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Business & Finance

Germany: GL Conducts Clean Shipping Index Verification for Tanker Bit Viking
Business & Finance

Germany: GL Conducts Clean Shipping Index Verification for Tanker Bit Viking

Germanischer Lloyd (GL) has undertaken its first Clean Shipping Index (CSI) verification for the product tanker Bit Viking. GL issued the vessel with a Statement of Compliance confirming that the data submitted by owner Tarbit Shipping meets the requirements of the Index, an essential step for ensur

about 14 years ago
The Netherlands: Dockwise – USD 85 Million in New Awards
Business & Finance

The Netherlands: Dockwise – USD 85 Million in New Awards

Dockwise Ltd. today announces near USD 85 million backlog additions in new contracts, bringing total for this quarter to approximately USD 102 million. Dockwise was awarded fifteen short term contracts, mainly for execution in Q2 and Q3 2012. The projects include twelve jack-up rig transports for va

about 14 years ago
Alexey Miller: Successful Testing Proves Nord Stream to be Highly Reliable
Business & Finance

Alexey Miller: Successful Testing Proves Nord Stream to be Highly Reliable

Alexey Miller, Chairman of the Gazprom Management Committee visited the Portovaya compressor station – the key operational element of the Nord Stream gas pipeline. He heard the report on completion of testing at the first string of the gas pipeline. Performed in compliance with the industrial standa

about 14 years ago
Lundin Gets Drilling Permit for North Sea Well (Norway)
Business & Finance

Lundin Gets Drilling Permit for North Sea Well (Norway)

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 16/2-13, cf. Section 8 of the Resource Management Regulations. Well 16/2-13 will be drilled from the Transocean Arctic drilling facility at position 58°49’59.50’’N 02°39’12.25’’E for Lundin Norway AS in produ

about 14 years ago
NPD Acquires 2D Seismic Data in Barents Sea
Business & Finance

NPD Acquires 2D Seismic Data in Barents Sea

In the early hours of 16 June, the Norwegian Petroleum Directorate began acquiring two-dimensional (2D) seismic data in the northeast part of the Barents Sea. In all, approximately 14,300 kilometres (40 lines) of seismic data will be acquired in this area. The work will be carried out by the vessel

about 14 years ago

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UK: MT Højgaard Installs Last Foundation at Lincs Offshore Wind Farm
Business & Finance

UK: MT Højgaard Installs Last Foundation at Lincs Offshore Wind Farm

The last foundation for Lincs Offshore Wind Farm off the east coast of England is now in place. MT Højgaard is EPCI contractor for the giant foundations. All 75 offshore wind turbine foundations for the 270 MW Lincs Wind Farm off the east coast of England is now in place. MT Højgaard has designed, p

about 14 years ago
COSCO Delivers Two Bulk Carriers to European Buyers
Business & Finance

COSCO Delivers Two Bulk Carriers to European Buyers

The Board of Directors of COSCO Corporation (Singapore) Limited announced that subsidiaries of the Company’s 51% owned COSCO Shipyard Group Co., Ltd have made the following deliveries: 1. COSCO (Zhoushan) Shipyard Co., Ltd has delivered a bulk carrier of 57000 DWT, “FEDERICA”, to its European buyer.

about 14 years ago
Keppel FELS to Deliver KFELS B Class Jack-Up Rig to Ukraine
Business & Finance

Keppel FELS to Deliver KFELS B Class Jack-Up Rig to Ukraine

Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), is on track to deliver Ukraine’s second KFELS B Class jackup rig ahead of schedule, within budget and with a perfect safety record. This follows the redelivery of their first jackup rig of the

about 14 years ago
Construction of Wagenborg’s Icebreakers Nears Completion (The Netherlands)
Business & Finance

Construction of Wagenborg’s Icebreakers Nears Completion (The Netherlands)

At Royal Niestern Sander in Delfzijl, the Ice-Breaking Multipurpose Support Vessel Sanaborg for Wagenborg Offshore is being finished. Delivery is scheduled in early August. The Sanaborg and the forthcoming Serkeborg (launched June 28 with delivery early September) are the first of a series of icebre

about 14 years ago
The Netherlands Expands Its Contribution to NATO’s Counterpiracy Operation
Business & Finance

The Netherlands Expands Its Contribution to NATO’s Counterpiracy Operation

The Dutch contribution to NATO’s counterpiracy operation Ocean Shield is to be expanded. A second helicopter and an unmanned aerial vehicle for reconnaissance will give an impulse to intelligence-gathering in particular. A submarine will once again also be deployed for this task. Although the House

about 14 years ago

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Russia: Summa Group Acquires Far Eastern Shipping Company
Business & Finance

Russia: Summa Group Acquires Far Eastern Shipping Company

Summa Group is purchasing a 56% stake in Far Eastern Shipping Company, OJSC (part of the FESCO Group) from the Industrial Investors Company. The acquisition of FESCO will enable Summa Group to expand the geographic area in which it operates and will provide an entrance to three major marine basins t

about 14 years ago
Statoil Replaces Navion Saga with Europa (Norway)
Business & Finance

Statoil Replaces Navion Saga with Europa (Norway)

Statoil Petroleum AS (Statoil) has received consent to use Navion Europa Floating Storage & Offloading Unit as a replacement for Navion Saga on the Volve field while Navion Saga undergoes main classification along shore. The Volve oil field was developed using a jack-up process and drilling facility

about 14 years ago
Cargotec Secures Order for Siwertell Ship Unloader from Denmark
Business & Finance

Cargotec Secures Order for Siwertell Ship Unloader from Denmark

Cargotec has secured an order for a Siwertell ship unloader from Denmark’s leading power company, Dong Energy; it will ensure a high-capacity unloading of wood pellets and coal for one of the most efficient power stations of its kind. The order is booked into the first quarter order intake. Dong Ene

about 14 years ago
Rolls-Royce Strengthens Its Position in the Mediterranean Market
Business & Finance

Rolls-Royce Strengthens Its Position in the Mediterranean Market

Rolls-Royce, the global power systems company, has signed an £18 million contract with Italian shipyard Rosetti Marino S.p.A for the design and delivery of an integrated power & propulsion and equipment system for an anchor handling vessel. The vessel will be built for Augusta Offshore S.p.A and is

about 14 years ago