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Business & Finance

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Norway: Kvaerner Pulls Out of Offshore Wind
Business & Finance

Norway: Kvaerner Pulls Out of Offshore Wind

“The engagement in the wind industry will be discontinued,“ said the Norwegian fabricator Kvaerner in the 2nd quarter and half year 2012 report. The company has delivered 19 of 48 wind jackets including the transformer jacket for the Nordsee Ost project during the second quarter. The RWE’s ”on-going

about 14 years ago
Blue Water Shipping: New Office in Hamburg, Germany
Business & Finance

Blue Water Shipping: New Office in Hamburg, Germany

During recent years, Blue Water Shipping has increased its activities within transport and logistics to the wind industry. With a view to continue the growth and follow the development in this industry, Blue Water has decided to establish a sales and representative office in Hamburg, Germany. “Hambu

about 14 years ago
UK: Kongsberg Underwater Cameras for SMD Trencher
Business & Finance

UK: Kongsberg Underwater Cameras for SMD Trencher

Global marine technology developer Kongsberg Maritime’s Aberdeen based underwater camera group has received contracts to supply comprehensive underwater camera packages to a total of four new state-of-the-art SMD trencher and mining vehicles being delivered to major subsea service clients. The first

about 14 years ago
Zarubezhneft Getting Ready for Drilling Offshore Cuba
Business & Finance

Zarubezhneft Getting Ready for Drilling Offshore Cuba

Russia’s Zarubezhneft is getting ready to begin its oil and gas exploration campaign offshore Cuba. Songa Mecur, the semi-submersible rig to be used for the campaign, is expected to arrive to Trinidad next week, where it will undergo preparations work before setting sail to Cuban waters. The drillin

about 14 years ago
Kongsberg to Supply SMD Trenchers with Underwater Cameras (UK)
Business & Finance

Kongsberg to Supply SMD Trenchers with Underwater Cameras (UK)

Global marine technology developer Kongsberg Maritime’s Aberdeen based underwater camera group has received contracts to supply comprehensive underwater camera packages to a total of four new state-of-the-art SMD trencher and mining vehicles being delivered to major subsea service clients. The first

about 14 years ago
UK: GBP 2.8 Bn Renewable Energy Investment During Economic Downturn
Business & Finance

UK: GBP 2.8 Bn Renewable Energy Investment During Economic Downturn

While many companies and traditional industries have struggled, Scotland’s renewable electricity industry has delivered capital investment of some £2.8bn since the beginning of 2009, according to new figures from Scottish Renewables. The figures are part of a new series of statistics ‘Scotland’s Ren

about 14 years ago
USA: Marad to Study Double Hulls
Business & Finance

USA: Marad to Study Double Hulls

Marad will study the safety, economic and environmental issues of vessels to be constructed with double hulls. Following the Exxon Valdez disaster, the passing of the Oil Pollution Act of 1990 (OPA 90) led to the requirement to replace single hull petroleum tankers with double hull tank vessels sail

about 14 years ago
Income Increases for Deep Down (USA)
Business & Finance

Income Increases for Deep Down (USA)

Deep Down, Inc., an oilfield services company specializing in products and services for the deepwater and ultra-deepwater oil and gas industry, reported net income of $639 thousand for the second quarter of 2012, an improvement of $685 thousand over the same period in 2011. For the second quarter of

about 14 years ago
Songa Offshore Provides July Fleet Update (Norway)
Business & Finance

Songa Offshore Provides July Fleet Update (Norway)

An international offshore drilling company, Songa Offshore, today released the fleet update for the month of July. Songa Venus achieved an operating efficiency of 100% during the month. The rig continues to operate for Petronas Carigali in Malaysia. Petronas exercised the 1 year optional contract du

about 14 years ago
Petronas Books Songa Venus for One More Year (Malaysia)
Business & Finance

Petronas Books Songa Venus for One More Year (Malaysia)

Petronas, Malaysian state-controlled oil company, has exercised the 1 year optional contract for Songa Offshore’s semi-submersible drilling rig, Songa Venus. Songa Offshore, a Cyprus based drilling contractor and the owner of the rig, has revealed the information in its fleet status report for July

about 14 years ago
BMT Bags EFMS Contract from Chevron (USA)
Business & Finance

BMT Bags EFMS Contract from Chevron (USA)

Chevron U.S.A. Inc. has awarded a contract to BMT Scientific Marine Services Inc (BMT) to provide an Environmental and Facilities Monitoring System (EFMS) for the Chevron operated Big Foot Tension Leg Platform (TLP) in the Gulf of Mexico. The EFMS monitors, logs and displays data in real-time on the

about 14 years ago
USA: Conservation, Wildlife, and Health Groups Require Dispersant Rulemaking from EPA
Business & Finance

USA: Conservation, Wildlife, and Health Groups Require Dispersant Rulemaking from EPA

A coalition of conservation, wildlife and public health groups in the Gulf region and in Alaska filed a citizen suit under the provisions of the federal Clean Water Act to compel the U.S. Environmental Protection Agency (EPA) to issue a rule on chemical oil dispersants. EPA’s current rules—which dur

about 14 years ago
Vietnam: Hyundai-Vinashin Delivers Newbuild Bulk Carrier
Business & Finance

Vietnam: Hyundai-Vinashin Delivers Newbuild Bulk Carrier

On August 10th 2012, PT PANN (Indonesia) has taken delivery of M/V VENTURE PEARL (Hull No. S010), a 56.000 DWT bulk carrier from Hyundai-Vinashin Shipyard. At the ceremony, after an honorable short presentation about Yard’s general information, Mr. T. W. Park, Vice President of HVS, and Mr. F. X. Ko

about 14 years ago
Chilean Government Plans to Build New Port
Business & Finance

Chilean Government Plans to Build New Port

According to Portstrategy, the Chilean government has proposed construction of a new port that will serve the country’s Fifth region. Fifth region is already home to both San Antonio and Valparaiso ports, as well as the capital city of Santiago. Portstrategy reports that the location of the port is

about 14 years ago
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