Business & Finance
Ocean Installer Accomplishes Balder Field Gig for ExxonMobil (Norway)
Ocean Installer has successfully completed survey and intervention work at the Balder field, as contracted by ExxonMobil Exploration & Production Norway AS (“ExxonMobil”). The work was performed in May 2012, according to schedule and in line with Ocean Installer’s quality and HSE standards and requi
IEV Completes Work on Petronas’ Wellhead Platform (Malaysia)
IEV Holdings Limited has successfully completed on schedule, the engineering, fabrication and load-out of a four-legged jacket and refurbished topside of a wellhead platform, which is part of a supply, delivery, installation and commissioning of a refurbished wellhead platform, pipeline, and host ti
Norway: Aker Seafoods Pushes Ahead with Trawler Fleet Renewal
Aker Seafoods ASA continues the renewal of the trawler fleet and has made an agreement to sell the vessel “Hekktind” to a Russian company. The sale amounts to about NOK 46 million. The trawler’s book value was about NOK 16 million on 31 May 2012. Delivery of the trawler is scheduled for the third qu
Norway: TTS Group to Supply Equipment for New Offshore Vessels
TTS Group ASA, Bergen has through its subsidiary Company TTS ships equipment AS. secured four contracts with STX OSV Brattvaag building, STX OSV Soviknes and Kleven Maritime in a total value of 30 MNOK. The contracts with STX OSV Brattvaag relate to vessel no. 793 and vessel no.794 for shipowner Sie
Polarstern Sets Sail for Research Expedition to the Arctic
On Thursday, 14 June 2012, the research vessel Polarstern left Bremerhaven on course for the Arctic. 44 expedition participants from institutions from Germany, Belgium, USA and the United Kingdom will spend around one month at sea. Their main study area is the Fram Strait between Spitsbergen and Gre
UK: Ambienta SGR Acquires 35 Percent Stake in FoundOcean
FoundOcean announced that Ambienta SGR, Europe’s largest private equity fund focused on the environmental sector, has signed an agreement to acquire a 35% stake in the company. Jim Bell, Managing Director at FoundOcean explained, “We are delighted that Ambienta has chosen to invest in FoundOcean as
UK: Avance Gas Holding Acquires Two VLGCs
Stolt-Nielsen Limited announced on June 7th that Avance Gas Holding Ltd. (AGHL), a company owned equally by Sungas Holdings Ltd. and Stolt-Nielsen Gas Ltd., has agreed to acquire two VLGCs-Maran Gas Knossos and Maran Gas Vergina-from Maran Gas Maritime Inc. The ships are expected to join Avance Gas
Primeline, CNOOC Ink PSC for East China Sea Block
CNOOC Limited announced today that its parent company, China National Offshore Oil Corporation (CNOOC) has signed a production sharing contract (PSC) with Primeline Energy China Limited (PECL) and Primeline Petroleum Corporation (PPC) (jointly as “Primeline”) for Block 33/07 in the East China Sea. B
Expro Provides Well Services Contract in Australia
Leading international oilfield service provider Expro will provide a full well services contract to a large operator in Australia in a huge multi-million dollar contract estimated in the region of $20million (£12.8miilion). Expro will provide well test, wireline, surface sampling, drill stem testing
UK: IMO Selects Former Secretary-General for IMO Prize 2011
The IMO Council has unanimously agreed to award the prestigious International Maritime Prize for 2011 to Mr. E.E. Mitropoulos, Secretary-General Emeritus of IMO, Secretary-General of the Organization from 2004 to 2011, for his significant contribution to the work of IMO during a long and distinguish
Expro Bags Well Services Contract Offshore Australia
Leading international oilfield service provider Expro will provide a full well services contract to a large operator in Australia in a multi-million dollar contract estimated in the region of $20million (£12.8miilion). Expro will provide well test, wireline, surface sampling, drill stem testing (DST
Singapore: Keppel FELS to Deliver Seventh Semi Drilling Rig to Ensco
Keppel FELS Limited (Keppel FELS) is set to deliver ENSCO 8506, the seventh semisubmersible (semi) drilling rig in the ultra-deepwater ENSCO 8500 Series® to Ensco safely, on time and within budget. ENSCO 8506 has been contracted to Anadarko Petroleum Corporation for deployment in the U.S. Gulf of Me
Keppel Ready to Deliver Another Semi to Ensco (Singapore)
Long standing customer Ensco has to date entrusted Keppel with 19 major newbuild projects worth more than US$4.8 billion. Keppel FELS Limited (Keppel FELS) is set to deliver ENSCO 8506, the seventh semisubmersible (semi) drilling rig in the ultra-deepwater ENSCO 8500 Series® to Ensco safely, on time
SDE to Build Sea Wave Energy Plants in Ecuador
S.D.E Ltd., the leading company in the world in electricity production from sea wave energy, is planning to build its unique sea wave energy power plants along the costal line of Ecuador main land and the island of Galapagos. SDE was selected by a team of international scientists as number one in th