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Business & Finance

Safmarine’s Six New Multi-Purpose Vessels Enter West-African Market
Business & Finance

Safmarine’s Six New Multi-Purpose Vessels Enter West-African Market

Safmarine, regional shipping specialist, says that its investment in six new multi-purpose vessels (MPVs) is a clear indication of the company’s long term commitment to the breakbulk and project cargo market. The company’s six new, modern, 18 000 dwt vessels have a lift capacity of 150 tons, more th

about 15 years ago
Russia: Statoil, Gazprom Executives Discuss Shtokman Development
Business & Finance

Russia: Statoil, Gazprom Executives Discuss Shtokman Development

A working was held yesterday in Saint Petersburg meeting between Alexey Miller, Chairman of the Gazprom Management Committee (right) and Helge Lund, President and Chief Executive Officer of Statoil(Left). The parties tackled the main issues of colaboration in the gas sector and exchanged views on th

about 15 years ago
Dong Plugs Dry Hole in Barents Sea, Offshore Norway
Business & Finance

Dong Plugs Dry Hole in Barents Sea, Offshore Norway

Dong E&P Norge AS, operator of production licence 518, is about to complete the drilling of wildcat well 7121/9-1. The well is dry. The well was drilled about 100 kilometres northwest of Hammerfest and about 20 kilometres west of the Goliat field in the southwestern part of the Barents Sea. The obje

about 15 years ago
UK: FES to Supply DBSCs for Maersk Gryphon FPSO
Business & Finance

UK: FES to Supply DBSCs for Maersk Gryphon FPSO

FES International has secured a $4.7M order to supply, Maersk Oil UK with 22 bespoke diverless bend stiffener connectors (DBSC) for its Gryphon FPSO vessel in the North Sea. The FES DBSCs are designed to enable quick, efficient and cost effective installation of Riser and Umbilical Bend Stiffeners i

about 15 years ago
FES International Secures Supply Deal with Maersk Oil UK for Gryphon FPSO
Business & Finance

FES International Secures Supply Deal with Maersk Oil UK for Gryphon FPSO

FES International has secured a $4.7M deal to supply, Maersk Oil UK with 22 bespoke diverless bend stiffener connectors (DBSC) for its Gryphon floating production storage and offloading (FPSO) vessel in the North Sea. The FES DBSCs are designed to enable quick, efficient and cost effective installat

about 15 years ago

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Maersk Line’s Asia – North Europe Service Provides Absolute Reliability
Business & Finance

Maersk Line’s Asia – North Europe Service Provides Absolute Reliability

Absolute reliability in shipping is a reality with Daily Maersk. Maersk Line’s revolutionary new service on the Asia – North Europe trade lane, has shown that it can be done. The first Daily Maersk cargo was on time in all three European ports being serviced, Felixstowe, Rotterdam and Bremerhaven. “

about 15 years ago
Subsea Power Grid Between Scotland and Ireland Could Drive Development in Renewables Sector
Business & Finance

Subsea Power Grid Between Scotland and Ireland Could Drive Development in Renewables Sector

A research financed by the EU’s INTERREG IVA Programme has identified that subsea power grid between Scottish and Irish offshore renewable sites is feasible and could drive development in the sector. ISLES says that interconnected transmission network would generate revenues, and create jobs. The st

about 15 years ago
ProEight Offshore Engineering to Set Up German Base
Business & Finance

ProEight Offshore Engineering to Set Up German Base

ProEight Offshore Engineering Sdn Bhd plans to establish German subsidiary for the purpose of exporting its mechanical seals to the Middle East market. The managing director of the company ,Ir Azhar Zainal Abidin, explained that the actual parts will be manufactured in Malaysia but testings and fini

about 15 years ago
France Opens its First National SAR Training Center
Business & Finance

France Opens its First National SAR Training Center

The new French National SAR Training Center equipped with Transas simulators opened its doors in St-Nazaire harbour, West of France, not far from Nantes. The official opening took place late June, welcoming about 200 guests including representatives of National SAR HQ, Navy, French Affaires Maritime

about 15 years ago
UK: Global Marine Group Establishes New Energy Division
Business & Finance

UK: Global Marine Group Establishes New Energy Division

The Global Marine Group, comprised of the largest independent providers of submarine cable installation, maintenance and related engineering services worldwide reported today that it has legally incorporated its Energy business unit into a new company named Global Marine Systems Energy Ltd. The new

about 15 years ago

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Greece: Euroseas Announces Charter Extension for MV Despina P
Business & Finance

Greece: Euroseas Announces Charter Extension for MV Despina P

Euroseas Ltd., an owner and operator of drybulk carriers and container vessels and provider of seaborne transportation for dry bulk and containerized cargoes, announced today that a subsidiary of the Company has extended for approximately one year (until March 1, 2013) its time charter agreement, fo

about 15 years ago
USA: Busy December Ahead of Pacific Drilling’s Drillships
Business & Finance

USA: Busy December Ahead of Pacific Drilling’s Drillships

Pacific Drilling S.A. today provided an update on the status of its ultra-deepwater drillships. The Pacific Bora commenced its three year contract with a wholly owned Chevron subsidiary on August 26, 2011, and continues to operate in the Agbami Field in Nigeria. The rig has reached performance level

about 15 years ago
EMGS’ UK Executive Briefing Successful
Business & Finance

EMGS’ UK Executive Briefing Successful

About 40 energy-company representatives participated in an EMGS executive briefing in London on the 16 November 2011. The forum facilitated open and constructive dialogue, said EMGS in its press release. Candid reports on the application of 3D EM methods by Shell and Emergy Exploration were a partic

about 15 years ago
Prime Minister Visits Damen Shipyards’ Head Office in Gorinchem, The Netherlands
Business & Finance

Prime Minister Visits Damen Shipyards’ Head Office in Gorinchem, The Netherlands

On Tuesday, November 22nd, Prime Minister Mark Rutte visited Damen Shipyards’ Head Office in Gorinchem. The visit was motivated by Mr Rutte’s wish to stay continuously informed of current and future developments in the Dutch industry, especially the shipbuilding industry and the Dutch maritime clust

about 15 years ago