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Business & Finance

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Japan: Air-lubrication System on Two Module Carriers Reduces CO2 Emissions by 6 Pct
Business & Finance

Japan: Air-lubrication System on Two Module Carriers Reduces CO2 Emissions by 6 Pct

Nippon Yusen Kaisha and two NYK Group companies, the Monohakobi Technology Institute (MTI) and NYK-Hinode Line Ltd., have completed two years of experiments on the air-lubrication systems installed on two of the group’s module carriers, Yamato and Yamatai, and resultantly confirmed an average 6 perc

about 14 years ago
Apply Bags USD 245.8 Mln Worth of Contracts (Norway)
Business & Finance

Apply Bags USD 245.8 Mln Worth of Contracts (Norway)

Apply has over the last weeks been awarded contracts worth over 1.5 billion NOK (245.8 million USD). In addition to significant contracts in Norway, new projects as far apart as Canada and Australia confirm the Group’s growing international scope. Living Quarters to the Hebron platform, offshore Can

about 14 years ago
BioPower Systems Receives AUD 5.6 Million from Australian Government
Business & Finance

BioPower Systems Receives AUD 5.6 Million from Australian Government

The Federal Minister for Resources and Energy, Martin Ferguson AM MP, announced a $5.6 million grant for BioPower Systems’ $15 million bioWAVE Pilot Demonstration Project off the coast of Victoria. These funds add to the $5 million recently awarded to the project by the Victorian Government, confirm

about 14 years ago
Apply Secures New Contracts Worth USD 245.8 Million
Business & Finance

Apply Secures New Contracts Worth USD 245.8 Million

Apply has over the last weeks been awarded contracts worth over 1.5 billion NOK. In addition to significant contracts in Norway, new projects as far apart as Canada and Australia confirm the Group’s growing international scope. Living Quarters to the Hebron platform, offshore Canada to Apply Leivik

about 14 years ago
UAE: ADPC, Parsons International Ltd Sign Marfa Port Development Contract
Business & Finance

UAE: ADPC, Parsons International Ltd Sign Marfa Port Development Contract

Abu Dhabi Ports Company (ADPC) and Parsons International Limited have signed a consultancy contract for the first phase development of Marfa Port, Abu Dhabi. Following directions from the Abu Dhabi Government, ADPC tendered a contract for specialised consultants to develop Marfa Port. Parsons was se

about 14 years ago
Coastal Energy Extends Contract for Vicksburg Jack-Up Rig (Thailand)
Business & Finance

Coastal Energy Extends Contract for Vicksburg Jack-Up Rig (Thailand)

Atwood Oceanics Inc., has been awarded a twelve-month contract extension with Coastal Energy Company for the jackup rig Vicksburg for operations in Thailand. The extension is priced at a day rate of $105,000 from January 1, 2013 to June 30, 2013, after which the day rate will increase to $115,000 un

about 14 years ago
Sea Fibre Inks New Contract with euNetworks
Business & Finance

Sea Fibre Inks New Contract with euNetworks

Sea Fibre Networks, owner and operator of Europe’s most advanced subsea telecoms network, CeltixConnect, today announced a new fibre contract with euNetworks, one of Europe’s leading bandwidth infrastructure providers. From the end of June, euNetworks’ customers have been enabled with a low latency

about 14 years ago
Norway: Remoy Shipping Orders LNG Powered PSV from Kleven Maritime
Business & Finance

Norway: Remoy Shipping Orders LNG Powered PSV from Kleven Maritime

Kleven Maritime has signed a contract with Remøy Shipping on the delivery of a LNG powered platform supply vessel. The vessel is to be built at Kleven Maritime’s shipyard Kleven Verft. Total contract value for Kleven is around 400 million NOK (approx USD 65.5 mln). In addition, the contract also inc

about 14 years ago
MT Stolt Valor Salvage Operations Come to Successful Conclusion (Bahrain)
Business & Finance

MT Stolt Valor Salvage Operations Come to Successful Conclusion (Bahrain)

As the Kingdom of Bahrain gears up to host the 2012 World Maritime Day Parallel Event in October under the theme “IMO: 100 years after the Titanic”, maritime safety and protection of the environment has always been the top priority for the General Organisation of Sea Ports (GOP) in the on-going oper

about 14 years ago
Norway: Kleven Maritime Builds LNG Powered PSV for Remøy Shipping
Business & Finance

Norway: Kleven Maritime Builds LNG Powered PSV for Remøy Shipping

Kleven Maritime has signed a contract with Remøy Shipping on the delivery of a LNG powered platform supply vessel. The vessel is to be built at Kleven Maritime’s shipyard Kleven Verft. Total contract value for Kleven is around 400 million NOK. In addition, the contract also includes an option for a

about 14 years ago
Norway: Havyard Develops New Bridge Concept for Offshore Vessels
Business & Finance

Norway: Havyard Develops New Bridge Concept for Offshore Vessels

Havyard Group AS has developed a brand new and more functional bridge concept. This first edition will now be fitted onboard the Havyard 832 L designed vessel, “Vestland Mira”. Project Manager Svein Olav Tørresdal of Havyard Power & Systems has been heading the design and the development of this mod

about 14 years ago
AGR’s Division Joins Forces with ORS (Norway)
Business & Finance

AGR’s Division Joins Forces with ORS (Norway)

Ocean Riser Systems (ORS) has joined forces with Enhanced Drilling Solutions (EDS), a division of AGR Group (AGR), to form AGR EDS-ORS. The announcement was made on the Oslo Stock Exchange this morning that AGR has signed an agreement to purchase 100% of the shares in ORS, which has ‘developed techn

about 14 years ago
Norway: Havyard Develops New and More Functional Bridge Concept
Business & Finance

Norway: Havyard Develops New and More Functional Bridge Concept

Havyard Group AS has developed a brand new and more functional bridge concept. This first edition will now be fitted onboard the Havyard 832 L designed vessel, “Vestland Mira”. Project Manager Svein Olav Tørresdal of Havyard Power & Systems has been heading the design and the development of this mod

about 14 years ago
Fairfield Resolves Osprey Subsea Manifold Issues (UK)
Business & Finance

Fairfield Resolves Osprey Subsea Manifold Issues (UK)

Fairfield Energy Limited confirms that, following the hydrocarbon sheen reported in the vicinity of the Osprey subsea manifold last Tuesday (10th July), an ROV survey has now successfully identified the source of the subsea leak less than 5 days after the initial reports of the sheen. Fairfield Ener

about 14 years ago
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