Business & Finance
Germany: ISA, Egg & Dart to Build New Explorer 58 m Superyacht
Italian yacht builder ISA and German design firm Egg & Dart join forces on a relatively new design, an Explorer 58-meter superyacht called “Ranger”. Egg & Dart are actually handling both the exterior and interior designs while ISA will build the vessel. The 58M Ranger is an Explorer styled yacht but
Norway: Atla Represents Det Norske’s Debut in Field Development
Today, the plan for development and operation (PDO) of Atla was approved by the Ministry of Petroleum and Energy. This will be the first field development Det norske participates in. It represents Det norske´s debut, and the first out of many to come over the next few years. The plan for development
DONG Energy EBITDA Up to USD 2.2 Billion (Denmark)
The Board of Directors of DONG Energy has today approved the interim financial report for the first nine months of 2011 with the following outlook and key performance indicators compared with the first nine months of 2010: EBITDA was DKK 11.7 billion, up from DKK 10.6 billion in the first nine month
Norway: Det Norske Debuts in Field Development
Today, the plan for development and operation (PDO) of Atla was approved by the Ministry of Petroleum and Energy. This will be the first field development Det norske participates in. It represents Det norske´s debut, and the first out of many to come over the next few years. The plan for development
USA: TDW Completes First-Ever Subsea STOPPLE Train Isolation
T.D. Williamson, Inc. (TDW), a global provider of pipeline equipment and services, announced completion of the first-ever subsea STOPPLE® Train isolation. The patented STOPPLE® Train plugging system links two plugging heads into a “train” capable of providing the added assurance of double block at e
Denmark: Clipper Partner Urges Shipowners to Join Forces in Piracy Battle
Clipper Group partner Per Gullestrup says the nationality of seafarers taken hostage in piracy attacks has had a marked impact on the international response to the crisis. Some 94% of crew members taken hostage so far by Somali pirates have come from developing countries, he adds. “I can guarantee t
The Netherlands: RESON to Present New Specialised SeaBat 7101-FLOW at EUROPORT
From 8th to 11th November, 2011, RESON, a market leader in underwater acoustic sensors, state-of-the-art echo sounders, multibeam sonar systems, transducers, hydrophones, and PDS2000 software, will be exhibiting at EUROPORT 2011, at Ahoy in Rotterdam. RESON will be exhibiting their new specialised S
Qatar: Samena Renews Emphasis on ICT to Drive Region’s Economic Growth
The South Asia, Middle East and North Africa (Samena) Telecommunications Council has appointed Gulf Bridge International (GBI) as the inaugural Subsea Working Group chair and the David Ross Group as the co-chair at this week’s conference: “The Role of ICT in Driving Economic Growth.” The working gro
USA: FMC Technologies’ EVP and CEO Steps Down
FMC Technologies, Inc. announced today changes to its Executive Leadership Team. Bill Schumann, Executive Vice President and Chief Financial Officer, has chosen to retire from FMC Technologies after 30 years of service with the Company, effective August 31, 2012. In addition, he will step down as Ch
Thailand: Aibel to Deliver Modules for Modec’s Offshore Production Vessel
Aibel Thailand has been awarded a letter of intent by Modec. The work is to deliver modules to an offshore production vessel. The estimated value of the contract is 20 million US dollars (approximately NOK 110 million). “This is an important contract to our office in Thailand. It secures work for us
USA: FMC Technologies Announces Executive Leadership Team Changes
FMC Technologies, Inc. announced changes to its Executive Leadership Team. Bill Schumann, Executive Vice President and Chief Financial Officer, has chosen to retire from FMC Technologies after 30 years of service with the Company, effective August 31, 2012. In addition, he will step down as Chief Fi
Modec Orders FPSO Modules from Aibel Thailand
Aibel Thailand has been awarded a letter of intent by Modec. The work is to deliver modules to an offshore production vessel. The estimated value of the contract is 20 million US dollars (approximately NOK 110 million). “This is an important contract to our office in Thailand. It secures work for us
The Netherlands: MAN Rollo, Bodewes Binnenvaart Collaborate on LNG Propulsion Project
Never before has an inland tanker been built, powered by 100% LNG (Liquefied Natural Gas) propulsion. Currently three different projects have been filed for approval by the European Commission. One of such projects is the result of a collaboration between Bodewes Binnenvaart B.V. (part of DAMEN Ship
UK: SeeByte Announces Partnership Agreement with VideoRay
SeeByte, the global leader in creating smart software technology for unmanned systems, and VideoRay the world leader in Inspection Class-ROV technology, have announced their decision to enter a partnership with the aim of developing solutions to improve value to their customers. The decision follows