Business & Finance
UK: GE Oil & Gas to Provide Subsea Production Equipment for Development of Causeway Field
Reinforcing its position as a leading supplier of subsea technology for North Sea oilfield projects, GE Oil & Gas announced at Offshore Europe 2011 that it will provide subsea production equipment to Valiant Causeway Ltd. for the development of the Causeway Field. GE will supply two subsea productio
GE Oil & Gas to Supply SVXT Systems for Stella Development, UK North Sea
GE Oil & Gas subsea systems and services have been selected by Ithaca Energy (UK) Ltd. for the Stella oil and gas field development project in the Central North Sea, GE reported today at Offshore Europe 2011. Under a contract of $17 million, GE will supply an integrated package of “S” Series shallow
Government Needs to Increase Support for Wind, Says Hillier (UK)
It has recently been reported that planning permissions which result in approvals for wind farms have dropped 50%. Meg Hillier is Shadow Secretary of State for Energy and Climate Change and has responded to the report stating: “The poor success rate in wind farms receiving planning permission is dis
UK: Ithaca Energy Selects GE for Stella Oil and Gas Field Development
GE Oil & Gas subsea systems and services have been selected by Ithaca Energy (UK) Ltd. for the Stella oil and gas field development project in the Central North Sea, GE reported at Offshore Europe 2011. Under a contract of $17 million, GE will supply an integrated package of “S” Series shallow water
Finland: Napa Group Appoints Mr. Juha Heikinheimo as New President
Mr. Juha Heikinheimo (54) has been appointed to the position of President of Napa Group (Napa Ltd), a world leading provider of software solutions for the maritime industry. The appointment takes effect on September 1, 2011. Mr Heikinheimo assumes the position from Matti Salo, who successfully serve
UK: Exceed, Deepwater Drilling Specialist, at Offshore Europe for the First Time
Deepwater drilling and performance improvement specialist Exceed is exhibiting for the first time at Offshore Europe’s Deepwater Zone (Stand 6C27) following a record year for the business. The Aberdeen-based company surpassed targets to turn over £5.2million ($8.5million) in 2010/11 and has taken on
UK: Expro to Showcase Range of its Latest Solutions at Offshore Europe 2011
Leading international oilfield service company Expro will be showcasing a range of its latest technologies, which enable it to offer the complete package of solutions across the entire well lifecycle, at the Offshore Europe conference and exhibition in Aberdeen, September 6 – 8. Deepwater developmen
Expro Shows its Latest Technology at Offshore Europe (UK)
Leading international oilfield service company Expro will be showcasing a range of its latest technologies, which enable it to offer the complete package of solutions across the entire well lifecycle, at the Offshore Europe conference and exhibition in Aberdeen, September 6 – 8. Deepwater developmen
ABCML Takes Delivery of Its New Bulk Carrier Built by Hyundai Mipo Dockyard, South Korea
Atlantic Bulk Carriers Management Ltd. (ABCML), a Marshall Islands Company with offices in Piraeus, Greece, took delivery of its new Bulk Carrier built by South Korean Shipyard. Senior Masters of Atlantic Bulk Carriers Management Ltd, Captain Athanasios Aretoulis along with Chief Engineer Mr. Theofi
Deepwater Drilling Specialist Exceed Exhibits at Offshore Europe for First Time (UK)
Deepwater drilling and performance improvement specialist Exceed is exhibiting for the first time at Offshore Europe’s Deepwater Zone (Stand 6C27) following a record year for the business. The Aberdeen-based company surpassed targets to turn over £5.2million ($8.5million) in 2010/11 and has taken on
Schlumberger Launches FORTRESS Isolation Valve at Offshore Europe 2011 (UK)
Schlumberger announced today at the Offshore Europe 2011 Oil and Gas Conference and Exhibition the release of the FORTRESS* isolation valve. The FORTRESS valve simplifies the transition from upper completion to production without the need for intervention. “The FORTRESS isolation valve was designed
Russia: Nord Stream Moves to New Milestone. Fills Buffer Gas into Line 1
Following the successful construction and pre-commissioning completion (including pressure testing, cleaning, drying, filling with nitrogen in order to eliminate any oxygen), Nord Stream has moved to a new milestone. On 6 September, Nord Stream will start filling the first line with the so-called bu
KfW IPEX-Bank Finances LNG-Powered Ship in Germany
KfW IPEX-Bank is financing the construction of the first completely gas-powered and thereby low-emission ship in Germany. The 15,600 cubic metre LNG tanker will be used to decentrally supply Liquefied Natural Gas to energy intensive industries and LNG tank facilities in the North Sea and Baltic Sea
UK: Schlumberger Presents its FORTRESS Valve at Offshore Europe 2011
Schlumberger announced today at the Offshore Europe 2011 Oil and Gas Conference and Exhibition the release of the FORTRESS* isolation valve. The FORTRESS valve simplifies the transition from upper completion to production without the need for intervention. “The FORTRESS isolation valve was designed