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UK: Total Shuts Production on Elgin Field Due to Gas Leak
Business & Finance

UK: Total Shuts Production on Elgin Field Due to Gas Leak

On 25 March, Total reported that a gas leak following a well operation occurred on the same day at the wellhead platform on the Elgin gas field which is located in the UK North Sea approximately 240 km east of Aberdeen. Total immediately launched internal emergency procedures and Crisis Management T

about 14 years ago
Norway: Sevan FPSO for Statoil’s Skrugard Development?
Business & Finance

Norway: Sevan FPSO for Statoil’s Skrugard Development?

Norway’s oil giant, Statoil has awarded Sevan Marine a study of the potential application of a Sevan FPSO for Statoil’s Skrugard/ Havis development in the Norwegian Barents Sea. The study will be performed in the period from April 2012 to May 2013 and will be focused on further development of the Se

about 14 years ago
UK: Pharos Offshore Group Names Scott Gartshore as New Chief Technical Officer
Business & Finance

UK: Pharos Offshore Group Names Scott Gartshore as New Chief Technical Officer

Pharos Offshore Group announces the addition of Scott Gartshore as Chief Technical Officer to the executive team. A marine industry veteran, Scott’s previous roles include Project Manager and Senior Engineer, as well as Trenching Systems Sales Manager at IHC Engineering Business Ltd. Pharos Offshore

about 14 years ago
Italy Based Gamma Yachts to Launch Its Latest Model at Hainan
Business & Finance

Italy Based Gamma Yachts to Launch Its Latest Model at Hainan

Italian based Gamma Yachts will launch it’s latest model at the Hainan Rendez Vous April 5th-8th. The Gamma 24 Mediterranean is the bigger sister of the trendsetting Gamma 20. All Gamma’s are designed and engineered by Dutch renowned Naval Architect Vripack. Guido Bonandrini of Gamma Yachts is thril

about 14 years ago
Pacific Rubiales, EXMAR Sign LNG Agreement (Colombia)
Business & Finance

Pacific Rubiales, EXMAR Sign LNG Agreement (Colombia)

Pacific Rubiales Energy (PRE) acting through its wholly owned subsidiary Pacific Stratus Energy Colombia, and Belgium based EXMAR NV have signed a 15 year Agreement for the Liquefaction, Regasification, Storage and Offloading of Gas/LNG. The Agreement calls for EXMAR to build, operate and maintain a

about 14 years ago
Norway: NADL Raises USD 300 mln Through Private Placement
Business & Finance

Norway: NADL Raises USD 300 mln Through Private Placement

North Atlantic Drilling Ltd, a leading offshore harsh environment drilling company, 77 pct owned by Seadrill, has, via Private Placement, successfully placed 150,000,000 new ordinary shares at US$ 2.00 per share, raising gross proceeds of US$300 million. The private placement was directed towards No

about 14 years ago
USA: Bluefin Secures Key Hires to Sustain Company Growth
Business & Finance

USA: Bluefin Secures Key Hires to Sustain Company Growth

Bluefin Robotics, a leader in the design and manufacturing of Autonomous Underwater Vehicles (AUVs) announces that the company has hired several new key employees, including Mr. Omer Poroy as Vice President of Business Development and Mr. Ian Estaphan Owen as Director of Programs. Over the last 3 mo

about 14 years ago
UK: Roc Oil Reports Operational Issues at Enoch Oil and Gas Field
Business & Finance

UK: Roc Oil Reports Operational Issues at Enoch Oil and Gas Field

Roc Oil (GB) Limited, a wholly owned subsidiary of ROC, advises that production from the Enoch oil and gas field (ROC: 12% interest), located in the North Sea, is anticipated to be offline for the remainder of 2012 due to mechanical issues related to subsea equipment. ROC is awaiting advice from the

about 14 years ago
Singapore: Express Offshore Solutions Wins Pipe Transport Contracts
Business & Finance

Singapore: Express Offshore Solutions Wins Pipe Transport Contracts

Miclyn Express Offshore’s subsidiary, Express Offshore Solutions (“EOS”), has secured further project and pipe transportation contracts totalling US$14.1 m in revenue. These contracts involve both direct and transhipment transportation of pipes from fabrication yards to installation vessels using ca

about 14 years ago
U.S. Army to Invest USD 7 Billion in Renewable Energy
Business & Finance

U.S. Army to Invest USD 7 Billion in Renewable Energy

The U.S. Army reported on March 19 that it will partner with industry to invest up to $7 billion over the next 10 years in renewable energy sources, including wind, solar, biomass, and geothermal energy. The military department has released a draft request for proposal (RFP) that could allow multipl

about 14 years ago
ABS Announces Expansion of Its Presence in Singapore
Business & Finance

ABS Announces Expansion of Its Presence in Singapore

ABS, the leading provider of classification services to the global offshore industry, announces the expansion of its presence in Singapore. Recognizing the growing role Singapore is playing as a global offshore energy center, ABS is moving key offshore leadership positions from Houston to Singapore

about 14 years ago
UK: Pelamis Founder Receives Saltire Prize Medal
Business & Finance

UK: Pelamis Founder Receives Saltire Prize Medal

Dr Richard Yemm, inventor of the Pelamis wave energy device and founder of Pelamis Wave Power was honoured last night for his outstanding contribution to the development of the marine renewables sector. First Minister Alex Salmond presented Richard Yemm with the second annual Saltire Prize Medal at

about 14 years ago
UK: Enoch Field Goes Offline
Business & Finance

UK: Enoch Field Goes Offline

Roc Oil (GB) Limited, a wholly owned subsidiary of ROC, advises that production from the Enoch oil and gas field (ROC: 12% interest), located in the North Sea, is anticipated to be offline for the remainder of 2012 due to mechanical issues related to subsea equipment. ROC is awaiting advice from the

about 14 years ago
Scotland: Pelamis Wave Energy Device Inovator Honoured for Key Role in Marine Energy
Business & Finance

Scotland: Pelamis Wave Energy Device Inovator Honoured for Key Role in Marine Energy

Dr Richard Yemm, inventor of the Pelamis wave energy device has been honoured for his outstanding contribution to the development of the marine renewables sector. The iconic red ‘sea-snake’ wave energy converter has gained international recognition since Dr Yemm founded Pelamis Wave Power in Edinbur

about 14 years ago
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