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Business & Finance

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UK: NHC Set for Growth in Annual Figures
Business & Finance

UK: NHC Set for Growth in Annual Figures

A specialist North-east oil and gas industry support and training facility is on track to double its turnover this year. The Aberdeen-based National Hyperbaric Centre (NHC), which has been operating in the North-east for more than 25 years is set to see an increase of more than £3m in the annual fig

about 14 years ago
Northstar Offshore in $160 Mln Gulf of Mexico Acquisitions
Business & Finance

Northstar Offshore in $160 Mln Gulf of Mexico Acquisitions

Northstar Offshore Group, LLC a portfolio company of Natural Gas Partners (“NGP”) – yesterday announced the completion of two shallow water acquisitions in the Gulf of Mexico from private sellers, for a combined total of $160 million. On October 11, 2012, Northstar acquired the Creole field, located

about 14 years ago
McDermott Secures Two Rig Repair Contracts (Mexico)
Business & Finance

McDermott Secures Two Rig Repair Contracts (Mexico)

McDermott International, Inc. (McDermott) announced, Oct 17th, that one of its subsidiaries has been awarded contracts to refurbish and undertake rig repair work at the McDermott Altamira fabrication facility in Tamaulipas, Mexico. The two jack-up rigs are the Friede & Goldman L-780 Mod II design an

about 14 years ago
USA: Contract Solicitation for Miami Harbor Deepening Project Underway
Business & Finance

USA: Contract Solicitation for Miami Harbor Deepening Project Underway

The U.S. Army Corps of Engineers, Jacksonville District announced the contract solicitation process for the Miami Harbor Deepening project is now underway. The bid solicitation includes deepening existing Federal navigation channels (primarily from 42 feet to 50 feet deep) and widening the channels

about 14 years ago
USA: Bodkin Design Develops Prototype Wave-Harvesting System
Business & Finance

USA: Bodkin Design Develops Prototype Wave-Harvesting System

Bodkin Design & Engineering (BD&E) has been awarded a Phase I SBIR contract from the Navy to develop a prototype wave harvesting system capable of generating power from ocean energy found in coastal waters. The fully submerged, robust, self-contained design is anti-fouling and ideally suited for sur

about 14 years ago
UK: Energy Minister Fergus Ewing Visits GE Oil & Gas Facility in Aberdeen
Business & Finance

UK: Energy Minister Fergus Ewing Visits GE Oil & Gas Facility in Aberdeen

Fergus Ewing MSP, Scottish Minister for Energy, Enterprise & Tourism, recently met with GE Oil & Gas at Subsea Systems facility in Aberdeen. Mr. Ewing met Rod Christie, Vice President of Subsea Systems at GE Oil & Gas, to discuss the ambitious expansion plans set in motion at its subsea manufacturin

about 14 years ago
Finland: Sance Wins Contract for Interior Engineering Work on TUI-Cruise Ships
Business & Finance

Finland: Sance Wins Contract for Interior Engineering Work on TUI-Cruise Ships

Sance-Sandelin Consulting and Engineering Ltd has received 4th new engineering contract concerning the TUI-cruise ship. The contract participants are Sance and Shippax Ltd and the contract includes the HVAC- and technical interior engineering of the cabin areas. The engineering work has started and

about 14 years ago
Rockhopper, Premier Complete Farm-Out Agreement (Falkland Islands)
Business & Finance

Rockhopper, Premier Complete Farm-Out Agreement (Falkland Islands)

Rockhopper, the North Falkland Basin oil and gas exploration company, has announced the completion of the farm-out agreement with Premier Oil plc. Premier has agreed to pay Rockhopper an upfront cash consideration of US$231 million, payable on completion of the transaction. Furthermore, Premier will

about 14 years ago
CIS to Provide Conductor-Driving Services Offshore Kazakhstan
Business & Finance

CIS to Provide Conductor-Driving Services Offshore Kazakhstan

Conductor Installation Services Ltd (CIS), an Acteon company, announced that it has been awarded a USD multi-million contract by Weatherford Kazakhstan to provide conductor-driving services in Kazakhstan. The contract requires CIS to carry out up to eight conductor-driving operations annually on wel

about 14 years ago
USA: Neptune’s WEC Devices Show Great Viability
Business & Finance

USA: Neptune’s WEC Devices Show Great Viability

Field testing of both Wave Energy Conversion (WEC) devices deployed by Neptune Wave Power LLC at the University of New Hampshire’s Center for Ocean Renewable Energy (CORE) has shown a great viability of the devices in generating wave power. The company has tested two buoy models, 3.0 and 3.1. The 3.

about 14 years ago
VIDEO: Edda Ferd PSV Launched in Spain
Business & Finance

VIDEO: Edda Ferd PSV Launched in Spain

On Wednesday, 17th October 2012, at high tide, the Edda Ferd vessel built for the Norwegian shipowner Østensjø Rederi was launched at Astilleros Gondan shipyard in Spain, Edda Ferd is a 92,60 m long platform supply vessel of Skipsteknisk design. It can accommodate 40 people and has a deck area of 1.

about 14 years ago
Spain: Gondan Shipyard Launches PSV EDDA FERD
Business & Finance

Spain: Gondan Shipyard Launches PSV EDDA FERD

Platform Supply Vessel “EDDA FERD” (Construction C444) built for the Norwegian Shipowner OSTENSJO REDERI AS, was launched, Oct 17th, at Gondan shipyard, Figueras facility (Castropol). This PSV is designed by the Norwegian company SKIPSTEKNISK, with the length of 92,60 m, breadth of 20,6 m the vessel

about 14 years ago
HMS Protector Surveys Darkdale Wreck Off St Helena Island
Business & Finance

HMS Protector Surveys Darkdale Wreck Off St Helena Island

The ice patrol ship HMS Protector has returned, after seventy-one years, to the spot where Darkdale went down in James Bay to survey the wreck using her suite of the latest sonar technology. In 1941, St Helena served as an important staging post in the war against the U-boat in the South Atlantic. D

about 14 years ago
HMS Protector Helps Salvage Experts Study in St Helena
Business & Finance

HMS Protector Helps Salvage Experts Study in St Helena

Survey ship HMS Protector produced stunning sonar imagery of the wreck of a wartime tanker to help salvage experts study the state of it. Unmistakeably broken in two, these are the upturned remains of a Royal Navy tanker seen as never before after seven decades on the Atlantic seabed. This is the wr

about 14 years ago
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