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Business & Finance

Denmark: Dong Energy’s Board Loses Confidence in Eldrup
Business & Finance

Denmark: Dong Energy’s Board Loses Confidence in Eldrup

Danish energy giant, Dong Energy, today unveiled more details on the recent resignation of the company’s CEO, Andres Eldrup. According to Dong Energy’s Chairman of the Board of Directors, Fritz Schur, the company’s Board has learnt that the former CEO has been involved in some unusual employment and

about 14 years ago
UK: OSV Viking Lady to Get First Hybrid System
Business & Finance

UK: OSV Viking Lady to Get First Hybrid System

A true hybrid energy system is currently being developed for installation on board the offshore supply vessel Viking Lady. An impressive battery pack for energy storage will soon be installed. When the new system is complete, the operation of the engine will be more smooth and cost effective giving

about 14 years ago
Norway: PSA Conducts Audit of Jette Development
Business & Finance

Norway: PSA Conducts Audit of Jette Development

On 15 February, the Petroleum Safety Authority Norway (PSA) conducted an audit of Det norske’s development of Jette. No nonconformities were identified in the audit, and no notifications of orders were issued. The report states that the project is well manned and managed. Drilling PSA’s supervisory

about 14 years ago
PSA Norway: Jette Development Well Managed
Business & Finance

PSA Norway: Jette Development Well Managed

The Petroleum Safety Authority Norway (PSA), the government’s body responsible for safety, emergency preparedness and the working environment in the petroleum activities in Norway, last month carried out an inspection of Det norske’s development of Jette field, located in Norwegian North Sea. The re

about 14 years ago
Norway: Emerson Provides Metering Systems for Statoil’s Valemon
Business & Finance

Norway: Emerson Provides Metering Systems for Statoil’s Valemon

In one of the first projects covered by the framework agreement, Emerson will provide a range of integrated fiscal metering systems for Statoil’s new Valemon gas and condensate platform.

about 14 years ago

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Vos Prodect Delivers First Cable Hang-Off System to NSW (Germany)
Business & Finance

Vos Prodect Delivers First Cable Hang-Off System to NSW (Germany)

Vos Prodect is about to deliver cable hang-off systems to be installed in an offshore wind farm project, which is located in the North Sea. “Our Cable hang-off systems have been approved with a final acceptance test and packed in accordance with the requirements“, said the company. Vos Prodect was c

about 14 years ago
Ukraine: Epsilon Maritime Training Facilities in Odesa Enter GET-Net Partnership
Business & Finance

Ukraine: Epsilon Maritime Training Facilities in Odesa Enter GET-Net Partnership

Transas Global ECDIS Training Network GET-Net expands in Ukraine with EPSILON Hellas and their Epsilon Training Center in Odessa. EPSILON Hellas and their Epsilon Maritime Training facilities in Odessa enter GET-Net partnership as a Transas Approved Training Center. The training center will provide

about 14 years ago
Baker Hughes to Bring New Well Stimulation Vessel to North Sea
Business & Finance

Baker Hughes to Bring New Well Stimulation Vessel to North Sea

Baker Hughes Incorporated announced that its subsidiary has chartered a new state-of-the-art pressure pumping vessel that will provide offshore stimulation services to Maersk Oil in the North Sea. Upon completion, scheduled for late 2013, the Blue Orca™ will become the eighth vessel in the Baker Hug

about 14 years ago
SeaCat AUV’s Succesfull Mission in Germany
Business & Finance

SeaCat AUV’s Succesfull Mission in Germany

In a mission lasting almost seven hours, an autonomous underwater vehicle made by ATLAS ELEKTRONIK “dived” through a water supply tunnel 24 kilometres long in the vicinity of Stuttgart, successfully investigating the tunnel for damage. With this survey on 6 March 2012, it at last became possible to

about 14 years ago
Germany: E.ON Announces 2011 Results
Business & Finance

Germany: E.ON Announces 2011 Results

E.ON AG continued its consolidation course in a difficult business environment in 2011 and is past the worst. At the presentation of the company’s annual results, CEO Johannes Teyssen was cautiously optimistic about where E.ON stands. “We made good progress implementing our strategy. E.ON 2.0, our e

about 14 years ago

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Germany: E.ON Announces 2011 Results
Business & Finance

Germany: E.ON Announces 2011 Results

E.ON AG continued its consolidation course in a difficult business environment in 2011 and is past the worst. At the presentation of the company’s annual results, CEO Johannes Teyssen was cautiously optimistic about where E.ON stands. “We made good progress implementing our strategy. E.ON 2.0, our e

about 14 years ago
AGR Inks Frame Agreement with Lundin Norway
Business & Finance

AGR Inks Frame Agreement with Lundin Norway

AGR Facilities Solutions AS, part of the AGR Group, has signed a Frame Agreement with Lundin Norway AS. The activity will include engineering and technical services until the end of 2013 – worth more than £760,000 for this year alone. These services will range from system engineering and mechanical

about 14 years ago
AGR Inks Frame Agreement with Lundin Norway
Business & Finance

AGR Inks Frame Agreement with Lundin Norway

AGR Facilities Solutions AS, part of the AGR Group, has signed a Frame Agreement with Lundin Norway AS. The activity will include engineering and technical services until the end of 2013 – worth more than £760,000 for this year alone. These services will range from system engineering and mechanical

about 14 years ago
Ukraine: 107-Year Old Submarine Becomes Museum Piece
Business & Finance

Ukraine: 107-Year Old Submarine Becomes Museum Piece

A submarine of Russian Imperial Navy lying at the depth of 76 meters near Cape Fiolent (Sevastopol, Ukraine) will be lifted soon. As is planned, the sub is to be turned into museum. Submarine Skat was built in 1905. She was responsible for protection of Sevastopol and was sunken in 1919 as overaged

about 14 years ago