Business & Finance
UK: Bowtech Displays Its Technology at Seawork International 2012
Bowtech Products Ltd., a market leading manufacturer and supplier of cameras, LED lighting, connectors, fiber optic multiplexers and slip rings for use in underwater or hazardous area applications, to any ocean depth, has announced that they will be exhibiting at the Seawork International 2012, held
UK: EFC Receives Global API Manufacturing License
EFC Group, a leading designer and manufacturer of instrumentation, monitoring, controls and handling systems for the global oil and gas industry, has become one the first UK controls manufacturers to be awarded American Petroleum Institute (API) 16C and 16D monogram licenses. This signifies EFC Grou
Tidal Turbine Produces Electricity in Orkney (UK)
An underwater turbine that is set to be used in Scotland’s first and only consented tidal power project has successfully completed an initial testing period in Orkney, and is providing electricity for homes and businesses on the island of Eday, one of Orkney’s northern isles. The 1MW power generator
Rolls-Royce to Equip Atlantic Offshore’s OSV (Norway)
Rolls-Royce, the global power system company, has secured a £6 million contract to provide an integrated design, power & propulsion and equipment systems package for an offshore supply vessel to be built at Norwegian ship yard Simek AS for ship owner Atlantic Offshore. The vessel is a Rolls-Royce UT
UK: Expro Wins RoSPA Safety Award
International oilfield services company Expro has once again been recognised for its outstanding safety record globally. Expro has been commended in the oil & gas industry sector of the annual 2012 Royal Society for the Prevention of Accidents (RoSPA) safety awards. Expro has received awards from Ro
IMO – Capacity Building to Counter Piracy Off the Coast of Somalia
The commitment of the International Maritime Organization (IMO) to combat piracy off the coast of Somalia through boosting capacity building in the region has been underlined with the signing of five strategic partnerships with a number of UN agencies and the EU, following a Conference on Capacity B
UK: Snam, Fluxys Acquire E.ON’s Stake in Interconnector
Snam and Fluxys yesterday reached an agreement to acquire E.ON’s 15.09% stake in Interconnector (UK), owner and operator of the subsea pipeline between the UK (Bacton) and Belgium (Zeebrugge) providing a strategic bi-directional link between the UK and the continental gas trading places. Last Januar
UK: RWE Hires CMACS to Provide Marine-Life Protection at Gwynt y Môr
A Wirral based environmental consultancy is to manage marine-life protection measures at one of the biggest wind farms currently in construction in Europe, after securing a £multi-million contract with Gwynt y Môr Offshore Wind Farm Limited. CMACS Ltd will deliver a robust monitoring programme throu
Greece: Hellenic Carriers Delivers MV ‘Hellenic Sky’ to New Owners
Hellenic Carriers Limited, an international provider of marine transportation services for dry bulk cargoes, announces that the M/V “Hellenic Sky”, a 68,591 dwt Panamax dry bulk carrier built in 1994, owned by Thasos Shipping Co. Ltd., was delivered on 16 May 2012 to its new owners pursuant to the M
UK: Snam, Fluxys Buy Stake in Interconnector for USD 162 mln
Snam and Fluxys have reached an agreement to acquire E.ON’s 15.09% stake in Interconnector (UK), owner and operator of the subsea pipeline between the UK (Bacton) and Belgium (Zeebrugge) providing a strategic bi-directional link between the UK and the continental gas trading places. Last January, Sn
Best Beryl Field Well in a Decade, Apache Says
Apache Corporation yesterday afternoon announced that an extension well had initial production rates higher than any oil well drilled at the Beryl Field in the U.K. North Sea since 2001. “We’re very excited about this well because we’ve found virgin reservoir pressure in two of three zones containin
Ukraine: BSF Hydrographic Ship Donuzlav Returns to Sevastopol
Black Sea Fleet (BSF) hydrographic ship Donuzlav on May 15 returned to Sevastopol from a long-range cruise. Through a one-month long cruise, the ship has covered 4,000 nautical miles and passed the Black Sea, the Sea of Marmara, the Aegean Sea, the Ionian Sea, the Tyrrhenian Sea, the Ligurian Sea, a
UK: Nautronix to Supply Acoustic Positioning System for Noble’s New Drillship
Nautronix have secured another order for the supply of their NASDrill RS925 deepwater acoustic positioning system for Noble Corporation’s fourth new ultra-deepwater drillship. In 2011, Nautronix was awarded the contracts for supplying their NASDrill RS925 system for Noble’s first three new drill shi
Norway: Lundin to Drill 12 Wells with Island Innovator Rig
Marine Accurate Well ASA – MARACC has signed a 12 well drilling Contract with Lundin Norway AS for the semi-submersible drilling rig Island Innocator The contract is expected to provide Island Innovator with minimum of two years of drilling operations offshore Norway with commencement in the 2nd qua