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Business & Finance

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Converteam to Manufacture Drilling Drives for Brazilian Offshore Market
Business & Finance

Converteam to Manufacture Drilling Drives for Brazilian Offshore Market

Power conversion specialist Converteam has announced its readiness to commence manufacture of its variable frequency drilling drives and medium voltage switchboards at its production facility in Betim close to Belo Horizonte in Brazil. Preparations, which have been ongoing over a period of several m

about 15 years ago
Aker Solutions Appoints Bengt Larssen as Head of Geo Business (Norway)
Business & Finance

Aker Solutions Appoints Bengt Larssen as Head of Geo Business (Norway)

Aker Solutions has appointed Bengt Larssen as head of its geo business. Mr Larssen has since February 2010 been with Aker Solutions’ geo business as vice president exploration. Prior to Aker Solutions he has spent 16 years in various management positions at Schlumberger/Western Geco, operating as ge

about 15 years ago
Superior Offshore Bankruptcy Committee Accuses Former Managers in Lawsuit (USA)
Business & Finance

Superior Offshore Bankruptcy Committee Accuses Former Managers in Lawsuit (USA)

A Superior Offshore International Inc bankruptcy committee accused four former managers in a lawsuit of taking millions of dollars from IPO… (subseauk) [mappress] Source: subseauk, August 29, 2011;

about 15 years ago
Technip Malaysia Submits Bid for Deepwater Job Worth USD 335.6 M
Business & Finance

Technip Malaysia Submits Bid for Deepwater Job Worth USD 335.6 M

Technip Malaysia has submitted a bid for a deepwater job worth RM1 billion. “We are bidding for the design and managing the fabrication… Bernama [mappress] Source: Bernama, August 29, 2011;

about 15 years ago
COSLPioneer Semi-Submersible Rig Starts Operation Offshore Norway
Business & Finance

COSLPioneer Semi-Submersible Rig Starts Operation Offshore Norway

China Oilfield Services Limited today announced that its semi-submersible drilling platform COSLPioneer has commenced operation after fulfilling the technical requirements of Statoil ASA, a Norwegian energy company. Drilling platforms operating in the North Sea have to be equipped with technological

about 15 years ago
The Netherlands: North Sea Tankers Announces New Addition to Their Fleet
Business & Finance

The Netherlands: North Sea Tankers Announces New Addition to Their Fleet

North Sea Tankers announces the latest addition to their fleet, M/T Bomar Mercury (Ex. Görkem Bey), recently purchased by North Sea Tankers tonnage partner Borealis Maritime Ltd. The delivery to NST is expected for the second week of September and M/T Bomar Mercury will be Borealis Maritime’s third

about 15 years ago
Turkey: Palmali Launches New Tanker GOBUSTAN
Business & Finance

Turkey: Palmali Launches New Tanker GOBUSTAN

Launching ceremony of new tanker, named Gobustan, took place on August 27, 2011 at Besiktas Shipyard, Yalova (Turkey). PALMALI is committed to providing a professional ship management service in a competent cost effective manner, in order to meet the requirements of its customers as well as discharg

about 15 years ago
OOCL Orders Two Super-Post Panamax Gantry Cranes for KAOCT, Taiwan
Business & Finance

OOCL Orders Two Super-Post Panamax Gantry Cranes for KAOCT, Taiwan

OOCL announces that two Super-PostPanamax gantry cranes will be installed at OOCL Kaohsiung Container Terminal (KAOCT) in Kaohsiung Port, Taiwan. The crane procurement is part of a service enhancement project to expand KAOCT’s capabilities. Currently, there are six PostPanamax gantry cranes in opera

about 15 years ago
Australia: Austal Delivers Two 47m High Speed Catamaran Ferries
Business & Finance

Australia: Austal Delivers Two 47m High Speed Catamaran Ferries

Two 47 metre high speed catamaran ferries departed Austal’s Henderson shipyard this week bound for Guadeloupe, where they will shortly commence operations for long-standing Austal customer L’Express des Iles. Austal was selected by L’Express des Iles in June 2010 for the design and construction of t

about 15 years ago
Japan: NYK President Holds Safe Ship Operations Meeting with Captains and Chief Engineers
Business & Finance

Japan: NYK President Holds Safe Ship Operations Meeting with Captains and Chief Engineers

On August 24, NYK president Yasumi Kudo held a meeting with six captains and chief engineers at the NYK headquarters in Tokyo. During the meeting, President Kudo and the ship officers exchanged opinions about the safe operation of the NYK fleet, and President Kudo then issued instructions to further

about 15 years ago
Denmark: Investments Show Way Forward for Maersk Group
Business & Finance

Denmark: Investments Show Way Forward for Maersk Group

The Group’s strong cash flow and healthy balance sheet make it possible to invest in long term profitable growth of our core businesses in spite of short term market volatility and risks. In the first half-year of 2011 alone, the Group has executed and committed to new investments of more than USD 1

about 15 years ago
Statoil Discovers Gas/Condensate Near Sleipner Field, Offshore Norway
Business & Finance

Statoil Discovers Gas/Condensate Near Sleipner Field, Offshore Norway

Statoil Petroleum AS, operator of production licence 569, is in the process of completing the drilling of wildcat well 16/7-10. The well proved gas/condensate. The well was drilled 16 kilometres northeast of the Sleipner Øst field in the North Sea. The purpose of the well was to prove petroleum in P

about 15 years ago
Russia: Platform Reaches Prirazlomnoye Field in Pechora Sea
Business & Finance

Russia: Platform Reaches Prirazlomnoye Field in Pechora Sea

Yesterday the Prirazlomnaya offshore ice-resistant stationary platform has been delivered to the Prirazlomnoye field in the Pechora Sea. Experts are to fix the platform on the seafloor at a previously prepared site. Afterwards, they will start to surface the platform perimeter with crushed rock and

about 15 years ago
Malaysia: Technip Submits Bid for Deepwater Project Worth USD 335.6 Million
Business & Finance

Malaysia: Technip Submits Bid for Deepwater Project Worth USD 335.6 Million

Technip Malaysia has submitted a bid for a deepwater job worth RM1 billion. “We are bidding for the design and managing the fabrication … Source: Bernama [mappress] Source: Bernama, August 29, 2011;

about 15 years ago
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