Business & Finance
Norway: Statoil’s Grane Field Back in Production
Normal operation was restored on the Statoil-operated Grane field in the North Sea on 18 October, ending a substantial reduction in output since early October. The cut-back was caused by problems with the gear shaft on the platform’s injection compressor following an extensive overhaul of this equip
Holland Shipyards BV Delivers Accommodation Vessel ‘Vivaldi’
After a mere 17 weeks, Holland Shipyards has delivered offshore accommodation vessel “Vivaldi” to her owner Wagenborg Offshore BV. During a short ceremony, held on Holland Shipyards’ premises, an approximate 400 people witnessed the delivery from Holland Shipyards BV, represented by Mr. Cor Hoogendo
France: Nexans Appoints New Corporate Strategy and Business Development Vice President
Nexans, a worldwide leading expert in the cable industry, has appointed Benjamin Fitoussi as its Corporate Strategy and Business Development Vice President. Fitoussi has also joined the Nexans’ Executive Committee from October 10. Benjamin Fitoussi started his career at Gemini Consulting as a consul
Norway: Kongsberg to Supply Flexible Risers and Umbilicals Installation System for CRIS
Kongsberg Oil & Gas Technologies (KOGT), a wholly-owned subsidiary of Kongsberg Gruppen ASA, has signed an agreement to supply a flexible risers and umbilicals installation system for the ‘Capstan Reel Installation System’ (CRIS), to the Offshore Installation Group (OIG). The patented CRIS design si
Damen Schelde Naval Shipbuilding Delivers OPV Zeeland to Royal Netherlands Navy
On Thursday 20 October, the second of four Holland Class Oceangoing Patrol Vessels, “Zeeland” built by Damen Schelde Naval Shipbuilding for the Royal Netherlands Navy, was transferred to the Defence Materiel Organization of the Ministry of Defence of the Netherlands. Immediately after delivery, the
Norway: Kongsberg Pens Contract with Offshore Installation Group
Kongsberg Oil & Gas Technologies (KOGT), a wholly-owned subsidiary of Kongsberg Gruppen ASA, has signed an agreement to supply a flexible risers and umbilicals installation system for the ‘Capstan Reel Installation System’ (CRIS), to the Offshore Installation Group (OIG). The patented CRIS design si
USA: Caterpillar Awarded NJPA Contract
Caterpillar has been awarded a renewed contract by the National Joint Powers Alliance (NJPA) to supply “Construction Equipment together with Related Accessories, Supplies and Services” to NJPA’s more than 30,000 members. NJPA is a municipal agency that creates a business and service relationship all
The Netherlands: Groningen Shipyard Launches MV LADY ANNA for Wijnne Barends
Groningen Shipyard launched successfully the first vessel, mv LADY ANNA, for Delfzijl based Wijnne Barends. The vessel was designed and engineered by Groot Ship Design in close cooperation with shipyard and owner. In the design phase colleague designer Conoship assisted, after the design the complet
Turkey: Besiktas Shipyard Delivers Fourth Armada Tanker
The fourth tanker of Armada type built by Besiktas Shipyard in Yalova, Turkey, named Gobustan, has sailed from the Shipyard on October 23, 2011. The tanker proceeds for loading 6000 metric tons sunflower seed oil from Rostov to one port of Mediterranean sea. Besiktas Shipyard is one of the best esta
Norway: Statoil Awards USD 270 Million Troll A Contract to ABB
Statoil has awarded ABB a contract for the electric drive system for the two new pre-compressors on the Troll A platform in the North Sea. The contract is worth approximately $270 million Statoil and its partners in the Troll licence on the Norwegian continental shelf (NCS) decided in September to i
UK: ROV Market to Grow Through 2015, According to Douglas-Westwood Report
ROV support of underwater operations is expected to grow from $891 million in 2010 to $1,692 million in 2015, according to the latest… SubseaUK [mappress] Source: SubseaUK, October 24 , 2011
Finland: Wartsila to Carry Out Modification Work on Two Multipurpose Icebreakers
Wärtsilä will supply two Finnish icebreakers with catalytic converters designed to significantly reduce emissions of nitrogen oxides, which are harmful to the environment and to human health. The ships will also be converted to enable the use of Ultra Low Sulphur Diesel fuel. Wärtsilä, the marine in
Finland: Wartsila Helps Arctia Offshore to Fulfil EPA’s Emission Requirements
Wärtsilä will supply two Finnish icebreakers with catalytic converters designed to significantly reduce emissions of nitrogen oxides, which are harmful to the environment and to human health. The ships will also be converted to enable the use of Ultra Low Sulphur Diesel fuel. Wärtsilä, the marine in
Russia: BP, AAR Agree on TNK-BP Management Restructuring
TNK-BP shareholders Alfa, Access, Renova (AAR) and BP have agreed a number of decisions regarding senior management roles at TNK-BP. It is expected that these decisions will be formally approved by the Board of Directors and implemented before the close of the current year. The decisions reflect the