Business & Finance
Scotland Could Earn Billions Selling Renewable Energy
SCOTLAND could earn billions of pounds a year by exporting electricity if Holyrood was handed full powers over the country’s energy sector… By Andrew Whitaker (scotsman) [mappress] Source: scotsman, December 12, 2011
UK: Awilco, Suncor Ink LOI for WilHunter Rig
Awilco Drilling PLC has signed a Letter of Intent (LOI) with Suncor Energy UK Limited for the provision of WilHunter for the drilling of one HPHT exploration well estimated at 90 days. The contract value is estimated to be USD 27 million. The contract is expected to commence in Q3 of 2012. WilHunter
The Netherlands: N-Seatec Delivers New Compact Survey Winch System
N-Seatec just delivered an ultra compact heavy duty survey winch. Both frame and drum are made of Stainless. System in mainly for Side Scan as well as SVP systems. Various options are available like remote control, protection frame, etc. Currently this is the smallest version in the N-Seatec winch r
Terra et Aqua: Forty Years of Progress in Dredging Industry (The Netherlands)
Forty years ago a group of professionals in the dredging industry launched Terra et Aqua. One hundred and twenty-five issues later, it is clear how far-sighted these people were. According to the first editor, Terra’s “aims are to disseminate information useful to the civil servant, politician or fi
Norway: Kleven Maritime Signs PSV Contract from Ugland
Kleven Maritime has signed a contract with offshore ship owning company Ugland Offshore on the delivery of an advanced platform supply vessel. The vessel is to be delivered from Myklebust Yard in June 2012. “This is a very welcome signing, especially for our employees at Myklebust Yard,” says Ståle
Norway: Kleven Maritime Builds PSV for Ugland Offshore
Kleven Maritime has signed a contract with offshore ship owning company Ugland Offshore on the delivery of an advanced platform supply vessel. The vessel is to be delivered from Myklebust Yard in June 2012. “This is a very welcome signing, especially for our employees at Myklebust Yard,” says Ståle
UK: SPE Announces Initiative to ‘Energise’ North-East Teachers About Oil & Gas
Teachers and career advisors were invited to see firsthand the innovations in the energy sector from the businesses behind the leading technologies. The ‘Energising Schools Initiative’ took place on 15 November at this year’s SPE ICoTA European Well Intervention Conference and Exhibition. Organised
German Based BBC Chartering Secures Transportation Contract for ALMA Observatory
Leading German heavy lift operator BBC Chartering from Leer secured the contract to transport radio telescope antennas for the currently largest cosmic project on earth, the ALMA observatory. This international partnership project under development aims at further studying the universe and is locate
Norway: Hapag-Lloyd Chooses BASS’ Fleet Management Systems
BASS Software Ltd, a leading provider of maritime software solutions, has added a top ranking customer to its expanding customer base with the German shipping giant Hapag-Lloyd AG choosing its fleet management systems. Hapag-Lloyd, which operates a fleet of more than 145 container ships, selected th
UK: BP Appoints New Non-Executive Director
The board of BP p.l.c. announced today that Andrew Shilston will join the Board as a non-executive director with effect from 1st January 2012. Andrew Shilston is currently chief financial officer at Rolls-Royce Holdings plc. Carl-Henric Svanberg, chairman of BP, said: “We continue to strengthen the
UK: Ithaca Energy Announces Progress on FPSO BW Athena
Ithaca Energy Inc. announces progress on the BW Athena Floating Production, Storage and Offloading (FPSO) vessel. The FPSO conversion scope, which is the responsibility of BW Offshore, has proved to be more extensive than was envisaged at the start of the project. In spite of the increase in the amo
UK: BP Board Appoints Non-Executive Director
The board of BP p.l.c. announced today that Andrew Shilston will join the Board as a non-executive director with effect from 1st January 2012. Andrew Shilston is currently chief financial officer at Rolls-Royce Holdings plc. Carl-Henric Svanberg, chairman of BP, said: “We continue to strengthen the
Russia: SCF Group Announces Financial Results for 9 Months of 2011
SCF Sovcomflot (SCF Group) reported results for the nine month period ended 30 September 2011. SCF Highlights – Gross revenues USD 1,075.6 million (+ 7.9 pct) – Time charter equivalent (TCE) revenues USD 697.3 million (-3.5 pct) – EBITDA USD 361.0 million (-13.7 pct) – Net profit USD 46.6 million (-
The Netherlands: IHC Wins NOF Energy Innovation & Technology Award
The leading north east England-based engineering company IHC Engineering Business (IHC EB), part of IHC Merwede, has won the NOF Energy Innovation & Technology Award, for its work on the 2,500t J-Lay tower — one of the most versatile pipelay systems in the world, designed and built for Saipem for us