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Business & Finance

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SNC-Lavalin Announces Change in Management (Canada)
Business & Finance

SNC-Lavalin Announces Change in Management (Canada)

SNC-Lavalin announces that Andy Mackintosh, Executive Vice-President in charge of the Hydrocarbons & Chemicals business unit, has accepted a position with another company and has resigned, effective immediately. Ric Sorbo, Senior Vice-President and General Manager of Hydrocarbons & Chemicals, has be

about 14 years ago
Norway: Statoil Extends Viking Energy’s Charter for Two More Years
Business & Finance

Norway: Statoil Extends Viking Energy’s Charter for Two More Years

Statoil Petroleum AS has awarded Eidesvik Offshore ASA with a 2 years extension for the LNG fuelled Platform Supply Vessel (PSV) Viking Energy. The contract has further 2×2 years options for extension. The Viking Energy was the first LNG fueled PSV in the world when it was delivered in 2003, and has

about 14 years ago
Eni Announces New Discoveries in Area 4 Offshore Mozambique
Business & Finance

Eni Announces New Discoveries in Area 4 Offshore Mozambique

Eni announces new natural gas discoveries within the Mamba Complex, in Area 4, offshore Mozambique, at the Mamba South 2 and Coral 2 delineation wells, which are respectively the sixth and seventh wells drilled back to back in Area 4. The new discoveries add 6 tcf of gas in place to Area 4, confirmi

about 14 years ago
Gas Continues to Play an Important Role in UK
Business & Finance

Gas Continues to Play an Important Role in UK

Responding to indications that the Government is preparing to put in place support for the development of more of the UK’s natural gas and its use in power generation, Oil & Gas UK’s economics director, Mike Tholen has made an announcement. He said: “The Government’s confirmation that gas will conti

about 14 years ago
Canada: MV Baie St. Paul Completes Maiden Voyage
Business & Finance

Canada: MV Baie St. Paul Completes Maiden Voyage

Canada Steamship Lines announced the arrival of the MV Baie St. Paul, the most technologically advanced ship to enter the Great Lakes-St. Lawrence Seaway system. The award-winning vessel docked in the Port of Montreal, Quebec at 20:30 EDT on December 1, 2012, completing her maiden voyage that began

about 14 years ago
Aker Solutions to Meet Its 2015 Growth Targets (Norway)
Business & Finance

Aker Solutions to Meet Its 2015 Growth Targets (Norway)

Aker Solutions today announces at the company’s capital markets day that it is on track to meet its 2015 growth targets – and that it expects growth in revenues and margins to continue into at least 2017. Key focus will be on exerting discipline and prioritising resources. In 2010, Aker Solutions se

about 14 years ago
Norway: Aker Solutions on Track to Meet 2015 Growth Targets
Business & Finance

Norway: Aker Solutions on Track to Meet 2015 Growth Targets

Aker Solutions announced at the company’s capital markets day that it is on track to meet its 2015 growth targets – and that it expects growth in revenues and margins to continue into at least 2017. Key focus will be on exerting discipline and prioritising resources. In 2010, Aker Solutions set an a

about 14 years ago
Eni Makes New Gas Discoveries Offshore Mozambique
Business & Finance

Eni Makes New Gas Discoveries Offshore Mozambique

Italy’s Eni announces new natural gas discoveries within the Mamba Complex, in Area 4, offshore Mozambique, at the Mamba South 2 and Coral 2 delineation wells, which are respectively the sixth and seventh wells drilled back to back in Area 4. The new discoveries add 6 tcf of gas in place to Area 4,

about 14 years ago
Neptune, BP Sign Subsea Services Agreement (UK)
Business & Finance

Neptune, BP Sign Subsea Services Agreement (UK)

Neptune announces the signing of a framework agreement with BP in the UK to provide subsea engineering services and support. This contract is a significant milestone for Neptune in the UK, signifying the first agreement of this kind with a major subsea operator in the region. The agreement provides

about 14 years ago
Caley Ocean to Develop MARS System for Cameron (UK)
Business & Finance

Caley Ocean to Develop MARS System for Cameron (UK)

Offshore handling systems specialist, Caley Ocean Systems has been awarded a contract by Cameron to develop a new deployment and overboarding system for the MARS (Multiple Application Re-injection System) for deepwater scale squeeze applications. The modular handling system will allow the MARS hardw

about 14 years ago
Caley to Develop MARS Deployment and Overboarding System for Cameron (UK)
Business & Finance

Caley to Develop MARS Deployment and Overboarding System for Cameron (UK)

Offshore handling systems specialist, Caley Ocean Systems has been awarded a contract by Cameron to develop a new deployment and overboarding system for the MARS (Multiple Application Re-injection System) for deepwater scale squeeze applications. The modular handling system will allow the MARS hardw

about 14 years ago
China: COSCO, CSIC Ink Strategic Cooperation Agreement
Business & Finance

China: COSCO, CSIC Ink Strategic Cooperation Agreement

On December 4, 2012, China Ocean Shipping (Group) Company (COSCO) and China Shipbuilding Industry Corporation (CSIC) held a signing ceremony in Beijing for a strategic cooperation agreement. The ceremony was attended by Capt. Wei Jiafu, Chairman of the Board of COSCO Group, Mr. Ma Zehua, President o

about 14 years ago
Cargotec to Provide MacGregor Handling Equipment for Offshore Vessel
Business & Finance

Cargotec to Provide MacGregor Handling Equipment for Offshore Vessel

Cargotec has secured a new contract from an international owner for a comprehensive MacGregor module handling equipment package. The equipment is destined for an offshore vessel and is scheduled for delivery next year. It will be designed, manufactured and tested in Kristiansand, Norway, in accordan

about 14 years ago
Denmark: MAN Upgrades Dredger “M/V Baltic”
Business & Finance

Denmark: MAN Upgrades Dredger “M/V Baltic”

MAN Diesel & Turbo’s PrimeServ division in Frederikshavn has, in close cooperation with shipowner and constructional engineering company NCC, performed a propulsion equipment upgrade for the ‘M/V Baltic’ – a 900 m³ sand and gravel dredger. In connection with a fleet energy-optimising project, NCC co

about 14 years ago
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