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Ambitious Plans for European Offshore Wind Industry
Business & Finance

Ambitious Plans for European Offshore Wind Industry

The new era is coming for offshore wind in Europe. Investments in this industry are going to double in next ten years. It is the fastest rising industry at the moment. In 2010, approximately USD 82 billion investments in wind industry were recorded. There is a plan to reach USD 140 billion by 2020 a

about 14 years ago
USA: St. Johns Ship Building Launches OSV for A.R. Singh Contractors
Business & Finance

USA: St. Johns Ship Building Launches OSV for A.R. Singh Contractors

St. Johns Ship Building of Palatka, Fla. launched the Sea Strength, a 157’ offshore service vessel (OSV) for A. R. Singh Contractors Ltd. The vessel will be the largest in the A. R. Singh Contractors Ltd. fleet and will expand the company’s reach into the Caribbean offshore market. The Sea Strength

about 14 years ago
China: PCCW Global Upgrades Submarine Cable with Ciena’s WaveLogic
Business & Finance

China: PCCW Global Upgrades Submarine Cable with Ciena’s WaveLogic

PCCW Global, an operating division of HKT, Hong Kong’s premier telecommunications provider, and network specialist Ciena® Corporation announced a capacity upgrade to the carrier’s subsea network with Ciena’s industry-leading WaveLogic™ coherent optical 100G networking solutions. This upgrade will si

about 14 years ago
Canada: Engine Fire Indicator Forces Cougar to Return to Base
Business & Finance

Canada: Engine Fire Indicator Forces Cougar to Return to Base

C-NLOPB, the regulatory agency for the Newfoundland and Labrador Offshore Area received notification from Suncor Energy that a helicopter owned by Cougar that was en route to the Terra Nova FPSO returned to base and landed safely at approximately 8:10 a.m., January 11, 2012. The helicopter was some

about 14 years ago
BIMCO Calls for Tighter International Regulation of World Shipping
Business & Finance

BIMCO Calls for Tighter International Regulation of World Shipping

A Baltic and International Maritime Council (BIMCO) study has called for tighter regulation of shipping on a global basis that will take practical and pragmatic steps to enhance the environment. The study also sought more concerted action to suppress piracy and an end to persecution of seafarers inv

about 14 years ago
Norway: Det Norske Gets Drilling Permit for Storebjorn
Business & Finance

Norway: Det Norske Gets Drilling Permit for Storebjorn

The Norwegian Petroleum Directorate approved yesterday Det norske’s drilling program for the drilling of the Storebjørn prospect. Storebjørn is located in production license 450 in the southern North Sea. The prospect is located near existing infrastructure on the Ula and Gyda fields. The wellbore i

about 14 years ago
India: Sify Announces Establishment of Undersea Cable Landing Station in Mumbai
Business & Finance

India: Sify Announces Establishment of Undersea Cable Landing Station in Mumbai

Sify Technologies Limited, a leader in Managed Enterprise, Network and IT Services in India with growing global delivery capabilities, announced the operational readiness of their Undersea Cable Landing Station in Mumbai. Speaking on the occasion, Mr. Raju Vegesna, CEO and Managing Director, Sify Te

about 14 years ago
PGS Begins MC3D Survey in Kwanza/Benguela Basins Offshore Angola
Business & Finance

PGS Begins MC3D Survey in Kwanza/Benguela Basins Offshore Angola

The Ramform Valiant, a seismic vessel owned and operated by Petroleum Geo-Services ASA, has started acquisition of over 26,000 km² of GeoStreamer® data in five blocks in the Kwanza/Benguela Basins in Angola. The size of the survey area corresponds to an area slightly larger than Massachusetts or Wal

about 14 years ago
USA: Donjon Marine’s Articulated Tug Wins ‘Significant Boats in 2012′ Award
Business & Finance

USA: Donjon Marine’s Articulated Tug Wins ‘Significant Boats in 2012′ Award

Donjon Marine Company’s New Build Articulated Tug, the Ken Boothe Sr, earned “Significant Boats in 2012” award at the 2011 International WorkBoat Show. It was recognized for its bruiser-type traditional Great Lakes tugs design and look – and the fact that it’s the first newbuild project for Donjon S

about 14 years ago
PGS’ Ramform Valiant Starts Seismic Survey Offshore Angola
Business & Finance

PGS’ Ramform Valiant Starts Seismic Survey Offshore Angola

The Ramform Valiant, a seismic vessel owned and operated by Petroleum Geo-Services ASA, has started acquisition of over 26,000 km² of GeoStreamer® data in five blocks in the Kwanza/Benguela Basins in Angola. The size of the survey area corresponds to an area slightly larger than Massachusetts or Wal

about 14 years ago
TWMA Becomes Member of Decom North Sea (UK)
Business & Finance

TWMA Becomes Member of Decom North Sea (UK)

TWMA has become a member of Decom North Sea (DNS), the offshore oil & gas decommissioning forum. DNS has grown since its inception in 2009, to have over 160 members drawn from operators, major contractors, service specialists and technology developers. With annual decommissioning expenditure in the

about 14 years ago
Israel: Adira Energy Finalizes Yitzhak Farm-Out
Business & Finance

Israel: Adira Energy Finalizes Yitzhak Farm-Out

Israel’s Petroleum Commissioner has granted approval to Adira Energy Ltd. for the farm-out of 25% of its interest in the Yitzhak offshore license to the AGR Group and Ellomay Oil and Gas 2011 LP, pursuant to a series of Farm-Out Agreements announced on December 5, 2011. The Agreements are now uncond

about 14 years ago
Tobago: FREIF and Beowulf Acquire Stake in ECGPC and its Undersea Gas Pipeline Project
Business & Finance

Tobago: FREIF and Beowulf Acquire Stake in ECGPC and its Undersea Gas Pipeline Project

First Reserve’s Energy Infrastructure Fund (“FREIF”) announced it has partnered with Beowulf Energy (“Beowulf”) to invest in power generation and midstream assets in the Eastern Caribbean. The initial investment consists of the purchase from Beowulf of a substantial equity stake in Trinity Power Lim

about 14 years ago
Vroon’s new AHTS Bound for Singapore Market
Business & Finance

Vroon’s new AHTS Bound for Singapore Market

Vroon Offshore Services (VOS), a shipping company established a century ago in the Port of Breskens, the Netherlands, have taken delivery of a new addition to their offshore fleet. The vessel VOS Athena, 59.25 m in lenght, was delivered from the Fujian Southeast Shipyard in China at approximately 11

about 14 years ago
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