Business & Finance
Norway: Wilhelmsen Ships Service Marks 10 Months of Successful ADC Handling
Since the start of 2011, Wilhelmsen Ships Service (WSS) Ships Agency has been successfully dealing with the needs of vessels calling in European ports with regard to Advanced Cargo Declarations. These regulations require all carriers to pre-alert customs authorities of goods going in and out of the
General Organisation of Sea Ports, Georgian Ministry of Economy Sign MoU
The General Organisation of Sea Ports (GOP) signed a strategic Memorandum of Understanding (MoU) with the Ministry of Economy and Sustainable Development of Georgia for developing mutual co-operation to foster professional maritime training and international certification for seafarers in the Kingdo
ABB Signs 3-Year Deal to Service All BP Norway’s Offshore Fields
ABB, the leading power and automation technology group, signed a three-year frame agreement worth $33 million with BP Norway for maintenance, modification and service of the safety and automation systems of all of its oil field operations on the Norwegian continental shelf. The agreement signed in t
Welltec Finishes Excellent Cleaning Job Offshore (Denmark)
Welltec was given the challenge to remove an unknown amount of sticky substance from an offshore well and to do it on electric line. The challenge was accepted. Initially, the operator did not know exactly how much of the sticky material was present in the well and in case it was just a bridge, it [
Bermuda: Frontline Sells Suezmax Tanker ‘Front Hunter’
Frontline Ltd. has entered into an agreement to sell its 1996-built Suezmax tanker Front Hunter to VTN Shipping Group, a related party. The vessel will cease to trade in the spot tanker market, and delivery is expected to take place in November 2011. The sale will result in a net cash outflow of app
UK: SPE Opens Offshore Achievement Awards 2012 for Entries
The search is launched for the brightest and best talent and achievements in the Energy industry over the last year. The prestigious Offshore Achievement Awards, recently re-launched by the Society of Petroleum Engineers (SPE) Aberdeen section with the support of main sponsor Taqa Bratani, are now o
UAE: ADPC CEO Presents Latest Developments of Kizad and New Khalifa Port
Mr. Tony Douglas, CEO of Abu Dhabi Ports Company, presented to 150 attendees at the Deliotte Middle East Partners Meeting 2011. The event was held at the Intercontinental Hotel in Abu Dhabi, where Mr. Douglas was invited as the guest of honour, to present the latest developments of Kizad (Khalifa In
BMAPA Launches Biodiversity Action Plan for UK Marine Aggregate Industry
As an industry that is responsible for managing a significant portion of the UK seabed, the marine aggregate sector recognises that it has an important role to play in protecting the biodiversity of the sea around our shores. The sector already has a well established sustainable development strategy
Saudi Arabia: Wartsila Provides Propulsion Package for NSCSA’s New Ro-Ro Container Fleet
Wärtsilä, the marine industry’s leading solutions provider, has been awarded the contract to supply the engines and propulsion equipment for six new Ro-Ro container vessels being built for NSCSA, the National Shipping Company of Saudi Arabia. The ships are being built at the MIPO shipyard in South K
UK: Quest for Offshore Energy Industry’s Best Begins
The search is launched today for the brightest and best talent and achievements in the Energy industry over the last year. The prestigious Offshore Achievement Awards, recently re-launched by the Society of Petroleum Engineers (SPE) Aberdeen section with the support of main sponsor Taqa Bratani, are
Welltec Completes Clean-Out Job for Operator on Norwegian Continental Shelf
Continuing on the path of success, Welltec has recently completed another excellent clean-out job for a major operator on the Norwegian Continental Shelf. A well was experiencing problems with fill all the way up to surface of a popular resin often used instead of cement. Welltec quickly mobilized t
DOF Subsea’s DSV Skandi Singapore Secures New Contract in New Zealand
DOF Subsea, a subsidiary of DOF ASA advises that it has secured a campaign of work in the New Zealand Taranaki Basin for the new build DSV Skandi Singapore for an undisclosed sum. The vessel will mobilise for New Zealand on completion of the current work program in Indonesia for Conoco Philips. Wo
DOF Subsea Secures New Contracts for DSV Skandi Singapore in New Zealand
DOF Subsea, a subsidiary of DOF ASA advises that it has secured a campaign of work in the New Zealand Taranaki Basin for the new build DSV Skandi Singapore for an undisclosed sum. The vessel will mobilise for New Zealand on completion of the current work program in Indonesia for Conoco Philips. Wo
Australia: Tap Oil Sales Revenue Doubles
Tap Oil Limited an independent oil & gas exploration and production company with interests in Australia and South East Asia announces quarterly report for the quarter ended 30 September 2011. HIGHLIGHTS Sales revenue of over $28 million – up over 100% due to increased oil liftings Greater Zola Struc