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Business & Finance

Drydocks World Holds Strategic Meeting with Singapore Delegation
Business & Finance

Drydocks World Holds Strategic Meeting with Singapore Delegation

Khamis Juma Buamim, Chairman of Drydocks World and Maritime World received the Singapore’s Non-Resident Ambassador (NRA) to the United Arab Emirates, HE Tee Tua Ba and his accompanying delegation and held discussions on topics of mutual interest. Discussions revolved around the company’s future busi

about 14 years ago
UK: Expro Receives Eighth RoSPA Safety Award
Business & Finance

UK: Expro Receives Eighth RoSPA Safety Award

International oilfield services company Expro has once again been recognised for its outstanding safety record globally. Expro has been commended in the oil & gas industry sector of the annual 2012 Royal Society for the Prevention of Accidents (RoSPA) safety awards. Expro has received awards from Ro

about 14 years ago
Cash Secured for Balai Cluster RSC Pre-Development (Malaysia)
Business & Finance

Cash Secured for Balai Cluster RSC Pre-Development (Malaysia)

BC Petroleum Sdn Bhd (“BCP”), the company incorporated by ROC, PETRONAS and Dialog Group to operate and manage the Balai Cluster Risk Service Contract in Malaysia, has secured project finance for the pre-development phase of the project. BCP has entered into a facility agreement for the financing of

about 14 years ago
UK: Nautronix Supplies Noble’s Drillship with NASDrill RS925 System
Business & Finance

UK: Nautronix Supplies Noble’s Drillship with NASDrill RS925 System

Nautronix have secured another order for the supply of their NASDrill RS925 deepwater acoustic positioning system for Noble Corporation’s fourth new ultra-deepwater drillship. In 2011, Nautronix was awarded the contracts for supplying their NASDrill RS925 system for Noble’s first three new drill shi

about 14 years ago
Japan: NYK Takes Delivery of Its Newbuild Vessel
Business & Finance

Japan: NYK Takes Delivery of Its Newbuild Vessel

On May 11, Taharoa Destiny, a new 175,000 DWT class vessel dedicated to the transport of ironsand slurry, was delivered to NYK. The ship was built at Mitsubishi Heavy Industries Ltd.’s (MHI) Nagasaki Shipyard and Machinery Works. At the naming ceremony held on May 9, BlueScope Steel Minerals preside

about 14 years ago

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South Korea: ABB’s Equipment for Subsea Pipeline Construction Vessels
Business & Finance

South Korea: ABB’s Equipment for Subsea Pipeline Construction Vessels

ABB, the leading power and automation technology group, recently won an order worth $18 million from Daewoo to supply energy efficient propulsion and electrical power systems for two new deep sea pipeline installation vessels that will build oil transport infrastructure off the coast of Brazil. The

about 14 years ago
The Netherlands: IHC Merwede Launches New CSD MIONDO
Business & Finance

The Netherlands: IHC Merwede Launches New CSD MIONDO

IHC Merwede has successfully named and launched the stationary cutter suction dredger, MIONDO, yesterday at its shipyard in Sliedrecht, The Netherlands. The company is building the innovative vessel for Marina & Ports Services Ltd, which is based in England. The ceremony was performed by Mrs E. Curr

about 14 years ago
Norway: Bergen Group to Provide Rig Yard Stay Services to Semco Maritime
Business & Finance

Norway: Bergen Group to Provide Rig Yard Stay Services to Semco Maritime

Bergen Group Hanøytangen has been awarded an LOI from Semco Maritime for a possible yard stay at Hanøytangen for a semi-submersible drilling rig in Q3 2012. For Bergen Group Hanøytangen the project is estimated to generate a turnover of NOK 50-100 million. Bergen Group Hanøytangen will be a subcontr

about 14 years ago
ABB Secures Contract from DSME to Power Two Pipelaying Vessels (South Korea)
Business & Finance

ABB Secures Contract from DSME to Power Two Pipelaying Vessels (South Korea)

ABB, the leading power and automation technology group, recently won an order worth $18 million from Daewoo to supply energy efficient propulsion and electrical power systems for two new deep sea pipeline installation vessels that will build oil transport infrastructure off the coast of Brazil. The

about 14 years ago
Norway: JP Kenny Wins Linnorm Subsea Gig from Shell
Business & Finance

Norway: JP Kenny Wins Linnorm Subsea Gig from Shell

JP Kenny Norway has signed a Front End Engineering Design (FEED) contract with Norske Shell for the high temperature, high pressure Linnorm project in Norway. Valued at approximately US$9 million (NOK 55 million), this contract forms part of a global Enterprise Frame Agreement awarded to Wood Group

about 14 years ago

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USA: Wave Glider Launched and Ready to Gather Subsea Data
Business & Finance

USA: Wave Glider Launched and Ready to Gather Subsea Data

In a joint project with NERACOOS, U.S. IOOS, the University of Maine’s School of Marine Sciences and Houston-based Sonardyne Inc., a Wave Glider has been launched near Monhegan Island in the Gulf of Maine. Over a period of 6 to 8 weeks it will collect information on water conditions in the Gulf of M

about 14 years ago
ABB Wins Order from Daewoo to Power Two Pipelay Vessels (South Korea)
Business & Finance

ABB Wins Order from Daewoo to Power Two Pipelay Vessels (South Korea)

ABB, the leading power and automation technology group, recently won an order worth $18 million from Daewoo to supply energy efficient propulsion and electrical power systems for two new deep sea pipeline installation vessels that will build oil transport infrastructure off the coast of Brazil. The

about 14 years ago
Rig ‘Island Innovator’ to Join Odfjell Drilling’s Norwegian Fleet
Business & Finance

Rig ‘Island Innovator’ to Join Odfjell Drilling’s Norwegian Fleet

Odfjell Drilling announced that the new rig will join its Norwegian fleet. “The operation of Island Innovator will be an important contribution to Odfjell Drilling’s activity on the Norwegian continental shelf. The contract between the owner Maracc and Lundin Norway AS will mean greater predictabili

about 14 years ago
UK: Humber Stimulates Local Businesses to Use Its Opportunities
Business & Finance

UK: Humber Stimulates Local Businesses to Use Its Opportunities

The latest Renewing the Humber conference offered insights to companies in the area, which are searching to identify the Humber opportunities, This is Grimsby news portal reported. Grimsby is already serving the growing needs of the O&M part, with manufacturing, assembly and installation logistics c

about 14 years ago