Business & Finance
WireCo Acquires Lankhorst Euronete Group (The Netherlands)
WireCo WorldGroup Inc. (WireCo), global leader in producing and marketing of wire rope, electromechanical cable and a major producer of wire products announced that it has completed the acquisition of Koninklijke (Royal) Lankhorst Euronete Group B.V. (“Lankhorst/Euronete”). Lankhorst/Euronete holds
UK: North Star Shipping Wins Safety Award
North Star Shipping, a division of Craig Group, has scooped a prestigious international award from one of the world’s leading health and safety bodies for the eleventh year in a row. The British Safety Council has awarded the esteemed International Safety Award with Merit to North Star Shipping foll
Höegh LNG Announces Delivery of LNG Libra in Singapore
Today, on the 16(th) July 2012, Höegh LNG Ltd. announces delivery of vessel LNG Libra in Singapore. The Vessel will remain in Singapore until tomorrow, when she will be delivered to NWS to commence her 6 month charter. The Company previously (on 5 August 2011) announced the purchase of the 1979 buil
NOC, MAREMAP Projects Receive Funding (UK)
Two research projects, led by Dr Russell Wynn, head of Marine Geoscience at UK’s National Oceanography Centre (NOC) and a coordinator of the UK Marine Environmental Mapping Programme (MAREMAP), have received funding in the amount of GBP 720,000 (1.1 million USD), Hydro International news portal writ
Borders & Southern Fails to Reach All Potential Reservoir Targets in Stebbing Well
Borders & Southern reports results from its Stebbing well. Well 61/25-1 was drilled to a total measured depth of 3060m (true vertical depth of 3011m). The well penetrated the upper Tertiary target on prognosis but was unable to reach lower targets due to anomalous pressure conditions. The lower targ
Norway: AGR and ORS Join Forces
Ocean Riser Systems (ORS) has joined forces with Enhanced Drilling Solutions (EDS), a division of AGR Group (AGR), to form AGR EDS-ORS. The announcement was made on the Oslo Stock Exchange this morning that AGR has signed an agreement to purchase 100% of the shares in ORS, which has ‘developed techn
Croatia: Uljanik Shipyard Floats Out Dredger Bartolomeu Dias
Last Saturday on 14 July 2012, the Trailing Suction Hopper Dredger ‘Bartolomeu Dias’ was launched at Uljanik shipyard in Pula (Croatia). The ‘Bartolomeu Dias’ is a sister vessel of the ‘Pedro Álvares Cabral’ that was launched in the beginning of this year. After the successful investments between 20
Aker Solutions Signs Subsea Contract for Ichthys Field (Australia)
Aker Solutions has signed a contract with McDermott, the main EPCI contractor for the Ichthys gas-condensate field development subsea umbilical, riser, flowline (SURF) project, for INPEX in Australia. The contract value is approximately NOK 440 million (72.1 million USD). The scope of work includes
Aker Solutions Bags Ichthys Umbilicals Contract in Australia
Aker Solutions has signed a contract with McDermott, the main EPCI contractor for the Ichthys gas-condensate field development subsea umbilical, riser, flowline (SURF) project, for INPEX in Australia. The contract value is approximately NOK 440 million. The scope of work includes the engineering, pr
Launching Ceremony for Jan De Nul’s New TSHD in Pula, Croatia
Last Saturday 14 July at 11h30, the Trailing Suction Hopper Dredger ‘Bartolomeu Dias’ was launched at Uljanik Brodogradiliste d.d. shipyard in Pula (Croatia). The ‘Bartolomeu Dias’ is a sister vessel of the ‘Pedro Álvares Cabral’ that was launched in the beginning of this year, also at this shipyard
Australia: PB Towage Partners with BOLUDA to Target LNG Terminal Towage Business
PB Towage Australia, the harbour towage division of PB Towage, and BOLUDA Towage & Salvage have signed a cooperation agreement that will see the companies submit joint bids for upcoming Australian LNG terminal tug contracts. PB Towage Australia has achieved considerable growth since entering the Aus
Bayfield Energy Begins Production from B3 Well in Trintes Field Off Trinidad
Bayfield Energy Holdings plc, an upstream oil and gas exploration and production company with interests in Trinidad and South Africa, provides an operational update on its Trintes field offshore Trinidad. As part of the ongoing development drilling programme in the Trintes field, well B3 has been co
UK: Survey Shows Shipwreck Graveyard in Scapa Flow
According to scotsman.com, a new subsea survey of Scapa Flow shows that this area is a shipwreck graveyard. The new subsea survey has mapped 18 sites revealing previously unseen detail of wreckage from the two World Wars. Historic Scotland commissioned Wessex Archaeology who, in partnership with Net
Pancontinental Completes Kifaru 3D Seismic Survey Offshore Kenya
Pancontinental Oil & Gas NL announced the completion of the Kifaru 3D seismic survey data acquisition in its L6 exploration licence area offshore Kenya. The final data acquisition covered 778 sq km over several prospects, including the primary Kifaru Prospect, in the southern portion of the L6 licen