Business & Finance
Norway: Ashtead Technology Makes Partnership with MacArtney
World leading marine rental company, Ashtead Technology, announces the appointment of MacArtney Norge A/S as Ashtead Technology agent for… (subseauk) [mappress] Source: subseauk, July 13, 2011;
IHC, Jumbo, Van Oord Speak at Offshore Energy 2011 Conference in The Netherlands
Offshore Energy again attracts leading companies to its two-day conference. IHC, Jumbo and Van Oord are among the confirmed speakers at Offshore Energy, Shell, GdF Suez and Chevron are invited. Conference delegates can choose from a wide range of separately bookable half-day conferences and brief to
UK: BP Partners Approve Major Re-Development of Schiehallion and Loyal Oil Fields
On behalf of its co-venturers BP announced an agreement to progress a major re-development of the Schiehallion and Loyal oil fields to the west of the Shetland Islands. Schiehallion and Loyal have produced nearly 400 million barrels of oil since production started in 1998 and an estimated 450 millio
Azerbaijan: SOCAR Inks MOU with Swiss Foster Wheeler
On July 12, SOCAR and Swiss Foster Wheeler signed a memorandum of understanding. The document was signed by SOCAR Vice-President for strategic development Mr. Tofig Gahramanov and Chief Executive Director of Foster Wheeler Mr. Marco Maresco. The MoU involves the establishment of a joint venture on t
IHC, Jumbo, Van Oord Speak at Offshore Energy 2011 Conference in The Netherlands
Offshore Energy again attracts leading companies to its two-day conference. IHC, Jumbo and Van Oord are among the confirmed speakers at Offshore Energy, Shell, GdF Suez and Chevron are invited. Conference delegates can choose from a wide range of separately bookable half-day conferences and brief to
BP Upgrades Subsea Facilities on Schiehallion and Loyal Fields (UK)
On behalf of its co-venturers BP is pleased to announce an agreement to progress a major re-development of the Schiehallion and Loyal oil fields to the west of the Shetland Islands. Schiehallion and Loyal have produced nearly 400 million barrels of oil since production started in 1998 and an estimat
PDM Neptec Chosen to Appear in Marine Technology Reporter’s Special Annual Publication (UK)
PDM Neptec has been chosen to appear in Marine Technology Reporter’s special annual publication, which profiles the leading 100 companies currently serving the marine technology and ocean science community. The report is published in July, and distributed worldwide to more than 25,000 companies, gov
Greece: Box Ships Inc. Announces Acquisition of TEU Panamax Containership
Box Ships Inc., or the Company, a global shipping company specializing in the transportation of containers, announced today that it has entered into an agreement with an unaffiliated third party to purchase the MSC Emma, a 5,060 TEU Panamax containership built in 2004 at the Hanjin Heavy Industries
UK: BP, Partners Approve Major Re-Development of Schiehallion and Loyal Oil Fields
On behalf of its co-venturers BP announced an agreement to progress a major re-development of the Schiehallion and Loyal oil fields to the west of the Shetland Islands. Schiehallion and Loyal have produced nearly 400 million barrels of oil since production started in 1998 and an estimated 450 millio
Finland: Wartsila Wins Orders to Supply Propulsion Solutions for Dredger Vessels
Wärtsilä has recently been awarded a series of orders to supply propulsion solutions for dredger vessels to be built in China and the Netherlands. Since dredging applications are typically very demanding, the high reliability of the Wärtsilä solutions was a key element in the award of all three proj
UK: Maersk Contracts Bibby Offshore to Deliver Diving Support and Underwater Repairs
Due to serious weather damage at the Maersk UK Gryphon field, Bibby Offshore were contracted to deliver diving support and in particular, help make the site safe while Maersk assessed the damage and then put in place plans for the field re-construction. Initially the Bibby Topaz was mobilised to sur
Cyprus: SeaBird Exploration Provides Fleet Utilization Update
Vessel utilization is defined as the percentage of the full quarter where the vessel is in paid work either in the form of acquisition, mobilization, demobilization, steaming, standby or other. The vessel utilization for all vessels operated by SeaBird for Q1 2011 was 69% (Q1 2011: 49%). The Ocean B
Wartsila Equips Four New Dredgers with Its Propulsion Package (Finland)
Wärtsilä has recently been awarded a series of orders to supply propulsion solutions for dredger vessels to be built in China and the Netherlands. Since dredging applications are typically very demanding, the high reliability of the Wärtsilä solutions was a key element in the award of all three proj
Singapore: Keppel Delivers Rowan Norway Jack-up Rig
Xcite Energy announced today that the “Rowan Norway” deep water jack-up rig, scheduled for use on the Company’s Bentley field, has now been delivered by the Keppel FELS shipyard in Singapore to Rowan Companies, Inc. The KFELS N-Class combines state-of-the-art design with the dual capabilities of per