2250 results found for 'ulstein'

2250 results found for 'ulstein'
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  • Standard ETC pays $10 million for stake in Norwegian offshore drilling contractor

    6 May 2022
    Business & Finance, Business Developments & Projects

    S.D. Standard has acquired an interest in the Norway-based offshore drilling contractor, Dolphin Drilling, through an equity issue.

  • 2021 best-ever financial year for Reach Subsea

    9 February 2022
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    Norway’s Reach Subsea has reported 2021 as the best financial year in company history. This is said to be driven by high vessel utilization and project execution, as well as the purchase of OCTIO. In its latest financial report, Reach Subsea stated it also had its best-ever fourth quarter which saw a revenue of NOK 191 […]

  • Flex LNG to buy two X-DF newbuildings for $368m

    29 May 2018
    Project & Tenders

    Oslo-listed Flex LNG, the shipping company controlled by billionaire John Fredriksen, said it entered a deal on Monday to buy two 174,000-cbm X-DF LNG carrier newbuildings under construction at South Korea’s Hyundai Heavy Industries. Flexh LNG said it in its first-quarter report it would buy the vessels from an affiliate of Geveran for an “attractive” price of $184 million […]

  • Statoil: Long-term Contract for New Rig Design (Norway)

    21 February 2011
    Business & Finance, Equipment

      Statoil is sending out an invitation to tender for a new type of drilling rig. It is specially-designed by the industry on behalf of Statoil for use on mature fields on the Norwegian continental shelf (NCS). The purpose is to make drilling and completion of production wells less expensive, more effective and safer, and […]

  • Statoil, Partners Acquire Two Cat-J Rigs (Norway)

    4 June 2013

    The licence partners of Gullfaks and Oseberg Area Unit have acquired two new category J jack-up rigs. The rigs will be owned by the licenses and will contribute to increased recovery and extended field life. Samsung Heavy Industries Co. Ltd. and Operator KCA Deutag Drilling Norway AS have been awarded the contracts for construction and […]

  • Commissioning of AWI’s New Research Ship MYA II, Germany

    12 August 2013

    Alfred Wegener Institute, Sylt, Germany has commissioned its newest research ship the MYA II. Tomorrow, the research ship MYA II will be handed over at a ceremony in List on Sylt. The MYA II has a length of 21m, 1.30m draught and maximum speed of ten knots. Ten percent of the 4.5 million euro development […]

  • Reach Subsea ‘very optimistic for years ahead’ as it reports record 2023 numbers

    14 February 2024
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Project & Tenders

    Reach Subsea has reported record-high numbers for the fourth quarter of 2023 and the whole year, with all parameters driven by growth, improved pricing, and strong project execution. Reach Subsea’s revenue for Q4 2023 grew by 45% to NOK 474 million ($44.5 million), whereas EBIT grew by 130% to NOK 79.5 million ($7.4 million). Revenue […]

  • Statoil: Subsea Gas Compression to Increase Asgard Production (Norway)

    16 August 2011

      The partners in the Åsgard licences have today submitted a plan for development and operation (PDO) of subsea gas compression to maintain production from the Mikkel and Midgard reservoirs. Øystein Michelsen, Statoil’s executive vice president for Development and Production Norway (DPN), presented the PDO to Ola Borten Moe, Norway’s minister for petroleum and energy. […]

  • Statoil: Subsea Gas Compression to Increase Asgard Production (Norway)

    16 August 2011
    Business & Finance

    The partners in the Åsgard licences have today submitted a plan for development and operation (PDO) of subsea gas compression to maintain production from the Mikkel and Midgard reservoirs. Øystein Michelsen, Statoil’s executive vice president for Development and Production Norway (DPN), presented the PDO to Ola Borten Moe, Norway’s minister for petroleum and energy. “The […]

  • Statoil Charters Light Well Intervention Vessels to Increase Recovery

    23 May 2012
    Business & Finance

    Statoil has awarded contracts for new light well intervention (LWI) vessels. These “category A” units will contribute to increased recovery from Statoil’s approximately 500 operated subsea wells on the Norwegian continental shelf (NCS). Statoil has on behalf of relevant licensees awarded a contract to Island Offshore Management and Eide Marine Services for the charter of […]

  • DanTysk Starts to Power Germany

    3 December 2014
    Storage

    Today, the offshore wind farm DanTysk, located 70 kilometres west of the island of Sylt, will supply the German electricity network with its first wind power from the North Sea. The 80 wind turbines are now successively in the commissioning phase for the production of electricity. DanTysk is then expected to be fully connected to the […]

  • Norway: Subsea Gas Compression to Increase Asgard Production, Statoil Says

    16 August 2011
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    The partners in the Åsgard licences have today submitted a plan for development and operation (PDO) of subsea gas compression to maintain production from the Mikkel and Midgard reservoirs. Øystein Michelsen, Statoil’s executive vice president for Development and Production Norway (DPN), presented the PDO to Ola Borten Moe, Norway’s minister for petroleum and energy. “The […]

  • Germany: Great Future for Port of Kiel

    2 October 2013

    When the “AIDAcara” is heading out to Copenhagen at around 5 p.m. today, (2 October 2013), Kiel’s cruise shipping season will find its preliminary finish for the current year. Preliminary, as one more ship will again be welcomed in December on its Advent Cruise. So, Port of Kiel saw 128 calls by 22 different cruise […]

  • Wärtsilä ammonia fuel system picked for EXMAR’s new gas carriers

    8 February 2024
    Business Developments & Projects, Infrastructure, Technology, Vessels

    Wärtsilä Gas Solutions, part of Finnish technology group Wärtsilä, has been contracted to deliver the fuel supply system for two new gas carriers that will operate with ammonia fuel.

