2234 results found for 'ulstein'

2234 results found for 'ulstein'
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  • Vattenfall Operating Profit Hits EUR 1.08 Bln

    23 July 2014
    Business & Finance

    Vattenfall reported an operating profit of SEK 10 billion (EUR 1.08 billion) for the first half of the year. Availability for all types of generation was favourable, but demand remained weak, and electricity prices fell further. Operating profit was positively affected by SEK 3.1 billion (EUR 0.34 billion) in capital gains and negatively affected by […]

  • Canada: TGS, PGS Jointly Start Seismic Survey Offshore Newfoundland

    12 September 2011
    Business & Finance

    TGS has commenced a new 22,000 km multi-client 2D survey offshore Newfoundland in the Labrador Sea in partnership with PGS. The new seismic data is being acquired by the M/V Sanco Spirit and utilizes the PGS GeoStreamer® technology. Data acquisition will continue through Q3 2011 and the vessel will return in 2012 to complete the […]

  • Shell gets nod to drill into oil-bearing zones offshore Alaska

    18 August 2015
    Exploration & Production

    Shell has obtained an approval to go deeper, into oil-bearing zones, with its exploration in the Chukchi Sea, offshore Alaska. Bureau of Safety and Environmental Enforcement (BSEE) Director Brian Salerno on Monday announced that Shell received approval of one Application for Permit to Modify (APM) to conduct exploratory drilling activities into potential oil-bearing zones offshore Alaska […]

  • USA: ANDRITZ HYDRO Hammerfest Receives International Pioneer Award

    24 June 2012
    Business & Finance, Equipment

    ANDRITZ HYDRO Hammerfest, leading tidal energy company, receives the “International Pioneer Award“ during the 9th Energy Ocean International Conference & Exhibition held in Boston, USA for their contribution and efforts in exploring marine energy. Stein Andersen, Managing Director in ANDRITZ HYDRO Hammerfest says: “It is a pleasure receiving this award that gratifies all our efforts […]

  • Framo to Supply Subsea Pumps for Total E&P Angola

    16 October 2012
    Business & Finance, Equipment

    Framo Engineering, a Schlumberger company, today announced a $200-million contract from Total E&P Angola for the supply of a subsea multiphase pumping system for the Girassol Resources Initiatives (GirRI) Project. “This is our third contract to provide booster pump systems for Total E&P Angola’s Block 17 asset, the first one being the Pazflor pumping system,” […]

  • German Wind Energy Market Records Stable Growth in 2012

    1 February 2013

    The German wind energy market recorded further stable growth in 2012. According to current data collected by Deutsche WindGuard on behalf of the German Wind Energy Association (BWE) and VDMA Power Systems (VDMA PS), 2012 saw the installation of 1,008 new wind turbines (2011: 895) with a total capacity of 2,439 megawatts (2011: 2,008). Connection […]

  • Reach Subsea extends charter of 2007-built subsea vessel

    30 May 2023
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Norway-headquartered Reach Subsea has extended the charter of Olympic Subsea’s multifunctional subsea support and construction vessel Olympic Triton. Following a six-month charter of the vessel announced on 6 February, Reach Subsea reported that it had exercised the option to charter the 95-meter-long vessel for three years plus two yearly options. “The strong market growth for […]

  • Statoil, Wintershall Complete Norwegian Continental Shelf Transaction

    31 July 2013
    Business & Finance, Operations & Maintenance

    The agreement signed with the German oil and gas company Wintershall, which includes the divestment of Statoil’s share of the Brage licences, a farm-down in Gjøa and Vega, and acquisition in the Edvard Grieg licence in the North Sea, has been completed. The consideration to be paid to Statoil is USD 1.45 billion. This amount […]

  • Reach Subsea wins BP call-off for Trinidad and Tobago services

    22 April 2021
    Business Developments & Projects, Collaboration, Operations & Maintenance, Outlook & Strategy, Vessels

    Norwegian contractor Reach Subsea has been awarded a call-off contract under the frame agreement with BP for the support services offshore Trinidad and Tobago.

  • Reach Subsea and MMT in survey services JV

    30 June 2015
    Business & Finance

    Reach Subsea and MMT have established a Joint Venture agreement primarily for survey services, as the two parties have performed a charter restructuring arrangement, in order to achieve more flexibility to the business model and strengthen the companies’ combined market reach. Included in the Joint Venture agreement is the shared commitment of the two survey vessels, […]

  • Statoil confirms PGS CEO as new chairman

    7 June 2017
    Business & Finance

    The corporate assembly of Norwegian oil major Statoil held on Tuesday, June 6 has endorsed all recommendations from the nomination committee including the election of the company’s new chairman. Statoil’s nomination committee unanimously recommended PGS CEO Jon Erik Reinhardsen as the company’s new chairman of the board of directors at the end of May. Current […]

  • Reach Subsea in Charter Overhaul, Solstad and Rederi Become Shareholders

    26 April 2016
    Business & Finance, Operations & Maintenance

    Norwegian contractor Reach Subsea said it has agreed on restructuring of its charter agreements with Solstad Offshore and Østensjø Rederi, which should enable the company to move forward with market based chartering rates. As part of the restructuring Solstad Offshore and Østensjø Rederi will become new shareholders of Reach Subsea. The details of the agreement […]

