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Business & Finance

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Bermuda: Ship Finance to Sell Front Climber
Business & Finance

Bermuda: Ship Finance to Sell Front Climber

Ship Finance International Limited, today announced that it has agreed to sell the 21-year old combination carrier Front Climber to an unrelated third party and has simultaneously agreed to terminate the corresponding charter party with a subsidiary of Frontline Ltd. Delivery to the new owner is exp

about 14 years ago
Denmark: Comfort at Sea Acquires New Vessel
Business & Finance

Denmark: Comfort at Sea Acquires New Vessel

Comfort at Sea that offers hotel accommodation vessels to the offshore wind industry has aquired another vessel. It is the ropax Ocean Atlantic with a passanger capacity of 235 in 147 cabins. “This is a vessel that will meet the requirements for more space for tool containers and workshops for the c

about 14 years ago
Offshore Positioning Contract for VERIPOS (UK)
Business & Finance

Offshore Positioning Contract for VERIPOS (UK)

Veripos, world leaders for supply of high-precision GNSS positioning facilities to the offshore industry, has been awarded a three-year exclusive contract by Neptune Marine Services (NMS) of Perth, Western Australia for provision of services in support of its worldwide operations involving engineeri

about 14 years ago
Veripos Bags Positioning Services Contract in Australia
Business & Finance

Veripos Bags Positioning Services Contract in Australia

Veripos, world leaders for supply of high-precision GNSS positioning facilities to the offshore industry, has been awarded a three-year exclusive contract by Neptune Marine Services (NMS) of Perth, Western Australia for provision of services in support of its worldwide operations involving engineeri

about 14 years ago
Moog Acquires Tritech International (UK)
Business & Finance

Moog Acquires Tritech International (UK)

Moog Inc. has announced that they have purchased Tritech International Ltd. from Halma P.L.C. on 22 August 2012. Tritech will now be part of the Moog Components Group and report directly into the Moog Components Group’s Halifax operations. It is anticipated that this latest exciting development for

about 14 years ago
More Precaution Needed for Deep Sea Minerals Exploration (Fiji)
Business & Finance

More Precaution Needed for Deep Sea Minerals Exploration (Fiji)

Exploring for deep sea minerals and possible exploitation in future presents an emerging new economic opportunity for Pacific Island countries. But this opportunity must be balanced against protection of the ocean environment and preservation of rare and fragile ecosystems and ocean habitats. Dr Rus

about 14 years ago
Ramboll Oil & Gas’ Revenue Rises 11 Pct (Denmark)
Business & Finance

Ramboll Oil & Gas’ Revenue Rises 11 Pct (Denmark)

Ramboll’s revenue grew by 11% to DKK 3.9 billion during the first six months of 2012. Operating profit before goodwill amortisation (EBITA) was DKK 231 million, which was 63% higher than the same period last year. Denmark’s Ramboll achieved all-time high revenue of DKK 3,886 million during the first

about 14 years ago
DOF Subsea Releases 2Q Financial Report (Norway)
Business & Finance

DOF Subsea Releases 2Q Financial Report (Norway)

DOF Subsea AS, a leading provider of subsea services to the Oil and Gas industry, has released 2nd quarter financial report. During the 2nd quarter several contracts were ob¬tained on the DOF Subsea Vessels. The Asia Pacific region entered into several contracts where Skandi Singapore, Skandi Hercul

about 14 years ago
Poulsen Rejoins Lundin (Sweden)
Business & Finance

Poulsen Rejoins Lundin (Sweden)

Lundin Petroleum has announced that Teitur Poulsen will assume the position of VP Corporate Planning & Investor Relations effective 3 September 2012 and will assume overall responsibility for investor relations as well as corporate development. Teitur Poulsen re-joins Lundin Petroleum from Det norsk

about 14 years ago
Imtech Marine Bags Two Orders from FSG (Germany)
Business & Finance

Imtech Marine Bags Two Orders from FSG (Germany)

Flensburger Schiffbau-Gesellschaft (FSG) relies even twice on the experience and expertise of Imtech Marine: Two contracts were signed in July for a Ro-Pax ferry for Caledonian Maritime Assets of Scottish Limited (CMAL) and for two offshore vessels for one of the leading seismic companies. Axel Roth

about 14 years ago
A&P’s Facilities Welcomes a Number of Vessels (UK)
Business & Finance

A&P’s Facilities Welcomes a Number of Vessels (UK)

A&P North East recently welcomed a number of clients to their two facilities, one on the Tees near Middlesbrough and one on the Tyne near Newcastle. Among those visiting the Tyne yard were Van Oord, with their vessel Ham 601. Arriving towards the end of July for a short stay the vessel underwent str

about 14 years ago
Major Milestone for Western Basin Dredging and Disposal Project (Australia)
Business & Finance

Major Milestone for Western Basin Dredging and Disposal Project (Australia)

The Western Basin Dredging and Disposal Project (WBDDP) reached a major milestone this week with 8 million cubic metres of material now dredged out of the Gladstone harbour which is just over 30% of the total 26 million cubic metres. The backhoe dredging works for this project are now complete. All

about 14 years ago
Eni, Octanex Renew Offshore Australia Permits for 5 Years
Business & Finance

Eni, Octanex Renew Offshore Australia Permits for 5 Years

Octanex N.L. has announced that the Joint Venture exploring the two Exmouth Plateau permits, WA-362-P and WA-363-P, has been granted renewals of both permits. The initial 6-year terms of the two permits expired on 21 December 2011 and the Joint Venture (comprising Octanex and Eni Australia Limited (

about 14 years ago
Apache FASP Jacket Leaves for Forties Field (UK)
Business & Finance

Apache FASP Jacket Leaves for Forties Field (UK)

Offshore Group Newcastle (OGN) one of the UK’s leading EPC service providers to the offshore oil & gas and wind energy sectors has informed of the safe and successful departure of the Apache FASP jacket structure. The Apache FASP jacket, the largest to ever be designed and fabricated on the River Ty

about 14 years ago
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