Business & Finance
Scotland’s Wave and Tidal Sector Face Grid Connection Charges of GBP 56m
Scotland’s wave and tidal sector face charges of £56 million every year to connect their projects to the grid while developers south of the border would receive millions in subsidy, new figures from Scottish Renewables has revealed. The current transmission charging regime issued by Ofgem is calcula
Russia: Putin Becomes Guardian of Seismic Vessel Vyacheslav Tikhonov
Polarcus Limited announced that the Prime Minister of the Russian Federation, Vladimir Putin, has assumed the role of Guardian to the seismic vessel Vyacheslav Tikhonov, formerly POLARCUS SELMA, during a naming ceremony held last week in the Russian Black Sea city of Sochi. The ultra-modern seismic
Russia: Eni Announces Agreement for Entry of Wintershall and EDF in South Stream Project
Alexey Miller, Gazprom Chairman, Harald Schwage, Member of the Board of Executive Directors of BASF SE, Henri Proglio, Chairman and CEO of EDF, and Eni CEO, Paolo Scaroni, signed an agreement in Sochi, in the presence of Russian Prime Minister Vladimir Putin, establishing the entry of Wintershall an
Ulstein Design & Solutions Appoints Sigurd Viseth as Managing Director (Norway)
Sigurd Viseth has been appointed managing director of Ulstein Design & Solutions. He will take up the position on 10 October. He will also be COO (area manager) for the Design & Solutions business area in ULSTEIN. Sigurd Viseth, who comes from the position as deputy managing director in Ulstein Verf
Spain: Subsea Connector Specialist SECC Delivers ‘Weak Link’ Pipeline Disconnect System to Repsol
Subsea connector specialist SECC Oil & Gas has delivered a “weak link” pipeline disconnect system to Repsol designed to protect subsea … SubseaUK [mappress] Source: SubseaUK, September 16, 2011;
Norway: GDF Suez Spuds Heilo Well with Aker Barents Rig
The Heilo exploration well, 7124/4 – 1S & A in production license 530, spudded today around noon. Operator GDF SUEZ E&P Norge AS has commissioned the semi submersible drilling rig Aker Barents for the operation. Aker Barents reached its destination in the Barents Sea, 53 kilometers north-east of Ham
UK-based Petrofac Invests in Human Resources Development
Petrofac Training Services, a member of the Petrofac group, and Southern Alberta Institute of Technology (SAIT) Polytechnic announced today they have entered into a strategic collaboration agreement to explore new opportunities to collaborate and share information and expertise in technical training
Norway: Aker BioMarine’s Offer to Purchase Krill Trawl Vessel Rejected
The bond holders of Krillsea Group AS has today rejected the offer from Aker BioMarine to acquire the krill trawl vessel Thorshøvdi as further described in a stock release issued September 9 2011. Aker BioMarine acknowledges the bond holders’ decision and the company has now withdrawn the offer to p
Norway: Sigurd Viseth Takes Managing Director Seat at Ulstein Design & Solutions
Sigurd Viseth has been appointed managing director of Ulstein Design & Solutions. He will take up the position on 10 October. He will also be COO (area manager) for the Design & Solutions business area in ULSTEIN. Sigurd Viseth, who comes from the position as deputy managing director in Ulstein Verf
Norway: Statoil Gets Approval for its Fast-Track Projects
Approval of plans for development and operation (PDO) of the Stjerne and Vigdis North-East fields means that all four of Statoil’s first fast-track projects have secured the go-ahead. The Ministry of Petroleum and Energy has given the nod for the two fields today, 16 September, after approving Hyme
Ex Shell Netherlands Chairman Joins Caithness Board
Caithness Petroleum Limited (“Caithness” or the “Company”), the privately owned British independent petroleum exploration and production company, announced today the appointment of Peter de Wit, who recently retired as Chairman of Shell Netherlands, as a nonexecutive director of the Company, with ef
The Netherlands Has the Best Port Infrastructure in Europe
The Netherlands has the best port infrastructure in Europe again. This is according to the World Economic Forum in ”The Global Competitiveness Report 2011-2012”, which was published recently. Singapore’s wet infrastructure, third in 2010, was deemed to be the best in the world. The Netherlands came
Norway: Statoil Gets Green Light for All Four Fast-Track Projects
Approval of plans for development and operation (PDO) of the Stjerne and Vigdis North-East fields means that all four of Statoil’s first fast-track projects have secured the go-ahead. The Ministry of Petroleum and Energy has given the nod for the two fields today, 16 September, after approving Hyme
Norway: Havyard Develops Its Own Concept of Navigation and Communication Packages for Vessels
The Fosnavag-based company is currently completing the supply vessel Saeborg B102 at Havyard Ship Technology in Leirvik in Sogn, Norway. And this time Havyard can proudly proclaim that the navigation and communications package is provided by the company itself. This includes Radar, Ecdis, Log, Echo