Business & Finance
Norway: Havyard Signs Contract for Delivery of Two PSVs
Havyard Group AS has signed a contract with the Indian shipping company Global Offshore Ltd for delivery of a PSV vessel, including an option for one further vessel. The Indian shipping company, known as Garware Offshore until just recently, has changed its name due to an expansion from only operati
India: Global Offshore Orders Two PSVs from Havyard
Havyard Group AS has signed a contract with the Indian shipping company Global Offshore Ltd for delivery of a PSV vessel, including an option for one further vessel. The Indian shipping company, known as Garware Offshore until just recently, has changed its name due to an expansion from only operati
UK: Trident Energy Signs Collaboration Agreement with RenewNet
Trident Energy, the independent developer of generator solutions for the offshore renewable energy industry, announced that it has signed a collaboration agreement with RenewNet, a world-leading electrical engineering research organisation. Trident Energy has developed a low cost, high reliability l
Greece: Navios Maritime Acquisition Charters Newbuild LR1 Product Tanker
Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced today that the LR1 Product Tanker Nave Andromeda of 75,000 dwt was delivered from a South Korean shipyard and immediately began a 3-year charter-out with two one-year options at a net rate of $11,850 for the
Bowtech Products Appoint Neotek as Exclusive French Agent
Bowtech Products announce the continued expansion of their distribution network with the appointment of Neotek SA, as their exclusive agents in France. This increases the worldwide representation of Bowtech’s expanding product range to 18 countries. In recognition of their appointment, Olivier Riche
UK: Rowan Norway Jack-Up Getting Ready for Bentley Field
Xcite Energy yesterday provided a corporate update and its results for the three months ended 30 September 2011. Xcite has seen continued progress in its technical and operational plans for the First Phase Development (“FPD”) of the Bentley field. The Rowan Norway jack-up rig has arrived in Dundee a
UK: Schlumberger Wins ICoTa Innovation Award
Leading oil and gas body the Intervention & Coiled Tubing Association (ICoTA) has presented its European Chapter Innovation Award to Schlumberger Slickline’s global perforating and remedial services domain champion, Matthew Billingham, in recognition of the company’s application of technical innovat
Norway: Aibel Evaluates Strategic Alternatives for Profitable Growth
The owners of Aibel have during 2011 evaluated strategic alternatives for the company. In the same period, Aibel has continued its strong development with profitable growth in all business areas. Aibel has an all time high order backlog, including recent major contract awards: Frame agreement with C
Norway: Lundin Hires Maersk Rigs for Brynhild Field Development
Maersk Drilling has signed a contract with Lundin Norway AS for an ultra harsh environment jack-up rig to carry out subsea field development of the Brynhild Field in Norway. The contract will be for MAERSK GUARDIAN or MÆRSK GIANT to be declared by 1 January 2013. The firm contract duration is for t
PSA Norway in Snorre Inspection
The Petroleum Safety Authority Norway (PSA) carried out an inspection of project management, including change management in the Snorre unit (the Snorre licence). The inspection was carried out in the form of a meeting with Statoil on 29 April 2011 and a meeting with the licensee group (PSA) on 13 Se
Norway: Maersk Drilling Inks Contract for Jack-Up Rig for Development of Brynhild Field
Maersk Drilling has signed a contract with Lundin Norway AS for an ultra harsh environment jack-up rig to carry out subsea field development of the Brynhild Field in Norway. The contract will be for MAERSK GUARDIAN or MÆRSK GIANT to be declared by 1 January 2013. The firm contract duration is for t
Maersk Drilling Secures Contract for Maersk Guardian Rig in Norwegian Sector
Maersk Drilling announced that it has signed a drilling contract with Lundin Norway AS for the Maersk Guardian jack-up rig for exploration in the Norwegian sector of the North Sea. The contract is for two wells with a total duration of approximately 135 days. Commencement of the contract is expecte
Norway: Maersk Rigs for Brynhild Field Development
Maersk Drilling has signed a contract with Lundin Norway AS for an ultra harsh environment jack-up rig to carry out subsea field development of the Brynhild Field in Norway. The contract will be for MAERSK GUARDIAN or MÆRSK GIANT to be declared by 1 January 2013. The firm contract duration is for t
Italy: Arcadia Yachts Reveals Its Latest Creation Arcadia 115
On November 14th 2011 Arcadia Yachts, a team composed of many professionals, launched its latest creation the Arcadia 115′ yacht. The style for Arcadia 115′ is simple, less showy, determined by punctual functional requirements but, at the same time, impressing for innovative contents. rcadia 115′ –