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Business & Finance

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The Netherlands: Interest in OCTOPUS-DP Software Exceeds Expectations, Amarcon Says
Business & Finance

The Netherlands: Interest in OCTOPUS-DP Software Exceeds Expectations, Amarcon Says

In 2010 Amarcon’s OCTOPUS-DP Capability forecast for efficient offshore DP operations was brought to the market. The OCTOPUS-DP functionality gives offshore vessels the possibility to make optimum use of a safe time window for their weather-sensitive operations. The first installation of the OCTOPUS

about 15 years ago
Gazprom Start Pumping Gas into Nord-Stream Pipeline Between Russia and Germany
Business & Finance

Gazprom Start Pumping Gas into Nord-Stream Pipeline Between Russia and Germany

OAO Gazprom will start pumping gas into a $10 billion subsea natural-gas pipeline from Russia to Germany, bypassing Ukraine, where disputes… (Bloomberg) [mappress] Source: Bloomberg, September 06, 2011;

about 15 years ago
The Netherlands: Interest in DP Capability Forecast Software Exceeds Amarcon’s Expectations
Business & Finance

The Netherlands: Interest in DP Capability Forecast Software Exceeds Amarcon’s Expectations

In 2010 Amarcon’s OCTOPUS-DP Capability forecast for efficient offshore DP operations was brought to the market. The OCTOPUS-DP functionality gives offshore vessels the possibility to make optimum use of a safe time window for their weather-sensitive operations. The first installation of the OCTOPUS

about 15 years ago
Rolls-Royce Bags PSV Design Order from Simek AS, Norway
Business & Finance

Rolls-Royce Bags PSV Design Order from Simek AS, Norway

Rolls-Royce, the global power systems company, has won an order from Norwegian ship builder Simek AS to design and equip a UT755 LC platform supply vessel. The contract includes a fully integrated Rolls-Royce power and propulsion system including main engines, propellers and tunnel thrusters. Deck m

about 15 years ago
China Gets ISBA Nod to Carry Out Subsea Mining and Exploration Activities in South-West Indian Ridge
Business & Finance

China Gets ISBA Nod to Carry Out Subsea Mining and Exploration Activities in South-West Indian Ridge

China’s application to carry out deep sea mining and exploration activities in South-West Indian Ocean Ridge has been approved by Internatio… (zeenews) [mappress] Source: zeenews, September 06, 2011;

about 15 years ago
Osaka Gas Eyes Equity Stake in Ichthys Project, Offshore Australia
Business & Finance

Osaka Gas Eyes Equity Stake in Ichthys Project, Offshore Australia

Japan’s second largest city gas utility Osaka Gas is in talks with Inpex for its Ichthys LNG output and an equity stake in the project in… By Takeo Kumagai (Platts) [mappress] Source:Platts ,September 6, 2011;

about 15 years ago
China: Kawasaki Heavy Delivers Bulk Carrier for KAW 1655 Shipping S.A.
Business & Finance

China: Kawasaki Heavy Delivers Bulk Carrier for KAW 1655 Shipping S.A.

Kawasaki Heavy Industries, Ltd. has recently delivered the Cape Sasanqua bulk carrier, with a capacity of 205,000 DTW (Kawasaki hull no. 1655, NACKS hull no. 97), for KAW 1655 Shipping S.A. at Nantong COSCO KHI Ship Engineering Co., Ltd. (NACKS) in Nantong, China. Features of the Cape Sasanqua – The

about 15 years ago
Osprag Reveals New Oil Well-Capping Device at Offshore Europe 2011 (UK)
Business & Finance

Osprag Reveals New Oil Well-Capping Device at Offshore Europe 2011 (UK)

A major piece of new equipment, designed to be a key element of the UK offshore oil and gas industry’s oil spill response capability, has been constructed, tested and is available for deployment. The capping device is to be revealed today (6 September) by Energy Minister, Charles Hendry MP, at the S

about 15 years ago
NYK-TDG Maritime Academy Approved by Japan’s MLIT
Business & Finance

NYK-TDG Maritime Academy Approved by Japan’s MLIT

The NYK-TDG Maritime Academy (NTMA) is one of the first three maritime academies to have been recognized by Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT) under a new certification program for graduates of overseas maritime academies. The NTMA is jointly run by NYK and busine

about 15 years ago
WHOI-Led Study Determines How Much Oil and Gas Flowed in Deepwater Horizon Spill (USA)
Business & Finance

WHOI-Led Study Determines How Much Oil and Gas Flowed in Deepwater Horizon Spill (USA)

In a detailed assessment of the Deepwater Horizon oil spill, researchers led by a team from the Woods Hole Oceanographic Institution (WHOI) have determined that the blown-out Macondo well spewed oil at a rate of about 57,000 barrels a day, totaling nearly 5 million barrels of oil released from the w

about 15 years ago
Bahamas Petroleum Finalising Appointment of New CEO
Business & Finance

Bahamas Petroleum Finalising Appointment of New CEO

The board of Bahamas Petroleum announces that the Company is in the process of finalising the appointment of Simon Potter as Chief Executive Officer of the Company. Mr Potter’s appointment is subject to final approval from the Company’s nominated adviser. Simon brings over 30 years of international

about 15 years ago
UK: Aubin Successfully Completes GLS Field Trials
Business & Finance

UK: Aubin Successfully Completes GLS Field Trials

Aubin, a leading independent supplier of specialist chemicals to the energy industry, has successfully completed offshore sea trials for the recently launched Gel Lift System (GLS). GLS, a potentially game-changing new product that could save millions of pounds when installing offshore renewables in

about 15 years ago
Bahamas Petroleum to Finalise Appointment of Simon Potter as Chief Executive Officer
Business & Finance

Bahamas Petroleum to Finalise Appointment of Simon Potter as Chief Executive Officer

The board of Bahamas Petroleum noted press speculation over the weekend and announced that the Company is in the process of finalising the appointment of Simon Potter as Chief Executive Officer of the Company. Mr Potter’s appointment is subject to final approval from the Company’s nominated adviser.

about 15 years ago
Norway: Noreco Reports August Production of 3.995 BOEPD
Business & Finance

Norway: Noreco Reports August Production of 3.995 BOEPD

Norwegian Energy Company ASA (Noreco) in August 2011 produced 3,995 barrels of oil equivalents (boe) per day. Net realized oil price was USD 110 per boe after adjustments for oil put options, inventory, NGL and gas prices. Production per field (boe): Nini East – 2.287 Nini – 950 Cecilie – 354 Lulita

about 15 years ago
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