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Business & Finance

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Tidal Transit: Extension of Contracts for Two Vessels (UK)
Business & Finance

Tidal Transit: Extension of Contracts for Two Vessels (UK)

Leo Hambro from Tidal Transit has announced an extension of contracts for both of its stateoftheart transfer vessels working for wind farm development companies in the North Sea. “One of the vessels, Eden Rose, is under contract to Scira Offshore Energy Limited, the company developing the Sheringham

about 14 years ago
Rialto Starts Drill Stem Testing of Gazelle P3 ST2 Well (Ivory Coast)
Business & Finance

Rialto Starts Drill Stem Testing of Gazelle P3 ST2 Well (Ivory Coast)

Rialto provides the following update on the drill stem testing of the Gazelle-P3 ST2 well announced on 25 June 2012. Following the successful completion of wireline logs, vertical seismic profiling and sidewall coring operations on the Gazelle-P3 ST2 well, the drill stem testing programme has commen

about 14 years ago
UK: Tidal Transit Announces Contracts Extension for Two Vessels
Business & Finance

UK: Tidal Transit Announces Contracts Extension for Two Vessels

Leo Hambro from Tidal Transit has announced an extension of contracts for both of its state-of-the-art transfer vessels working for wind farm development companies in the North Sea. “One of the vessels, Eden Rose, is under contract to Scira Offshore Energy Limited, the company developing the Shering

about 14 years ago
Last Expedition to NOAA’s Undersea Laboratory Starts Next Week (USA)
Business & Finance

Last Expedition to NOAA’s Undersea Laboratory Starts Next Week (USA)

Professor Mark Patterson of the Virginia Institute of Marine Science will next week team with National Geographic’s Explorer-in-Residence Dr. Sylvia Earle on what could be the last expedition to NOAA’s Aquarius Undersea Laboratory, the world’s only underwater research station. Their weeklong mission

about 14 years ago
Irish Maritime Development Office Releases Shipping Markets Review
Business & Finance

Irish Maritime Development Office Releases Shipping Markets Review

On July 10 the Irish Maritime Development Office released a Shipping Markets Review for week 27, 2012, which provides an in depth analysis of international shipping markets and a global economic overview for the week. Based on the report, the container market top 20 carriers remain locked in intense

about 14 years ago
Saudi Arabia’s ADC Buys Rig from Standard Drilling
Business & Finance

Saudi Arabia’s ADC Buys Rig from Standard Drilling

Cyprus-based SD Standard Drilling Plc (“Standard Drilling”) has entered into a final SPA for the sale of one rig (B325) under construction for a total consideration of USD 213,5m. The buyer is Arabian Drilling Company, a company incorporated in Saudi Arabia. The sale of the rig will give an estimate

about 14 years ago
Fairstar Plans Private Placement to Finance New Vessel ‘FATHOM’ (The Netherlands)
Business & Finance

Fairstar Plans Private Placement to Finance New Vessel ‘FATHOM’ (The Netherlands)

Fairstar Heavy Transport N.V., a provider of high-end ocean transportation services, announced today that it intends to issue up to USD 335 million of five-year, senior secured debt securities in a private placement not registered under the U.S. Securities Act of 1933. The proceeds of the proposed o

about 14 years ago
GGOS Takes Delivery of Platform/ROV Support Vessel (India)
Business & Finance

GGOS Takes Delivery of Platform/ROV Support Vessel (India)

Greatship Global Offshore Services Pte. Ltd. (GGOS), a Singapore incorporated subsidiary of Greatship (India) Limited (GIL), which is a wholly owned subsidiary of The Great Eastern Shipping Company Limited has taken delivery of a Platform/ROV Support Vessel, GREATSHIP ROOPA, from Colombo Dockyard Pl

about 14 years ago
Greatship Accepts Delivery of New Platform/ROV Support Vessel (India)
Business & Finance

Greatship Accepts Delivery of New Platform/ROV Support Vessel (India)

Greatship Global Offshore Services Pte. Ltd. (GGOS), a Singapore-based arm of Greatship (India) Limited (GIL), has taken delivery of a Platform/ROV Support Vessel, GREATSHIP ROOPA, from Colombo Dockyard Plc, Sri Lanka. Greatship Roopa is a DP2 vessel, capable of supporting offshore exploration and p

about 14 years ago
USA: Emerald Networks Names New Board Member
Business & Finance

USA: Emerald Networks Names New Board Member

Emerald Networks, a new-build network submarine cable system that will connect North America to Europe and Iceland with extraordinary new capacity, announced and welcomed Dr. Gisli Hjalmtysson, CEO of Thule Investments, as the newest member of its Board of Directors. Dr. Hjalmtysson brings with him

about 14 years ago
YOUMARES Conference Takes Place in Germany
Business & Finance

YOUMARES Conference Takes Place in Germany

YOUMARES is the name for the international conference of young marine researchers and engineers organized by the study group of the German Society for Marine Research (DGM). This event addresses all young marine scientists and engineers from all disciplines of fundamental and applied research, indus

about 14 years ago
Premier to Become Operator of Sea Lion Development (Falkland Islands)
Business & Finance

Premier to Become Operator of Sea Lion Development (Falkland Islands)

Rockhopper, the North Falkland Basin oil and gas company, has entered into a conditional farm-out agreement with Premier Oil plc (“Premier”), regarding the Company’s interests in its petroleum licences in the North Falkland Basin The agreement provides Premier with a 60 per cent interest in all of R

about 14 years ago
Positioneering Appoints New General Manager (UK)
Business & Finance

Positioneering Appoints New General Manager (UK)

Positioneering, the first dedicated provider of global GNSS-based precise-positioning services to enter the offshore market in over a decade, has announced the appointment of David Stephen to the position of General Manager of its Europe-Africa business. David joins from Specialist Subsea Services w

about 14 years ago
Estonia: Nordecon AS Signs Construction Contract for Kärdla Town Guest Harbour
Business & Finance

Estonia: Nordecon AS Signs Construction Contract for Kärdla Town Guest Harbour

Nordecon AS and Kärdla Sadam Foundation signed a contract for the construction of Kärdla town (center of Estonia’s second biggest island Hiiumaa) guest harbour. The works consist of dredging 35,000 cubic meters, construction of seawalls in length of 500 meters and development of harbour’s operating

about 14 years ago
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