Business & Finance
UK: Offshore Wind Services Receives First Vessel from South Boats
South Boats Special Projects Ltd. announced the launch and commissioning of its 60th offshore wind farm crew transfer vessel, ‘Offshore Wandelaar’. The vessel is the first of two South Catamaran 19m WFSV designs to be delivered to Offshore Wind Services BV, ahead of its sister ship ‘Offshore West Hi
RenewableUK Higlights Growth in Renewable Energy Supply Chain
RenewableUK, the trade and professional body for the wind, wave & tidal industry, is today highlighting the string of recent announcements of growth in the renewable energy supply chain in the run-up to the world’s first global offshore wind conference. These announcements include: The granting of p
Norway: Statoil Gives Vilje Operatorship to Marathon Oil
Statoil transfers operatorship of the Vilje field in the North Sea to Marathon Oil Norge. The agreement does not involve any change of stakes in the production licence (PL 036D). “Statoil is interested in good area solutions. We therefore find it natural that Marathon, as the biggest operator in the
UK: SSE Announces Full Year Results
SSE announced its full year results for the year to 31 March 2012. Its renewable energy output came to a 3,206 GWh last year. It said that the progress at Greater Gabbard and Walney raised its net offshore wind capacity to 187MW. Lord Smith of Kelvin, Chairman of SSE said: “SSE has again delivered i
UK: SSE Announces Full Year Results
SSE announced its full year results for the year to 31 March 2012. Its renewable energy output came to a 3,206 GWh last year. It said that the progress at Greater Gabbard and Walney raised its net offshore wind capacity to 187MW. Lord Smith of Kelvin, Chairman of SSE said: “SSE has again delivered i
Norway: Marathon to Take Over Vilje Operatorship from Statoil
Statoil transfers operatorship of the Vilje field in the North Sea to Marathon Oil Norge. The agreement does not involve any change of stakes in the production licence (PL 036D). “Statoil is interested in good area solutions. We therefore find it natural that Marathon, as the biggest operator in the
Norway: Aker Solutions Acquires LMV
Aker Solutions is acquiring the mechanical workshop company Lyngdal Mek. Verksted (LMV), thereby increasing its capacity to assemble, test and overhaul drilling equipment especially for the North Sea market. This is the second recent acquisition by Aker Solutions’ drilling technologies business in i
Sweden: RORO Exhibition to Focus on Environment
A number of challenges lie in front of the roll-on/roll-off industry, but how well equipped are businesses to cope with the European Commission’s new environmental regulations? That’s just one of the areas that will be discussed at this year’s RORO event, which is being held in Gothenburg, Sweden, f
Norway: Aker Solutions Buys LMV
Aker Solutions is acquiring the mechanical workshop company Lyngdal Mek. Verksted (LMV), thereby increasing its capacity to assemble, test and overhaul drilling equipment especially for the North Sea market. This is the second recent acquisition by Aker Solutions’ drilling technologies business in i
Sweden: Oceana Identifies Areas in Need of Protection
Oceana has identified Klints Bank and the area East of Gotland as one of the locations in need of protection. As part of its 2012 Baltic Expedition, the marine conservation organization has been conducting extensive research in the past few days to bolster data collected in this same area during las
Dutch Fairstar Wins Drilling Rig Transportation Contract from Seadrill
Fairstar Heavy Transport N.V. (FAIR) has been awarded a new contract to transport the drilling rig OFFSHORE VIGILANT from Port of Spain, Trinidad to Vung Tau, Vietnam on Fairstar’s semi-submersible vessel FJELL. The contract value is USD 2.9 million. FJELL has just safely discharged two concrete pow
Norway: Cecon ASA Presents First Quarter Financial Report
Cecon ASA presents its Consolidated Interim Financial Report for First Quarter 2012. Highlights of Q1 2012: Highlights of the quarter Q1/2012 • Successful completion of installation offshore Nigeria • Revenues Q1: NOK 93.4 million • EBITDA: for Q1 NOK 22.9 million • Pro forma result: Profit after ta
Germany: Operators to Charge Customers for Offshore Losses
A draft made by the German Government indicates that it will allow the offshore wind-power operators to compensate some of their losses by charging their customers, the Frankfurter Allgemeine Zeitung reports. The mentioned losses refer to the ones regarded to the problems of transferring electricity
Norway: Ocean Installer Chooses Oceaneering as Supplier of ROV Services
The Norwegian subsea entrepreneur Ocean Installer awards a frame contract for the delivery of Remotely Operated Vehicle (ROV) services to Oceaneering. The frame contract is of five years fixed duration with options, and covers the supply of ROV services and related personnel for Ocean Installer’s cu