Business & Finance
Norway: Reef Subsea’s New Vessels Complete First Operations
Reef Subsea AS announced that it has successfully completed two contracts for its new subsea support vessels to perform their maiden operations. The Reef Despina and Reef Larissa have recently completed their first projects for Aker Solutions and Heerema Marine Contractors, respectively. Reef Subsea
UK: Veripos Positioning for Two New Multi-Purpose Vessels
Veripos, a world leader for provision of GNSS positioning support to the offshore oil and gas industry, has been commissioned by Aberdeen-based Specialist Subsea Services (S3), the survey, positioning and ROV subsidiary of the Reef Subsea group of companies, to supply facilities and equipment aboard
Lomar Orders New Container Ships from Chinese Shipyard
Lomar has increased its fleet size further with an order for up to six new container ships. The 1,100 nominal TEU capacity vessels are geared and have a homogeneous load capability of 705 TEU at 14mt/TEU. These vessels are being built by Yangzijiang Shipbuilding (Holdings) Ltd., a private shipyard i
UK: MTL Doubles Export to GBP 7.3 Million
After relocating to Brinsworth to a state-of-the-art manufacturing facility, MTL Group has almost doubled its export, the Rotherham Business News reports. The company has invested GBP 1million in new machinery that has enabled it to become a specialist in volume manufacturing, allowing it to make a
Russia: CEO Resigns from TNK-BP
Mikhail Fridman has submitted a letter of resignation to TNK-BP Ltd.’s Board of Directors, notifying his resignation from the position of Chief Executive Officer of the TNK-BP Group. Mikhail Fridman has also sent TNK-BP shareholders a letter of resignation from the position of Chairman of the Manage
Sweden: Pallas Shipping Negotiates for Greater Employment Contract
Pallas Shipping is negotiating with a major European oil companies on an employment contract for the company´s vessel M/T Pallas Glory. The parties have made considerable progress in the negotiations which may mean that any contract signing can take place in late June 2012. Will the parties agree th
Sonardyne’s Equipment Important for OBN Surveys
Continuing with its 2012 event calendar, Sonardyne International will be exhibiting at EAGE (European Association of Geoscientists & Engineers), 4th-7th June in Copenhagen and Caspian Oil & Gas, 5th-8th June in Baku, Azerbaijan. The largest, most comprehensive geoscience event in the world, EAGE is
Sonardyne Presents Its Latest Technology in Copenhagen and Azerbaijan
Continuing with its 2012 event calendar, Sonardyne International will be exhibiting at EAGE (European Association of Geoscientists & Engineers), 4th-7th June in Copenhagen and Caspian Oil & Gas, 5th-8th June in Baku, Azerbaijan. The largest, most comprehensive geoscience event in the world, EAGE is
UK: RS Aqua Sponsors 6th Moorings Group Workshop at BAS
Every two years the NERC UK/European Moorings Group holds a workshop to discuss developments in the field of scientific moorings. Following on from RS Aqua sponsorship of the 5th meeting at the NOC Southampton in 2010, the company is again sponsoring this most informative gathering. RS Aqua’s lead s
France: Christening of MSC Divina
On Saturday evening in Marseille, France, the latest jewel in the MSC Cruises’ fleet, MSC Divina, was christened in suitably elegant style by international screen legend Sophia Loren. The exclusive high-profile event included a gala dinner and entertainment from illustrious performers in the company
UK: Tybalt Appraisal Results Disappoint
Valiant Petroleum plc reports that the Tybalt appraisal well 211/8c-5 has now been drilled to a total depth of 13,212′ Measured Depth. The well penetrated a full Upper Magnus Sandstone Member (UMSM) section, comprising 844′ gross, with 316′ of net sand. 210′ of core was successfully recovered from t
UK: LiftRig and Manor Marine Provide Storage for London Array Subsea Power Cables
Portland in Dorset may be an Olympic site this year, but it is also the location of LiftRig Consulting’s latest subsea power cable handling and storage project. LiftRig are working with Manor Marine to provide safe and cost-effective handling and storage of spare power cables for the world’s largest
Atlantic Offshore to Provide Support for Major Oil Companies in UK North Sea
Aberdeen-based standby vessel operator Atlantic Offshore Rescue has secured contracts in the last few weeks with major oil companies worth a combined £12million. The vessels will provide support in the UK North Sea for Shell, Nexen, Hess and Talisman Energy (UK) Limited. Atlantic Offshore has been i
UK: Passenger Ship Safety Recommendations Agreed by IMO’s MSC
Recommended interim measures aimed at enhancing the safety of passenger ships, in the wake of the Costa Concordia incident in January, were agreed by IMO’s Maritime Safety Committee (MSC), when it met at the Organization’s London Headquarters for its 90th session from 16 to 25 May 2012. The MSC adop