Business & Finance
China: Sanfu Shipyard Launches New Bulk Carrier for Steamship Co
On October 26, 4#16900DWT BC (Hull No: SF080104), being built for Polish Steamship Co., was successfully launched. This vessel is the 4th one among 8 sister vessels contracted between Polish Steamship Company and SF shipyard. It will be built strictly according to ABS rules. 16,900DWT Bulk Carrier T
UK: RBG Receives New Dive Intervention Crafts
RBG has enhanced its subsea service capability with the launch of two purpose-built dive intervention craft (IC). The launch was announced by RBG’s new Marine & Subsea director, Roddy James, who joined the company in October 2011 from STS having previously served as global account director, oil & ga
Ithaca Energy Hires Ensco 100 Jack-Up Rig for Drilling Offshore UK
Ithaca Energy Inc. announces that it has signed an agreement with Ensco Offshore UK Limited to provide a jack up drilling unit for development drilling on the Stella and Harrier fields to commence in 2012. Further to the recently announced Development Concept selection for the Stella and Harrier Fie
GC Rieber Shipping Completes Contracts for All Vessels in its Portfolio (Norway)
After the end of the third quarter, contracts have been completed for all vessels in GC Rieber Shipping’s portfolio. Order backlog has been increased by half a billion, compared with the previous quarterly reporting. – This gives us an excellent starting point for the future in a turbulent period, s
Aker Solutions Reports 3Q Revenues of USD 1.5 Bln. Records Loss in Brazil
Aker Solutions’ operating revenues in the third quarter of 2011 were NOK 8.56 billion (Approximately 1.5 billion). Earnings before interest, tax, depreciation and amortisation amounted to NOK 322 million. Order intake in the quarter was NOK 8 billion. “Our subsea challenges in Brazil are well known.
Norway: TGS Reports Increase in Third Quarter Revenues
TGS reports net revenues of USD 160 million in Q3 2011, compared to USD 130 million in Q3 2010, a 23% increase. Investments were USD 111 million, up 77%. These investments were a record for the Company in a single quarter and resulted in a record high number of vessels utilized in a quarter. [&helli
UK: RBG Enhances its Subsea Capability with Two New ICs
RBG has enhanced its subsea service capability with the launch of two purpose-built dive intervention craft (IC). The launch was announced by RBG’s new Marine & Subsea director, Roddy James, who joined the company in October 2011 from STS having previously served as global account director, oil & ga
Oil & Gas UK Welcomes Over 1,100 Delegates to PILOT Share Fair
Oil & Gas UK’s chief executive, Malcolm Webb, welcomed over 1,100 delegates from all over the UK to the 2011 PILOT Share Fair in Aberdeen. Companies making major investments in the UK’s oil and gas resource will present details of upcoming work to a host of small and medium-sized supply chain contra
Ukraine: Zaliv Delivers Seismic Vessel ‘Polarcus Adira’
The next successfully delivered project confirms the status of the Kerch Shipyard Zaliv as the active participant of the world market of offshore shipbuilding. The vessel “Polarcus Adira” (building number 01293) purposed for seismic shelf research became the seventh built by Zaliv within the coopera
Ukraine: Zaliv Delivers Polarcus Adira Seismic Vessel
The successfully delivered project confirms the status of the Kerch Shipyard Zaliv as the active participant of the world market of offshore shipbuilding. The vessel “Polarcus Adira” (building number 01293) purposed for seismic shelf research became the seventh built by Zaliv within the cooperation
Germany: Blohm Voss Starts Construction of First 125-Class Frigate
Attended by numerous guests and representatives from Politics, Navy and Industry, as well as the Blohm + Voss workforce, the laying-down ceremony for the 125-class (F125) frigate took place at building dock 12 at the Hamburg shipyard. The ceremony was organized by the F125 Work Group (ARGE F125), co
Ukraine: Zaliv Shipyard Completes Construction of ‘Polarcus Adira’ Seismic Vessel
The next successfully delivered project confirms the status of the Kerch Shipyard Zaliv as the active participant of the world market of offshore shipbuilding. The vessel “Polarcus Adira” (building number 01293) purposed for seismic shelf research became the seventh built by Zaliv within the coopera
Norwegian 22nd Licensing Round Starts
Mr. Ola Borten Moe, Norwegian Minister of Petroleum and Energy, has invited oil companies to nominate blocks that ought to be included in the 22nd licensing round on the Norwegian continental shelf. The invitations have been sent to all licensees on the shelf and pre-qualified companies. By this inv
UK: RBG Enhances Subsea Service Capability with Dive Intervention Craft
RBG has enhanced its subsea service capability with the launch of two purpose-built dive intervention craft (IC). The launch was announced by RBG’s new Marine & Subsea director, Roddy James, who joined the company in October 2011 from STS having previously served as global account director, oil & ga