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Business & Finance

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Germany: Buss Port Logistics Receives ISO 9001 Certificate from GL
Business & Finance

Germany: Buss Port Logistics Receives ISO 9001 Certificate from GL

Quality with distinction: Yesterday, the port company Buss Port Logistics (BPL) received the ISO 9001 certificate from Germanischer Lloyd (GL) for its quality management system. With this, the certification organisation confirmed that the management practices at Buss meet the requirements of the int

about 14 years ago
Atargis Energy Concludes Testing of CycWEC (USA)
Business & Finance

Atargis Energy Concludes Testing of CycWEC (USA)

Atargis Energy Corporation recently completed a successful testing campaign at the Texas A&M Offshore Technology Research Center in College Station, TX. This testing campaign was designed to establish the performance of the Atargis proprietary Cycloidal Wave Energy Converter (CycWEC) in a large offs

about 14 years ago
Norway: Statoil Extends Charter Contract for PSV Viking Queen
Business & Finance

Norway: Statoil Extends Charter Contract for PSV Viking Queen

Statoil has declared its option for one year extended period for the Time Charter party with Eidesvik Offshore for the environmental friendly LNG powered PSV Viking Queen. The extended period starts primo November 2012. Statoil has further one yearly option on this contract. [mappress] Source: Stato

about 14 years ago
Malaysia: Lundin Petroleum Completes Tiga Papan 5 Well Offshore Sabah
Business & Finance

Malaysia: Lundin Petroleum Completes Tiga Papan 5 Well Offshore Sabah

Lundin Petroleum AB (Lundin Petroleum) has completed the Tiga Papan 5 well located in Blocks SB307 & SB308, offshore Sabah, Malaysia. The Tiga Papan-5 well targeted an un-appraised fault block of mid-Miocene aged sands of the Tiga Papan Unit that was successfully tested in 1982 by the Tiga Papan 1 w

about 14 years ago
Hamburg Sud Christens Its New Container Ship in Brazil
Business & Finance

Hamburg Sud Christens Its New Container Ship in Brazil

On Thursday, 26 July 2012, Hamburg Süd celebrated the christening of its “Santa Ursula” container ship in the port of Santos (Brazil). The sponsor of the “Santa Ursula” is Marcia A. M. dos Santos, Vice President of Marfrig Alimentos S/A. The “Santa Ursula” is the eighth new build in a series of ten

about 14 years ago
API: Offshore Petroleum Expansion Now Act Could Secure Nation’s Energy Future (USA)
Business & Finance

API: Offshore Petroleum Expansion Now Act Could Secure Nation’s Energy Future (USA)

American Petroleum Institute President and CEO Jack Gerard applauded the introduction of the Offshore Petroleum Expansion Now Act of 2012 (OPEN Act) which promises to expand responsible offshore development, make the U.S. more energy secure and create jobs. “We are an energy-rich nation that can and

about 14 years ago
Petroleum Geo-Services Second Quarter 2012 Income Increases (Norway)
Business & Finance

Petroleum Geo-Services Second Quarter 2012 Income Increases (Norway)

Petroleum Geo-Services ASA announced the second quarter and first half 2012 results. The company highlights of the second quarter 2012 are revenues of $404.8 million, up 24% from Q2 2011; record MultiClient revenues of $236.0 million, up 48% from Q2 2011; marine Contract revenues of $128.5 million,

about 14 years ago
China: Mingde Enters LNG Vessel Sector
Business & Finance

China: Mingde Enters LNG Vessel Sector

The signing ceremony of Strategic Cooperation Agreement between Nantong Mingde Heavy Industry Group and US Cambridge Energy Group was held in Nantong Prince Hotel on July 23rd 2012. LNG Carrier, which is internationally recognized as a high-tech, sophisticated and high value-added product, has been

about 14 years ago
France: Total Joins Chevron and Schlumberger in Development of INTERSECT Simulator
Business & Finance

France: Total Joins Chevron and Schlumberger in Development of INTERSECT Simulator

Schlumberger, Chevron Corporation and Total announced that Total is joining the collaboration to further develop the INTERSECT† next-generation reservoir simulator. Total will contribute engineering resources and expertise to expand the INTERSECT simulator effort. The INTERSECT simulator is an indus

about 14 years ago
USA: Emerson, Ascenz Introduce Remote Fuel Consumption Monitoring System
Business & Finance

USA: Emerson, Ascenz Introduce Remote Fuel Consumption Monitoring System

Emerson Process Management, in collaboration with Ascenz Pte Ltd, introduces a remote fuel consumption and bunkering monitoring system to help shipping companies manage fuel costs. As oil prices remain high, fuel monitoring continues to be a concern for ship owners. Traditionally, there has been vir

about 14 years ago
U.S. Navy Orders SOFC-Battery for Undersea Vehicle Propulsion
Business & Finance

U.S. Navy Orders SOFC-Battery for Undersea Vehicle Propulsion

FuelCell Energy, Inc., a leading manufacturer of ultra-clean, efficient and reliable fuel cell power plants, announced a $3.8 million contract award from the U.S. Navy to develop and test a Hybrid Solid Oxide Fuel Cell (SOFC)-Battery power system for large displacement undersea vehicle propulsion. T

about 14 years ago
Chariot Begins Drilling Operations on Nimrod Prospect Offshore Namibia
Business & Finance

Chariot Begins Drilling Operations on Nimrod Prospect Offshore Namibia

Chariot Oil & Gas Limited, the independent Africa focused oil and gas exploration company, announces that drilling operations have commenced on the Nimrod prospect. This is the second well in Chariot’s 4 to 5 well drilling programme offshore Namibia. The operator has confirmed that the drilling camp

about 14 years ago
Swire Pacific Takes Delivery of WIV Pacific Orca from SHI, South Korea
Business & Finance

Swire Pacific Takes Delivery of WIV Pacific Orca from SHI, South Korea

Swire Pacific Offshore Operations (Pte) Limited (“SPO”), the parent company of Swire Blue Ocean A/S, today took delivery of Pacific Orca, the world’s largest windfarm installation vessel (“WIV”), from Samsung Heavy Industries (“SHI”). The vessel will be deployed to provide service for the Danish uti

about 14 years ago
USA: Vigor Builds Its Capital Assets, Invests in Workforce Development
Business & Finance

USA: Vigor Builds Its Capital Assets, Invests in Workforce Development

“There is a resurgence of the marine industry in the Pacific Northwest we haven’t seen for 20 to 30 years now,” said Vince Piscitello, Vice President of Business Development for Vigor Industrial LLC. “The oil and gas industry is really new to our area,” he said, although he expects to see it grow si

about 14 years ago
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