Business & Finance
UK: A&P Manufactures First Falmouth Test Site’s Wave Energy Device
The first wave device installed in the waters at Cornwall’s marine energy test site has been manufactured by A&P Falmouth. Fred Olsen’s “BOLT Lifesaver” project, which is capable of operating and producing electricity, is now being tested in the sheltered FabTest site off Falmouth Bay, with easy acc
Norway: Statoil Completes Investigation of Åsgard B Helicopter Landing Incident
Statoil has completed its investigation of an incident where a helicopter operated by CHC made an emergency landing on the Åsgard B platform in January. It was a scheduled helicopter en route from the Deepsea Bergen drilling rig to Kristiansund in mid-Norway which had to make an unplanned landing on
Brazil: OSX Receives Order for Two WHPs from OGX
Brazil-based OSX, a company that provides equipment and services for the offshore oil and gas industry, received an order from its anchor client OGX Petróleo e Gás for construction and charter of two new Wellhead Platforms, WHP-3 and WHP-4, pursuant to the Strategic Cooperation Agreement entered int
Energy Drilling Orders Drilling Tender Barges from COSCO (China)
China-based COSCO (Guangdong) Shipyard Co. Ltd. has secured a contract with Energy Drilling Pte Ltd (“Energy Drilling”) to construct 2 units of Self Erecting Drilling Tender Barges valued at over USD220 million with an option for an additional 2 barges. The 2 barges under the firm contract are to be
USA: Diamond Offshore Optimistic About Future Rig Contracts
Diamond Offshore Drilling, Inc. today reported net income for the first quarter of 2012 of $185.2 million, or $1.33 per share on a diluted basis, compared with net income of $250.6 million, or $1.80 per share on a diluted basis, in the same period a year earlier. Revenues in the first quarter of 201
USA: Anadarko Completes Heidelberg Sidetrack Appraisal Well
Anadarko Petroleum Corporation today announced the Heidelberg sidetrack appraisal well in the deepwater Gulf of Mexico successfully confirmed an extension of up to 1,500 acres. “The Heidelberg sidetrack appraisal well was successfully drilled and defined the down-dip limits of the Heidelberg field,”
Crawford Gillies Re-Appointed as Chair of Scottish Enterprise
The Cabinet Secretary for Finance, Employment and Sustainable Growth, John Swinney, today announced the re-appointment of Crawford Gillies as Chair of Scottish Enterprise. Scottish Enterprise is the Scottish Government’s main agency for economic development in North East, Central and Lowland Scotlan
Italy: Launching of New Delfino 93’ Yacht of Benetti Class
On April 18th gathered audience and media members saw the technical launch at Viareggio of the 4th unit of the new Benetti Delfino 93’ – entry yacht of the Benetti Class range – an event held on the grounds of the Azimut-Benetti Group’s Lusben company, located adjacent to the Benetti shipyard’s head
UK: Tata Communications Drops Interest in Bidding for CWW
The Board of Cable&Wireless Worldwide plc (CWW) notes the announcement by Tata Communications Ltd. (TCL) stating that it does not intend to make an offer for CWW. Further to the announcement on 29 March 2012, CWW confirms that discussions with Vodafone Group plc (Vodafone) are ongoing. Vodafone must
Anadarko Scores Double in West Afica
Tullow Oil plc (Tullow) announces that the Mercury-2 exploratory appraisal well in Sierra Leone and the Kosrou-1 exploration well in Côte d’Ivoire have both encountered water bearing reservoirs with oil shows. Mercury-2 – Sierra Leone The Mercury-2 well was drilled 12 kilometres northwest of the Mer
Stork Wins ‘Ideas in Safety Prize’ at UK Oil and Gas Industry Safety Awards
Stork Technical Services, the leading global provider of knowledge-based asset integrity management services for the oil and gas, chemical and power sectors, won the first ever ‘Ideas in Safety’ prize at this year’s UK Oil and Gas Industry Safety Awards. Stork’s on-site machining & bolting team rece
UK: Stork Technical Services Wins ‘Ideas in Safety’ Prize
Stork Technical Services, a global provider of knowledge-based asset integrity management services for the oil and gas, chemical and power sectors, won the first ever ‘Ideas in Safety’ prize at this year’s UK Oil and Gas Industry Safety Awards. Stork’s on-site machining & bolting team received the a
CMA CGM Inaugurates Its New Headquarters in Mumbai, India
CMA CGM, the world’s third largest container shipping company, has inaugurated on April 18, 2012, its new head office in India, located in the heart of the Mumbai business district. Installed in a new modern building with easy access by road and public transport, the new premises were inaugurated in
UK: First Project Cargo for Liverpool-Manchester Ship Canal Barge Service
The first project cargo has been transported on Peel Ports’ barge service on the Manchester Ship Canal. Until now the Liverpool to Manchester service has carried only an increasing level of containers, but this week’s transporting of a giant chemicals tank to the Ineos facility at Runcorn saw the st