Business & Finance
Ireland: Providence Increases Equity in Barryroe
Providence Resources P.l.c., the London (AIM) and Dublin (ESM) listed oil and gas exploration and production company, confirms that it has signed an agreement with San Leon Energy Plc which will see Providence increase its working interest in Standard Exploration Licence 1/11 from 50% to 80%. Under
Ukraine: Chernomorsky Completes Hull for Damen’s Third Multi-purpose Vessel
Chernomorsky Shipbuilding Yard (Nikolaev) finished the building of the third multi-purpose vessel’s hull of CF 3850 project for Dutch company “Damen Shipyards Bergum”. ChSY constructed the hull with maximum possible, according to the contract, outfitting of ship systems and machinery with level of r
Ireland: Providence Increases Interest in Barryroe
Providence Resources P.l.c., has signed an agreement with San Leon Energy Plc which will see Providence increase its working interest in Standard Exploration Licence 1/11 („Licence‟) from 50% to 80%. Under the terms of the agreement, Providence will assume San Leon‟s 30% working interest in the Li
UK: EMU’s Geotechnical Department Expands its Services
EMU’s Geotechnical department has expanded its services and now boasts the latest, class leading, marine soil investigation equipment. This includes three and six metre variable frequency vibrocores, Datem Neptune 5000 heavyweight CPT, gravity and piston corers and a number of various sediment sampl
Norway: DOF Subsea Wins Several New Contracts
DOF Subsea announces award of several new contracts as following: contract with Subsea 7, contract for the Skandi Inspector, LOI with major North Sea operator and Purchase of newbuilding contract. Contract with Subsea 7 for one DOF Installer class vessel DOF Subsea Chartering AS, a subsidiary of DOF
UK: Imtech Marine to Supply Hybrid Propulsion System for CMAL’s Ro-Ro Rerries
Imtech Marine has been awarded a contract to supply the hybrid propulsion system, consisting of diesel electric in combination with battery technology to the world’s first diesel electric, hybrid seagoing ferries. Owned by Scottish company Caledonian Maritime Assets Limited (CMAL), the two vehicle a
Albania: Beach Energy Withdraws from Durresi Offshore Block
San Leon Energy Plc hss been advised by its partner Beach Energy Ltd , that, as part of its ongoing portfolio management, it is withdrawing from the Durresi Block, offshore Albania. Beach Energy Ltd (“Beach”) has announced the withdrawal as part of an international update where it has also announced
UK: Encode Secures New Contracts with EnerMech
Encode Software Solutions, a Microsoft software consultancy with offices in Aberdeen and Glasgow, has secured £180,000 worth of contracts with EnerMech, the international provider of mechanical services solutions to the energy services sector. The firm also achieved a first year turnover of £767,000
Brazil: Farstad, Petrobras Ink Charter Contracts for Two AHTS
Norway based Farstad Shipping has been awarded the following charter contracts for two of its anchor handling tug and supply vessels. AHTS Far Scout (2001, UT 722L, 18.700 BHP) has been contracted by Petrobras in Brazil for a 4 year period. Petrobras has the option to extend the contract with anothe
Well Ops UK Wins Multi-Service Contract from Talisman Energy
Subsea well intervention specialist Helix Well Ops UK (Well Ops), a business unit of international energy services company Helix Energy Solutions Group (Helix ESG), has been awarded a multi-service contract by Talisman Energy (UK) Limited. The contract will see the Aberdeen-based firm carry out a nu
Norway: Farstad Shipping Announces Charter Contract for AHTS Far Scout
Farstad Shipping announces that its AHTS Far Scout has been contracted by Petrobras in Brazil for a 4 year period. Petrobras has the option to extend the contract with another 4 years. The contract includes both anchor handling- and ROV services. A third party has been contracted for delivery of the
UK: Talisman Selects Helix Well Ops for Subsea Works on Its Assets
Subsea well intervention specialist Helix Well Ops UK (Well Ops), has been awarded a multi-service contract by Talisman Energy (UK) Limited. The contract will see the Aberdeen-based firm carry out a number of subsea workscopes that include well maintenance and production enhancement operations, and
UK: Experts Tackle Challenges of ‘Reaching Further and Going Deeper’ at Subsea 2012 Event
Industry experts will tackle the challenges of “reaching further and going deeper” at next year’s subsea flagship event – Subsea 2012, supported by principal sponsor Shell. Subsea UK has announced the theme for its annual conference and exhibition which will attract around 2,000 leading figures from
Hamburg Sud, MSC Restructure Mediterranean-South America East Coast Services
In view of continuous poor trading conditions and replacing its current service set up, effective from mid January 2012 Hamburg Süd and MSC will restructure their services between the Mediterranean and South America East Coast. The two currently separate services will be fused into one common servic