Business & Finance
The Netherlands: VOSTA LMG Presents New, Patented Ball Joint at Europort
VOSTA LMG to present a new, patented ball joint design at the Europort exhibition in Rotterdam. The revolutionary new design, based on GREENFORCE technology, provides full wear liner protection and will result in less power and fuel consumption, less CO2 emission, less wear and has the possibility t
Germany: Naval Ship Classification Association Elects New Chairman
The Naval Ship Classification Association (NSCA) has elected Lorenz Petersen, Germanischer Lloyd’s Business Segment Manager for Navy Vessels, as Chairman of the Association, at their annual general meeting in Rome. The NSCA is the naval counterpart of the International Association of Classification
Norway: WGP Completes Valhall Operational Survey for BP
With LoFS 14 now completed on schedule and without incident this closes another successful year of operating the portable source system for BP Norge AS, operator of the Valhall Field. LoFS 14 was WGP’s third operational survey of the Valhall field utilising the source sub-arrays of Thalassa Energy S
ONGC Awards Offshore India EPCI Job to McDermott
McDermott International, Inc. announced today that one of its subsidiaries has won an engineering, procurement, construction and installation (“EPCI”) project for Oil and National Gas Corporation Ltd.’s (“ONGC”) Cluster 7 Development Program. The value of this award will be included in McDermott’s t
Subsea UK Announces 2012 Subsea Business Awards
Subsea UK is urging companies and individuals to nominate their outstanding achievements for the prestigious 2012 Subsea Business Awards. The highly coveted subsea industry awards which are now in their sixth year celebrate innovation and excellence across the subsea sector and recognise exceptional
Damen Signs Contract to Build Stan Patrol 2606 Boat at Astinave Yard in Ecuador
At the end of September Damen has signed a contract to start building a Stan Patrol 2606 at Astinave yard in Ecuador. This project is the next step in the successful cooperation between Astinave and Damen. In recent years Damen delivered a Stan Tug 1405, a Stan Tug 1606, two CSD’s 450 and two CSD’s
Norway: WGP Completes LoFS 14 Survey on Valhall Field
With LoFS 14 now completed on schedule and without incident this closes another successful year of operating the portable source system for BP Norge AS, operator of the Valhall Field. LoFS 14 was WGP’s third operational survey of the Valhall field utilising the source sub-arrays of Thalassa Energy S
Northern Ireland: Rohde Nielsen Wins Warrenpoint Harbour Maintenance Dredging Contract
After a successful tendering procedure managed by Anthony D Bates Partnership, which involved bids from seven international dredging contractors, Rohde Nielsen A/S have been awarded the maintenance dredging contract for Warrenpoint Harbour in Northern Ireland. The contract includes the dredging of t
UK: Jee Introduces New Ways to Help Fill Engineering Skills Gap
As companies in the oil and gas industry struggle to find experienced and knowledgeable engineers, Jee, a subsea engineering and training specialist, is introducing new ways to help fill the skills gap. In doing this Jee is not only supporting its own recruitment drive but also helping a number of i
USA: Apache 3Q Production and Profit Rise Year-on-Year
Apache Corporation reported production of 752,000 barrels of oil equivalent (boe) per day and earnings of $983 million, or $2.50 per diluted share, for the three-month period ending Sept. 30, 2011. These compare with production of 667,000 boe per day and net income of $765 million, or $2.12 per dilu
Greece: FreeSeas Sells Handymax Dry Bulk Carrier MV Free Lady
On October 3, 2011, FreeSeas, a transporter of dry-bulk cargoes through the ownership and operation of a fleet of Handysize and Handymax vessels, entered into an agreement to sell the M/V Free Lady, a 2003-built, 50,246 dwt Handymax dry bulk carrier, for a sale price of approximately $21.9 million.T
McDermott Secures EPCI Contract Offshore India
McDermott International, Inc. announced that one of its subsidiaries has won an engineering, procurement, construction and installation (“EPCI”) project for Oil and National Gas Corporation Ltd.’s (“ONGC”) Cluster 7 Development Program. The value of this award will be included in McDermott’s third q
Finland: Arctech Starts Production of Second Icebreaking Vessel for Sovcomflot
Arctech Helsinki Shipyard Inc. started the production of second icebreaking supply vessel for Russian shipping company Sovcomflot at the Helsinki Shipyard 2 November 2011. Both vessels will be delivered in April 2013. The main purpose for the vessels is to supply the Arkutun-Dagi oil and gas product
Finland: Arctech Starts Construction of 2nd Supply Vessel for Sovcomflot
Arctech Helsinki Shipyard Inc. started the production of second icebreaking supply vessel for Russian shipping company Sovcomflot at the Helsinki Shipyard 2 November 2011. Both vessels will be delivered in April 2013. The main purpose for the vessels is to supply the Arkutun-Dagi oil and gas product