News
Cyprus: SeaBird Sells Small Part of Multi-Client Data Library
SeaBird Exploration Plc (“SeaBird) to announce that it has sold a small part of its multi-client data library to another professional multi-client data supplier in the market. The sale is subject to due-diligence. The agreed price will bring SeaBird approximately USD 4.5 million. SeaBird is a global
UK: Innovative Offshore Wind Foundation Visited by Carbon Trust, Fred. Olsen, Forewind
On September 4th a delegation from Fred. Olsen, the Forewind Consortia (made up of representatives from RWE Innogy, SSE Renewables, Statkraft and Statoil) and Carbon Trust visited the Harland and Wolff facility in Belfast. The delegation saw the fabrication of the innovative suction installed bucket
GDF Suez Establishes LNG Solutions, The Netherlands
With the establishment of LNG Solutions, GDF SUEZ is introducing a total LNG solution on the Dutch market. The new company helps transport and shipping companies in the Netherlands to make the switch from (marine) diesel to the more environmentally-friendly and less expensive LNG. LNG Solutions – ma
Floating Offshore Wind Project INFLOW Kicks-Off in France
Ten partners from six European countries gathered in Paris on June 19 to kick-off a research project on offshore wind energy, featuring a world premiere: The INFLOW (INdustrialization setup of a FLoating Offshore Wind turbine) demo project, directed by French engineering company Technip, will see th
Floating Offshore Wind Project INFLOW Kicks-Off in France
Ten partners from six European countries gathered in Paris on June 19 to kick-off a research project on offshore wind energy, featuring a world premiere: The INFLOW (INdustrialization setup of a FLoating Offshore Wind turbine) demo project, directed by French engineering company Technip, will see th
Switzerland: Survey Ship Level A Capsizes
On 31 August the survey ship Level A capsized by collided with the Belgian-propelled barge on the Rhine at Basel. The four-man crew fell overboard. Prof. Dr. Volker Boeder, director of the project and Professor of Geodesy and Hydrography at HCU was rescued, but died on Saturday in hospital. The Leve
New Feasibility Study Completed on Estonia LNG Project
The Danish consulting company Ramboll Oil & Gas A/S has finalised a preliminary feasibility study of the Tallinn LNG terminal project, developed at the port of Muuga. According to the study, the total investment required to construct the Tallinn terminal would be approximately one third less than th
UK: SeaGen Achieves 5 GWh Milestone
SeaGen, the first commercial-scale tidal stream energy system has achieved a new milestone of 5 gigawatt-hours (GWh) of tidal power generation since starting operation at Strangford Lough in Northern Ireland. That equals the annual power consumption of 1,500 British households. The Siemens-owned sys
SMM Direct: Caterpillar Consortium Powers ‘INNOVATION’
Caterpillar Marine Power Systems, together with SAM Electronics, SCHOTTEL and Zeppelin Power Systems, have delivered an integrated power and propulsion package for “M/V Innovation”, one of the largest and most innovative offshore wind turbine installation vessels to date. The consortium of globally
Gazprom Gas Sales Down 17 Percent, Russia
Russian gas giant Gazprom said its net sales of gas decreased by RUB 148,479 million, or 17%, to RUB 721,490 million in the three months ended March 31, 2012 compared to the three months ended March 31, 2011. For the three months ended March 31, 2012 net sales of gas to Europe and other countries [&
Germany: Linde Launches 1 Billion EUR Bond
Linde AG has yesterday placed EUR 1 bn of senior notes with an 8-year maturity. The bond, with a coupon of 1.75 % issued under the EUR 10 bn EMTN programme, was priced at 35 basis points over MidSwaps. The transaction was three times oversubscribed with huge demand from high quality institutional in
OceanWorks International Establishes Turkish Subsidiary
OceanWorks International announced the establishment of OceanWorks Aykor Teknolojik Ürünler Sanayi ve Ticaret Anonim Şirketi (OceanWorks Aykor) as its Turkish subsidiary. The addition of OceanWorks Aykor to the OceanWorks International group of companies represents a major milestone in the growth of
SMM Direct: SCHOTTEL Strongly Present in Offshore Market
The SCHOTTEL Group is showcasing its undiminished strong standing at this year’s SMM, Hall A4, Booth 306. With its gratifying facts and figures, the renowned German manufacturer of propulsion and steering systems for ships and offshore applications is underscoring its continuing positive development
Germany: SCHOTTEL Showcases its Expertise at SMM
The SCHOTTEL Group will be showcasing its undiminished strong standing at this year’s SMM. With its gratifying facts and figures, the renowned German manufacturer of propulsion and steering systems for ships and offshore applications is underscoring its continuing positive development. Counter to th