Business & Finance
Norway: Technip Wins Subsea Contracts for Statoil’s Vilje South and Visund North Projects
Technip was awarded two contracts by the international energy company Statoil, worth a total of around €55 million, for the Vilje South field and Visund North developments located in the North Sea at water depths of 120 and 385 meters respectively. These contracts cover: * welding and installation o
UAE: FPSO Athena Enters Final Phase of Conversion Work
According to Ithaca Energy, Athena Development Update activities are progressing as scheduled. The BW Athena FPSO, is undergoing final phases of conversion work in Dubai Dry Dock World. Under the agreement between BW Offshore and Drydocks World scope of work included lengthening of the vessel and fa
UK: Government Invests in Wave and Tidal Research and Development Funds
The government is to invest over £10 million in new research and development to help demonstrate that wave and tidal energy can be generated at scale, and with lower energy production costs. Marine Energy – Supporting Array Technologies is a competition for collaborative R&D funding that will suppor
Canada: NSP’s Tidal Turbine Project Faces Deployment Delay
Nova Scotia Power may have a tidal turbine back in the water this year but it’s more likely to be early 2013, says the CEO of parent company… (thechronicleherald) [mappress] Source: thechronicleherald , January 12, 2012; Image: OpenHydro
Norway: Naming Ceremony for Ulstein Design PSV MV Blue Fighter
The first platform supply vessel (PSV) newbuilding of the PX121 design from ULSTEIN®, M/V Blue Fighter, was named in a formal ceremony at Ulstein Verft, Norway on 12 January. The vessel is the first of two PSVs of the new design under construction at Ulstein Verft for Blue Ship Invest, a shipping co
Norway: Ulstein Launches New Platform Supply Vessel for Blue Ship Invest
Ulstein Group, a group of companies mainly known for its ship building and ship design activities reported today that the first platform supply vessel (PSV) newbuilding of the PX121 design from ULSTEIN®, M/V Blue Fighter, was named in a formal ceremony at Ulstein Verft, Norway on 12 January. The ves
SEP and SSE Raise GBP 95 Million for Green Energy Investments (UK)
Scottish Equity Partners (SEP) has raised a new £95 million fund to invest in innovative green energy businesses in a deal involving the acquisition of a portfolio of clean energy assets from SSE Ventures, the investment arm of FTSE 100 utilities company SSE plc. SEP raised the new secondaries fund
The Netherlands: Transfennica Increases Its Capacity with New Vessels
The Dutch shipowner Transfennica, which links the Port of Bilbao with Zeebrugge three times weekly, has increased its line’s capacity with the introduction of the Kraftca and the Trica. These two new con-ro vessels have replaced the Elizabeth Russ and the Bore Sea and double the present cargo volume
Singapore: Ezra Announces Contract Wins Worth USD 120 Million
Ezra Holdings Limited, a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, today announces two further contract wins worth a total of up to US$120 million for the Group. The offshore support services division, EMAS Marine, has been aw
UAE: ‘World’s Leading Cruise Port’ Award for Dubai Cruise Terminal
Dubai Cruise Terminal, operated by global marine terminal operator DP World and managed by Department of Tourism & Commerce (DTCM), has won the World’s Leading Cruise Port award at the prestigious World Travel Awards 2011 for the fourth consecutive time. Tariq Bin Khalifa, Director, Account Manageme
NSP Likely to Submerge Tidal Turbine in Early 2013 (Canada)
Nova Scotia Power may have a tidal turbine back in the water this year but it’s more likely to be early 2013, says the CEO of parent company Emera. By Joann Alberstat (thechronicleherald) [mappress] Source: thechronicleherald, January 12, 2012; Image: openhydro
NSP Likely to Submerge Tidal Turbine in Early 2013 (Canada)
Nova Scotia Power may have a tidal turbine back in the water this year but it’s more likely to be early 2013, says the CEO of parent company Emera. By Joann Alberstat (thechronicleherald) [mappress] Source: thechronicleherald, January 12, 2012; Image: openhydro
Singapore: Ezra Bags Offshore Deals Worth USD 120 Million
Ezra Holdings Limited, an offshore contractor and provider of integrated offshore solutions to the oil and gas industry, today announces two further contract wins worth a total of up to US$120 million for the Group. The offshore support services division, EMAS Marine, has been awarded a new charter
Portugal: Peniche Plans to Harness Wave Power
Portuguese town Peniche will soon start generating power from the waves on the power plant called WaveRoller. Estaleiros Navais de Peniche has been testing an innovative wave energy structure which weighs 280 tons and is 44 meters long. The prospect of the project is to utilize currents to trigger t