Business & Finance
UK: Total Confirms Success of Well Intervention on Elgin Platform
Following 5 days of close monitoring, Total is now able to confirm the success of the intervention conducted on May 15th on the leaking G4 well on the Elgin complex, 240 kilometers from Aberdeen in the UK North Sea. To regain control of the well, heavy mud was pumped into G4 well from the semi-subme
Germany: Reederei Claus-Peter Offen Chooses ABS Nautical Systems
Recently, ABS Nautical Systems announced that implementation of its NS5 Enterprise software suite has begun on Reederei Claus-Peter Offen’s fleet of container vessels. Based in Hamburg and one of the world’s largest suppliers of modern container tonnage, the company will be utilizing three modules f
UK: BMT Announces Encouraging Results
BMT Group Ltd, the international design, engineering and risk management consultancy, announced that it has achieved robust financial results, despite another year of challenging economic conditions across much of the world. Revenues from continuing businesses rose 8% to £127m and underlying operati
Kongsberg Evotec to Supply Back Deck System for Sanco Sword (Norway)
Kongsberg Evotec, a wholly owned subsidiary of Kongsberg Maritime, has been contracted to supply a complete Back Deck handling system for ‘Sanco Sword’, Sanco Shipping’s second 16 streamer vessel under construction at the Kleven Maritime Myklebust Shipyard. The vessel will be operated by Dolphin Geo
iSURVEY’s Singapore Office Fully Operational
The iSURVEY group announced that its newly established office in Singapore has now reached full operational status. The technical, operational and adminstrative organisation is in place and workshop fitted out and stocked with positioning and survey systems. iSURVEY plans to be ISO 9001:2008 accredi
Tanzania: Seismic Survey to Commence in Nyuni Area PSA
Bounty Oil & Gas NL (“Bounty”) announces an update on the Nyuni Area PSA and the Kiliwani North development, following an announcement to LSX by the operator, Aminex PLC. Bounty holds a 5% participating interest in both projects. The expanded Nyuni Area PSA was issued to the joint venture in October
Latvia: CrewInspector to Provide Crew Management Solution for HAV Ship Management
CrewInspector an online crew management software provider wins the contract to provide HAV Ship Management Kaliningrad with full crew management solution. CrewInspector will provide online crew management database, integrated online application for seafarers and crew payroll software. Crew managemen
Shawcor’s Pipeline Coatings for Apache’s Julimar Offshore Field (Australia)
ShawCor Ltd. on Friday announced that its pipecoating division, Bredero Shaw, received a contract from Apache in Australia with a value in excess of US$45 million to provide pipeline coatings and related products and services for the Julimar Development Project. The Apache operated Julimar Developme
Japan: Award for New Hybrid Turbocharger’s Onboard Electric-Supply System
The development of a hybrid turbocharger’s onboard electric-supply system has been recognized with an award of excellence for invention from the Japan Society of Naval Architects and Ocean Engineers (JASNAOE). The hybrid turbocharger built and then fitted on a vessel for the first time was developed
Bounty, Aminex to Carry Out Seismic Survey Offshore Tanzania
Bounty Oil & Gas NL has announced an update on the Nyuni Area PSA and the Kiliwani North development, following an announcement to LSX by the operator, Aminex PLC. Bounty holds a 5% participating interest in both projects. The expanded Nyuni Area PSA was issued to the joint venture in October 2011 a
Finland: Wello Commences Series B Wave Energy Funding
Finnish renewable technology developer, Wello Ltd, recently announced that it has started Series B funding. Power Fund II and Finnvera Venture Capital have agreed on 3 Million euros funding package as part of the Series B funding. Discussions with additional investors to close further funding have a
France: MSC Divina Officially Delivered
On Saturday morning, May 19, in Saint-Nazaire, France, MSC Divina was officially delivered to MSC Cruises at the STX France shipyard. During the traditional flag ceremony, the shipyard’s pennant and the French flag were lowered, accompanied by the French national anthem, before Laurent Castaing, Gen
USA: Energy Department Announces Funding for Wave Energy Device Testing
As part of President Obama’s commitment to an all-out, all-of-the-above strategy for American-made energy, the U.S. Energy Department has announced $500,000 available this year to test the technical readiness of technologies that can harness energy from waves to supply renewable power to highly-popu
Norway: Kongsberg Evotec Supplies Back Deck Handling System for Sanco Sword Seismic Ship
Kongsberg Evotec, a wholly owned subsidiary of Kongsberg Maritime, has been contracted to supply a complete Back Deck handling system for ‘Sanco Sword’, Sanco Shipping’s second 16 streamer vessel under construction at the Kleven Maritime Myklebust Shipyard. The vessel will be operated by Dolphin Geo