Business & Finance
UK: Quest for Offshore Energy Industry’s Best Begins
The search is launched today for the brightest and best talent and achievements in the Energy industry over the last year. The prestigious Offshore Achievement Awards, recently re-launched by the Society of Petroleum Engineers (SPE) Aberdeen section with the support of main sponsor Taqa Bratani, are
Welltec Completes Clean-Out Job for Operator on Norwegian Continental Shelf
Continuing on the path of success, Welltec has recently completed another excellent clean-out job for a major operator on the Norwegian Continental Shelf. A well was experiencing problems with fill all the way up to surface of a popular resin often used instead of cement. Welltec quickly mobilized t
Sweden: MMT Installs EM2040 Multibeam Echo Sounder on IceBeam Vessel
MMT Group announce its new ownership of a Kongsberg EM2040D. The EM2040 dual head system has recently been installed on MMT’s survey and ROV vessel IceBeam. This is the first highly developed multibeam echo sounder to combine all of the advanced features of deepwater echo sounders to the near-bottom
Norway: Sartor Offshore Announces Delivery of Ocean Alden Vessel
Sartor Offshore announces today that Ocean Alden vessel has been delivered from China, and will begin the voyage to Norway in a few days. Ocean Alden (VS 465) represents a multi role FSV designed by V&S (Now WSDNO) and Wison Heavy Industries/Nantong China. The is owned by Sartor Offshore Alpha AS, m
Sartor Offshore Takes Delivery of New Vessel From China
Sartor Offshore AS, Norway based company annaunced that it has take delivery of new addition in its fleet. Offshore Vessel Ocean Alden has been delivered from Wison Heavy Industry, and will begin its voyage to Norway in a few days. Ocean Alden (VS 465) represents a multi role FSV designed by V&S (No
Vestas Issues Profit Warning (Denmark)
The commissioning of Vestas’ new generator factory in Travemünde, Germany, is not progressing as planned. In order not to compromise on safety and quality in an already very busy fourth quarter, Vestas has chosen to postpone the handing over of a number of projects, primarily in Europe. The changed
Vestas Issues Profit Warning (Denmark)
The commissioning of Vestas’ new generator factory in Travemünde, Germany, is not progressing as planned. In order not to compromise on safety and quality in an already very busy fourth quarter, Vestas has chosen to postpone the handing over of a number of projects, primarily in Europe. The changed
Italy: Saipem Reports Record Results in First Nine Months 2011
The Board of Directors of Saipem S.p.A. approved Saipem Group’s Interim Report as at September 30, 2011. Investments in the third quarter of 2011 amounted to Euro 257 million (Euro 371 million in the third quarter of 2010) and included: – Euro 76 million in the Offshore Engineering & Construction se
Fairstar to Transport Drilling Rig RESPECT from Nigeria to Texas
Fairstar Heavy Transport N.V. (FAIR) has been awarded a contract by Oando Energy Services, the leading indigenous, energy and energy services company in Nigeria to transport the drilling rig RESPECT from Lagos, Nigeria to Galveston, Texas. The contract value is USD 3.05 million. Chris Muilwijk, Sale
UK: BG Group Chairman to Leave Post in May 2012
Sir Robert Wilson has today announced his intention to stand down as Chairman of BG Group at the conclusion of the Company’s Annual General Meeting in May 2012. He will be succeeded by Andrew Gould, currently Chairman of Schlumberger Limited. Mr Gould joined Schlumberger, the world’s largest oil an
Norway: STX Gets Contract for Four Platform Supply Vessels
STX OSV Holdings Limited, one of the major global designers and shipbuilders of offshore and specialized vessels, announced that it has secured new contracts for the construction of four Platform Supply Vessels (PSV) for Island Offshore. The combined value of all four contracts exceeds NOK 1 billion
Norway: STX OSV to Build 4 PSVs for Island Offshore
STX OSV Holdings Limited (“STX OSV”), one of the major global designers and shipbuilders of offshore and specialized vessels, announced that it has secured new contracts for the construction of four Platform Supply Vessels (PSV) for Island Offshore. The combined value of all four contracts exceeds N
UK: MSSL and WFS Launch Wireless Tension Monitoring System
WFS Subsea, leading supplier of through-water (and through-ground) wireless technology for communication, navigation and power transfer and Monitor Systems Scotland Ltd today begin promoting the r-tTs (Real-Time Tension Sensor) for wireless load monitoring in the Offshore, Marine and Energy industri
France: Nexans Releases Third Quarter Financial Results
Nexans announced 2011 third quarter sales of 1,711 million euros (at current non-ferrous metal prices), or 1,127 million euros at constant non-ferrous metal prices, which corresponds to organic growth of 3.9%. For the first nine months of the year, the organic growth in sales was 6.8% compared with