Business & Finance
IJS Global Opens Headquarters in Amsterdam, The Netherlands
IJS Global, the worldwide, world-class logistics service provider, has held an opening ceremony and launch event for its new world headquarters in Amsterdam. In front of more than 200 invited guests and dignitaries, Jos Nijhuis, President Schiphol Group alongside IJS Global’s CEO, Sjoerd van Loon an
USA: Intermoor Shows Inter-M Pulse North Sea Trial Findings at OTC
Alan Duncan, Managing Director of InterMoor UK, an Acteon company, presented findings from a recent Inter-M® Pulse field trial in the North Sea during a media event at the Offshore Technology Conference 2012 in Houston, Texas. Developed by InterMoor, in conjunction with sister company, Pulse Structu
Germany: TÜV SÜD Increases Revenue and Income
In 2011 TÜV SÜD set new records for revenue, income and headcount. Last year the international service corporation increased its revenue to almost EUR 1.7 billion (2010: EUR 1.55 billion); compared to the prior year, earnings before interest and taxes (EBIT) rose by 12 per cent to around EUR 160 mil
USA: GE Introduces Innovative BOP Stacking Solution
With the offshore production industry seeking to increase the efficiency and availability of its deepwater equipment, GE has introduced a new blowout preventer (BOP) stack with an interchangeable lower marine rise package (LMRP) and lower stack frames. Traditionally, the lower marine rise package an
USA: GE’s MaxLift 1800 Pump System Paves the Way for DGD Technology
In a milestone for the global oil and gas industry, GE is showcasing its new MaxLift 1800 pump system at the 2012 Offshore Technology Conference (OTC). This product will pave the way for the use of dual gradient drilling (DGD) technology in challenging deepwater applications. DGD significantly lesse
UK: Magma Looking for 20 Engineers
Magma Products, a leading oil and gas engineering consultancy, has completed a £750,000 move to new offices as it looks to recruit 20 engineers as part of its long-term growth strategy. Aberdeen-based Magma, a North Sea commissioning and start-up specialist, has moved in to 4,150 sq ft premises at T
UAE: Drydocks World, BIG InvestConsult Sign MoU for Hotel Project
Drydocks World, the established international player in ship repair, conversion and new building, signed an MoU with BIG InvestConsult AG, a Swiss company, operating in the area of innovative technologies transfer, as well as investment projects, brokerage and finance. The MoU was signed during the
USA: Gulf Craft Builds Incat Crowther Catamaran Crew Boats
Two Incat Crowther 55m Catamaran Crew Boats, to be named SEACOR Lynx and SEACOR Leopard, are under construction at Gulf Craft LLC in Louisiana, USA. The vessels’ operator, SEACOR Marine, is a progressive company that pioneered the use of fast catamarans in the offshore industry with the commissionin
Sweden: Vattenfall’s Q1 Profit Up 92 pct
Vattenfall announced the results for the first quarter 2012. ”During the quarter we successfully concluded our divestment programme of our noncore assets. In January we received a combined total of SEK 21 billion for the sale of operations in Belgium, Finland and Poland. We have thereby been able to
USA: New SEACOR Crew Boats Offer Increased Capacity
Two Incat Crowther 55m Catamaran Crew Boats, to be named SEACOR Lynx and SEACOR Leopard, are under construction at Gulf Craft LLC in Louisiana, USA. The vessels’ operator, SEACOR Marine, is a progressive company that pioneered the use of fast catamarans in the offshore industry with the commissionin
LUKOIL and Saipem Continue Construction of Subsea Pipelines in Caspian Sea
OOO LUKOIL-Nizhnevolzhskneft (a wholly-owned LUKOIL subsidiary) and Saipem SPA (Italy) signed a contract to construct subsea pipelines to transport oil and gas from the Northern Caspian fields. The contract calls for the laying of two pipelines on the seabed to connect the riser block located at the
Lundin Petroleum: Johan Sverdrup Appraisal Successful (Norway)
Swedish oil and gas exploration an production company, Lundin Petroleum today says the sidetrack 16/2-11A of the appraisal well 16/2-11 has confirmed good quality in Upper and Middle Jurassic reservoir. The well was drilled some 3.3 km southwest of the discovery well 16/2-6 and 760 metres north east
The Netherlands: Heesen Yachts Launches MY Lady Petra
Heesen Yachts on Saturday April 28th 2012 christened its new yacht the MY Lady Petra (YN 15747 ). Launched at the facility in Oss this new vessel is the eighth in Heesen’s award-winning 47metre class. This project, which began when the contract was signed back in 2010, is very special for the Compan
USA: GE Introduces New BOP Stack to Enhance Offshore Rig Flexibility
With the offshore production industry seeking to increase the efficiency and availability of its deepwater equipment, GE has introduced a new blowout preventer (BOP) stack with an interchangeable lower marine rise package (LMRP) and lower stack frames. Traditionally, the lower marine rise package an