Business & Finance
Australia: Strategic Marine to Support Offshore Oil & Gas Sector with New Facility
Western Australian shipbuilder Strategic Marine will expand its presence in the state’s North West, establishing a new facility at the SINWA site in Karratha. The operation has been established to meet the demands of Strategic Marine’s growing number of clients in the offshore oil and gas sector for
Canada: Ingalls Shipbuilding Uses ShipConstructor Software for Security Cutter Design
Ingalls Shipbuilding, the largest supplier of US surface combatants, has started fabricating its fourth Legend-Class National Security Cutter detail designed using ShipConstructor software. The company has become increasingly efficient during the production of this vessel series. In mid-August, the
Hydratight Expands in India
Global joint integrity specialist Hydratight has opened an office in Bangalore with sister company, Enerpac, to take advantage of a growing market in the region. The India office team will be headed by regional leader Murali Narasimhan, who was previously Hydratight’s area manager for Kuwait and Ind
Norway: Det Norske Wins Honorary Award at University of Tromso
Det norske has, through several years, actively cooperated with research- and educational institutions in northern Norway. “Through various measures, we wish to contribute to socioeconomic gains, and to develop competence in the three northernmost counties. By getting involved in education and indus
Sweden: Scana Secures Order for Production Riser Systems
Scana Industrier ASA has through its subsidiary Scana Subsea Products AB, won a new order for production riser systems to a non-disclosed customer intended for a field development project in the North Sea. Initial value of the order is 18 MSEK with additional options of approx 10 MSEK. Production wi
Hydratight Inaugurates Office in Bangalore, India
Global joint integrity specialist Hydratight has opened an office in Bangalore with sister company, Enerpac, to take advantage of a growing market in the region. The India office team will be headed by regional leader Murali Narasimhan, who was previously Hydratight’s area manager for Kuwait and Ind
Ireland: Providence Announces Delivery of Arctic III Rig
Providence Resources P.l.c., (“Providence”) the London (AIM) and Dublin (ESM) listed oil and gas exploration and production company, announced that it has taken delivery of the GSF Arctic III (“Arctic III”) semi-submersible drilling rig for the upcoming appraisal drilling programme at Barryroe. The
Norway: Aker Proposes Aker Floating Production Acquisition
Norwegian conglomerate Aker said on Monday it was offering to buy Aker Floating Production , which owns and operates two ships that can prod… Reporting by Oslo newsroom (Reuters) [mappress] Source: Reuters, November 7, 2011
Norway: Scana Secures Propeller Systems Contract from STX OSV
Scana Industries ASA has through its subsidiary Scana Volda signed a new contract with STX OSV Trading. The contract value is approx. 24 MNOK for delivery of three gear and propeller systems with remote control for three trawlers of the type FV 01, which is a STX OSV design. The deal also includes a
Ireland: Providence Takes Delivery of Arctic III Rig
Providence Resources P.l.c., (“Providence”) the London (AIM) and Dublin (ESM) listed oil and gas exploration and production company, announced that it has taken delivery of the GSF Arctic III (“Arctic III”) semi-submersible drilling rig for the upcoming appraisal drilling programme at Barryroe. The
Avanti Joins Beijing International Wind Power Exhibition (China)
China has the most important marked for wind industry in the world. During the last five years, the Chinese wind power industry has doubled its capacity every year. Therefore, the Beijing International Wind Power Exhibition has grown year by year. A few years ago it was in a sports hall – this year
The Netherlands: Eneco Appoints Vestas as Preferred Supplier for Offshore Project
Today there is information in the market regarding Vestas having been appointed preferred supplier for an offshore project in the Netherlands. Vestas confirms that Eneco has appointed Vestas preferred supplier for an offshore project in the Netherlands. If this will result in a firm and unconditiona
The Netherlands: Eneco Appoints Vestas as Preferred Supplier for Offshore Project
Today there is information in the market regarding Vestas having been appointed preferred supplier for an offshore project in the Netherlands. Vestas confirms that Eneco has appointed Vestas preferred supplier for an offshore project in the Netherlands. If this will result in a firm and unconditiona
Argentina: Bridas Pulls Out of PAE Transaction
CNOOC Limited announced today that Bridas Corporation (“Bridas”), a 50/50% joint venture between CNOOC International Limited and Bridas Energy Holdings (“BEH”), informed the Company that it sent to BP PLC(“BP”) a letter on November 5 to terminate the transaction to acquire 60% equity interest in Pan