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Business & Finance

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Statoil Scores Brace at Peregrino South, Offshore Brazil
Business & Finance

Statoil Scores Brace at Peregrino South, Offshore Brazil

Statoil today announces discoveries in both side tracks on the Peregrino South well, immediately adjacent to the newly opened Peregrino field offshore Brazil. The estimates of recoverable volumes in Peregrino South are between 150 – 300 million boe. This discovery brings a phase two development of t

about 15 years ago
UK: Lloyd’s Register Publishes its Latest Guidance on BWT Technologies
Business & Finance

UK: Lloyd’s Register Publishes its Latest Guidance on BWT Technologies

The fourth edition of Lloyd’s Register’s popular guide, Ballast Water Treatment Technology, has been released. With the International Maritime Organization’s Ballast Water Convention potentially coming into force as early as next year, ship-owners, managers and operators should be planning now for r

about 15 years ago
Viper Subsea Wins Award for Brand at Media Innovation Awards (UK)
Business & Finance

Viper Subsea Wins Award for Brand at Media Innovation Awards (UK)

Viper Subsea won the award for brand at the Media Innovation Awards. During their rebranding in 2010, Viper Subsea worked with, and through, The Design Programme to help define the business branding needs. Bath agency Mytton Williams were subsequently selected as design agency for the entire re-bran

about 15 years ago
Damen Dredging Equipment Delivers Another Four Cutter Suction Dredgers to Iraq
Business & Finance

Damen Dredging Equipment Delivers Another Four Cutter Suction Dredgers to Iraq

Damen Dredging Equipment has delivered 4 cutter suction dredgers to the Iraqi Ministry of Water Resources. The Ministry, who already had several Damen dredgers in their fleet, will use the dredgers for maintenance dredging on the rivers and throughout the central plains. The 4 cutter suction dredger

about 15 years ago
Petrobras Approves Delivery of READ’s New Permanent Reservoir Monitoring System (Brazil)
Business & Finance

Petrobras Approves Delivery of READ’s New Permanent Reservoir Monitoring System (Brazil)

The Brazilian National Oil Company, Petrobras has approved delivery of READ’s new and innovative Permanent Reservoir Monitoring (PRM) System, the PerForM™. An audit and Final Acceptance Test (FAT) of the system was completed by Petrobras representatives at READ’s facilities in Houston, Texas, in Apr

about 15 years ago
Australia: Strategic Marine Hands Over Offshore Workboats to Saipem Leighton Consortium
Business & Finance

Australia: Strategic Marine Hands Over Offshore Workboats to Saipem Leighton Consortium

Strategic Marine will hand-over four new workboats to the Saipem Leighton Consortium next week for use on the Chevron operated Gorgon Project. The contract is valued at just under AU$1M. The vessels have been built at the company’s Henderson Shipyards and are expected to be used to transport workers

about 15 years ago
USA: Petrobras Gives Nod for Delivery of READ’s PerForM System
Business & Finance

USA: Petrobras Gives Nod for Delivery of READ’s PerForM System

The Brazilian National Oil Company, Petrobras has approved delivery of READ’s new and innovative Permanent Reservoir Monitoring (PRM) System, the PerForM™. An audit and Final Acceptance Test (FAT) of the system was completed by Petrobras representatives at READ’s facilities in Houston, Texas, in Apr

about 15 years ago
New Zealand: Lobster Fisherman Orders Fourth WASSP Multibeam Sonar
Business & Finance

New Zealand: Lobster Fisherman Orders Fourth WASSP Multibeam Sonar

A New Zealand Lobster fisherman has had such great success with WASSP Multi Beam Sonar in his fleet, that he has ordered a fourth unit to be fitted to his newest vessel. Trevor Burkhart and his family have been actively involved in the New Zealand Lobster fishing industry since it’s commercial incep

about 15 years ago
Singapore: Jurong Shipyard Orders Drilling Equipment from TTS for New Jack-Up Rig
Business & Finance

Singapore: Jurong Shipyard Orders Drilling Equipment from TTS for New Jack-Up Rig

Through its subsidiary TTS Energy AS, TTS Group ASA has signed a Letter of Intent with Jurong Shipyard Pte Ltd in Singapore, for delivery of a high performance drilling equipment package for a new CJ70 Jack-up to be built for North Atlantic Drilling Ltd. The contract has a value of approximately NOK

about 15 years ago
UK: OSD-IMT Chosen to Develop Detailed Design for Boskalis-SMIT Cable Laying Vessel
Business & Finance

UK: OSD-IMT Chosen to Develop Detailed Design for Boskalis-SMIT Cable Laying Vessel

OSD-IMT, the UK arm of Offshore Ship Designers, has been chosen by Samsung and Boskalis-SMIT Engineering to develop the basic design, detailed design and production drawings for a 99 m cable laying vessel. Neil Patterson, managing director of OSD-IMT, says, “This project illustrates perfectly the st

about 15 years ago
Germany: Towards a Cleaner Maritime Industry
Business & Finance

Germany: Towards a Cleaner Maritime Industry

In a world increasingly dominated by the need to reduce environmental impacts, what role does shipping have to play? Technological solutions exist, but which will prove to be the most beneficial and cost effective, and which lie over the horizon? What impact will the other players in the marine and

about 15 years ago
Norway: Lunde to Resign as CEO of Fred.Olsen Production
Business & Finance

Norway: Lunde to Resign as CEO of Fred.Olsen Production

The Board of Fred Olsen Production ASA informs that Mårten Lunde will resign as CEO of the Company on 31 July 2011. The Board has decided to appoint CFO Jørn Røkaas as acting CEO as from 1 August. The Board regrets Lunde’s decision to leave the company and will thank him for his contribution to [&he

about 15 years ago
UK: OSD-IMT Wins Boskalis-SMIT Cable Laying Vessel Design Contract
Business & Finance

UK: OSD-IMT Wins Boskalis-SMIT Cable Laying Vessel Design Contract

OSD-IMT, the UK arm of Offshore Ship Designers, has been chosen by Samsung and Boskalis-SMIT Engineering to develop the basic design, detailed design and production drawings for a 99 m cable laying vessel. Neil Patterson, managing director of OSD-IMT, says, “This project illustrates perfectly the st

about 15 years ago
Marine Simulation Announces Release of Next Generation ROV Simulators (USA)
Business & Finance

Marine Simulation Announces Release of Next Generation ROV Simulators (USA)

Marine Simulation LLC announced the release of ROVsim2 O&G and ROVsim2 Pro – their new family of next generation undersea robotics training simulator systems. ROVsim2 reflects an important step in the development of 3D simulation and integrates a number of important new features and enhancements, in

about 15 years ago
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