Business & Finance
Italy Based Gamma Yachts to Launch Its Latest Model at Hainan
Italian based Gamma Yachts will launch it’s latest model at the Hainan Rendez Vous April 5th-8th. The Gamma 24 Mediterranean is the bigger sister of the trendsetting Gamma 20. All Gamma’s are designed and engineered by Dutch renowned Naval Architect Vripack. Guido Bonandrini of Gamma Yachts is thril
Norway: NADL Raises USD 300 mln Through Private Placement
North Atlantic Drilling Ltd, a leading offshore harsh environment drilling company, 77 pct owned by Seadrill, has, via Private Placement, successfully placed 150,000,000 new ordinary shares at US$ 2.00 per share, raising gross proceeds of US$300 million. The private placement was directed towards No
UK: Roc Oil Reports Operational Issues at Enoch Oil and Gas Field
Roc Oil (GB) Limited, a wholly owned subsidiary of ROC, advises that production from the Enoch oil and gas field (ROC: 12% interest), located in the North Sea, is anticipated to be offline for the remainder of 2012 due to mechanical issues related to subsea equipment. ROC is awaiting advice from the
UK: Pelamis Founder Receives Saltire Prize Medal
Dr Richard Yemm, inventor of the Pelamis wave energy device and founder of Pelamis Wave Power was honoured last night for his outstanding contribution to the development of the marine renewables sector. First Minister Alex Salmond presented Richard Yemm with the second annual Saltire Prize Medal at
UK: Enoch Field Goes Offline
Roc Oil (GB) Limited, a wholly owned subsidiary of ROC, advises that production from the Enoch oil and gas field (ROC: 12% interest), located in the North Sea, is anticipated to be offline for the remainder of 2012 due to mechanical issues related to subsea equipment. ROC is awaiting advice from the
Scotland: Pelamis Wave Energy Device Inovator Honoured for Key Role in Marine Energy
Dr Richard Yemm, inventor of the Pelamis wave energy device has been honoured for his outstanding contribution to the development of the marine renewables sector. The iconic red ‘sea-snake’ wave energy converter has gained international recognition since Dr Yemm founded Pelamis Wave Power in Edinbur
Scotland: Pelamis Wave Energy Device Inovator Honoured for Key Role in Marine Energy
Dr Richard Yemm, inventor of the Pelamis wave energy device has been honoured for his outstanding contribution to the development of the marine renewables sector. The iconic red ‘sea-snake’ wave energy converter has gained international recognition since Dr Yemm founded Pelamis Wave Power in Edinbur
UK: Barrie Horsburgh Joins Jee as Principal Subsea Controls Engineer
Barrie Horsburgh has joined engineering firm Jee as Principal Subsea Controls Engineer. Barrie brings with him considerable subsea controls and Intervention Workover Control Systems (IWOCS) experience gained across different continents and through a range of high-profile subsea projects. He is a ski
UK: Gas Leak at Elgin Platform Remains Ongoing, Total Says
On 25 March, Total reported that a gas leak following a well operation occurred on the same day at the wellhead platform on the Elgin gas field which is located in the UK North Sea approximately 240 km east of Aberdeen. Total immediately launched internal emergency procedures and Crisis Management T
Croatia: Brodosplit Starts Construction of Heavy Lift Vessel Ordered by Jumbo Shipping
At the Brodosplit shipyard, on March 26th 2012, the steel cutting ceremony for Newbuilding 473 was successfully held. It is a heavy lifter for transportation of heavy or large size cargo, contracted for the Dutch heavy lift Shipping Company Jumbo Shipping. Jumbo Shipping is one of the world’s leadin
France Based CMA CGM Announces New Cooperation with MSC and CSAV
CMA CGM announced a new cooperation with MSC and CSAV, replacing existing cooperation with Hamburg Sud and Hapag Lloyd. As from the 11th April 2012, at Rotterdam, CMA CGM will start a new cooperation with MSC and CSAV, on the North Europe East Coast – South America trade. This new cooperation will a
Samskip Expands Its Norwegian West Coast Service
Samskip Multimodal Container Logistics has announced a further expansion of its Norwegian West Coast Service, which provides a connection between the Norwegian West Coast and the Port of Rotterdam in Northwest Europe. With immediate effect Samskip will add the new port of call Flekkefjord to the Nor
Norway: Yard Stay for Safe Scandinavia
Bergen Group Hanøytangen is awarded contract for a yard stay for the accommodation rig Safe Scandinavia in April this year. The contract value for Bergen Group Hanøytangen is estimated to NOK 15-20 million. The contract also includes an option for a shorter yard stay during summer 2012. Safe Scandin
UK: Emerson Releases Roxar RMS 2012
Emerson Process Management has released Roxar RMS 2012, the latest version of its reservoir modelling software. The launch sees the continued expansion of Roxar RMS into the geophysics domain through a completely integrated reservoir modelling workflow which includes seismic interpretation, reservoi