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Business & Finance

NSW Charters MV Aura for Subsea Projects in North and Baltic Sea
Business & Finance

NSW Charters MV Aura for Subsea Projects in North and Baltic Sea

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

about 14 years ago
GEA Westfalia Separator Gets IMO Certification for Its New Ballast Water Solution (Germany)
Business & Finance

GEA Westfalia Separator Gets IMO Certification for Its New Ballast Water Solution (Germany)

The new solution of GEA Westfalia Separator Group for the treatment of ballast water with the aid of ultraviolet radiation, the BallastMaster ultraV, has been recently certified in accordance with IMO guidelines and regulations. The BallastMaster ultraV ballast water management system is a highly ef

about 14 years ago
Denmark: DONG Hires Maersk Resolve Rig for Hejre Development
Business & Finance

Denmark: DONG Hires Maersk Resolve Rig for Hejre Development

DONG Energy has contracted Maersk Drilling’s jack-up rig Maersk Resolve for work on the Hejre field in the Danish North Sea. The expected duration of the five-well contract is approx 750 days and the contract also includes an option for two additional wells of estimated 280 days’ duration. The contr

about 14 years ago
Germany: Becker Marine Systems Develops Emission-free Ferry
Business & Finance

Germany: Becker Marine Systems Develops Emission-free Ferry

The first emission-free “Wadden Sea ferry“ will start service in the European coastal waters in autumn 2013. The concept was developed by Becker Marine Systems in cooperation with renowned partners and will be implemented rapidly. The environment is not just important concerning the topics Manoeuver

about 14 years ago
Azerbaijan: SOCAR Begins Seismic Survey at Umid and Babak
Business & Finance

Azerbaijan: SOCAR Begins Seismic Survey at Umid and Babak

Azerbaijan’s state oil company SOCAR has started 3D seismic data acquisition operations at Umid and Babak offshore blocks in the Caspian Sea to gain more information on availability of the South Caspian basin, as well as its geological structure. Caspian Geophysical, a joint venture between WesternG

about 14 years ago

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Norway: Statoil Appoints Lars Christian Bacher as Executive Vice President for DPI
Business & Finance

Norway: Statoil Appoints Lars Christian Bacher as Executive Vice President for DPI

Lars Christian Bacher has been appointed executive vice president for Development and Production International (DPI) in Statoil and will take up his new position as of 1 September. Bacher will succeed Peter Mellbye who is retiring after 30 years with the company. Lars Christian Bacher holds a master

about 14 years ago
Wilhelmsen Technical Solutions withdraws its Unitor BWTS from Market (Norway)
Business & Finance

Wilhelmsen Technical Solutions withdraws its Unitor BWTS from Market (Norway)

Wilhelmsen Technical Solutions has completed a comprehensive performance verification program for the Unitor Ballast Water Treatment System (Unitor BWTS). As a result of the evaluation that followed, the company reached the decision to withdraw the current design of the Unitor BWTS from the market.

about 14 years ago
Norwegian Eidsvaag Orders Gas Powered Forage Carrier from Rolls-Royce
Business & Finance

Norwegian Eidsvaag Orders Gas Powered Forage Carrier from Rolls-Royce

Rolls-Royce, the global power systems company, has won a second order for a vessel from its award winning Environship range. This gas powered ship will be used to supply feed to fish farms along the Norwegian coast. The vessel has been ordered by Norwegian company Eidsvaag AS and will operate a dema

about 14 years ago
France: CGGVeritas’ Revenue 10 Pct Up in 2011
Business & Finance

France: CGGVeritas’ Revenue 10 Pct Up in 2011

CGGVeritas Board of Directors approved on February 29, 2012, the 2011 financial statements of the Company, on which the independent auditors are in the process of completing their audit procedures. Fourth Quarter 2011 key figures: * 2011 Revenue up 10% and Cash Flow from Operations up 36% * Operatin

about 14 years ago
UK: Inchcape Shipping Services Adapts to Shifting Industry Dynamics
Business & Finance

UK: Inchcape Shipping Services Adapts to Shifting Industry Dynamics

In a sector that sees many players struggling to maintain earnings, ISS lays out its new vision and explains deep changes in the way it is organised and does business. Captain Claus Hyldager, Chief Executive of Inchcape Shipping Services (ISS), the global strategic maritime and cargo services provid

about 14 years ago

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Norway: Wintershall Ready to Drill Skarfjell Well
Business & Finance

Norway: Wintershall Ready to Drill Skarfjell Well

In parallel to drilling the appraisal well in the Maria field, Wintershall Norge is now operating another drilling project in Norway. The Skarfjell exploration well in the Norwegian sector of the North Sea will provide information as to the potential hydrocarbon reserves in that area. It is planned

about 14 years ago
UK: NMOHSC, Chamber of Shipping and RMT Release Guidelines for Passenger Ships
Business & Finance

UK: NMOHSC, Chamber of Shipping and RMT Release Guidelines for Passenger Ships

The National Maritime Occupational Health & Safety Committee (NMOHSC), comprising the Chamber of Shipping and maritime unions Nautilus International and RMT, released guidelines to shipping companies on violence, aggression, verbal abuse and threats against staff on passenger ships. The parties to t

about 14 years ago
Norway: Bacher Takes the Wheel of Statoil’s DPI Department
Business & Finance

Norway: Bacher Takes the Wheel of Statoil’s DPI Department

Statoil has appointed Lars Christian Bacher as executive vice president for Development and Production International (DPI) department. Bacher will take up his new position as of 1 September, succeeding Peter Mellbye who is retiring after 30 years with the company. Lars Christian Bacher holds a maste

about 14 years ago
The Netherlands: IHC Merwede Wins Pipelaying Vessels Order
Business & Finance

The Netherlands: IHC Merwede Wins Pipelaying Vessels Order

IHC Offshore & Marine, part of IHC Merwede, and SapuraCrest have signed two contracts for the design, engineering and construction of two new 550t pipelaying vessels. A third contract has been signed with OSX Construção Naval S.A. Brazil for the design and engineering of a 300t pipelaying vessel, as

about 14 years ago