Condition monitoring for hull and machinery can generate great advantages for shipping lines. Switching to need based maintenance schedules can reduce downtime and increase vessel profitability by preventing unnecessary maintenance, offering early warning of equipment failure and avoiding misguided
Wintershall, the largest German crude oil and natural gas producer with operations worldwide, has once again stepped up its activities in Norway by raising the company’s share in the Maria discovery to 50 percent, the company announced. The discovery is one of the largest oil discoveries in Norway i
The Company’s net income was $3,517 million in the first quarter of 2011, which is 71.3% higher y-o-y. EBITDA was $5,343 million, which is 43.3% higher y-o-y. Sales revenues were $29,626 million (+23.9% y-o-y). Positive dynamic of our financial results was mainly due to a sharp increase in hydrocarb
Equitix, Amp Capital and Balfour Beatty Consortium Appointed as Preferred Bidder for High-Voltage Link to Greater Gabbard Offshore Windfarm Green Energy Transmission (GET), a consortium comprising Equitix Ltd and AMP Capital Investors, together with Balfour Beatty Capital Limited has been selected b
CB&I announced today that it has been awarded a contract valued at approximately $150 million by Nexen Petroleum U.K. Limited for the detailed engineering of two fixed platforms for the Golden Eagle field in the U.K. sector of the North Sea. CB&I’s scope of work includes detailed engineering design
Dril-Quip, Inc. today announced that, effective July 18, 2011, Blake T. DeBerry will assume the position of Senior Vice President–Sales and Engineering and James A. Gariepy will assume the position of Senior Vice President–Manufacturing, Project Management and Service. Mr. DeBerry, 51, has been an e
CB&I announced today that it has been awarded a contract valued at approximately $150 million by Nexen Petroleum U.K. Limited for the detailed engineering of two fixed platforms for the Golden Eagle field in the U.K. sector of the North Sea. CB&I’s scope of work includes detailed engineering design
Drydocks World, the well established ship repair, conversion and new building Group announced that it has signed a contract with Mumbai-India based construction group, Afcons Infrastructure to provide detail engineering, procurement, construction and delivery of a Self Elevating Platform AF SEP Samr
Abu Dhabi Ports Company (ADPC) unveiled yesterday the Khalifa Industrial Zone Abu Dhabi (Kizad), at the Taj Mahal Palace hotel in Mumbai. The event was attended by over 200 VIP guests from various companies and industries in India. The guests were introduced to Kizad by Khaled Salmeen, Executive Vic
Julien Meunier, Geophysical Advisor for CGGVeritas Land Acquisition, draws on forty years of seismic acquisition experience to present this year’s SEG/EAGE Distinguished Instructor Short Course (DISC). Julien will be presenting the 2011 DISC at the EAGE convention in Vienna on Thursday 26 May as par
Drydocks World, the well established ship repair, conversion and new building Group announced that it has signed a contract with Mumbai-India based construction group, Afcons Infrastructure to provide detail engineering, procurement, construction and delivery of a Self Elevating Platform AF SEP Samr
Yaroslavsky Shipyard launched on May 24, 2011 the third sea diving vessel (project SDS08). The boat was named Uglich, the project designer… (portnews) [mappress] Source: portnews,May 26, 2011;
As part of its environmental program, Solstad Offshore has long focused on innovative environmental solutions for its clients through”Solstad Green Operations”. Since the autumn of 2010, the company has offered its clients the opportunity to operate the company’s vessels on a climate neutral basis.
A MALAISE among Yorkshire’s business world to capitalise on the arrival of multi-billion pound off-shore wind farms could see firms miss out… By Paul Jeeves (yorkshirepost) [mappress] Source: yorkshirepost, May 26, 2011
