2236 results found for 'ulstein'

2236 results found for 'ulstein'
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  • Berenberg Secures USD 500 Mn for Shipping Loans

    5 July 2016
    Business & Finance

    Hamburg-based banking company Joh. Berenberg, Gossler & Co. (Berenberg Bank) has secured some USD 500 million in private equity funding which would be invested in shipping loans, Bloomberg reports. At the end of June, the bank entered a memorandum of understanding with an undisclosed international investment company, to support some 400 shipping firms. Berenberg’s head of shipping, […]

  • Vattenfall Reports EUR 0.9 Bln Q1 Profit

    29 April 2014
    Business & Finance

    Vattenfall reports profit after tax of SEK 8.2 billion and an underlying operating profit of SEK 9.1 billion for the first quarter of 2014. The company reported high availability in all production plants – nearly 100% for nuclear power, with a significant increase in wind power generation. Several divestments were carried out, including the electricity […]

  • Wärtsilä systems picked for electrification of two Scandlines ferries

    23 May 2024
    Business Developments & Projects, Infrastructure, Vessels

    Finnish technology group Wärtsilä has been contracted to supply electrical systems needed to convert two ferries operated by Danish company Scandlines to a plug-in hybrid solution.

  • Avance Gas secures financing for last two newbuild dual-fuel VLGCs

    31 August 2022
    Business & Finance, Business Developments & Projects, Infrastructure, Vessels

    Norwegian shipping company Avance Gas has raised long-term financing for the two last remaining liquefied petroleum gas (LPG) dual-fuel very large gas carriers (VLGCs) newbuildings.

  • Reach Subsea buys Australian survey company as part of global expansion plans

    9 October 2023
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders

    Norway’s Reach Subsea has entered into an agreement to acquire Australian marine survey company Guardian Geomatics as part of its global expansion agenda. Guardian Geomatics, established in February 2018, offers marine survey solutions to the oil & gas industry and government sector clients, which include geographical, hydrographic, oceanographic and environmental surveys. In addition, Guardian conducts […]

  • TUI Cruises trials B30 biofuel onboard Mein Shiff 4 for the first time

    26 July 2023
    Vessels

    German cruise line TUI Cruises has revealed that it has tested B30-blend fuel on its ship Mein Shiff 4 as part of a voyage beyond the Barents Sea to the islands of Svalbard.

  • Shell Buys into Three Gulf of Mexico Pipelines

    29 December 2016
    Business & Finance, Operations & Maintenance

    Shell’s subsidiary Shell Midstream Partners has acquired 10% interest in Proteus Oil Pipeline Company (Proteus), 10% interest in Endymion Oil Pipeline Company (Endymion), and a 1% interest in Cleopatra Gas Gathering Company (Cleopatra) from BP. “This acquisition builds on our corridor pipeline strategy in the Gulf of Mexico. Our sponsor, Shell Pipeline Company is currently building […]

  • NORD.LINK Development Between Norway and Germany Prioritised

    6 March 2013
    Business & Finance, Operations & Maintenance

    Statnett, TenneT and KfW have decided to prioritise the development of the NORD.LINK project. The NORD.LINK interconnector will run between Tonstad (Norway) and Wilster (Germany). Project partners Statnett, TenneT and KfW are currently in the developing phase of one 1400 MW electricity interconnector between Germany and Norway with the goal to have it operational by […]

  • Statoil Signs Maintenance Contracts Worth NOK 49 Billion (Norway)

    30 June 2010
    Project & Tenders

    Statoil is entering into frame agreements involving maintenance and modification work valued at NOK 49 billion, options included. The agreements, which have duration of four years with two two-year extension option, will occupy more than 5,000 people during the period. Five companies have given their assent to the letters of intent sent by Statoil on […]

  • Statoil Appoints EVP Development and Production Norway

    5 December 2013

    Arne Sigve Nylund has been appointed executive vice president for Development and Production Norway. Nylund will assume his new responsibilities on 1 January 2014 and report to Helge Lund, Chief Executive Officer. Nylund’s office location will be Stavanger. He succeeds Øystein Michelsen, who has been appointed country manager in Tanzania. Nylund is currently senior vice president, Processing and Manufacturing […]

  • DNV GL opens doors to its LNG test center

    14 March 2018

    Classification society DNV GL opened the doors to its LNG test center in Groningen, the Netherlands aiming to boost adoption and use of liquefied natural gas (LNG).

