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Business & Finance

Norway: NTNU Purchases REMUS 100 AUV
Business & Finance

Norway: NTNU Purchases REMUS 100 AUV

Hydroid, Inc., a subsidiary of Kongsberg Maritime and the leading manufacturer of autonomous underwater vehicles (AUVs), announced that the Norwegian University of Technology and Science (NTNU) has purchased one REMUS 100 system to support and enhance the operations of the University’s Applied Under

about 14 years ago
Denmark: ERRIA Hands Over MT ‘Erria JULIE’ to Uni-Tankers
Business & Finance

Denmark: ERRIA Hands Over MT ‘Erria JULIE’ to Uni-Tankers

ERRIA, a shipping company specialized in providing administrative ship management, announced today, May 15th 2012, that it has sold and transferred vessel named Erria JULIE in Kalundborg, to the Uni-Tankers shipping line. MT Erria JULIE is the sixth of nine vessels that the company is planning to se

about 14 years ago
UK: DEVEX 2012 Demonstrates New Technology in Oil and Gas Industry
Business & Finance

UK: DEVEX 2012 Demonstrates New Technology in Oil and Gas Industry

A record number of attendees turned out to see the latest developments in oil and gas production and development at an industry conference last week. DEVEX 2012, aimed at geologists, geophysicists and engineers from both upstream and downstream operations, took place on 9 and 10 May at Aberdeen Exhi

about 14 years ago
UK: Helicopter Safety Steering Group Discusses Helicopter Ditching Incident
Business & Finance

UK: Helicopter Safety Steering Group Discusses Helicopter Ditching Incident

The Helicopter Safety Steering Group (HSSG) met yesterday, Monday 14 May, to share preliminary information on the recent helicopter ditching incident in the North Sea. Making up the HSSG are helicopter operators, oil and gas operators and contractors, offshore trade unions, the pilots’ union BALPA,

about 14 years ago
UAE: Grandweld Shipyards to Build Two Fast Crew Boats for Fujairah
Business & Finance

UAE: Grandweld Shipyards to Build Two Fast Crew Boats for Fujairah

Grandweld Shipyards signed a contract to design, build, and deliver two 33.5M Fast Aluminum Crew Boats for Fujairah National Group. The contract was signed by H.H Sheikh Mohammed Saleh Al Sharqi, on behalf of Fujairah National Group, and Mr. Jamal Abki, General Manager of Grandweld Shipyards. The 33

about 14 years ago

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Remontowa Launches Last of Four LNG Ferries for Norwegian Owner
Business & Finance

Remontowa Launches Last of Four LNG Ferries for Norwegian Owner

The launching ceremony of the last of four LNG-fueled ferries built for one of the biggest Norwegian Owners took place in REMONTOWA SHIPBUILDING S.A on 11th of May 2012. During three – year cooperation the Owner has ordered construction of eight modern ferries of different propulsion, power of engin

about 14 years ago
Australia: Hallin Marine Charters Outer Limit Catamaran
Business & Finance

Australia: Hallin Marine Charters Outer Limit Catamaran

Hallin Marine’s Australian operation has entered into a long term charter with Fremantle-based Salter Offshore for the innovative new catamaran ‘Outer Limit’. A dynamically positioned subsea and offshore operations support craft, the Outer Limit sets new standards for vessels in this sector. With ac

about 14 years ago
Excelerate to Build First Floating Liquefaction Facility in USA
Business & Finance

Excelerate to Build First Floating Liquefaction Facility in USA

Excelerate Energy is moving forward with the development of the first floating liquefaction facility in the United States utilizing its Floating Liquefaction Storage Offloading vessel (FLSO) technology. The Lavaca Bay LNG project will be located in Port Lavaca, situated between Galveston and Corpus

about 14 years ago
Noble Energy and Delek Group Start Noa Pipeline Construction Offshore Israel
Business & Finance

Noble Energy and Delek Group Start Noa Pipeline Construction Offshore Israel

Noble Energy Inc. and Delek Group Ltd. have announced the beginning of the work to link Noa and Pinnacle fields with Mari B platform, Globes Online reported. The pipeline link between fields will be provided by Helix Express rig which already arrived in Israeli waters. The Noa field is located 20 ki

about 14 years ago
South Africa Signs IMO Anti-Piracy Code
Business & Finance

South Africa Signs IMO Anti-Piracy Code

The Code of Conduct concerning the Repression of Piracy and Armed Robbery against Ships in the Western Indian Ocean and the Gulf of Aden (Djibouti Code of Conduct) was today signed on behalf of South Africa by the South African High Commissioner, His Excellency Dr. Zola Skweyiya, who was attending a

about 14 years ago

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Excelerate Developing First U.S. FLSO
Business & Finance

Excelerate Developing First U.S. FLSO

Excelerate Energy® L.P. is moving forward with the development of the first floating liquefaction facility in the United States utilizing its Floating Liquefaction Storage Offloading vessel (FLSO™) technology. The Lavaca Bay LNG project will be located in Port Lavaca, situated between Galveston and

about 14 years ago
Denmark: TORM Sells Its Shares in JV Entity Ugland & TORM Shipowning
Business & Finance

Denmark: TORM Sells Its Shares in JV Entity Ugland & TORM Shipowning

TORM has entered into an agreement to sell its 50% stake in the joint venture entity Ugland & TORM Shipowning ApS. The joint venture’s main asset is a 2007-built LR1 vessel, TORM Ugland. The transaction leads to a P&L loss of approximately USD 5 million, which will be recognized in the financial sta

about 14 years ago
UK: Aquaterra Energy Supplies Centralisers for North Sea Platform
Business & Finance

UK: Aquaterra Energy Supplies Centralisers for North Sea Platform

Aquaterra Energy has been awarded a contract to supply 12 centralisers for a platform in the North Sea. The existing centralisers had reached their design life and will be replaced with new centralisers designed by Aquaterra. The centralisers, which will be optimised for the customer’s requirements,

about 14 years ago
USA: Port of Long Beach Launches Terminal Modernization Project
Business & Finance

USA: Port of Long Beach Launches Terminal Modernization Project

Civic, port and industry leaders gathered Monday on the docks of the Port of Long Beach to launch a pioneering project to build a highly advanced terminal that will feature the most modern and clean technologies available to move cargo. Marking the occasion with the driving of a commemorative “golde

about 14 years ago