Business & Finance
UK: Navitus Bay Opponents Welcome Government Subsidy Reduction
Following the announcement made by the Chancellor George Osborne on cutting the government subsidies for onshore wind farms for 25 percent, opponents of the Navitus Bay project welcomed it with a great expectation on extending this move to offshore plans. Dorset MPs, including Chris Chope and Richar
UK: Port of Ramsgate Hosts PATCH’s Blue Energy Workshop
Port of Ramsgate will host PATCH’s (Ports Adapting To Change) “Blue Energy” workshop on 22 June 2012, reports MaritimeJournal. Seeports strategist Howard Holt is the organizer of the workshop which is similar to the event held in September 2010. The ‘Blue Energy’ workshop will focus on the opportuni
UK: Chelsea Demonstrates FastOcean System
The participants took part in the deployment of the FastOcean Profiling System from the University of Maryland’s unique 155’ Mobile Test Platform. They also tried out the instrument in a laboratory setting. The FastOcean system is the only multi-wavelength Fast Repetition Rate fluorometer for use bo
Norway: Nexans to Supply Umbilicals for Statoil’s Gullfaks Subsea Gas Compression
Nexans, a worldwide leading expert in the cable industry, has secured a 16 million Euro contract with Statoil to engineer and supply a 16.5km subsea power umbilical that will be used to connect the Gullfaks C platform in the North Sea to its subsea compression and processing equipment. The Gullfaks
Nexans to Supply Umbilicals for Gullfaks C Platform (Norway)
Nexans, a worldwide leading expert in the cable industry, has secured a 16 million Euro contract with Statoil to engineer and supply a 16.5km subsea power umbilical that will be used to connect the Gullfaks C platform in the North Sea to its subsea compression and processing equipment. The Gullfaks
Greece: Allseas Marine’s Vessels Awarded with Maritime Labour Statements of Compliance
Allseas Marine S.A. was presented with Maritime Labour Statements of Compliance by Germanischer Lloyd (GL) for the vessels “Calm Seas”, “Kind Seas” and “Pearl Seas”. The certificates were presented to Michael Bodouroglou, Managing Director of the Allseas Marine by Oliver Darley, Vice President and G
UK: KD Marine Adds New Members to Its Team
KD Marine announced additions to their team on all sides of the business. Due to internal changes within KD Marine it was deemed necessary to strengthen the company with appointments in key positions. This saw the appointment of Linda Alves as Contracts Manager who comes to KD Marine after working f
Norway: Reef Subsea Acquires Vako AS
Reef Subsea AS announced that one of its Norwegian subsidiaries, Scanmudring AS, has fully acquired Norwegian company Vako AS. Scanmudring had previously owned 38% of Vako and bought the remaining 62% for full ownership. Vako will be integrated into Scanmudring-Rotech Subsea, a group of companies th
Reef Subsea Buys Vako (Norway)
Reef Subsea AS announced today that one of its Norwegian subsidiaries, Scanmudring AS, has fully acquired Norwegian company Vako AS. Scanmudring had previously owned 38% of Vako and today bought the remaining 62% for full ownership. Vako will be integrated into Scanmudring Rotech Subsea, a group of
Germany: First A2SEA Wind Turbine Installation Vessel Nears Completion
The first A2SEA wind turbine installation vessel equipped with Voith Schneider Propellers and Voith Inline Thrusters is nearing completion. Voith has now been awarded the contract to outfit another vessel with this propulsion system. The new vessel with a crane capacity of 900 tons is scheduled to e
Croatia: Viktor Lenac Celebrates Delivery of New Floating Dock RI-38
On 22nd May 2012 Viktor Lenac celebrated the Formal Delivery of the New Floating Dock RI-38 in the Ukraine’s Pallada Shipyard. On 6th June 2012 the dock commenced its voyage down the Dnipro river to its estuary on the Black sea, via the Bosphorus and the Dardanelles into the Meditteranean sea. The d
UK: National Hyperbaric Centre Appoints Three New Experts
A specialist North-east oil and gas industry support and training facility has expanded its team following continued growth in business. The Aberdeen-based National Hyperbaric Centre (NHC) has made three key appointments to its training and consultancy departments increasing the in-house team to 24
GBP 425 Million Lincs Offshore Wind Farm Secures Funds
Lincs Wind Farm Limited, a joint venture between Centrica plc, DONG Energy and Siemens Project Ventures GmbH, has finalised agreements to provide non-recourse project finance facilities for the 270MW Lincs offshore wind farm. The facilities, totalling £425 million, will be provided by a consortium o
UK and Norway Agree Major Energy Partnership
Prime Minister David Cameron and the Norwegian Prime Minister Jens Stoltenberg agreed a landmark energy partnership between the UK and Norway designed to secure affordable and sustainable long term energy supplies. The Norway-UK Energy Partnership for Sustainable Growth heralds closer collaboration