Business & Finance
Norway: Simek Shipyard Launches PSV NB 126
Simek shipyard on May 12th 2012 successfully launched the Platform Supply Vessel (NB 126) of UT 755 LC design. Day after the vessel was launched the remaining superstructure, Block 5, was assembled to Yard no. 126 by a floating crane. NB 126 is the 13th vessel of UT 755 design that Simek yard has bu
West Africa Cable System Officially Launched
West Africa Cable System (WACS) has been officially launched in Cape Town on Friday. The submarine cable which links Southern and Western Africa to Europe will increase South Africa’s broadband capacity by more than 500 Gigabits per second (Gbps), reports African Business Review. WACS cable stretche
The Netherlands: DEME – Naming of Ocean-Going Rock Cutter Dredge ‘Ambiorix’
Yesterday, the self-propelled cutter suction dredger ‘Ambiorix’ was named in the port of Rotterdam by Mrs. Marie-Claire van Haaren-Donnet, spouse of the late Paul van Haaren, managing director of Ackermans & van Haaren until 1981. The Ambiorix is one of the most powerful and advanced cutter suction
UK: Coastline Surveys Plans to Purchase DATEM 5000 CPT System
As part of continual company growth and development, Coastline Surveys Ltd has placed an order for the purchase of a DATEM 5000 CPT system. The DATEM 5000 unit is a coiled rod design offering the latest technology and increased push capability compared to similar CPT designs available. The unit is c
Ghana: Tap Gets Drilling Deadline Extension
Australia’s independent oil and gas exploration and production company Tap Oil on Friday announced that the Ministry of Energy, Ghana granted a one year extension of the Initial Exploration Period under the Petroleum Agreement in respect of the Offshore Accra Contract Area. Under the extension, the
UK: Bond’s EC225 Helicopters Grounded
Bond Offshore Helicopters Ltd yesterday said it would continue the suspension of all EC225 helicopter flights. Bond, the provider of offshore helicopter transportation services between Aberdeen, Scotland and several North Sea oil platforms, cancelled all EC225 flights following the “controlled desce
UK: No Value Accorded to SeaEnergy Offshore Wind Services
Research house Edison says that SeaEnergy should see the gap between its market price and the value of its assets close, the ProactiveInvestors reports. Edison analyst Graeme Moyse said that there is a significant gap between the market price of SeaEnergy and the value of its cash balance, and also
UK: Carnaby Well Spudded
Nautical Petroleum plc announces that the Carnaby exploration well 28/9-5 in Central North Sea Block 28/9 was spudded at 05:45 hours on Friday 11 May 2012. The well is being drilled using the Sedco 711 semi-submersible rig and is being managed by Applied Drilling Technology International (ADTI). The
Well Intervention Experts to Gather in Norway for Annual ICoTA Seminar
Leading oil and gas industry body, the Intervention & Coiled Tubing Association (ICoTA) European Chapter is set to host industry experts at a one-day seminar of technical presentations in Stavanger later this month. Among the 12 presentations, Expro will discuss its AX-S system, a unique remotely-op
Denmark: DONG on Track to Double 2009 EBITDA by 2015
The Board of Directors of DONG Energy has today approved the interim financial report for the first quarter of 2012 with the following outlook and financial highlights compared with the first quarter of 2011: — EBITDA was DKK 3.6 billion in the first quarter of 2012 compared with DKK 4.8 billion in
Denmark: DONG on Track to Double 2009 EBITDA by 2015
The Board of Directors of DONG Energy has today approved the interim financial report for the first quarter of 2012 with the following outlook and financial highlights compared with the first quarter of 2011: — EBITDA was DKK 3.6 billion in the first quarter of 2012 compared with DKK 4.8 billion in
Twelve Foreign Ships Under Detention in UK Ports During April 2012
The Maritime and Coastguard Agency (MCA) announced today that 12 foreign flagged ships were under detention in UK ports during March 2012 after failing Port State Control (PSC) inspection. Latest monthly figures show that there were two new detentions of foreign flagged ships in UK ports during Apri
UK: DOW Selects ABB as Preferred Supplier of Electrical Works for Dudgeon Project
Dudgeon Offshore Wind Limited (DOW), a subsidiary of Warwick Energy Limited, has selected ABB Limited (ABB) as the preferred supplier for the delivery of the electrical works for the Dudgeon Offshore Wind Farm (Dudgeon) project following a competitive tendering exercise. The formal contract for thes
UK: OMM Names New Business Development Director
Offshore Marine Management (OMM) has announced the appointment of Business Development Director Ian Gaitch to the company. Ian joined OMM in late February of this year; bringing to the role over 25 years’ experience in the submarine cable industry both on and offshore. As well as Ian’s 7 years of ex