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South Korea: Samsung Heavy Selects OCTOPUS-Onboard for Teekay Shuttle Tankers
Business & Finance

South Korea: Samsung Heavy Selects OCTOPUS-Onboard for Teekay Shuttle Tankers

One of the leading shipbuilders in the world, Samsung Heavy Industries, has selected Amarcon to provide an integrated Wave and Motion Monitoring System for four new build Shuttle Tankers. The vessels shall be operated by Teekay. Part of the scope of supply is a wave radar interface module that is ab

about 15 years ago
Norway: Farstad Cancels Sale of Lady Christine PSV
Business & Finance

Norway: Farstad Cancels Sale of Lady Christine PSV

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

about 15 years ago
ION Expands Regional Seismic Data Offshore Northeast Greenland
Business & Finance

ION Expands Regional Seismic Data Offshore Northeast Greenland

ION Geophysical Corporation announced that it has acquired an additional 5,200 km of regional seismic data from offshore Northeast Greenland, bringing the total kilometers the company has acquired in the region over the last two seasons to nearly 18,000. The Arctic is one of the least explored, most

about 15 years ago
Norway: VP Finance Leaves Sevan to Pursue Other Interests
Business & Finance

Norway: VP Finance Leaves Sevan to Pursue Other Interests

Sevan Marine ASA , a company specialized in owning, operating and licensing FPSOs and drilling units, based on its patented cylindrical floater technology announced today that VP Finance, Birte Norheim, has decided to resign her position in Sevan Marine ASA to take on the role as Finance Director of

about 15 years ago
South Korea: DSME, GL Provide First Solution to LNG-fuelled Large Container Vessels
Business & Finance

South Korea: DSME, GL Provide First Solution to LNG-fuelled Large Container Vessels

LNG, as a promising fuel alternative, has not been used for container vessels. DSME and Germanischer Lloyd (GL) have proved the feasibility of running large container vessels on LNG in a recently completed joint project. At a press conference held during the Kormarine Trade Fair in Busan, both parti

about 15 years ago
ABB Signs Maintenance and Service Frame Agreement with BP Norway
Business & Finance

ABB Signs Maintenance and Service Frame Agreement with BP Norway

ABB, the leading power and automation technology group, signed a three-year frame agreement worth $33 million with BP Norway for maintenance, modification and service of the safety and automation systems of all of its oil field operations on the Norwegian continental shelf. The agreement signed in t

about 15 years ago
ION Acquires More Seismic Data Offshore Northeast Greenland
Business & Finance

ION Acquires More Seismic Data Offshore Northeast Greenland

ION Geophysical Corporation today announced that it has acquired an additional 5,200 km of regional seismic data from offshore Northeast Greenland, bringing the total kilometers the company has acquired in the region over the last two seasons to nearly 18,000. The Arctic is one of the least explored

about 15 years ago
Norway: Wilhelmsen Ships Service Marks 10 Months of Successful ADC Handling
Business & Finance

Norway: Wilhelmsen Ships Service Marks 10 Months of Successful ADC Handling

Since the start of 2011, Wilhelmsen Ships Service (WSS) Ships Agency has been successfully dealing with the needs of vessels calling in European ports with regard to Advanced Cargo Declarations. These regulations require all carriers to pre-alert customs authorities of goods going in and out of the

about 15 years ago
General Organisation of Sea Ports, Georgian Ministry of Economy Sign MoU
Business & Finance

General Organisation of Sea Ports, Georgian Ministry of Economy Sign MoU

The General Organisation of Sea Ports (GOP) signed a strategic Memorandum of Understanding (MoU) with the Ministry of Economy and Sustainable Development of Georgia for developing mutual co-operation to foster professional maritime training and international certification for seafarers in the Kingdo

about 15 years ago
ABB Signs 3-Year Deal to Service All BP Norway’s Offshore Fields
Business & Finance

ABB Signs 3-Year Deal to Service All BP Norway’s Offshore Fields

ABB, the leading power and automation technology group, signed a three-year frame agreement worth $33 million with BP Norway for maintenance, modification and service of the safety and automation systems of all of its oil field operations on the Norwegian continental shelf. The agreement signed in t

about 15 years ago
Welltec Finishes Excellent Cleaning Job Offshore (Denmark)
Business & Finance

Welltec Finishes Excellent Cleaning Job Offshore (Denmark)

Welltec was given the challenge to remove an unknown amount of sticky substance from an offshore well and to do it on electric line. The challenge was accepted. Initially, the operator did not know exactly how much of the sticky material was present in the well and in case it was just a bridge, it [

about 15 years ago
Bermuda: Frontline Sells Suezmax Tanker ‘Front Hunter’
Business & Finance

Bermuda: Frontline Sells Suezmax Tanker ‘Front Hunter’

Frontline Ltd. has entered into an agreement to sell its 1996-built Suezmax tanker Front Hunter to VTN Shipping Group, a related party. The vessel will cease to trade in the spot tanker market, and delivery is expected to take place in November 2011. The sale will result in a net cash outflow of app

about 15 years ago
UK: SPE Opens Offshore Achievement Awards 2012 for Entries
Business & Finance

UK: SPE Opens Offshore Achievement Awards 2012 for Entries

The search is launched for the brightest and best talent and achievements in the Energy industry over the last year. The prestigious Offshore Achievement Awards, recently re-launched by the Society of Petroleum Engineers (SPE) Aberdeen section with the support of main sponsor Taqa Bratani, are now o

about 15 years ago
UAE: ADPC CEO Presents Latest Developments of Kizad and New Khalifa Port
Business & Finance

UAE: ADPC CEO Presents Latest Developments of Kizad and New Khalifa Port

Mr. Tony Douglas, CEO of Abu Dhabi Ports Company, presented to 150 attendees at the Deliotte Middle East Partners Meeting 2011. The event was held at the Intercontinental Hotel in Abu Dhabi, where Mr. Douglas was invited as the guest of honour, to present the latest developments of Kizad (Khalifa In

about 15 years ago
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