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Business & Finance

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NOW Ireland Welcomes Ireland’s Memorandum of Understanding
Business & Finance

NOW Ireland Welcomes Ireland’s Memorandum of Understanding

Today’s announcement that Ireland has signed a Memorandum of Understanding (MoU) that will see it join a European ‘Supergrid’ has been… (siliconrepublic) [mappress] Source: siliconrepublic, December 06, 2010

about 16 years ago
Alexandra Dock, Door Into Wind Era for Hull (UK)
Business & Finance

Alexandra Dock, Door Into Wind Era for Hull (UK)

The leader of Hull City Council said that plans for wind turbine manufacture at Alexandra Dock could usher in new era of prosperity for the region. At a meeting this morning, Councillor Carl Minns delivered a rousing speech in which he said that the bid to bring offshore wind industry to Hull was an

about 16 years ago
Alexandra Dock, Door Into Wind Era for Hull (UK)
Business & Finance

Alexandra Dock, Door Into Wind Era for Hull (UK)

The leader of Hull City Council said that plans for wind turbine manufacture at Alexandra Dock could usher in new era of prosperity for the region. At a meeting this morning, Councillor Carl Minns delivered a rousing speech in which he said that the bid to bring offshore wind industry to Hull was an

about 16 years ago
Fugro Acquires Riise Underwater Engineering AS in Norway
Business & Finance

Fugro Acquires Riise Underwater Engineering AS in Norway

Fugro has reached agreement with Riise Underwater Engineering AS to acquire the company. The acquisition is expected to take effect from the end of this year on completion of some outstanding formalities. Riise Underwater Engineering AS (RUE), with its headquarters in Haugesund, Norway, is a provide

about 16 years ago
Norway: Lundin Exercising Option for Bredford Dolphin Rig
Business & Finance

Norway: Lundin Exercising Option for Bredford Dolphin Rig

With references to stock notice 23rd September 2010. Lundin Norway AS has exercised an option for an additional well with Dolphin AS, a subsidiary of Fred. Olsen Energy ASA, for use of the semi-submersible drilling unit Bredford Dolphin. The well will be in direct continuation with the upcoming cont

about 16 years ago
Greece: Dryships Announces $325 Million Bridge Loan Facility
Business & Finance

Greece: Dryships Announces $325 Million Bridge Loan Facility

DryShips Inc. , a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services, announced today that its subsidiary, Drillships Hydra Owners (the owning company of the Ocean Rig Corcovado), has signed a commitment letter with an international len

about 16 years ago
Norway: AF Group Acquires Batservice Offshore Shipyard
Business & Finance

Norway: AF Group Acquires Batservice Offshore Shipyard

AF Gruppen (AFG) has signed a letter of intent with Båtservice Holding to acquire 100% stake in Båtservice Offshore Shipyard. The acquisition is a step in the development of AF services to oil and gas market. Båtservice Offshore currently supplies maintenance and modification services to major oil a

about 16 years ago
Norway: Drilling Safety Verified on Gullfaks
Business & Finance

Norway: Drilling Safety Verified on Gullfaks

A detailed review of planned drilling and well operations has been carried out on Gullfaks since Statoil halted such work on the North Sea field on 10 November. This check has aimed to ensure that the group’s management system is being complied with, and that risk assessments of these activities are

about 16 years ago
Norway: Vega Field Provides Increased Production
Business & Finance

Norway: Vega Field Provides Increased Production

Yesterday, 2 December, production commenced on the Vega gas and condensate field off Norway’s west coast. This will be an important contribution to Statoil’s production on the Norwegian shelf. The Vega field has been developed with three seabed templates, sending gas and condensate to the Gjøa platf

about 16 years ago
EXPRO’s New Subsea Centre Wins Building Development Award
Business & Finance

EXPRO’s New Subsea Centre Wins Building Development Award

International oil field services company Expro has won two important design awards for its new subsea centre in Cumbria. The Subsea Excellence Centre, in Ulverston, is the manufacturing headquarters for Expro Connectors and boasts solar power and rainwater capture devices. The 114,377 sq ft building

about 16 years ago
Cyprus: Songa Offshore Provides November Fleet Update
Business & Finance

Cyprus: Songa Offshore Provides November Fleet Update

Songa Venus achieved operating efficiency of 99% during the month, the rig completed its third well for Shell Development (Australia) and the rig started its last contractual well in current program for MEO Australia during the month. The rig is thereafter scheduled to commence its 2 well firm + 1 O

about 16 years ago
UK: Ithaca Energy Awards Flowline Installation & FPSO Mooring System Contract for Athena Field
Business & Finance

UK: Ithaca Energy Awards Flowline Installation & FPSO Mooring System Contract for Athena Field

Ithaca Energy Inc. and its wholly owned subsidiary Ithaca Energy (UK) Limited (“Ithaca” or the “Company”), an independent oil & gas company with exploration, development and production assets in the UK sector of the North Sea, announces that the contracts for the installation of subsea equipment and

about 16 years ago
Aker Solutions Establishes Factory in South Korea and Signs Prestigious Deck Machinery Contract
Business & Finance

Aker Solutions Establishes Factory in South Korea and Signs Prestigious Deck Machinery Contract

Aker Solutions has set up a new manufacturing facility in South Korea for the production of Pusnes deck machinery™. Aker Solutions has among several major contracts signed a contract for the delivery of Pusnes deck machinery™ for the prestigious “Pieter Schelte”-project, the world’s largest platform

about 16 years ago
UK: Swathe Services Announces First Sale of SONIC 2024
Business & Finance

UK: Swathe Services Announces First Sale of SONIC 2024

Swathe Services sales division is delighted to announce our first UK sale of the SONIC 2024 wideband high resolution shallow water multibeam echosounder. Within a matter of days of announcing the inclusion of the SONIC2024 in our rental pool of survey equipment we immediately supplied two systems fo

about 16 years ago
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