Search results for: atlantic

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  • 10 June 2015
    Business & Finance, Operations & Maintenance, Research & Development

    AtlantOS, one of the largest and most ambitious marine research projects of recent decades has just started and holds its kick-off meeting, with more than 130 representatives of the project partners, from 10 to 12 June in Brussels. During this kick-off meeting the details of the work program will be presented and the overarching goals discussed. […]

  • 17 June 2019

    Havyard recently shared the PSV sale news without disclosing who the client was.

  • 8 April 2015

    Atlantic Marine & Aviation’s new vessel, Atlantic Enterprise, will arrive in Tilbury Docks today where the DP2 system will be installed. The 6,400 GRT Atlantic Enterprise is the first in a series of Atlantic Marine’s vessels to operate as an offshore mothership, accommodation and floatel. It was designed as a solution for the Round 3 […]

  • 4 December 2018
    Business & Finance

    Carnival Corporation to operate the Canary Islands’ and Mid Atlantic’s newest cruise terminal.

  • 20 March 2019
    Equipment, Operations & Maintenance

    Royston has completed the work on overhauling diesel engines for the Seven Atlantic diving support vessels. Engineers undertook the major service on the generator engines onboard the 140m long Subsea 7’s Seven Atlantic, as part of a comprehensive refurbishment and maintenance programme of critical power plant. The work by Royston saw the Wartsila W7L32 diesel […]

  • 4 February 2015

    Italian authorities have found another charred body  on board the fire-stricken Norman Atlantic ferry, the Hellenic Coast Guard informed. The body was found on a truck cabin on deck four.  Italian authorities have transferred the body to the Forensic Medicine Institute in Bari, where identification activities are ongoing. The latest discovery brings the death toll to 12 people, with 18 people […]

  • 1 April 2020
    Business & Finance

    The board and management of oil firm Eco Atlantic have voluntarily taken pay cuts of up to 40 percent to push forward its cost-cutting program attempting to mitigate COVID-19 and oil price drop effects.

  • 18 March 2019

    The Atlantic LNG project in Trinidad and Tobago’s Point Fortin shipped its 4000th cargo over the past weekend.

  • 12 April 2016

    Norwegian offshore shipping company, Atlantic Offshore, has decided to sell most of its operation and subsidiaries. In a statement on Tuesday the company, mainly focused on Emergency Response and Rescue Vessels (ERRV) market, said the sale would secure continued operations and contractual obligations towards customers and employees. According to the agreement, Atlantic Offshore AS sells […]

  • 24 December 2015
    Business & Finance

    Future seems uncertain for Atlantic Petroleum, a Faroese oil and gas company with assets in UK and Norway, as the talks for the sale of its stake in a UK North Sea field have dragged on for weeks. Namely, the company said on Thursday it was still in discussions with a “London-based party” to sell its […]

  • 16 May 2016

    Singapore’s offshore vessel owner Atlantic Navigation has secured work for ten of its offshore supply vessels in the Middle East. The company on Friday said the combined value of the vessel charters was $236 million. The vessels will work for an undisclosed national oil company. According to Atlantic Navigation, the company will supply five Maintenance/Work/Utility vessels and […]

  • 26 May 2017
    Business & Finance

    Faroese oil company Atlantic Petroleum has posted a profit for the first quarter of 2017, following a loss in 1Q 2016. The company that recently sold its stake in the yet to be developed Orlando field in the UK North Sea, reported a net profit of 5.4 million Danish crowns, up from a loss of […]

  • 3 August 2015
    Business & Finance

    Atlantic Petroleum, an independent oil and gas company based in the Faroe Islands, is looking at its options after the company’s Board of Directors authorized the management team to explore a broad range of strategic alternatives, possibly even a sale of the company. As part of the strategic review, Atlantic Petroleum said it would consider a full […]

  • 14 March 2017

    Atlantic Petroleum, a Faroese oil and gas company with assets in the North Sea, has refinanced its debt with its main creditor Eik Bank. Atlantic said on Monday that it had revised terms for the DKK 66 million ($9.5 million) debt to Eik Bank and that the new terms would see the debt paid back […]

  • 14 September 2018

    Shipping company Atlantic Offshore and its main shareholder Ogreid has purchased two ERRVs.

  • 20 October 2016
    Business & Finance

    Atlantic Container Line (ACL), an American shipping company owned by the Italian Grimaldi Group, has christened the Atlantic Sea, its newest transatlantic combination container/roll-on roll-off (CONRO) vessel, in Liverpool. The vessel is a part of the company’s new fleet of generation 4 (G4) CONRO vessels, which includes the Atlantic Star, Atlantic Sail, Atlantic Sea, Atlantic Sky […]

  • 15 May 2019

    Fred. Olsen Windcarrier’s heavy lift vessel Jill has completed her cross-Atlantic journey from the United States to Rotterdam, the Netherlands. The jack-up has been floated off and is now ready for her first offshore wind assignment where she will assist in suction bucket installation tests out of Frederikshavn in Denmark. Jill is equipped with 102m long […]

  • 1 May 2017
    Business & Finance

    Atlantic Petroleum, a Faroese oil and gas company with assets in the North Sea, has elected a three-person board of directors during its Annual General Meeting (AGM) held on April 28 in Torshavn, Faroe Islands. Atlantic Petroleum’s current board proposed that Charles Hendry, Birgir Durhuus, and Ben Arabo, the CEO of Atlantic Petroleum, be elected […]

  • 29 January 2012
    Research & Development

    Offshore wind farms could generate more than enough energy to meet Maryland’s annual electricity consumption, according to a just-published study by researchers at the University of Delaware. The potential power output is nearly double current energy demands for the state, even when taking into account various limitations on where to place equipment in the Atlantic. […]

  • 24 November 2014
    Research & Development

    The National Oceanography Centre (NOC) is to play a leading role in the largest marine science project that the European Commission has ever funded. The €20 million AtlantOS project, due to start in January 2015, will bring together a wide spectrum of scientific disciplines from over 60 research organisations across the world in order to […]

  • 23 November 2017
    Business & Finance

    Atlantic Petroleum has found an interim replacement for its departing CEO Ben Arabo.

  • 25 March 2016

    Atlantic Petroleum, a Faroese oil and gas company with assets in the North Sea, might have secured a lifeline after entering into Heads of Terms with a UK-based investment company. Namely, the company which has been working for months to avoid going into administration, has entered into Heads of Terms with London Oil and Gas […]