News
Akastor Completes Sale of Frontica ITO and BPO Business to Cognizant
Akastor informed that it has completed the sale of the ITO and the BPO business of Frontica Business Solutions to Cognizant. The closing of the transaction took place on November 28, 2016, the company said. The company sold the business for a consideration of NOK 1,025 million on a debt-and-cash-fre
Windcarrier’s Bayard CTVs Certified by DNV GL
Last week, Fred. Olsen Windcarrier’s Bayard class crew transfer vessel (CTV) fleet received the International Safety Management (ISM) and Maritime Labour Convention (MLC) certification by DNV GL. The certificate was issued after an auditing process by DNV GL confirming all procedures and operations
Windcarrier’s Bayard CTVs Certified by DNV GL
Last week, Fred. Olsen Windcarrier’s Bayard class crew transfer vessel (CTV) fleet received the International Safety Management (ISM) and Maritime Labour Convention (MLC) certification by DNV GL. The certificate was issued after an auditing process by DNV GL confirming all procedures and operations
Bladt Displays Arkona Transition Piece
Bladt Industries has published a photo of one of the 60 transition pieces that the company will manufacture for the Arkona offshore wind farm. EEW SPC and Bladt are in charge of supplying the foundations for the project, with EEW delivering 60 monopiles and Bladt providing the transition pieces. Bot
Lundin marks first anniversary of Edvard Grieg production
Lundin Norway has marked the first anniversary of production from its Norwegian Continental Shelf newcomer, the Edvard Grieg platform. Oil and gas production from the Edvard Grieg platform started exactly one year ago and has been running almost continuously since the start-up on November 28, 2015,
Nautilus: UK Needs to Remain in EUNavfor Counter-Piracy Op
The trade union Nautilus International has called for assurances from the UK government that the UK will remain in the European Union Naval Force (EUNavfor) counter-piracy operation following an attack on a British-registered chemical tanker off Somalia in November. The union wrote to foreign secret
DW: Substantial reserves can be developed when oil market recovers
E&P deepwater exploration and appraisal activity has dramatically declined and, in line with falling E&A activity, Reserve Replacement Ratios (RRRs) have been declining for the majority of major E&P companies, Douglas-Westwood, an energy intelligence group, said in its DW Monday report. This week, D
Spotted: COSCO Shipping Panama Makes Koper Debut
Slovenia’s Port of Koper has welcomed for the first time COSCO Shipping Panama, one of the largest container vessels to moor in Koper. Arriving from the Chinese Port Kelang, COSCO Shipping Panama will call afterward at Trieste, Italy, and then sail to Turkey. According to the port, about 3,000 TEUs
Norway pushed to lift Super Puma flight ban
Norway is reportedly being pressured to lift a flight suspension on two types of Super Puma helicopters that had been temporarily banned after a fatal incident of an EC225 LP helicopter in Norway’s Turøy in April 2016. Norwegian commercial television station TV2 has revealed that Norway is being for
Adriatic LNG launching new services to boost market liquidity
Adriatic LNG said it has launched new services at the terminal in an attempt to boost the flexibility and increase the liquidity of the Italian market.
Offshore Technicians Get Special IMO Treatment
On Friday, Maritime Safety Committee of the United Nations’ International Maritime Organization (IMO) adopted interim recommendations on safe carriage of offshore technicians and agreed on a definition of these technicians – so-called industrial personnel – under which wind turbine technicians and i
Atlantic Petroleum asks for Orlando operatorship
Faroese oil company Atlantic Petroleum has asked to be named the operator of two UK North Sea licenses, Orlando and Kells, as the current operator Iona Energy is under administration. Atlantic Petroleum informed on Friday, November 25 it has issued notices to Iona Energy Company (UK) Limited that it
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (November 20– November 27). Subsea contractor DeepOcean has a new majority owner in the company. Funds advised by a private equity investment firm, Triton, will become the largest shareholder and shoul
Popular news, November 21 – 27, 2016
Read the most popular news from the offshore energy sector.