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NAM, Shell Hire ‘Seajacks Kraken’ for Maintenance Campaign in Southern North Sea
Business & Finance

NAM, Shell Hire ‘Seajacks Kraken’ for Maintenance Campaign in Southern North Sea

Seajacks Kraken, a self-propelled jack-up vessel owned and operated by Seajacks, has been contracted by NAM (Nederlandse Aardoliemaatschappij BV) and Shell UK Limited to work on one of the largest well repair and maintenance campaigns in the Southern North Sea. The program is scheduled to last for t

about 14 years ago
UK: Ecotricity Introduces Wave Power Device ‘Searaser’
Business & Finance

UK: Ecotricity Introduces Wave Power Device ‘Searaser’

Green energy company Ecotricity is adding the power of the Sea to that of the Wind and the Sun – to make its Green Electricity. Ecotricity is developing a radical Wave power device called Searaser – which it believes can address two of the biggest barriers to the deployment of renewable energy on th

about 14 years ago
Finland: Wartsila to Provide Power and Positioning System for Statoil’s New Drilling Rigs
Business & Finance

Finland: Wartsila to Provide Power and Positioning System for Statoil’s New Drilling Rigs

Wärtsilä, the marine industry’s leading solutions provider, has been contracted to supply the power and positioning system for two new drilling rigs ordered by Songa Offshore AS, the Norwegian arm of the Cyprus-based offshore drilling company. These so called cat D semi-submersible rigs are tailor d

about 14 years ago
Finland: Wartsila to Equip Songa Offshore’s cat D Rigs
Business & Finance

Finland: Wartsila to Equip Songa Offshore’s cat D Rigs

Wärtsilä, the marine industry’s leading solutions provider, has been contracted to supply the power and positioning system for two new drilling rigs ordered by Songa Offshore AS, the Norwegian arm of the Cyprus-based offshore drilling company. These so called cat D semi-submersible rigs are tailor d

about 14 years ago
Seajacks Kraken Wins Two Year Contract from NAM and Shell UK
Business & Finance

Seajacks Kraken Wins Two Year Contract from NAM and Shell UK

Seajacks Kraken, a self-propelled jack-up vessel owned and operated by Seajacks, has been contracted by NAM (Nederlandse Aardoliemaatschappij BV) and Shell UK Limited to work on one of the largest well repair and maintenance campaigns in the Southern North Sea. The program is scheduled to last for t

about 14 years ago
Clipper Takes Delivery of its New Multi-purpose Vessels from China
Business & Finance

Clipper Takes Delivery of its New Multi-purpose Vessels from China

Clipper has taken delivery of the newbuilding Clipper Gemini. The vessel is the last vessel in a series of three 9.500 dwt, multi-purpose vessels ordered from Yangfan Shipyard, China. The delivery of the vessel is in line with Clipper Projects’ strategic goal to renew the fleet. On the maiden voyage

about 14 years ago
Australia: Strategic Marine Delivers State-of-Art Vessel ‘Alamo’
Business & Finance

Australia: Strategic Marine Delivers State-of-Art Vessel ‘Alamo’

Western Australian (WA) ship builder Strategic Marine has finished work on a state-of-the-art 27 metre work barge which will be delivered to the Port of Dampier to service the burgeoning resources sector. The barge named ‘Alamo’ has been built for Karratha business Offshore Plant Hire and will be ch

about 14 years ago
Australia: Strategic Marine Completes Work Barge Construcion
Business & Finance

Australia: Strategic Marine Completes Work Barge Construcion

Western Australian (WA) ship builder Strategic Marine has finished work on a state-of-the-art 27 metre work barge which will be delivered to the Port of Dampier to service the burgeoning resources sector. The barge named ‘Alamo’ has been built for Karratha business Offshore Plant Hire and will be ch

about 14 years ago
UK: Gulf LNG Project Talks Progressing Well
Business & Finance

UK: Gulf LNG Project Talks Progressing Well

FLEX LNG provide update regarding the status of ongoing discussions with the sponsors of the Gulf LNG Project and Samsung Heavy Industries. As previously disclosed, FLEX LNG and SHI successfully completed Front End Engineering and Design (“FEED”) in December 2011 for the FLNG vessel for the Gulf LNG

about 14 years ago
South West Becomes UK’s First Marine Energy Park
Business & Finance

South West Becomes UK’s First Marine Energy Park

The South West has been named as the UK’s first Marine Energy Park, firmly placing the region on the international map for leadership in marine renewable energy. Climate Change Minister Greg Barker made the announcement on a visit to Bristol where he met with key members of the new initiative. The S

about 14 years ago
Italy: Carnival Pcl Hires SMIT Salvage to Remove Fuel from Costa Concordia
Business & Finance

Italy: Carnival Pcl Hires SMIT Salvage to Remove Fuel from Costa Concordia

SMIT Salvage, a unit of Dutch maritime services firm Royal Boskalis Westminster NV has been hired by Carnival Plc to remove the 2,400 tons of fuel from the Costa Concordia. Over the weekend, a full bathometry survey was initiated. The outcome of the survey will provide further insight into seabed be

about 14 years ago
USA: Schlumberger Reports Growth in Fourth-Quarter and Full-Year 2011 Results
Business & Finance

USA: Schlumberger Reports Growth in Fourth-Quarter and Full-Year 2011 Results

Schlumberger Limited reported full-year 2011 revenue of $39.54 billion versus $27.45 billion in 2010. Full-year 2011 income from continuing operations attributable to Schlumberger, excluding charges and credits, was $4.97 billion, representing diluted earnings-per-share of $3.66 versus $2.86 in 2010

25 minutes read
Canada: Ithaca Receives Takeover Bid
Business & Finance

Canada: Ithaca Receives Takeover Bid

Ithaca Energy Inc., a North Sea oil and gas exploration, development and production company with offices in Calgary, Canada and Aberdeen, Scotland notes the recent movement in the Company’s share price on the Toronto Stock Exchange and confirms that it has received a confidential, non-binding propos

about 14 years ago
Bermuda: Golar LNG Buys Carrier Gandria
Business & Finance

Bermuda: Golar LNG Buys Carrier Gandria

Golar LNG announced that it has become 100% owner of the LNG Carrier Gandria. Golar has purchased the remaining 50% share interest in Bluewater Gandria N.V, the owning company of the vessel, from an affiliate of Bluewater Energy Services B.V. The price has been agreed all-in at $19.5 million. Prior

about 14 years ago
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