Business & Finance
UK: Carnaby Well Spudded
Nautical Petroleum plc announces that the Carnaby exploration well 28/9-5 in Central North Sea Block 28/9 was spudded at 05:45 hours on Friday 11 May 2012. The well is being drilled using the Sedco 711 semi-submersible rig and is being managed by Applied Drilling Technology International (ADTI). The
Well Intervention Experts to Gather in Norway for Annual ICoTA Seminar
Leading oil and gas industry body, the Intervention & Coiled Tubing Association (ICoTA) European Chapter is set to host industry experts at a one-day seminar of technical presentations in Stavanger later this month. Among the 12 presentations, Expro will discuss its AX-S system, a unique remotely-op
Denmark: DONG on Track to Double 2009 EBITDA by 2015
The Board of Directors of DONG Energy has today approved the interim financial report for the first quarter of 2012 with the following outlook and financial highlights compared with the first quarter of 2011: — EBITDA was DKK 3.6 billion in the first quarter of 2012 compared with DKK 4.8 billion in
Denmark: DONG on Track to Double 2009 EBITDA by 2015
The Board of Directors of DONG Energy has today approved the interim financial report for the first quarter of 2012 with the following outlook and financial highlights compared with the first quarter of 2011: — EBITDA was DKK 3.6 billion in the first quarter of 2012 compared with DKK 4.8 billion in
Twelve Foreign Ships Under Detention in UK Ports During April 2012
The Maritime and Coastguard Agency (MCA) announced today that 12 foreign flagged ships were under detention in UK ports during March 2012 after failing Port State Control (PSC) inspection. Latest monthly figures show that there were two new detentions of foreign flagged ships in UK ports during Apri
UK: DOW Selects ABB as Preferred Supplier of Electrical Works for Dudgeon Project
Dudgeon Offshore Wind Limited (DOW), a subsidiary of Warwick Energy Limited, has selected ABB Limited (ABB) as the preferred supplier for the delivery of the electrical works for the Dudgeon Offshore Wind Farm (Dudgeon) project following a competitive tendering exercise. The formal contract for thes
UK: OMM Names New Business Development Director
Offshore Marine Management (OMM) has announced the appointment of Business Development Director Ian Gaitch to the company. Ian joined OMM in late February of this year; bringing to the role over 25 years’ experience in the submarine cable industry both on and offshore. As well as Ian’s 7 years of ex
Finland: ClassNK, NAPA to Provide Best SEEMP Solution
NIPPON KAIJI KYOKAI (ClassNK), the world’s largest ship classification society and NAPA, the leading software house for ship design and operations, today announced a collaboration to provide the most comprehensive solution for Ship Energy Efficiency Management Plan (SEEMP). The collaborative solutio
UK: Removal of Cargo Ship MV Carrier Wreck Completed
The operation to remove the wreck of the cargo ship MV Carrier, which ran aground near Llanddulas, North Wales, was completed this week. It has taken contractors, PGC, less than six weeks to remove the wreck and all scrap materials from the vessel have now been removed from the site. However residua
UK: IHC EB Appoints New Managing Director
IHC Engineering Business (IHC EB) announces the appointment of Jon Dale as Managing Director IHC Engineering Business. Neil Baxter has been the Managing Director since February 2011 having joined with the specific objective of strengthening the management capabilities and systems within IHC EB to be
Norway: Fabricom to Carry Out Modifications on Gjøa Platform
GDF SUEZ E&P Norge AS has, has awarded a frame contract for modifications on the Gjøa platform to Fabricom AS. Fabricom will, under the agreemenr, carry out modification work involving design basis changes and other major modifications on the platform located 45 kilometres from land near the norther
IHC EB Names Jon Dale as Its Managing Director (UK)
IHC Engineering Business (IHC EB) announced the appointment of Jon Dale as Managing Director IHC Engineering Business. Neil Baxter has been the Managing Director since February 2011 having joined with the specific objective of strengthening the management capabilities and systems within IHC EB to be
Nord Stream Looking at Increasing Gas Transport Capacity
The Shareholders of Nord Stream AG have asked the company to conduct a feasibility study of possible options to further increase the capacities to transport natural gas from Russia to the EU through the Baltic Sea. Over the next eight months, Nord Stream will make an assessment of various criteria o
Nord Stream Considers Increase of Gas Import Capacities Through Baltic Sea
The Shareholders of Nord Stream AG have asked the company to conduct a feasibility study of possible options to further increase the capacities to transport natural gas from Russia to the EU through the Baltic Sea. Over the next eight months, Nord Stream will make an assessment of various criteria o