Business & Finance
Norway: Seadrill Gets Commitments for New USD 550 Million Credit Facility
Seadrill Limited has successfully secured commitments from a group of commercial lending institutions and export credit agencies for a new US$550 million senior secured credit facility. The new facility has a tenor of five years and a 10 years amortization profile. Interest on the loan and the set o
Centrica Announces New Non-Executive Director (UK)
Centrica plc announces that Lesley Knox is to be appointed a Non-Executive Director of the company, effective 1 January 2012. Mrs Knox will become a member of Centrica’s Audit, Nominations and Remuneration Committees. Mrs Knox is currently chairman of Alliance Trust plc, the senior independent non-e
Norway: NPD to Sell Lofoten, Vesteralen and Senja Seismic Data Package
From 2007 to 2009, the Norwegian Petroleum Directorate (NPD) has acquired 2D and 3D seismic data off Lofoten, Vesterålen and Senja (Nordland VII and Troms II). This data will now be prepared to be sold as one data package towards the end of 2011. The NPD will release more detailed information at a l
Norway: Lofoten, Vesteralen, Senja Seismic Data Package Up for Sale
From 2007 to 2009, the Norwegian Petroleum Directorate (NPD) has acquired 2D and 3D seismic data off Lofoten, Vesterålen and Senja (Nordland VII and Troms II). This data will now be prepared to be sold as one data package towards the end of 2011. The NPD will release more detailed information at a l
Norway: Statoil Ends Search for Missing Person
Statoil ends the search for the 48-year-old man who was reported missing on the Visund platform in the North Sea on Thursday 6 October. The search of the seabed around the platform was unsuccessful. Boats and helicopters have been involved in the search for the missing man. A search party and dog ha
Statoil Ends Search for Missing Man at Visund (Norway)
Statoil ends the search for the 48-year-old man who was reported missing on the Visund platform in the North Sea on Thursday 6 October. The search of the seabed around the platform was unsuccessful. Boats and helicopters have been involved in the search for the missing man. A search party and dog ha
Viper Subsea Announces Recognition as ‘Investors in People’ Company (UK)
Viper Subsea announces that they have been assessed and recognised as an ‘Investors in People’ company. “Being awarded the Investors in People accreditation is a great achievement – it demonstrates that we are working with, developing and harnessing the skills of our staff.” says Viper Subsea. Some
Government Awards GIF Funds (UK)
£11 million of Government matched funding, awarded following the first round of bids to the Growth and Innovation Fund (GIF), will enablel… Read more at 7thspace. [mappress] Source: 7thspace, October 07, 2011
The Netherlands: Archaeological Specialists Carry Out Investigations in Yangtzehaven
A team of archaeological specialists is carrying out investigations in the Yangtzehaven. They hope to find traces of human habitation there from 12,000 years ago. The current Yangtzehaven will become the entrance for shipping to Maasvlakte 2. At the end of 2012, the Yangtzehaven will therefore be du
Marinvest’s MT Marilee Completes Northern Sea Route Passage
On the 15th of August M/T Marilee LR1 Ice Class 1A, successfully completed her first Northern Sea Route Passage, safely escorted by Rosatomflot’s nuclear ice breaker Vaigach. The savings compared to a voyage through Suez were 18 days and 580 tons of bunker resulting in a significant cost benefit for
EMGS to Hold 3D EM Industry Forum in London (UK)
EMGS is holding a 3D EM Industry Forum in London on 16 and 17 November. The event is for decision exploration executives and key technical personnel, and will give participants an understanding of the principles of 3D EM, best practices and 3D EM applications throughout the E&P workflow. The Forum c
SeaGen Announces Presentation of its Tidal Turbine (UK)
There’s a chance to find out more about the potential for harnessing tidal energy in Manx waters next week… (manxradio) [mappress] Source: manxradio, October 07 , 2011;
Police Arrives to Visund to Search for Missing Man (Norway)
The police are going to Visund today, and have started investigations after a 48-year-old man was reported missing from the Visund platform on Thursday. The Joint Rescue Coordination Centre has finished its search, but Statoil is continuing to look for the missing man using helicopters and boats. A
Denmark: Sailing Maersk Triple-E in Simulated Environment
The first of the 20 Triple-E ships that were ordered this spring will not hit the waters until late 2013. Still, already now, tests are being made on how the future giants of the sea manoeuvre. For Captain Gardastovu, his first encounter with a Triple-E container ship did not take place at sea, but