1235 results found for 'paragon'

1235 results found for 'paragon'
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  • FLEX LNG Posts Q1 Results (UK)

    25 May 2012

    FLEX LNG today reported results for the first quarter of 2012. The Group’s cash balances at 31 March were $11.6m ($6.5m) with $3.2m net outflow ($3.4m) in the quarter. In the three months in 2012 the operating cash outflow was $3.6m (principally the operating loss and working capital movements); and financing activities inflow $0.4m (deferred […]

  • DUNCAN Embarks on Her Second Stage Sea Trials off Scotland

    19 November 2012
    Business & Finance

    DUNCAN, the sixth and final Type 45 destroyer built by BAE Systems, set sail on November 16 from the company’s Scotstoun shipyard on the Clyde to embark on her second stage sea trials off the west coast of Scotland. During the next 19 days at sea, DUNCAN will undertake an extensive programme of trials, including […]

  • USA: Ellicott Announces Major Personnel Additions

    7 February 2014
    Business & Finance, Equipment, Technology

    Ellicott Dredge Enterprises has announced two major personnel changes to its senior management team. Gert de Vries has joined as Senior Director of Engineering, in which capacity he will be supporting the engineering departments of all of Ellicott’s brands, principally Ellicott and Rohr-Idreco. “He will also be mentoring our engineering teams, which is extremely important […]

  • University of Strathclyde’s Power Research Centre Appoints CEO

    24 June 2014
    Research & Development, Storage

    A senior power sector professional and engineer with 30 years’ experience in the industry has been appointed Chief Executive Officer of the University of Strathclyde’s Power Networks Demonstration Centre (PNDC). David Rutherford has taken up the new post at the world-class research and innovation facility. The PNDC, which is based in Cumbernauld, enables researchers to […]

  • Wartsila Nabs Another Integrated LNG Fuel Systems Order

    15 April 2013

    Wartsila’s leading position as a total solutions provider is further enhanced with yet another integrated systems order. The advanced technology solution to be provided by Wärtsilä will make the vessels the most modern and environmentally sustainable LNG carriers ever built. Wärtsilä, the marine industry’s leading solutions and services provider, has received an order to supply […]

  • State of Ohio Orders Two Custom Dredges from Ellicott (USA)

    25 November 2013
    Business & Finance, Equipment, Technology

    For the 10th time over a 50 year period, the State of Ohio has selected Ellicott Dredges to supply new dredging equipment for its Department of Natural Resources (ODNR), which is responsible for maintaining the lakes in the State’s park system. The ODNR has agreed to a multimillion dollar contract to buy two new Swinging […]

  • Island Offshore earns nearly $167 M in new charter deals

    14 March 2014
    Business & Finance

    In the last four months Island Offshore has secured new contracts, as well as extensions of existing contracts, worth close to 1 billion NOK ($167 million). “We are very pleased to have secured these new contracts, all with strategically important customers. We have an attractive fleet to offer the market and during 2014 we will […]

  • Green light for BP and Trinidad and Tobago’s firm for cross-border offshore gas field

    4 June 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    BP and NGC have secured a two-year license for a gas field, which straddles the maritime boundary between Venezuela and Trinidad & Tobago.

  • Providence: New Data Confirm Significant Oil Potential in Rathlin Basin Off Ireland

    24 January 2013
    Business & Finance, Operations & Maintenance, Research & Development

    Providence Resources P.l.c., (“Providence”) the Irish oil and gas exploration and appraisal company, provided an update on its 100% owned and operated licences P1885 and PL 5/10 in the Rathlin Basin, offshore Northern Ireland. In 2012, Providence acquired a Full Tensor Gradiometry (FTG) and magnetic airborne survey over its acreage, which was carried out by […]

  • Wärtsilä to Supply Integrated Solutions for Evergas’ New LNG Carriers

    15 April 2013
    Business & Finance

    Wärtsilä, the marine industry’s leading solutions and services provider, has received an order to supply a comprehensive solutions package for a series Liquefied Natural Gas (LNG) Carriers being built for Danish operator Evergas, a leading transporter of petrochemical gases and natural gas liquids. The ships are being built at the Sinopacific Offshore & Engineering (SOE) […]

  • Seatricity’s Wave Hub future hangs in the balance

    21 February 2017
    Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Technology

    Wave energy company Seatricity is considering the future of its testing program at Cornwall’s Wave Hub which has stalled due to delays with an ERDF grant that was supposed to support this year’s Oceanus 2 trials.

  • Norway: Vestdavit to Provide Extra-long Outreach Davits for PGS’s Seismic Vessels

    23 September 2011
    Business & Finance

    Norway-based boat handling system and specialised davit supplier Vestdavit has been contracted by Mitsubishi Heavy Industry on behalf of Petroleum Geo-Services (PGS) to design and supply extra-long outreach workboat/lifeboat/FRC davits for PGS’s 5th generation Ramform new building seismic vessels. The two davits for each of the two vessels building at Mitsubishi Heavy Industry, Japan for […]

  • Cyprus: Standard Drilling Sells Two Jack-Up Drilling Rigs

    27 June 2012
    Business & Finance

    On June 26th, SD Standard Drilling Plc has entered into a final SPA for the sale of one rig (B324) under construction and further issued the buyer an option to purchase a second rig (B337) under construction. If the option is exercised the gross combined price will be USD 426m. The option to purchase B337 […]

