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Business & Finance

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Norway: Statoil Submits Fast-Track Development Plan for Hyme
Business & Finance

Norway: Statoil Submits Fast-Track Development Plan for Hyme

Statoil submitted a plan for development and operation (PDO) for Hyme (formerly Gygrid) in the Norwegian Sea to the Norwegian Ministry of Petroleum and Energy (MPE). First oil is scheduled for the first quarter of 2013. The Hyme PDO is the fourth fast-track development plan submitted to the MPE this

about 15 years ago
The Netherlands: Offshore Solutions B.V. Reaches Milestone with 2500th OAS Installation
Business & Finance

The Netherlands: Offshore Solutions B.V. Reaches Milestone with 2500th OAS Installation

Offshore Solutions B.V. (OSBV), the joint venture between AMEC and Cofely Nederland N.V., has announced another significant achievement in the operation of the Offshore Access System (OAS). Installed on the GDF SUEZ E&P Nederland B.V. (GSEPN) chartered vessel, REM Mermaid, the OAS has successfully a

about 15 years ago
Norway: Statoil Submits Plan for Hyme Fast-Track Development
Business & Finance

Norway: Statoil Submits Plan for Hyme Fast-Track Development

Statoil today, 12 May, submitted a plan for development and operation (PDO) for Hyme (formerly Gygrid) in the Norwegian Sea to the Norwegian Ministry of Petroleum and Energy (MPE). First oil is scheduled for the first quarter of 2013. The Hyme PDO is the fourth fast-track development plan submitted

about 15 years ago
Spain: Repsol Quarterly Income Hits EUR 765 Million
Business & Finance

Spain: Repsol Quarterly Income Hits EUR 765 Million

Repsol posted net income of 765 million euros in the first quarter of 2011, 11.2% more than the year-earlier period. Excluding extraordinary items, recurring net income improved 23.4%, to 791 million euros. The 2011 earnings increase is mainly due to improved oil and gas price realization prices, wi

about 15 years ago
Financial Cuts in Offshore Sector Jeopardize Employment Opportunities Says Tom Hopkinson (UK)
Business & Finance

Financial Cuts in Offshore Sector Jeopardize Employment Opportunities Says Tom Hopkinson (UK)

Tom Hopkinson, Managing Director of renewable recruitment experts Taylor Hopkinson Associates in Glasgow, has warned that reducing… (industrytoday) [mappress] Source: industrytoday, May 12, 2011;

about 15 years ago
Deep Sea Supply Reports First Quarter Results (Cyprus)
Business & Finance

Deep Sea Supply Reports First Quarter Results (Cyprus)

Deep Sea Supply reports consolidated revenues of MUSD 24.0 in 1Q 2011 compared to MUSD 26.1 in 1Q 2010. Total operating costs in 1Q 2011 were MUSD 21.9 compared to MUSD 17.4 in 1Q 2010. This resulted in EBITDA of MUSD 2.0 in 1Q 2011. Net financial items were negative MUSD 9.4, including unrealized c

about 15 years ago
PSA Norway Identifies Regulatory Nonconformities at Skarv FPSO
Business & Finance

PSA Norway Identifies Regulatory Nonconformities at Skarv FPSO

The Petroleum Safety Authority Norway (PSA) conducted an audit of BP at the Aker Solutions Stord yard on 6-7 April 2011. The audit targeted the offloading system for shuttle tankers on Skarv FPSO. The audit identified a number of nonconformities in relation to regulatory requirements. Background The

about 15 years ago
TGS Starts Multi-client 3D Seismic Acquisition in Moray Firth, Off UK Coast
Business & Finance

TGS Starts Multi-client 3D Seismic Acquisition in Moray Firth, Off UK Coast

TGS commences the second season of multi-client 3D seismic acquisition in the Moray Firth, offshore United Kingdom. The survey, MF11, will add over 2,500 km2 of new 3D data to the previous project area announced last June. The M/V Oceanic Challenger will acquire the MF11 survey. Data collection is s

about 15 years ago
TGS Commences Second Season of Multi-Client 3D Seismic Acquisition in Moray Firth (UK)
Business & Finance

TGS Commences Second Season of Multi-Client 3D Seismic Acquisition in Moray Firth (UK)

TGS commences the second season of multi-client 3D seismic acquisition in the Moray Firth, offshore United Kingdom. The survey, MF11, will add over 2,500 km2 of new 3D data to the previous project area announced last June. The M/V Oceanic Challenger will acquire the MF11 survey. Data collection is s

about 15 years ago
The Crown Estate Welcomes Vestas Plans for Port of Sheerness (UK)
Business & Finance

The Crown Estate Welcomes Vestas Plans for Port of Sheerness (UK)

The Crown Estate welcomes today’s announcement that the wind turbine manufacturer Vestas is to establish a new manufacturing facility… (thecrownestate) [mappress] Source: thecrownestate, May 12, 2011;

about 15 years ago
The Crown Estate Welcomes Vestas Plans for Port of Sheerness (UK)
Business & Finance

The Crown Estate Welcomes Vestas Plans for Port of Sheerness (UK)

The Crown Estate welcomes today’s announcement that the wind turbine manufacturer Vestas is to establish a new manufacturing facility… (thecrownestate) [mappress] Source: thecrownestate, May 12, 2011;

about 15 years ago
Strong Support for Inaugural TradeWinds Offshore Marine Conference Reflects Rising Market (Norway)
Business & Finance

Strong Support for Inaugural TradeWinds Offshore Marine Conference Reflects Rising Market (Norway)

TradeWinds Offshore Marine conference is set to play to a full house at the Grand Hotel Oslo on the 24 May. With the theme Catching the Rising Market, the event recognises the pivotal role offshore shipping now plays in the Norwegian maritime sector. Breaking with the traditional conference format,

about 15 years ago
Jonathan Lindsay Joins Jee’s Management Team (UK)
Business & Finance

Jonathan Lindsay Joins Jee’s Management Team (UK)

Jee, a pipeline, riser and subsea engineering and training company for the oil, gas and renewables industries, announces that industry specialist Jonathan Lindsay joined its management team on 1 May 2011. Jonathan will head up the Aberdeen office and be responsible for operations and performance. Jo

about 15 years ago
Jonathan Lindsay Joins Jee’s Management Team (UK)
Business & Finance

Jonathan Lindsay Joins Jee’s Management Team (UK)

Jee, a pipeline, riser and subsea engineering and training company for the oil, gas and renewables industries, is pleased to announce that industry specialist Jonathan Lindsay joined its management team on 1 May 2011. Jonathan will head up the Aberdeen office and be responsible for operations and pe

about 15 years ago
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