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Business & Finance

UK: Flare at Elgin Platform Could Ignite Gas Cloud, Experts Say
Business & Finance

UK: Flare at Elgin Platform Could Ignite Gas Cloud, Experts Say

The gas leak that occurred at the wellhead platform on the Total-operated Elgin field in the UK North Sea, remains ongoing, the operator reports. The gas has been flowing since Sunday, March 25th, when Total evacuated all the personnel from the Elgin platform. The precise cause of the gas leak, that

about 14 years ago
Denmark: New Bill to Clarify Responsibilities Regarding Maritime Education and Pilotage
Business & Finance

Denmark: New Bill to Clarify Responsibilities Regarding Maritime Education and Pilotage

Yesterday, Minister for Business and Growth Ole Sohn presented a bill clarifying the distribution of responsibilities between the authorities regarding the maritime training programmes and the pilotage area following the Government’s transfer of competences. The bill, which the Minister for Business

about 14 years ago
Spain: Boluda Takes Part in Ecoport Program
Business & Finance

Spain: Boluda Takes Part in Ecoport Program

The objective of this working group is to improve the environmental status of Gandia, Valencia and Sagunto ports. Valencia – Boluda Towage and Salvage, a division of Boluda Corporación Marítima which holds a leading position in the shipping sector at national and international level, focuses on towi

about 14 years ago
Italy’s Saipem Hired by Petrobras and Saudi Aramco
Business & Finance

Italy’s Saipem Hired by Petrobras and Saudi Aramco

Saipem has been awarded new E&C Offshore contracts in Brazil and Saudi Arabia, worth approximately $700 million

about 14 years ago
British Ports Association Elects New Chairman
Business & Finance

British Ports Association Elects New Chairman

Colin Parker, Chief Executive of Aberdeen Harbour Board, has been elected Chairman of the British Ports Association for the next two years at its AGM in London on 27 March. Also elected was Andrew Moffat, Chief Executive of the Port of Tyne, as Vice Chairman and Sara Bassett, Finance Director of Sho

about 14 years ago

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Denmark: BIMCO Publishes GUARDCON Standard Contract
Business & Finance

Denmark: BIMCO Publishes GUARDCON Standard Contract

BIMCO announced the publication of the GUARDCON standard contract for the employment of security guards on vessels. This brand new contract has been developed to provide ship owners and private maritime security companies (PMSC) with a clearly worded and comprehensive standard contract to govern the

about 14 years ago
UK: Plexus Announces Interim Results
Business & Finance

UK: Plexus Announces Interim Results

Plexus Holdings plc, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering announces its interim results for the six months to 31 December 2011. Highlights Financial · 24% increase in sales revenue to £9.3m (2010:

about 14 years ago
Norway: MaXccess System Completes Offshore Trials
Business & Finance

Norway: MaXccess System Completes Offshore Trials

OSBIT Power (OP), Siemens Wind Power and Statoil announced that they have successfully completed offshore trials of OP’s innovative offshore wind turbine access system, MaXccess. The trials were conducted with the backing of Siemens Wind Power and Statoil, at the Hywind Demo floating offshore wind t

about 14 years ago
Norway: Kongsberg Establishes Cybernetics R&D Group
Business & Finance

Norway: Kongsberg Establishes Cybernetics R&D Group

Kongsberg Maritime has recently established a specialist ‘Cybernetics R&D Group’, whose main goal is to contribute at the cutting edge of research-based and market-oriented innovation across product areas such as dynamic positioning, navigation and automation systems. The group, which is currently r

about 14 years ago
Fairstar: FJELL Bags Nigeria Gig. FJORD Prepares for Gorgon, Australia
Business & Finance

Fairstar: FJELL Bags Nigeria Gig. FJORD Prepares for Gorgon, Australia

Fairstar Heavy Transport N.V. (FAIR) has signed a contract with Aveon Offshore Limited to provide marine transportation services for the Chevron OAGM project in Nigeria. The FJELL will transport two power barges from the Bonny River in Nigeria to the Escravos Area. The contract value is USD 1.2 mill

about 14 years ago

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Russia: First Gas from Kirinskoye Field in 2H 2012
Business & Finance

Russia: First Gas from Kirinskoye Field in 2H 2012

In 2012 Gazprom will launch gas production from the Kirinskoye gas and condensate field on the Sakhalin shelf as part of the Sakhalin III project. For the first time ever natural gas will be produced by a subsea production system in Russia. By the moment, a gathering manifold to intake gas mixture f

about 14 years ago
Russia: Gazprom Expects First Gas from Kirinskoye Field in 2012
Business & Finance

Russia: Gazprom Expects First Gas from Kirinskoye Field in 2012

In 2012 Gazprom will launch gas production from the Kirinskoye gas and condensate field on the Sakhalin shelf as part of the Sakhalin III project. For the first time ever natural gas will be produced by a subsea production system in Russia. By the moment, a gathering manifold to intake gas mixture f

about 14 years ago
Rolls-Royce Design and Equipment for Chinese-built OSVs
Business & Finance

Rolls-Royce Design and Equipment for Chinese-built OSVs

Rolls-Royce, the global power systems company, has won a £24 million order to design and equip four offshore service vessels which will be built by COSCO (Guangdong) Shipyard Co., Ltd in China. The Rolls-Royce UT 771 CDL vessels will feature a fully integrated equipment system including highly effic

about 14 years ago
Germany: SOC to Supply Inner Array Cables for Amrumbank West Offshore Wind Farm
Business & Finance

Germany: SOC to Supply Inner Array Cables for Amrumbank West Offshore Wind Farm

Siem Offshore Contractors GmbH, a wholly owned subsidiary of Siem Offshore Inc., announced that SOC has been awarded the contract for the installation of the inner array grid cables as well as associated services for the Amrumbank West Offshore Wind Farm project by Amrumbank West GmbH, a subsidiary

about 14 years ago