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Siemens Powers China Built Offshore Rigs
Business & Finance

Siemens Powers China Built Offshore Rigs

The shipyards Yantai CIMC Raffles Offshore Ltd., CMHI/Shenzhen as well as Shanghai Waigaoqiao Shipyard in China have awarded Germany-based Siemens Energy a total of three orders for electrical power supply packages for offshore drilling rigs. These packages, which include BlueDrive Drilling, are des

about 14 years ago
Seadrill Orders Semi-Sub Drilling Rig in South Korea
Business & Finance

Seadrill Orders Semi-Sub Drilling Rig in South Korea

To benefit from the current strong demand for high specification drilling units Seadrill announced that it has entered into a turnkey construction contract with Hyundai Samho Shipyard for the construction of a new harsh environment semi-submersible drilling rig. The new rig will be a sister rig of t

about 14 years ago
EFC Group Continues to Invest in US Business
Business & Finance

EFC Group Continues to Invest in US Business

EFC Group, a leading designer and manufacturer of controls, handling, instrumentation and monitoring systems for the global oil and gas industry, has announced the successful delivery of two major contracts as well as the regional appointment of a vice president for the Americas. This comes as part

about 14 years ago
Seadrill Orders Harsh Environment Rig in South Korea
Business & Finance

Seadrill Orders Harsh Environment Rig in South Korea

Seadrill, one of the world’s largest drilling contractors, has ordered a new harsh environment semi-submersible drilling rig from Hyundai Samho Shipyard in South Korea. The company explained the move by the current strong demand for high specification drilling units and Seadrill’s wish to benefit fr

about 14 years ago
USA: Princess Cruises Bases Ship in San Francisco Year Round
Business & Finance

USA: Princess Cruises Bases Ship in San Francisco Year Round

Princess Cruises announced today that for the first time it will base a ship in San Francisco year round, beginning in May 2013. The extensively renovated Grand Princess will first offer a series of Alaska cruises during the summer months from the “City by the Bay,” followed by a schedule of Hawaiia

about 14 years ago
UK Energy Minister Charles Hendry Visits ARE
Business & Finance

UK Energy Minister Charles Hendry Visits ARE

Charles Hendry, Minister of State at the Department of Energy and Climate Change (DECC) visited Alderney to meet members of the management team of Alderney Renewable Energy (ARE). ARE has ambitious plans for developing tidal power in the coastal waters around Alderney. In partnership with French ind

about 14 years ago
Germany: Meyer Werft Delivers AIDAmar
Business & Finance

Germany: Meyer Werft Delivers AIDAmar

On May 3, Meyer Werft delivered a new 71 300 GT cruise ship AIDAmar to the shipping company AIDA Cruises. The solemn delivery ceremony took place in the Port of Emden. AIDAmar is the sixth ship built for AIDA Cruises by Meyer Werft’s Papenburg shipyard and it is designed for the German market. This

about 14 years ago
Norway: STX OSV Acquires Stake in Castor Drilling
Business & Finance

Norway: STX OSV Acquires Stake in Castor Drilling

STX OSV Holdings Limited, one of the major global designers and shipbuilders of offshore and specialized vessels, announced that it is strengthening its technology and engineering competence through two separate transactions. Seaonics AS, a subsidiary of STX OSV, is in the process of acquiring a sha

about 14 years ago
Norway: Nautronix Provides Survey Services to Ocean Installer
Business & Finance

Norway: Nautronix Provides Survey Services to Ocean Installer

Nautronix have been awarded a three year contract by the Norwegian SURF contractor, Ocean Installer AS, for the supply of survey services to support their offshore construction activities. The contract includes the provision of onshore and offshore survey services in support of tendering and project

about 14 years ago
Product Tanker BW Rhine Released off Nigeria
Business & Finance

Product Tanker BW Rhine Released off Nigeria

Product tanker BW Rhine has been released off Nigeria by its captors. All 24 crew members are safe. At 0630 UTC today, communications were re-established with the vessel. The Master of BW Rhine Captain Dheeraj Sharma confirmed that the vessel has been held under duress while the cargo was being stol

about 14 years ago
Apache: Record Worldwide Production in 1Q (USA)
Business & Finance

Apache: Record Worldwide Production in 1Q (USA)

Apache Corporation reported record worldwide production in the first-quarter of 2012 as the company benefitted from higher prices for oil and natural gas liquids and its balanced approach helped it weather the continuing deterioration of North American natural gas prices. Daily production increased

about 14 years ago
Norway: STX OSV Strengthens Specialist Technology with New Acquisitions
Business & Finance

Norway: STX OSV Strengthens Specialist Technology with New Acquisitions

STX OSV Holdings Limited (“STX OSV”), one of the major global designers and shipbuilders of offshore and specialized vessels, announces that it is strengthening its technology and engineering competence through two separate transactions. Seaonics AS (“Seaonics”), a subsidiary of STX OSV, is in the p

about 14 years ago
UK: SeaEnergy Announces 2011 Results
Business & Finance

UK: SeaEnergy Announces 2011 Results

SeaEnergy PLC announces its audited results for the year ended 31 December 2011. Financial Summary The clear financial highlight of 2011 was the conclusion of the sale of SERL to Repsol Nuevas Energias UK Limited. This resulted in the Group recording a profit of £25.3 million for the financial year

about 14 years ago
Norway: T.D. Williamson Introduces Remote-Controlled Subsea Tapping Machine
Business & Finance

Norway: T.D. Williamson Introduces Remote-Controlled Subsea Tapping Machine

T.D. Williamso­­n (TDW) announced the successful development and field deployment of the Subsea 1200RC Tapping Machine, its new compact remote-controlled subsea hot tapping machine.The system, which is extremely lightweight, allows hot tapping to be carried out from the safety of a Diving Support Ve

about 14 years ago
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