Business & Finance
Australia: Wood Group Kenny Bags MPT’s Energy Island Contract
Wood Group Kenny has been awarded a three-year contract by Marine Power Technologies Pty Ltd (“MPT”) to provide project management and engineering support services for the development of MPT’s Energy Island (“EI”) concept on the southern coastline of Australia. Six or more Energy Islands may be link
Ireland: Barryroe Potential Initial Production Rates Up
Providence Resources P.l.c., (“Providence”) the Irish oil and gas exploration and production company, whose shares are quoted in London (AIM) and Dublin (ESM), has provided a technical update on the Barryroe oil discovery in the North Celtic Sea Basin, offshore Ireland. Providence (80%) operates Bar
UK: DPS Offshore Places Second Order for Sonardyne’s 6G Technology
Sonardyne International Ltd has received a major order for 6G acoustic positioning equipment worth £1m from Forum Energy Technologies, Inc’s equipment rental business, DPS Offshore. The is the second order placed by DPS Offshore in as many months for Sonardyne’s sixth generation hardware platform an
Japan: Imabari Shipbuilding – Naming Ceremony for 2000th Vessel
Naming ceremony of the 180.200 DWT Bulk Carrier M.V. CAPE LILY was successfully conducted on 18th of May at Imabari Shipbuilding’s Saijo Shipyard. The vessel, ordered by Kumiai Navigation (Pte) Ltd. for Kawasaki Kisen Kaisha Ltd, comes as the company’s 2,000th ship. Mr. Asakura, President of Kawasak
Norway: Marlink Enhances Service Efficiency with C-Band on iDirect
Marlink, maritime communications service provider, is expanding its portfolio with the introduction of new C-band services on the iDirect platform, which will enhance network efficiency and open up new options for customers using SealinkTM global C-band coverage for business critical applications. T
UK: ANDRITZ HYDRO Praised for Achieving Supply of Power to Grid
Gurit, a leading global supplier of composite materials and technical solutions to the wind energy, transportation, tooling, marine markets and other selected application areas congratulate ANDRITZ HYDRO Hammerfest who has successfully achieved supply of power to the grid from their HS1000 device. T
APL, PIL to Launch Joint Service Between Far East and Red Sea
APL Co. Pte Ltd and Pacific International Lines (Pte) Ltd (PIL) yesterday announced the launch of a new joint service linking the Far East and Red Sea. In a joint statement made by both carriers, APL and PIL said the Red Sea is an important market for exporters in Central and Southern China. By prov
Norway: FMC Secures LWI Services Contracts from Statoil
FMC Technologies, Inc. announced that it has signed two five-year contracts with Island Offshore Management AS to supply Light Well Intervention (LWI) services for use by Statoil in the North Sea, contingent on approval from Statoil’s partners. Each contract contains options for two, two-year extens
Faroe Petroleum Spuds Clapton (Norway)
Faroe Petroleum has announced that drilling has started on the Clapton prospect in the Norwegian North Sea (Faroe 40% and operator). Well 2/8-18 S is Faroe Petroleum’s first operated well in Norway and will target the Clapton Prospect located in PL440 S in block 2/8, approximately 5 km east of the E
USA: APM Terminals Offers Virginia Billion Dollar Port Deal
APM Terminals of Portsmouth, Va., has submitted a proposal to the Commonwealth of Virginia for a strategic partnership with the Port of Virginia. APM Terminals is offering to be responsible for the operation of all Port of Virginia facilities in Hampton Roads and related inland locations. APM Termin
UK: Upper Clyde Dock GBP 1.3 Million Transformation to Boost Renewable Energy Sector
A strategic dock, ten miles from Glasgow City Centre, is to undergo a £1.3 million transformation to create a key location for Scotland’s burgeoning renewable energy sector. The 53 hectare Westway industrial site and adjoining dock in Renfrewshire is to be one of the first beneficiaries of Scotland’
UK: Upper Clyde Dock GBP 1.3 Million Transformation to Boost Renewable Energy Sector
A strategic dock, ten miles from Glasgow City Centre, is to undergo a £1.3 million transformation to create a key location for Scotland’s burgeoning renewable energy sector. The 53 hectare Westway industrial site and adjoining dock in Renfrewshire is to be one of the first beneficiaries of Scotland’
FMC to Provide LWI Services to Statoil (Norway)
FMC Technologies, Inc., a global provider of technology solutions for the energy industry, has signed two five-year contracts with Island Offshore Management AS to supply Light Well Intervention (LWI) services for use by Statoil in the North Sea, contingent on approval from Statoil’s partners. Each
New Zealand: Rena – Progress on Container Removal from Wreck Site
Excellent progress has been made on container removal from the wreck site over the past week, with 21 containers removed from the bow section on Monday – the highest number of containers removed in a single day since the break up of the wreck. A further eight containers were removed on Tuesday. Salv