Business & Finance
Norway: Statoil Extends Contracts for Two PSV’s
Statoil ASA has declared its option for one year extended period for the Time Charter party with Eidesvik Offshore ASA, (through its subsidiary Eidesvik Shipping AS), for the environmental friendly LNG power PSV “Viking Queen”. The extended period starts primo November 2011. Statoil has further two
Norway: WesternGeco Starts 3D Survey in West Loppa Area
WesternGeco announced today that it has begun acquisition of the Bjørnøya Phase I “Ice Bear” 3D multiclient survey in the highly prospective West Loppa area of the Barents Sea. Following previous surveys in the area, the Ice Bear survey will extend the existing WesternGeco West Loppa datasets to the
Norway: WesternGeco Starts 3D Survey in West Loppa Area
WesternGeco announced today that it has begun acquisition of the Bjørnøya Phase I “Ice Bear” 3D multiclient survey in the highly prospective West Loppa area of the Barents Sea. Following previous surveys in the area, the Ice Bear survey will extend the existing WesternGeco West Loppa datasets to the
The Netherlands: Feadship Royal Van Lent Shipyard Launches F45 Yacht Helix
Yesterday the Feadship Royal Van Lent shipyard launched the stunning fifth F45 superyacht, named Helix. She is the first yacht in the series with the Nautical interior theme, which features a modern mix of light fabric covered walls in mahogany wooden frames and a high contrast in carefully selected
Cyprus: SeaBird Logs Quarterly Loss of USD 16.6 Million
SeaBird Exploration today announced second quarter 2011 results. Revenues and expenses for Q2 2011 and Q2 2010 are difficult to compare as several changes in the operating performance of the Ocean Bottom Node (“OBN”) activity and the utilisation of the 2D/3D fleet in these two quarters have affected
The Netherlands: SBM Offshore CEO to Step Down
Mr Tony Mace has advised the SBM Offshore Supervisory Board that in light of recent events he will not stand for re-election at the next AGM on 16 May 2012. The Supervisory Board has decided that it will call later this year an EGM to propose Mr. Bruno Chabas to take over as CEO with effect [&hellip
Gazprom: Offshore Ice-Resistant Platform on Way to Prirazlomnoye Field
Today in Murmansk from the shipyard of the Zvezdochka Shiprepairing Center, following the completion of all startup operations, the towing of the Prirazlomnaya offshore ice-resistant stationary platform to the Prirazlomnoye field started. The platform is transported by means of Vladislav Strizhov ve
Scotland: Hallin Installs Tidal Turbine in Orkney Island
Hallin Marine, a Superior Energy Services company, has successfully completed the installation of the world’s most powerful single rotor subsea tidal turbine in Orkney Island, Scotland. Hallin was contracted by Atlantis Resources Corporation (Atlantis) to provide specialist services as an experience
UK: AVEVA Joins OpenHCM Consortium
AVEVA, a leader in engineering design and information management solutions for the plant, power and marine industries, today announced it has joined the OpenHCM (Hull Conditioning Monitoring) Consortium, an initiative to increase ship safety though transparent electronic processing of assessment dat
Cyprus: SeaBird Posts Q2 Results
SeaBird Exploration today announced second quarter 2011 results. Revenues and expenses for Q2 2011 and Q2 2010 are difficult to compare as several changes in the operating performance of the Ocean Bottom Node (“OBN”) activity and the utilisation of the 2D/3D fleet in these two quarters have affected
The Netherlands: Port of Rotterdam’s Positive Results Make Investment Programme Possible
In the first half year, the Port of Rotterdam Authority result increased by € 8 million to € 98 million (9%), compared to 2010. The rise is especially a result of increased yields. The yields from the letting of industrial areas increased by € 5 million (4%) through new area distribution and price a
The Netherlands: SBM Offshore Publishes First Half Net Loss of USD 250.8 Million
SBM Offshore today announced half-year results for 2011. Financial Highlights Turnover of US$ 1,461 million (US$ 1,378 million in H1 2010); EBITDA of US$ 359.7 million (EBITDA of US$ 293.5 million in H1 2010); US$ 450 million impairment charge booked in H1 2011, as already announced on 28 July 2011;
Norway: NPD Grants Statoil Drilling Permit for 16/2-9 S Well
The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 16/2-9 S, cf. Section 8 of the Resource Management Regulations. Well 16/2-9 S will be drilled from the Transocean Leader drilling facility at position 58°54’46.39’’N 02°26’22.80’’E following completion of
UK: Macduff Receives Order to Produce Concept Design for New 46m Autoliner
In August 2011, Macduff received an order from the Russian Leningrad shipyard “Pella” to produce a concept design for a new 46m autoliner. The design will be based on previous autoliner designs produced by the company but incorporating the latest trends in hull design. This order represents the firs