  • Report: HSH Nordbank to Land USD 237 Mn from Sale

    5 December 2017
    Business & Finance

    German shipping lender HSH Nordbank could fetch a price of USD 237 million (EUR 200 million) from potential new buyers, the Wall Street Journal reported citing unnamed sources. Cerberus Capital Management LP and J.C. Flowers have submitted a joint bid, while Apollo Capital Management and London-based Socrates Capital filled separate offers, according to the report. The […]

  • REpower Systems AG inaugurates new technology center on Kiel Canal (Germany)

    25 August 2010
    Environment

    The Minister President of Schleswig-Holstein officially inaugurated the new technology center of REpower Systems AG today in Osterrönfeld in the Rendsburg-Eckernförde district. Minister President Carstensen and the REpower Executive Board cut the red ribbon and symbolically opened the building. The opening ceremony was attended by more than 100 guests of honor. Around 470 employees, primarily […]

  • Flex LNG swings to profit, secures $650 mln new financing in 2019

    20 November 2019

    Flex LNG, the company controlled by billionaire John Fredriksen and an emerging player in the LNG shipping business, swung to a profit in the third quarter of the year. 

  • Framo Engineering Bags Subsea Contract from Total E&P Angola

    16 October 2012
    Business & Finance, Equipment, Project & Tenders

    Framo Engineering, a Schlumberger company, announced a $200-million contract from Total E&P Angola for the supply of a subsea multiphase pumping system for the Girassol Resources Initiatives (GirRI) Project. “This is our third contract to provide booster pump systems for Total E&P Angola’s Block 17 asset, the first one being the Pazflor pumping system,” said […]

  • Gulf of Mexico oil firms evacuate workers ahead of storm

    11 July 2019

    U.S. Gulf of Mexico operators are evacuating offshore workers from rig and platforms in response to tropical weather activity.

  • USA: DEC Releases Details on Kensico Dredging Program

    1 October 2013
    Business & Finance

    The Commissioner Carter Strickland announced the following statement on the Department of Environmental Conservation proposed modifications to consent order regarding releases from Ashokan Reservoir and future dredging at Kensico Reservoir. “The details released by the state Department of Environmental Conservation (DEC) of proposed modifications to the draft consent order are an important step for the […]

  • LNG New Technologies, MGI Thermo form containment JV

    25 August 2017
    Vessels

    LNG New Technologies tied with MGI Thermo to establish LNT Marine in June this year following the cooperation on LNT A-Box liquefied natural gas containment system. 

  • Fox River Dredging Resumes

    31 March 2015
    Business & Finance

    The Fox River Cleanup Project – Season 2015, designed to reduce risk to human health and the environment due to the presence of PCBs in Fox River sediment, started yesterday, announced the Fox River Cleanup Group. This cleanup program is a multi-year cleanup effort that includes dredging, capping and covering over a 13-mile stretch of the Lower Fox River. […]

  • TSG Starts 3D Survey over Brendan Basin

    17 June 2014
    Business & Finance

    TGS has commenced acquisition of a new 3D multi-client survey in the West of Shetland region. The survey will cover 2,500km2 and will tie into TGS’ existing 3D library in the region, bringing the total volume of recent TGS 3D in the area to more than 17,500 km2. Stein Ove Isaksen, Senior VP Eastern Hemisphere […]

  • Statoil Makes Significant Gullfaks Find (Norway)

    19 April 2013

    Statoil  and partner Petoro have proven considerable additional resources in the Shetland Group/Lista Formation in the Gullfaks licence, offshore Norway. The Shetland Group and the Lista Formation are younger and slightly shallower deposits with different properties compared to the deposits of the Brent Group where the Gullfaks main reservoirs are located. Indications of hydrocarbons in […]

  • Kongsberg Equipment for New Hydrographic Survey Vessel

    26 February 2019
    Equipment

    Kongsberg Maritime, through its partner Unique Hydra, has been selected to deliver an integrated hydroacoustic and bridge system technology package for the new hydrographic survey vessel being built by Southern African Shipyards (SAS) in Durban. Due for delivery in 2022, the new 95 meters long, 17.5 meters wide vessel will replace the SAS Protea, which has been […]

  • Reach Subsea wraps up iSurvey acquisition

    22 March 2022
    Business & Finance, Business Developments & Projects, Collaboration, Equipment, Market Outlooks, Outlook & Strategy, Technology

    Norwegian subsea contractor Reach Subsea has completed the acquisition of an offshore survey company iSurvey.

  • Statnett Gets Green Light for Two Major Subsea Cable Links

    13 October 2014
    Business & Finance, Equipment, Operations & Maintenance

    Today, the Norwegian Ministry of Petroleum and Energy has granted Statnett licences to construct interconnectors to Germany and the UK. These projects have thus taken an important step closer to realisation. “We are very pleased that the Ministry has now issued licences for the two planned subsea cables to Germany and the UK. This is […]