Business & Finance
UK: Development Well Spudded at Clipper South
Fairfield Energy Limited announces that the first development well for the Clipper South gas field was spudded on 8th February. The well (48/19a-C1) is targeting a tight Permian age Rotliegend reservoir at a depth of some 8000 feet and is the first of up to five extended horizontal wells with multip
Norway: Subsea 7 Bags Contract for Svalin C Field Development
Subsea 7 S.A. announced the award of a SURF contract valued at approximately $80 million from Statoil on Svalin C Field, situated in the central part of the North Sea, six kilometres southwest of the Grane Field. The contract scope includes the transport and installation of a 4 slot Integrated Templ
Norway: Subsea 7 Goes SURFing on Statoil’s Svalin C Field
Subsea 7 S.A. has clinched a SURF (subsea, umbilical, riser and flowline) contract valued at approximately $80 million from Statoil on Svalin C Field, situated in the central part of the North Sea, six kilometres southwest of the Grane Field. The contract scope includes the transport and installatio
The Netherlands: VOSTA LMG Celebrates 10 Year Anniversary
VOSTA LMG BV is already 10 years operative. VOSTA LMG dredging technology is a merger between LMG Marine Technology Department and VOSTA BV. Although this was a new name in 2002, the company embodies 140 years of experience and expertise. Now, ten years later, VOSTA LMG has proven to be a serious pa
UK: Coastline Surveys Completes Pre-Dredge Vibrocore Survey in Portsmouth Harbour
Coastline Surveys Ltd has completed a major contract for a geotechnical survey and laboratory analysis in support of the MoD’s capital dredge campaign in Portsmouth Harbour. The programme is to support the extensive upgrade and deepening of the channel. The pre-dredge geotechnical survey involved th
Norway: Bergen Group CEO Pleased with Offshore Division
Bergen Group today reported that during the fourth quarter of 2011 the company had a turnover of NOK 932 million and a profit of NOK 47 million before depreciation and write-downs. The group had a total turnover of NOK 3 735 million for the entire 2011, which constitutes a growth of nearly 12 per ce
UK’s Ellis Supplies Cleats for Dalian Developer Drillship
Yorkshire-based cable cleat manufacturer, Ellis has recently entered into Chinese market by securing a significant order from COSCO Engineering. The company’s Emperor cleats have been specified by COSCO Engineering for installation on the Vantage Drilling Company’s new drillship, the Dalian Develope
Italy: Eni Reports Fourth Quarter and Full Year 2011 Results
Eni, the international oil and gas company, announces the Group preliminary results for the fourth quarter and the full year 2011 (unaudited). Financial Highlights * Adjusted operating profit: €17.97 billion for the full year (up 4%); €4.26 billion for the quarter (down 10%) * Adjusted net profit: €
ABB to Supply Submarine Cables for Little Belt Strait in Denmark
ABB, the leading power and automation technology group, has won an order worth around $30 million from Energinet.dk, the Danish transmission system operator, to supply a high-voltage submarine and underground power cable system for the Little Belt strait in Denmark. This is a shipping lane that conn
Croatia: Uljanik Shipyard Delivers New-build Bulk Carrier ‘Stoja’
Uljanik Shipyard delivered today its 489 newbuild construction, a bulk carrier Stoja, to United Shipping Services II. The 52,000 ton vessel is the second one from a series of four contracted bulk carriers. She is 189.90 meters long and 32.24 meters wide, powered by the 8600 kW Uljanik MAN engine tha
UK: Coastline Surveys to Provide Bathymetric Surveys for South West Region
Coastline Surveys announce that they have been selected to support the National network of strategic regional coastal monitoring programmes-framework agreement, South West Region. The award consists of a Five year programme to provide single beam & bathymetric surveys to the South West Region in rel
Singapore: Ezion Announces Charter Contract for Service Rig and Liftboat Divestment
The Board of Directors of Ezion Holdings Limited announces that it has secured a charter contract with a value of up to USD 80.3 million over a 4 year period to provide a second North Sea Class service rig to be used by a European oil major to support its oil & gas activities in […]
The Netherlands: T.O.S. Expands its Services in Oil & Gas Industry
2012 starts for T.O.S. (Transport & Offshore Services) with an expansion of its services in the Oil & Gas industry. Early this year Michael Koops was appointed as Business Development Manager Oil & Gas to strengthen the positions of T.O.S. in this industry. Koops: “T.O.S. is a strong player in suppl
Germany: Ronald D Widdows to Become New CEO of Rickmers
After ten very successful years with the Rickmers Group and especially, with Rickmers-Linie, Jan B Steffens will by 31 March 2012 step down from the twin positions of CEO of Rickmers Holding and of Rickmers-Linie although he will continue to serve on the Rickmers Group advisory board. Ronald D Widdo