Business & Finance
GBP 6 Million Available for Wave and Tidal Projects Through WATERS (Scotland)
The marine and tidal energy sector is to benefit from £6 million in funding to further develop testing of new wave and tidal prototypes in the seas around Scotland. Scottish Enterprise is launching a second round of the remaining competitive funding from the initial WATERS £13 million fund, launched
GBP 6 Million Available for Wave and Tidal Projects Through WATERS (Scotland)
The marine and tidal energy sector is to benefit from £6 million in funding to further develop testing of new wave and tidal prototypes in the seas around Scotland. Scottish Enterprise is launching a second round of the remaining competitive funding from the initial WATERS £13 million fund, launched
Cyprus: Songa Offshore Reports 4Q Income
Songa Offshore, an international offshore drilling company operating a fleet of 6 semi-submersible rigs with an additional 2 on order, reports total comprehensive income for the fourth quarter of 2011 of USD 35.8 million. Operating revenue for the fourth quarter was USD 96.3 million. This includes m
First Bulk Carrier Arrives at Port of Soma Since Japan Earthquake
The 87,000 DWT NYK-operated bulk carrier, Shirakumo, arrived at the port of Soma’s wharf No. 5 in Fukushima prefecture on February 9. Shirakumo is the first coal carrier to berth at the wharf since the Great East Japan Earthquake. The ship was carrying 63,000 tons of coal from Newcastle, Australia,
Norway: Det Norske Drills Duster in North Sea
Det norske oljeselskap ASA, operator of production licence 414, is in the process of concluding the drilling of wildcat well 25/6-4 S. The well is being drilled in the central part of the North Sea, about 20 km southeast of the Frøy field and 37 km northeast of the Heimdal field. The primary explora
USA: Nexans Acquires AmerCable
Nexans, a worldwide leading expert in the cable industry, makes a major investment in the growing Mining, Oil & Gas and Renewable Energy cable markets. Nexans has agreed to acquire AmerCable Holdings Inc. (“AmerCable”), the #1 producer of primarily Mining, Marine Oil & Gas and other industrial cable
Norway: Kvaerner Nets Hild Jacket EPSC Contract
Total E&P Norge AS has awarded Kvaerner an EPSC-contract (Engineering, Procurement, Supply and Construction) of close to NOK 1.2 billion for delivery of a steel jacket to be located at the Hild Field offshore the Norwegian North Sea. “We are very pleased to have won our second jacket this year in to
Norway: Kvaerner’s Jacket for Total’s Hild
Total has awarded Kvaerner an EPSC-contract (Engineering, Procurement, Supply and Construction) of close to NOK 1.2 billion (USD 209 million) for delivery of a steel jacket to be located at the Hild Field offshore the Norwegian North Sea. “We are very pleased to have won our second jacket this year
USA: Naming Ceremony for New Safmarine’s MPV at Port of Savannah
Steamship company Safmarine held a naming ceremony in Savannah for its newest vessel, the Sahara, Friday. Built at the Wuhu Xinlian Shipyard in China, the ship is Safmarine’s second newly-built multi-purpose vessel (MPV), which allows the service to handle both containerized and break bulk cargo. “W
Australia: Veritas Viking II Completes Zeppelin 3D Seismic Acquisition
MEO Australia Limited advises that the S/R Veritas Viking II completed acquisition of the Zeppelin 3D seismic survey in AC/P50 & AC/P51 in the Ashmore Cartier region of the Timor Sea (Vulcan sub-basin) at 06:27 (WST) on 11th February 2012. A total of 508 km2 of full fold data was recorded. Regulator
Australia: MEO Completes Zeppelin 3D Seismic Acquisition
MEO Australia Limited advises that the S/R Veritas Viking II completed acquisition of the Zeppelin 3D seismic survey in AC/P50 & AC/P51 in the Ashmore Cartier region of the Timor Sea (Vulcan sub-basin) at 06:27 (WST) on 11 th February 2012. A total of 508 km 2 of full fold data was recorded. Regulat
UK: Tidal Transit Wins Workers Transfer Contract to Greater Gabbard Wind Farm
A Norfolk-based company has secured a contract to transfer workers between Lowestoft and a proposed Greater Gabbard wind farm offshore Suffolk, reports EDP 24. The five-month contract worth GBP 300.000 will help Tidal Transit create three new jobs. The wind farm, which is located 25 kilometres off t
The Netherlands: Damen Stan Tugs Arrive in Gorinchem from Chinese Yard
This week, 10 Damen Stan Tugs arrived in Gorinchem: 4 x STu 1606, 4 x STu 1205 and 2 x STtu 1004. The tugs were built at Damen Shipyards Changde, one of Damen’s six locations in China. Both Damen’s Stan Tug and ASD Tug series are regularly built for delivery from stock, which reduces delivery [&hell
Qatar: Milaha Increases Stake in LNG Carriers
Milaha, previously known as Qatar Navigation, today announced that its fully-owned subsidiary, Qatar Shipping Company, has signed an agreement to increase its stake in two LNG carriers. Qatar Shipping Company, represented by Mr. K. K. Kothari, Chief Executive Officer of Qatar Shipping, and Dr. Salem