Business & Finance
Germany: State of Lower Saxony Assents to Adjustment of Elbe Navigation Channel
The cabinet decision taken in Lower Saxony on Tuesday, 3 April 2012, means that the required assent from the three states of Hamburg, Schleswig-Holstein and Lower Saxony for the adjustment of the navigation channel on the Lower and Outer Elbe has now been received. Frank Horch, Hamburg’s Minister of
Greece: Capital Product Partners LP Sells MT ‘Aristofanis’
Capital Product Partners L.P. yesterday announced the sale of the M/T ‘Aristofanis’ (12,000 dwt, built 2005 Baima Shipyard, PRC). The vessel was sold to an unrelated third party and proceeds from the sale were used to repay bank debt. Following the completion of this sale, all of the Partnership’s v
Australia: ConocoPhillips, Karoon Start Browse Basin Drilling Campaign
The exploration program, operated by ConocoPhillips, plans to utilise the Transocean Legend semi-submersible rig for the entire campaign and is expected to continue through 2013.
Singapore: GDI Orders Jack-Up Drilling Rig from PPL Shipyard
GDI announced yesterday that they have placed an order for a Pacific Class 400 jack-up drilling rig with PPL Shipyard PTE LTD (“PPL”) for delivery in March of 2013. This marks the 3rd new build jack-up rig that GDI has ordered in the last 12 months. The contract was signed by GDI Chief Executive Off
The Netherlands: Fugro and Van Oord Jointly Develop Walking Jack-Up Barge
The innovative large walking jack-up barge, WaveWalker 1, is being developed by Fugro and Van Oord to operate in rough seas, surf zones, beaches and other intertidal locations. The two companies are working together on the design, construction and operation of the jack-up which is set to begin opera
Australia: Incat Crowther Wins Design Contract for Fast Supply Vessels
Incat Crowther announced that it has been awarded a contract to design a fleet of 48m monohull Fast Supply Vessels (FSVs). In a significant order that demonstrates market confidence in Incat Crowther’s offshore expertise, a total twelve of these vessels will be built by ETP Engenharia Ltda., which h
GDI Orders Jack-up Rig from PPL Shipyard (Singapore)
GDI announced today that they have placed an order for a Pacific Class 400 jack-up drilling rig with PPL Shipyard PTE LTD (“PPL”) for delivery in March of 2013. This marks the 3rd new build jack-up rig that GDI has ordered in the last 12 months. The contract was signed by GDI Chief Executive Officer
Switzerland: ABB Appoints New Chief Technology Officer
ABB, the leading power and automation technology group, has appointed Prith Banerjee to its Executive Committee in the role of Chief Technology Officer. Banerjee, 51, will start midyear 2012 and will be based in Zurich. He joins ABB from Hewlett Packard, where he was Senior Vice President of Researc
Incat to Design Fast Supply Vessels for Brazilian Offshore Market
Incat Crowther has been awarded a contract to design a fleet of 48m monohull Fast Supply Vessels (FSVs). In a significant order that demonstrates market confidence in Incat Crowther’s offshore expertise, a total twelve of these vessels will be built by ETP Engenharia Ltda., which has also recently d
Denmark: DONG Energy Completes One Third of Monopile Driving for Anholt Wind Farm
As of 1 April 2012, 37½ of the 111 monopiles that make up Anholt Offshore Wind Farm are installed, and as such one third of the driving is complete. As expected, there are great challenges associated with the seabed where both very soft areas and very hard areas are present. The driving of monopile
The Netherlands: Fugro, Van Oord Develop Walking Jack-Up Barge
The innovative large walking jack-up barge, WaveWalker 1, is being developed by Fugro and Van Oord to operate in rough seas, surf zones, beaches and other intertidal locations. The two companies are working together on the design, construction and operation of the jack-up which is set to begin opera
USA: Technip Wins Subsea Contract for Lucius Field Development
Technip was awarded a lump sum contract by Anadarko Petroleum Corporation for the development of the Lucius field, located in the Keathley Canyon area of the Gulf of Mexico at a water depth of approximately 7,000 feet (2,130 meters). The contract covers: * installation of a flexible flowline, multip
USA: Anadarko Hires Technip for Subsea Works at Lucius Development
France-based, international oilfield services provider, Technip, has been awarded a lump sum contract by Anadarko Petroleum Corporation for the development of the Lucius field, located in the Keathley Canyon area of the Gulf of Mexico at a water depth of approximately 7,000 feet (2,130 meters). The
Greece: MINOAN LINES Gets Corporate Superbrand Award
At a premier award ceremony that was held at the Athens Hilton Hotel on April 2nd, 2012, MINOAN LINES, a proud member of the Grimaldi Group, was accorded the prestigious recognition of excellence “Corporate Superbrand” award. MINOAN LINES has been proclaimed as the ferry/shipping company with the be