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Business & Finance

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Robust Logistics Needed to Secure Intense Installation Process (UK)
Business & Finance

Robust Logistics Needed to Secure Intense Installation Process (UK)

The foundation installation has had a good start, and the installation vessels Svanen and Goliath have already managed to place 20 monopiles and 11 transition pieces in Walney 2. However, for the last almost two weeks, the installation has been influenced by unfavourable weather conditions, but de

about 15 years ago
Ukraine: Zaliv, Argali Sign Deal for OSV Construction
Business & Finance

Ukraine: Zaliv, Argali Sign Deal for OSV Construction

JSC Shipyard Zaliv (Kerch, Crimea) and large Norwegian ship owning company Argali Holdings Ltd have signed the contract for construction of offshore drilling rigs supply vessel (project 832 CD). By words of Nikolay Kuzmenko, chief of Supervisory Board of shipyard Zaliv the peculiarity of this contra

about 15 years ago
China: Rongsheng Signs Contract with Golden Union for Panamax Bulk Carriers
Business & Finance

China: Rongsheng Signs Contract with Golden Union for Panamax Bulk Carriers

On 17th May 2011, China Rongsheng heavy industries signed a contract with Golden Union, a Greek shipowner, for 2+2 Panamax bulk carriers, further enhancing the Company’s orders on hand. This is the second order placed by Golden Union in 2011, following 2 panamax bulk carriers placed earlier. Up to d

about 15 years ago
Siwertell Ship Unloaders Sets Record through Ship Capacity in Taiwan
Business & Finance

Siwertell Ship Unloaders Sets Record through Ship Capacity in Taiwan

Two Siwertell ship unloaders delivered to the TPC Talin Power Plant, Kaohsiung Taiwan, recently set a record in through the ship capacity during commercial discharge of a bulk cargo. The Siwertell ship unloaders were tested in December 2010 with the MV Taipower Prosperity II. The cargo was unloaded

about 15 years ago
UK: Total Extends Drilling-Waste Management Contract with TWMA
Business & Finance

UK: Total Extends Drilling-Waste Management Contract with TWMA

Environmental waste management contractor TWMA has been awarded a £4million contract extension by TOTAL E&P UK Limited for continued drilling-waste management services in the UK North Sea. The Aberdeen-headquartered firm has been contracted for a further two years to process and handle drill cutting

about 15 years ago
Poland: Rickmers Container Vessel Breaks Baltic Port Records
Business & Finance

Poland: Rickmers Container Vessel Breaks Baltic Port Records

The arrival from China of the Rickmers-owned containership Maersk Elba at the DCT Gdansk terminal on 11 May marked a new era in Baltic shipping. At 13,092TEU and carrying containers 17-wide below deck and 19-wide on the hatchcovers, she is the biggest container vessel by far ever handled by a Baltic

about 15 years ago
CATS Pipeline Maintenance Scheduled from May to July (UK)
Business & Finance

CATS Pipeline Maintenance Scheduled from May to July (UK)

The UK wholesale spot gas market reacted bullishly on Wednesday to news of further North Sea gas field maintenance scheduled for the coming… (icis) [mappress] Source: icis , May 19, 2011;

about 15 years ago
Norway: Dolphin Drilling Receives LoA from Lundin for Semi-Submersible Rig
Business & Finance

Norway: Dolphin Drilling Receives LoA from Lundin for Semi-Submersible Rig

Dolphin Drilling AS, a subsidiary of Fred. Olsen Energy ASA , has entered into a Letter of Award for the provision of the semi-submersible drilling rig Bredford Dolphin with Lundin Norway AS for operation on the Norwegian Continental Shelf. The contract is for a six well drilling program with an est

about 15 years ago
The Netherlands: Odfjell Enters into Strategic Partnership with Lindsay Goldberg
Business & Finance

The Netherlands: Odfjell Enters into Strategic Partnership with Lindsay Goldberg

With reference to the stock exchange announcement 13 December 2010 in which Odfjell announced a process to evaluate strategic alternatives for its Rotterdam tank terminal, the Company today informs that it has entered into a letter of intent to form a strategic partnership with affiliates of US-base

about 15 years ago
Norway: Farstad Achieves Operating Income of USD 144.6 Million in 1Q
Business & Finance

Norway: Farstad Achieves Operating Income of USD 144.6 Million in 1Q

Farstad Shipping achieved an operating income of NOK 801.0 million (USD 144.65 million) for the 1st quarter. The operating profit (EBIT) was NOK 142.8 million (USD 25.78 million). The profit after taxes was NOK 90.4 million (USD 16.32 million). Contract coverage The contract coverage of the Farstad

about 15 years ago
Norway: Grenland Group Enters LOI with Samsung Heavy for Valemon Platform
Business & Finance

Norway: Grenland Group Enters LOI with Samsung Heavy for Valemon Platform

Korean Samsung Heavy Industries Ltd. has entered into an agreement with Grenland Group for delivery of detailed engineering and fabrication services for the topside on Statoil’s wellhead platform Valemon. The project will start up immediately and will be completed in February 2014.The contract value

about 15 years ago
Australia: Go Offshore Secures Long Term Charter for UOS Discovery AHTS
Business & Finance

Australia: Go Offshore Secures Long Term Charter for UOS Discovery AHTS

Go Offshore recently announced that it has secured a long term contract with Chevron for its UOS Discovery AHTS . The 16,320 hp Anchor Handling Tug & Supply vessel will provide support for Chevron’s drilling activities off the North West Shelf of Australia. Initial firm period is 6 months. Go Offsho

about 15 years ago
UK: Ithaca Suspends Jacky Field Well On Poor Result
Business & Finance

UK: Ithaca Suspends Jacky Field Well On Poor Result

Ithaca Energy Inc. announces that the J03 well on the Jacky field (“the well”) has been suspended having encountered a smaller than anticipated oil column in the Beatrice ‘A’ Sand reservoir. Given the result of the well, technical work is ongoing to determine whether to re-enter the well and complet

about 15 years ago
USA: Hydroid Announces First Open Enrollment Training Session for REMUS 100 AUV
Business & Finance

USA: Hydroid Announces First Open Enrollment Training Session for REMUS 100 AUV

Hydroid, Inc., a subsidiary of Kongsberg Maritime, the leading manufacturer of Autonomous Underwater Vehicles (AUVs), announced that the company’s first ever Open Enrollment Training will be held during the week of September 12, 2011, in Pocasset, Massachusetts, USA. During the September Open Enroll

about 15 years ago
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