2241 results found for 'ulstein'

2241 results found for 'ulstein'
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  • Avance Gas CEO resigns

    15 March 2022
    Human Capital, Outlook & Strategy

    Norway-based LPG shipping company Avance Gas has informed that the current CEO and the current chairman of the board have both decided to step down from their positions.

  • Ex-Fugro man named new EMGS CEO

    11 November 2015
    Business & Finance

    Electromagnetic Geoservices ASA (EMGS), a Norwegian geophysical services company, has appointed Christiaan A. Vermeijden as its new Chief Executive Officer (CEO). EMGS says that Vermeijden comes from the position as Global Offshore Geotechnical Director of Fugro N.V., where he was part of the Executive Management Team. Vermeijden has worked for Fugro since 2000 in several management […]

  • 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 […]

  • Germany: Vattenfall Starts Construction of DanTysk Substation

    19 March 2012

    The first construction phase in the DanTysk offshore wind park project, run by Vattenfall and Stadtwerke München (SWM) [Munich City Utilities], is now underway with the construction of the wind park’s substation. The substation is being constructed in the Netherlands, not far from Rotterdam, as part of a joint venture SHJV with the specialist company […]

  • WMS to Build Passenger Catamaran for Tanzania

    27 May 2013
    Business & Finance

    Western Marine Shipyard has signed a new agreement for building one catamaran type passenger ship for Tanzania. The deal was signed by the Managing Director of Western Marine Shipyard Mr. Sakhawat Hossain and the Director of JGH Marine, Mr. Niels Holstein. JGH Marine is a Danish Company, which has received the notification award for supplying […]

  • 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 […]

  • 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,” […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 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 […]

  • 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 […]

  • 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.

  • 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 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 […]

  • 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, […]

  • 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. 

  • Wilson’s bulker with wind-assisted propulsion begins service for aluminum producer

    15 April 2025
    Business Developments & Projects, Green Marine, Infrastructure, Operations & Maintenance, Vessels

    Norwegian shipping player Wilson has deployed its multi-purpose dry cargo ship retrofitted wind-assisted propulsion for compatriot aluminum producer Hydro.

  • 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. […]