It is technically feasible to remove concrete installations resting on the seabed. But this is comprehensive work that requires thorough planning and risk management. This is the conclusion reached by the consultancy firm Dr. techn. Olav Olsen, which has prepared the report ”Disposal of concrete ins
Eni Norge has awarded a 4-year contract to Kuehne + Nagel to provide integrated transport, forwarding and customs clearance services. Eni Norge is part of the Italian integrated energy company Eni and operates in oil & gas exploration and production. The new agreement encompasses the provision of lo
Havila Saturn, a Havyard 842 design, is sold on from Havila Shipping ASA with a considerable profit to an international buyer. The AHTS vessel delivered in 2008 from Havyard Leirvik AS was the first ever Havyard design. With the ship now being sold on at a good profit only confirms that the Havyard
BP’s fourth-quarter replacement cost profit was $4,614 million, compared with $3,447 million a year ago. For the full year, replacement cost loss was $4,914 million compared with a profit of $13,955 million a year ago. The group income statement for the fourth quarter and full year reflects a pre-ta
Maersk Drilling, an entity within the A.P. Moller – Maersk Group, has signed a contract with Keppel FELS Limited in Singapore for the construction of two ultra harsh, high capacity jack-up drilling rigs. The first rig is scheduled for delivery at the end of 2013, with the second rig following seven
Tordis and Vigdis, subsea fields in the North Sea, recently achieved production of a hundred million cubic metres oil. And there’s still a lot more to come. They’ve worked hard and steadily on the seabed for years; Tordis since 1994, Vigdis since 1997. They recently notched up an overall production
Viking Supply Ships AS announces that Thomas Heggland Nordbø has accepted the position as Charterer. Thomas has a BSc in Maritime Business with Law from University of Plymouth and has a broad background from Chartering, Logistics, Operation and Broking within the shipping and offshore segment. Vikin
The Board of Directors of Seadrill Limited (“Seadrill”) have decided to create a new drilling company focusing entirely on harsh environment operations. To achieve that Seadrill will spin off its operations in the North Atlantic Basin into a new subsidiary, the North Atlantic Drilling Limited (“NADL
Norske Shell AS has signed a letter of intent with AGR Drilling Services for a contract worth NOK84m (£9m). AGR Drilling Services’ excavation and trenching technology has been chosen by Shell for the next phase of its extension project in the northern part of the Ormen Lange field. Four new engineer
Operating revenue for the quarter amounted to USD 74.5 million (USD 73.4 million). EBITDAFX was USD 31.7 million (USD 18.5 million). Operating profit was USD 1.8 million (loss of USD 19.5 million), and net loss was USD 68.6 million (net loss of USD 66.4 million). Operating revenue was USD 1.1 millio
The well # 57 from the platform # 11 was commissioned at Gunashli field. The daily production of the well, drilled to Girmaki Suite by SOCAR-AQŞ JV, makes 186 thousand cubic meters of gas and 25 tons of condensate from 3845-3832 meters. The State Oil Company of Azerbaijan Republic (SOCAR) is the sta
In February 2010 Seajacks entered into a contract with GustoMSC to provide the Basic Design Package for two purpose built wind farm installation vessels. In June 2010 Seajacks entered into a contract with Lamprell shipyard to build these new vessels and Seajacks will take delivery of the first new-b
“KONGSBERG completed 2010 with yet another strong quarter. The Group embarks on 2011 with a high level of activity, new and strengthened market positions in more areas, and a substantial project portfolio,” says CEO Walter Qvam. “The Group is also exploring many important new market opportunities. T
Pauliina Tennilä has been appointed Director, Investor Relations at Wärtsilä Corporation as of 1 March 2011. She succeeds Joséphine Mickwitz, who has been appointed HR Director, Wärtsilä Industrial Operations. Tennilä has worked at Wärtsilä since 1998 and has held various positions in the company, a
