Kvaerner had operating revenues of NOK 2 623 million in the third quarter. Earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to NOK 169 million, resulting in an EBITDA margin of 6.2 percent. “The third quarter has been a solid operational quarter, with financial results
State oil and gas group Petrovietnam has bid for $1.5 billion of ConocoPhillips oil assets in the South China Sea, a senior Petrovietnam off… Source: Reuters [mappress] Source: Reuters, November 1, 2011
Swire Pacific Offshore Operations (Pte) Ltd welcomed Pacific Hawk to the fleet last month on a long-term bareboat charter. Pacific Hawk is a 4700 DWT, DP2 classified Platform Supply Vessel (PSV) with 1000m2 of deck space. Built by Universal Shipbuilding Corporation to the STX 09 design at the Maizur
The Norwegian Petroleum Directorate has granted Statoil AS a drilling permit for wellbore 2/4-21. Wellbore 2/4-21 will be drilled from the drilling facility Mærsk Gallant at position 56°42’00.81’’N and 3°8’34.31”E. The drilling program for wellbore 2/4-21 applies to drilling of a wildcat well in pro
StarFish Seabed Imaging Systems, the shallow water sidescan sonar system from Tritech International, has proved a market success since its launch in 2007. Sales of the range have continued to rise since the launch of the original and ever popular, StarFish 450F. StarFish applications have included s
Dr. Larry Robinson, NOAA’s assistant secretary of commerce for conservation and management, and deputy administrator, announced that… NOAA [mappress] Source: NOAA,November 01 , 2011
18 months have passed since the terrible events surrounding the Macondo disaster in the Gulf of Mexico unfolded. After a period of emotion… By Inger Louise Molver (Westshore Shipbrokers) [mappress] Source: Westshore Shipbrokers, October 31, 2011
Ciena® Corporation , the network specialist, announced it was selected by Southern Cross Cables, an independent Australasian bandwidth wholesaler that owns and maintains a trans-Pacific network, to expand its subsea cable network. To meet growing demand for high-bandwidth services and applications l
With increasing interest in sustainable shipping, Ahoy in cooperation with HME will organise for the second time in line a special Green Route at Europort 2011. An exclusive number of 48 ‘green’ companies that products/services that show demonstrable reduction in the environmental impact of ships ha
18 months have passed since the terrible events surrounding the Macondo disaster in the Gulf of Mexico unfolded. After a period of emotion… By Inger Louise Molver (Westshore Shipbrokers) [mappress] Source: Westshore Shipbrokers , October 31, 2011;
2H Offshore Inc., an Acteon company, has relocated to new premises within Houston’s Energy Corridor District at 15990 North Barkers Landing, Suite 200, Houston, Texas 77079. Close to major clients and less than a mile from the previous location, the new office encompasses 32,000 square feet and incl
In press release of 4 July 2011 Farstad informed that Farstad Shipping ASA, through its wholly owned subsidiary P/R International Offshore Services ANS, had reached an agreement to sell the PSV vessel ‘Lady Christine’ (1985, ME 202, 2.368 DWT). Delivery of the vessel to the new owner was expected to
The World leading technology company, Emerson Process Management, has become a partner in NCE Subsea. – To us this is about increased visibility, but we also feel we have something to offer NCE Subsea, says Hege Forus, Information Manager at Roxar, which is owned by Emerson Process Management. This
The World leading technology company, Emerson Process Management, has become a partner in NCE Subsea. To us this is about increased visibility, but we also feel we have something to offer NCE Subsea, says Hege Forus, Information Manager at Roxar, which is owned by Emerson Process Management. This is
