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Business & Finance

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Trapp Goes Offshore for New Venture (UK)
Business & Finance

Trapp Goes Offshore for New Venture (UK)

ENTREPRENEUR Tony Trapp is hoping to start securing orders for his latest engineering venture within weeks after impressing potential… By Babette Decker (journallive) [mappress] Source: journallive, January 04, 2011

about 16 years ago
Maersk Oil Submits Report to the Danish Environmental Protection Agency
Business & Finance

Maersk Oil Submits Report to the Danish Environmental Protection Agency

In connection with a series of articles in December 2010, questions were raised concerning whether Maersk Oil was in compliance with the prevailing guidelines for water sampling and analysis and oil spill reporting. The Danish Environmental Protection Agency subsequently requested a report from Maer

about 16 years ago
Russia: TGS Signs Cooperation Agreement with DMNG in Arctic Region
Business & Finance

Russia: TGS Signs Cooperation Agreement with DMNG in Arctic Region

TGS has signed a three year sales, marketing and 2D seismic Cooperation Agreement with Dalmornefte Geophysica Yuzhno- Sakhalinsk (DMNG) in the Arctic region, east and west of the Bering Strait. The Cooperation Agreement includes industry funded 2D operations performed in Russian waters during Q3 201

about 16 years ago
Lundin Petroleum Completes Exploration Well Offshore Norway
Business & Finance

Lundin Petroleum Completes Exploration Well Offshore Norway

Lundin Petroleum AB (Lundin Petroleum) completed the exploration well 16/7-9 on the Norall prospect located in Block 16/7, (PL409), in the central part of the North Sea on the Norwegian Continental Shelf. This was the first exploration well in PL409 which was awarded in 2007 as a result of the APA20

about 16 years ago
Greece: DryShips Gets Hold of its First Newbuilding Drillship OCEAN RIG CORCOVADO
Business & Finance

Greece: DryShips Gets Hold of its First Newbuilding Drillship OCEAN RIG CORCOVADO

DryShips Inc. , a global provider of marine transportation services for drybulk cargoes and offshore contract drilling oil services, announced today that its 78% owned subsidiary Ocean Rig UDW Inc. successfully took delivery of its newbuilding drillship, the Ocean Rig Corcovado. The Ocean Rig Corcov

about 16 years ago
Norway: Seadrill Acquires Two Semi-Submersible Ultra-Deepwater Rigs Under Construction
Business & Finance

Norway: Seadrill Acquires Two Semi-Submersible Ultra-Deepwater Rigs Under Construction

Seadrill has entered into an agreement to acquire the two ultra-deepwater semi-submersible drilling rigs, Seadragon I and Seadragon II. The total project price for the two rigs, which are currently under construction at the Jurong Shipyard in Singapore, is estimated to be approximately US$1.2 billio

about 16 years ago
Finland: Wartsila Introduces New More Powerful Version of Its Wartsila 32 Engine
Business & Finance

Finland: Wartsila Introduces New More Powerful Version of Its Wartsila 32 Engine

Wärtsilä, the marine industry’s leading solutions provider, has introduced a more powerful version for marine applications of its popular Wärtsilä 32 engine. First introduced in the 1980s, and with more than 4000 units sold to the marine industry alone, the Wärtsilä 32 engine has proven to be a high

about 16 years ago
Dockwise to Transport Jack & St. Malo Hull from Korea to the Gulf of Mexico.
Business & Finance

Dockwise to Transport Jack & St. Malo Hull from Korea to the Gulf of Mexico.

Dockwise announces that it has signed a contract for USD 25 mln, with an affiliate of Chevron U.S.A. Inc. regarding the transportation of the Jack & St. Malo hull from Korea to the Gulf of Mexico. It is the intention of the parties that this contract – already included in the Q3 backlog as a [&helli

about 16 years ago
Norway: BW Offshore Successfully Secures Long Term Financing
Business & Finance

Norway: BW Offshore Successfully Secures Long Term Financing

BW Offshore has concluded the syndication process for a USD 2.4 billion seven year senior secured credit facility. The credit facility was substantially oversubscribed by a group of 15 leading international banks. The facility will be used to refinance BW Offshore and Prosafe Production’s main credi

about 16 years ago
Turkmenistan: Dragon Oil Announces Completion and Initial Testing of Dzheitune Well
Business & Finance

Turkmenistan: Dragon Oil Announces Completion and Initial Testing of Dzheitune Well

Dragon Oil plc , an international oil and gas exploration and production company, announces the completion and initial testing of the Dzheitune (Lam) 28/151 development well and successful commissioning of the 14-inch in-field pipeline. The Dzheitune (Lam) 28/151 was drilled to a depth of 3,512 metr

about 16 years ago
Finland: Wartsila Introduces New More Powerful Version of Its Wartsila 32 Engine
Business & Finance

Finland: Wartsila Introduces New More Powerful Version of Its Wartsila 32 Engine

Wärtsilä, the marine industry’s leading solutions provider, has introduced a more powerful version for marine applications of its popular Wärtsilä 32 engine. First introduced in the 1980s, and with more than 4000 units sold to the marine industry alone, the Wärtsilä 32 engine has proven to be a high

about 16 years ago
Norway: Bergen Oilfield Services Wins North Sea 3D Acquisition Contract
Business & Finance

Norway: Bergen Oilfield Services Wins North Sea 3D Acquisition Contract

Bergen Oilfield Services AS (BOS) is delighted to announce that we have signed a contract with LOTOS Exploration and Production Norge AS, acting as Operator on behalf of the License Group in PL 503, of a 1563 sqkm acquisition program of 3D Seismic Data in the area of PL 503 in the southern part of [

about 16 years ago
Norway: STEP Offshore Wins Mud Mixing Equipment Contract with STX Offshore & Shipbuilding
Business & Finance

Norway: STEP Offshore Wins Mud Mixing Equipment Contract with STX Offshore & Shipbuilding

STEP Offshore, a wholly-owned subsidiary of Aker Solutions, has won a contract from South Korea’s STX Offshore & Shipbuilding Co., LTD (“STX”) to supply equipment for a new, dynamically positioned ultra-deepwater Globetrotter-class drillship(image). The owner of the ship is Noble Corporation. STEP O

about 16 years ago
SeaEnergy Signs Three Moray Firth Milestone Agreements (UK)
Business & Finance

SeaEnergy Signs Three Moray Firth Milestone Agreements (UK)

Renewable energy developer SeaEnergy plc said its Moray Offshore Renewables Ltd joint venture has signed three milestone agreements to… (ibtimes) [mappress] Source: ibtimes, December 29, 2010

about 16 years ago
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