2250 results found for 'ulstein'

2250 results found for 'ulstein'
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  • 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 […]

  • 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 […]

  • HSH Nordbank’s Shipping Loan Loss Provisions at USD 1 Bn

    9 December 2016
    Business & Finance

    As the shipping market remained in very difficult conditions, the German-based provider of shipping finance HSH Nordbank reported a “substantial” loan loss provisioning on ship loans in the first nine months of 2016. Namely, the bank said the loan loss provisioning of EUR -979 million (USD 1.03 billion) before the guarantee had to be applied during […]

  • 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 […]

  • 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 […]

  • Flex LNG secures first of three planned vessel refinancing deals

    2 June 2025
    Business & Finance, Business Developments & Projects

    Bermuda-headquartered liquefied natural gas (LNG) shipping company Flex LNG has completed the lease financing for one of the vessels from its fleet.

  • IKM Group to employ up to 70 persons as part of contract for Norway’s PRSI Pool

    31 March 2025
    Business & Finance, Business Developments & Projects, Collaboration, Equipment, Outlook & Strategy, Project & Tenders

    Norwegian state-owned energy firm Equinor has awarded Sola-based IKM Group with a contract for the provision of services for the Pipeline Repair and Subsea Intervention (PRSI) Pool, with about 50-70 people expected to be employed for the work. The PRSI Pool includes 23 companies covering their offshore pipeline and power cable repair contingency via the […]

  • Reach Subsea makes moves to meet increasing demand for subsea services

    12 February 2024
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels

    Norway-headquartered Reach Subsea has secured charters for two vessels with the aim of meeting the increasing demand in the subsea services market. Reach Subsea has secured charters for the Northern Maria and Olympic Taurus. For Northern Maria, the charter arrangement includes a three-year firm period and 6+6 months options. According to Reach Subsea, Northern Maria […]

  • Kongsberg Maritime to deliver first Reach Remote unmanned surface vessels

    13 April 2022
    Business & Finance, Business Developments & Projects, Project & Tenders, Technology, Transition, Vessels

    Reach Subsea has awarded Kongsberg Maritime with a contract for the delivery of the first two in a series of Reach Remote unmanned surface vessels (USVs), which will serve as mobile power banks, data centers and communication modules for remotely operated vessels (ROVs). The USVs will be dedicated to survey, inspection, and light repair operations […]

  • Correll wins another Kaskasi contract

    18 November 2021
    Operations & Maintenance, Project & Tenders

    Correll Group has secured a contract with Asso.subsea to carry out the export cable pull-in at the Kaskasi II offshore wind project in Germany.

  • BP Completes Sale of its U.S. Gulf Assets to PXP

    2 December 2012
    Business & Finance

    BP has completed its sale of a number of oil and gas fields in the deepwater US Gulf of Mexico to Plains Exploration & Production Company (‘PXP’). BP on September 10, 2012 agreed to sell the fields to PXP for $5.55 billion in cash subject to customary post-closing adjustments, with an effective date of October […]

  • Freeport-McMoRan to slash Gulf of Mexico rigs

    9 December 2015
    Exploration & Production

    Freeport-McMoRan Oil & Gas has decided to further reduce costs for its oil and gas capital spending plans as a response to market conditions. The company previously reported it was deferring investments in several long-term projects in response to oil and gas market conditions. Following an ongoing review, capital expenditures for 2016 and 2017 have been reduced […]

  • Statoil, Partners Stop Work on Snohvit Expansion (Norway)

    2 October 2012

    The owners in the Snøhvit license have decided to stop the work on a possible capacity increase on Melkøya. The license has concluded that the current gas discoveries do not provide a sufficient basis for further capacity expansion. The license has not determined whether LNG or a pipeline solution is the best concept for a […]

  • Port of Kiel eyes autonomous ferry operations with new 5G project

    21 August 2020
    Automation, Business Developments & Projects, Infrastructure, Innovation, IT & Software, Ports & Logistics, Technology

    Germany’s city of Kiel announced plans to use the 5G network technology for autonomous ferry shipping operations in the port area.

  • Inflow tidal assessment spot open on Queen’s Uni Belfast

    23 July 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    The Bryden Centre at Queen’s University Belfast is looking for a post-graduate researcher that would work on the assessment of the influence of inflow characteristics on tidal turbines.

  • Caterpillar Marine to Launch Its Cat Propulsion Twin Fin System

    18 June 2014
    Technology

    Caterpillar Marine will launch the Cat Propulsion Twin Fin System at the 2014 ITS Hamburg Conference and Exhibition, June 16th – 20th. The Cat Propulsion Twin Fin System is a new diesel-electric solution that saves on fuel and emissions, while improving overall vessel performance. The Twin Fin System protects all of the propulsion mechanical parts […]

  • EMGS makes interim chief executive officer permanent

    31 May 2019
    Business & Finance

    Electromagnetic Geoservices (EMGS), a Norwegian geophysical services company, has given its interim chief executive officer a permanent role.

  • Neptune in frame agreement with Neodrill for CAN technology

    14 December 2020
    Business & Finance, Business Developments & Projects, Equipment, Exploration & Production, Infrastructure, Project & Tenders

    Neodrill, known for its CAN (Conductor Anchor Node) technology, has signed a frame agreement and announced its first two projects with Neptune Energy.

  • Statoil and Petoro Announce Significant Gullfaks Discovery (Norway)

    19 April 2013
    Business & Finance, Operations & Maintenance, Research & Development

    Statoil and partner Petoro have proven considerable additional resources in the Shetland Group/Lista Formation in the Gullfaks licence. 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 the Shetland […]

  • Reach Subsea inks charter contract for low-emission survey vessel

    9 November 2023
    Business & Finance, Business Developments & Projects, Environment, Green Marine, Innovation, Outlook & Strategy, Project & Tenders, Transition, Vessels, Vision

    Reach Subsea has signed a three or five-year charter contract, including additional options, with Agalas for a low-emission IMR/survey vessel with a smart lifting arrangement and an equipment package that can be adapted to several market segments. The new vessel, set to be constructed at the Sefine Shipyard in Turkey, will be tailored to Reach […]

  • After 7.5 years with Flex LNG, CEO quits to pursue other opportunities

    31 March 2025
    Business Developments & Projects, Human Capital, Outlook & Strategy

    The board of directors of Bermuda-headquartered liquefied natural gas (LNG) shipping company Flex LNG has accepted the resignation of its Chief Executive Officer (CEO).

  • Keel Laid for Holland America’s Largest Ship

    27 August 2014
    Business & Finance

    Seattle-based cruise company Holland America Line celebrated the keel laying of its new 2,650-guest Pinnacle Class ship on Aug. 22 at Fincantieri’s Marghera shipyard in Italy. A 680-ton block was lowered by crane into the yard’s building dock, marking the official beginning of construction. The 99,500-gross-ton ship is scheduled for delivery in February 2016. The […]

  • EIB Lends EUR 450 Million for German Offshore Wind Farm

    8 February 2013

    The European Investment Bank (EIB) is lending EUR 450m for the Butendiek wind farm, which will be one of the biggest offshore wind projects so far in the German part of the North Sea. With 80 turbines, it will have a total generating capacity of 288 MW. This ambitious project will cost a total of […]