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Lankhorst Factory in Brazil Begins Production
Business & Finance

Lankhorst Factory in Brazil Begins Production

In 2011 the Royal Lankhorst Euronete Group signed a contract to supply Petroleo Brasileiro SA (Petrobras) with approximately 11,000 tons of deepwater mooring ropes with a value of around US$ 75 million. The largest contract ever awarded to produce deepwater mooring ropes for oil and gas platforms in

about 14 years ago
U.S. Macondo Incident Investigators Learn from UK
Business & Finance

U.S. Macondo Incident Investigators Learn from UK

A key US investigation into the Macondo disaster in the Gulf of Mexico in 2010 could take into account learning and lessons from the UK. Investigators from the US Chemical Safety and Hazard Investigation Board (CSB) visited the UK on a fact-finding mission to gain further understanding of the UK oil

about 14 years ago
3rd Serial Tanker of Project 2734 for BFC Launched (Russia)
Business & Finance

3rd Serial Tanker of Project 2734 for BFC Launched (Russia)

St. Petersburg-based shipyard Baltiysky Zavod yesterday, April 26, held a launching and christening ceremony for the third vessel of a series of four non-self propelled oil tankers of Project 2734, ordered by Baltic Fuel Company (BFC). The vessel was named “Mira.” The RUB 400 million turn-key contra

about 14 years ago
USA: Cable Systems Specialist Prysmian Exhibits OTC 2012
Business & Finance

USA: Cable Systems Specialist Prysmian Exhibits OTC 2012

Prysmian Group, a provider of energy and telecom cable systems, will showcase at OTC 2012 in Houston, TX (USA) from April 30th to May 3rd, booth # 4753. The participation in the event represents the first official presence of the Prysmian Group, after the recent merger between Prysmian and Draka. Th

about 14 years ago
Russia: Pella Shipyard Conducts Mooring Trials for Navy Tugs
Business & Finance

Russia: Pella Shipyard Conducts Mooring Trials for Navy Tugs

Pella Shipyard, the leading company in Russian tug building market, is conducting the mooring trials for tug No 621 of project 16609 and tug No 502 of project PE-65. Both tugs are being built for the Russian Navy. The first tug of project 16609 is an Azimuth tug intended for harbor, coastal and offs

about 14 years ago
ASEAN Explorer Starts Subsea Cable Repair Work Off Sri Lanka
Business & Finance

ASEAN Explorer Starts Subsea Cable Repair Work Off Sri Lanka

Yesterday Dhiraagu announced that the submarine cable repair ship ASEAN Explorer reached the cable damage point approximately 26km off Sri Lanka and that the engineers have started the repair work. Engineers from SLT and Dhiraagu are also on board the repair ship. The ship has located the damaged pa

about 14 years ago
The Netherlands: Samskip Acquires Two Container Vessels
Business & Finance

The Netherlands: Samskip Acquires Two Container Vessels

Samskip has acquired the container vessels Arnarfell and Helgafell, both of which have been employed by the company on the route between Iceland and Europe since early 2005. Samskip has been chartering the vessels since they were delivered, as new builds, seven years ago. From the beginning they hav

about 14 years ago
BGP to Conduct Seismic Survey Offshore Madagascar
Business & Finance

BGP to Conduct Seismic Survey Offshore Madagascar

China’s geophysical service company BGP recently signed a contract for a Multi Client 2D & 3D offshore seismic survey with the Office of National Mines and Strategic Industries of Madagascar (“OMNIS”). Under the agreement, BGP will acquire, process, market and license the seismic as well as gravity

about 14 years ago
Norstec to Help Realise North Sea Potential
Business & Finance

Norstec to Help Realise North Sea Potential

Modus Seabed Intervention, one of the North East’s leading subsea specialist companies, believes membership of a new industry partnership will bring even greater success in the North Sea renewable energy market. Provisionally known as Norstec, the partnership is a global network of businesses aimed

about 14 years ago
Rickmers-Linie Appoints New Representatives in France, Bangladesh and Sri Lanka
Business & Finance

Rickmers-Linie Appoints New Representatives in France, Bangladesh and Sri Lanka

Rickmers-Linie, the Hamburg based operator of heavy lift and project liner services, is now actively serving Bangladesh and Sri Lanka with direct calls in Chittagong and Colombo respectively. It has therefore appointed new agents in these two countries. In addition, a new agency has been selected in

about 14 years ago
BGP Conducts Seismic Survey Offshore Madagascar
Business & Finance

BGP Conducts Seismic Survey Offshore Madagascar

Recently BGP signed a contract for a Multi Client 2D & 3D offshore seismic survey with the Office of National Mines and Strategic Industries of Madagascar (“OMNIS”). With this Contract, BGP will acquire, process, market and license the seismic as well as gravity & magnetic data in Morondava basin of

about 14 years ago
USA: ABS Strengthens Executive Management Team
Business & Finance

USA: ABS Strengthens Executive Management Team

In response to its continued global expansion, leading international classification society ABS has strengthened its executive leadership team with the election of Tony Nassif as Executive Vice President and Chief Operating Officer of the society. The election was made by the ABS Board of Directors

about 14 years ago
Norway: Age Landro Returns to AGR as EVP of Strategy & Integration
Business & Finance

Norway: Age Landro Returns to AGR as EVP of Strategy & Integration

Former EVP of AGR Field Operations Åge Landro returns to AGR as EVP of Strategy & Integration. Landro moved to Oceaneering in December 2011 when AGR Field Operations was sold from AGR to Oceaneering. Landro will rejoin AGR’s Leadership to help grow the firm across all key markets. He said: “After le

about 14 years ago
Germany Could Increase EUR 5 Billion Offshore Wind Program
Business & Finance

Germany Could Increase EUR 5 Billion Offshore Wind Program

The German government is negotiating increase of financial support for the grid operators that are working on connections, reported Bloomberg. The negotiations are a part of an effort to fight delays in connecting turbines to the power grid. As a result, the state may increase a program worth EUR 5

about 14 years ago
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