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Business & Finance

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Red Spider Secures First Contracts in South East Asia
Business & Finance

Red Spider Secures First Contracts in South East Asia

Red Spider, the Remote Open Close Technology (ROCT) specialist delivering multi-million pound savings and reduced risk to the oil and gas industry, has secured its first projects in the South East Asia region. The work follows the appointment of a regional manager in Kuala Lumpur. UK-based Red Spide

about 13 years ago
UK: Crown Estate Scoops Green Energy Award for Sustainable Development
Business & Finance

UK: Crown Estate Scoops Green Energy Award for Sustainable Development

The Crown Estate has won an award for sustainable development at the Green Energy Awards, recognising the success of the enabling actions in addressing the complex challenges in developing offshore renewables. The annual Scottish Renewables event, held in Edinburgh on 6 December, saw a record 1,000

about 13 years ago
Lamprell Delivers Jack-Up Rig to NDC (UAE)
Business & Finance

Lamprell Delivers Jack-Up Rig to NDC (UAE)

Lamprell has delivered the jackup rig “Muhaiyimat” to Abu Dhabi’s National Drilling Company (‘NDC’). Completion and delivery of the jackup rig, 26 months from initial steel cutting, was marked at a ceremony at Lamprell’s Hamriyah facility in the UAE on 8 November, and the rig departed the facility o

about 13 years ago
Germany: Order for Second Jack-Up Vessel Cannot Currently Be Filled
Business & Finance

Germany: Order for Second Jack-Up Vessel Cannot Currently Be Filled

In June 2012 the creditors’ committee voted in favour of an offer by the VeKa Group of the Netherlands to take over the Sietas shipyard. Despite six months of intensive negotiations, it was not possible to complete the deal. The reason is that the Sietas shipyard currently has only one order for a n

about 13 years ago
Good Start for Breagh Development, Sterling CEO Says
Business & Finance

Good Start for Breagh Development, Sterling CEO Says

Sterling Resources Ltd. has announced the results of production testing from the initial three wells completed as part of the on-going Breagh Development in the UK sector of the North Sea. In summary, all well results fall within the range of expected outcomes from the reservoir simulation model. On

about 13 years ago
Red Spider Wins First Contracts in South East Asia
Business & Finance

Red Spider Wins First Contracts in South East Asia

Red Spider, the Remote Open Close Technology (ROCT) specialist delivering multi-million pound savings and reduced risk to the oil and gas industry, has secured its first projects in the South East Asia region. The work follows the appointment of a regional manager in Kuala Lumpur. UK-based Red Spide

about 13 years ago
New Zealand: Otago Harbour Dredging Plan Gets Green Light
Business & Finance

New Zealand: Otago Harbour Dredging Plan Gets Green Light

Environment Court Judge Jeff Smith has granted Port Otago’s application to deepen its Otago Harbour channel in anticipation of the arrival of bigger container ships on the New Zealand coast. The company had originally sought consent from the Otago Regional Council for resource consent to: • Deepen,

about 13 years ago
China: Rongsheng Heavy Delivers Its First Containership
Business & Finance

China: Rongsheng Heavy Delivers Its First Containership

China Rongsheng Heavy Industries Group Holdings Limited has delivered its first 6,500-TEU containership. The vessel, also known as the first Rongsheng-built containership, was well received by a German shipowner yesterday. It measures 299.95 meters in length, 40 meters in breadth and 24.2 meters in

about 13 years ago
Keppel FELS to Build Two Jackup Rigs for Mexico’s PEMEX
Business & Finance

Keppel FELS to Build Two Jackup Rigs for Mexico’s PEMEX

Keppel FELS, a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has won a contract from PEMEX Exploracion y Produccion, a subsidiary of Mexico’s national oil company, Petroleos Mexicanos (PEMEX), to build two KFELS B Class jackup rigs worth US$420 million. Scheduled for delivery

about 13 years ago
Norway: Havila Shipping Purchases Two AHTS Vessels
Business & Finance

Norway: Havila Shipping Purchases Two AHTS Vessels

Based on the successful private placement of new shares and the financing agreements done, Havila Shipping has decided to exercise the purchase options for the AHTS vessels Havila Mars and Havila Mercury. Based on a renegotiated agreement the vessels will be purchased with effect from 1stOctober 201

about 13 years ago
Federal Grant to Help Design New Vessel for Portland Cargo Service (USA)
Business & Finance

Federal Grant to Help Design New Vessel for Portland Cargo Service (USA)

Congresswoman Chellie Pingree said on Monday that the Maine Port Authority has been awarded a $150,000 federal grant to pay for design work for a new type of container vessel that could bring domestic coastwise cargo service to the International Marine Terminal (IMT) in Portland. This spring the com

about 13 years ago
UK: Edinburgh College Student Named OPITO Apprentice of the Year
Business & Finance

UK: Edinburgh College Student Named OPITO Apprentice of the Year

A talented trainee on the Upstream Oil and Gas Industry Technician Training Scheme is celebrating after being named OPITO Apprentice of the Year. Scott Stage, 22, beat off competition from students at three colleges across the UK to win the top honour in the North Sea oil and gas industry’s modern a

about 13 years ago
Russia: CIMC Raffles Delivers Caspian Driller
Business & Finance

Russia: CIMC Raffles Delivers Caspian Driller

On 10 Dec. 2012, CIMC Raffles Offshore Ltd. delivered the 300feet Super M2 Jack-up drilling rig the Caspian Driller at OJSC ‘Krasnye Barrikady’ Shipyard (hereinafter raftered to as KB) in Astrakhan, Russia. The delivery of the Jack-up drilling rig has been made possible by the mutual hard work of th

about 13 years ago
Polarcus Adira Conducts 3D Seismic Programme for Afren in Seychelles
Business & Finance

Polarcus Adira Conducts 3D Seismic Programme for Afren in Seychelles

Afren East African Exploration (EAX), a wholly owned subsidiary of Afren plc (“Afren”) announces that it has commenced a major 3D seismic programme in the Seychelles, the first 3D survey to be conducted in the country. The programme will consist of two surveys in Afren’s licence areas that extend ov

about 13 years ago
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