Business & Finance
Norway: PGS Reports Record Late Sales Revenues
PGS, a Norwegian company specializing in seismic data acquisition and processing, today reported a strong EBITDA of $534.8 million for full year 2011. Total MultiClient revenues were $501.8 million, up 28% from 2010, with record late sales of $278.3 million. The company’s 2011 net income overall was
Ireland: CeltixConnect Goes Live
Sea Fibre Networks, owner and operator of Europe’s subsea telecoms network, today announced that CeltixConnect, a major fibre gateway that connects Dublin to London and Manchester, is live. This game-changing 144 fibre network enables businesses with the lowest latency solution between Ireland and t
Committee Predicts Bright Future for UK Marine Renewables
The UK could become a leading exporter of wave and tidal power equipment and expertise if the Government adopts a more visionary approach to developing marine renewables, according to a new report by the Energy and Climate Change Select Committee. Technologies that can harness the power of the sea t
UK: Cargotec’s Chain Wheel Manipulator Wins Award
Cargotec’s MacGregor Chain Wheel Manipulator has won Offshore Support Journal’s Innovation of the Year award. The award was announced at the Annual Offshore Support Journal Conference in London on 15 February, and presented to Cargotec’s sales team for Advanced Load Handling in front of an audience
Kongsberg Invests in Future with New Building in Aberdeen, UK
Kongsberg Maritime Ltd has announced an investment of £2 million in the long-term lease of new purpose-built premises in Westhill, Aberdeen. The new building will include a bespoke test tank – the first of its kind in Aberdeen – and the most advanced dynamic positioning simulator on the market. The
DP World Chairman Visits New Terminals in Suriname
HE Sultan Ahmed Bin Sulayem, Chairman of DP World, has visited the company’s new terminals in Suriname, which joined the port operator’s global network just over six months ago. During his visit, Mr. Bin Sulayem met Marcel Mulier, Manager Corporate Affairs Havenbeheer Suriname (Suriname Port Authori
USA: ONR Scientists to Show Undersea Vehicles at Ocean Sciences Meeting
Scientists from the Office of Naval Research (ONR) will convene in Salt Lake City for an international gathering of marine science experts Feb. 20-24. Attendees of the 2012 Ocean Sciences Meeting can visit the ONR-sponsored exhibit booth to view unmanned underwater systems, see video demonstrations
India: HSL Hands Over Third Bulk Carrier from Diamond Series
M.V.Good Trade the third vessel of six 53,000 DWT Diamond series bulk carriers built by Hindustan Shipyard Ltd. (HSL) for M/s Goodearth Maritime Limited, Chennai was delivered , in the august presence of Vice Admiral ANIL CHOPRA, AVSM, Flag Officer Commanding–in–Chief Eastern Naval Command on 17 Feb
Norway: STX Brevik Delivers Island Captain
On Thursday the 16th of February, Island Offshore (IO) took delivery of the MV Island Captain, the newest addition the growing IO fleet. The godmother for the vessel is Mrs. Tonje Tiley from ConocoPhillips. The MV Island Captain’s sister vessel, the MV Island Centurion was delivered in October 2011.
Norway: STX Brevik Delivers New OSV Island Captain
On Thursday the 16th of February, Island Offshore took delivery of its newest member of the fleet, the Island Captain. Godmother for the vessel is Mrs. Tonje Tiley from ConocoPhillips. The Island Captains sister vessel, the Island Centurion, was delivered in October 2011. The two vessels make out to
MaRINET Accepts Applications for EMEC Till March (UK)
Overseas wave and tidal energy technology developers have to apply, until the end of February, for funds to help them access the “scale” test facilities at EMEC, the Orkney-based European Marine Energy Centre. The MaRINET wave and tidal testing funding scheme runs until March 2015 and further calls
MaRINET Accepts Applications for EMEC Till March (UK)
Overseas wave and tidal energy technology developers have to apply, until the end of February, for funds to help them access the “scale” test facilities at EMEC, the Orkney-based European Marine Energy Centre. The MaRINET wave and tidal testing funding scheme runs until March 2015 and further calls
Norway: STX OSV Delivers Island Captain
On Thursday the 16th of February, Island Offshore took delivery of its newest member of the fleet, the Island Captain. Godmother for the vessel is Mrs. Tonje Tiley from ConocoPhillips. The Island Captain’s sister vessel, the Island Centurion, was delivered in October 2011. The two vessels make out t
USA: MOEX Agrees to Pay for Deepwater Horizon Incident
A settlement has been reached between its subsidiaries, MOEX Offshore and MOEX USA Corporation (collectively, MOEX Entities), and the government of the United States of America (United States), with regard to the civil and administrative penalties related to the Deepwater Horizon oil spill incident