Business & Finance
Proserv Group and Galathea Group Join Forces in Offshore and Subsea Markets (UK)
Proserv Group AS and Galathea Group Inc. have combined to form Proserv Group Inc. . The debt of the merged companies was refinanced at the time of the combination. Headquartered in Aberdeen, Scotland, Proserv is a global oilfield products and services company focused on the growing offshore and subs
Norway: Dolphin Geophysical Renews Agreement for Seismic Vessel ‘Polar Explorer’
Seismic operator Dolphin Geophysical renews the charter party regarding the seismic vessel “Polar Explorer” with 12 months, starting from January 2012. The vessel is a 2D/ice vessel from 1998, rebuilt in 2004. “The agreement ensures continued high employment and good balance for our fleet, substanti
Norway: Dolphin Geophysical Renews Charter Party for ‘Polar Explorer’
Seismic operator Dolphin Geophysical renews the charter party regarding the seismic vessel “Polar Explorer” with 12 months, starting from January 2012. The vessel is a 2D/ice vessel from 1998, rebuilt in 2004. “The agreement ensures continued high employment and good balance for our fleet, substanti
Norway: Aker Solutions Provides Pusnes Offshore Loading Systems for Shuttle Tankers
Aker Solutions has been awarded contracts for the supply of Pusnes offshore loading systems for ten shuttle tankers that will operate in Brazil and Norway. The total contract value for Aker Solutions is approximately NOK 150 million. Several major South Korean shipyards have awarded Aker Solutions c
Norway: Dolphin Geophysical Renews Agreement for Seismic Vessel ‘Polar Explorer’
Seismic operator Dolphin Geophysical renews the charter party regarding the seismic vessel “Polar Explorer” with 12 months, starting from January 2012. The vessel is a 2D/ice vessel from 1998, rebuilt in 2004. “The agreement ensures continued high employment and good balance for our fleet, substanti
London Array Sponsors Kent’s Coastal Week This Year (UK)
London Array is sponsoring Kent’s Coastal Week this year, which runs from 22 to 30 October. Kent’s Coastal Week is a celebration of all that the Kent coast has to offer, with free or subsidised events – ranging from creative workshops, beach art and boat trips to shingle sculptures and storytelling
Norway: Maersk Pens Contract with LOTOS for Maersk Guardian
Maersk Drilling has signed a contract with LOTOS Exploration & Production Norway AS, for the ultra harsh environment jack-up rig MAERSK GUARDIAN for work on the 7/8-7 well offshore Norway. It is a one-well contract with an estimated duration of 55 days. Commencement is scheduled for the third quart
Statoil Drills Dry Well, Offshore Norway
Statoil Petroleum AS, operator of production licence 303, is completing drilling of wildcat well 15/8-2. The well, which was dry, was drilled eight kilometres west of the Sleipner Vest field in the North Sea. The objective of the well was to prove petroleum in Middle Jurassic reservoir rocks (Hugin
The Netherlands: APM Terminals’ 5th Global Safety Day Observed
APM Terminals’ Global Port, Terminal and Inland Services Network observed its 5th annual Global Safety Day on October 12th with the participation of 24,000 employees at the company’s facilities around the world. Each facility will organize their safety day activities around local challenges, concern
UK: BP Draws Up Contingency Plan to Tackle Oil Spill Off Shetland Islands
BP has drawn up a contingency plan to tackle an oil spill off the coast Shetland Isalnds, which has the potential to be bigger than its … By Ewan Palmer (ibtimes) [mappress] Source: ibtimes, October 12 , 2011;
Seajacks Managing Director Gives Full Credit to Employees (UK)
Seajacks Managing Director, Blair Ainslie – who has successfully steered the company from a start-up to a £65m business which owns and operates purpose-built self-propelled jack-up vessels out of Great Yarmouth – was named this Year’s (EDP) Director of the year. His vessels are used to install and m
Greece: NewLead Receives USD 2 Million Arbitration Award Against TMT Bulk Corp
NewLead Holdings Ltd., an international shipping company owning and operating tankers and dry bulk vessels, today announced that it has recently received a second favorable arbitration award against TMT Bulk Corp. for $1,969,821.75 inclusive of interest and costs. This is the second favorable arbitr
Crown Estate Grants Site Lease to Marine Current Turbines for its Tidal Energy Project (UK)
Plans by Marine Current Turbines and its project partner RWE npower renewables to install and operate Wales’s first-ever tidal energy farm have moved a step closer with the granting of an Agreement for Lease by The Crown Estate for the Skerries Tidal Stream Array, which is proposed for the waters of
The Netherlands: TrustLube Gives ‘Sneak Peek’ of its Innovative Open Gear Lubrication System
TrustLube is a dynamic Dutch company that specializes in innovative and environmentally sound lubrication systems. TrustLube products enable the maritime, (petro)chemical and food industry to save a considerable amount of time, money and energy. For each lubrication point an exact dosage of lubrican