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Business & Finance

Pelamis Wave Power to Raise Funds for Innovative Work (UK)
Business & Finance

Pelamis Wave Power to Raise Funds for Innovative Work (UK)

Pelamis Wave Power is looking for a buyer to raise funds for its giant sea snake. Pelamis is pursuing efforts to acquire GBP 10 – 20 million for the development. Among potential buyers are BAE Systems, Rolls-Royce, Weir, Siemens, Caterpillar, ABB and Alstom, reports Scotsman. [mappress] Offshore WIN

about 15 years ago
Norway: Bergen Group BMV Wins ‘Polar Duchess’ Rebuilding Contract
Business & Finance

Norway: Bergen Group BMV Wins ‘Polar Duchess’ Rebuilding Contract

Bergen Group BMV AS is awarded a contract for rebuilding work on the high- capacity seismic vessel Polar Duchess. The project generates immediate activity at the yard, and will be completed within en of 1st quarter 2012. The contract, which has a value of approximately NOK 17 million, comprises the

about 15 years ago
Norway: Bergen Group BMV Wins Contract for Rebuilding of MV Polar Duchess
Business & Finance

Norway: Bergen Group BMV Wins Contract for Rebuilding of MV Polar Duchess

Bergen Group BMV AS is awarded a contract for rebuilding work on the high- capacity seismic vessel Polar Duchess. The project generates immediate activity at the yard, and will be completed within en of 1st quarter 2012. The contract, which has a value of approximately NOK 17 million, comprises the

about 15 years ago
Australia: Fugro Bags GWF Subsea Installation Contract from Woodside
Business & Finance

Australia: Fugro Bags GWF Subsea Installation Contract from Woodside

FUGRO-TSM Pty Ltd, has been awarded the Greater Western Flank (GWF) Phase 1 Project Subsea Installation Contract from Woodside Energy Limited. The contract value is in excess of AUD 100 million, with engineering and design work for the project beginning immediately, leading to a peak in offshore ins

about 15 years ago
Norway: Bergen Group to Install New Seismic Equipment onboard Polar Duchess
Business & Finance

Norway: Bergen Group to Install New Seismic Equipment onboard Polar Duchess

Bergen Group BMV AS is awarded a contract for rebuilding work on the high-capacity seismic vessel Polar Duchess. The project generates immediate activity at the yard, and will be completed by the end of 1st quarter 2012. The contract, which has a value of approximately NOK 17 million, comprises the

about 15 years ago

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China: COSL Receives Letter of Endorsement from PTTEP
Business & Finance

China: COSL Receives Letter of Endorsement from PTTEP

China Oilfield Services Limited announces the receipt of a letter of endorsement from the company representative of PTT Exploration and Production Public Company Limited in appreciation of a recently contracted operation performed by the COSL HYSY719 seismic vessel. HYSY719’s crew had overcome many

about 15 years ago
PTTEP Praises COSL HYSY719 Crew for Myanmar Ops
Business & Finance

PTTEP Praises COSL HYSY719 Crew for Myanmar Ops

China Oilfield Services Limited (“COSL”) has received a letter of endorsement from the company representative of PTT Exploration and Production Public Company Limited (“PTTEP”) in appreciation of a recently contracted operation performed by the COSL HYSY719 seismic vessel offshore Myanmar. HYSY719’s

about 15 years ago
South Korea: Marin Teknikk, Shinan Heavy Sign New PSV Deal
Business & Finance

South Korea: Marin Teknikk, Shinan Heavy Sign New PSV Deal

Marin Teknikk AS has signed an agreement with Shinan Heavy Ind. Co., Ltd. in Korea for design and engineering of the company’s new PSV vessel. The vessel is a Multipurpose Field Supply Vessel & Pipe carrier of MT6015 PSV design, with diesel electric frequency controlled propulsion, highly efficient

about 15 years ago
UK: SMD Marks Significant Development in ROV Business
Business & Finance

UK: SMD Marks Significant Development in ROV Business

In August 2008 SMD delivered a Quasar vehicle to the Marine Institute. This vehicle (known as Holland 1) has recently been used in a scientific mission, which discovered a previously unknown ecosystem on the floor of the Atlantic Ocean. Holland 1 was required to operate more than 3km below the surfa

about 15 years ago
Marin Teknikk Enters Deal for New PSV in South Korea
Business & Finance

Marin Teknikk Enters Deal for New PSV in South Korea

Marin Teknikk AS, a company providing engineering services for shipyards and ship owners in the offshore industry has signed an agreement with Shinan Heavy Ind. Co., Ltd. in Korea for design and engineering of the company’s new PSV vessel. The vessel is a Multipurpose Field Supply Vessel & Pipe carr

about 15 years ago

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UK: FIND Maps Releases OceanWise Marine Data and Maps
Business & Finance

UK: FIND Maps Releases OceanWise Marine Data and Maps

FIND Maps, the UK’s most advanced online mapping website for professionals, is now authorized to deliver OceanWise marine datasets. These comprise an international range of Georeferenced Raster GeoTiffs as well as OceanWise Marine Themes (GIS compatible vector data). The Marine Themes datasets are c

about 15 years ago
UK: Safer Subsea Wellhead on the Horizon
Business & Finance

UK: Safer Subsea Wellhead on the Horizon

Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® method of wellhead engineering, announces that Tullow Oil plc, a leading independent oil and gas explorer and producer, has signed up as an additional consulting partner to Plexus’ Jo

about 15 years ago
UK: Tullow Oil Joins Plexus in Development of New POS-GRIP Subsea Wellhead
Business & Finance

UK: Tullow Oil Joins Plexus in Development of New POS-GRIP Subsea Wellhead

Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® method of wellhead engineering, announces that Tullow Oil plc, a leading independent oil and gas explorer and producer, has signed up as an additional consulting partner to Plexus’ Jo

about 15 years ago
South Korea: Naming Ceremony for Two VLCCs at HHI Shipyard
Business & Finance

South Korea: Naming Ceremony for Two VLCCs at HHI Shipyard

Hyundai Heavy Industries, hailed the New Year by naming two 318,000 DWT VLCC (Very Large Crude Oil Carrier) for an Indian shipping line, GESCO today. In the simultaneous naming ceremony, the vessels were named Maneklal Ujamshi Sheth and Ardeshir HBhiwandiwalla, after the former owner and the founder

about 15 years ago