Business & Finance
UK: Officials from Three Countries Put NATO Submarine Rescue System Through its Paces
Costing £130m and weighing 360 tonnes, the NATO Submarine Rescue System is one of the most sophisticated pieces of equipment in the world. For four days, 70 experts from three countries put it through its paces. The NATO Submarine Rescue System (NSRS) is stored and maintained in a giant purpose-buil
Russia: Sovcomflot Takes Delivery of its New Product Tanker
SCF Group (Sovcomflot) saw its fleet expand further, on 18 January 2012, with the delivery and acceptance into operation of a new product tanker SCF Progress – the fifth and final ship delivered for a joint SCF / Glencore International AG project. The project envisages the acquisition and commercial
Norway: NPD Sells Seismic Data to Chevron and Total
The number of companies that have bought the NPD’s seismic data package from Lofoten and Vesterålen has risen to a total of 9. On January 11, the Norwegian Petroleum Directorate announced that seven companies, Statoil, ExxonMobil, Norske Shell, RWE Dea Norge, GDF Suez, Dong Energy and Det norske olj
The Netherlands: Explanatory Notes Port Authority Study of Container Sector
The Port Authority asked McKinsey to make an analysis of the demand for and availability of container throughput capacity in Rotterdam in the coming years. The purpose of the study was to get an independent opinion on the situation as it will develop from 2014 onwards when the new terminals on Maasv
Norway: PSA Looks Into Maintenance Management on Statfjord C
From 7 to 10 November 2011, the Petroleum Safety Authority (PSA) Norway carried out an audit of maintenance management on Statfjord C (SFC). The objective of the audit activity was to verify Statoil’s system for preventive and corrective maintenance on the SFC facility, including the associated onsh
Norway: Delivery of Multipurpose Offshore Vessel Olympic Commander
OLYMPIC COMMANDER of the MT6015 design was delivered to its owners today. Olympic Commander is a Multipurpose Offshore Vessel with diesel electric propulsion, low fuel consumption and high flexibility. The vessel represent a new generation of environmentally friendly and operational state of the art
Norway: Kleven Delivers MPSV to Olympic
A Norwegian shipbuilding company, Kleven Maritime on Tuesday, January 24, successfully delivered Olympic Commander Multipurpose Offshore Vessel owners Olympic Shipping. The MPSV, with diesel electric propulsion, low fuel consumption and high flexibility represents a new generation of environmentally
Italy: Progress on Costa Concordia Salvage Operation
SMIT Salvage together with its partner Fratelli Neri have made good progress yesterday in the further preparations for the oil removal from the Costa Concordia. The Divers have inspected the forward section of the submerged underwatership of the ship and have marked the drilling locations of the hea
Switzerland: Noble to Focus on Reducing Fleet Downtime in 2012
Noble Corporation today reported fourth quarter 2011 earnings of $127 million, or $0.50 per diluted share, compared to $135 million, or $0.53 per diluted share, for the third quarter of 2011. Earnings for the fourth quarter 2010 totaled $99 million, or $0.39 per diluted share. Contract drilling serv
Norway: DOF Secures New PSV Contracts with Shell
DOF Rederi AS, a daughter company of DOF ASA, announced that it has entered into 2 new contracts and one extension of an existing contract with Shell. For the Skandi Foula and the Skandi Rona the firm contract periods are 5 years with 5 x 1 year optional periods. Both these contracts will commence i
Norway: NPD Receives PDO for Hild Field in North Sea
The Norwegian Petroleum Directorate has received the plan for development and operation (PDO) for the oil and gas discovery 30/7-6 Hild in the North Sea. Total is the operator for the development. Total recoverable reserves in the discovery are estimated at 29 million cubic metres of recoverable oil
Norway: Shell Hires 3 Large PSVs from DOF
DOF ASA, has entered into 2 new contracts and one extension of an existing contract with Shell. DOF Rederi AS, a daughter company of DOF ASA, has entered into 2 new contracts and one extension of an existing contract with Shell. For the Skandi Foula and the Skandi Rona the firm contract periods are
UK: TWMA Appoints New Sales Director
Aberdeen-based integrated drilling waste and environmental services company TWMA has announced the appointment of Rob O’Neill as sales director. In this role Mr O’Neill will be responsible for driving the continued global growth of the company, specifically in the target markets of the Americas, Nor
Norway: Lundin Provides NPD with Development Plan for Luno
The Norwegian Petroleum Directorate has received the plan for development and operation (PDO) for the oil and gas discovery 16/1-8 “Luno” in the North Sea. Lundin is the operator for the development. Total recoverable reserves in the discovery have been estimated at 29.1 million cubic metres of oil