Business & Finance
Germany: ABB’s Offshore Wind Projects to Proceed as Planned
According to the Financial Times Deutschland, Swiss engineering compay ABB is expecting its offshore wind projects to advance as planned, without delays. Peter Terwiesch, head of ABB in Germany, said that profit margins for the projects are in a “normal development corridor.” Contrary to Siemens who
Germany: ABB’s Offshore Wind Projects to Proceed as Planned
According to the Financial Times Deutschland, Swiss engineering compay ABB is expecting its offshore wind projects to advance as planned, without delays. Peter Terwiesch, head of ABB in Germany, said that profit margins for the projects are in a “normal development corridor.” Contrary to Siemens who
NPD Starts Seismic Acquisition in Barents Sea (Norway)
The Norwegian Petroleum Directorate (NPD) started acquiring seismic in the southern part of the Barents Sea yesterday. “The entire first line of 67 kilometres was acquired before midnight. We are very satisfied with this start-up,” says Lars Jensen, the NPD’s project manager for this summer’s seismi
Norway: NPD Starts 8-Week Barents Sea Seismic Survey
The Norwegian Petroleum Directorate (NPD) started acquiring seismic in the southern part of the Barents Sea yesterday, 26 April, at 17:28 hours. “The entire first line of 67 kilometres was acquired before midnight. We are very satisfied with this start-up,” says Lars Jensen, the NPD’s project manage
Norstec Aims to Maximise North Sea Market
Modus Seabed Intervention, one of the North East’s leading subsea specialist companies, believes membership of a new industry partnership will bring even greater success in the North Sea renewable energy market. Provisionally known as Norstec, the partnership is a global network of businesses aimed
U.S. Macondo Incident Investigators Learn from UK
A key US investigation into the Macondo disaster in the Gulf of Mexico in 2010 could take into account learning and lessons from the UK. Investigators from the US Chemical Safety and Hazard Investigation Board (CSB) visited the UK on a fact-finding mission to gain further understanding of the UK oil
3rd Serial Tanker of Project 2734 for BFC Launched (Russia)
St. Petersburg-based shipyard Baltiysky Zavod yesterday, April 26, held a launching and christening ceremony for the third vessel of a series of four non-self propelled oil tankers of Project 2734, ordered by Baltic Fuel Company (BFC). The vessel was named “Mira.” The RUB 400 million turn-key contra
Russia: Pella Shipyard Conducts Mooring Trials for Navy Tugs
Pella Shipyard, the leading company in Russian tug building market, is conducting the mooring trials for tug No 621 of project 16609 and tug No 502 of project PE-65. Both tugs are being built for the Russian Navy. The first tug of project 16609 is an Azimuth tug intended for harbor, coastal and offs
The Netherlands: Samskip Acquires Two Container Vessels
Samskip has acquired the container vessels Arnarfell and Helgafell, both of which have been employed by the company on the route between Iceland and Europe since early 2005. Samskip has been chartering the vessels since they were delivered, as new builds, seven years ago. From the beginning they hav
Norstec to Help Realise North Sea Potential
Modus Seabed Intervention, one of the North East’s leading subsea specialist companies, believes membership of a new industry partnership will bring even greater success in the North Sea renewable energy market. Provisionally known as Norstec, the partnership is a global network of businesses aimed
Rickmers-Linie Appoints New Representatives in France, Bangladesh and Sri Lanka
Rickmers-Linie, the Hamburg based operator of heavy lift and project liner services, is now actively serving Bangladesh and Sri Lanka with direct calls in Chittagong and Colombo respectively. It has therefore appointed new agents in these two countries. In addition, a new agency has been selected in
Norway: Age Landro Returns to AGR as EVP of Strategy & Integration
Former EVP of AGR Field Operations Åge Landro returns to AGR as EVP of Strategy & Integration. Landro moved to Oceaneering in December 2011 when AGR Field Operations was sold from AGR to Oceaneering. Landro will rejoin AGR’s Leadership to help grow the firm across all key markets. He said: “After le
Germany Could Increase EUR 5 Billion Offshore Wind Program
The German government is negotiating increase of financial support for the grid operators that are working on connections, reported Bloomberg. The negotiations are a part of an effort to fight delays in connecting turbines to the power grid. As a result, the state may increase a program worth EUR 5
Germany Could Increase EUR 5 Billion Offshore Wind Program
The German government is negotiating increase of financial support for the grid operators that are working on connections, reported Bloomberg. The negotiations are a part of an effort to fight delays in connecting turbines to the power grid. As a result, the state may increase a program worth EUR 5