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Business & Finance

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China: COSL Takes Delivery of Two New Jackup Rigs
Business & Finance

China: COSL Takes Delivery of Two New Jackup Rigs

China Oilfield Services Limited (“COSL”or the “Group”)announced the Group’s two 200-feet jack-up drilling platforms COSL923 and COSL924 were successfully delivered at Huangdao Shipyard of China Offshore Oil Engineering Co., Ltd. “COOEC” in Qingdao on 22 May 2011. Mr. Liu Jian, Vice President of Chin

about 15 years ago
UK: Dame Shirley Bassey Christens P&O’s Newest Cruise Ship
Business & Finance

UK: Dame Shirley Bassey Christens P&O’s Newest Cruise Ship

Dame Shirley Bassey became the “godmother” of a cruise ship, on May 21, as she officially named the liner in a ceremony of fireworks and music. The singer, famous for her James Bond theme songs, smashed a bottle of sparkling wine against the side of the Adonia, P&O’s newest addition to its cruise fl

about 15 years ago
Switzerland: ABB Introduces DC Electrical System for Marine Applications
Business & Finance

Switzerland: ABB Introduces DC Electrical System for Marine Applications

ABB, the leading power and automation technology group, today announced the introduction of a new DC (direct current) electrical system for marine applications. The new system is part of a revival of power solutions using DC electricity, and will provide highly efficient power distribution and elect

about 15 years ago
Denmark: Maersk Wins Raft of Environment Awards
Business & Finance

Denmark: Maersk Wins Raft of Environment Awards

From the United States to Singapore and Hong Kong, Maersk has won praise and awards for its focus on the environment. The awards reflect the increased visibility of Maersk Line’s and Maersk Tankers’ environment initiatives. In Singapore, Maersk Line has been awarded “Best Green Service Provider – Sh

about 15 years ago
Switzerland: ABB Introduces DC Electrical System for Marine Applications
Business & Finance

Switzerland: ABB Introduces DC Electrical System for Marine Applications

ABB, the leading power and automation technology group, today announced the introduction of a new DC (direct current) electrical system for marine applications. The new system is part of a revival of power solutions using DC electricity, and will provide highly efficient power distribution and elect

about 15 years ago
Norway: Statoil Selects Aibel for Snorre A Platform Modifications
Business & Finance

Norway: Statoil Selects Aibel for Snorre A Platform Modifications

Aibel has been awarded an assignment to carry out modifications on the Snorre A platform. The modifications are done in connection with Statoil’s fast-track development of the Vigdis North-East field. The assignment is awarded through an option in an excisting contract between Aibel and Statoil. Pre

about 15 years ago
China: Evergreen Group Orders Ten Environmentally Advanced 8000-Teu Vessels from CSBC
Business & Finance

China: Evergreen Group Orders Ten Environmentally Advanced 8000-Teu Vessels from CSBC

The Evergreen Group has ordered and signed a contract with China Shipbuilding Corp. (CSBC) today for ten 8,000-TEU container vessels. The contract, signed by Bronson Hsieh, Evergreen Vice Group Chairman, and Tang Tay-Ping, CSBC Chairman, is for Evergreen’s third-time order of L-class environmentally

about 15 years ago
South Korea: Converteam to Design and Supply Electrical Systems for HHI Drillships
Business & Finance

South Korea: Converteam to Design and Supply Electrical Systems for HHI Drillships

Power conversion specialist Converteam has been selected by Hyundai Heavy Industries (HHI) as designer and supplier of high efficiency electrical systems for three newbuild ultra-deepwater drillships for Noble Corporation, one of the world’s largest offshore drilling contractors. The Hyundai Gusto P

about 15 years ago
Inocean and University of Gothenburg Join Forces in Deepwater Oxygenation Project of Baltic Sea
Business & Finance

Inocean and University of Gothenburg Join Forces in Deepwater Oxygenation Project of Baltic Sea

Joint efforts by Inocean and scientists at University of Gothenburg could restore life to the Baltic Sea through the Baltic Deepwater Oxygenation project. Based on research performed by Professor Anders Stigebrandt at the University of Gothenburg, engineers at Inocean under the management of Vice Pr

about 15 years ago
Singapore: Dynamic Offshore Drilling Orders Jackup Rig from Keppel
Business & Finance

Singapore: Dynamic Offshore Drilling Orders Jackup Rig from Keppel

Keppel FELS Limited (Keppel FELS) has secured a contract with Vision Drilling Pte Ltd (Vision Drilling), a wholly-owned subsidiary of Dynamic Offshore Drilling Limited (Dynamic Offshore Drilling), to build its first KFELS B Class jackup drilling rig for US$180 million. Slated for delivery in 1Q2013,

about 15 years ago
UK: HHI Selects Converteam to Design and Supply Electrical Systems for Three Deepwater Drillships
Business & Finance

UK: HHI Selects Converteam to Design and Supply Electrical Systems for Three Deepwater Drillships

Power conversion specialist Converteam has been selected by Hyundai Heavy Industries (HHI) as designer and supplier of high efficiency electrical systems for three newbuild ultra-deepwater drillships for Noble Corporation, one of the world’s largest offshore drilling contractors. The Hyundai Gusto P

about 15 years ago
Inocean and University of Gothenburg Join Forces in Deepwater Oxygenation Project of Baltic Sea
Business & Finance

Inocean and University of Gothenburg Join Forces in Deepwater Oxygenation Project of Baltic Sea

Joint efforts by Inocean and scientists at University of Gothenburg could restore life to the Baltic Sea through the Baltic Deepwater Oxygenation project. Based on research performed by Professor Anders Stigebrandt at the University of Gothenburg, engineers at Inocean under the management of Vice Pr

about 15 years ago
Dynamic Offshore Drilling Orders Jackup Rig from Keppel, Singapore
Business & Finance

Dynamic Offshore Drilling Orders Jackup Rig from Keppel, Singapore

Keppel FELS Limited (Keppel FELS) has secured a contract with Vision Drilling Pte Ltd (Vision Drilling), a wholly-owned subsidiary of Dynamic Offshore Drilling Limited (Dynamic Offshore Drilling), to build its first KFELS B Class jackup drilling rig for US$180 million. Slated for delivery in 1Q2013,

about 15 years ago
Eni Wins Operatorship of Block Arguni I, Eastern Indonesia
Business & Finance

Eni Wins Operatorship of Block Arguni I, Eastern Indonesia

In the 2nd Indonesian International Bid Round 2010, Eni has been awarded the 100% participation interest and operatorship of Block Arguni I located on and offshore in the West Papua Province, Eastern Indonesia. The Block Arguni I covers an area of 5,386 square km in the Bintuni Basin, a mainly gas p

about 15 years ago
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