AHTS Far Scimitar (2008, UT 712 L, 14.688 BHP) and AHTS Far Sky (1991, ME 303 mkII, 13.382 BHP) have both been awarded a 14 month firm contract by Apache Energy to support drilling operations offshore Western Australia. The charters will commence in March and include an option on each vessel for fur
The specialist for propulsion and power solutions Tognum decided at the meeting of the Supervisory Board on 14 March 2011, that Dieter Royal (47) will join the Executive Board as the new member responsible for the Finance and Corporate Services Division effective 1 October 2011. Dieter Royal succeed
Havila Shipping ASA has successfully completed the issuance of a new NOK 600 million secured bond. Final maturity date is in March 2017. The bond will be sought listed on the Oslo Stock Exchange. The net proceeds from the bond issue will be directed towards long term financing of the vessel Havila S
Bourbon announces that despite challenging conditions, the resilience shown by a 2010 EBITDA of 240.9 million euros, validates the pertinence of BOURBON’s strategy Net income, group share of 39.2 million euros “”The 2010 results obtained, despite an unusually sluggish market, illustrate the merits o
Awilco Drilling Limited has signed a contract with AGR Petroleum Services for 1 firm well and 6 optional wells for WilPhoenix. The contract represents AGR’s multi well multi client 2011 drilling programme. The contract value for the firm part is approximately USD 7 million. Drilling operations are e
Polarcus Limited announces that the Company has received a Letter of Intent from Lansdowne Oil & Gas PLC for a 300 square kilometer 3D seismic acquisition project in the Celtic Sea, offshore Ireland. The survey will commence immediately following completion of the Company’s first 3D seismic acquisit
The partnerships in Draupne-, Hanz- and West Cable licenses have submitted an application for an environmental impact assessment for these discoveries. Draupne, with the smaller discoveries at Hanz and West Cable, is one of the major discoveries on the Norwegian shelf in recent years. The first oil
Greatship (India) Limited , a subsidiary of The Great Eastern Shipping Company Limited has taken delivery of GREATSHIP RASHI, a Platform/ROV Support Vessel, from Colombo Dockyard Plc, Sri Lanka. Greatship Rashi is a Class II DP vessel and has been built complying with the new SPS Code 2008 and Envir
Grenland Group has received three Letters of Intent for a total of NOK 220 million from FMC Technologies’ Kongsberg operation. Manufacture of equipment to support the Ormen Lange Project Grenland Group, as a supplier to FMC Technologies, has received a Letter of Intent to manufacture and deliver one
Cargotec has won a contract to supply two sets of MacGregor anchor-handling systems for two anchor-handling tug /supply / oil recovery vessels under construction at a Chinese Shipyard for a Singaporean owner. The anchor-handling equipment is scheduled for delivery at the end of 2011 and it will be m
Fugro recently formally took delivery of a new-build vessel, M/V Fugro Galaxy; the second of Fugro’s FSSV 65 series of dedicated survey vessels “FSSV 65” is the design name for a state of the art 65m long Fugro Standard Survey Vessel. Designed to Fugro specifications the specially designed hull form
Fugro N.V. has won the Erasmus Innovation Award 2010-2011 for the most innovative company in the Netherlands.In the press release from the Rotterdam School of Management, Erasmus University, the following is stated: “The jury notes that Fugro N.V. distinguishes itself through its forward looking vis
The demanding role of Chief Financial Officer at AGR Drilling Services has been taken on by Rune M. Daae, who brings a wealth of experience to the position. Rune (pictured) has a Master of Science (MSc) degree in Accounting and Auditing from the Norwegian School of Economics and Business Administrat
BG Group today announced that Fabio Barbosa has been appointed to the Board as an Executive Director and as Chief Financial Officer, effective 31 March 2011. Fabio Barbosa joined BG Group in December 2010*. He was until June 2010 the Chief Financial Officer at the Brazilian mining company Vale S.A.
