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Business & Finance

Norway: Long Live Statfjord B!
Business & Finance

Norway: Long Live Statfjord B!

Petroleum Safety Authority Norway has given consent to Statoil Petroleum AS for the use of Statfjord B beyond its design lifetime. Statfjord is an oil field located on both sides of the demarcation line between the Norwegian and UK continental shelves in the Tampen area. The field has been developed

about 14 years ago
Norway: Farstad Secures USD 44 Million in Charter Contracts
Business & Finance

Norway: Farstad Secures USD 44 Million in Charter Contracts

Norway’s Farstad Shipping, a supplier of large, modern offshore support vessels, has secured multiple charter contracts. Statoil has declared their option to extend the contracts for PSV Far Seeker (2008, UT 751E, 4.905 DWT) and PSV Far Searcher (2008, UT 751E, 4.992 DWT) for a period of 12 months.

about 14 years ago
TenneT Proposes Measures to Facilitate German Energy Transition
Business & Finance

TenneT Proposes Measures to Facilitate German Energy Transition

In November 2011, TenneT informed the German Federal Chancellery and the German federal ministries of economic affairs and the environment that the construction of connecting cables for offshore wind farms in the German part of the North Sea is no longer possible under current conditions. The curren

about 14 years ago
BBC Chartering Introduces Euro-Asia Service
Business & Finance

BBC Chartering Introduces Euro-Asia Service

Leading German multipurpose and heavy lift operator BBC Chartering announces the introduction of a new liner service connecting Europe and Asia. The line offers bi-weekly sailings to Asia and departs every three weeks to Europe. The new service is marketed under the name “BBC Euro-Asia Express Line”

about 14 years ago
Finland: Navis Receives DNV Approval for Latest AP4000 Autopilot
Business & Finance

Finland: Navis Receives DNV Approval for Latest AP4000 Autopilot

Navis Engineering Oy has received MED-B type approval for its latest generation AP4000 autopilot from classification society Det Norske Veritas (DNV). Issued for a five-year period, the MED-B certificate provides assurance that the product complies with all the relevant international standards impos

about 14 years ago

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Norway: Farstad Secures Four Charter Contracts
Business & Finance

Norway: Farstad Secures Four Charter Contracts

Farstad Shipping announces that it has been awarded with charter contracts from Statoil, Woodside and Petrobras. Statoil has declared their option to extend the contracts for PSV Far Seeker (2008, UT 751E, 4.905 DWT) and PSV Far Searcher (2008, UT 751E, 4.992 DWT) for a period of 12 months. Woodside

about 14 years ago
Norway: E.ON to Drill Exploration Well near Skarv
Business & Finance

Norway: E.ON to Drill Exploration Well near Skarv

E.ON, in close cooperation with the partners in the Pruduction Licence PL558 has completed the work program, comprising seismic re-processing and G&G studies, which has confirmed the prospectivity within the area. The partnership has therefore decided to drill an exploration well within the license,

about 14 years ago
UK: Cargotec’s MacGregor Wins Offshore Industry Innovation Award
Business & Finance

UK: Cargotec’s MacGregor Wins Offshore Industry Innovation Award

The offshore industry will reap commercial and safety benefits from an advanced chain wheel handling system delivered in response to customer demand. Cargotec’s MacGregor Chain Wheel Manipulator has won Offshore Support Journal’s Innovation of the Year award. The award was announced at the Annual Of

about 14 years ago
UK: New WFSV for Iceni Marine Services
Business & Finance

UK: New WFSV for Iceni Marine Services

South Boats Special Projects Ltd. announces the launch and commissioning of its 53rd offshore wind farm crew transfer vessel, ‘Iceni Defiant’. The vessel is a South Catamaran 17m designed to operate from the locks at Grimsby Fish Dock. This vessel is the third built for Iceni Marine Services Ltd. wi

about 14 years ago
UK: New Premises for Kongsberg Maritime
Business & Finance

UK: New Premises for Kongsberg Maritime

Kongsberg Maritime Ltd has announced an investment of £2 million in the long-term lease of new purpose-built premises in Westhill, Aberdeen. The new building will include a bespoke test tank – the first of its kind in Aberdeen – and the most advanced dynamic positioning simulator on the market. The

about 14 years ago

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The Netherlands: Ministry Expands Maasgeul to Prevent Waiting of Ships
Business & Finance

The Netherlands: Ministry Expands Maasgeul to Prevent Waiting of Ships

The Ministry of Infrastructure and the Environment is expanding the Maasgeul to prevent waiting times for ships entering the port of Rotterdam. This navigation channel to the North Sea is the access route for sea-going ships that have a draft of more than 14.3 metres. More and more of these ships co

about 14 years ago
UK: Cargotec’s Chain Wheel Manipulator Wins Innovation Award
Business & Finance

UK: Cargotec’s Chain Wheel Manipulator Wins Innovation Award

Cargotec’s MacGregor Chain Wheel Manipulator has won Offshore Support Journal’s Innovation of the Year award. The award was announced at the Annual Offshore Support Journal Conference in London on 15 February, and presented to Cargotec’s sales team for Advanced Load Handling in front of an audience

about 14 years ago
UK: Committee Publishes Report on Future of Wave and Tidal Energy
Business & Finance

UK: Committee Publishes Report on Future of Wave and Tidal Energy

The UK could become a leading exporter of wave and tidal power equipment and expertise if the Government adopts a more visionary approach to developing marine renewables, according to a new report by the Energy and Climate Change Select Committee. * Report: The Future of Marine Renewables in the UK

about 14 years ago
UK: DPS Offshore Purchases Tritech’s Gemini Sonar
Business & Finance

UK: DPS Offshore Purchases Tritech’s Gemini Sonar

Tritech has sold 3 Gemini 720id multibeam sonars to DPS Offshore, the subsea rental division of Forum Energy Technologies (FET), as part of a recent package worth in excess of $400K. This sale reaffirms DPS Offshore’s commitment to increase its global rental pool of equipment, placing orders locally

about 14 years ago