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Business & Finance

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Section of Second West-East Gas Pipeline Starts Operation (China)
Business & Finance

Section of Second West-East Gas Pipeline Starts Operation (China)

On December 19, the Qiuyuling-Dachan Island Section of Guangdong-Shenzhen Branch and Hong Kong Branch of the Second West-East Gas Pipeline were successfully put into operation on the same day, ready to deliver natural gas to Hong Kong. Running from Qiuyuling Distribution Pigging Station to Dachan Is

about 13 years ago
Denmark: Walney Offshore Windfarms Finalises Shareholder Financing
Business & Finance

Denmark: Walney Offshore Windfarms Finalises Shareholder Financing

DONG Energy has successfully supported its partner, OPW, in achieving refinance of the purchase (completed in December 2010) of their 24.8% stake in the 367MW Walney Offshore Windfarms (Walney). OPW, a joint venture between Dutch pension fund PGGM and renewable energy investor Ampere Equity Fund, ac

about 13 years ago
DNV and GL to Merge
Business & Finance

DNV and GL to Merge

An agreement has been signed to merge DNV and GL. The new entity will be called DNV GL Group. It will be one of the world’s leading ship classification societies and risk experts in the oil and gas, renewable energy and power sectors, and among the global top three within management system certifica

about 13 years ago
European Marine Science Park First Phase Completed
Business & Finance

European Marine Science Park First Phase Completed

Building work has been completed for the first phase of the new multi-million pound European Marine Science Park being developed by Highlands and Islands Enterprise (HIE) in Argyll. The state of the art building at Dunstaffnage, near Oban, will provide space for the growth of existing and new busine

about 13 years ago
DNV and GL Sign Merger Agreement
Business & Finance

DNV and GL Sign Merger Agreement

An agreement has been signed to merge DNV and GL. The new entity will be called DNV GL Group. It will be one of the world’s leading ship classification societies and risk experts in the oil and gas, renewable energy and power sectors, and among the global top three within management system certifica

about 13 years ago
Germany: DNV and GL to Merge
Business & Finance

Germany: DNV and GL to Merge

An agreement has been signed to merge DNV and GL. The new entity will be called DNV GL Group. It will be one of the world’s leading ship classification societies and risk experts in the oil and gas, renewable energy and power sectors, and among the global top three within management system certifica

about 13 years ago
Aker Solutions, McDermott Sign Subsea Contract for Ichthys LNG Project
Business & Finance

Aker Solutions, McDermott Sign Subsea Contract for Ichthys LNG Project

The international oil services provider Aker Solutions has signed a contract with a subsidiary of McDermott for the delivery of subsea tie-in connectors to the Ichthys LNG Project. The contract is valued at NOK 500 million (USD 87 million). The scope of work includes the delivery of 6″-18″ horizonta

about 13 years ago
Island Offshore Orders Another Ulstein Vessel
Business & Finance

Island Offshore Orders Another Ulstein Vessel

Ulstein has entered into a contract with Island Offshore and their American partner Edison Chouest Offshore for the delivery of a multifunctional offshore vessel based on ULSTEIN’s SX121 design, with an option for an additional vessel. The vessel is prepared and tailored for the well intervention, I

about 13 years ago
Aker Solutions to Supply Subsea Tie-in Connectors to Ichthys LNG Project in Australia
Business & Finance

Aker Solutions to Supply Subsea Tie-in Connectors to Ichthys LNG Project in Australia

The international oil services provider Aker Solutions has signed a contract with a subsidiary of McDermott for the delivery of subsea tie-in connectors to the Ichthys LNG Project. The contract is valued at NOK 500 million (USD 89.6 million). The scope of work includes the delivery of 6″-18″ horizon

about 13 years ago
Island Offshore Orders Multifunctional Offshore Vessel (Norway)
Business & Finance

Island Offshore Orders Multifunctional Offshore Vessel (Norway)

ULSTEIN has entered into a contract with Island Offshore and their American partner Edison Chouest Offshore for the delivery of a multifunctional offshore vessel based on ULSTEIN’s SX121 design, with an option for an additional vessel. The vessel is prepared and tailored for the well intervention, I

about 13 years ago
Global Investors’ Confidence in UK Upstream Sector on the Rise
Business & Finance

Global Investors’ Confidence in UK Upstream Sector on the Rise

Noting the acquisition of a number of interests in UK oil and gas fields by JX Nippon Exploration and Production (U.K.) Limited (JXNEPUK), Malcolm Webb, Oil & Gas UK’s Chief Executive, made the following announcement. “Recovering the 24 billion barrels of oil and gas that remain on the UK continenta

about 13 years ago
New Surge in Interest in Kizad (UAE)
Business & Finance

New Surge in Interest in Kizad (UAE)

The headline in Abu Dhabi’s The National newspaper reflected the announcement by Tony Douglas, CEO, ADPC, that enquiries in Khalifa Industrial Zone Abu Dhabi (Kizad) saw a dramatic increase following the launch of the showcase and adjacent Khalifa Port on 12/12/12. A delighted Mr Douglas said of the

about 13 years ago
Ukraine, Russia in Safety Navigation Talks
Business & Finance

Ukraine, Russia in Safety Navigation Talks

Ukraine and Russia discussed how to ensure the safety of navigation in the winter in the Azov and Kerch water areas. Recently in Moscow was held a joint meeting of departments responsible for the safety of navigation in the Azov Sea and organization of vessel traffic control during the ice campaign

about 13 years ago
Odfjell Drilling Receives BP’s Key Supplier Safety Award
Business & Finance

Odfjell Drilling Receives BP’s Key Supplier Safety Award

Odfjell Drilling was awarded BP’s Key Supplier Safety Award last week for the company’s services in connection with BP’s activities in the North Sea. BP recognises in particular Odfjell Drilling’s services on the Harding platform, where there have been no “days away from work cases” for nine consecu

about 13 years ago
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