Business & Finance
Russia: USC to Spend USD 37.4 Bln on Constructing Vessels by 2020
United Shipbuilding Corporation (USC) will spend RUR 1.1 trillion (approx $ 37.4 billion) on construction of civil vessels till 2020, writes Vedomosti on Feb 27 referring to plan of orders for civil ships and marine equipment drawn out by Ministry of Trade and Industry along with USC. According to t
10 Years of RWE Dea UK
RWE Dea UK celebrates its 10 year anniversary: Looking back on a decade of successful exploration and production of natural gas in the United Kingdom. The company also expects significant growth in the next years. RWE Dea UK Holdings Ltd has been the operating subsidiary of RWE Dea AG since 2002 and
Russia: Eni and Gazprom Discuss Implementation of South Stream Gas Pipeline
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Paolo Scaroni, Chief Executive Officer of Eni. The parties discussed current issues and prospects for further cooperation in the energy sector. Particular attention was p
Russia: Gazprom, Eni CEOs Discuss Future Cooperation Prospects
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Paolo Scaroni, Chief Executive Officer of Eni. The parties discussed current issues and prospects for further cooperation in the energy sector. Particular attention was p
France: CGGVeritas Names New Senior Executive Vice-Presidents
Following Jean-Georges Malcor, CEO, proposal, the Board of directors appointed Stéphane-Paul Frydman and Pascal Rouiller as CGGVeritas Senior Executive Vice-Presidents. Stéphane-Paul Frydman will assist the CEO and head Strategy, Legal and Investor Relations departments. He will also continue his ex
Greece: Danaos Corporation Takes Delivery of One More Newly Built Containership
Danaos Corporation , international owner of containerships, announced that on February 28, 2012, it took delivery of one more newly built containership, the CMA CGM MELISANDE, expanding its operational fleet to a total of 61 containerships aggregating 312,779 TEU. The CMA CGM MELISANDE, built at Sha
UK: Hydratight Reveals Upgraded Emergency Pipeline Repair System
Hydratight has launched an updated Emergency Pipeline Repair System to offer better disaster planning and contingency services to operators and contractors. Following the dramatic reaction to the Gulf disaster in early 2011, ever-increasing demands are being placed on oil and gas operators to provid
UK: Wello’s Penguin Wave Energy Converter Ready for Deployment at EMEC
Finnish renewable technology developer, Wello Ltd, has announced that its Penguin wave energy converter is ready for full-scale deployment at the European Marine Energy Centre (EMEC) in Orkney, following successful testing. Wello’s 0.5 MW Penguin device, which produces sustainable power through wave
The Netherlands: Vos Prodect’s Cable Hang-off Systems for NSW
Vos Prodect Innovations B.V. has been contracted by Norddeutsche Seekabelwerke GmbH (NSW), for the supply of Cable Hang-off Systems for an offshore wind farm project in the North Sea. The second supply contract has been achieved by satisfying the technical and commercial requirements of the subject
Denmark Based ERRIA Sells Another Vessel to Uni-Tankers
ERRIA, a shipping company specialized in providing administrative ship management, announced that it has sold another vessel and has transferred it on February 27 to Uni-Tankers at St. Eustathius, Netherland Antilles. The vessel MV MT Erria Mie belongs to a group of nine vessels that the company is
VERIPOS Establishes New Reference Station Facilities in Norway
Veripos, world leaders for provision of high-precision GNSS positioning solutions for the offshore oil and gas industry, has extended the North West European sector of its global multi-source network with the establishment of new reference station facilities at Hammerfest in northern Norway. The new
Norway: Veripos Sets Up Reference Station Facilities at Hammerfest
Veripos, world leaders for provision of high-precision GNSS positioning solutions for the offshore oil and gas industry, has extended the North West European sector of its global multi-source network with the establishment of new reference station facilities at Hammerfest in northern Norway. The new
Norway: ExxonMobil Sublets PSV to Statoil
Seabrokers Group reports that ExxonMobil has sublet Simon Møkster Shipping AS-owned platform supply vessel, the MV “Strilmøy”, to Norway’s Statoil. Statoil has chartered the 85,65m long vessel, designed by Marin Teknikk AS, on a 6 month contract with 2×3 month options. The contract is expected to be
Germany: NSW Charters MV Aura for Subsea Works
Norddeutsche Seekabelwerke GmbH (NSW) has agreed to long-term charter the DP2 vessel MV Aura from the Finnish Meriaura Ltd for use in subsea cable installation projects in the North and Baltic Sea. Under the terms of the agreement NSW will charter the vessel starting in summer 2012. Constructed in 2