Business & Finance
Ocean Installer Opens Aberdeen Office
The Norwegian subsea entrepreneur Ocean Installer has opened a UK office in Aberdeen, Scotland. The new office will become a full-blown regional branch of Ocean Installer. “We are very pleased that less than one and a half year after Ocean Installer was established, we are at a place where the only
Greek Owners Clinch Major Energy Efficiency Standard – ISO 50001
Two Greek companies are at the forefront of a new standard Lloyd’s Register is using to help shipowners and operators comply with the IMO’s SEEMP requirements on 1 January, 2013. Two Greek companies, Maran Tankers and Capital Ship Management, have adopted the standard, ISO 50001, which provides an e
Turkey: ADIK to Deliver Fifth Vessel of LCT Project on Friday
The fifth vessel of Landing Craft Tank (LCT) project undertaken by ANADOLU Shipyard for the Turkish Navy, namely TCG Ç-155, will be delivered on June 1st 2012 Friday, Anadolu Shipyard announced on May 29. A small ceremony will be organized in the Shipyard for the delivery of TCG Ç-155. Landing Craft
Spain: ITS – Rotortug, ASD Ship Design Present Revolutionary Tugboat Technology
The Rotterdam based shipping company Rotortug and ASD Ship Design from Alblasserdam have invented a revolutionary tugboat technology (‘tugnology’) to prevent towline failures from chafing against a tugboats fixed towing point. The invention of Mr. Ton Kooren (Rotortug) and Mr. Arie Aalbers (ASD Ship
ESA’s CryoSat Measures Arctic Sea Level and Sea-Ice Thickness
CryoSat was launched in 2010 to measure sea-ice thickness in the Arctic, but data from the Earth-observing satellite have also been exploited for other studies. High-resolution mapping of the topography of the ocean floor is now being added to the ice mission’s repertoire. The main objective of the
Germany: Keel Laying Ceremony for Arctic Cargo Vessel
P+S WERFTEN GmbH recently announced that the third of five vessels was laid on its keel following the ceremonial commencement of construction – the cut of the first steel plate for ship Type ACV 36 with construction No. 2103 – the first section for the construction of No. 2102 Type ACV 108. In accor
UK: KUFPEC to Invest USD 500 Mln in Alma/Galia Development
EnQuest PLC has entered into an agreement with the Kuwait Foreign Petroleum Exploration Company (‘KUFPEC’), by which EnQuest will farm out a 35% interest in EnQuest’s Alma and Galia oil field developments (‘Alma/Galia’) to KUFPEC. Under the agreement, which is subject to regulatory approvals, KUFPEC
Essar Ports Enters Strategic Alliance with Port of Antwerp International (Belgium)
Essar Ports Limited (“Essar Ports”), one of the largest private sector port companies of India, today announced the creation of a long-term strategic alliance with Port of Antwerp International (“PAI”) and aninvestmentof approx. Rs 175 croreby PAI in Essar Ports. PAI is the international investing a
Premier Oil Buys More Into Bream Project Offshore Norway
Premier Oil has signed a sale and purchase agreement (SPA) with Skeie Energy AS to acquire a 20 per cent equity interest in PL407 and a 40 per cent equity interest in the adjacent PL406 licence on the Norwegian Continental Shelf. This will increase Premier’s stake in the Bream project to 40 per cent
Germany to Invest Billions in Renewable Energy Transfer
Plans made between Germany’s government, the federal energy network and grid companies to distribute renewable energy by constructing new electricity lines by 2022 will allow the country to safely shift from nuclear power to renewables. According to Reuters, the plan involves an investment of tens o
The Netherlands: Vos Prodect Analysis Sealed Cable Hang-Off System Concept
In addition to the successfull realization of its cable hang-off system, Vos Prodect Innovations is looking for additional features to satisfy the new requirements of the offshore wind farm projects. Project developers are setting additional firm requirements that have to be met and relevant systems
Russian Vessel Igor Belousov Receives Two Submersibles
Russian search and rescue vessel Igor Belousov, which will perform search, rescue and salvage of submarines in distress, will be equipped with two submersibles. The vessel will receive two ARS-600 two-seat unique deepwater submersibles. The Russian Defense Ministry made a decision in 2011 that the S
Turkey: ADIK Starts Sea Acceptance Tests for Sixth Vessel of LCT Project
ANADOLU Shipyard (ADIK) has started on May 28th 2012 Monday Sea Acceptance Tests (SAT) of the Sixth Vessel of Landing Craft Tank (LCT) project undertaken for Turkish Navy. ANADOLU Shiphard has already delivered the first four vessel of the LCT project back in March and April of this year and the Fif
UK: Acteon’s InterAct Strengthens Its Business
InterAct Activity Management Ltd, an Acteon company, has enhanced its abandonment engineering skills base with the recent appointments of Dave Barclay, Allen Scoging and Juliann Canty. Dave joins InterAct from BP, where he was a well abandonment engineer involved with the subsea abandonment of wells