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Business & Finance

UK: IHC EB Wins Innovation & Technology Award for J-Lay Tower
Business & Finance

UK: IHC EB Wins Innovation & Technology Award for J-Lay Tower

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

about 15 years ago
UK: IHC EB Wins Innovation & Technology Award for J-Lay Tower
Business & Finance

UK: IHC EB Wins Innovation & Technology Award for J-Lay Tower

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

about 15 years ago
Spain: Fairmount Marine Delivers Topside for Castor Project
Business & Finance

Spain: Fairmount Marine Delivers Topside for Castor Project

Fairmount Marine’s powerful tug Fairmount Expedition has safely delivered a 18,000 ton topside for process, utilities and living quarters for the Castor project offshore Spain. The topside was loaded onto Heerema’s H-541 barge and towed from Corpus Christi towards Spain. The Castor project is a 1,3

about 15 years ago
Russia: Phoenix Ltd. Starts Pile Foundation Construction
Business & Finance

Russia: Phoenix Ltd. Starts Pile Foundation Construction

Phoenix Ltd., the company investing in the Bronka project started construction of pile foundation of Berth Number 5 as it was scheduled. The following expansion phase of the transshipment hub based near Big Port St. Petersburg commenced on December 7. The company plans to complete the construction o

about 15 years ago
Fairmount’s Tug Safely Deliveres Castor Topside in Spain
Business & Finance

Fairmount’s Tug Safely Deliveres Castor Topside in Spain

Fairmount Marine’s powerful tug Fairmount Expedition has safely delivered a 18,000 ton topside for process, utilities and living quarters for the Castor project offshore Spain. The topside was loaded onto Heerema’s H-541 barge and towed from Corpus Christi towards Spain. The Castor project is a 1,3

about 15 years ago

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UK: Ithaca Energy Reports Progress on BW Athena FPSO
Business & Finance

UK: Ithaca Energy Reports Progress on BW Athena FPSO

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

about 15 years ago
Sweden: Fortum and Seabased Sign Agreement for Construction of Wave Power Park
Business & Finance

Sweden: Fortum and Seabased Sign Agreement for Construction of Wave Power Park

Fortum and Seabased AB have signed an agreement on the construction of a joint wave power park in Sotenäs, Sweden. After completion, the wave power park will be the world’s largest, full-scale demonstration project of its kind. The total budget for the project is about 25 million euros, of which For

about 15 years ago
Norway: Knutsen NYK Offshore Tankers Enters Charter Agreement for New Shuttle Tanker
Business & Finance

Norway: Knutsen NYK Offshore Tankers Enters Charter Agreement for New Shuttle Tanker

Knutsen NYK Offshore Tankers AS, of which NYK has a 50 percent share, has entered into a time-charter contract with Standard Marine Tønsberg AS, owned by ExxonMobil Exploration and Production Norway AS, for 10 years plus an option for a new built dynamic positioning 112,000 DWT offshore shuttle tank

about 15 years ago
Finland: Arctech Helsinki Shipyard Inks Contract to Build Multipurpose Rescue Vessel
Business & Finance

Finland: Arctech Helsinki Shipyard Inks Contract to Build Multipurpose Rescue Vessel

Arctech Helsinki Shipyard has been awarded a contract to build a multipurpose emergency and rescue vessel for Russian Ministry of Transport. The contract has been awarded together with Shipyard Yantar JSC. The value of the order is about EUR 76 million. The project will start immediately and the ves

about 15 years ago
BBB and ep4 to Intensify their Activities in Offshore Sector (Germany)
Business & Finance

BBB and ep4 to Intensify their Activities in Offshore Sector (Germany)

The joint exhibition stand of BBB Umwelttechnik GmbH and ‘ep4 offshore’ at the EWEA Offshore event 2011 in Amsterdam was very well attended. “We raised BBB’s visibility on the offshore market and strengthened our partnership with Heinrich Duden and ‘ep4 offshore’ “ said Joachim Binotsch . Both compa

about 15 years ago

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Kongsberg Maritime Launches New Dual Fuel Diesel Electric ERS Model (Norway)
Business & Finance

Kongsberg Maritime Launches New Dual Fuel Diesel Electric ERS Model (Norway)

Kongsberg Maritime has released a sophisticated Engine Room Simulator (ERS) model based on a Dual Fuel Diesel Electric (DFDE) Engine Room configuration from a modern liquefied natural gas (LNG) carrier. The new DFDE model will offer the most sophisticated simulator training for LNG engineers availab

about 15 years ago
Norway: Bukser og Berging Wins Contract from Statoil for Two Escort Tugboats
Business & Finance

Norway: Bukser og Berging Wins Contract from Statoil for Two Escort Tugboats

Statoil has awarded Buksér og Berging a contract for two escort tugboats to service the Kårstø processing plant on behalf of operator Gassco. The deal secures Kårstø new tugboat capacity with innovative technology for more environment-friendly operations. The two escort tugboats will assist the ship

about 15 years ago
Norway: Maersk Drilling Receives LoI for Newbuild Jack-up Rig
Business & Finance

Norway: Maersk Drilling Receives LoI for Newbuild Jack-up Rig

Maersk Drilling has received a Letter of Award from Det norske oljeseskap ASA on behalf of the Draupne license for the ultra harsh environment jack-up rig, XL Enhanced 2, presently under construction in Singapore. The rig will be used for development drilling on the Draupne field located in the Norw

about 15 years ago
NOF Energy Celebrates Stars of Industry at its Annual Awards and Dinner in UK
Business & Finance

NOF Energy Celebrates Stars of Industry at its Annual Awards and Dinner in UK

NOF Energy, the UK business development organisation for oil, gas, nuclear and offshore renewables sectors, has celebrated the stars of the industry at its Annual Awards and Dinner. Hosted by TV presenter, Wendy Gibson, the event at the Hardwick Hall Hotel in Sedgefield, County Durham showcased some

about 15 years ago