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Business & Finance

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Norway: Bergen to Convert Fjord Line’s Ferries to Single LNG Engine Systems
Business & Finance

Norway: Bergen to Convert Fjord Line’s Ferries to Single LNG Engine Systems

Fjord Line has awarded Bergen Group Fosen a supplementary contract for the two cruise ferries currently under construction. The contract comprises a conversion to single LNG engine systems. The LNG (Liquefied Natural Gas) will then be the only fuel source for both vessels already from the first day

about 14 years ago
Australia: AGR Secures Woodside Reservoir Development Advisory Role
Business & Finance

Australia: AGR Secures Woodside Reservoir Development Advisory Role

AGR has been appointed to advise the Vice President of Reservoir Development at Woodside Energy. The role will see AGR work with Woodside to source industry best practice to maximise asset value and review Woodside petro-technical resourcing strategies to identify where AGR may be able to enhance ex

about 14 years ago
Ocean Renewable Power Unveils TidGen Power System (USA)
Business & Finance

Ocean Renewable Power Unveils TidGen Power System (USA)

Portland-based tidal energy expert, Ocean Renewable Power Co., will unveil its first full-scale commercial unit of the TidGen™ Power System on Tuesday, writes Press Herald news portal. This newly developed 180 kilowatt unit will be installed on the Cobscook seafloor sometimes next month. “Maine is w

about 14 years ago
Cargotec Signs Marine Equipment Repair Agreement with HEISCO (Kuwait)
Business & Finance

Cargotec Signs Marine Equipment Repair Agreement with HEISCO (Kuwait)

Cargotec has recently signed an exclusive marine equipment repair agreement with the major engineering, procurement and construction contracting company, Heavy Engineering Industries & Shipbuilding Co (HEISCO). As a result, Cargotec (ARE) LLC will now station a service engineer and technician at HEI

about 14 years ago
UK: Expro Wins Extended Well Testing Contract in Bentley Field
Business & Finance

UK: Expro Wins Extended Well Testing Contract in Bentley Field

Leading international oilfield services company Expro has been awarded a contract to provide equipment and services in support of Xcite Energy’s 90 day extended well test in the Bentley Field. Located in Block 9/3b. 160km’s east of the Shetlands, the Bentley Field is said to contain 116 million barr

about 14 years ago
Expro Bags Well Services Contract for Bentley Field (UK)
Business & Finance

Expro Bags Well Services Contract for Bentley Field (UK)

Leading international oilfield services company Expro has been awarded a contract to provide equipment and services in support of Xcite Energy’s 90 day extended well test in the Bentley Field. Located in Block 9/3b. 160km’s east of the Shetlands, the Bentley Field is said to contain 116 million barr

about 14 years ago
Norway: Statoil Fulfills PSA’s Gullfaks C Order
Business & Finance

Norway: Statoil Fulfills PSA’s Gullfaks C Order

Following the serious well incident on Gullfaks C in May 2010, the Petroleum Safety Authority Norway (PSA) outlined an extensive order for Statoil. After close follow-up of work and measures, the PSA believes Statoil has implemented appropriate improvement measures following the incident, and now co

about 14 years ago
Navgathi Wins Shipbuilding Supervision Contract from South Korea
Business & Finance

Navgathi Wins Shipbuilding Supervision Contract from South Korea

Navgathi Marine Design & Constructions pvt. Ltd has won a major deal on New shipbuilding supervision with a leading International container liner. Navgathi recently announced the the big deal won “New shipbuilding project management of eight container ships commencing construction in S.Korea”. “Four

about 14 years ago
PSA: Statoil Implements Appropriate Measures Following Gullfaks C Incident (Norway)
Business & Finance

PSA: Statoil Implements Appropriate Measures Following Gullfaks C Incident (Norway)

Following the serious well incident on Gullfaks C in May 2010, the Petroleum Safety Authority Norway (PSA) outlined an extensive order for Statoil. After close follow-up of work and measures, the PSA believes Statoil has implemented appropriate improvement measures following the incident, and now co

about 14 years ago
Norway: Aker Solutions to Supply Complete Drilling Equipment for Seadrill’s New Rig
Business & Finance

Norway: Aker Solutions to Supply Complete Drilling Equipment for Seadrill’s New Rig

Aker Solutions has signed a contract with Hyundai Heavy Industries to supply a complete drilling equipment topside package to a new semi-submersible drilling rig the South Korean yard is building for Seadrill, the rig operator. The contract includes an option to supply one more drilling equipment pa

about 14 years ago
South Korea: Aker Solutions Secures Drilling Equipment Order from HHI
Business & Finance

South Korea: Aker Solutions Secures Drilling Equipment Order from HHI

Aker Solutions has signed a contract with Hyundai Heavy Industries to supply a complete drilling equipment topside package to a new semi-submersible drilling rig the South Korean yard is building for Seadrill, the rig operator. The contract includes an option to supply one more drilling equipment pa

about 14 years ago
Salvage Operations Continue on MSC FLAMINIA in Mid Atlantic
Business & Finance

Salvage Operations Continue on MSC FLAMINIA in Mid Atlantic

Fire fighting, salvage operations, continue on the abandoned container ship mid-Atlantic after last week’s cargo explosion Three tugboats with fire-fighting ability are now at the scene. After the arrival of the second firefighting tugboat, a party of four salvage specialists has boarded MSC FLAMINI

about 14 years ago
Star Bulk Announces Incident Involving STAR POLARIS Near Dangjin Port, South Korea
Business & Finance

Star Bulk Announces Incident Involving STAR POLARIS Near Dangjin Port, South Korea

Star Bulk Carriers Corp. on Friday announced that the STAR POLARIS sustained main engine failure while sailing from the port Dangjin, South Korea. The Vessel is currently docked in South Korea where it is undergoing repairs. The Company expects these repairs to be completed in approximately four mon

about 14 years ago
Eni and Rosneft Ink Exploration Loan Facility Agreement for Joint Activities Offshore Russia
Business & Finance

Eni and Rosneft Ink Exploration Loan Facility Agreement for Joint Activities Offshore Russia

Eni CEO Paolo Scaroni and Rosneft Vice President Igor Pavlov signed an Exploration Loan Facility Agreement, in the presence of the Prime Minister of the Russian Federation, Dmitri Medvedev, and Italian Prime Minister Mario Monti. The agreement concerns Eni’s financing costs, as determined by previou

about 14 years ago
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