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UK: Tritech’s StarFish Sonar Sets Standard in Search & Rescue Missions
Business & Finance

UK: Tritech’s StarFish Sonar Sets Standard in Search & Rescue Missions

StarFish Seabed Imaging Systems, the shallow water, sidescan sonar system from Tritech, is proving to be the standard Search and Rescue (SAR) tool. StarFish has been successful in a SAR operation for body recovery. Where other sonars have failed to locate the missing person, StarFish 990F’s high res

about 14 years ago
The Netherlands: Van Oord Records Increased Turnover in Difficult Year
Business & Finance

The Netherlands: Van Oord Records Increased Turnover in Difficult Year

Van Oord’s turnover in 2011 was EUR 1,715 million (2010 EUR 1,578 million) and was evenly attributable to activities performed by Van Oord’s divisions and areas. The net profit for 2011 amounted to EUR 118 million (2010: EUR 165 million, including an extraordinary tax gain of EUR 40 million). CEO Pi

about 14 years ago
UK: Seatronics Increases Rental Pool with Sonardyne 6G Technology
Business & Finance

UK: Seatronics Increases Rental Pool with Sonardyne 6G Technology

Market leading offshore equipment rental company, Seatronics, an Acteon Company has increased its commitment to Sonardyne’s sixth generation technology platform – 6G – with a major order for subsea acoustic positioning hardware. The equipment will be added to Seatronic’s equipment pool in Aberdeen f

about 14 years ago
USA: Eugene Island Drilling Progressing Well
Business & Finance

USA: Eugene Island Drilling Progressing Well

The Ocean Columbia jack-up rig was recently successfully installed at the Eugene Island-184 platform on the 17 February 2012. Drilling operations commenced on the planned sidetrack of the A2 production well on 18 February. A window was successfully milled in the casing from 7,594 to 7,607 feet and t

about 14 years ago
Germany: Sanmar Delivers MT TORSTEN to Schramm Group
Business & Finance

Germany: Sanmar Delivers MT TORSTEN to Schramm Group

M/T TORSTEN is a powerful handy-sized multipurpose anchor-handling and assistance tug with a large flat deck area. Its main scope of service is providing assistance at any offshore and nearshore construction sites, as well as anchor-handling and aiding cable-laying vessels. Sanmar has been involved

about 14 years ago
The Netherlands: Van Oord on Right Track
Business & Finance

The Netherlands: Van Oord on Right Track

Van Oord’s turnover in 2011 was EUR 1,715 million (2010 EUR 1,578 million) and was evenly attributable to activities performed by Van Oord’s divisions and areas. The net profit for 2011 amounted to EUR 118 million (2010: EUR 165 million, including an extraordinary tax gain of EUR 40 million). CEO Pi

about 14 years ago
France: BOURBON Reports Improvement in Performance and Results
Business & Finance

France: BOURBON Reports Improvement in Performance and Results

“The market upturn in 2011 has resulted in early signs of an improvement in BOURBON’s performance and results,” Christian Lefèvre, Chief Executive Officer of BOURBON announced. “EBITDA was up 24.6% compared with the previous year. This market upturn is more apparent in the deepwater offshore segment

about 14 years ago
France: Bright Future Ahead for European Wind Market
Business & Finance

France: Bright Future Ahead for European Wind Market

European Wind Commission announced a report which says that the European wind market is currently stalled but a bright future lies ahead. “The European Union market is wavering between the flagging onshore market and the logistics, technology and industrial preparations for the huge, offshore wind e

about 14 years ago
France: Bright Future Ahead for European Wind Market
Business & Finance

France: Bright Future Ahead for European Wind Market

European Wind Commission announced a report which says that the European wind market is currently stalled but a bright future lies ahead. “The European Union market is wavering between the flagging onshore market and the logistics, technology and industrial preparations for the huge, offshore wind e

about 14 years ago
UK: Seaspeed Marine Tests Wind Farm Support Vessel Models for South Boats
Business & Finance

UK: Seaspeed Marine Tests Wind Farm Support Vessel Models for South Boats

A series of free-running models of fast wind-farm support vessel designs have recently been tested by Seaspeed Marine Consulting for South Boats in order to develop the most appropriate hull forms for their next generation of vessels. Models of different hull designs, instrumented for performance me

about 14 years ago
Romania: GSP Offshore Names New CEO
Business & Finance

Romania: GSP Offshore Names New CEO

Grup Servicii Petroliere SA (GSP) – a rapidly emerging drilling, pipe lay and offshore construction company, announces the appointment of Stuart D Oakley as its new Chief Executive Officer to be based in Constanta in Romania. Mr. Fanel Hahui who previously held this position will now move into the n

about 14 years ago
Norway: Noreco Gets Clearance for Drilling in Barents Sea
Business & Finance

Norway: Noreco Gets Clearance for Drilling in Barents Sea

The Norwegian Petroleum Directorate has awarded Norwegian Energy Company ASA (Noreco ASA) a drilling permit for well 7228/1-1, cf. Section 8 of the Resource Management Regulations. Well 7228/1-1 will be drilled from the Transocean Barents drilling facility in position 72 51` 0.89″ north and 28 18´ 5

about 14 years ago
USA: APM Terminals Dominates Safety Awards Again
Business & Finance

USA: APM Terminals Dominates Safety Awards Again

For the fifth consecutive year APM Terminals Pier 400 Los Angeles was named winner of both the Category A Southern California Area Container Terminal Safety Award, and the Coast Award for the safest terminal on the Pacific Coast by the Pacific Maritime Association (PMA). The awards were announced at

about 14 years ago
USA: Exxon Mobil Reveals Massive 5-Year Investment Plan
Business & Finance

USA: Exxon Mobil Reveals Massive 5-Year Investment Plan

Exxon Mobil Corporation plans to invest approximately $185 billion over the next five years to develop new supplies of energy to meet expected growth in demand, Chairman and CEO Rex W. Tillerson said today in a presentation at the New York Stock Exchange. “During challenging times for the global eco

about 14 years ago
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