Business & Finance
Denmark: Offshore Wind Farms Need Alternative Capital Sources
The continuing economic crisis has created a need for alternative sources of capital for the renewable energy sector, people attending a panel session at the EWEA 2012 Annual Event in Copenhagen heard on Wednesday. Torben Pedersen, of PensionDanmark, also said there are considerable pressures on pub
CMA CGM Announces Reshuffling of Its ASIA-South Africa and Mozambique Services
CMA CGM announces the reshuffling of its ASIA – South Africa and Mozambique services As from 24th April, the new CMA CGM ASIA – SOUTH AFRICA service network will be covered by the following loop: New SHAKA2: A service jointly operated by CMA CGM and Maersk Line with 8 vessels of 6,500Teus Rotation:
UK: GE Oil & Gas, Expro Ink Framework Agreements with Hydrasun
Hydrasun, a leading specialist provider of integrated fluid transfer, power and control solutions to the global energy market, has received three framework agreements worth a total of £3.5million per year to the company. The recent agreements, for work in the North Sea and internationally, are with
Innomar to Present at International Hydrographic Conference in Monaco
Just a couple of days before the International Hydrographic Conference (IHC) takes place in Monaco. Innomar again will present products that are used for hydrographic applications. There are new demands and hydrographic services are not only interested in nautical depths and obstacles protruding fro
Denmark: Dong Energy Welcomes New CEO
DONG Energy’s Board of Directors has decided to appoint Henrik Poulsen as the new Chief Executive Officer (CEO) of DONG Energy. Henrik Poulsen joins from TDC A/S, where he is currently CEO. He will take up his new role no later than 1 November 2012. Fritz Schur, Chairman of the Board of Directors, c
Spectrum Starts Foz do Amazonas 2D Brazilian Multi-Client Seismic Survey
Spectrum commenced the next phase of their Brazilian Equatorial Margins program this week taking the first shot on the 15,000 kilometer Foz do Amazonas survey. After completion of this survey in the third quarter 2012, Spectrum will have collected over 27,000 kms of new long offset data over this hi
Brazil: Spectrum Begins Foz do Amazonas Survey
Spectrum commenced the next phase of their Brazilian Equatorial Margins program this week taking the first shot on the 15,000 kilometer Foz do Amazonas survey. After completion of this survey in the third quarter 2012, Spectrum will have collected over 27,000 kms of new long offset data over this hi
Hyperdynamics Plans to Farm-Out Portion of Its Offshore Guinea Interest
Hyperdynamics Corporation announced that it has engaged BofA Merrill Lynch as financial advisor to assist the Company in connection with a potential sale of a portion of its 77% interest in the 25,000-square-kilometer oil and gas exploration concession offshore Guinea in West Africa. Hyperdynamics i
Norway: Statoil Awards Research Prize to IRIS Chief Scientist
Eric Cayeux has been awarded the Statoil research prize 2012 for his work in automated drilling, which include scientific breakthroughs that will be of great importance to the industry. The prize of NOK 200,000 and a lithography by Håkon Bleken was awarded by Karl Johnny Hersvik, Senior Vice Preside
UK: Hydrasun Receives Framework Agreements Worth GBP 3.5 Million Per Year
Hydrasun, a leading specialist provider of integrated fluid transfer, power and control solutions to the global energy market, has concluded three framework agreements worth a total of £3.5million per year to the company. The recent agreements, for work in the North Sea and internationally, are with
South Korea: DSME Delivers VLCC BUKHA to Oman Shipping Company
Oman Shipping Company S.A.O.C. (OSC) took delivery of a Very Large Crude Carrier (VLCC) “BUKHA”, at Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME), Okpo, South Korea. “BUKHA” is designed and constructed according to the latest international standards, and it has advanced ballast water treat
The Netherlands: IHC Merwede Reports Increased Revenue and Profit
IHC Merwede develops and builds innovative vessels, advanced equipment and life-cycle support services for the dredging, mining and offshore industries. The company’s international outlook and expanding portfolio have helped it to record increased revenue and profit figures for 2011, and maintain it
USA: Kadey-Krogen Unveils New Trawler Yacht Model
Kadey-Krogen Yachts proudly presents a new model in the company’s Advanced Ergonomics (AE) series, the Krogen 44′ AE. Building on and inspired by the success of the Krogen 48′ AE which was introduced last year, the Krogen 44′ AE is highlighted by a new galley layout and an even more generously sized
Switzerland Based ABB to Power New Royal Caribbean Ships
ABB, the leading power and automation technology group, has won orders worth more than $60 million to provide complete power and Azipod ® propulsion systems for two new cruise ships to be built by Meyer Werft at its shipyard in Papenburg, Germany for Royal Caribbean Cruises Ltd (RCL). The ABB order