Business & Finance
Ship Repair Yards Challenged to Keep Ship Owners’ Investment Costs Low (Sweden)
International environmental regulations for the shipping industry are being tightened and demand a reduction of the emissions of sulphur and nitrous oxides. In order to fulfill these demands, many of which come from the UN’s International Maritime Organization (IMO), shipping companies are pushed to
Oil & Gas UK: Well Services Sector Worth USD 3 bln
Oil & Gas UK’s report on the UK oil and gas well services sector, published yesterday, shows that in 2011 the gross revenue generated from UK oil and gas business grew dramatically by 28 per cent to $2.8 billion (£1.7 billion). The number of highly-skilled jobs supported by the sector across the UK
Croatia: Uljanik Shipyard Splashes New Ferry Built for ASCSS
Croatian Uljanik shipyard today on May 10th 2012 successfully launched ferry Barda (yard No.498) which is being built for the Azerbaijan State Caspian Sea Shipping Company. The second ferry, to be named Balaken, is going to be launched next month. The contract for the construction of Yards 498 and 4
Secretary of State for Scotland Visits Bibby Offshore
Aberdeen-based subsea installation contractor Bibby Offshore today hosted a visit by the Secretary of State for Scotland, Rt. Hon. Michael Moore MP, as part of a fact-finding mission on the energy sector in the city in conjunction with Oil & Gas UK. He joined senior representatives from Bibby Offsho
BARD Group Hires JB 117 Jack-Up Barge (Germany)
The BARD Group is intensifying its construction activities in the development site of BARD Offshore 1, the first commercial offshore wind farm in the North Sea located around 100 kilometres off the island coast of Borkum. From now on, the JB 117 belonging to the Dutch company Jack-Up Barge B.V. will
Norway: NCE Subsea’s Report Deals with Technology Challenges for Subsea Industry
Subsea development faces major new challenges. Deeper water, long tiebacks and difficult production conditions require new solutions and new technologies. A new report from NCE Subsea gives an overview of technology challenges specific to the subsea industry. Operating companies pay well for the bes
Bibby Offshore Welcomes Visit of Senior UK Minister
Aberdeen-based subsea installation contractor Bibby Offshore today hosted a visit by the Secretary of State for Scotland, Rt. Hon. Michael Moore MP, as part of a fact-finding mission on the energy sector in the city in conjunction with Oil & Gas UK. He joined senior representatives from Bibby Offsho
Lebanon: IFP Group Announces Launch of 8th Edition of Beirut Boat Show 2012
International Fairs and Promotions (IFP) Group announced the launch of the eighth edition of the Beirut Boat Show 2012 during a press conference held on Wednesday, May 9, 2012, at the Royal Hotel-Dbayeh, in the presence of media representatives, maritime industry representatives in Lebanon and the M
Norway: Apply Takes Slice of Edvard Grieg Platform Cake
Apply Leirvik has been awarded an Engineering, Procurement & Commissioning (EPC) contract from Kvaerner Stord for delivery of a Living Quarter and Helideck to the Lundin’s new Edvard Grieg Platform (formerly Luno). The contract includes delivery of a new 7 floor Living Quarters Module with an area o
Ukraine: Shipyard Zaliv Completes Construction Works on Next Offshore Vessel
JSC Shipyard Zaliv has completed the construction works on the offshore platform supply vessel of project 832 CD. The vessel was designed by the famous shipbuilding group Havyard International AS. By the words of the General Director Mr. Nikolay Yermak, despite the fact that Zaliv has already worked
Two MBARI’s ESPs Installed in New Zealand and Gulf of Maine
With its ability to detect ocean events ranging from sewage spills to harmful algal blooms, MBARI’s Environmental Sample Processor (ESP) has immense potential for monitoring ocean water quality. Until recently, however, only a limited number of these instruments have been available. With the recent
EMGS Names David Hicks as New President of North South America Unit
David Hicks has been appointed by EMGS to take over the role of President of the EMGS North South America business unit. He will be based in Houston, Texas and report to CEO Roar Bekker. David has an extensive background in the oil and gas industry. After receiving his MSc at the University of South
The Netherlands: EIB Finalises EUR 900 Mln Funding for Maasvlakte 2
The European Investment Bank has formally agreed to provide the final part of EUR 900m overall funding to support investment by the Port of Rotterdam Authority in port infrastructure, of which Maasvlakte 2 is by far the most important. The European Union’s long-term lending institution has funded la
Norway: BW Offshore Sees Strong Outlook
BW Offshore, a global provider of floating production storage and offloading (FPSO) vessels to the oil and gas industry reported that the company’s operating revenues for the first quarter of 2012 amounted to USD 217.5 million, an increase of USD 9.4 million compared to USD 208.1 million in the four