Business & Finance
Estlink 2 to Increase Transmission Capacity Between Finland and Estonia
On November 16, a cornerstone was placed at the Püssi substation in Lüganuse where one of the converter stations for the… Kristopher Rikken (err) [mappress] Source: err, November 16, 2011
Norway: Cosalt Offshore Orders 50-tonne Spool Winch from ACE Winches
Cosalt Offshore, which provides lifting, tooling and marine services to the oil & gas industry, has recently ordered a second 50-tonne spooling winch from ACE Winches as part of a major investment in equipment. The second winch, destined for Norway, was ordered following an increasingly high demand
Hochtief Reports 3Q Net Profit of EUR 98.7 Million (Germany)
HOCHTIEF’s operating business performed as planned in the third quarter of 2011: The Group is in the black, with profit before taxes of EUR 333.0 million and consolidated net profit of EUR 98.7 million. That means HOCHTIEF achieved turnaround in the operating business, although it has not yet fully
PSA Norway Inspects Logistics Practices on Rowan Stavanger Rig
From 18-21 October 2011, the Petroleum Safety Authority Norway (PSA) carried out an audit activity on Rowan Stavanger in connection with an expanded application for an Acknowledgement of Compliance (AoC) for drilling. The audit activity was well facilitated by Rowan. Rowan Stavanger has previously
The Netherlands: Offshore Wind Industry Meets at EWEA OFFSHORE 2011 to Discuss Growth
As Europe faces the danger of recession, one industry is planning massive growth. The European offshore wind industry is set to more than triple its annual investments over the next decade – creating jobs, manufacturing and construction opportunities in many countries. At the end of the month, the w
UK: Tideland Signal to Supply LED Lights for West Franklin
Tideland Signal will supply Saipem with Syncrolan LED light stations and fog signals as temporary marks for the jacket that it is currently fabricating for Total E&P UK’s West Franklin phase two project in the North Sea. To warn nearby shipping, the new wellhead platform will be marked by a Tideland
The Netherlands: Vroon Offshore Services Receives New AHTS Vessel
Today, Wednesday 16 November 2011, Vroon Offshore Services (VOS) took delivery of VOS Artemis from the Fujian Southeast Shipyard in China. VOS Artemis is an “A class” anchor handling tug supply (AHTS) vessel. She is the fourth in a series of six vessels being built for Vroon at this yard, with the r
UK: ICoTA Presents Schlumberger with Coveted Innovation Award
Leading oil and gas body the Intervention & Coiled Tubing Association (ICoTA) has presented its sought-after European Chapter Innovation Award to Schlumberger Slickline’s global perforating and remedial services domain champion, Matthew Billingham, in recognition of the company’s application of tech
Norway: Cosalt Offshore Orders Second Spooling Winch from ACE Winches
Cosalt Offshore, which provides lifting, tooling and marine services to the oil & gas industry, has recently ordered a second 50-tonne spooling winch from ACE Winches as part of a major investment in equipment. The second winch, destined for Norway, was ordered following an increasingly high demand
Maersk Divests Perth Stake, Offshore UK
DEO Petroleum plc announced today that its wholly owned subsidiary DEO U.K. Limited, along with partners Atlantic Petroleum UK Limited & Faroe Petroleum (U.K.) Limited, has agreed, subject to regulatory approvals, to assume Maersk Oil U.K. Limited’s 19.11% interest in the Perth field. Commenting, DE
Norway: EMGS Starts Multi-Client 3D MT Survey in Norwegian Sea
EMGS will in the fourth quarter of 2011 perform a multi-client 3D magnetotelluric (MT) survey covering approximately 3000 km2 in the Møre basin, Norwegian Sea. The project is pre-funded by a major international oil and gas company. EMGS will rig EM Express (formerly the OHM Express) to undertake thi
Norway: GDF Suez E&P Norge Appoints New Managing Director
GDF SUEZ E&P Norge said on its website that as of 01.12.11 Atle Sonesen will replace Terje Overvik as Managing Director. Sonesen joined GDF SUEZ E&P Norge in 2005, and currently holds the position as Head of Asset. He has a Master of Science degree in petroleum technology from the University of Stav
Students Show Interest in Subsea Sector on Subsea UK’s Event
Engineering students were given a slice of subsea action on Thursday, November 10 after Subsea UK held a pizza evening to highlight the industry’s career opportunities. More than 70 students showed their interest in the subsea sector at the learning event which was held at Robert Gordon University.
The Netherlands: Vroon Expands its Fleet with New AHTS Vessel
Vroon Offshore Services (VOS) has added new AHTS vessel to their offshore fleet. Today, Wednesday 16 November 2011 at 14.30 hrs local time, Vroon took delivery of VOS Artemis from the Fujian Southeast Shipyard in China. VOS Artemis is an “A class” anchor handling tug supply (AHTS) vessel. She is the