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Business & Finance

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IEV Malaysia Completes Cendor Field Grouting Operations
Business & Finance

IEV Malaysia Completes Cendor Field Grouting Operations

IEV Malaysia Sdn Bhd, an associate of IEV Group Sdn Bhd in association with FoundOcean Limited has successfully completed the grouting operations for the installation of jackets under a subcontract with TLO for Petrofac in Cendor Field. The scope of work consists of pile sleeve grouting for two (2)

about 14 years ago
Finland: Two Moventas Companies Merge
Business & Finance

Finland: Two Moventas Companies Merge

Wind gear manufacturer Moventas Wind Oy and industrial gear manufacturer Moventas Santasalo Oy are merging into one company on 31 August, 2012. The new company, named Moventas Gears Oy, continues the operations of both companies. “Our new name, Moventas Gears, represents us well. We are an expert in

about 14 years ago
Finland: Two Moventas Companies Merge
Business & Finance

Finland: Two Moventas Companies Merge

Wind gear manufacturer Moventas Wind Oy and industrial gear manufacturer Moventas Santasalo Oy are merging into one company on 31 August, 2012. The new company, named Moventas Gears Oy, continues the operations of both companies. “Our new name, Moventas Gears, represents us well. We are an expert in

about 14 years ago
TGS, Fugro Start 2D Seismic Offshore Greenland
Business & Finance

TGS, Fugro Start 2D Seismic Offshore Greenland

TGS has commenced expansion of a 2D multi-client survey covering 3,000 km in Northeast Greenland in partnership with Fugro. The survey, NEG12, will enable customers to prepare for the announced Greenland Licensing Round in 2012/2013 and will be a significant addition to a data set that TGS and Fugro

about 14 years ago
UK: New Subsea Company Launched
Business & Finance

UK: New Subsea Company Launched

Ennsub to focus on the design and provision of specialised products and equipment and bespoke engineering services to the subsea-sector of the offshore oil and gas industry. In response to continuing high-levels of activity in the subsea industry, a group of senior professionals with extensive track

about 14 years ago
Germany: Reederei Held Chooses GL ShipManager System
Business & Finance

Germany: Reederei Held Chooses GL ShipManager System

The German shipping company Held has recently picked the GL ShipManager system as the new platform for their technical ship management activities. The software will be installed in their Haren office and on all vessels. The fleet of held shipmanagement has grown over the last years. Today, the fleet

about 14 years ago
Congo: Subsea 7 Wins USD 600 Mln Lianzi Contract
Business & Finance

Congo: Subsea 7 Wins USD 600 Mln Lianzi Contract

Subsea 7 S.A. announced the award of an EPIC SURF contract valued at approximately $600 million from Chevron Overseas Congo Ltd for the development of the Lianzi field offshore Congo and Angola. The technical specifications include a 12” wet insulated production flow-line with direct electrical heat

about 14 years ago
TGS, Fugro Begin 2D Survey in Northeast Greenland
Business & Finance

TGS, Fugro Begin 2D Survey in Northeast Greenland

TGS has commenced expansion of a 2D multi-client survey covering 3,000 km in Northeast Greenland in partnership with Fugro. The survey, NEG12, will enable customers to prepare for the announced Greenland Licensing Round in 2012/2013 and will be a significant addition to a data set that TGS and Fugro

about 14 years ago
The Netherlands: Boskalis Posts Results for First Half 2012
Business & Finance

The Netherlands: Boskalis Posts Results for First Half 2012

Royal Boskalis Westminster N.V. (Boskalis) reported a 12% increase in revenue in the first half of the year to EUR 1.4 billion (first half of 2011: EUR 1.25 billion). Organic revenue growth was 5%. Net profit declined to EUR 102.5 million (first half of 2011: EUR 114.1 million). Compared to the end

about 14 years ago
Handal to Provide Crane Services to Carigali Hess (Malaysia)
Business & Finance

Handal to Provide Crane Services to Carigali Hess (Malaysia)

Handal Resources Berhad has announced that its subsidiary Handal Offshore Services Sdn Bhd on 7 August 2012 received a Letter of Award from Carigali Hess to provide long-term crane services. The contract effective date is 13 August 2012 for a duration of three (3) years at approximate value of RM11

about 14 years ago
STX Canada Marine to Support Upcoming OPV Conference in Amsterdam
Business & Finance

STX Canada Marine to Support Upcoming OPV Conference in Amsterdam

STX Canada Marine (STXM) will be one of the exhibit sponsors at the OPV Conference in Amsterdam, which boasts its most elite and diverse speaker faculty to date. Defence IQ consistently performs and presents a well-rounded conference focusing on current trends and expanding markets. STXM is a consul

about 14 years ago
UK Exporters to Reduce Transport Costs by Using London Gateway
Business & Finance

UK Exporters to Reduce Transport Costs by Using London Gateway

Mark Lyndon UK, one of the UK’s largest exporters of used paper, has confirmed that it will significantly reduce haulage costs and increase the efficiency of its export operations by moving cargo through London Gateway. The Nottingham based paper company, which exports through deep-sea shipping to A

about 14 years ago
IEV, FoundOcean Complete Grouting Gig Offshore Malaysia
Business & Finance

IEV, FoundOcean Complete Grouting Gig Offshore Malaysia

IEV Malaysia Sdn Bhd, an associate of IEV Group Sdn Bhd in association with FoundOcean Limited has successfully completed the grouting operations for the installation of jackets under a subcontract with TLO for Petrofac in Cendor Field. The scope of work consists of pile sleeve grouting for two (2)

about 14 years ago
Oceanlinx to Deploy Wave Energy Device Offshore Australia
Business & Finance

Oceanlinx to Deploy Wave Energy Device Offshore Australia

Renewable energy developer, Oceanlinx, is hoping to install its wave energy device offshore Port MacDonnell later this year, ABC news site informed. The company is still waiting for the $7 million project approval from the Federal Government. Oceanlinx CEO Ali Baghaei commented: “We have also spent

about 14 years ago
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