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Business & Finance

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Wartsila Provides Ship Designs for Three PSVs to Be Operated by Statoil, Norway
Business & Finance

Wartsila Provides Ship Designs for Three PSVs to Be Operated by Statoil, Norway

Wärtsilä, the marine industry’s leading solutions and services provider, has been contracted to supply the ship designs for three new platform supply vessels (PSVs). The contracts have been signed with Kleven Maritime AS, the Norwegian shipyard that will build the vessels, two of which will be owned

about 14 years ago
Wartsila to Design and Equip Three New PSVs (Finland)
Business & Finance

Wartsila to Design and Equip Three New PSVs (Finland)

Wärtsilä, the marine industry’s leading solutions and services provider, has been contracted to supply the ship designs for three new platform supply vessels (PSVs). The contracts have been signed with Kleven Maritime AS, the Norwegian shipyard that will build the vessels, two of which will be owned

about 14 years ago
Ophir Hits Gas in Tonel-1 Well Offshore Equatorial Guinea
Business & Finance

Ophir Hits Gas in Tonel-1 Well Offshore Equatorial Guinea

Ophir Energy plc announces that the Tonel-1 (R-4) well in Block R, Equatorial Guinea, is a 800BCF (133mmboe) gas discovery. Tonel is the first in the three well Ophir operated in 2012 Block R drilling campaign in Equatorial Guinea using the “Eirik Raude” semi-submersible rig. The well spudded on 07

about 14 years ago
BSEE Initiates Multi-Week Oil Spill Response Exercise (USA)
Business & Finance

BSEE Initiates Multi-Week Oil Spill Response Exercise (USA)

The Bureau of Safety and Environmental Enforcement (BSEE) yesterday initiated the first ever drill designed to deploy critical pieces of state-of-the-art well control equipment to the ultra-deep seabed of the Gulf of Mexico in an effort to exercise the oil and gas industry’s response to a potential

about 14 years ago
Australia: Strategic Marine to Build Offshore Cargo Catamaran
Business & Finance

Australia: Strategic Marine to Build Offshore Cargo Catamaran

Western Australian (WA) ship builder Strategic Marine has signed a contract with repeat client Offshore Plant Hire for the construction of a 24 metre heavy duty offshore cargo catamaran. The catamaran will be built at Strategic Marine’s Singapore facility which is nearing the end of a major expansio

about 14 years ago
UK: Rolls-Royce to Supply Large Thrusters for High Tech Drillships
Business & Finance

UK: Rolls-Royce to Supply Large Thrusters for High Tech Drillships

Rolls-Royce, the global power systems company, announced orders worth over £70 million to supply large thrusters for offshore drilling vessels. These latest orders, which include options for additional thrusters, are from a variety of customers who are expanding their drillship fleets and are driven

about 14 years ago
First Subsea Names New Managing Director (UK)
Business & Finance

First Subsea Names New Managing Director (UK)

Subsea connector specialist, First Subsea Ltd has appointed John Shaw as managing director. Previously First Subsea’s global operations director, he will be responsible for the on-going development and growth of the company’s ball and taper connector business in the oil and gas and renewable energy

about 14 years ago
UK: Rolls-Royce to Supply Large Thrusters for Offshore Drilling Vessels
Business & Finance

UK: Rolls-Royce to Supply Large Thrusters for Offshore Drilling Vessels

Rolls-Royce, the global power systems company, today announced orders worth over £70 million to supply large thrusters for offshore drilling vessels. These latest orders, which include options for additional thrusters, are from a variety of customers who are expanding their drillship fleets and are

about 14 years ago
UK Reduces Support for Wind Power
Business & Finance

UK Reduces Support for Wind Power

Changes to subsidies for renewable electricity could incentivise between £20 billion and £25 billion of new investment in the economy between 2013 and 2017. The Banding Review for the Renewables Obligation will support jobs and deliver more clean power with a reduction in costs to consumers between

about 14 years ago
Seadrill Bags Contracts for Three Newbuild Drillships (USA)
Business & Finance

Seadrill Bags Contracts for Three Newbuild Drillships (USA)

Seadrill has received a commitment from a major oil company for new contracts on newbuild drillships West Auriga, West Vela and a third drilling unit currently in operation, which will be named later. The combined 3 rig package involves 19 rig years and a potential contract value of US$4 billion, in

about 14 years ago
Germany: HHLA Adjusts Forecast to Altered Market Conditions
Business & Finance

Germany: HHLA Adjusts Forecast to Altered Market Conditions

As a consequence of the looming economic slowdown and new schedules of shipping companies, the Executive Board of HHLA last night adjusted its forecast for the current financial year. Upon the reassessment, it is now expecting a container throughput for 2012 in the region of the previous year (2011:

about 14 years ago
Norway: Lundin Petroleum Spuds Fifth Appraisal Well on Johan Sverdrup Discovery
Business & Finance

Norway: Lundin Petroleum Spuds Fifth Appraisal Well on Johan Sverdrup Discovery

Lundin Petroleum AB (Lundin Petroleum) announces that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has commenced the drilling of the appraisal well 16/2-13 on the north eastern part of the Johan Sverdrup discovery. The well is located 2.5 km north east of the discovery well 16/2-6 ma

about 14 years ago
Wave Energy Continues to Develop with GreenWAVE (Australia)
Business & Finance

Wave Energy Continues to Develop with GreenWAVE (Australia)

Oceanlinx is searching for local contractors who will build and launch the greenWAVE concrete structure for their 1MW wave energy plant. As written in an article of The Border Watch Newspaper, featured on Oceanlinx’s official website, the company’s CEO Ali Baghaei and project analyst Sean Barrett vi

about 14 years ago
BMT Scientific Marine Services Achieves ISO 9001:2008 Certification (USA)
Business & Finance

BMT Scientific Marine Services Achieves ISO 9001:2008 Certification (USA)

BMT Scientific Marine Services (BMT), a subsidiary of the international engineering, maritime and risk management consultancy, BMT Group Ltd is now an ISO 9001:2008 certified company. This year, the company rolled out a Quality Management System that has been determined to meet the requirements of t

about 14 years ago
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