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Business & Finance

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Subsea UK: Industry Growth Demands More Employees
Business & Finance

Subsea UK: Industry Growth Demands More Employees

The industry body which represents over 250 companies across the UK has revealed that 10,000 jobs could be created in the sector in the next 12 months. Following a survey, Subsea UK has found that almost one fifth of its membership will need over 2,000 people in the next 12 months to cope with the [

about 14 years ago
Gardline Vessel George D Starts Its Journey to Cameroon Onboard MV Pangini
Business & Finance

Gardline Vessel George D Starts Its Journey to Cameroon Onboard MV Pangini

Gardline’s coastal survey vessel the George D, named after the founder of the company, George Darling was lifted from the dock in Great Yarmouth early Tuesday morning and loaded onto the mighty 7002 tonne MV Pangini for its transportation to Douala, the largest port and city in Cameroon. The George

about 14 years ago
Gardline’s Survey Vessel George D Onboard MV Pangini on Route to Cameroon
Business & Finance

Gardline’s Survey Vessel George D Onboard MV Pangini on Route to Cameroon

Gardline’s coastal survey vessel the George D, named after the founder of the company, George Darling was lifted from the dock in Great Yarmouth early Tuesday morning and loaded onto the mighty 7002 tonne MV Pangini for its transportation to Douala, the largest port and city in Cameroon. The George

about 14 years ago
Total, Kenya Sign PSC for L22 Offshore Block
Business & Finance

Total, Kenya Sign PSC for L22 Offshore Block

French supermajor Total has signed a production sharing contract (PSC) with the Kenyan government for Block L22. Total, which has been present in exploration and production in Kenya since 2011, will operate the block with a 100% interest. Covering an area of more than 10,000 square kilometers, the e

about 14 years ago
Finland: Deltamarin to Design B.Delta37 Bulk Carriers
Business & Finance

Finland: Deltamarin to Design B.Delta37 Bulk Carriers

Deltamarin has entered into a new contract with Yangfan Group (China) for the design of B.Delta37 Bulk Carriers to be built for d’Amico Societa di Navigazione S.p.A. who placed with the Chinese builder a series of six fixed orders and six options. Deltamarin will procure the Basic Design, part of th

about 14 years ago
RWE Seeks German Government’s Compensation for Grid Connection Delays
Business & Finance

RWE Seeks German Government’s Compensation for Grid Connection Delays

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
UK: Rolls-Royce to Lead Unmanned Naval Vehicle Missions Project
Business & Finance

UK: Rolls-Royce to Lead Unmanned Naval Vehicle Missions Project

Rolls-Royce, the global power systems company, will lead a project to develop new technologies to support unmanned naval vehicle missions, following an award of $3 million from the Atlantic Canada Opportunities Agency (ACOA). The development of Unmanned Surface Vehicles (USVs) and Unmanned Underwate

about 14 years ago
Norway: Solstad Offshore Takes Over “Nor Spring” and “Nor Captain”
Business & Finance

Norway: Solstad Offshore Takes Over “Nor Spring” and “Nor Captain”

Solstad Offshore has today taken over the ownership over the Anchor Handling Tug Supply vessels (AHTS) “Nor Spring” and “Nor Captain”. The vessels have been on a 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 pr

about 14 years ago
Cyprus: Standard Drilling Sells Two Jack-Up Drilling Rigs
Business & Finance

Cyprus: Standard Drilling Sells Two Jack-Up Drilling Rigs

On June 26th, SD Standard Drilling Plc has entered into a final SPA for the sale of one rig (B324) under construction and further issued the buyer an option to purchase a second rig (B337) under construction. If the option is exercised the gross combined price will be USD 426m. The option to purchas

about 14 years ago
USA: NOAA Announces Walter B. Jones Excellence Awards
Business & Finance

USA: NOAA Announces Walter B. Jones Excellence Awards

The late Peter C. Douglas, longtime head of the California Coastal Commission, leads the list of the 2012 Walter B. Jones and NOAA… [mappress] Source: NOAA , June 27, 2012

about 14 years ago
Standard Drilling Selling Under Construction Rigs for USD 426 Mln (Cyprus)
Business & Finance

Standard Drilling Selling Under Construction Rigs for USD 426 Mln (Cyprus)

Cyprus-based SD Standard Drilling Plc (“Standard Drilling”) has today entered into a final SPA for the sale of one rig (B324) under construction and further issued the buyer an option to purchase a second rig (B337) under construction. If the option is exercised the gross combined price will be USD

about 14 years ago
France: Piriou Breaks Into Exploration Ships Market with New Order
Business & Finance

France: Piriou Breaks Into Exploration Ships Market with New Order

Piriou wins a historic order and breaks into a new market, that of exploration ships. PIRIOU has just signed a contract for the construction of an exploration ship 76 metres in length that it will deliver in 36 months to a European shipowner. The ship will be built in Concarneau (29) by CHANTIERS PI

about 14 years ago
Cairn’s Subsidiary Acquires Stake in PL497 (Norway)
Business & Finance

Cairn’s Subsidiary Acquires Stake in PL497 (Norway)

Bridge Energy ASA, the Oslo Axess-listed oil and gas exploration and production company, has executed an agreement with Agora Oil & Gas AS which is 100% owned by Cairn Energy PLC (“Cairn”), for the farm-down of a 15% working interest in production licences PL497 and PL497B on the Norwegian Continent

about 14 years ago
UANI Urges KRS to Stop Certifying Iranian Shipping Vessels
Business & Finance

UANI Urges KRS to Stop Certifying Iranian Shipping Vessels

On Tuesday, United Against Nuclear Iran (UANI) called on the Korean Register of Shipping (KRS) to stop certifying Iranian shipping vessels, specifically those of the Islamic Republic of Iran Shipping Lines (IRISL) and National Iranian Tanker Company (NITC). “the world must deny Iran’s access to inte

about 14 years ago
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