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Business & Finance

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Cyprus: Songa Offshore Provides August Fleet Update
Business & Finance

Cyprus: Songa Offshore Provides August Fleet Update

Songa Venus achieved operating efficiency of 93% during the month; the rig completed its work on the first and has now commenced work on well no 2 out of 3 firm wells for Shell Development (Australia). Songa Mercur achieved operating efficiency of 99% during the month; the rig continues to operate o

about 16 years ago
Marineco UK Orders First-Ever Damen High Speed Support Vessel 2610
Business & Finance

Marineco UK Orders First-Ever Damen High Speed Support Vessel 2610

Damen Shipyards Group is proud to announce the sale of its first-ever Twin Axe Catamaran, the Damen High Speed Support Vessel (HSSV) 2610, which is particularly suited for the offshore wind industry. Marineco UK, based in Edinburgh, Scotland, recently signed for the new HSSV 2610 with an option for

about 16 years ago
World’s Largest Pipelay Vessel Starts Laying Pipe for Nord Stream in the Gulf of Finland
Business & Finance

World’s Largest Pipelay Vessel Starts Laying Pipe for Nord Stream in the Gulf of Finland

Allseas’ Solitaire, the world’s largest pipelay vessel, has started to lay the Gulf of Finland section of the 1,224 kilometre Nord Stream natural gas pipeline in the Baltic Sea. Nord Stream’s Deputy Director Construction Ruurd Hoekstra and Leo D. Varkevisser, Allseas’ Vice President Projects and Ope

about 16 years ago
The Netherlands: IHC Merwede to Exhibit New Innovations at SMM 2010
Business & Finance

The Netherlands: IHC Merwede to Exhibit New Innovations at SMM 2010

All sea routes lead to the port of Hamburg – the largest port in Germany and second biggest in Europe – on 7-10 September for the biennial Shipbuilding, Machinery & Marine Technology (SMM) international trade fair. IHC Merwede will be taking its place on Stand 300 in Hall B4 as one of the leading ex

about 16 years ago
Norway: Keen Interest in Statoil Apprenticeships
Business & Finance

Norway: Keen Interest in Statoil Apprenticeships

Statoil received 400 more applications compared with last year and the company is taking on 181 new apprentices, compared with 168 last year. “With apprentices we are building future competencies, not just for us, but for society at large. Statoil is an attractive workplace for apprentices and the y

about 16 years ago
Recruiting Fresh Talent for the Dredging Industry
Business & Finance

Recruiting Fresh Talent for the Dredging Industry

Within the maritime infrastructure industry, the companies that comprise the International Association of Dredging Companies are known for their high-levels of expertise. But outside the industry dredging in general is often little known and undervalued. Important progress is being made to communica

about 16 years ago
UK: Chariot Oil & Gas Limited Appoints RBC Capital Markets as Joint Broker
Business & Finance

UK: Chariot Oil & Gas Limited Appoints RBC Capital Markets as Joint Broker

Chariot Oil & Gas Limited announced that it has appointed RBC Capital Markets as Joint Broker with immediate effect. Chariot Oil & Gas Limited is an independent oil and gas exploration group. The Group currently holds licences covering eight blocks in Namibia, all of which are offshore. All of these

about 16 years ago
UK: TSmarine Starts Long Term Service Contract With Expro Worth $100 Million
Business & Finance

UK: TSmarine Starts Long Term Service Contract With Expro Worth $100 Million

Australian subsea contractor TSmarine is primed to start a multi-year service contract with international oilfield service company Expro which could be worth a potential $100 million. The deal, awarded to TSmarine’s new Scotland-based offshoot SALT Subsea, will deliver worldwide support for Expro’s

about 16 years ago
The Netherlands: Blue Block Behemoth Getting Ready
Business & Finance

The Netherlands: Blue Block Behemoth Getting Ready

The Blockbuster has been making a big impression on the Maasvlakte in recent months. In the autumn, this specially-designed crane will place the first huge blocks in the Maasvlakte seawall. Testing is underway and the operators are practising with the new crane. The biggest blocks in the coming hard

about 16 years ago
Norway: STX Europe Continues With Record Earnings
Business & Finance

Norway: STX Europe Continues With Record Earnings

STX Europe reported an EBITDA of NOK 205 million for the second quarter of 2010 which is an increase from NOK 75 million in the second quarter 2009. The Offshore & Specialized Vessels business area had a record EBITDA in the second quarter of NOK 298 million and the Cruise & Ferries business area ha

about 16 years ago
The Netherlands: Offshore Solutions BV Appoints New Managing Director
Business & Finance

The Netherlands: Offshore Solutions BV Appoints New Managing Director

Offshore Solutions B.V. (OSBV), the joint venture between AMEC and Cofely Nederland N.V., has appointed Lindsay Young as managing director. Mr Young joins the business from RBG Ltd. (RBG) where he was operations director for its UK business. With more than 25 years experience within contractor compa

about 16 years ago
The Netherlands: Dockwise Bags USD $37 Million in Heavy Marine Transport and Engineering Awards
Business & Finance

The Netherlands: Dockwise Bags USD $37 Million in Heavy Marine Transport and Engineering Awards

Dockwise Ltd. announces 12 awards for Heavy Marine Transport (HMT) and engineering projects that have recently been secured by its subsidiary Dockwise Shipping with a total contract value of almost USD 37 million. Dockwise was awarded an engineering contract to provide a FEM (Finite Element Model) a

about 16 years ago
Stockton North MP, Alex Cunningham, Praises IHC EB: “Represents the Future and the Best of the Past”
Business & Finance

Stockton North MP, Alex Cunningham, Praises IHC EB: “Represents the Future and the Best of the Past”

In a visit to IHC Engineering Business (EB) on Tuesday 31 August 2010, local Labour MP, Alex Cunningham, (Stockton North), declared that the company which recently (31 May 2010) completed an order to build one of the world’s biggest marine pipe laying machines, represents the “future and the best of

about 16 years ago
Norway: Statoil Adds Two New Members to Its Board of Directors
Business & Finance

Norway: Statoil Adds Two New Members to Its Board of Directors

The corporate assembly of Statoil has chosen Lady Barbara Judge and Bjørn Tore Godal as new members of Statoil’s board of directors. The corporate assembly also re-elected Svein Rennemo as chair, Marit Arnstad as deputy chair, and Roy Franklin, Grace Reksten Skaugen and Jakob Stausholm as board memb

about 16 years ago
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