10000 results found for 'Norwegian Sea'

10000 results found for 'Norwegian Sea'
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  • PGS Strengthens Capital Base to Invest in Fleet Expansion

    16 November 2010
    Business & Finance

    Petroleum Geo-Services ASA (“PGS” or the “Company”) has decided to effect a private placement, directed towards professional Norwegian and international investors, after the close of Oslo Børs today. The private placement comprises of up to 19,799,998 new shares, with the price to be determined through an accelerated book-building process. For detailed information about the private […]

  • UK: Sigma Offshore Secures US$6.1m Donation

    3 May 2010
    Business & Finance

    Sigma Offshore, which has developed a pioneering mooring and fluid transfer system for oil and gas production vessels, has secured funding totalling US$6.1m from global oil and gas services company National Oilwell Varco (NOV), Scottish Enterprise’s Scottish Venture Fund (SVF) and venture capital firm, Energy Ventures. This is the second time Scottish Enterprise’s Scottish Venture […]

  • USA: Schilling Robotics Receives Order from TS Marine for Two UHD™ ROV Systems

    5 August 2010
    Business & Finance, Equipment

    Schilling Robotics received an order for two of its 4,000 meter (13,000 feet) rated UltraHeavy-Duty™ (UHD™) Remotely Operated Vehicles (ROVs) from Australian subsea specialist TS Marine. The UHD™ systems will be delivered in the summer of 2010. The UHD™ systems will be outfitted with Schilling’s XE™ extended excursion Tether Management System (TMS), and will be […]

  • MS Stavangerfjord Completes Maiden Voyage

    19 July 2013
    Business & Finance

    The sleek, environmentally-friendly cruise ferry MS Stavangerfjord has completed its maiden voyage to the joy after four years of waiting of Fjord Line staff and to the delight of its first passengers. On the evening of Sunday, July 14, Captain Erik Johansen and his crew could at long last could say ‘welcome aboard’ to roughly […]

  • ACS Reduces Need for Power and Fuel Consumption

    19 September 2013

    The continuing quest by owners, operators, shipbuilders and designers to find recession-beating, fuelefficient and more CO² friendly sources of power has been one of the marine industry’s overriding campaigns over the past 10 years. Sleeker hulls and trials and tests with alternative fuels have been two of the options favoured by leading companies to improve […]

  • Langlee Signs Agreement at Canary Islands

    1 April 2014
    Authorities & Government, Business & Finance

    Less than 15 months after setting up in the Canary Islands, Langlee has signed agreements with clients, local government, and technology partners. Industrial partners and investors are now invited to participate in the commercialisation phase. Canary Islands Regional Minister of Employment, Industry and Commerce, Francisca Luengo, recently announced that the Islands need this type of […]

  • New CEO takes the helm at DEA amid Wintershall merger talks

    4 January 2018
    Business & Finance

    Maria Moræus Hanssen has started as the new chief executive officer of DEA Deutsche Erdoel AG, an oil and gas company based in Germany and owned by LetterOne. 

  • NKT repairs Norway-Denmark power link

    22 October 2020
    Infrastructure, Operations & Maintenance

    NKT has repaired the Skagerrak 1 and 2 cable systems between Norway and Denmark. The national power grids between Denmark and Norway connect through four HVDC-links crossing the Skagerrak strait. Combined they have the capability to carry 1,700 MW of energy between the two countries. Following the damage on the Skagerrak 1 and 2, the […]

  • New contracts for Solstad subsea duo

    4 March 2021
    Vessels

    Norwegian shipowner Solstad Offshore said Thursday it has inked contracts for two of its subsea construction vessels (CSVs) in the renewables and seismic sectors. The CSV Normand Fortress has secured a contract with UK-based contractor Manor Renewable Energy for operation on a UK wind farm. The contract should commence in October 2021, in continuation of […]

  • Magseis Delivers Best Quarter Ever

    2 November 2017
    Business & Finance, Equipment, Operations & Maintenance

    Norwegian seabed seismic services player Magseis has bounced back in black in the third quarter of 2017 as revenue jumped close to 120 percent when compared to the prior-year quarter. The Oslo-listed company has seen its revenue at USD 28.6 million, up from USD 13.1 million same time last year. Revenue for the first nine […]

  • Aker BP, Lundin and NOV Join Fuglesangs Seabed Boosting Development

    2 May 2017
    Business & Finance, Equipment, Research & Development

    A subsea technology spin-off from Norwegian firm Fuglesangs has signed an agreement with Aker BP, Lundin and NOV to develop and test a full scale prototype of  what is marketed as ‘the worlds most autonomous boosting system’. The system will be qualified as part of The Research Council of Norway’s (“Forskningsrådet”) Demo2000 program and is […]

  • Siem Offshore braces for prolonged downturn in offshore supply vessel market

    28 February 2019
    Business & Finance

    Norwegian offshore and subsea shipping company Siem Offshore believes that overall rate levels will remain volatile and at generally low levels throughout 2019.

