VERIPOS, 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 engineering solutions carried out on behalf of oil and gas, marine and renewable energy concerns. The cont
Statoil and its partner Petoro have decided to further develop Gullfaks South in the North Sea by investing NOK 8.5 billion in two new subsea templates and six extra wells. This will boost recovery by 65 million barrels of oil equivalent. Increasing recovery from Gullfaks South will be implemented a
In August, Western Baltija Shipbuilding, a Lithuanian shipyard belonging to BLRT Grupp, delivered the hull of fishing vessel Cattleya to Danish company Karstensens Skibsvaerft A/S. A hull made of steel and weighing 1080 tons was built for the trawler Cattleya on the shipyard of Western Baltija Shipb
Statoil and its partner Petoro have decided to further develop Gullfaks South in the North Sea by investing NOK 8.5 billion (USD 1.44 billion) in two new subsea templates and six extra wells. This will boost recovery by 65 million barrels of oil equivalent. Increasing recovery from Gullfaks South wi
A researcher from the Global Change Institute, at University of Queensland, Ove Hoegh-Guldberg, stated that if the global warming continues, the rising ocean temperatures could harm coral reefs. As reported by news.com.au, Professor Hoegh-Guldberg and fellow researchers published a paper in which th
The Board of Directors of COSCO Corporation (Singapore) Limited announced yesterday that subsidiaries of the Company’s 51% owned COSCO Shipyard Group Co., Ltd have made two deliveries. All the delivery documents were signed by and between the COSCO shipyards and the respective buyers in August 2012.
Offshore Marine Management Limited (OMM) has today announced that it is to sell the assets of its recently-rebranded personnel supply business, Main Source Offshore People Limited (MSOP) to Atlas Services Group Energy Limited (Atlas). The acquisition will see the transfer of assets including contrac
Ocean Power Technologies, Inc. announced that its wholly-owned Oregon subsidiary, Reedsport OPT Wave Park, LLC, has received approval from the U.S. Federal Energy Regulatory Commission (“FERC”) for the full build-out of its planned 1.5 megawatt, grid-connected wave power station off Reedsport, Orego
The Supervisory Board of Royal Imtech N.V. (IM-AE, technical services provider in and outside Europe) announced its intention to appoint Gerard J.A. van de Aast (55) as CEO of Royal Imtech N.V. as of April 2013. Mr. van de Aast is currently employed as CEO of VolkerWessels (Koninklijke Volker Wessel
VOSTA LMG has received a nomination for the development of the GREENFORCE ball joint. This is a revolutionary design of a ball joint for the use in floating pipelines behind cutter suction dredgers. The new design reduces costs and reaches several advantages for the environment. The nominees of the
Vestas generated revenue of EUR 1,611m in the second quarter of 2012 – an increase of 15 per cent to the year-earlier period. EBIT before special items declined by 48 per cent to EUR 40m. The EBIT margin before special items was 2.5 per cent – an improvement of 21 percentage points compared to the [
Vestas generated revenue of EUR 1,611m in the second quarter of 2012 – an increase of 15 per cent to the year-earlier period. EBIT before special items declined by 48 per cent to EUR 40m. The EBIT margin before special items was 2.5 per cent – an improvement of 21 percentage points compared to the [
FN Diving, a company that performs underwater in situ, ship repair maintenance and inspection reducing and avoiding off-hire time, will again be represented at SMM 2012. SMM in Hamburg is the international platform and the leading forum for the maritime industry. This is where the world’s leading co
Emirates Shipping Line announced its FGX – Far East Gulf Express Service. Emirates has slots on Hanjin’s PSG premier Asia to Middle East service. The first sailing of FGX will commence from Pusan on 3rd September. The port rotation is Pusan / Shanghai / Ningbo / Yantian / Singapore / Jebel Ali / Dam
