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Norwegian Gov’t Offers 60 Production Licences in APA 2011
Business & Finance

Norwegian Gov’t Offers 60 Production Licences in APA 2011

The Norwegian Government has decided to offer 60 production licenses in the Awards in Predefined Areas round for 2011 (APA 2011). – Today, I am offering participation interests in production licenses to 42 companies. Twenty-seven of these companies are being offered operatorships. APA 2011 is the mo

about 14 years ago
Germany: IHC Offshore Systems Provides Noise Mitigation System to Protect Sea Life
Business & Finance

Germany: IHC Offshore Systems Provides Noise Mitigation System to Protect Sea Life

IHC Offshore Systems, part of IHC Merwede, announces it has been awarded a rental contract for the Noise Mitigation System NMS-6900. Dutch offshore contractor Seaway Heavy Lifting will operate the NMS-6900 during the installation of 30 monopile foundations for the Riffgat offshore wind farm off the

about 14 years ago
Malaysia: Nam Cheong Steers Shipbuilding with 59m AHTS Newbuild
Business & Finance

Malaysia: Nam Cheong Steers Shipbuilding with 59m AHTS Newbuild

The current project expected to contribute positively to the earnings of Nam Cheong Limited upon its further steering of shipbuilding is the construction of a 5,150 brake horsepower Anchor Handling Towing Supply (AHTS) vessel that will be sold to Gulf Glory Marine Services LLC, a United Arab Emirate

about 14 years ago
Norway: Statoil, Partners Choose Concepts for Dagny and Eirin Developments
Business & Finance

Norway: Statoil, Partners Choose Concepts for Dagny and Eirin Developments

Norway’s oil and gas exploration and production giant ,Statoil, and its partners have selected a fixed platform for the Dagny oil and gas discovery in the North Sea, while the Eirin gas field is to be developed with a subsea solution. Gas from Dagny will be exported through a tie-back to the infrast

about 14 years ago
Hercules Offshore Announces Liftboat in Nigeria Likely Lost in Fire
Business & Finance

Hercules Offshore Announces Liftboat in Nigeria Likely Lost in Fire

Hercules Offshore today announced that the Mako, a 175′ class liftboat in Nigeria, was engulfed by a fire that originated on a third-party rig, the KS Endeavor, during the early morning hours on January 16, 2012. The Mako was providing excess storage services adjacent to the KS Endeavor drilling rig

about 14 years ago
Singapore: OSM Takes Full Management of PSV Crest Olympus
Business & Finance

Singapore: OSM Takes Full Management of PSV Crest Olympus

OSM, an independent marine-services provider offering offshore, ship management and consultancy services, takes full management of the PSV Crest Olympus. PSV Crest Olympus is currently at port in Singapore being retrofitted to work as an Oil Recovery Vessel for Petrobras, Brazil Designed by Wartsila

about 14 years ago
Greece: Paragon Shipping Enters Charter Agreement for MV Calm Seas
Business & Finance

Greece: Paragon Shipping Enters Charter Agreement for MV Calm Seas

Paragon Shipping Inc., a global shipping transportation company specializing in drybulk cargoes, announced today that it has entered into a fixed rate time charter agreement for its Vessel, M/V Calm Seas, with Intermare Transport GMBH. The M/V Calm Seas, a 1999 build, 74,047 dwt Panamax bulkcarrier,

about 14 years ago
Norway: Statoil Selects Concepts for Dagny and Eirin
Business & Finance

Norway: Statoil Selects Concepts for Dagny and Eirin

A fixed platform has been selected by Statoil and its partners for the Dagny oil and gas discovery in the North Sea, while the Eirin gas field is to be developed with a subsea solution. Gas from Dagny will be exported through a tie-back to the infrastructure on Sleipner East, while offshore loading

about 14 years ago
Norway: Westcon Lofteteknikk Takes Delivery of J D Neuhaus’ Largest Crane
Business & Finance

Norway: Westcon Lofteteknikk Takes Delivery of J D Neuhaus’ Largest Crane

The largest crane system constructed to date by J D Neuhaus has been delivered to Westcon Lofteteknikk AS (WCL) of Norway for use on an offshore drilling rig. The semi portal design comprises an A-frame supporting twin overhead horizontal track beams providing a 7.5 metre span. The crane has an appr

about 14 years ago
Denmark: A2SEA Increases Stake in CT Offshore
Business & Finance

Denmark: A2SEA Increases Stake in CT Offshore

In July 2011 A2SEA acquired a 29% share interest in the Danish cable installation company CT Offshore. A2SEA has now decided to increase their shareholding in the company to 67%. The remaining 33% of the shares are still owned by CT Offshore’s founder and CEO, Paw Cortes. The company will stay at it

about 14 years ago
Norway: Total Oil Production in 2011 below NPD’s Estimates
Business & Finance

Norway: Total Oil Production in 2011 below NPD’s Estimates

The Norwegian Petroleum Directorate, a governmental specialist directorate and administrative body today released preliminary production figures for December 2011. The figures show an average daily production of about 1 990 000 barrels of oil, NGL and condensate. This is a decrease of 60 000 barrels

about 14 years ago
UK: SeaGen Tidal Turbine Gets All-Clear from Environmental Studies
Business & Finance

UK: SeaGen Tidal Turbine Gets All-Clear from Environmental Studies

As well as being a renewable energy success , SeaGen, the world’s first commercial tidal current energy turbine is also an environmental success. The tidal turbine, designed and deployed by Marine Current Turbines Ltd (MCT) and located in Northern Ireland’s Strangford Lough has had no major impact o

about 14 years ago
Greece: CPPLP Announces Charters Extension with BP Shipping
Business & Finance

Greece: CPPLP Announces Charters Extension with BP Shipping

Capital Product Partners L.P. announced the extension of the charters of both the M/T Agamemnon II and the M/T Ayrton II to BP Shipping. The M/T Agamemnon II (2008 STX Offshore & Shipbuilding Co., 51,238 dwt) was fixed to BP Shipping at a daily charter rate of $14,000 net for 12 months (+/- 1 [&hell

about 14 years ago
Hercules Offshore’s Liftboat Destroyed in Nigerian Fire Incident?
Business & Finance

Hercules Offshore’s Liftboat Destroyed in Nigerian Fire Incident?

Hercules Offshore today announced that the Mako, a 175′ class liftboat in Nigeria, was engulfed by a fire that originated on a third-party rig, the KS Endeavor, during the early morning hours on January 16, 2012. The Mako was providing excess storage services adjacent to the KS Endeavor drilling rig

about 14 years ago
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