  • Scientists to Develop Micro Sensor for Ocean Acidification Monitoring

    14 November 2013
    Business & Finance, Equipment, Research & Development

    The first step in developing a cost-effective micro sensor for long-term monitoring of ocean acidification has been achieved by a team of scientists and engineers. The new technology, that will measure pH levels in seawater, was developed by engineers from the National Oceanography Centre, in close collaboration with oceanographers from University of Southampton Ocean and […]

  • Wallenius Wilhelmsen pens deal for up to 12 methanol and ammonia-ready newbuilds

    15 August 2023
    Business & Finance, Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    Oslo-listed RoRo vessel operator Wallenius Wilhelmsen ASA has signed a letter of intent for delivery of four 9,350 CEU methanol-capable and ammonia-ready vessels and individual options for an additional eight car carriers. The four vessels are set for delivery from mid-2026 and onwards by China’s Jinling Shipyard (Jiangsu). “We are securing our position as our […]

  • Aker BP to drill 15 exploration wells in 2019. Plans to triple output by 2025

    18 January 2019

      Norwegian oil company Aker BP is raising its growth ambitions on the back of what it says is a strong performance in 2018. Aker BP on Friday said it plans to organically triple its production by 2025, to cut production costs from USD 12 to USD 7 per barrel by 2023, and to significantly […]

  • Eni Announces Names of Researchers and Scientists Awarded at ‘Eni Award 2011’ (Italy)

    19 April 2011
    Business & Finance, Research & Development

    Eni announces the names of the researchers and scientists awarded in the fifth edition of the Eni Award. The award was established in 2007 and over the years has become an international reference point for research in the fields of energy and the environment. The Eni Award aims to encourage a better use of energy […]

  • Safety in UK offshore oil & gas sector improving, report says

    27 July 2017

    The latest annual health and safety data published for the UK offshore oil and gas industry signals a continued trend of improving performance despite 2016 being a challenging year, Oil & Gas UK has said.  The sector’s trade body on Thursday, July 27 published its Health & Safety Report 2017 – capturing the significant trends, […]

  • Scotrenewables Secures GBP 7.6 Million for Tidal Energy Project (UK)

    14 December 2012
    Business & Finance

    Orkney-based tidal energy firm, Scotrenewables Tidal Power, have secured £7.6 million worth of foreign investment as they look to design, build, install and test a next generation tidal turbine, the SR200. The private funding from overseas adds to the £1.24 million grant the company received from the WATERS2 scheme run by the Scottish Government, Scottish Enterprise […]

  • Experiment in Norway: Painting Wind Turbines to Avoid Bird Collisions

    9 August 2013
    Environment, Research & Development

    An experiment of huge dimensions has started at Smøla wind farm. Several wind turbines will be painted to make them more visible to birds, thus reducing the risk of collisions. Never before has a trial of this nature been carried out with such thorough scientific follow-up. The INTACT project, which is a collaboration between several […]

  • TechnipFMC to support Nigerian oil and gas projects with subsea equipment

    21 April 2022
    Business & Finance, Business Developments & Projects, Regulation & Policy

    TechnipFMC has been granted pilot approval from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to deploy its Subsea 2.0 equipment for the country’s oil and gas projects.

  • TenneT Gives Go-Ahead to NordLink Project

    16 December 2014
    Business & Finance, Operations & Maintenance

    TenneT has given the green light to its participation in the construction of the NordLink cable from Germany to Norway. The power cable, which largely runs across the seabed (516 km subsea cable), has a capacity of 1,400 MW, the equivalent of 466 wind turbines of 3 MW, 580,000 solar panels or a very large […]

  • Pacific Drilling Secures $1 Bln Financing for 6th and 7th Drillships

    20 February 2013

    Pacific Drilling S.A. has signed a $1 billion senior secured credit facility agreement to finance construction of the Pacific Sharav and Pacific Meltem. The term loan made pursuant to the credit facility will have a maturity of 5 years from the delivery date of the Pacific Meltem. Construction of the Newbuilds commenced in Spring 2012 […]

  • Oil & Gas UK Boss: We Are Not Drilling Enough Wells

    30 January 2014

    Deloitte earlier this week issued a report in which it said only 47 exploration and appraisal wells were drilled on the UK Continental Shelf (UKCS) in 2013, compared with 65 in 2012 Malcolm Webb, chief executive of Oil & Gas UK, an organisation representing the UK offshore oil and gas industry, said that the report by […]

  • In focus: Working together towards a sustainable future

    31 December 2021
    Business Developments & Projects, Equipment, Green Marine, Infrastructure, Research & Development, Transition, Vessels

    The energy transition process is moving ahead with each passing day as witnessed in a week behind us with a lot of announcements highlighting the net-zero future. A good example of the will to change comes from CNOOC Petroleum Europe and Flotation Energy, currently involved in a project which would see one of the UK’s […]

  • Kvaerner to splash out on new Stord quay following Castberg topsides award

    13 February 2018
    Business & Finance

    Norwegian engineering and construction services company Kvaerner plans to invest NOK 370 million ($46.9M) in a new quay at the company’s facility at Stord, Norway.  The move comes following the award of a contract to Kvaerner by Statoil for delivery of the topside modules for the Johan Castberg FPSO, as well as for hook-up and integration […]