  • Norway: Vestdavit to Supply Extra-Long Outreach Davits for Ramform Seismic Vessels

    23 September 2011
    Business & Finance, Equipment, Project & Tenders

      Norway-based boat handling system and specialised davit supplier Vestdavit has been contracted by Mitsubishi Heavy Industry on behalf of Petroleum Geo-Services (PGS) to design and supply extra-long outreach workboat/lifeboat/FRC davits for PGS’s 5th generation Ramform new building seismic vessels. The two davits for each of the two vessels building at Mitsubishi Heavy Industry, Japan […]

  • Port of Barcelona launches onshore power supply system in container terminal

    18 July 2024
    Ports & Logistics

    The Port of Barcelona has opened its first onshore power supply system (OPS) at Hutchison Ports BEST container terminal. 

  • Polish shipbuilder starts ordering equipment for DOF’s next-gen offshore support vessel

    10 March 2025
    Business & Finance, Business Developments & Projects, Environment, Equipment, Green Marine, Innovation, Outlook & Strategy, Project & Tenders, Technology, Transition, Vessels

    Polish shipbuilder CRIST S.A. has awarded a number of contracts to equip a next-generation offshore support vessel (OSV) it is building for Norwegian vessel owner DOF Group, set to operate offshore Newfoundland and Labrador, Canada. Provisionally named Sea Dragon and scheduled for delivery by Q1 2027, the vessel is based on the MMC 995L SBC design […]

  • UK: DEFENDER, Fifth Type 45 Destroyer Built by BAE Systems, Starts Sea Trials

    12 March 2012

    DEFENDER, the fifth Type 45 destroyer built by BAE Systems, two days ago set sail from the company’s Scotstoun shipyard to embark on her second and final stage of sea trials off the west coast of Scotland, ahead of her handover to the Royal Navy later this year. During 28 days at sea, DEFENDER will […]

  • Port of Hastings: Marine Surveys to Begin (Australia)

    5 December 2013
    Business & Finance, Equipment, Technology

    Equipment, crews, barges, and surveying equipment are on their way to the BlueScope Steel Wharf at the Port of Hastings ready to carry out the first marine site surveys for the container expansion project. The Port of Hastings Development Authority, with specialist contractors Worley Parsons and Aurecon, are preparing to begin marine geotechnical and marine […]

  • Standard Drilling Selling Under Construction Rigs for USD 426 Mln (Cyprus)

    27 June 2012
    Business & Finance

    Cyprus-based SD Standard Drilling Plc (“Standard Drilling”) has today entered into a final SPA for the sale of one rig (B324) under construction and further issued the buyer an option to purchase a second rig (B337) under construction. If the option is exercised the gross combined price will be USD 426m. The option to purchase […]

  • Norway: Vestdavit to Design and Supply Extra-Long Outreach Davits for New Seismic Vessels

    23 September 2011

    Norway-based boat handling system and specialised davit supplier Vestdavit has been contracted by Mitsubishi Heavy Industry on behalf of Petroleum Geo-Services (PGS) to design and supply extra-long outreach workboat/lifeboat/FRC davits for PGS’s 5th generation Ramform new building seismic vessels. The two davits for each of the two vessels building at Mitsubishi Heavy Industry, Japan for […]

  • Saudi Arabia’s ADC Buys Rig from Standard Drilling

    12 July 2012
    Business & Finance

    Cyprus-based SD Standard Drilling Plc (“Standard Drilling”) has entered into a final SPA for the sale of one rig (B325) under construction for a total consideration of USD 213,5m. The buyer is Arabian Drilling Company, a company incorporated in Saudi Arabia. The sale of the rig will give an estimated net profit of USD 8,5m. […]

  • UK: BAE Systems Starts Sea Trials for Its Fifth Type 45 Destroyer

    24 October 2011

    Defender, the fifth Type 45 destroyer built by BAE Systems​, has today set sail from the company’s Scotstoun shipyard to embark on her first stage sea trials off the west coast of Scotland. Exactly two years since her launch on 21 October 2009, Defender will spend approximately three weeks at sea, during which she will […]

  • Minesto’s power production performance in line with simulations

    23 March 2021
    Business Developments & Projects, Innovation, Operations & Maintenance, Technology

    Swedish marine energy company Minesto has delivered its second tidal kite to the Faroe Islands and verified that its power production performance is aligned with simulated predictions.

  • Conference on Renewables Potential of Severn Estuary to Be Held Tomorrow (UK)

    17 April 2013

    Looking forward and creating innovative and sustainable solutions are needed to harness the power of the Severn Estuary to create renewable energy. Finding such exciting solutions which will benefit the economy on both sides of the Severn will be the focus of a conference for engineers, economists, local government officials and conservationists at the University […]

  • UK: Fifth Type 45 Destroyer Built by BAE Systems Sets Sail on Maiden Voyage

    24 October 2011

    Defender, the fifth Type 45 destroyer built by BAE Systems, has today set sail from the company’s Scotstoun shipyard to embark on her first stage sea trials off the west coast of Scotland. Exactly two years since her launch on 21 October 2009, Defender will spend approximately three weeks at sea, during which she will […]