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Business & Finance

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Arklow Marine Launches 20m WFSV Ahead of Schedule (Ireland)
Business & Finance

Arklow Marine Launches 20m WFSV Ahead of Schedule (Ireland)

On the longest day of the year Arklow Marine Services successfully launched their second 20 metre wind farm service vessel into the River Avoca at Arklow. The vessel looking splendid in her Alicat colours has again been delivered ahead of her scheduled delivery date. Local people crammed the quaysid

about 14 years ago
USA: Navy’s Floating Research Platform R/P Flip Celebrates 50th Year of Service
Business & Finance

USA: Navy’s Floating Research Platform R/P Flip Celebrates 50th Year of Service

With an ability to drift over the ocean like a ship–yet transform into a vertical buoy in pursuit of scientific research–the Department of the Navy’s Floating Instrument Platform (R/P FLIP) is celebrating its 50th year of service June 29. Scores of scientists have deployed aboard the 355-foot resear

about 14 years ago
UK: GIB Excludes Wave and Tidal Energy from Its Plans
Business & Finance

UK: GIB Excludes Wave and Tidal Energy from Its Plans

Green Investment Bank has excluded wave and tidal energy from their plans and said it will focus on other projects reports BBC. Lord Smith of Kelvin, new chairman of GIB, said they will invest a GBP 3 billion budget in projects that will make a commercial return. He outlined “five priority areas. Of

about 14 years ago
Imtech to Power Three Turkish Navy Auxiliary Vessels (The Netherlands)
Business & Finance

Imtech to Power Three Turkish Navy Auxiliary Vessels (The Netherlands)

Royal Imtech N.V. announces that it has signed a contract for the design and supply of all electric systems to power three Turkish Navy Auxiliary vessels, consisting of one Submarine Rescue Mother Ship (MoShip) and two Rescue and Towing Ships (RATships). All ships will be built by Istanbul Shipyard

about 14 years ago
USA: Deepwater Wind to Add Fiber Optic Cables to Submarine Cables
Business & Finance

USA: Deepwater Wind to Add Fiber Optic Cables to Submarine Cables

Deepwater Wind has agreed to add fiber optic cables to their submarine power cable between Block Island and Narragansett, the Block Island Times writes. Providence based wind energy company is planning to install 5 turbines southeast of Block Island. The wind farm will generate over 100,000 megawatt

about 14 years ago
Maersk Oil: There Is More Oil and Gas to Be Found in Danish North Sea
Business & Finance

Maersk Oil: There Is More Oil and Gas to Be Found in Danish North Sea

Maersk Oil will drill an exploration well on the Maja licence in the Danish North Sea after the Danish Energy Agency (DEA) granted it a two-year extension to two licences in the region. The well will target a High Pressure High Temperature (HPHT) prospect in the licence and will be drilled within th

about 14 years ago
UK: GIB Deals Blow to Wave and Tidal Energy
Business & Finance

UK: GIB Deals Blow to Wave and Tidal Energy

Green Investment Bank (GIB) has excluded wave and tidal energy from its plans and said it will focus on other projects, reports the BBC. Lord Smith of Kelvin, the new chairman of GIB, said the bank will invest GBP 3 billion budget in projects that will make a commercial return. He outlined five prio

about 14 years ago
Djiboutian President Attends Opening of Djiboutian Naval Operations Centre
Business & Finance

Djiboutian President Attends Opening of Djiboutian Naval Operations Centre

On Wednesday, June 23 His Excellency Ismail Omar Guelleh, President of the Republic of Djibouti, attended the opening of the new Djiboutian Naval Operations Centre. Djiboutian military and civilian authorities were present, along with representatives from the USA and France, who provided support to

about 14 years ago
Royal Navy’s HMS Protector Surveys Antarctic Peninsula
Business & Finance

Royal Navy’s HMS Protector Surveys Antarctic Peninsula

Royal Navy ice patrol ship HMS Protector returns home to Portsmouth on Wednesday (June 27) from her maiden deployment to the frozen continent of Antarctica. The 5,000-tonne ice-breaker spent most of her seven months away surveying and patrolling the Antarctic Peninsula. In her first deployment since

about 14 years ago
Brazil: InterMoor Completes Installation of Conductors for Shell BC 10 Phase 2
Business & Finance

Brazil: InterMoor Completes Installation of Conductors for Shell BC 10 Phase 2

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, announced InterMoor Global President Tom Fulton. InterMoor was responsible for the fabrication and installatio

about 14 years ago
Aker Solutions to Provide EPCI Services for ExxonMobil NCS Assets
Business & Finance

Aker Solutions to Provide EPCI Services for ExxonMobil NCS Assets

Aker Solutions has been awarded a frame agreement by ExxonMobil Exploration and Production Norway AS. Contract value is undisclosed. The frame agreement covers engineering, procurement, construction and installation for ExxonMobil’s operated assets on the Norwegian continental shelf (NCS). The fixed

about 14 years ago
Seaboard Marine Orders Four Bulk Carriers from Guangzhou Wenchong Shipyard, China
Business & Finance

Seaboard Marine Orders Four Bulk Carriers from Guangzhou Wenchong Shipyard, China

Seaboard Marine, an ocean transportation company seated in the U.S., has placed an order for construction of four new dry bulk carriers, which are to be built in Guangzhou Wenchong Shipyard in China, Sea Trade Asia writes. The 28,000 dwt bulk carriers will be designed in such a way that they meet th

about 14 years ago
QGOG Holds Naming Ceremony for Two Ultra-Deepwater Drillships in South Korea
Business & Finance

QGOG Holds Naming Ceremony for Two Ultra-Deepwater Drillships in South Korea

Queiroz Galvão Óleo e Gás S.A. (QGOG) announces that it held the naming ceremony of the Amaralina Star and the Laguna Star, the newest dynamically positioned ultra-deepwater drillships to be operated by the company, in South Korea. The two new drillships will be delivered by Samsung Heavy Industries

about 14 years ago
Greece: Box Ships Takes Delivery of Its Eighth Vessel
Business & Finance

Greece: Box Ships Takes Delivery of Its Eighth Vessel

Box Ships Inc., a global shipping company specializing in the transportation of containers, announced that on June 25, 2012 it took delivery of its eighth vessel, the OOCL Hong Kong, a 5,344 TEU Post-Panamax containership built in 1995 at the Samsung shipyard in Korea. The vessel is chartered to Ori

about 14 years ago
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