News
Subsea 7’s Seven Borealis Nominated for Ship of the Year
Subsea 7’s flagship ‘Seven Borealis’, a customised SOC 5000 design designed by ULSTEIN has been nominated for the prestigious Ship of the Year Award organised by the Offshore Support Journal. Voting is open until close of business on 25 January via this link: www.surveymonkey.com/s/13SVVOTE. The Sev
Reef Subsea Charters Subsea Construction Vessel (Norway)
Reef Subsea today announced they have signed a five-year plus options charter for a new-built dynamically positioned subsea construction vessel from Olympic Shipping AS in Norway. The vessel, to be named “Olympic Reef, built by Kleven Maritime in Norway, is to be delivered in August 2013. The vessel
Norway: Energy Ministry Puts 51 Licences Up for Grabs
The award of new licences is vital for effective, long-term resource management, says Minister of Petroleum and Energy Ola Borten Moe.
Songa Trym Yard Stay Costs Hit $260 Million (Norway)
Songa Offshore, a Cyprus-based drilling contractor, has informed in its December 2012 fleet update that its Songa Trym rig has completed its yard stay at CCB shipyard in Norway. The drilling contractor reported that non-conformities identified in the Petroleum Safety Authority’s (Petroleumstilynet)
Germany: PALFINGER WIND Obtains Major Order for Nordsee Ost Offshore Wind Farm
RWE is currently constructing one of the largest commercial wind power projects off the German coast. The starting signal for construction of the 48 wind turbines was given in late 2011; the site is located 30 km north of the island of Helgoland. The REpower turbines used each have a power of 6.15 m
GDF Suez, E.ON Selling Stake in SPP (Slovakia)
GDF SUEZ and E.ON have signed an agreement with Energetický a Průmyslový Holding (EPH), a leading Czech power market player, for the sale of their combined 49% indirect stake in Slovenský Plynárenský Priemysel a. s. (SPP), the Slovak gas operator. This participation has been held through a 50/50 joi
Gazelle Gas Pipeline in Czech Republic Officially Commissioned
The GAZELLE gas pipeline was officially commissioned in Přimda, Czech Republic. Bringing this pipeline into service opens up the “new northern route” for the transportation of natural gas to western Europe. Construction of the Gazelle pipeline is of major strategic importance for both the Czech Repu
Repsol of Spain Launches Share Acquisition Plan
Repsol of Spain said it has launched the Share Acquisition Plan 2013-2015, approved by the Annual General Shareholders’ Meeting held on May 31 st , 2012 under point 9 th of the Agenda, addressed to Repsol Group’s employees in Spain with indefinite duration contract that meet the requirements of its
UK: Experienced Paint Inspectors in One Place
Paint inspectors are important to secure and maintain good standard of surface pretreatment and the application of coatings in the offshore, marine and industrial industries. New rules under the IMO Performance Standard for Protective Coatings for Dedicated Seawater Ballast Tanks (DSWBT) – General I
UK: Experienced Paint Inspectors in One Place
Paint inspectors are important to secure and maintain good standard of surface pretreatment and the application of coatings in the offshore, marine and industrial industries. New rules under the IMO Performance Standard for Protective Coatings for Dedicated Seawater Ballast Tanks (DSWBT) – General I
Sevan Drilling Raises $179 Mln Through Private Placement (Norway)
Norwegian drilling contractor Sevan Drilling has raised NOK 987.5 million (approx. USD 179 million) in gross proceeds through a private placement of 250,000,000 shares, each with a par value of NOK 1 at a price of NOK 3.95 per share (the “Private Placement”). The Private Placement was oversubscribed
Sweden: Roxtec Seals Provide Solutions for Onshore and Offshore Wind Farms
Roxtec seals provide complete safety solutions for long-term, cost-effective operational reliability for both Onshore and Offshore Wind Farms. The demand for speed, safety and long-term reliability is increasing on today’s wind farms, so the importance of a complete offering like Roxtec’s modular-ba
Serbia to Give South Stream National Status
The Serbian government plans to grant the national project status to the construction of the Serbian section of the South Stream gas pipeline before the end of January. “The government has already written up a draft law associated with giving the South Stream project the status of a national project
Royal Navy Prevents Tug from Sinking in English Channel
Crews from two Royal Navy ships helped prevent a tug from sinking on the evening of January 13 in a dramatic rescue off the Devon coast. Sailors from HMS Lancaster and HMS Severn struggled in dark, freezing conditions to plug a hole in the damaged hull of the Christos XXII and pumped out tons of [&h