist Høglund Marine Solutions has been selected to deliver integrated automation system (IAS) for three newbuild LNG bunkering vessels being built for Canadian shipowner Seaspan ULC.

  • Exclusive: CIMC to build next-gen wind installation vessel for OIM

    6 October 2020
    Vessels

    Norway-based OIM Wind, together with its financial partners, has signed an EPC contract with the CIMC Yantai Raffles Offshore shipyard in China for the construction of an installation vessel capable of installing giant next-generation offshore wind turbines. The vessel, currently referred to as BT-220IU Wind Installation Unit, will enter into service by the end of […]

  • SpotOn Energy takes next step in Barryroe farm-in

    20 July 2020
    Business & Finance, Business Developments & Projects, Project & Tenders

    After securing exclusivity for the farm-out of Providence’s Barryroe field through $3 million investment, SpotOn Energy took a new step in the farm-out process.

  • ABB Bags $450 Mln NSN Deal

    14 July 2015
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    ABB has won an order worth about $450 million to link the power grids of the United Kingdom and Norway, increasing security of power supply for both countries and supporting the integration of more renewable wind and hydroelectric power into their networks. The order was placed by Statnett, the state-owned network operator in Norway, and […]

  • 200 MW floating wind farm in South Korea moves forward

    7 May 2021
    Business Developments & Projects, Project & Tenders

    A 200 MW floating wind project in South Korea, developed by Korea National Oil Corporation (KNOC), Korea East-West Power (EWP), and Equinor completed the preliminary feasibility study on 4 May. With the completion of the study, conducted by the Korea Development Institute (KDI), the project – called Donghae 1 – will now gain momentum to […]

  • Saipem Wins New E&C Offshore Contracts Worth USD 1.5 Billion (Italy)

    17 October 2011
    Business & Finance, Operations & Maintenance, Project & Tenders

      Saipem has been awarded new E&C Offshore contracts worth $1.5 billion. In Iraq, Saipem has been awarded by South Oil Company the EPIC contract for the Iraq Crude Oil Export Expansion Project – Phase 2, within the framework of the expansion of the Basra Oil Terminal, off the Al Faw Peninsula in the Arabian […]

  • Offshore ReWIND: The Most Read News of 2015

    31 December 2015
    Authorities & Government, Business & Finance, Environment, Human Capital, Operations & Maintenance, Research & Development, Storage, Technology

    The Offshore WIND staff thought that the New Year’s Day would be the perfect time to let you – our readers – be editors and compile a list of news you found the most interesting and worth a read in 2015. DONG Energy Seeks Technical and Consultancy Staff for Danish Projects DONG Energy has invited tenders for temporary […]

  • Norway: Valhall Gets Power from the Mainland

    21 October 2011
    Business & Finance

    ABB, the leading power and automation technology group, has successfully commissioned a power link from the southern Norwegian mainland grid to BP’s Valhall multi-platform complex in the North Sea. The HVDC Light (high-voltage direct current) link is a highly reliable, cable based state-of-the-art power transmission system that will enable power from shore to supply the […]

  • Solstad Farstad increases savings target

    19 December 2017
    Business & Finance

    Norwegian offshore support vessel owner Solstad Farstad has increased its cost reduction program target to annualized reductions of NOK 700-800 mill within end of 2018.   The plan to merge Solstad Offshore, Farstad Shipping and Deep Sea Supply into one company was revealed on February 6, 2017. The new company was targeting annual synergy and cost savings of NOK […]

  • Omega Subsea buys personnel firm in UK

    28 June 2016
    Business & Finance

    Omega Subsea UK, a provider of project personnel to the energy industry, has acquired Westhill-based personnel firm Accpron UK. Omega Subsea UK, the UK division of Norwegian project management firm Omega, said on Tuesday that this move will strengthen the provision of project management teams and personnel to the subsea, energy and oil and gas industries. Omega […]

  • EnQuest develops new incident management tool

    17 February 2014
    Business & Finance, Equipment

    A new, fully-integrated incident investigation, reporting and management tool being implemented by EnQuest is believed to be an industry first for the North Sea.

  • NOV Bags Contract for Seabox Subsea Water Treatment System

    28 February 2018
    Equipment, Project & Tenders

    National Oilwell Varco (NOV) has signed its first contract for the Seabox subsea water treatment system. The contract was signed with an unnamed operator who will deploy the system at an offshore installation in the third quarter of 2018 for an extended test during the 2018/2019 winter season. The Seabox system enables water treatment to […]

  • CIP taps Færder Tankers and BW Epic Kosan to develop ammonia carrier fleet

    27 November 2024
    Business & Finance, Business Developments & Projects, Green Marine, Infrastructure, Outlook & Strategy, Vessels

    Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund (ETF), has signed multiple memorandums of understanding (MoUs) with shipping companies to advance the development of ammonia-fueled carriers.

  • German cruise operator picks ABB technology to improve efficiency and reduce emissions

    31 July 2024
    Business Developments & Projects, Green Marine, Technology, Vessels

    Aiming for improved efficiency and safety and lower emissions, German cruise operator Phoenix Reisen has decided to modernize its ship MS Amera and equip it with DC technology and shore connection from Switzerland-based technology company ABB. Specifically, ABB’s Onboard DC Grid power system and shore connection were installed on the 205-meter 835-passenger capacity ship. Following commissioning […]

  • Unifeeder launches new carbon insetting solution to back decarbonization

    3 June 2024
    Business & Finance, Business Developments & Projects, Environment

    Danish short sea operator Unifeeder has launched a new carbon insetting solution to decarbonize the seaborne sections of its supply chains.