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Business & Finance

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UK: A&P TYNE Celebrates First Successful Venture into New Business Sector
Business & Finance

UK: A&P TYNE Celebrates First Successful Venture into New Business Sector

A&P TYNE is celebrating it’s first successful venture into a new business sector after two buoyant subsea structures bound for an African offshore oil field left the yard at the weekend. The Mid Water Arches – which support pipelines and control systems as they rise from the seabed to the surface –

about 15 years ago
Germany: Siemens to Supply Topside Solutions for FPSO Cidade de Itajai
Business & Finance

Germany: Siemens to Supply Topside Solutions for FPSO Cidade de Itajai

Siemens Energy has been awarded several contracts for the supply of topside solutions including power generation, water injection and power distribution packages for a Brazilian FPSO (Floating, Production, Storage and Offloading) project. Purchaser for the power generators and power distribution sys

about 15 years ago
China: Construction of Sevan Brasil Rig Progressing Well at Nantong COSCO Shipyard
Business & Finance

China: Construction of Sevan Brasil Rig Progressing Well at Nantong COSCO Shipyard

At Nantong COSCO Shipyard, module hoisting operations for the SEVAN BRASIL, the semi-sub drilling rig, (including Drill Floor, lower and middle parts of the derrick, living quarters for 150 people, BOP carrier and Riser gantry cranes) have now been successfully completed. The top priority among them

about 15 years ago
UK: Schilling Robotics Officially Opens New North Sea Regional Office
Business & Finance

UK: Schilling Robotics Officially Opens New North Sea Regional Office

Schilling Robotics, LLC, experts in subsea systems, announced today the official opening of their new North Sea Service and Support Centre in Aberdeen, Scotland. The support centre includes a parts warehouse with over $3 million of ROV and manipulator inventory, comprehensive workshop facilities, an

about 15 years ago
BMT Appoints New Regional Sales Manager (UK)
Business & Finance

BMT Appoints New Regional Sales Manager (UK)

In a bid to further strengthen its sales force BMT Group Ltd, the leading international maritime design, engineering and risk management consultancy, announces the appointment of Louise Ledgard. Louise will take up the position of Regional Sales Manager (Europe) providing vital support for all of th

about 15 years ago
First Quarter 2011 Results For CGGVeritas (France)
Business & Finance

First Quarter 2011 Results For CGGVeritas (France)

CGGVeritas announced its non-audited first quarter 2011 consolidated results. All comparisons are made on a year-on-year basis unless stated otherwise. All fourth quarter 2010 results are reported before restructuring and impairment. Group Revenue was $728m, up 5% year-on-year and down 20% sequentia

about 15 years ago
Vestas Publishes Interim Financial Report (Denmark)
Business & Finance

Vestas Publishes Interim Financial Report (Denmark)

Vestas generated first-quarter revenue of EUR 1,060m, an increase of 25 per cent relative to the first quarter of 2010, and as announced realised a loss. The EBIT margin fell from (4.6) per cent to (6.5) per cent. The development confirms that revenue and earnings may show major quarter-onquarter fl

about 15 years ago
Norway: Statoil 1Q Net Operating Income Rises to USD 9.61 Billion
Business & Finance

Norway: Statoil 1Q Net Operating Income Rises to USD 9.61 Billion

Statoil’s first quarter 2011 net operating income was NOK 50.7 billion (USD 9.61 billion), a 28% increase compared to NOK 39.6 billion ( USD 7.5 billion) in the first quarter of 2010. The quarterly result was mainly affected by a 33% increase in the average prices for liquids measured in NOK, a 20%

about 15 years ago
Statoil Reports First Quarter Results (Norway)
Business & Finance

Statoil Reports First Quarter Results (Norway)

Statoil’s first quarter 2011 net operating income was NOK 50.7 billion, a 28% increase compared to NOK 39.6 billion in the first quarter of 2010. The quarterly result was mainly affected by a 33% increase in the average prices for liquids measured in NOK, a 20% increase in average gas prices, and a

about 15 years ago
The Netherlands: IHC Merwede Acquires Hytech
Business & Finance

The Netherlands: IHC Merwede Acquires Hytech

IHC Merwede has announced that is has acquired Hytech on 3 May 2011. This acquisition enables IHC Merwede to further secure its position in the offshore market. IHC Merwede designs and constructs dive support vessels suitable for activities to a depth of 300 metres. Hytech designs the on-board equip

about 15 years ago
The Netherlands: IHC Merwede Bolsters its Position in Offshore Market with Hytech Acquisition
Business & Finance

The Netherlands: IHC Merwede Bolsters its Position in Offshore Market with Hytech Acquisition

IHC Merwede has announced that is has acquired Hytech on 3 May 2011. This acquisition enables IHC Merwede to further secure its position in the offshore market. IHC Merwede designs and constructs dive support vessels suitable for activities to a depth of 300 metres. Hytech designs the on-board equip

about 15 years ago
PSA Norway Announces Results of Audit of COSLPioneer Facility
Business & Finance

PSA Norway Announces Results of Audit of COSLPioneer Facility

During the period 17–18 March 2011, the Petroleum Safety Authority Norway (PSA) conducted an audit of the COSLPioneer facility targeting the marine technology area. The audit was carried out with assistance from the Norwegian Maritime Directorate (Sdir) and is part of the PSA’s processing of COSL Dr

about 15 years ago
OMM Secures Contract for Installation of Inter-Array Cables at Greater Gabbard Wind Farm (UK)
Business & Finance

OMM Secures Contract for Installation of Inter-Array Cables at Greater Gabbard Wind Farm (UK)

Offshore Marine Management (OMM) has recently secured a contract with Fluor for the installation and subsequent trenching of 29 inter-array… (eeegr) [mappress] Source: eeegr ,May 03 , 2011;

about 15 years ago
Wartsila to Supply Ship Design and Propulsion System For Sartor’s Offshore Support Vessel in Norway
Business & Finance

Wartsila to Supply Ship Design and Propulsion System For Sartor’s Offshore Support Vessel in Norway

Wärtsilä, the marine industry’s leading solutions provider, has been contracted to supply the vessel design and complete diesel electric drive installation for a new field support vessel. The ship is to be owned and operated by Sartor Shipping of Norway, and will serve the North Sea oilfields on beh

about 15 years ago
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