Business & Finance
Norway: Statoil Inks Environmental Monitoring Development Agreement with Kongsberg
Statoil has awarded Kongsberg Oil & Gas Technologies a contract worth NOK 150 million over three years to develop the world’s first integrated environmental monitoring system (EM) for oil and gas activities. Statoil currently employs several environmental monitoring methods at its installations, mai
Norway: Statoil Invests in World’s First Integrated EM System
Statoil has awarded Kongsberg Oil & Gas Technologies a contract worth NOK 150 million over three years to develop the world’s first integrated environmental monitoring system (EM) for oil and gas activities. Statoil currently employs several environmental monitoring methods at its installations, mai
Greece: Safe Bulkers Announces Acquisition of New Panamax Drybulk Vessel
Safe Bulkers, Inc. announced today that it has entered into a shipbuilding contract for the construction of one Japanese-built, drybulk Panamax-class vessel at an attractive price, with an expected delivery date in the first half of 2014. Including this acquisition, the Company has contracted to acq
Norway: Farstad Sells Lady Christine PSV
Farstad Shipping ASA has, through its wholly owned subsidiary P/R International Offshore Services ANS, reached an agreement to sell the PSV vessel ‘Lady Christine’ (1985, ME 202, 2,368 DWT). Delivery of the vessel to the new owner is expected to take place within the end of December 2011. Sale of th
3sun Group Opens New Base in Westhill (UK)
3sun Group, a specialist provider of products and services to the energy industry has announced the opening of a new base in Westhill, near Aberdeen, on the back of a number of key contract wins in the North Sea. The company has recently secured contract wins totalling approximately £7million to car
Russia: Temporary Shutdown of Nord Stream Pipeline
From 13 December, 6 am CET to 15 December, 6 pm CET, the gas flow through the Nord Stream Pipeline will be temporarily suspended due to planned maintenance works at Gazprom’s connecting pipeline. During the shutdown time, Nord Stream will also carry out maintenance activities at the installations on
Norway: Farstad Shipping Sells PSV ‘Lady Christine’
Farstad Shipping ASA has, through its wholly owned subsidiary P/R International Offshore Services ANS, reached an agreement to sell the PSV vessel ‘Lady Christine’ (1985, ME 202, 2,368 DWT). Delivery of the vessel to the new owner is expected to take place within the end of December 2011. Sale of th
Sea Fibre Networks Launches CeltixConnect Subsea Network Between Ireland and UK
Yesterday marked a major watershed for international connectivity between Ireland and the UK as Sea Fibre Networks (SFN), owner and operator of Europe’s most advanced sub-sea telecoms network CeltixConnect launched the first major European sub-sea cable for eleven years. The 450 foot Cable Innovator
Nord Stream Pipeline Temporarily Shut Down for Maintenance Works
From 13 December, 6 am CET to 15 December, 6 pm CET, the gas flow through the Nord Stream Pipeline will be temporarily suspended due to planned maintenance works at Gazprom’s connecting pipeline. During the shutdown time, Nord Stream will also carry out maintenance activities at the installations on
Hull Receives Planning Applications for Green Port (UK)
A series of planning applications for a new £200m wind turbine factory in Hull have been submitted. (bbc) [mappress] Source: bbc, December 13, 2011; Image: siemens
IHC Merwede to Build Innovative New IHC Beaver® 4040 for Zhejiang Dredging
IHC Merwede has been awarded a contract to deliver the environmentally friendly deep-water dredger, IHC Beaver® 4040, for Zhejiang Dredging (China). This innovative cutter suction dredger will be optimised to work on lake and reservoir dredging projects – and is unique in its class. Boundary breakin
UK: Reservoir Group Welcomes Well Intervention Specialists to its Club
Reservoir Group has strengthened its portfolio of completion and production services with the announcement that two well intervention specialists have joined the ‘club’. The Tool Company, located in Assen, The Netherlands and the Aberdeen-based firm, Wellbore Intervention bring their expertise in co
Norway: Kongsberg to Provide Marine Automation Systems for Two Drilling Rigs
KONGSBERG has been awarded a significant offshore automation contract with Daewoo Shipbuilding & Marine Engineering (DSME). The contract covers deliveries to two semi-submersible drilling rigs (Cat-D), with an option for KONGSBERG to deliver products and services for two more semi-submersible drilli
Norway: Kongsberg to Equip Two Cutting Edge CAT-D Rigs
KONGSBERG has been awarded a significant offshore automation contract with Daewoo Shipbuilding & Marine Engineering (DSME). The contract covers deliveries to two semi-submersible drilling rigs (Cat-D), with an option for KONGSBERG to deliver products and services for two more semi-submersible drilli