  • Germany: Hamburg and Husum Reach Agreement on Venue for Wind Power Trade Show

    12 July 2013

    The two trade fair organizers Hamburg Messe & Congress and Messe Husum & Congress have reached an agreement on the venue for the wind power trade show in 2014. In the compromise reached, Hamburg will host the international trade fair every two years, with Husum being the venue for the national trade fair every other […]

  • Sandbank Feeds First Power into German Grid

    7 September 2016

    The Sandbank offshore wind farm, located in the North Sea, 90km west of German island of Sylt, has fed the first power to the German grid. The 72 wind turbines will be put into operation successively, with the entire wind farm expected to be on the network in the spring of 2017. The first wind turbine was installed at the […]

  • Renewable Energy Generation Limited Announces Preliminary Results (UK)

    17 October 2011
    Business & Finance

      Renewable Energy Generation Limited, the renewable energy group, today announces its preliminary results for the year ended 30 June 2011.  Financial Year Highlights Revenue of £9.8 million (2010: £6.2 million) EBITDA¹ neutral (2010: Loss £0.9 million) Loss after tax and exceptional items from continuing activities of £2.6 million (2010: loss of £3.0 million) First […]

  • EU awards €9M for wave and tidal research in UK and Ireland

    24 July 2017
    Authorities & Government, Business & Finance, Environment, Research & Development, Technology

    Queen’s University Belfast has secured over €9.3 million from the EU’s Interreg VA Programme to create a ‘virtual center of competence’ that will support cross-border research into wave and tidal energy in UK and Ireland.

  • Flex LNG and Cheniere agree to extend charters for three LNG carriers

    23 November 2022
    Business & Finance, Business Developments & Projects, Vessels

    Norwegian shipping company Flex LNG has secured an extension of time charter agreements with Cheniere’s unit Cheniere Marketing International (CMI) for three liquefied natural gas (LNG) carriers. The new agreement extends the charter periods of Flex Endeavour, Flex Ranger and Flex Vigilant for up to an additional 19 years in aggregate. Prior to this agreement, […]

  • Sweden: Vattenfall Presents New Financial and Sustainability Targets

    28 November 2012
    Business & Finance

    In an extraordinary general meeting, new financial targets were established for Vattenfall. The company also presented its new sustainability targets. For example renewable energy growth rates should be higher than the market. The following new financial targets were established: Profitability target:  Return on capital employed of 9 per cent (operating profit/average capital employed). Capital structure: […]

  • Germany: Hamburg and Husum Reach Agreement on Venue for Wind Power Trade Show

    12 July 2013

    The two trade fair organizers Hamburg Messe & Congress and Messe Husum & Congress have reached an agreement on the venue for the wind power trade show in 2014. In the compromise reached, Hamburg will host the international trade fair every two years, with Husum being the venue for the national trade fair every other […]

  • Resources Insufficient for Tackling Potential Disasters in the Arctic

    2 October 2014
    Rules & Regulation

    As more and more ships venture into the Arctic, resources to cope with search and rescue operations along with potential environmental cleanups are lacking. Speaking at IUMI conference in Hong Kong, Stein Are Hansen, head of department, loss prevention and emergency response, Norwegian Hull Club, said: “Humans make mistakes. Have we really thought about the […]

  • After Equinor, TotalEnergies enters Reach Subsea’s USV qualification program

    29 October 2024
    Business & Finance, Business Developments & Projects, Collaboration, Equipment, Innovation, Outlook & Strategy, Project & Tenders, Technology

    A couple of months after Equinor revealed its participation in the technology qualification program for Reach Subsea’s Reach Remote uncrewed surface vessels (USVs), France’s energy giant TotalEnergies joined as a new collaboration partner. The pilot project with Equinor, TotalEnergies and other “major” energy companies includes a variety of relevant survey, remotely operated vehicle (ROV) intervention, […]

  • Equinor keeps Reach Subsea busy offshore Brazil

    12 December 2023
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Norway-headquartered Reach Subsea is set to begin work for Equinor offshore Brazil this month, using the subsea vessel Havila Subsea. Reach Subsea has together with its Brazilian partner OceanPact received a notice of contract award from Equinor for combined light construction, inspection, maintenance, and repair (IMR) and survey services on the Peregrino field offshore Brazil. The […]

  • Reach Subsea to deliver its services to Equinor under multiyear deal

    13 March 2023
    Business & Finance, Business Developments & Projects, Collaboration, Project & Tenders

    Norwegian state-owned energy giant Equinor has awarded Reach Subsea with a multiyear frame agreement for work on the Norwegian continental shelf (NCS) and internationally. The three-year frame agreement covers all core activities for Reach Subsea, including installation support, seabed intervention, and subsea surveys and monitoring. Furthermore, Reach Subsea was awarded the first call-off under the […]

  • MMT and Reach Bolster ROV Survey Services Portfolio

    13 July 2017
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Swedish survey specialist MMT and Norwegian contractor Reach Subsea have secured the DP2 subsea vessel M/V Olympic Delta, with two ROVs mobilised onboard, for execution of the project announced earlier this year. The project has been postponed from June 2017 until August same year, the Oslo-listed Reach Subsea said on Thursday, with further details to […]

  • Statoil, Wintershall Wrap Up NCS Assets Transaction

    31 July 2013

    Norwegian oil company Statoil has announced that 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 […]

  • New loading buoys will see Gullfaks run until 2040

    4 June 2014
    Equipment

    Installing new loading buoys is one of several projects intended to extend Gullfaks’ life towards 2040. 2.55 billion barrels of oil from the Gullfaks field have passed through the existing loading buoys since first oil. Due to come on line in June the towing of the first loading buoy has started. The second old loading […]