  • Aker Kvaerner Deepwater Completes First Deep Draft Semisubmersible for Blind Faith Platform

    11 September 2007

    Aker Kvaerner has successfully completed the semisubmersible hull for Chevron’s Blind Faith platform. The original engineering, procurement and construction (EPC) contract was awarded to Aker Kvaerner, Inc. by Chevron, with partner Anadarko, in October 2005. The semisubmersible left the Aker Kvaerner Verdal yard in Norway on 24 June 2007 and has been transported to a […]

  • Fincantieri’s Monfalcone Displays “Regal Princess”

    16 May 2014
    Business & Finance

    “Regal Princess”, the new flagship of the Princess Cruises fleet owned by the Carnival Group, the world’s largest cruise ship operator, was presented on Sunday at Fincantieri’s Monfalcone shipyard. Attending the ceremony, among others, were the Prime Minister, Matteo Renzi, the Governor of Friuli Venezia Giulia, Debora Serracchiani, the Deputy Minister of Economic Development, Claudio […]

  • Flex LNG Reports Loss but Expects Improvement

    21 August 2019
    Business & Finance

    Due to the weaker LNG shipping market, Flex LNG closed the first half of this year with a net loss.

  • Oil subdued on worries Middle East rift will undermine output cuts

    6 June 2017

    By Henning Gloystein SINGAPORE (Reuters) – Oil prices bounced around low levels in choppy trading on Tuesday, with Brent crude holding below $50 over concerns that a political rift between Qatar and several Arab states would undermine efforts by OPEC to tighten the market. Persistent gains in U.S. production also dragged on benchmark crude prices, […]

  • Norway: Statoil Orders Two cat D Rigs from Songa Offshore

    24 February 2012
    Business & Finance

    Norway’s Statoil has awarded Songa Offshore with contracts for two newbuild “cat D” semisubmersible rigs. This award follows the agreement of July 2011 between Songa Rig AS and Statoil for the first two cat D rigs. The contract period is for eight years with an aggregated value of USD 2.66 Billion, with options for extensions […]

  • Statoil Highly Active Offshore Norway in 2010

    14 December 2010
    Business & Finance, Project & Tenders

    In 2010 Statoil started production on three new fields, delivered a plan for development and operation (PDO) of two new fields and chose concepts for two of our main improved recovery projects. Statoil’s strategy is to maximise the value on the Norwegian continental shelf (NCS), and its goal is to maintain the current production level […]

  • Avance Gas kick-starts VLGC deliveries to BW LPG as part of $1B deal

    1 November 2024
    Infrastructure, Vessels

    Norwegian ship owner and operator Avance Gas Holding has delivered the first very large gas carrier (VLGC) to Singapore-based counterpart BW LPG as part of the $1 billion sale unveiled in mid-August 2024.

  • Maiden Call of Cruise Ship ‘MSC Musica’ at Port of Kiel (Germany)

    26 April 2013
    Business & Finance

    Yesterday and for the very first time, the cruise ship “MSC Musica“ arrived in Kiel – its hub for this year’s summer season. The ship operated in South America during the winter months. This time, the Port of Kiel is the final destination of a transfer cruise which started 21 days ago in Buenos Aires […]

  • Germany: Port of Kiel’s Norwegenkai Terminal Expansion Work Completed

    23 March 2012
    Business & Finance

    Work on extending operational areas at the Port of Kiel’s Norwegenkai Terminal has now been completed. Construction was officially brought to a close at a ceremony today involving the State of Schleswig-Holstein’s Minister of Economics, Science and Transport, Jost de Jager, the Mayor of the Federal State Capital of Kiel, Peter Todeskino, and Dr Dirk […]

  • Norway: Statoil Increases Recovery from Subsea Wells with LWI Vessels

    23 May 2012
    Business & Finance, Equipment, Project & Tenders

    Statoil has awarded contracts for new light well intervention (LWI) vessels. These “category A” units will contribute to increased recovery from Statoil’s approximately 500 operated subsea wells on the Norwegian continental shelf (NCS). Statoil has on behalf of relevant licensees awarded a contract to Island Offshore Management and Eide Marine Services for the charter of […]

  • Germany: Port of Kiel Completes Norwegenkai Expansion

    23 March 2012

    Work on extending operational areas at the Port of Kiel’s Norwegenkai Terminal has now been completed. Construction was officially brought to a close at a ceremony yesterday involving the State of Schleswig-Holstein’s Minister of Economics, Science and Transport, Jost de Jager, the Mayor of the Federal State Capital of Kiel, Peter Todeskino, and Dr Dirk […]