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Business & Finance

Germany: RWE Working to Further Optimise Mittelplate Production
Business & Finance

Germany: RWE Working to Further Optimise Mittelplate Production

The reorganisation of the supply infrastructure and logistics operations for the Mittelplate Drilling and Production Island will further optimise oil production from Germany’s biggest oil field, Mittelplate. The Cuxhaven-based company EnTec has been awarded the contract for the construction and oper

about 14 years ago
Norway: DNV Issues New Jack-up Rule Book
Business & Finance

Norway: DNV Issues New Jack-up Rule Book

A new dedicated rule book for self-elevating units will guide designers and yards to class their designs and newbuilding projects. The rule book clearly explains the DNV and international regulations and standards. Adaptations from the traditional Offshore Standards include additional class notation

about 14 years ago
Viking Supply Ships Extends Contract for Vessel Vidar Viking for Work in Russia
Business & Finance

Viking Supply Ships Extends Contract for Vessel Vidar Viking for Work in Russia

In November 2011, Rederi AB TransAtlantic announced that its business area Viking Supply Ships had agreed to enter into a contract with Sakhalin Energy Investment Company Ltd. (“Sakhalin Energy”) for a period of 2.5 years with additional option(s) to extend the contract by 4×3 months for the vessel

about 14 years ago
Vidar Viking Continues Work at Russian Far East
Business & Finance

Vidar Viking Continues Work at Russian Far East

In November 2011 Viking Supply Ships had agreed to enter into a contract with Sakhalin Energy for a period of 2.5 years with additional option(s) to extend the contract by 4×3 months for the vessel Vidar Viking offshore supply vessel. The agreement with Sakhalin Energy was conditional upon approval

about 14 years ago
Russia: Almaz Shipyard Launches Corvette Makhachkala
Business & Finance

Russia: Almaz Shipyard Launches Corvette Makhachkala

On April 27th JSC Almaz Shipbuilding launched corvette Makhachkala of Project 21630. The vessel comes as the third and last Buyan-class corvette built by the shipyard. The ship was successful launched from the shipyard’s floating dock and moored into the outfitting quay for finishing touches. The Pr

about 14 years ago

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Reef Subsea Unveils Reef Larissa Subsea Construction Vessel (UK)
Business & Finance

Reef Subsea Unveils Reef Larissa Subsea Construction Vessel (UK)

Reef Subsea AS recently announced that one of its new inspection, maintenance & repair and subsea construction vessel, the Reef Larissa, which will be operated soon by its specialised company Specialist Subsea Services Ltd (S³) was unveiled at Aberdeen Harbour Wednesday 25th April 2012, having just

about 14 years ago
UK: Offshore Marine Support Secures Build Slot for South Catamaran 17m WFSV
Business & Finance

UK: Offshore Marine Support Secures Build Slot for South Catamaran 17m WFSV

Offshore Marine Support Ltd. announce that it has entered into an agreement to secure a build slot for a South Catamaran 17m Wind Farm Support Vessel to be built by South Boats Special Projects Ltd. on the Isle of Wight. The South Catamaran 17m WFSV is a unique vessel with capabilities well beyond i

about 14 years ago
UK: Stork Technical Services Strengthens Senior Management Team
Business & Finance

UK: Stork Technical Services Strengthens Senior Management Team

Stork Technical Services, the leading global provider of knowledge-based asset integrity management services for the oil and gas, chemical and power sectors, has strengthened its senior management team with two key appointments. Dave Workman has been appointed to the new position of Chief Operating

about 14 years ago
Statoil Sells Norwegian Continental Shelf Assets to Centrica
Business & Finance

Statoil Sells Norwegian Continental Shelf Assets to Centrica

The transaction following Statoil’s divestment and exit from several licenses on the Norwegian Continental Shelf (NCS) in November last year is now closed. The buyer was the UK based energy company and established NCS player Centrica and the consideration was USD 1.525 billion. An additional payment

about 14 years ago
UK: Stork Bolsters Its Team with Two New Appointments
Business & Finance

UK: Stork Bolsters Its Team with Two New Appointments

Stork Technical Services, the leading global provider of knowledge-based asset integrity management services for the oil and gas, chemical and power sectors, has strengthened its senior management team with two key appointments. Dave Workman has been appointed to the new position of Chief Operating

about 14 years ago

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UK: Proserv Acquires Weatherford International’s Subsea Controls Business
Business & Finance

UK: Proserv Acquires Weatherford International’s Subsea Controls Business

Global-leading energy production technology services company Proserv is bolstering its rapidly-expanding subsea capabilities and specialist integrated services and increasing its workforce by more than 300 people. Proserv, which has operations globally, has agreed terms to assume Weatherford Interna

about 14 years ago
UK: GE to Supply Subsea Equipment for Cheviot Field
Business & Finance

UK: GE to Supply Subsea Equipment for Cheviot Field

GE Oil & Gas will supply ATP Oil & Gas (UK) Limited with subsea production equipment, ancillary systems and related services for ATP’s signature Cheviot oilfield project in the North Sea, under the terms of an $80 million contract. ATP is a unit of Houston, Texas-based ATP Oil & Gas Corporation. “Th

about 14 years ago
Reef Subsea Unveils SCV Reef Larissa in Aberdeen, UK
Business & Finance

Reef Subsea Unveils SCV Reef Larissa in Aberdeen, UK

Reef Subsea AS announced that one of its new inspection, maintenance & repair and subsea construction vessel, the Reef Larissa, which will be operated soon by its specialised company Specialist Subsea Services Ltd (S³) was unveiled at Aberdeen Harbour on Wednesday 25th April 2012, having just return

about 14 years ago
Commencement of Study for First Power Interconnector Between UK and Denmark
Business & Finance

Commencement of Study for First Power Interconnector Between UK and Denmark

National Grid and Denmark’s Energinet.dk have announced the start of a study to look at the possibility of a first electricity power connection between Great Britain and Denmark. Work will start immediately with the aim to compete it by the end of 2012. This new ‘pre-feasibility’ study is a very ear

about 14 years ago