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Business & Finance

Norway: Statoil Gets Green Light for Exploration Drilling with COSL Pioneer
Business & Finance

Norway: Statoil Gets Green Light for Exploration Drilling with COSL Pioneer

Statoil has received consent to carry out exploration drilling in the northern North Sea with the COSL Pioneer mobile facility. The consent relates to the drilling of exploration well 33/12-9S which is part of production licence 152. Statoil (70%) is the operator with Petoro (30%) as the partner. CO

about 15 years ago
French Operator CMN, Hyundai MIPO Ink Contract for Two New RoCon Vessels
Business & Finance

French Operator CMN, Hyundai MIPO Ink Contract for Two New RoCon Vessels

Recently the French operator Compagnie Maritime Nantaise (CMN) signed a contract with Hyundai MIPO, South Korea for two new RoCon vessels with an option for a third unit. Knud E. Hansen A/S has worked closely with CMN over the past year to develop the design. A number of design options were studied

about 15 years ago
Underwater Centre Records Increase in Requests for Diving Courses (UK)
Business & Finance

Underwater Centre Records Increase in Requests for Diving Courses (UK)

Following an increase in offshore projects, The Underwater Centre has seen an increase in requests from the oil and gas and renewables sectors to understand more about the diving and ROV professions. The Underwater Centre in Fort William has delivered training to companies who will now be hiring div

about 15 years ago
Dolphin Drilling Wins New Contract in UK Sector
Business & Finance

Dolphin Drilling Wins New Contract in UK Sector

Dolphin Drilling Ltd., a subsidiary of Fred. Olsen Energy ASA, has entered into a Letter of Award for the provision of the semi-submersible Borgsten Dolphin with an undisclosed client for a three well drilling program in the UK sector. The contract is expected to commence mid March 2012. Estimated c

about 15 years ago
UK: ITF Members Offer Funds to Drilling and Subsea Technology Developers
Business & Finance

UK: ITF Members Offer Funds to Drilling and Subsea Technology Developers

ITF is calling on technology developers to come forward with innovative solutions to drilling, well intervention and subsea challenges, with the potential for successful proposals to receive up to 100% funding. Submission deadlines are fast approaching for three global calls for proposals, following

about 15 years ago

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UK: ITF Members Offer Funds to Drilling and Subsea Technology Developers
Business & Finance

UK: ITF Members Offer Funds to Drilling and Subsea Technology Developers

ITF is calling on technology developers to come forward with innovative solutions to drilling, well intervention and subsea challenges, with the potential for successful proposals to receive up to 100% funding. Submission deadlines are fast approaching for three global calls for proposals, following

about 15 years ago
Italy: Rimorchiatori Riuniti Receives Two New Tugs in Its Fleet
Business & Finance

Italy: Rimorchiatori Riuniti Receives Two New Tugs in Its Fleet

Two new tugs of Robert Allan design have join Rimorchiatori Riuniti Fleet. “We are pleased to announce that on the 8th October 2011 there has been the naming ceremony of two new harbour tugs, Robert Allan design (Ramparts 2DD5 ASD type), named “NORVEGIA” and WSPAGNA” said company representative. The

about 15 years ago
Denmark: TORM Sells Two Large Product Tankers to Maersk
Business & Finance

Denmark: TORM Sells Two Large Product Tankers to Maersk

Maersk Tankers has purchased the following two large product tankers from TORM, pool partner in The LR2 Pool. The vessels are sister vessels to Maersk Tankers’ P-types, already trading in the pool. TORM Mette Built 2007 109,350 mts TORM Marianne Built 2008 109,350 mts The purchase is in alignment wi

about 15 years ago
Pipeline of UK Offshore Developments Looks Healthy, Says Wood Mackenzie
Business & Finance

Pipeline of UK Offshore Developments Looks Healthy, Says Wood Mackenzie

Wood Mackenzie says the pipeline of new projects and developments likely to go ahead offshore UK is looking healthy. Fifty fields, containing over two billion barrels of oil equivalent, are making significant progress towards development sanction. However, maintaining this pipeline at current levels

about 15 years ago
Norway: BW Imo Participates in Sloshing Impact Study
Business & Finance

Norway: BW Imo Participates in Sloshing Impact Study

A joint industry project managed by the Norwegian classification society Det Norske Veritas​ (DNV) is presenting valuable findings on the technology of LNG cargo tanks. Since 2008, BW Imo has participated in a study on sloshing impact forces in LNG membrane tanks. A new method of measuring these for

about 15 years ago

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SEK Finalizes Feasibility Study of Submarine Cable Between Romania and Turkey
Business & Finance

SEK Finalizes Feasibility Study of Submarine Cable Between Romania and Turkey

The feasibility study on the Black Sea submarine project that will connect Romania and Turkey in the electricity sector has been finalized, … (business-review) [mappress] Source: Business-Review, October 14 , 2011;

about 15 years ago
Germany: First Hamburg Sud ‘Santa’ Class Container Vessel to Call at Port of Hamburg
Business & Finance

Germany: First Hamburg Sud ‘Santa’ Class Container Vessel to Call at Port of Hamburg

On Sunday, 16 October 2011, the “Santa Catarina” will be the first Hamburg Süd container vessel of the “Santa” class to call at the Port of Hamburg. She is due to berth at the Burchardkai terminal in the evening hours and sail again late Monday evening. She features a slot capacity of 7,100 TEU [&he

about 15 years ago
Norway: ABB to Power Asgard Subsea Oil and Gas Field in Norwegian Sea
Business & Finance

Norway: ABB to Power Asgard Subsea Oil and Gas Field in Norwegian Sea

ABB, the leading power and automation technology group, has won an order worth about $36 million from oil services company Aker Solutions to provide drives and transformers to their subsea power distribution system for the Asgard subsea oil and gas field operated by Norway’s Statoil. The order was b

about 15 years ago
Norway: ABB to Power Asgard Subsea O&G Field in Norwegian Sea
Business & Finance

Norway: ABB to Power Asgard Subsea O&G Field in Norwegian Sea

ABB, the leading power and automation technology group, has won an order worth about $36 million from oil services company Aker Solutions to provide drives and transformers to their subsea power distribution system for the Asgard subsea oil and gas field operated by Norway’s Statoil. The order was b

about 15 years ago