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Business & Finance

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Aker Solutions Provides Subsea Brazil Update, Expects Further Losses in Q3 2011
Business & Finance

Aker Solutions Provides Subsea Brazil Update, Expects Further Losses in Q3 2011

Aker Solutions is currently finalising revised execution plans for delivery of subsea production systems in Brazil. Delivery schedules for all major subsea production systems currently on order from Petrobras has been substantially further delayed and additional costs will accrue, mainly due to the

about 15 years ago
USA: Subsea Tieback Forum and Exhibition to Showcase Sold-Out Exhibit Hall Floor
Business & Finance

USA: Subsea Tieback Forum and Exhibition to Showcase Sold-Out Exhibit Hall Floor

Offshore oil and gas industry professionals from around the world will gather in Galveston March 6 – 8, 2012 for the annual Subsea Tieback Forum & Exhibition at the Moody Gardens Hotel & Convention Center. The sold-out exhibit hall floor has grown over the last ten years to become the largest subsea

about 15 years ago
UK: Farstad Shipping Secures Charter Contract for PSV Far Superior
Business & Finance

UK: Farstad Shipping Secures Charter Contract for PSV Far Superior

Farstad Shipping has been awarded charter contract for PSV Far Superior PSV Far Superior (1990, UT 705L, 3.796 DWT), after a competitive tender exercise, been contracted by Apache North Sea Ltd. for a 2 years firm contract with 1+1 year option. Commencement of the contract is 6 November 2011. Operat

about 15 years ago
Norway: Ekofisk Oil Field Gets Accommodation Platform
Business & Finance

Norway: Ekofisk Oil Field Gets Accommodation Platform

The jack-up vessel «Haven» has been successfully installed at Ekofisk in the North Sea as accommodation platform. The gangway between «Haven» and Ekofisk was connected late July, and has already operated for more than 2 months with satisfied guests . «Haven» can accommodate 447 persons in single cab

about 15 years ago
Aker Solutions Provides Subsea Brazil Update, Expects Further Losses in Q3 2011
Business & Finance

Aker Solutions Provides Subsea Brazil Update, Expects Further Losses in Q3 2011

Aker Solutions is currently finalising revised execution plans for delivery of subsea production systems in Brazil. Delivery schedules for all major subsea production systems currently on order from Petrobras has been substantially further delayed and additional costs will accrue, mainly due to the

about 15 years ago
Canada: TSC Group Secures Contract for Super M2 Jack-up Rig Package
Business & Finance

Canada: TSC Group Secures Contract for Super M2 Jack-up Rig Package

TSC Group Holdings Limited secures a US$ 29.2 million contract for a Super M2 jack-up rig (300 ft) package from CIMC Raffles Shipyard. The deal comes with an option for another similar Super M2 jack-up rig package by the end of this year. TSC Group will design, engineer and provide an integrated dri

about 15 years ago
Polarcus Announces Private Placement of New Equity (U.A.E)
Business & Finance

Polarcus Announces Private Placement of New Equity (U.A.E)

The Board of Directors of Polarcus Limited announces that it has resolved to issue 57,500,000 new shares through a private placement to Sabaro Investments Limited. The new shares were subscribed for at a price of NOK 4.00 per share. Total gross proceeds from the Private Placement will amount to NOK

about 15 years ago
Pelamis Wave Power​ Gets Green Light for Western Isles’ First Wave Farm (UK)
Business & Finance

Pelamis Wave Power​ Gets Green Light for Western Isles’ First Wave Farm (UK)

Pelamis Wave Power, the world’s most advanced wave energy company, has secured an agreement for lease from The Crown Estate to develop a wave farm, large enough to power some 7,000 homes on average – more than meeting the average electricity requirements of Stornoway. The 10MW lease is for a site lo

about 15 years ago
Pelamis Wave Power​ Gets Green Light for Western Isles’ First Wave Farm (UK)
Business & Finance

Pelamis Wave Power​ Gets Green Light for Western Isles’ First Wave Farm (UK)

Pelamis Wave Power, the world’s most advanced wave energy company, has secured an agreement for lease from The Crown Estate to develop a wave farm, large enough to power some 7,000 homes on average – more than meeting the average electricity requirements of Stornoway. The 10MW lease is for a site lo

about 15 years ago
Singapore: ASL Shipyard Wins New Shipbuilding Contracts
Business & Finance

Singapore: ASL Shipyard Wins New Shipbuilding Contracts

The Board of Directors of ASL Marine Holdings Ltd. has announced that its wholly-owned subsidiary ASL Shipyard Pte Ltd has secured new shipbuilding contracts worth approximately S$267 million for the construction of five vessels: Two units Platform Supply Vessels One unit Dredger Two units Barges Th

about 15 years ago
Singapore: ASL Marine Secures New Shipbuilding Contracts
Business & Finance

Singapore: ASL Marine Secures New Shipbuilding Contracts

The Board of Directors of ASL Marine Holdings Ltd. has announced that its wholly-owned subsidiary ASL Shipyard Pte Ltd has secured new shipbuilding contracts worth approximately S$267 million for the construction of five vessels: • Two units Platform Supply Vessels • One unit Dredger • Two units Bar

about 15 years ago
China: Container Ship Zapolyarny Arrives to Shanghai Port
Business & Finance

China: Container Ship Zapolyarny Arrives to Shanghai Port

OJSC MMC Norilsk Nickel informs that Zapolyarny enhanced ice class diesel-electric ship, owned by the Company, has arrived to its destination point – Shanghai port. As reported earlier, on September 14 Zapolyarny container ship left Murmansk port for regular voyage along the Eastern part of Northern

about 15 years ago
Canada: TSC Group Secures USD 29.2 Million Contract for Super M2 Jack-up Rig Package
Business & Finance

Canada: TSC Group Secures USD 29.2 Million Contract for Super M2 Jack-up Rig Package

TSC Group Holdings Limited secures a US$ 29.2 million contract for a Super M2 jack-up rig (300 ft) package from CIMC Raffles Shipyard. The deal comes with an option for another similar Super M2 jack-up rig package by the end of this year. TSC Group will design, engineer and provide an integrated dri

about 15 years ago
Philippines: Nido Petroleum Appoints New COO
Business & Finance

Philippines: Nido Petroleum Appoints New COO

Nido Petroleum Limited announces the appointment of Mr. Philip A. Byrne to the position of Chief Operating Officer. Mr. Byrne will take up his new role upon fulfillment of his notice obligations to his current employer, which will be between the middle of November and the end of December 2011. Mr. B

about 15 years ago
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