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Business & Finance

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UK: Rolls-Royce Books USD 161 Million Orders from Major Drilling Contractors
Business & Finance

UK: Rolls-Royce Books USD 161 Million Orders from Major Drilling Contractors

Rolls-Royce, the global power systems company, today announced orders worth over £100 million to supply propulsion systems for offshore construction and drilling vessels. The ships will be built at shipyards in Asia for a range of ship owners including Seadrill, Pacific Drilling, Noble, Ocean Rig an

about 15 years ago
UK: Rolls-Royce Books USD 161 Million Orders from Major Drilling Contractors
Business & Finance

UK: Rolls-Royce Books USD 161 Million Orders from Major Drilling Contractors

Rolls-Royce, the global power systems company, today announced orders worth over £100 million to supply propulsion systems for offshore construction and drilling vessels. The ships will be built at shipyards in Asia for a range of ship owners including Seadrill, Pacific Drilling, Noble, Ocean Rig an

about 15 years ago
CEO of Alstom Reorganizes Company to Boost its Development (France)
Business & Finance

CEO of Alstom Reorganizes Company to Boost its Development (France)

The Alstom Board has approved a major reorganisation of the company proposed by Patrick Kron, Chairman and Chief Executive Officer of Alstom. This reorganisation is effective on 4 July 2011. Alstom has undergone a period of strong growth, followed by the necessary adaptation to a tougher economic en

about 15 years ago
Norway: Kvaerner Elects New Board of Directors
Business & Finance

Norway: Kvaerner Elects New Board of Directors

The Directors to Kvaerner’s Board have been elected. From Kvaerner’s first day of trading on the Oslo Stock Exchange in July 2011, the Board of Directors will consist of five shareholder-elected members as well as three members elected by Kvaerner’s employees. The shareholder-elected members are Kje

about 15 years ago
Kvaerner Elects Board of Directors (Norway)
Business & Finance

Kvaerner Elects Board of Directors (Norway)

The Directors to Kvaerner’s Board have been elected. From Kvaerner’s first day of trading on the Oslo Stock Exchange in July 2011, the Board of Directors will consist of five shareholder-elected members as well as three members elected by Kvaerner’s employees. The shareholder-elected members are Kje

about 15 years ago
STX OSV, ICD Enter JV to Form Company for Offshore Handling Systems in Norway
Business & Finance

STX OSV, ICD Enter JV to Form Company for Offshore Handling Systems in Norway

STX OSV Holdings Limited , one of the major global designers and shipbuilders of offshore and specialized vessels, announced today that it has entered into a joint venture with Industrial Control Design AS (“ICD”) of Norway to establish a new company for the development of offshore handling systems.

about 15 years ago
Germany: Blohm & Voss Shipyard Finishes Renovation and Modernization Works on HANSEATIC
Business & Finance

Germany: Blohm & Voss Shipyard Finishes Renovation and Modernization Works on HANSEATIC

Hapag-Lloyd Cruises is visually unifying the appearance of its fleet. After a 13-day-ship yard stay at Blohm & Voss in Hamburg/ Germany, the HANSEATIC now features the Hapag-Lloyd Cruises’ characteristic colors, an orange and blue band, as well as an orange funnel with the cruise lines logo. The com

about 15 years ago
UK: Sir Bill Gammell Takes Non-Executive Chairman Post at Cairn Energy
Business & Finance

UK: Sir Bill Gammell Takes Non-Executive Chairman Post at Cairn Energy

Cairn announces a number of changes to the composition of its board of Directors all of which will be effective from 1 July 2011. The Non-Executive Chairman, Norman Murray, will stand down from the board, as will Malcolm Thoms, Chief Operating Officer and Philip Tracy, Group Engineering and Operatio

about 15 years ago
Too Many Accidental Discharges at Norwegian Shelf, Oil & Gas Authorities Say
Business & Finance

Too Many Accidental Discharges at Norwegian Shelf, Oil & Gas Authorities Say

Emissions of CO2 and NOx from petroleum activities are relatively stable. Discharges to the sea of produced water and oil have not changed much in the last few years either. The authorities and the oil industry agree that there are too many accidental discharges on the Norwegian shelf. The operators

about 15 years ago
Cygnus Instruments Launches New Range of ROV Mountable Devices (UK)
Business & Finance

Cygnus Instruments Launches New Range of ROV Mountable Devices (UK)

Cygnus Instruments, the leading UK manufacturer of digital multiple echo ultrasonic thickness gauges, have launched a new range of ROV mountable devices. The new gauges are designed to work at greater depths, streamline the measurement process and provide unrivalled functionality. With two new model

about 15 years ago
Norway: Total E&P Norge Makes Gas Discovery at Norvarg Prospect
Business & Finance

Norway: Total E&P Norge Makes Gas Discovery at Norvarg Prospect

Det norske oljeselskap ASA has as license partner made a gas discovery in the Norvarg prospect in the Barents Sea license 535, operated by Total E&P Norge AS. Exploration well 7225/3-1 has not been completed. Preliminary well data indicate gas at three different levels, a significant part of it in t

about 15 years ago
Norway: Shell Grant Consent to Use Island Constructor for Subsea Facilities Maintenance
Business & Finance

Norway: Shell Grant Consent to Use Island Constructor for Subsea Facilities Maintenance

A/S Norske Shell (Shell) has been granted consent for use of the mobile well intervention facility Island Constructor for maintenance of subsea facilities on the Draugen field. In September 2010, Shell was granted consent to perform maintenance on wells A55H and B2H. However, the work was postponed.

about 15 years ago
Finland: Wartsila Gas Scrubber Ready for Volume Production
Business & Finance

Finland: Wartsila Gas Scrubber Ready for Volume Production

Wärtsilä Corporation, the global leader in complete power lifecycle solutions and services, and Metso Corporation have signed an agreement to co-operate in developing and delivering scrubber systems for marine applications. Under the terms of this agreement, Metso is to supply the scrubber unit, whi

about 15 years ago
Norway: Shell Receives Approval for Use of Island Constructor for Draugen Works
Business & Finance

Norway: Shell Receives Approval for Use of Island Constructor for Draugen Works

A/S Norske Shell (Shell) has been granted consent for use of the mobile well intervention facility Island Constructor for maintenance of subsea facilities on the Draugen field. In September 2010, Shell was granted consent to perform maintenance on wells A55H and B2H . However, the work was postponed

about 15 years ago
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