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Business & Finance

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USA: Makai Ocean Engineering Releases Subsea Cable Control Software
Business & Finance

USA: Makai Ocean Engineering Releases Subsea Cable Control Software

Makai Ocean Engineering, Inc. has released MakaiLay Power, an extension of its successful cable installation software, MakaiLay, which is a PC-based, real-time cable modeling program used by over 75% of the cable installation ships in the world. Subsea power cables are considerably heavier and stiff

about 13 years ago
SeaBird, Searcher Seismic in Joint Barents Sea Survey
Business & Finance

SeaBird, Searcher Seismic in Joint Barents Sea Survey

SeaBird Exploration Plc (“SeaBird”) has partnered with Searcher Seismic Pty Ltd (“Searcher Seismic”) on the multi-client 12,000 km Snøspurv 2D high resolution seismic survey covering the Bjarmeland Platform in the Norwegian Barents Sea. The survey is scheduled to commence in Q2 2013 and is estimated

about 13 years ago
Denmark: Nexans Connects Anholt Cable Strings to the Substation
Business & Finance

Denmark: Nexans Connects Anholt Cable Strings to the Substation

On 6 July 2012, Nexans started connecting cables which the vessels Stemat 82 and Toisa Wave were laying on the seabed between the substation and the 111 foundations at the Anholt offshore wind farm during summer 2012. Only six months after – on 5 December 2012 – Nexans had completed the work after h

about 13 years ago
EDBI Buys Shares in Ezion for $15.56 million (Singapore)
Business & Finance

EDBI Buys Shares in Ezion for $15.56 million (Singapore)

Ezion Holdings Limited, a leading Singapore headquartered, offshore logistics support service provider, announced the subscription of approximately 14.3 million new ordinary shares by strategic investor, EDB Investments Pte Ltd, the corporate investment arm of Singapore’s Economic Development Board,

about 13 years ago
EAB’s Actuator Retrieval Tools for Two Projects in Australia
Business & Finance

EAB’s Actuator Retrieval Tools for Two Projects in Australia

EAB Engineering recently have been awarded two new contracts for supply of Actuator Retrieval Tools to Australia. The first contract is supply of in total 2 ARTs of different size to PetrolValve. The tools will be part of PetrolValves supply of valves and actuators to the INPEX Ichtys project. Durin

about 13 years ago
EAB Engineering to Supply ARTs to Australia
Business & Finance

EAB Engineering to Supply ARTs to Australia

EAB Engineering recently has secured two new contracts for supply of Actuator Retrieval Tools to Western Australia. The first contract is supply of in total 2 ARTs of different size to PetrolValve. The tools will be part of PetrolValves supply of valves and actuators to the INPEX Ichtys project. Dur

about 13 years ago
Germany: Lurssen Group Buys Peene Shipyard
Business & Finance

Germany: Lurssen Group Buys Peene Shipyard

In today’s meeting of the creditor committee, and acting on the suggestion of the insolvency administrator, Berthold Brinkmann, P+S WERFTEN decided in favour of the Lürssen Group (Bremen) as the buyer of the Peene shipyard in Wolgast. This decision is subject to approval by the creditors holding lie

about 13 years ago
SeaBird and Searcher Seismic Team Up for Snøspurv Seismic Survey, Norway
Business & Finance

SeaBird and Searcher Seismic Team Up for Snøspurv Seismic Survey, Norway

SeaBird Exploration Plc (“SeaBird”) has partnered with Searcher Seismic Pty Ltd (“Searcher Seismic”) on the multi-client 12,000 km Snøspurv 2D high resolution seismic survey covering the Bjarmeland Platform in the Norwegian Barents Sea. The survey is scheduled to commence in Q2 2013 and is estimated

about 13 years ago
USA: Meeting to Address Saugatuck and Douglas Dredging Issues
Business & Finance

USA: Meeting to Address Saugatuck and Douglas Dredging Issues

A meeting to discuss engineering solutions to problems of harbor siltation and dredging in Saugatuck and Douglas is set for 12:30 p.m. Wednesday, Dec. 19, at the Saugatuck Center for the Arts, 400 Culver St. in Saugatuck. The meeting has been organized by R.J. Peterson, owner of Tower Marina in Doug

about 13 years ago
SEEMP Software Delivers Fuel Cost Savings (Finland)
Business & Finance

SEEMP Software Delivers Fuel Cost Savings (Finland)

In advance of International Maritime Organisation’s (IMO) ship energy efficiency management plan (SEEMP) legislation becoming mandatory from January 2013, Finnish shipping company Bore has announced the results of its trial of electronic SEEMP software, which has verified a 5.8% reduction in fuel co

about 13 years ago
Norway: Ratos and Ferd Acquire All Shares in Aibel
Business & Finance

Norway: Ratos and Ferd Acquire All Shares in Aibel

Ratos and the Sixth AP Fund together with the Norwegian industrial and financial group Ferd, have signed an agreement to acquire all the shares in Aibel, a leading Norwegian supplier of services related to oil, gas and renewable energy. The purchase price (enterprise value) amounts to approximately

about 13 years ago
Canada: Great News for Fraser River Dredging
Business & Finance

Canada: Great News for Fraser River Dredging

Vital channels in the Fraser River in Steveston and Ladner will be kept navigable and continue to facilitate economic activity as a result of unprecedented collaborative work bringing together a $10 million joint commitment announced yesterday by Port Metro Vancouver, the Department of Fisheries and

about 13 years ago
Ratos and Ferd Acquire All Shares in Norwegian Aibel
Business & Finance

Ratos and Ferd Acquire All Shares in Norwegian Aibel

Ratos and the Sixth AP Fund together with the Norwegian industrial and financial group Ferd, have signed an agreement to acquire all the shares in Aibel, a leading Norwegian supplier of services related to oil, gas and renewable energy. The purchase price (enterprise value) amounts to approximately

about 13 years ago
OW Bunker Appoints New Assistant Manager (Denmark)
Business & Finance

OW Bunker Appoints New Assistant Manager (Denmark)

OW Bunker, a supplier and trader of marine fuels and lubricants, has announced the appointment of Christoffer Pedersen as the new Assistant Manager for the trading division of the company’s Copenhagen operation. Christoffer Pedersen has significant experience of the bunkering industry, having worked

about 13 years ago
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