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Business & Finance

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Great Results for Hudson River Dredging 2012 (USA)
Business & Finance

Great Results for Hudson River Dredging 2012 (USA)

The third year of the Hudson River dredging project ends for the season in the next few days. Mark Behan, GE’s spokesman, said: “It has been a productive year, but it’s tempting to underestimate the logistical complexity of the project.” According to troyrecord.com, the workers are expected to have

about 14 years ago
UK: JDR Reports Record Results
Business & Finance

UK: JDR Reports Record Results

JDR, a leading provider of technology connecting the global offshore energy industry, has provided an update on its trading performance for the nine months ended 30 September 2012. Highlights Record revenue of £85.6m (an increase of 75% from the equivalent period last year) Record EBITDA performance

about 14 years ago
Antrim Inks HOA for Fyne Field FPSO (UK)
Business & Finance

Antrim Inks HOA for Fyne Field FPSO (UK)

Antrim today announced a Heads of Terms agreement has been signed with Hummingbird Production Limited, a subsidiary of Teekay Corporation, for an option to lease the “Hummingbird Spirit” Floating Production, Storage and Offloading vessel (“FPSO”) for the development of the Fyne Field in UKCS Central

about 14 years ago
TTS, Kleven Verft Sign Crane Delivery Contract (Norway)
Business & Finance

TTS, Kleven Verft Sign Crane Delivery Contract (Norway)

TTS Group has received an order from Kleven Verft for delivery of an active heave compensated subsea crane. Under the agreement, TTS Offshore Handling Equipment AS, a Bergen-based subsidiary of TTS Group, will deliver the crane which will subsequently be installed on an offshore construction vessel

about 14 years ago
Croatia: Viktor Lenac Completes Sampson Conversion
Business & Finance

Croatia: Viktor Lenac Completes Sampson Conversion

Viktor Lenac has recently completed a major conversion contract involving the Heavy Lift Construction vessel Samson, owned by CVI Global Lux Oil and Gas 4 S.A.R.L., which has had a pipe-laying capability installed. Sampson has been converted from an offshore gas and oil field installation vessel, bu

about 14 years ago
Russia: RS to Perform Classification and Survey of Small Craft
Business & Finance

Russia: RS to Perform Classification and Survey of Small Craft

In view of the amendments to the Merchant Shipping Code of the Russian Federation introduced by the Federal Law No. 36-FZ of April 23, 2012 classification and survey of small craft used for commercial purposes is performed by Russian Maritime Register of Shipping or Russian River Register, depending

about 14 years ago
2G Robotics Launches New Mid-Range ULS-200 System (Canada)
Business & Finance

2G Robotics Launches New Mid-Range ULS-200 System (Canada)

2G Robotics has recently launched the ULS-200, a mid-range underwater laser scanner. The most versatile of 2G Robotics’ series of ULS systems, the ULS-200 provides many of the benefits of the small, short-range ULS-100, while allowing for the extensive variety of applications provided by the larger,

about 14 years ago
Oman: Port of Salalah on Right Track
Business & Finance

Oman: Port of Salalah on Right Track

Port of Salalah, also Salalah Port Services Co. SAOG, has announced its unaudited consolidated financial results for the first three-months (Q3) ending 30 September 2012 to the Muscat Security Market, reflecting consistent growth in volumes, productivity and profitability margins for the region’s se

about 14 years ago
NOVATEK, ROSATOM Enter into Cooperation Agreement (Russia)
Business & Finance

NOVATEK, ROSATOM Enter into Cooperation Agreement (Russia)

OAO NOVATEK announced yesterday that the Chairman of NOVATEK’s Management Board, Leonid Mikhelson, and the General Director of the State Atomic Energy Corporation ROSATOM, Sergey Kirienko, have signed a General Cooperation Agreement in Moscow. The Agreement formalizes the Parties intent to develop a

about 14 years ago
HMS Protector Conducts Survey Offshore Remote South Atlantic Island
Business & Finance

HMS Protector Conducts Survey Offshore Remote South Atlantic Island

SURVEY ship HMS Protector has visited the remote island of Tristan da Cunha to conduct the first systematic survey of the British Overseas Territory since the 1970s. The only survey to have been taken using modern techniques, the Portsmouth-based ship used her motorboat, James Caird IV, and onboard

about 14 years ago
PGS Charters Four Seismic Support Vessels from PF THOR
Business & Finance

PGS Charters Four Seismic Support Vessels from PF THOR

Petroleum Geo-Services (PGS) has signed charter agreements with PF THOR for four new seismic support vessels to assist its seismic operations worldwide. The vessels will be built at Besiktas in Turkey, owned and operated by PF THOR and chartered by PGS on 10 year time charter contracts, with options

about 14 years ago
SABIC Commissions Construction of Two LNG Powered Tankers
Business & Finance

SABIC Commissions Construction of Two LNG Powered Tankers

Saudi Basic Industries Corporation (SABIC) has commissioned the construction of two sea going gas tankers powered by liquefied natural gas (LNG) to transport its olefins products, in anticipation of a European Union directive to drastically reduce sulphur emissions from vessels operating in the Nort

about 14 years ago
PGS to Charter Four PF THOR’s Seismic Vessels
Business & Finance

PGS to Charter Four PF THOR’s Seismic Vessels

Petroleum Geo-Services (PGS) has signed charter agreements with PF THOR for four new seismic support vessels to assist its seismic operations worldwide. The vessels will be built at Besiktas in Turkey, owned and operated by PF THOR and chartered by PGS on 10 year time charter contracts, with options

about 14 years ago
New Zealand: Chatham Rock Phosphate Water Turbidity Model Shows Encouraging Results
Business & Finance

New Zealand: Chatham Rock Phosphate Water Turbidity Model Shows Encouraging Results

Highly sophisticated computer models of the turbidity from material disturbed during extraction of rock phosphate nodules by Chatham Rock Phosphate have shown encouraging results. The modelling work is being undertaken by Dutch applied research organisation Deltares using complex modelling technique

about 14 years ago
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