Business & Finance
Norway: Statoil Boosts Development of Skrugard Field
Statoil and its partners are considering developing the Skrugard discovery in the Barents Sea by means of a floating production unit with the additional capacity to process and transport from other prospects in the area. A feasibility study has identified a technical and commercial solution for the
Norway: Floating Production Unit for Skrugard?
Norway’s Statoil and its partners are considering developing the Skrugard discovery in the Barents Sea by means of a floating production unit with the additional capacity to process and transport from other prospects in the area. A feasibility study has identified a technical and commercial solution
Tamares Telecom Installs Third Undersea Cable Between Israel and Cyprus
Tamares Telecom Ltd. is installing a third undersea cable connecting Israel and Cyprus. An additional undersea cable that will connect Israel with the world, should significantly improve competition and the telecoms market. With the third undersea cable, if the earnings mainly stay with the communic
CKYH Expands Cooperation with Evergreen on Asia-Europe-Mediterranean Trade
CKYH-the Green Alliance hereby announces that, together with Evergreen Line (“Evergreen”), all parties intend to enhance highest frequency of service loops, expedition of delivery terms and full scale of port coverage in their services and agreed to strengthen cooperation among one another in Asia-E
U.A.E: Du Cuts Internet Speed Due to Undersea Cable Snap
Residents and businesses using du’s Internet services can expect slower speeds after two international undersea cables carrying… (khaleejtimes) [mappress] Source: khaleejtimes , December 27, 2011
UK: Macduff Completes Year with Several New Designs
Over the years Macduff Ship Design Ltd has accumulated a wealth of experience in the design of marine craft from small open fish farm work boats up to large self propelled backhoe dredger units, from classically styled motor yachts to the most modern of deep water stern trawlers. In December 2011, M
LITC Activates New Enhanced Submarine Cable System Between Libya and Italy
The Libyan International Telecom Company (LITC) announced the activation of the new enhanced submarine cable system connecting Libya and Italy. System uses the newest technologies to provide large capacities reaching 40Gbps instead of the old system (2.5 Gbps). The activation of this system will hel
Long Pause Blurs Balance of Wind Farm Baltic 1 (Germany)
The four-week break in the fall accident has marred the balance of the first German offshore wind farm in the Baltic Sea “Baltic I”. “Generating electricity from the September 17th to October 15th was very good and was on schedule, “said the spokeswoman of the energy group EnBW, Friederike Eggstein.
Long Pause Blurs Balance of Wind Farm Baltic 1 (Germany)
The four-week break in the fall accident has marred the balance of the first German offshore wind farm in the Baltic Sea “Baltic I”. “Generating electricity from the September 17th to October 15th was very good and was on schedule, “said the spokeswoman of the energy group EnBW, Friederike Eggstein.
UK: HS1000 Tidal Turbine Set Up in Sea Off Orkney
A 100ft underwater turbine destined to form part of a major tidal energy project has been installed in the sea around Orkney. (pressassociation) [mappress] Source: pressassociation , December 26, 2011
Russia: TVIO Enters Into Contract with Sakhalin Energy for AHTS Vidar Viking
Viking Supply Ships AS daughter company Trans Viking Icebreaking & Offshore AS (“TVIO”) has agreed to an addendum to the charter party with the Swedish Maritime Administration (“SMA”) which gives TVIO an option to end the contract for Vidar Viking, one of the Company’s three Icebreakers/AHTS-vessels
Russia: Sakhalin Energy Hires Vidar Viking AHTS
Viking Supply Ships AS daughter company Trans Viking Icebreaking & Offshore AS (“TVIO”) has agreed to an addendum to the charter party with the Swedish Maritime Administration (“SMA”) which gives TVIO an option to end the contract for Vidar Viking, one of the Company’s three Icebreakers/AHTS-vessels
UK: High Pressure, High Temperature for WillHunter Rig
Awilco Drilling PLC on Friday signed the contract with Suncor Energy UK Limited for the provision of WilHunter for the drilling of one HPHT exploration well. The contract value is estimated to be USD 27 million. The contract is expected to commence in Q3 of 2012. WilHunter is one of Awilco Drilling’
Croatia: Brodosplit to Build Another Heavy Lift Vessel for Jumbo Shipping
The company Jumbo Shipping has signed the Shipbuilding Contract for one optional heavy lift vessel with the same characteristics as the one before for which is paid in advance. Jumbo Shipping is one of the world’s leading shipping company for transportation of heavy or large size cargo, and this shi