Business & Finance
Norway: Ulstein Holds Naming Ceremony for Advanced Seismic Research Vessel
Yard nr. 286 from Ulstein Verft, Oceanic Sirius, was named in an official ceremony in Ulsteinvik, Norway, on 1 October. Lady sponsor of the vessel is Mrs. Danielle Malcor, wife of Jean-Georges Malcor, CEO of CGGVeritas. Oceanic Sirius, an advanced seismic research vessel of the SX120 type from Ulste
Norway: Ulstein Officially Names Oceanic Sirius
Yard nr. 286 from Ulstein Verft, Oceanic Sirius, was named in an official ceremony in Ulsteinvik, Norway, on 1 October. Lady sponsor of the vessel is Mrs. Danielle Malcor, wife of Jean-Georges Malcor, CEO of CGGVeritas. Oceanic Sirius, an advanced seismic research vessel of the SX120 type from Ulste
Monaco: Scorpio Tankers Signs Term Sheet to Finance Four Newbuildings
Scorpio Tankers Inc. announced on friday September 29, that it has signed a committed term sheet for a $92.0 million credit facility (“2011 Newbuilding Credit Facility”) with Credit Agricole Corporate and Investment Bank and Skandinaviska Enskilda Banken AB to partially finance four of the five newb
CLS Offshore Announces 28pct Growth in Its Annual Turnover (UK)
Less than two months after unveiling its new headquarters at Great Yarmouth, CLS Offshore has launched its engineering department and announced 28% growth in its annual turnover. The oil, gas and renewable energy services company has created 12 new jobs – eight of them engineers – and seen a steady
Germany: Thomas Blades Joins Linde Board
– The Supervisory Board of Linde AG has appointed Thomas Blades (55) as a new member of the Executive Board. Blades succeeds J. Kent Masters (51), who steps down today from the Linde AG Executive Board. Blades will assume his position by 1 April 2012 at the latest. Blades’ most recent role was as CE
Norway: Business and Industry Committee Visits OSM
The Standing Committee on Business and Industry from the Norwegian Parliament (Stortinget) visited OSM in Arendal 29 September. The responsibilities of the committee are matters relating to business, industry, trade and shipping. The members toured this part of the country to get first hand knowledg
Renewable Output up by 50 pct in UK
Commenting on 2010 renewables output figures from the Department of Energy and Climate Change, Niall Stuart, Chief Executive of Scottish Renewables, said: “The figures show that even in an exceptionally dry and calm year, renewables still met over 30 per cent of the annual demand for electricity fro
Renewable Output up by 50 pct in UK
Commenting on 2010 renewables output figures from the Department of Energy and Climate Change, Niall Stuart, Chief Executive of Scottish Renewables, said: “The figures show that even in an exceptionally dry and calm year, renewables still met over 30 per cent of the annual demand for electricity fro
Nordic Yards Delivers Special Arctic Tanker to Russian Mining Group Norilsk Nickel
Nordic Yards, manufacturer of technologically sophisticated, innovative special ships and maritime structures, is today handing over the special Arctic tanker “Nordic AT 19” on time to the Russian mining group Norilsk Nickel in Wismar after a construction time of around 15 months. The christening of
UK: Sevan Secures FPSO Contract Extension
Under the charter contract with Centrica Energy Upstream, the charter is automatically extended by six months unless notice is given six months prior to the expiration of the contracted period. The expiration of the currently contracted period was March 28, 2012, and the charter for FPSO Sevan Hummi
The Underwater Centre Wins Top Award at Energy North Awards Ceremony (UK)
The Underwater Centre has picked up a top award at the inaugural Energy North Awards Ceremony held in Inverness, Thursday, September 29). The Centre triumphed in the Best Oil and Gas Industry Service Supplier category. The Best Oil and Gas Industry Service Supplier recognises those companies that ar
UK: The Underwater Centre Wins Prestigious Award
The Underwater Centre has picked up a top award at the inaugural Energy North Awards Ceremony held in Inverness, Thursday, September 29). The Centre triumphed in the Best Oil and Gas Industry Service Supplier category. The Best Oil and Gas Industry Service Supplier recognises those companies that ar
UK: Sevan Secures FPSO Contract Extension
Under the charter contract with Centrica Energy Upstream, the charter is automatically extended by six months unless notice is given six months prior to the expiration of the contracted period. The expiration of the currently contracted period was March 28, 2012, and the charter for FPSO Sevan Hummi
UK North Sea Oil Output Drops Significantly
Officials from the Department for Energy and Climate Change put the unexpectedly large fall down to “maintenance and other production … By Rowena Mason (Telegraph) [mappress] Source:Telegraph , September 30, 2011;