Business & Finance
Norway: Aker Solutions Bags Subsea Connection Systems Contract for Draugen Field
Aker Solutions has been awarded a contract by A/S Norske Shell, to deliver subsea connection systems for the Draugen field on the Norwegian continental shelf. Contract value is approximately NOK 105 million. Scope of work includes the delivery of complete tie-in connection systems for production flo
Shell Orders Subsea Connection Systems from Aker Solutions (Norway)
Aker Solutions has been awarded a contract by A/S Norske Shell, to deliver subsea connection systems for the Draugen field on the Norwegian continental shelf. Contract value is approximately NOK 105 million. Scope of work includes the delivery of complete tie-in connection systems for production flo
Norwegian Parliament Approves Asgard Subsea Gas Compression
The development of the Åsgard subsea gas compression was approved in the Storting (Norwegian parliament) on 27 March 2012. This signals the start for implementation of one of Statoil’s most demanding technology projects aimed at improving recovery. Åsgard subsea gas compression will increase recover
Norway Approves Asgard Subsea Compression
The development of the Åsgard subsea gas compression was approved in the Storting (Norwegian parliament) on 27 March 2012. This signals the start for implementation of one of Statoil’s most demanding technology projects aimed at improving recovery. Åsgard subsea gas compression will increase recover
Norway: Emerson Launches Roxar RMS 2012 Reservoir Modelling Solution
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
UK: Skandi Foula PSV First to Use New Facilities at Torry Quay
The first phase of a multi-million pound redevelopment project of Aberdeen Harbour’s Torry Quay has been completed. A project milestone, it was marked by the platform supply vessel Skandi Foula, which docked at the quay before loading cargo destined for a North Sea installation. The vessel, chartere
UK: First Vessel Docks at New Aberdeen Harbour’s Torry Quay
The first phase of a multi-million pound redevelopment project of Aberdeen Harbour’s Torry Quay has been completed. A project milestone, it was marked by the vessel Skandi Foula, which docked at the quay before loading cargo destined for a North Sea installation. The vessel is the first to have used
Norway: Spectrum Strengthens Executive Management Team
Spectrum is implementing a strategy of growth in the Multi Client Seismic market and as part of the company’s strategic growth plan Spectrum announces a strengthening of the Executive Management Team. Arne Helland has been appointed as Executive Vice President Strategy and Business Development in Sp
UK: BP Sells SGA to Perenco for USD 400 mln
BP announced today that it has agreed to sell its interests in its southern gas assets (SGA) in the UK North Sea to Perenco UK Ltd for $400 million in cash. As it continues the active management of its business portfolios around the world, focusing on core activities and future growth, BP expects to
New Era for The Netherlands Hydrographic Service
The Royal Netherlands Navy has successfully executed the final contractual tests of its System for Hydrographic Information Processes – Part 2 (SHIP2) project. The SHIP2 project was implemented to produce a new production system for the Netherlands Hydrographic Office. The project will deliver a sol
UK: Afren 2011 Profit Almost Triples
A London-based oil and natural gas exploration and production company, Afren Plc, today reported a record turnover of US$597 million for the full year 2011 which represents an 87% increase when compared to the last year’s US$319 million. The company’s 2011 profit nearly tripled, rising 172% from US$
French Technip Becomes Top Employer Europe 2012
Technip announces that it has been certified as a Top Employer Europe 2012. This independent certification, delivered by the CRF Institute, underlines the quality of Technip’s human resources (HR) policies and the excellent and consistent working conditions offered to its people. The CRF Institute,
UK’s Rolls-Royce Confirmes Order of Its New Fuel Efficient Fish Transporter Vessel
Rolls-Royce, the global power systems company, has won its first order for a new ship developed specifically for transporting live fish. Norwegian ship owner Sølvtrans AS, the world’s largest transporter of live fish, is the first customer for this advanced, fuel efficient vessel. In order to transp
Imtech Receives Netuba Turkey Trade Award
On 22nd March, Imtech Marine received the Netherlands Turkey Trade Award 2012. The award was handed over to Terry van Velzen, Business development director of Imtech Marine, by the Turkish Ambassador, His Excellency Ugur Dogan in the city hall of Rotterdam. About 230 persons attended the award cerem