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Business & Finance

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Statoil Begins Building Norway’s Biggest Research Centre for Improved Recovery
Business & Finance

Statoil Begins Building Norway’s Biggest Research Centre for Improved Recovery

As part of Statoil’s plans to increase the recovery rate on the Norwegian continental shelf from 50% to 60%, Statoil has commenced building Norway’s biggest research centre for improved recovery in Trondheim. Norway’s petroleum and energy minister Ola Borten Moe and CEO Helge Lund were present to ce

about 14 years ago
USA: Army Corps Awards Jamaica Bay Dredging Contract
Business & Finance

USA: Army Corps Awards Jamaica Bay Dredging Contract

The U.S. Army Corps of Engineers, New York District, has awarded a contract for $3.9 million to Cashman Dredging and Marine Contracting Company of Quincy, Mass., for the maintenance dredging of the Jamaica Bay Federal Channel at Rockaway Inlet. The maintenance dredging will restore authorized channe

about 14 years ago
Seven Foreign Ships Under Detention in UK Ports During August 2012
Business & Finance

Seven Foreign Ships Under Detention in UK Ports During August 2012

The Maritime and Coastguard Agency (MCA) announced yesterday that seven foreign flagged ships were under detention in UK ports during August 2012 after failing Port State Control (PSC) inspection. Latest monthly figures show that there was one new detention of foreign flagged ships in UK ports durin

about 14 years ago
Bayfield Provides Update on Its Activities Off Trinidad
Business & Finance

Bayfield Provides Update on Its Activities Off Trinidad

Bayfield Energy Holdings plc, an upstream oil and gas exploration and production company with interests offshore Trinidad and South Africa, provides the following updates concerning its activities. Oil sales contract Bayfield and the Trinidad state oil company, Petrotrin, have agreed revisions to th

about 14 years ago
USA: TDW Completes Subsea Pipeline Isolation in Gulf of Mexico
Business & Finance

USA: TDW Completes Subsea Pipeline Isolation in Gulf of Mexico

TDW Offshore Services (TDW), a leading supplier of pipeline services and equipment, has successfully completed a subsea pipeline pressure isolation operation in the Gulf of Mexico. Carried out at a depth of 370 ft (113 m) against 870 psig, this isolation enabled the safe and effective tie-in of a pi

about 14 years ago
Jammu and Kashmir Establishes Wullar Lake Development Authority
Business & Finance

Jammu and Kashmir Establishes Wullar Lake Development Authority

After nearly two years of inordinate delay the Jammu and Kashmir Government has finally constituted the Wullar Development Authority (WDA) to restore the pristine glory of Asia’s largest freshwater lake – Wullar – in north Kashmir. Officials said the formation of the WDA will streamline implementati

about 14 years ago
Norway: WSS Receives Safety Service Approvals from GL and RINA
Business & Finance

Norway: WSS Receives Safety Service Approvals from GL and RINA

Wilhelmsen Ships Service (WSS) has received vital approvals for its safety service from two of the world’s leading Classification Societies: Germanischer Lloyd (GL) and RINA (Royal Institute of Naval Architects). Mats Hestman, WSS International Service Manager Safety said: “WSS is the first maritime

about 14 years ago
Tetra Tech Awarded USD 24 Million EPA Revitalization Program (USA)
Business & Finance

Tetra Tech Awarded USD 24 Million EPA Revitalization Program (USA)

Tetra Tech, Inc. announced today that it was awarded a $24 million multiple-award, indefinite-delivery/indefinite-quantity contract to provide technical, analytical, and programmatic support services to the U.S. Environmental Protection Agency (EPA) Brownfields and Land Revitalization Program. Under

about 14 years ago
Norway: Det Norske Submits Impact Assessment for Ivar Aasen Field
Business & Finance

Norway: Det Norske Submits Impact Assessment for Ivar Aasen Field

Det norske has submitted an impact assessment for the Ivar Aasen field. The impact assessment forms part of the plan for development and operation (PDO) which will be submitted by the end of this year. The Ivar Aasen field lies in the northern part of the North Sea, approximately 175 km west of Karm

about 14 years ago
The Netherlands: CGGVeritas Buys Fugro’s Geoscience Division for USD 1.5 Bln
Business & Finance

The Netherlands: CGGVeritas Buys Fugro’s Geoscience Division for USD 1.5 Bln

Fugro N.V. and CGGVeritas announced that they have signed an agreement under which CGGVeritas will acquire Fugro’s Geoscience division, excluding the multi client library and Ocean Bottom Nodes business, for a total cash consideration of EUR 1.2 billion. The transaction is a result of Fugro’s review

about 14 years ago
TDW Completes Subsea Pipeline Pressure Isolation in the Gulf of Mexico
Business & Finance

TDW Completes Subsea Pipeline Pressure Isolation in the Gulf of Mexico

TDW Offshore Services (TDW), a leading supplier of pipeline services and equipment, has successfully completed a subsea pipeline pressure isolation operation in the Gulf of Mexico. Carried out at a depth of 370 ft (113 m) against 870 psig, this isolation enabled the safe and effective tie-in of a pi

about 14 years ago
UK: ConocoPhillips Extends Contract for COSLRival
Business & Finance

UK: ConocoPhillips Extends Contract for COSLRival

ConocoPhillips Petroleum Company U.K. Limited has extended the contract for COSLRival with three months to 1 November 2013. In addition CoPUK has been granted 2 x 1 month options for November and December 2013. During Q1 2014 COSLRival will perform her 5 year Special Period Survey prior to start of

about 14 years ago
Norway: Det Norske Submits Impact Assessment for Ivar Aasen Field
Business & Finance

Norway: Det Norske Submits Impact Assessment for Ivar Aasen Field

Det norske has submitted an impact assessment for the Ivar Aasen field. The impact assessment forms part of the plan for development and operation (PDO) which will be submitted by the end of this year. The Ivar Aasen field lies in the northern part of the North Sea, approximately 175 km west of Karm

about 14 years ago
Malaysia: Coastal Sells Two AHTS and One Subsea Support Vessel
Business & Finance

Malaysia: Coastal Sells Two AHTS and One Subsea Support Vessel

Coastal Contracts Bhd announced that its wholly-owned subsidiaries, Coastal Offshore (Labuan) Pte Ltd and Thaumas Marine Ltd, have collectively secured contracts for the sale of two units Anchor Handling Tug Supply (“AHTS”) and one unit Subsea Support Vessel (“SSV”) for an aggregate value of approxi

about 14 years ago
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