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Business & Finance

Scotland: Ferguson Group’s New Headquarters Officially Opened
Business & Finance

Scotland: Ferguson Group’s New Headquarters Officially Opened

Scotland’s First Minister Alex Salmond yesterday (October 25) officially opened the global headquarters of The Ferguson Group, specialists in the rental of containers, accommodation modules and engineering modules to the offshore energy industry around the world. The Ferguson Group has operated out

about 15 years ago
UK: Kongsberg to Carry Out Underwater Noise Assessments for Oyster Device
Business & Finance

UK: Kongsberg to Carry Out Underwater Noise Assessments for Oyster Device

Kongsberg Maritime Ltd, the UK subsidiary of global marine technology company Kongsberg Maritime, has been awarded a contract with leading wave energy technology provider Aquamarine Power to carry out underwater noise assessments relating to its Oyster wave energy device. The Oyster device has been

about 15 years ago
Lundin to Drill Exploration Well in PL 501, Offshore Norway
Business & Finance

Lundin to Drill Exploration Well in PL 501, Offshore Norway

Lundin Norway AS (Lundin) has received consent to carry out exploration drilling in the North Sea with the Bredford Dolphin mobile facility. The consent relates to drilling of exploration well 16/5-2 which is part of production licence 501 with Lundin as the operator (40%). The other licensees are S

about 15 years ago
Spain: Caterpillar Provides Propulsion Engines for Ostensjo Rederi OSV
Business & Finance

Spain: Caterpillar Provides Propulsion Engines for Ostensjo Rederi OSV

Caterpillar Marine Power Systems was recently selected to provide 2x 6 M 25 C and 2x 9 M 25 C propulsion engines for an Ostensjo Rederi AS offshore supply newbuild. Each 6 M 25 C engine will provide 2000 kW @ 750 rpm. The 9 M 25 C will each provide 3000 kW @ 750 […]

about 15 years ago
UK: Forewind Pens 2GW Grid Connection Contract for Dogger Bank
Business & Finance

UK: Forewind Pens 2GW Grid Connection Contract for Dogger Bank

Forewind, development partner for the Dogger Bank offshore wind farm zone, potentially the world’s largest wind energy project, has signed an agreement with National Grid for two 1GW grid connections potentially located in Teesside. Subject to the results of technical studies, yet to be completed, i

about 15 years ago

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Caterpillar to Equip Ostensjo Rederi OSV with Propulsion Engines (Spain)
Business & Finance

Caterpillar to Equip Ostensjo Rederi OSV with Propulsion Engines (Spain)

Caterpillar Marine Power Systems was recently selected to provide 2x 6 M 25 C and 2x 9 M 25 C propulsion engines for an Ostensjo Rederi AS offshore supply newbuild. Each 6 M 25 C engine will provide 2000 kW @ 750 rpm. The 9 M 25 C will each provide 3000 kW @ 750 […]

about 15 years ago
BP Exercises Option for Safe Scandinavia at Valhall, Norway
Business & Finance

BP Exercises Option for Safe Scandinavia at Valhall, Norway

BP Norge AS has exercised an amended 45-day option for the continued use of the Safe Scandinavia at the Valhall offshore facility in the Norwegian sector of the North Sea. The value of the exercised option is around USD 10.9 million. In addition, Prosafe has granted two additional 2 week options com

about 15 years ago
Russia: FSUE Rosmorport Signs MoU with Cargotec
Business & Finance

Russia: FSUE Rosmorport Signs MoU with Cargotec

On 25th of October a signing of Memorandum of Understanding between FSUE “Rosmorport” and Cargotec JSC took place. The Memo was signed in presence of co-chairmen of intergovernmental economic cooperation committee – Sergey Ivanov, deputy Chairman of the Government of the Russian Federation and Alexa

about 15 years ago
Germany: LEHNKERING Holds Naming Ceremony for New Gas Tankers
Business & Finance

Germany: LEHNKERING Holds Naming Ceremony for New Gas Tankers

LEHNKERING has held a naming ceremony for two newly constructed gas tankers. In addition to LRG GAS 88, which has been operating since August 2011, the sister vessel LRG GAS 89, which has exactly the same design, will now complement the gas tanker fleet operated by the LEHNKERING Reederei. Dr. Angel

about 15 years ago
UK: EIB Funds Walney 1 Offshore Wind Transmission Link
Business & Finance

UK: EIB Funds Walney 1 Offshore Wind Transmission Link

£52m of funding for the transmission link to the Walney 1 offshore wind farm will be provided by the European Investment Bank, the European Union’s long-term lending institution. Blue Transmission Walney 1 Limited has been granted a licence to own and operate the offshore transmission link by Ofgem

about 15 years ago

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Germany: Osiris Projects Wins Contract for Cable Route Surveys for TenneT Offshore
Business & Finance

Germany: Osiris Projects Wins Contract for Cable Route Surveys for TenneT Offshore

TenneT Offshore, the fellow subsidiary of the electricity transmission system operator TenneT TSO, awarded Osiris Projects a contract to sup… Source: Osiris Projects, October 25 , 2011;

about 15 years ago
UK: IMCA Reveals Worldwide Diving Personnel Statistics
Business & Finance

UK: IMCA Reveals Worldwide Diving Personnel Statistics

Figures published by the International Marine Contractors Association (IMCA) reveal that globally there was a reduction in offshore diving… SubseaUK [mappress] Source: SubseaUK, October 25 , 2011;

about 15 years ago
Denmark: Maersk Line Wins CSR Strategy Award
Business & Finance

Denmark: Maersk Line Wins CSR Strategy Award

Maersk Line wins award for ‘best integration of sustainability in company strategy’. At the 2011 Corporate Social Responsibility Awards, hosted by the Danish ‘CSR Foundation’, Maersk Line bagged the prestigious CSR Strategy Award 2011. The prize is sponsored by KPMG and recognizes Maersk Line for in

about 15 years ago
UK: BASF Appoints Subsea Experts Jee for Staff Training
Business & Finance

UK: BASF Appoints Subsea Experts Jee for Staff Training

Leading chemical company BASF recently appointed subsea experts Jee for staff training. A fast-track, workshop style course was commissioned in order to get new BASF starters up to speed in the oil and gas industry. Jee is well-known for their high-quality courses which teach engineers the technical

about 15 years ago