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Business & Finance

Brazil: Petrobras’ January Production Rises
Business & Finance

Brazil: Petrobras’ January Production Rises

Petrobras, Brazil’s oil and gas company, reports that the company’s average production of oil and natural gas in Brazil and overseas in January was 2,731.1 thousand barrels of oil equivalent per day (boed). The result represents a 2.6 % rise compared to the volume registered in the same period in 20

about 14 years ago
Northern Ireland Department of Finance and Personnel Invites Tenders for Diving Services
Business & Finance

Northern Ireland Department of Finance and Personnel Invites Tenders for Diving Services

Northern Ireland Department of Finance and Personnel announced a tender procedure for diving services in duration of 1 year, and with 3 options to extend the contract for further periods of up to 1 year each. In 2006, as a result of a strategic review of the underwater search provision within PSNI,

about 14 years ago
Nigeria: Total Starts Production at Usan Field
Business & Finance

Nigeria: Total Starts Production at Usan Field

Total, operator of Block OML138, announces the start-up of production of the offshore Usan field in Nigeria, in line with the planned schedule. Usan is the second deep offshore development operated by Total in Nigeria, coming on stream less than three years after Akpo. Discovered in 2002, the Usan f

about 14 years ago
UK: London Array Charters Floating Hotel MV Sea Discoverer
Business & Finance

UK: London Array Charters Floating Hotel MV Sea Discoverer

M/V Sea Discoverer, which is part of the Comfort at Sea fleet, has been chartered for the world’s largest, offshore wind project, the London Array. With its capacity of 294 persons, the ship will be serving as an offshore floating hotel for technicians and project management. The M/V Sea Discoverer

about 14 years ago
Angola: Total’s Usan Produces First Oil
Business & Finance

Angola: Total’s Usan Produces First Oil

French supermajor Total, operator of Block OML138, announces the start-up of production of the offshore Usan field in Nigeria, in line with the planned schedule. Usan is the second deep offshore development operated by Total in Nigeria, coming on stream less than three years after Akpo. Discovered i

about 14 years ago

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USA: New York Calls for Uniform National Ballast Water Requirements
Business & Finance

USA: New York Calls for Uniform National Ballast Water Requirements

New action this week by the State of New York underscores the need for national standards to address the issue of ballast water treatment, notes Erik Hromadka, CEO of Global Water Technologies. “In October 2010, we identified ballast water treatment as an area of interest and noted that proposed sta

about 14 years ago
Brazil: OceanWorks to Provide Subsea Termination Node for Jubarte
Business & Finance

Brazil: OceanWorks to Provide Subsea Termination Node for Jubarte

Petroleum Geo-Services (PGS) has selected OceanWorks Internatonal for the provision of a termination node for the Jubarte SMSI Permanent Reservoir Monitoring (PRM) system for Petrobras in Brazil. The seafloor termination node will provide termination of the Permanent Reservoir Monitoring (PRM) syste

about 14 years ago
U.A.E: Hydratight Finishes Bespoke Subsea Bolting Project
Business & Finance

U.A.E: Hydratight Finishes Bespoke Subsea Bolting Project

Hydratight has recently completed a challenging subsea bolting task that required the design and development of bespoke tensioners. The accuracy and efficiency of the project is largely down to the cooperation that took place between the Hydratight teams across international boundaries. The Hydratig

about 14 years ago
Malaysia: Kencana Orders Pedestal Cranes from Handal
Business & Finance

Malaysia: Kencana Orders Pedestal Cranes from Handal

Handal Offshore Services Sdn Bhd, a Malysian offshore crane manufacturing and servicing company that specialises in offshore pedestal mounted cranes, has received the award from Kencana HL Sdn Bhd for the supply of two pedestal cranes known as B-7301 and B-7302. The contract is expected to contribut

about 14 years ago
China: Zhoushan Shipyard Delivers New Bulk Carrier to Asian Owner
Business & Finance

China: Zhoushan Shipyard Delivers New Bulk Carrier to Asian Owner

COSCO (Zhoushan) Shipyard Co., Ltd, a subsidiary of the Company’s 51% owned COSCO Shipyard Group Co., Ltd, has delivered a bulk carrier of 57.000 DWT, “PORT HAINAN”, to its Asian buyer. The delivery documents for the vessel were signed by and between COSCO Zhoushan and the buyer on 22 February 2012.

about 14 years ago

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Singapore: Kreuz Marks Tremendous Growth in 2011
Business & Finance

Singapore: Kreuz Marks Tremendous Growth in 2011

Kreuz Holdings Limited, a subsea service provider for the oil and gas industry, reported that its profit attributable to owners of the company (“Net Profit”) for the full year ended December 31, 2011 (“FY2011”), more than tripled to US$26.6 million on the back of a 182% surge in revenue to US$153.8

about 14 years ago
Enviroserve Orders Two Catamarans from French Boat Builder Navalu
Business & Finance

Enviroserve Orders Two Catamarans from French Boat Builder Navalu

UK wind farm service provider Enviroserve Ltd has ordered two 24 metre wind farm catamarans, from French work boat builder Navalu. The first boat will be named Sea Fox in keeping with the theme on Enviroserve’s other vessels. The first vessel is to be launched in January 2013. Working in close colla

about 14 years ago
Brazil: PGS Hires OceanWorks to Provide Termination Node for Jubarte Field
Business & Finance

Brazil: PGS Hires OceanWorks to Provide Termination Node for Jubarte Field

OceanWorks International announces that it has been selected by Petroleum Geo-Services (PGS) to provide a termination node for the Jubarte SMSI Permanent Reservoir Monitoring (PRM) system for Petrobras in Brazil. The seafloor termination node will provide termination of the Permanent Reservoir Monit

about 14 years ago
Italy: SMIT Salvage Removes Oil from Forward Tanks on Costa Concordia
Business & Finance

Italy: SMIT Salvage Removes Oil from Forward Tanks on Costa Concordia

Since the pumping commenced, the oil removal process has progressed well and at a steady rate. Oil has been removed from all six forward tanks and the hoses, pumps and valves have been disconnected with the flanges sealed off. Following the successful oil removal from the forward ship, the crane bar

about 14 years ago