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Business & Finance

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Norway: Class Society ABS Opens Office in Stavanger
Business & Finance

Norway: Class Society ABS Opens Office in Stavanger

Classification society ABS announces the opening of an office in Stavanger, Norway to further extend its global reach and provide dedicated support to its growing Norwegian client base. Known for its leadership in offshore classification and technology, the society’s Stavanger office will be staffed

about 15 years ago
Wind Towers Acquire Skykon’s Wind Turbine Tower Manufacturing and Assembly Plant at Machrihanish (UK)
Business & Finance

Wind Towers Acquire Skykon’s Wind Turbine Tower Manufacturing and Assembly Plant at Machrihanish (UK)

Wind Towers Ltd, the joint venture between SSE (Scottish and Southern Energy plc) and Marsh Wind Technology Ltd, the UK subsidiary of Marsh Global Holdings Ltd, has completed the purchase of the Skykon wind turbine tower manufacturing and assembly plant at Machrihanish, Campbeltown, from its Adminis

about 15 years ago
UK: L&N Successfully Designs Industry Unique Subsea H.I.P.P.S. Package
Business & Finance

UK: L&N Successfully Designs Industry Unique Subsea H.I.P.P.S. Package

In conjunction with carefully selected industry partners L&N have successfully designed an industry unique SubSea H.I.P.P.S. package for the Norwegian sector. Managing Director, Alastair Chalmers comments ‘Using our latest 3D AutoCad software our team have engineered a solution which not only meets,

about 15 years ago
UK: Buzzard Platform to Return to Full Production in July, Nexen Says
Business & Finance

UK: Buzzard Platform to Return to Full Production in July, Nexen Says

Nexen Inc. advises that it has finalized plans to upgrade the cooling system and return to full production at its Buzzard platform in the North Sea. The cooling medium is expected to be replaced by the end of May. During this period production will be limited to about 80,000 boe/d (gross). Nexen exp

about 15 years ago
Norway: STX OSV Secures New Contracts for Design and Construction of Two PSVs
Business & Finance

Norway: STX OSV Secures New Contracts for Design and Construction of Two PSVs

STX OSV Holdings Limited , one of the major global designers and shipbuilders of offshore and specialized vessels, is announced that it has secured new contracts for the design and construction of two Platform Supply Vessels (PSV) for Farstad Shipping. The total value of the contracts amounts close

about 15 years ago
Norway: Farstad Signs Deal with STX OSV for Two New PSVs
Business & Finance

Norway: Farstad Signs Deal with STX OSV for Two New PSVs

STX OSV Holdings Limited , one of the major global designers and shipbuilders of offshore and specialized vessels, is announced that it has secured new contracts for the design and construction of two Platform Supply Vessels (PSV) for Farstad Shipping. The total value of the contracts amounts close

about 15 years ago
CGGVeritas Launches Real-Time Microseismic Monitoring Services (France)
Business & Finance

CGGVeritas Launches Real-Time Microseismic Monitoring Services (France)

CGGVeritas has launched a new microseismic solution based on the deployment of advanced surface and shallow buried arrays to monitor hydraulic fracture stimulation. The unique CGGVeritas offering combines the expertise and tools of its reservoir services subsidiary, Hampson-Russell Software & Servic

about 15 years ago
Sweden: MJP Waterjets Sets New Standard with Five Year Warranty on Waterjet System
Business & Finance

Sweden: MJP Waterjets Sets New Standard with Five Year Warranty on Waterjet System

For the first time in the propulsion industry, MJP Waterjets sets a new standard by introducing a five year warranty on its waterjet system. The company is able to take this bold action thanks to the fact that its designs are made for heavy duty with an excellent record. There are simply very few fa

about 15 years ago
Farstad Shipping Releases Results for 1st Quarter 2011 (Norway)
Business & Finance

Farstad Shipping Releases Results for 1st Quarter 2011 (Norway)

Results for the 1st quarter 2011 Farstad Shipping achieved an operating income of NO K 801.0 million for the 1st quarter (NO K 730.5 million for the same period in 2010). The operating costs for the period were NO K 526.0 million (NO K 432.6 million). The operating profit (EBIT ) was NO K 142.8 [&he

about 15 years ago
Norway: Farstad Sells Far Sleipner PSV
Business & Finance

Norway: Farstad Sells Far Sleipner PSV

Farstad Supply AS, a wholly owned company of Farstad Shipping ASA, has reached an agreement to sell the PSV Far Sleipner (1984, ME 202, 3.067 DWT). The vessel has recently finished its charter party with Petrobras in Brazil. Delivery of the vessel to the new owner is expected to take place by the tu

about 15 years ago
Aker Solutions Strengthens its Position in UK Subsea Sector with Appointment of New VP
Business & Finance

Aker Solutions Strengthens its Position in UK Subsea Sector with Appointment of New VP

Aker Solutions in the U.K. has strengthened its position as a global centre of excellence for the subsea sector with the appointment of a… (subseauk) [mappress] Source: subseauk, May 19, 2011

about 15 years ago
Enermech Wins Hose Inspection Contract on 12 UKCS Assets
Business & Finance

Enermech Wins Hose Inspection Contract on 12 UKCS Assets

Mechanical engineering company EnerMech has been awarded a £300,000 contract for hose integrity management by CAN. The contract covers hose inspection and replacement on 12 UKCS onshore and offshore assets and was won in a competitive tender. EnerMech will provide CAN with complete visibility of the

about 15 years ago
The Netherlands: Port of Rotterdam Authority Presents Long-Term Development Strategy
Business & Finance

The Netherlands: Port of Rotterdam Authority Presents Long-Term Development Strategy

The port of Rotterdam will grow in the coming 20 years and, at the same time, experience a number of structural changes. “The refining and chemical industry are on the threshold of a transition to more bio-based production, energy will be generated more cleanly in 2030 and from a wider variety of so

about 15 years ago
UK: Stena Line Orders Passenger Gangway and Mooring System from TTS Port Equipment AB
Business & Finance

UK: Stena Line Orders Passenger Gangway and Mooring System from TTS Port Equipment AB

Leading international ferry operator Stena Line UK, has placed an order with TTS Port Equipment AB for the manufacture and installation of a passenger gangway and semi-automatic mooring system for its Belfast terminal. TTS, with work already in progress for a gangway at Stena’s Loch Ryan terminal, i

about 15 years ago
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