Business & Finance
New JV Offers Wave Gliders Services for Oil and Gas Industry (USA)
Liquid Robotics, Inc. and Schlumberger yesterday announced the creation of Liquid Robotics Oil & Gas, a joint venture to develop services for the oil and gas industry using Wave Gliders, the world’s first wave-powered, autonomous marine vehicles. The joint venture will combine Liquid Robotics Wave G
Norway: Det Norske Welcomes New Chief Financial Officer
Det norske announces the appointment of Mr. Alexander Krane (36) as its new Chief Financial Officer. Mr. Krane has an MSc degree (”siviløkonom”) and is a Norwegian State Authorized Public Accountant. He comes to Det norske from Aker ASA, where he served as Corporate Controller. Previous positions ha
Armed Support for Vessels Transiting High Risk Maritime Areas Not a Solution (UK)
The current focus on armed support for vessels transiting high risk maritime areas in Africa, the Middle East and elsewhere should not become the norm, GAC Solutions’ Christer Sjödoff has told delegates from the shipping and offshore industries who gathered in London to debate long-term, effective w
Statnett’s Norway-Germany Project to Be Realised in 2018
At a meeting in Berlin yesterday between Minister of Petroleum and Energy Ola Borten Moe and Germany’s Federal Minister of Economics and Technology Philipp Rösler it was made clear that Statnett’s plans for a power cable between Norway and Germany can be realised in 2018. At the same time Statnett a
UK: Marin Unveils Supersize Subsea Grab Tool
Subsea intervention specialist Marin Group has unveiled a versatile new high-volume grab tool designed for use across a range of applications, including large-scale brownfield clearance. The tool — available from operating company Marin Subsea — forms part of the EVO Marin Debris Recovery System (MD
The Netherlands: Blue Offshore Completes Construction of Turntable I
The Blue Offshore management team announced that it has succesfully finalised the construction phase of the company’s first self-owned cable carousel system, Turntable I. Turntable I has positively passed Factury Acceptance Testing (FAT) to ensure it meets the design and performs as required. Turnta
IHC Winches to Construct Riser Pull-In Spread for MODEC FPSO (The Netherlands)
IHC Winches, part of IHC Merwede, has signed a contract for the design and manufacture of a riser pull-in spread to be placed on a MODEC Floating Production Storage & Offloading vessel (FPSO). The delivery of the riser pull-in spread is scheduled for Q1 2013. Part of this system will be built in Bra
Shell Charters Two Sovcomflot’s LNG Carriers (Russia)
At the XVI St. Petersburg International Economic Forum Russia’s Sovcomflot, the world’s largest operator of ice class vessels, signed an agreement to provide Shell with two modern LNG carriers on the basis of a long-term time charter. The agreement was concluded following a tender process, which res
Shipping Lines and Their Customers Need to Cooperate with Terminal Operators
To achieve required increases in terminal productivity on a consistent basis to handle larger vessels and tighter schedules, terminal operators and shipping lines, and their customers, will need to work more closely together to streamline the process, according to APM Terminals’ Head of Design and I
Wärtsilä Appoints New VP Research and Development (Finland)
Paolo Tonon, MSc (Eng), (42) has been appointed Vice President, R&D of Wärtsilä Industrial Operations as of 1 June 2012. Mr Tonon will be responsible for the Research and Development of Wärtsilä products. Mr Tonon, who joined Wärtsilä in 1998, has successfully held several leading strategic, operati
Eni, Rosneft Ink Deal for Development of Russian Offshore Reserves
Eni CEO Paolo Scaroni and Rosneft Chairman Igor Sechin signed agreements in Saint Petersburg today concerning their operation of assets in the Black Sea and the Barents Sea. The deal refers to the strategic cooperation agreement signed April 25, 2012 between the two companies, under which Eni and Ro
UK: Lloyd’s Register Publishes New EGTS Guide
Lloyd’s Register has published a new guide, Understanding Exhaust Gas Treatment Systems, to give shipowners and operators an overview of the related technology and emerging regulations they need to make sound business decisions. The technical teams at Lloyd’s Register worked closely with industry an
ICS Calls for Resumption of OECD Shipbuilding Talks (France)
At the Organisation for Economic Co-operation and Development (OECD) in Paris today (Thursday 21 June) the International Chamber of Shipping (ICS) will call on governments to resume negotiations on a new global agreement to eliminate market distorting measures from shipbuilding. Speaking to governme
Statoil and Rosneft Agree to Jointly Bid for Exploration Licenses in Norwegian Barents Sea
Statoil and Rosneft signed agreements on joint bidding for exploration licenses in the Norwegian Barents Sea and on Joint Technical Evaluation covering two Russian onshore assets. This concludes the first implementation agreements envisaged in the strategic cooperation that the two companies entered