Business & Finance
Ezion to Provide Service Rig for Operations Offshore Myanmar
Singapore’s Ezion Holdings Limited has sealed a charter contract with a value of up to USD 118 million over a 3 year period to provide a service rig to be used by a European based multinational oil company to support its oil and gas activities in offshore Myanmar. The Service Rig is expected to be [
Shah Deniz Selects Trans Adriatic Pipeline as Priority Route to Italy
TAP has been selected by Shah Deniz as the pipeline route to Italy. “We will now enter into exclusive negotiations with them on progressing the project. We look forward to progressing the TAP project together with the Shah Deniz Consortium and the Italian, Albanian and Greek Governments” the offical
Denmark: BIMCO, NSA Launch New Edition of SALEFORM
BIMCO and the Norwegian Shipbrokers’ Association (NSA) announce the launch of the new edition of SALEFORM – the industry’s most widely used agreement for the sale and purchase of second hand ships. SALEFORM 2012 builds upon the international success of its predecessor, SALEFORM 93, while retaining t
Deep Sea Minerals to Become Important Asset for Asia Pacific
The head of the Secretariat of the Pacific Community claims deep sea minerals will become an increasingly important asset to a region beset by challenges. SPC developed a legislative framework on deep sea mining, designed to be used as a manual for Pacific countries with sea floor mineral resources.
Swire Pacific Acquires Seabed AS (Norway)
Swire Pacific Offshore Operations (Pte) Limited (SPO) today announced the acquisition of Seabed AS, based in Bergen, Norway. Seabed AS was founded in 2008 by Mr Hans Martin Gravdal, who has more than 30 years of experience within a wide range of subsea operations. Mr Gravdal and his experienced team
The Netherlands: New Upstream International Director for Royal Dutch Shell
Shell announces that Malcolm Brinded has agreed to step down as an Executive Director of the Company with effect from 1 April 2012. Mr Brinded has agreed to remain at Shell until 30 April 2012 in order to assist with the transition of his responsibilities. Mr Brinded is currently Executive Director
Switzerland: ABB Wins DC-based Electric Solution Order
ABB, the leading power and automation technology group, has won an order from ship owner Myklebusthaug Management to supply the first ever direct current (DC) power grid on board a ship. The equipment will allow a new offshore platform support vessel, under construction in Norway, to operate at the
Swire Pacific Acquires Norwagian Seabed AS
Swire Pacific Offshore Operations (Pte) Limited (SPO) announced the acquisition of Seabed AS, based in Bergen, Norway. Seabed AS was founded in 2008 by Mr Hans Martin Gravdal, who has more than 30 years of experience within a wide range of subsea operations. Mr Gravdal and his experienced team will
UK: Atlantis Resources Discusses Construction of New Marine Energy Farm
Atlantis Resources is undergoing talks for constructing a new marine energy farm that would be producing both wind and tidal power. The company is conducting talks with suppliers of transmission components to discuss cabling and converters including a feasibility study for creating the project from
New Budget Proposal, Harwich to Become Wind Port? (UK)
A new budget proposal has increased a chance for Harwich to become a wind port. More than 100 MPs have written to the Prime Minister David Cameron calling for a dramatic cut to the £500 million a year subsidies for onshore wind farms and more influence for the local people to stop them being built.
New Budget Proposal, Harwich to Become Wind Port? (UK)
A new budget proposal has increased a chance for Harwich to become a wind port. More than 100 MPs have written to the Prime Minister David Cameron calling for a dramatic cut to the £500 million a year subsidies for onshore wind farms and more influence for the local people to stop them being built.
Australia: Woodside’s Profit Drops 4.3 pct
Woodside, an independent Australian oil and gas company and one of the world’s leading LNG producers, today reported a full-year profit after tax of $1,507 million, underpinned by continued strong performance from the North West Shelf (NWS) Project and higher revenues. The full-year net profit dropp
Norway: Solstad Offshore Receives Environmental Award
Solstad Offshore won the Environmental award at the Annual Offshore Support Journal (OSJ) 2012 event. The company won the prize for its Green Operations initiative, which has seen the company work with the Rainforest Foundation Norway to reduce emissions and provide funds towards protecting the rain
Australia: INPEX Buys Skire’s Unifier Solution for Ichthys LNG
Intergraph®, provider of enterprise engineering software, and its partner, Skire, have entered into an agreement with INPEX for the purchase of Skire’s Unifier™ solution for the Ichthys LNG project. INPEX selected Unifier as the mega-project’s cost control system after a formal call for tender based