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Business & Finance

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Trapoil Completes Acquisition of 15 Pct Interest in Athena Field Offshore UK
Business & Finance

Trapoil Completes Acquisition of 15 Pct Interest in Athena Field Offshore UK

Trapoil, the independent oil and gas exploration and appraisal company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, confirms that on 21st December 2012 it completed the previously announced acquisition of a 15 per cent. working interest in the Athena Oil Field (“Athena”) fro

about 13 years ago
USA: Fugro to Conduct Geological Survey of Virginia Wind Energy Area
Business & Finance

USA: Fugro to Conduct Geological Survey of Virginia Wind Energy Area

Governor Bob McDonnell, of the Commonwealth of Virginia, USA has announced that Fugro Atlantic has been appointed to conduct a geological and geophysical survey for the Virginia Wind Energy Area (WEA) within the Atlantic Outer Continental Shelf (OCS). Governor McDonnell described the regional ocean

about 13 years ago
Optimism of UK Oil and Gas Sector Constrained by Rising Costs, Report Says
Business & Finance

Optimism of UK Oil and Gas Sector Constrained by Rising Costs, Report Says

The business confidence index published by Oil & Gas UK today (21 December) reveals a slight decline in the third quarter of 2012 from the record high of 65 recorded in the second. The drop in confidence, however, is more likely to be linked to the industry’s buoyant reaction to the incentives annou

about 13 years ago
Dong Lets Svane Field Go (Denmark)
Business & Finance

Dong Lets Svane Field Go (Denmark)

DONG Energy and partners have, following detailed technical evaluations, decided at the present point in time not to pursue drilling of an appraisal well in the Svane field in the Danish sector of the North Sea. The gas accumulation in Svane is found at a depth of 5.5-6 km at a pressure of 1200-1300

about 13 years ago
Finland: Arctech Delivers Icebreaking Offshore Vessel ‘Vitus Bering’
Business & Finance

Finland: Arctech Delivers Icebreaking Offshore Vessel ‘Vitus Bering’

Arctic offshore vessel NB-506 Vitus Bering was delivered at Helsinki Shipyard on Friday 21.12.2012 to the client Sovcomflot, the largest shipping corporation in Russia. The vessel will supply the Arkutun-Dagi oil and gas field in Sakhalin area, in Far East Russia. Vitus Bering is the first vessel of

about 13 years ago
Accident at Keppel Verolme Yard in Rotterdam, The Netherlands
Business & Finance

Accident at Keppel Verolme Yard in Rotterdam, The Netherlands

In connection with maintenance work on the installation vessel SEA JACK in the Keppel Verolme yard in Rotterdam, a serious accident happened this morning to one of A2SEA’s subcontractors. A 43 year-old Danish employee from the Esbjerg-based company Peter Harbo A/S died in a work accident. “We are de

about 13 years ago
RRS Discovery Taken Out of Service After 50 Years
Business & Finance

RRS Discovery Taken Out of Service After 50 Years

The Royal Research Ship Discovery, the UK’s oldest research vessel, has been taken out of service after a distinguished half-century of service to UK marine science. She will be replaced by a new, state-of-the-art Royal Research Ship, also called Discovery, which will be named in Southampton next ye

about 13 years ago
Oil & Gas UK Welcomes Statoil’s Mariner Investment Decision
Business & Finance

Oil & Gas UK Welcomes Statoil’s Mariner Investment Decision

Oil & Gas UK has welcomed Statoil’s investment of over £4 billion in the UK’s oil and gas reserves. Statoil earlier today announced a $7 billion investment in the Mariner oil field development, situated in the UK North Sea. Mike Tholen, Oil & Gas UK’s economics director, said: „An investment of this

about 13 years ago
SDLP Ballycastle Sees Tidal Energy Benefits (UK)
Business & Finance

SDLP Ballycastle Sees Tidal Energy Benefits (UK)

SDLP Ballycastle SDLP Councillor Dónal Cunningham has commended the work of the Council’s Development Department who have arranged for the two consortia who were successful in their bids for the tidal energy projects off Fair Head and Torr Head to meet with the Council in January 2013. Mr Cunningham

about 13 years ago
Cargo Vessel Wieniawski Docks at London Gateway Port
Business & Finance

Cargo Vessel Wieniawski Docks at London Gateway Port

Early Christmas present for the DPWorld team at London Gateway Port, as the 170-metre general cargo vessel, Wieniawski, docked at around 8.00 am today (Friday, 21 December) to discharge a cargo of container crane parts as development of the new port continues. Wieniawski, is the first vessel to dock

about 13 years ago
Submarine Cable Market to Grow in Coming Years
Business & Finance

Submarine Cable Market to Grow in Coming Years

The small and highly specialized high-voltage submarine cable market is expected to see significant growth in the coming years. National governments and regional organizations are accelerating efforts to build offshore renewable power generation facilities, link remote landmasses, and interconnect t

about 13 years ago
USA: Patti Marine to Construct Robert Allan Tugs for Signet Maritime
Business & Finance

USA: Patti Marine to Construct Robert Allan Tugs for Signet Maritime

Signet Maritime Corporation continues to expand its diverse fleet by awarding a contract for the construction of two Robert Allan Ltd. designed tugs to Patti Marine Enterprises, Inc. in Pensacola, Florida. This marks the ninth Signet/Robert Allan Ltd. design in 5 years. Construction commenced in Nov

about 13 years ago
Nordic Yards Bags Order for Two Ice-Breaking Rescue and Salvage Vessels
Business & Finance

Nordic Yards Bags Order for Two Ice-Breaking Rescue and Salvage Vessels

Nordic Yards, leading provider of large-scale maritime projects, has signed a contract for the construction of two ice-breaking rescue and salvage vessels. The client is the Russian Ministry of Transport. Owing to their ice-breaking capabilities, the vessels will operate on the northern polar sea ro

about 13 years ago
UKHO Presents Future Work on CARIS Event
Business & Finance

UKHO Presents Future Work on CARIS Event

The United Kingdom Hydrographic Office (UKHO) ran an event entitled CARIS on the Desktop on November 13 and 14, 2012. The event was intended to show staff how their desktop would look in the future: how surveys will be handled, charts constructed and data maintained. In total 350 staff attended over

about 13 years ago
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