Business & Finance
Submarine Cable Damage Between Maldives and Sri Lanka Disrupts Communication
Maldives telecommunications provider Dhiraagu announces that due to a damage caused to the Maldives-Sri Lanka international submarine cable, the international capacity going out of Maldives have been affected. Limited service is restored through Dhiraagu’s diversity routes and customers using intern
Enova and METCentre to Boost Marine Energy Production in Norway
Enova and METCentre have signed a collaborative agreement whose purpose is to facilitate an increase in technological development within marine energy production in Norway. – We wish to facilitate the implementation of full scale testing of new technology in Norway, both for Norwegian and foreign te
PSA Norway Finds Room for Improvements on Scarabeo 8 Rig
During the period 28-29 February 2012, the Petroleum Safety Authority Norway (PSA) , a Norwegian governmental supervisory authority, carried out an inspection targeting maritime systems and load-bearing structures on board Scarabeo 8. Scarabeo 8 is a semi submersible rig of “Moss CS 50 MkII” design
Norway: METCentre and Enova Pen Collaborative Agreement
Enova and METCentre have signed a collaborative agreement whose purpose is to facilitate an increase in technological development within marine energy production in Norway. -‐ We wish to facilitate the implementation of full scale testing of new technology in Norway, both for Norwegian and foreign
OW Bunker Launches New Global Marine Lubricants Division (Greece)
OW Bunker, one of the world’s leading suppliers and traders of marine fuel, recently announced the launching of a new global Marine Lubricants Division. The company has started cooperation with leading brands in Marine Lubricants to provide a full range of lubricant grades to customers, and will loo
Swiss Colibrys and French iXBlue Introduce Subsea Navigation System QUADRANS
iXBlue and Colibrys announced the launch of the latest generation of marine and subsea fully strapdown gyrocompassing and AHRS based navigation system called QUADRANS. The small size and high precision was achieved to be the smallest such a system can achieve on the market today. The small size and
South Korea: STX Accelerates Its Order Receipt Activities for 2012
STX Offshore & Shipbuilding is accelerating its order receipt activities for 2012 by successfully receiving a number of consecutive orders. The company announced that it received orders for two 170,200m3 class LNG carriers and six 50.000 DWT class tankers from Sovcomflot and John Fredriksen Group, r
China Establishes Maritime Survey Fleet
In order to enhance China’s ability to conduct maritime surveying and research, The State Oceanic Administration (SOA) announces the establishment of national maritime survey fleet, reports Xinhua. The fleet consists of 19 survey vessels, which are individually owned by the SOA, the Chinese Academy
UAE: Stanford Marine Takes Delivery of 10th High-spec OSV
Stanford Marine, a regional marine business headquartered in Dubai, announced the successful completion of its newbuild program and delivery of its 10th high-spec Offshore Support Vessel. The completion of the program concludes a strategic growth initiative established by Stanford Marine which has i
Ireland: Providence’s Slyne Basin Acreage Shows Exciting Gas Potential
Providence Resources P.l.c., the London (AIM) and Dublin (ESM) quoted oil and gas exploration and production company provides a technical update on Licensing Option 11/12 (“LO 11/12”) which is located in c. 300 metre water depth in the Slyne Basin, c. 70 km off the west coast of Ireland. LO 11/12 wa
The Netherlands: Heerema’s Projects at Discovery Channel’s ‘Mega Rigs’
Groundbreaking projects built by Heerema Fabrication Group to be showcased throughout the UK and Netherlands in the two part series ‘Mega Rigs’ on Discovery Channel. The series, produced by Discovery Channel, will follow the story of Centrica Energy’s F3-FA and Ensign projects from the design stages
Ireland: Providence Studies Reveal Further Gas Potential in Slyne Basin
Providence Resources P.l.c., the London and Dublin quoted oil and gas exploration and production company provides a technical update on Licensing Option 11/12 (“LO 11/12”) which is located in c. 300 metre water depth in the Slyne Basin, c. 70 km off the west coast of Ireland. LO 11/12 was awarded as
Australia: New Assets Drive Santos’ Production Up
Santos, one of Australia’s largest gas producers today announced a report on its activities in the first quarter 2012. First quarter production up 13% and sales revenue up 50% Production of 12.4 million barrels of oil equivalent (mmboe) in the March quarter was up 13% primarily due to production fro
Italy: Fincantieri to Build Two Ships for Viking Ocean Cruises
Viking Ocean Cruises, sister company of Viking River Cruises, the world’s leading river cruise line, and Fincantieri, world leader in cruise shipbuilding, today announced the signature of a Memorandum of Agreement for the construction of two new luxury ocean cruise ships. The memorandum also include