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  • 10 April 2007

    For 25 years Jimmy Cheng’s Symbol Yachts has been producing ‘semi custom’ Trawlers and Pilot House motor yachts in Taiwan and Symbol and has earned a sound reputation for delivering quality products representing excellent value for money. In 1998 world renowned naval architect Jack W. Sarin, best known for his mega yacht designs, signed on […]

  • 14 January 2014
    Business & Finance

    ENDOFA, a bunker supplier owned and operated by three Danish partners, Kenn Soendergaard, Mads Borggaard and Allan Frost, has completed its first year with a turnover of USD 235 mil between the company’s offices in Houston and Dubai, more than doubling the organization’s first-year turnover projections. “ENDOFA has been well received in the competitive market […]

  • 30 March 2015
    Business & Finance

    Hamburger Hafen und Logistik AG (HHLA) improved its operating result (EBIT) by 10 % year-on-year to € 169.3 million in the 2014 financial year. “Despite a challenging environment particularly due to the further delay in dredging the navigation channel of the river Elbe, 2014 was a successful year for HHLA, as demonstrated by the significant […]

  • 2 December 2010

    Wintershall is making good progress on the path to becoming one of the most important operators in Norway: at the German-Norwegian energy conference “Energy Security” in Berlin, Martin Bachmann, Member of the Board of Executive Directors of Wintershall and responsible for Exploration and Production, said he was pleased with the company’s activities in northern Europe. […]

  • 30 March 2006

    In the first two months of 2006, W

  • 23 January 2012
    Business & Finance

    Drilling solutions provider AGR has successfully completed its first Brazilian operation using their EC-Drill™ technology.  This EC-Drill™ solution is based on the well-proven RMR System that has been modified for use on Petrobras jack up wells. AGR’s Managed Pressure Drilling system was used on two Petrobras Brasil wells in the Rio Grande do Norte region. […]

  • 11 December 2013

    ”We have been building abroad since 1998 and are quite unique in the way we do this as most companies want to fabricate in their own factory or yard.” Arie Berkman, commercial director at Hertel Offshore refers to the company’s international success formula of building abroad at the site of one of their local partners. […]

  • 11 August 2008

    BG Norway has had success drilling the Jordbaer (Strawberry) prospect offshore Norway which has tested a “significant” discovery. Partner Revus Energy said the 34/3-1S operated by BG Norge in the PL373 S licence area northeast of the Snorre field tested with an average rate of 7,500 b/d and, according to Revus, significantly “…Increases the likelihood […]

  • 18 July 2007

    The Rosebank appraisal well 205/1-1 west of Shetland is a success. During a production test, the well flowed at choked rates of 6,000 barrels of oil per day. Statoil has a 30% interest in the find.

  • 5 July 2013
    Business & Finance

    Wärtsilä, has announced that another of its two-stroke engines, the Wärtsilä RT-flex58T version D ER-3, has successfully passed its Type Approval Test (TAT). This engine is a further optimised version of the Wärtsilä RT-flex58T version D engine with reduced power and greater fuel economy. The new version has been specifically redesigned to meet the operating […]

  • 1 February 2011

    Wintershall Norge drilled a dry hole in the Norwegian sector of the North Sea with its 35/12-3S wildcat well just north of the Troll field.

  • 24 December 2010

    Northern Petroleum has successfully tested its UK Markwells Wood oil field and flowed oil to the surface. Northern said a core sample has been recovered from the Markwells Wood 1 well which flowed oil to the surface, after the well was drilled to a dept of 4,584 feet (1397 metres) sub-sea. Northern indicated it would […]

  • 14 June 2013

    More and more vessels are being built abroad, not only to save on labour costs, but also on costs of building materials. Clearly a production run of similar vessels offers economies, but the Netherlands is especially known for its complex and often custom-build vessels with a high focus on quality, which is more difficult to […]

  • 9 July 2019
    Rules & Regulation

    The tests were declared a success by the country’s transport ministry.

  • 6 August 2012
    Business & Finance

    Recent increase in support for Wave & Tidal energy in the UK, up from 2 ROCs to 5 ROCs, will stimulate the marine sector. Smart companies are positioning themselves to succeed in this emerging sector now. Tidal Today, the leading think tank providing independent news and analysis for tidal energy, is working with Gurit for […]

  • 2 July 2015
    Business & Finance

    The beach recycling scheme in Christchurch, which was 12 months in the planning and which took eight weeks to implement, has been completed. The scheme to replenish beaches in Christchurch affected by the succession of storms during the winter of 2013/14 has involved pumping sand and shingle from the large off-shore sandbar (known as an […]

  • 9 May 2006

    Nigeria has successfully recorded another giant stride in offshore oil exploration. The latest in its exploration success is its deepwater Bonga North Oil and Gas prospect, Offshore Nigeria. Bonga North 2Xwell, according to sources, is located north of the Bonga main field. It was spudded on October 25, 2005 and drilled in 1 019 metres […]

  • 28 August 2008

    SOCO International plc (‘SOCO’ or ‘the Company’) The Company’s majority owned subsidiary, SOCO Vietnam Ltd., announces that the Te Giac Trang appraisal well, the TGT-7X on Block 16-1 in the Cuu Long Basin offshore Vietnam, flowed at a combined maximum rate of approximately 8,100 barrels of oil per day (‘BOPD’) from two drill stem tests […]

  • 13 May 2007

    There will be a posse of Volvo Ocean Race sailors filling key roles during the semi-finals of the Louis Vuitton Cup in Valencia over the next few days. No fewer than 30 crew members with at least one Whitbread/Volvo Ocean Race on their CVs will be scattered among the challenger pairings of Emirates Team New […]

  • 2 May 2012
    Business & Finance

    Coastal Energy Company announces the successful results of the Bua Ban South drilling, located offshore Thailand. A-03ST and A-05 wells. The Bua Ban South A-05 well was drilled to a depth of 3,525 feet TVD approximately 1,650 feet to the east of the A-04 well. The well encountered 20 feet of net pay across two […]

  • 11 May 2018
    Business & Finance, Equipment, Operations & Maintenance

    Paradigm Flow Services’ Houston division has secured work worth £7 million ($9.7 million) in the last 12 months. In late 2016, Kevin Keogh relocated from the company’s Aberdeenshire HQ to Houston where he now heads up business development activities as VP of Commercial. The commercial and engineering capability of the local team has been further […]

  • 11 June 2015

    Mexican oil company Pemex has made four significant oil discoveries in the Gulf of Mexico. This was revealed by the CEO of the Mexican oil company, Emilio Lozoya, at an oil conference in Guadalajara. He said that these discoveries were the biggest for Pemex in the last five years after Tsimin-Xux and Ayatsil finds. Lozoya said that the fields […]