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The Netherlands: N-Seatec Receives Order for Complete HD Camera System
Business & Finance

The Netherlands: N-Seatec Receives Order for Complete HD Camera System

N-Seatec has been awarded an order for delivery of a complete HD Camera system. The Bowtech Surveyor HD Camera will be mounted on a Workclass ROV for inspection purposes and will have HDSDI output and delivered complete with cabling and interfacing. N-Seatec is the exclusive representative and distr

about 14 years ago
FES International Announces Deal with Saipem Drilling for Nord Stream Pipeline
Business & Finance

FES International Announces Deal with Saipem Drilling for Nord Stream Pipeline

FES International, a global provider of fluid transfer systems, has announced the completion of the first phase of a major new project with Saipem Drilling, in which it supplied a range of products, enabling fluid flushing and pressure testing to support the delivery of the Nord Stream consumer gas

about 14 years ago
Safin Gulf Orders Jack-up from Sembcorp, Singapore
Business & Finance

Safin Gulf Orders Jack-up from Sembcorp, Singapore

Sembcorp Marine’s subsidiary PPL Shipyard has secured a US$213 million order from Safin Gulf to build a Pacific Class 400 jack-up drilling rig. The Pacific Class 400 jack-up drilling rig, a proprietary design of PPL Shipyard, represents the latest generation of high-specification jack-up drilling ri

about 14 years ago
Belgian Navy Adds Two REMUS 100 AUVs to its Fleet
Business & Finance

Belgian Navy Adds Two REMUS 100 AUVs to its Fleet

The Belgian Navy has added to its fleet of Autonomous Underwater Vehicles (AUVs) from Hydroid, Inc., a subsidiary of Kongsberg Maritime and the leading manufacturer of AUVs. Two new REMUS 100 AUVs will enable the Belgian Navy to detect underwater mines, improvised explosive devices and other undeton

about 14 years ago
USA: Successful Heidelberg Appraisal for Anadarko
Business & Finance

USA: Successful Heidelberg Appraisal for Anadarko

Anadarko Petroleum Corporation yesterday reported the successful results of the Heidelberg-2 appraisal well, situated in Green Canyon block 903 in the deepwater Gulf of Mexico, which encountered approximately 250 net feet of oil pay in high-quality Miocene sands. The appraisal well was drilled to a

about 14 years ago
Norway: Aker Solutions Reports 18 Pct Increase in Revenues
Business & Finance

Norway: Aker Solutions Reports 18 Pct Increase in Revenues

Aker Solutions reported an 18 percent increase in revenues and a solid operating result in the fourth quarter of 2011, reflecting strong market conditions and high activity in the oil and gas industry. Revenues in the fourth quarter of 2011 amounted to NOK 11 600 million, compared with NOK 9 794 mil

about 14 years ago
Austal Ready to Commence Production in Its Philippine Shipyard
Business & Finance

Austal Ready to Commence Production in Its Philippine Shipyard

Austal has allocated its first shipbuilding project to its recently acquired shipyard in the Philippines. Construction of the vessel will commence in the first quarter of this year, and provide work through to November. Austal acquired the shipyard in the West Cebu Industrial Park in Balamban, Cebu

about 14 years ago
UK: BAE Systems Starts Construction of Second Queen Elizabeth Class Aircraft Carrier
Business & Finance

UK: BAE Systems Starts Construction of Second Queen Elizabeth Class Aircraft Carrier

Production on HMS PRINCE OF WALES, the second Queen Elizabeth Class aircraft carrier, has started today at BAE Systems in Portsmouth Naval Base – the future home of the Queen Elizabeth Class. Work on the forward section of the hull, known as Lower Block 02, commenced as Commander-in -Chief Fleet Adm

about 14 years ago
Norway: Aker Solutions 4Q Revenues Up 18 pct
Business & Finance

Norway: Aker Solutions 4Q Revenues Up 18 pct

Aker Solutions reported an 18 percent increase in revenues and a solid operating result in the fourth quarter of 2011, reflecting strong market conditions and high activity in the oil and gas industry. Revenues in the fourth quarter of 2011 amounted to NOK 11 600 million, compared with NOK 9 794 mil

about 14 years ago
Romania: OceanServer Delivers Two Iver2 AUVs to SC Marine Research SRL
Business & Finance

Romania: OceanServer Delivers Two Iver2 AUVs to SC Marine Research SRL

OceanServer Technology, Inc. has recently delivered two AUVs to SC Marine Research SRL located in Bucharest, Romania. Marine Research is a new and dynamic company devoted to the research of aquatic environments in and around Romania. The two IVER2 systems will initially be used to map the sea bottom

about 14 years ago
Greece: Globus Maritime Announces Redelivery of Vessel
Business & Finance

Greece: Globus Maritime Announces Redelivery of Vessel

Globus Maritime Limited, a dry bulk shipping company, announced redelivery of vessel by Charterers outside the dedelivery range and without replenishment of bunkers. Specifically, Allied Maritime Inc., the Charterer of the m/v Star Globe, a 2010-built 56,867 dwt Supramax bulkcarrier, informed Compan

about 14 years ago
Statoil, ExxonMobil Find Gas Offshore Tanzania
Business & Finance

Statoil, ExxonMobil Find Gas Offshore Tanzania

Norway’s Statoil and its U.S.-based partner ExxonMobil confirm that the Zafarani-1 well in Block 2 offshore Tanzania has encountered indications of natural gas in a good quality reservoir. Drilling operations are still on-going and it is too early to give any indication of size and commerciality. Th

about 14 years ago
2011: An Outstanding Year for Apache, CEO Says (USA)
Business & Finance

2011: An Outstanding Year for Apache, CEO Says (USA)

Apache Corporation today reported that record production and strong oil prices combined to generate record full-year 2011 earnings of $4.5 billion or $11.47 per diluted common share, up 50 percent from $3 billion or $8.46 per share in 2010. Production increased 14 percent to 748,000 barrels of oil e

about 14 years ago
Wind Energy Giants to Receive GBP 250 Million (UK)
Business & Finance

Wind Energy Giants to Receive GBP 250 Million (UK)

Two wind energy giants receive up to GBP 250 million a year in subsidies, reports North West Evening Mail A Swedish company, Vattenfall, which owns six windfarms in Britain, including the Ormonde windfarm off Walney, will receive GBP 139 million. Dong Energy, a wind power company from Denmark, with

about 14 years ago
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