Business & Finance
Carnegie Completes Site Assessment Study for CETO Project Off Chile
Wave energy developer Carnegie Wave Energy Limited announces the completion of a site assessment study for CETO projects along the Chilean coast and the appointment of a South American Development Partner. Carnegie, in conjunction with its Chilean representative and local development partner has bee
Norway: Fjord1 Launches World’s Largest Gas Ferry
Today Fjord1 will have a naming ceremony for MF Boknafjord, the world’s largest gas ferry. The new eco-friendly ferry, delivered by Fiskerstrand BLRT AS, will serve the Arsvågen-Mortavika route on the Boknafjord in Rogaland County, in addition to making sure the Halhjem-Sandvikvåg route in Hordaland
Norway: Rolls-Royce Wins Design and Integrated Systems Package for Two OSVs
Rolls-Royce, the global power systems company, today announced that it has won a £15 million order, to provide the design, integrated power and propulsion systems and deck equipment for two offshore service vessels for ship owner Island Offshore. The contract includes an option for an additional fou
UK: EnerMech Secures Loan for New Equipment and Facilities
Mechanical engineering services company, EnerMech Ltd, will finish the year with a 100% increase in sales, with 2011 revenue expected to top £103 million compared to £49.5 million last year. The Aberdeen-based company forecast for 2011 will deliver a £10 million profit (EBITDA*) and said revenue nex
The Netherlands: IHC Merwede Secures Orders for Advanced Vessels and Equipment
IHC Merwede has announced that it has recently secured orders for advanced vessels and equipment in its core markets of dredging and offshore to the value of €200million. The latest agreements confirmed by IHC Merwede include: a new pipelaying vessel for Subsea 7; a trailing suction hopper dredger f
Ireland: Providence Announces Barryroe Appraisal Well Update
Providence Resources P.l.c., the London (AIM) and Dublin (ESM) listed oil and gas exploration and production company, today provided an interim update on its appraisal drilling programme in the North Celtic Sea Basin, offshore southern Ireland. The 48/24-10 Barryroe well is located in c. 100 m water
USA: Bruno R. Umbro Jr. Joins Hydroid
Bruno R. Umbro Jr. CFCM, has joined Hydroid, Inc., a Pocasset-based manufacturer of Autonomous Underwater Vehicles (AUVs), as Contracts Manager and Small Business Liaison Officer (SBLO). Umbro brings 15 years of government contracting experience, including positions with Foster Wheeler, ECC and NEIE
Russia: ZNT YARD JSC Starts Construction of Two Icebreaking Tugs for Rosmoport
The 8th of December saw the laying down of keels of two TG04M project shallow-draught icebreaking tugs by ZNT YARD JSC for a FSUE “Rosmoport” Azov basin branch. A new tug is oriented for towing and canting operations or transfer of pilots, members of government and supervisory committees. During roa
Seadrill Expands its Product Range in Brazil
Seadrill Limited, or Seadrill, is contemplating expanding its product range with an ambition to offer a wider range of oilfield services in Brazil. It is the intention that such expansion could include a joint investment with SapuraCrest Petroleum Bhd, or SapuraCrest, which recently, through a wholl
Norway: Island Offshore, Rolls-Royce in OSV Deal
Rolls-Royce, the global power systems company, today announced that it has won a £15 million order, to provide the design, integrated power and propulsion systems and deck equipment for two offshore service vessels for ship owner Island Offshore. The contract includes an option for an additional fou
Seadrill Eyes Brazilian Business Expansion
Seadrill, a Norwegian-Bermudan offshore drilling company with operations around the globe is thinking of expanding its product range with an ambition to offer a wider range of oilfield services in Brazil. It is the intention that such expansion could include a joint investment with SapuraCrest Petro
Cyprus: SeaBird Provides Contracts Updates Regarding its Business Activities
SeaBird Exploration PLC provides a contract update regarding its business activities as set out below: Phase 1 of the Osprey Explorer multiclient survey in Gulf of Mexico was completed in September 2011 (approximately 8,000 km), and SeaBird reports that the first sale under the master license agreem
USA: Alpine Ocean Seismic Survey Adds Geotechnical Services to its Offerings
Alpine Ocean Seismic Survey, the U.S. subsidiary of UK-based Gardline Group, has bolstered its marine data collection offerings with the addition of geotechnical services. Working in conjunction with Gardline Geosciences, a leading global provider of geotechnical services, Alpine is adding a signifi
Statoil: Luva Development Costs Estimated at USD 5.7 Billion
Norway’s energy giant, Statoil, yesterday announced plans for development of Luva Field located in Production Licence 218 (PL 218). The field is situated approximately 140 km north of Norne and some 300 km West of Bodø and lies in 1,300 metres of water. Statoil and its partners Exxon Mobil and Conoc