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Norway: Skarv Production Put Off for Q4 2012
Business & Finance

Norway: Skarv Production Put Off for Q4 2012

PGNiG Norway, a subsidiary of Polskie Górnictwo Naftowe i Gazownictwo SA, was notified by BP, the operator of the Skarv project, of postponement of oil and gas production on the Norwegian Continental Shelf from Q2 2012 to Q4 2012. The postponement is caused by a delay in installation of risers due t

about 14 years ago
UK: BMT Defence Services Participates in Royal Navy’s MARS Tanker Project
Business & Finance

UK: BMT Defence Services Participates in Royal Navy’s MARS Tanker Project

BMT Defence Services Ltd, a subsidiary of BMT Group Ltd, has announced that it has been confirmed as a sub-contractor for the Royal Navy’s MARS (Military Afloat Reach and Sustainability) Tanker project, supported by sister companies, BMT Reliability Consultants Ltd and BMT Isis Ltd. The four new log

about 14 years ago
Inocean Unveils Mini Version of BW Athena FPSO (Norway)
Business & Finance

Inocean Unveils Mini Version of BW Athena FPSO (Norway)

A short while ago BW Athena arrived the UK North Sea field location – another step towards first oil. Yesterday a ceremony took place at Inocean when a mini version of the vessel was unveiled. In March 2010, BW Offshore signed a letter of intent for the FPSO BW Carmen with Ithaca Energy for work [&h

about 14 years ago
UK Department for Business Innovation and Skills Showcases SeaGen
Business & Finance

UK Department for Business Innovation and Skills Showcases SeaGen

A model of MCT’s SeaGen tidal technology is one of a number of exhibits on display at the BIS Marine Industry showcase, which is taking place in London between 16th – 27th April. The Marine Industry Showcase is opportunity to highlight the industry sector’s contribution to the UK economy and the Gov

about 14 years ago
COSL Takes Delivery of COSLPromoter Rig (China)
Business & Finance

COSL Takes Delivery of COSLPromoter Rig (China)

China Oilfield Services Limited hosted a ceremony in the deep-water wharf at Yantai CIMC Raffles Shipyard Co. Ltd. for delivery of the deepwater semi-submersible rig COSLPromoter. COSLPromoter, the third semi-submersible drilling rig CIMC Raffles constructed for COSL, shares the same design as rigs

about 14 years ago
U.S. Navy Takes Delivery of USNS Medgar Evers
Business & Finance

U.S. Navy Takes Delivery of USNS Medgar Evers

General Dynamics NASSCO shipyard yesterday delivered USNS Medgar Evers (T-AKE 13) to the U.S. Navy. The ship is named in honor of the slain African-American civil rights leader from Mississippi who served as the state’s first-ever field secretary for the National Association for the Advancement of C

about 14 years ago
Statoil Farms Into Deepwater Licence in Ghana
Business & Finance

Statoil Farms Into Deepwater Licence in Ghana

Statoil has entered its first acreage in Ghana, farming into a deepwater licence operated by Hess. The Deepwater Tano/Cape Three Points (DWT/CTP) licence was awarded to Hess Corporation (Hess) in 2006 and lies just south of the licence containing the Jubilee field offshore Ghana. Two wells have alre

about 14 years ago
Japan: Wing Maritime Service, Keihin Dock to Construct Environment-Friendly Tugboat
Business & Finance

Japan: Wing Maritime Service, Keihin Dock to Construct Environment-Friendly Tugboat

Two NYK Group companies — tugboat operator Wing Maritime Service Corporation (WMS) and tugboat builder Keihin Dock Co. Ltd. — have teamed with Niigata Power Systems to construct an environment-friendly tugboat. The new tugboat will feature the hybrid propulsion system that Niigata Power Systems has

about 14 years ago
Australia: Woodside Orders Umbilicals for GWF Phase 1 from Aker Solutions
Business & Finance

Australia: Woodside Orders Umbilicals for GWF Phase 1 from Aker Solutions

Aker Solutions has signed a contract with Woodside Energy Limited for the manufacture and supply of electro-hydraulic steel tube umbilicals (EHU) for the Greater Western Flank (GWF) Phase 1 project on the north-west coast of Australia. Contract value is undisclosed. The scope of work includes projec

about 14 years ago
Germany: Nexans Reports Q1 Sales of EUR 1,752 Million
Business & Finance

Germany: Nexans Reports Q1 Sales of EUR 1,752 Million

Nexans today announced 2012 first-quarter sales of 1,752 million euros, that is, 1,169 million euros at constant non-ferrous metal prices, reflecting an annual growth of +0.6% at constant exchange rates and comparable scope. As a reminder, the organic growth rate for the first quarter of 2011 was 13

about 14 years ago
Canada: InterMoor Wins Mooring Contract for Columbia Power’s StingRay WEC
Business & Finance

Canada: InterMoor Wins Mooring Contract for Columbia Power’s StingRay WEC

Columbia Power has awarded InterMoor, an Acteon company, the contract to design a cost-effective and survivable mooring system for its StingRay offshore wave energy converter (WEC) prototype. The project, which has already started with some advanced modelling and design work, will last for two years

about 14 years ago
Mitsui O.S.K. Lines Establishes Subsidiary in Peru
Business & Finance

Mitsui O.S.K. Lines Establishes Subsidiary in Peru

Mitsui O.S.K. Lines, Ltd. today announced that the company established a subsidiary, MOL (Peru) S.A.C., in Peru. The country was chosen because it shows more stable growth than other South American nations. With the new subsidiary, MOL will consolidate its business structure and further expand north

about 14 years ago
Statoil Farms Into Deepwater Licence in Ghana
Business & Finance

Statoil Farms Into Deepwater Licence in Ghana

Statoil has entered its first acreage in Ghana, farming into a deepwater licence operated by Hess. The Deepwater Tano/Cape Three Points (DWT/CTP) licence was awarded to Hess Corporation (Hess) in 2006 and lies just south of the licence containing the Jubilee field offshore Ghana. Two wells have alre

about 14 years ago
Fairmount Glacier Assists in Refloating of Bulk Carrier in Mozambique
Business & Finance

Fairmount Glacier Assists in Refloating of Bulk Carrier in Mozambique

Fairmount Marine’s tug Fairmount Glacier has successfully assisted in the refloating of Greek owned bulk carrier Akiba which was grounded offshore Maputo, Mozambique. The salvage operation was conducted by Greek salvage company Five Oceans Salvage under a Lloyd’s Open Form. When contracted the Fairm

about 14 years ago
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