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Business & Finance

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MODEC FPSO Orders Riser Pull-in Package from IHC Winches (The Netherlands)
Business & Finance

MODEC FPSO Orders Riser Pull-in Package from IHC Winches (The Netherlands)

IHC Winches, part of IHC Merwede, has signed a contract for the design and manufacture of a riser pull-in spread to be placed on a MODEC Floating Production Storage & Offloading vessel (FPSO). The delivery of the riser pull-in spread is scheduled for Q1 2013. Part of this system will be built in Bra

about 14 years ago
Maersk Line’s Triple-E Class Joins the World’s Top 100 Sustainable Solutions (Brazil)
Business & Finance

Maersk Line’s Triple-E Class Joins the World’s Top 100 Sustainable Solutions (Brazil)

Maersk Line’s Triple-E class joins the ranks of the world’s top 100 sustainable solutions. The Sustainia100 award was announced at Rio+20. At the United Nations Conference on Sustainable Development (UNCSD), Maersk Line’s Triple-E class was chosen for a prestigious list of innovative solutions that

about 14 years ago
Concordia Maritime Orders Two Tankers from GSI (China)
Business & Finance

Concordia Maritime Orders Two Tankers from GSI (China)

Concordia Maritime has signed a contract with Guangzhou Shipbuilding International (GSI), China for the delivery of two chemical parcel tankers of approx. 50,000 dwt at the end of 2014/beginning of 2015. The investment amounts to around SEK 550 million and the intention is to employ the vessels in t

about 14 years ago
Sweden: Vattenfall to Invest EUR 4.2 Billion in Offshore Wind Projects
Business & Finance

Sweden: Vattenfall to Invest EUR 4.2 Billion in Offshore Wind Projects

Vattenfall will invest a quarter of its planned EUR 16.6 billion into European offshore wind projects through the 2012-2016 period. Probably, the most of the EUR 4.2 billion amount will be invested in offshore wind sector in Germany and the UK, the Windpower Monthly news site informs. While waiting

about 14 years ago
Australian O&G Experts Tackle Deep Water Challenges at ITF Regional Technology Conference
Business & Finance

Australian O&G Experts Tackle Deep Water Challenges at ITF Regional Technology Conference

ITF, the technology facilitator for the global oil and gas industry, will host a Regional Technology Conference in Perth, Australia on 25 June, where key industry players will take the next steps to unlock solutions for remote deepwater oil and gas assets. More than 60 senior figures from specialist

about 14 years ago
Denmark Simplifies Registration Process
Business & Finance

Denmark Simplifies Registration Process

Merchant ships can now register preliminarily in the Danish DAS and DIS shipping registers on the basis of a copy of the deletion certificate from the ship’s previous register. This meets a request from the business for quicker registration of loans. From June 20 2012, a preliminary registration wit

about 14 years ago
WPA, ST Marine Join Forces on e-SEAMatic Development (Singapore)
Business & Finance

WPA, ST Marine Join Forces on e-SEAMatic Development (Singapore)

The Karmøy division of Westcon Power & Automation AS (WPA) has found new ways to build the best automation system in the shipping industry. It has now signed an agreement with the shipbuilding giant ST Marine in Singapore, which will be involved in the development of the e-SEAMatic automation system

about 14 years ago
Australia: Offshore Industry Experts to Discuss Technology Challenges at ITF Conference
Business & Finance

Australia: Offshore Industry Experts to Discuss Technology Challenges at ITF Conference

ITF, the technology facilitator for the global oil and gas industry, will host a Regional Technology Conference in Perth, Australia on 25 June, where key industry players will take the next steps to unlock solutions for remote deepwater oil and gas assets. More than 60 senior figures from specialist

about 14 years ago
Statnett, National Grid Develop Interconnector Between Norway and UK
Business & Finance

Statnett, National Grid Develop Interconnector Between Norway and UK

Statnett and National Grid have signed an agreement to confirm their plans to develop an electricity interconnector between Norway and the UK with a goal to have it operational by 2020. The North Sea Network (NSN) project is a key to further development of the North-European power grid, and of high

about 14 years ago
France: IHO Celebrates World Hydrography Day
Business & Finance

France: IHO Celebrates World Hydrography Day

The International Hydrographic Organization (IHO) celebrates this year’s World Hydrography Day on 21st June 2012. The theme for 2012 is “International Hydrographic Cooperation – supporting safe navigation”. International cooperation lies at the heart of the IHO. The Organization draws its expertise

about 14 years ago
U.A.E: Polarcus Takes Delivery of 3D Seismic Vessel Polarcus Adira
Business & Finance

U.A.E: Polarcus Takes Delivery of 3D Seismic Vessel Polarcus Adira

ULSTEIN® delivered the high-tech seismic research vessel Polarcus Adira to marine geophysical company Polarcus. The vessel of the SX134 design is vessel number eight in Polarcus’ fleet of modern and advanced seismic vessels, all designed by ULSTEIN. “ULSTEIN set the standard with the punctual delive

about 14 years ago
UAE: Polarcus Adira Joins the Polarcus Fleet
Business & Finance

UAE: Polarcus Adira Joins the Polarcus Fleet

Polarcus Limited ( PLCS) announced that Polarcus Adira AS, a member of the Polarcus Group, took delivery today, 21 June 2012, of POLARCUS ADIRA, the eighth 3D seismic vessel to date to join the Polarcus fleet. The vessel was built at Ulstein Verft in Norway and following a short shakedown will comme

about 14 years ago
Polarcus Adira: The Eighth 3D Seismic Vessel in Polarcus’ Fleet (UAE)
Business & Finance

Polarcus Adira: The Eighth 3D Seismic Vessel in Polarcus’ Fleet (UAE)

Polarcus Limited took delivery today, 21 June 2012, of POLARCUS ADIRA, the eighth 3D seismic vessel to date to join the Polarcus fleet. The vessel was built at Ulstein Verft in Norway and following a short shakedown will commence operations on the previously announced charter for TGS-NOPEC Geophysic

about 14 years ago
Six New Leases for EPL in Central GoM Lease Sale (USA)
Business & Finance

Six New Leases for EPL in Central GoM Lease Sale (USA)

Energy Partners, Ltd., a U.S. based oil and gas exploration and production company announced was the high bidder on six leases at the Central Gulf of Mexico Lease Sale 216/222 held yesterday in New Orleans, Louisiana. The six high bid lease blocks cover a total of 27,148 acres on a net and gross bas

about 14 years ago
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