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Business & Finance

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Quest for Oil in Norway: Where it All Began
Business & Finance

Quest for Oil in Norway: Where it All Began

A small piece of history: The search for oil and gas in Norway started earlier, and a very different place than most people think. The first well in the North Sea was completed in the summer of 1966, and the first discovery, Ekofisk, was made in 1969. Already in the late 50’s, the brothers Einar [&h

about 15 years ago
Finland: Cargotec Contributes Clean Efficient Cargo Handling to DNVs Ecore VLOC Concept
Business & Finance

Finland: Cargotec Contributes Clean Efficient Cargo Handling to DNVs Ecore VLOC Concept

DNV has initiated a concept study together with industry partners – FKAB, MAN Diesel & Turbo, TGE Marine and Cargotec – to design a very large ore carrier (VLOC). The objective is to introduce innovative solutions that increase efficiency and reduce the environmental impact of bulk ship operations w

about 15 years ago
Seadrill Orders Another Semi-Tender Rig from Keppel, Singapore
Business & Finance

Seadrill Orders Another Semi-Tender Rig from Keppel, Singapore

Keppel FELS Limited (Keppel FELS) has been awarded a US$142 million contract by Seadrill to build a repeat semisubmersible drilling tender (SSDT) based on the KFELS SSDTTM 3600E design. Scheduled for delivery in 2Q2013, this is the eighth drilling tender that Keppel will be building for Seadrill sin

about 15 years ago
Singapore: Keppel Offshore & Marine Ltd Appoints Managing Director
Business & Finance

Singapore: Keppel Offshore & Marine Ltd Appoints Managing Director

The Board and Management of Keppel Offshore & Marine Ltd (Keppel O&M) announces that Mr Chow Yew Yuen has been appointed Managing Director of Keppel O&M with effect from 1 June 2011, reporting directly to Mr Tong Chong Heong, CEO of Keppel O&M. Mr Chow will be based in Singapore. He will assist the

about 15 years ago
Providence Commences 3D Seismic Acquisition Project in North Celtic Sea (Ireland)
Business & Finance

Providence Commences 3D Seismic Acquisition Project in North Celtic Sea (Ireland)

Providence Resources P.l.c., the Irish oil and gas exploration and production company, whose shares are listed in London and Dublin , announces that it has, on behalf of itself and its partners, commenced its 3D seismic acquisition project in the north Celtic Sea, offshore Ireland. The survey, which

about 15 years ago
iXBlue Announces Technical Seminar on Subsea Positioning Solutions (U.A.E)
Business & Finance

iXBlue Announces Technical Seminar on Subsea Positioning Solutions (U.A.E)

Technical seminar on subsea Positioning Solutions in Abu Dhabi on June 20th. iXBlue will hold a technical seminar on subsea positioning solutions on June 20th in Abu Dhabi Golf Club. The seminars will be structured to facilitate an understanding of innovative subsea positioning solutions through pre

about 15 years ago
Norway: Farstad Shipping Wins Charter Contracts
Business & Finance

Norway: Farstad Shipping Wins Charter Contracts

Farstad Shipping has been awarded the following charter contracts: AHTS Far Strait (2006, UT 712L, 14.688 BHP), AHTS Lady Caroline (2003, UT 712, 12.240 BHP), PSV Far Spirit (2007, VS 470 MK II, 3.624 DWT) and PSV Lady Grace (2001, UT 755, 2.936 DWT) have all been extended for 365 days while AHTS Fa

about 15 years ago
Norway: Sanco Shipping Inks Contract with Kleven Maritime for Seismic Vessel
Business & Finance

Norway: Sanco Shipping Inks Contract with Kleven Maritime for Seismic Vessel

Sanco Shipping AS has signed a contract with Kleven Maritime for one seismic ship with an option for additionally one. With this contract, the order reserve stands at 11 ships with a combined value of about 4.2 billion NOK. Kleven Maritime, Norway’s biggest Norwegian-owned shipbuilding group, has si

about 15 years ago
Norway: Kleven Maritime to Build Seismic Ship for Sanco Shipping
Business & Finance

Norway: Kleven Maritime to Build Seismic Ship for Sanco Shipping

Sanco Shipping AS has signed a contract with Kleven Maritime for one seismic ship with an option for additionally one. With this contract, the order reserve stands at 11 ships with a combined value of about 4.2 billion NOK. Kleven Maritime, Norway’s biggest Norwegian-owned shipbuilding group, has si

about 15 years ago
Japan: MOL Earns Environmental Ratings from DBJ
Business & Finance

Japan: MOL Earns Environmental Ratings from DBJ

Mitsui O.S.K. Lines, Ltd. announced the company’s acquisition of the “DBJ Environmental Ratings” from the Development Bank of Japan Inc. (DBJ), and received a loan based on the rating. MOL’s acquisition of the DBJ Environmental Ratings is the first in the ocean shipping industry. In addition, the co

about 15 years ago
Norway: Farstad Lands Multiple Charter Deals Worth USD 70 Million
Business & Finance

Norway: Farstad Lands Multiple Charter Deals Worth USD 70 Million

Farstad Shipping has been awarded the following charter contracts: AHTS Far Strait (2006, UT 712L, 14.688 BHP), AHTS Lady Caroline (2003, UT 712, 12.240 BHP), PSV Far Spirit (2007, VS 470 MK II, 3.624 DWT) and PSV Lady Grace (2001, UT 755, 2.936 DWT) have all been extended for 365 days while AHTS Fa

about 15 years ago
Keppel Offshore & Marine Appoints New Managing Director (Singapore)
Business & Finance

Keppel Offshore & Marine Appoints New Managing Director (Singapore)

The Board and Management of Keppel Offshore & Marine Ltd (Keppel O&M) announces that Mr Chow Yew Yuen (周耀源) has been appointed Managing Director of Keppel O&M with effect from 1 June 2011, reporting directly to Mr Tong Chong Heong, CEO of Keppel O&M. Mr Chow will be based in Singapore. He will assis

about 15 years ago
Keppel Offshore & Marine Appoints New Managing Director (Singapore)
Business & Finance

Keppel Offshore & Marine Appoints New Managing Director (Singapore)

The Board and Management of Keppel Offshore & Marine Ltd (Keppel O&M) announces that Mr Chow Yew Yuen (周耀源) has been appointed Managing Director of Keppel O&M with effect from 1 June 2011, reporting directly to Mr Tong Chong Heong, CEO of Keppel O&M. Mr Chow will be based in Singapore. He will assis

about 15 years ago
Seadrill Orders Another Semi-Tender Rig from Keppel, Singapore
Business & Finance

Seadrill Orders Another Semi-Tender Rig from Keppel, Singapore

Keppel FELS Limited (Keppel FELS) has been awarded a US$142 million contract by Seadrill to build a repeat semisubmersible drilling tender (SSDT) based on the KFELS SSDTTM 3600E design. Scheduled for delivery in 2Q2013, this is the eighth drilling tender that Keppel will be building for Seadrill sin

about 15 years ago
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