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Business & Finance

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UK: SSE’s Commissioned Offshore Wind Farm Capacity Increases to 256MW
Business & Finance

UK: SSE’s Commissioned Offshore Wind Farm Capacity Increases to 256MW

SSE is hosting an event for analysts and investors today (Wednesday 27 June) and tomorrow in Glasgow and at Clyde wind farm to present its approach to managing its large capital projects. SSE will set out the way it works to ensure that such projects are governed, developed, approved and executed in

about 14 years ago
UK: SSE’s Commissioned Offshore Wind Farm Capacity Increases to 256MW
Business & Finance

UK: SSE’s Commissioned Offshore Wind Farm Capacity Increases to 256MW

SSE is hosting an event for analysts and investors today (Wednesday 27 June) and tomorrow in Glasgow and at Clyde wind farm to present its approach to managing its large capital projects. SSE will set out the way it works to ensure that such projects are governed, developed, approved and executed in

about 14 years ago
UAE Hosts 2nd Counter-Piracy Summit
Business & Finance

UAE Hosts 2nd Counter-Piracy Summit

The human and economic cost of maritime piracy and exploring ways to enhance the effectiveness of a regional responses are the focus of the 2nd high-level, public-private UAE Counter-Piracy Conference, co-convened by the UAE Ministry of Foreign Affairs and global marine terminal operator DP World, t

about 14 years ago
Statoil to Remove Loading Buoy on Statfjord Field (Norway)
Business & Finance

Statoil to Remove Loading Buoy on Statfjord Field (Norway)

Statoil Petroleum AS has received consent to remove the SPM-C loading buoy on the Statfjord field. The loading buoy on Statfjord C is located in the North Sea in block 33/9. Water depth at the site is 145.7 metres. The activity is scheduled to start in July 2012. Statfjord is an oil field located on

about 14 years ago
Denmark: Total Lubmarine Expands Its Presence on Global Market
Business & Finance

Denmark: Total Lubmarine Expands Its Presence on Global Market

International marine lubricant supplier Total Lubmarine has extended its global network of service and supply centres with the opening of a dedicated commercial and supply hub in Copenhagen, Denmark. Already a significant player in the Nordic region, especially in Norway and Denmark, Lubmarine is no

about 14 years ago
Vietnam: PTSC Hosts Load-Out and Sail-Away Ceremony for Bien Dong 1 Jacket
Business & Finance

Vietnam: PTSC Hosts Load-Out and Sail-Away Ceremony for Bien Dong 1 Jacket

Today at PTSC fabrication yard in Vung Tau City, the Socialist Republic of Vietnam (S.R. Vietnam), PetroVietnam Technical Services Corporation (PTSC) hosted a load-out and sail-away ceremony for the PQP-HT Jacket, Bien Dong 1 (BD1) project, built for Bien Dong POC. The scope of work of the whole pro

about 14 years ago
Moore Stephens – Shipping Confidence Rises for Fourth Successive Quarter
Business & Finance

Moore Stephens – Shipping Confidence Rises for Fourth Successive Quarter

Overall confidence levels in the shipping industry increased in the three months ended May 2012, to reach their highest level since February 2011, according to the latest Shipping Confidence Survey from leading accountant and shipping consultant Moore Stephens. This is the fourth successive quarter

11 minutes read
InterMoor Installs ESP Conductors for Shell BC-10 Phase 2 Project in Brazil
Business & Finance

InterMoor Installs ESP Conductors for Shell BC-10 Phase 2 Project in Brazil

InterMoor, an Acteon company, has completed the installation of the Electrical Submersible Pump (ESP) Conductors for the artificial lift manifold as part of the Shell BC-10 Phase 2 project, offshore Brazil in the Campos Basin. InterMoor was responsible for the fabrication and installation of four co

about 14 years ago
Global Cruise Industry Announces Two New Safety Policies
Business & Finance

Global Cruise Industry Announces Two New Safety Policies

On behalf of the global cruise industry, Cruise Lines International Association (CLIA) and the European Cruise Council (ECC) yesterday announced that the cruise industry has adopted two new safety policies. These policies, which address issues related to the recording of passenger nationality and th

about 14 years ago
South Korea: Hamburg Sud Christens Container Ship “Santa Ines”
Business & Finance

South Korea: Hamburg Sud Christens Container Ship “Santa Ines”

On Wednesday, 27 June 2012, Hamburg Süd celebrated the christening of its container ship “Santa Ines” at Daewoo Shipbuilding & Marine Engineering Co. Ltd. (DSME) in Geoje-City in Korea. Sponsor of the “Santa Ines” was Dr Marie Schnell, a daughter of Dr Arend Oetker. The “Santa Ines” is the last newb

about 14 years ago
Germany: RWE Seeks Compensation for Grid Connection Delay
Business & Finance

Germany: RWE Seeks Compensation for Grid Connection Delay

Incoming Chief Executive of RWE, Peter Terium, said that substantial delays in Nordsee Ost offshore wind farm connection to the grid jeopardize the project’s profitability. Mr. Terium told the weekly magazine Der Spiegel that RWE is inviting the German Government to discuss possible compensation add

about 14 years ago
Solstad Expands Fleet with Two AHTS Vessels (Norway)
Business & Finance

Solstad Expands Fleet with Two AHTS Vessels (Norway)

Solstad Offshore has today taken over the ownership of the AHTS «Nor Spring» and «Nor Captain». The vessels have been on bareboat contract to SOFF from Java Marine Lines for nearly 5 years and SOFF has now used its options to purchase the vessels. The cost price is 100% financed by a loan of USD [&h

about 14 years ago
Kenya: Total Awarded Offshore L22 License in Lamu Basin
Business & Finance

Kenya: Total Awarded Offshore L22 License in Lamu Basin

Total announced the signature of a production sharing contract with the Kenyan government for Block L22, which it will operate with a 100% interest. Covering an area of more than 10,000 square kilometers, the exploration license is located offshore the Lamu Archipelago in water depths of between 2,0

about 14 years ago
Avance Gas Holding Expands VLGC Fleet (UK)
Business & Finance

Avance Gas Holding Expands VLGC Fleet (UK)

Stolt-Nielsen Limited announced today that Avance Gas Holding Ltd. (AGHL), a joint venture between Sungas Holdings Ltd. and Stolt-Nielsen Gas Ltd. has reached an agreement with Transpetrol Shipping Ltd. (Transpetrol) whereby Transpetrol will sell its two very large gas carriers (VLGC) to AGHL in ret

about 14 years ago
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