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Business & Finance

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UK: EMEC Lands Flagship Project of the Year
Business & Finance

UK: EMEC Lands Flagship Project of the Year

The European Marine Energy Centre (EMEC) has been named the flagship project of the year for the renewable industry at the 7th British Renewable Energy Awards ceremony, held on Thursday, 21 June in London. EMEC scooped the accolade at the Renewable Energy Association event for its achievement in est

about 14 years ago
China: POLSTEAM’s New Bulk Carrier SAN Named at Sanfu Shipyard
Business & Finance

China: POLSTEAM’s New Bulk Carrier SAN Named at Sanfu Shipyard

Recently, in an atmosphere full of happiness, No. 6 16.900 DWT Bulk Carrier built for POLSTEAM by the yard was named “SAN”. On the naming ceremony, Godmother expressed his sincere blessings to “SAN”. General Manager Luo Zhong , representative of the yard and owner representative Mr. Leszek Trachimow

about 14 years ago
USA: ANDRITZ HYDRO Hammerfest Receives International Pioneer Award
Business & Finance

USA: ANDRITZ HYDRO Hammerfest Receives International Pioneer Award

ANDRITZ HYDRO Hammerfest, leading tidal energy company, receives the “International Pioneer Award“ during the 9th Energy Ocean International Conference & Exhibition held in Boston, USA for their contribution and efforts in exploring marine energy. Stein Andersen, Managing Director in ANDRITZ HYDRO H

about 14 years ago
UK: EMEC Lands Flagship Project of the Year
Business & Finance

UK: EMEC Lands Flagship Project of the Year

The European Marine Energy Centre (EMEC) has been named the flagship project of the year for the renewable industry at the 7th British Renewable Energy Awards ceremony, held on Thursday, 21 June in London. EMEC scooped the accolade at the Renewable Energy Association event for its achievement in est

about 14 years ago
UK: P&O Eyes New Offshore Wind Opportunities
Business & Finance

UK: P&O Eyes New Offshore Wind Opportunities

The Dover-based ferry operator P&O says that the Round 3 offshore wind farms in the North Sea could bring an opportunity for the company to expand its fleet, as it now has one vessel offering technical support for the Lynn and Inner Dowsing wind farms. The current vessel, which operates out of Immin

about 14 years ago
Aquaterra Energy to Build WSS for Malaysian Waters
Business & Finance

Aquaterra Energy to Build WSS for Malaysian Waters

Aquaterra Energy has been contracted to design and build a freestanding Wellhead Support Structure (WSS) for Oil Production operations offshore Peninsular Malaysia in the South China Sea. The WSS will be the first of its kind to be installed in water depths of 65 metres in Asia and will be bridge li

about 14 years ago
Aquaterra to Build Wellhead Support Structure for Operations Offshore Malaysia
Business & Finance

Aquaterra to Build Wellhead Support Structure for Operations Offshore Malaysia

Aquaterra Energy has been contracted to design and build a freestanding Wellhead Support Structure (WSS) for Oil Production operations offshore Peninsular Malaysia in the South China Sea. The WSS will be the first of its kind to be installed in water depths of 65 metres in Asia and will be bridge li

about 14 years ago
Volvo Penta’s Propulsion System Reduces Fuel Consumption by 30 Pct (Sweden)
Business & Finance

Volvo Penta’s Propulsion System Reduces Fuel Consumption by 30 Pct (Sweden)

The first in a series of five very advanced Coast Guard vessels has reached its final port destination in Falkenberg at the West coast of Sweden. With the help of Volvo Penta’s innovative propulsion system the ships are to reduce fuel consumption by approximately 30% compared to traditional installa

about 14 years ago
Pacific Drilling Secures USD 3.2 Billion Contract from Chevron USA
Business & Finance

Pacific Drilling Secures USD 3.2 Billion Contract from Chevron USA

Pacific Drilling S.A. announced today that its ultra-deepwater drillship the Pacific Sharav has been awarded a five-year contract by Chevron U.S.A. Inc. for operations in the United States Gulf of Mexico. Estimated maximum contract revenue, including mobilization and client requested modifications,

about 14 years ago
TROPOS Holds Second Ordinary Meeting in UK
Business & Finance

TROPOS Holds Second Ordinary Meeting in UK

TROPOS Second Ordinary Meeting took place in Edinburgh (Scotland) at the school of engineering at the King’s Building campus. More than thirty scientists and engineers from eight European countries and Taiwan met from June 11th – 13th for the second time no more than 4 months after TROPOS started. T

about 14 years ago
USA: Pacific Drilling Bags Five-Year Contract for Pacific Sharav in GoM
Business & Finance

USA: Pacific Drilling Bags Five-Year Contract for Pacific Sharav in GoM

Pacific Drilling S.A. announced that its ultra-deepwater drillship the Pacific Sharav has been awarded a five-year contract by Chevron U.S.A. Inc. for operations in the United States Gulf of Mexico. Estimated maximum contract revenue, including mobilization and client requested modifications, is exp

about 14 years ago
Chevron Spends USD 1 Billion on Pacific Sharav Drillship Contract (USA)
Business & Finance

Chevron Spends USD 1 Billion on Pacific Sharav Drillship Contract (USA)

Pacific Drilling S.A. announced today that its ultra-deepwater drillship the Pacific Sharav has been awarded a five-year contract by Chevron U.S.A. Inc. for operations in the United States Gulf of Mexico. Estimated maximum contract revenue, including mobilization and client requested modifications,

about 14 years ago
Japan Announces Feed-in-Tariff for Wind Power
Business & Finance

Japan Announces Feed-in-Tariff for Wind Power

Japan, the world’s third largest economy, has firmly shifted its future energy profile towards renewable energy technologies with a decision on Monday to implement a feed-in-tariff for wind power and other renewables. Reuters reported that the new incentives for renewable energies could unleash bill

about 14 years ago
UK: CMAL Inks Shipbuilding Contract for New Stornoway-Ullapool Ferry
Business & Finance

UK: CMAL Inks Shipbuilding Contract for New Stornoway-Ullapool Ferry

Caledonian Maritime Assets Limited (CMAL) has today announced that the contracts have been formally signed to build the new Stornoway-Ullapool ferry, announced earlier this month. The various documents including the shipbuilding contract and lease were signed for the replacement vessel, which is to

about 14 years ago
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