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Business & Finance

RWE Dea Starts Drilling at PL 435, Offshore Norway
Business & Finance

RWE Dea Starts Drilling at PL 435, Offshore Norway

RWE Dea Norge started the drilling of a second well in production license PL435 in the Norwegian Sea beginning of the year. The target of this well is, to explore more gas reserves in the license. In September 2010, RWE Dea made its first gas discovery in production license PL435. The well encounter

about 15 years ago
Statoil Bags 11 Licenses in Most Extensive Licensing Round on NCS
Business & Finance

Statoil Bags 11 Licenses in Most Extensive Licensing Round on NCS

Today, 17 January, Statoil was awarded ownership interests in eleven production licenses on the Norwegian shelf. Statoil will be the operator in eight of the licenses. In this APA round (Awards in Predefined Areas), Statoil applied for more areas than has been the case in recent years, submitting a

about 15 years ago
Rickmers Christens Newbuild Vessel in Mumbai, India
Business & Finance

Rickmers Christens Newbuild Vessel in Mumbai, India

As part of its upgrading programme for its Europe India service, Rickmers-Linie, has added the 17,000dwt newbuilding Rickmers Tianjin to the schedule. The base ports served are Hamburg, Antwerp, Genoa, Mumbai and Chennai but the service is capable of serving a wide variety of additional ports on ind

about 15 years ago
Scottish Energy Minister Opens Falck Nutec’s Training Facility
Business & Finance

Scottish Energy Minister Opens Falck Nutec’s Training Facility

A global offshore training specialist yesterday officially opened its revamped Montrose operation. Falck TMS, the Training Management Service arm of global health and safety training provider Falck Nutec, were joined by Scottish Energy, Enterprise & Tourism Minister, Fergus Ewing, and a number of in

about 15 years ago
Statoil Secures Interests in Eleven Production Licences on Norwegian Shelf
Business & Finance

Statoil Secures Interests in Eleven Production Licences on Norwegian Shelf

Statoil was awarded ownership interests in eleven production licences on the Norwegian shelf. Statoil will be the operator in eight of the licences. In this APA round (Awards in Predefined Areas), Statoil applied for more areas than has been the case in recent years, submitting a targeted applicatio

about 15 years ago

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Lauritzen Takes Delivery of Second Shuttletanker from Chinese Shipyard
Business & Finance

Lauritzen Takes Delivery of Second Shuttletanker from Chinese Shipyard

On January 15th 2012, Lauritzen Offshore took delivery of Dan Sabia, the second of two identical purpose-built 59,000 dwt double-hull DP2 shuttletankers from Cosco Nantong shipyard in China. The shuttle tanker newbuilding features state-of-the-art design and dynamic positioning technology, which ena

about 15 years ago
Norwegian Gov’t Offers 60 Production Licences in APA 2011
Business & Finance

Norwegian Gov’t Offers 60 Production Licences in APA 2011

The Norwegian Government has decided to offer 60 production licenses in the Awards in Predefined Areas round for 2011 (APA 2011). – Today, I am offering participation interests in production licenses to 42 companies. Twenty-seven of these companies are being offered operatorships. APA 2011 is the mo

about 15 years ago
Germany: IHC Offshore Systems Provides Noise Mitigation System to Protect Sea Life
Business & Finance

Germany: IHC Offshore Systems Provides Noise Mitigation System to Protect Sea Life

IHC Offshore Systems, part of IHC Merwede, announces it has been awarded a rental contract for the Noise Mitigation System NMS-6900. Dutch offshore contractor Seaway Heavy Lifting will operate the NMS-6900 during the installation of 30 monopile foundations for the Riffgat offshore wind farm off the

about 15 years ago
Norway: Statoil, Partners Choose Concepts for Dagny and Eirin Developments
Business & Finance

Norway: Statoil, Partners Choose Concepts for Dagny and Eirin Developments

Norway’s oil and gas exploration and production giant ,Statoil, and its partners have selected a fixed platform for the Dagny oil and gas discovery in the North Sea, while the Eirin gas field is to be developed with a subsea solution. Gas from Dagny will be exported through a tie-back to the infrast

about 15 years ago
Greece: Paragon Shipping Enters Charter Agreement for MV Calm Seas
Business & Finance

Greece: Paragon Shipping Enters Charter Agreement for MV Calm Seas

Paragon Shipping Inc., a global shipping transportation company specializing in drybulk cargoes, announced today that it has entered into a fixed rate time charter agreement for its Vessel, M/V Calm Seas, with Intermare Transport GMBH. The M/V Calm Seas, a 1999 build, 74,047 dwt Panamax bulkcarrier,

about 15 years ago

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Norway: Statoil Selects Concepts for Dagny and Eirin
Business & Finance

Norway: Statoil Selects Concepts for Dagny and Eirin

A fixed platform has been selected by Statoil and its partners for the Dagny oil and gas discovery in the North Sea, while the Eirin gas field is to be developed with a subsea solution. Gas from Dagny will be exported through a tie-back to the infrastructure on Sleipner East, while offshore loading

about 15 years ago
Norway: Westcon Lofteteknikk Takes Delivery of J D Neuhaus’ Largest Crane
Business & Finance

Norway: Westcon Lofteteknikk Takes Delivery of J D Neuhaus’ Largest Crane

The largest crane system constructed to date by J D Neuhaus has been delivered to Westcon Lofteteknikk AS (WCL) of Norway for use on an offshore drilling rig. The semi portal design comprises an A-frame supporting twin overhead horizontal track beams providing a 7.5 metre span. The crane has an appr

about 15 years ago
Denmark: A2SEA Increases Stake in CT Offshore
Business & Finance

Denmark: A2SEA Increases Stake in CT Offshore

In July 2011 A2SEA acquired a 29% share interest in the Danish cable installation company CT Offshore. A2SEA has now decided to increase their shareholding in the company to 67%. The remaining 33% of the shares are still owned by CT Offshore’s founder and CEO, Paw Cortes. The company will stay at it

about 15 years ago
Norway: Total Oil Production in 2011 below NPD’s Estimates
Business & Finance

Norway: Total Oil Production in 2011 below NPD’s Estimates

The Norwegian Petroleum Directorate, a governmental specialist directorate and administrative body today released preliminary production figures for December 2011. The figures show an average daily production of about 1 990 000 barrels of oil, NGL and condensate. This is a decrease of 60 000 barrels

about 15 years ago