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Norway: AGR’s Drilling Technology Break Through 500 Wells Milestone
Business & Finance

Norway: AGR’s Drilling Technology Break Through 500 Wells Milestone

Oil and Gas industry solutions provider AGR is celebrating a milestone achievement for its drilling technology. Its Riserless Mud Recovery system (RMR™) and Cutting Transportation System (CTS™) have now been deployed on more than 500 wells. This achievement is not only an indication of AGR’s experie

about 14 years ago
Milestone Achievement for AGR’s Drilling Technology in Chirag Field, Azerbaijan
Business & Finance

Milestone Achievement for AGR’s Drilling Technology in Chirag Field, Azerbaijan

Oil & Gas industry solutions provider AGR is celebrating a milestone achievement for its drilling technology. Its Riserless Mud Recovery system (RMR™) and Cutting Transportation System (CTS™) have now been deployed on more than 500 wells. This achievement is not only an indication of AGR’s experienc

about 14 years ago
Denmark: Kongsberg Provides Equipment for MOSAIC
Business & Finance

Denmark: Kongsberg Provides Equipment for MOSAIC

Kongsberg Maritime simulators have been selected for the forthcoming MOSAIC 2 facility (Maersk Offshore Simulation and Innovation Centre) at Maersk Training in Svendborg, Denmark. Building officially commenced on the state-of-the-art new facility on the Maersk Training campus on 29th November 2011.

about 14 years ago
The Netherlands: Royal Boskalis Westminster Completes Acquisition of MNO Vervat
Business & Finance

The Netherlands: Royal Boskalis Westminster Completes Acquisition of MNO Vervat

Royal Boskalis Westminster N.V. has completed the previously announced acquisition of MNO Vervat. MNO Vervat holds a leading position in the Dutch civil infrastructure market. Established in 1917, this family-owned business is specialized in road construction, concrete and other civil construction w

about 14 years ago
Russia: Sovcomflot BoD Approves 2012 Budget
Business & Finance

Russia: Sovcomflot BoD Approves 2012 Budget

At a regular meeting of the Board of Directors of OAO Sovcomflot, approval was given to the financial plan (budget) of the Sovcomflot Group of companies (SCF) for 2012, and the production and financial performance forecasts for 2013-2014. The Chairman of Sovcomflot’s Board of Directors Ilya Klebanov

about 14 years ago
UK: Dron & Dickson Announces New Contract with Maersk FPSOs
Business & Finance

UK: Dron & Dickson Announces New Contract with Maersk FPSOs

Dron & Dickson, specialist in design, supply and maintenance of hazardous area electrical equipment, has secured a new contract with Maersk FPSOs UK Limited. The deal will see Dron & Dickson conduct an Ex baseline survey for the North Sea Producer FPSO to establish the client’s asset register. The s

about 14 years ago
The Netherlands: Huisman Secures New Contract with Subsea 7
Business & Finance

The Netherlands: Huisman Secures New Contract with Subsea 7

Huisman, the specialist in lifting, drilling and subsea solutions, has secured a new contract with Subsea 7 to supply and install a 550mt Flex-lay system and a 400mt Offshore Mast Crane onboard their newest vessel. Delivery of the equipment is scheduled for 2014, installation will take place at Huis

about 14 years ago
The Netherlands: Huisman Secures Contract to Equip Subsea 7’s New Vessel
Business & Finance

The Netherlands: Huisman Secures Contract to Equip Subsea 7’s New Vessel

Huisman, a Dutch-based specialist in lifting, drilling and subsea solutions, has secured a new contract with Subsea 7 to supply and install a 550mt Flex-lay system and a 400mt Offshore Mast Crane onboard their newest vessel. Delivery of the equipment is scheduled for 2014, installation will take pla

about 14 years ago
USA: Texas A&M University Selects Bright Cluster Manager for its HPC Cluster
Business & Finance

USA: Texas A&M University Selects Bright Cluster Manager for its HPC Cluster

Bright Computing announced that the Department of Oceanography at Texas A&M University has selected Bright Cluster Manager® to manage its AMD Opteron-based HPC Cluster. This system, installed by Bright partner Advanced HPC, is being used to study the environmental impact of oil spills and poisonous

about 14 years ago
LWI Vessels: Important Tool for Increasing Recovery (Norway)
Business & Finance

LWI Vessels: Important Tool for Increasing Recovery (Norway)

Statoil is cutting the costs of increased recovery from fields in operation by hiring in light well intervention vessels. As of December Statoil has three light well intervention vessels in operation. Statoil awarded Island Offshore a framework agreement earlier this year for light well intervention

about 14 years ago
China: CIC Jiangsu Shipyard Delivers Two Bulk Carriers
Business & Finance

China: CIC Jiangsu Shipyard Delivers Two Bulk Carriers

On Dec. 9th 2011, China Shipping Industry (Jiangsu) Co, simultaneously named and delivered the 3rd and the 4th 57.000 DWT bulk carrier “Lan Hai He Xie” and “Lan Hai Sheng Hui” to Minsheng Financial Leasing Co., Ltd. and Guangdong Lanhai Shipping Co., Ltd., which was another success after the naming

about 14 years ago
UK: Dron & Dickson Climbs Aboard North Sea Producer FPSO
Business & Finance

UK: Dron & Dickson Climbs Aboard North Sea Producer FPSO

Dron & Dickson, specialist in design, supply and maintenance of hazardous area electrical equipment, has secured a new contract with Maersk FPSOs UK Limited. The deal will see Dron & Dickson conduct an Ex baseline survey for the North Sea Producer FPSO to establish the client’s asset register. The s

about 14 years ago
Chevron, Transocean Facing Massive Lawsuit for Oil Spill in Brazil
Business & Finance

Chevron, Transocean Facing Massive Lawsuit for Oil Spill in Brazil

Reuters today reported that Brazilian prosecutors have filed a lawsuit against oil major, Chevron, and the world’s biggest offshore drilling contractor, Transocean, over their roles in an oil leak near the Frade field, off the coast of Rio de Janeiro, which occurred in November. Chevron has already

about 14 years ago
Norway: Statoil Increases Recovery Through Light Well Intervention
Business & Finance

Norway: Statoil Increases Recovery Through Light Well Intervention

Statoil is cutting the costs of increased recovery from fields in operation by hiring in light well intervention vessels. As of December Statoil has three light well intervention vessels in operation. Statoil awarded Island Offshore a framework agreement earlier this year for light well intervention

about 14 years ago
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