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UK: IMCA Reveals Worldwide Diving Personnel Statistics
Business & Finance

UK: IMCA Reveals Worldwide Diving Personnel Statistics

Figures published by the International Marine Contractors Association (IMCA) reveal that globally there was a reduction in offshore diving… SubseaUK [mappress] Source: SubseaUK, October 25 , 2011;

about 15 years ago
Lack of Regulatory Approvals Prevents Bridas from Acquiring Stake in PAN (Argentina)
Business & Finance

Lack of Regulatory Approvals Prevents Bridas from Acquiring Stake in PAN (Argentina)

China’s biggest offshore oil producer, CNOOC Ltd on Tuesday said that it has not obtained the necessary regulatory approvals to complete… Source: Reuters [mappress] Source: Reuters, October 25, 2011

about 15 years ago
Denmark: Maersk Line Wins CSR Strategy Award
Business & Finance

Denmark: Maersk Line Wins CSR Strategy Award

Maersk Line wins award for ‘best integration of sustainability in company strategy’. At the 2011 Corporate Social Responsibility Awards, hosted by the Danish ‘CSR Foundation’, Maersk Line bagged the prestigious CSR Strategy Award 2011. The prize is sponsored by KPMG and recognizes Maersk Line for in

about 15 years ago
Brazil: NKT Flexibles Announces Location of New Factory
Business & Finance

Brazil: NKT Flexibles Announces Location of New Factory

NKT Flexibles’ Brazilian facility will be located in Superporto do Açu, less than 300 km north of Rio de Janeiro. NKT Flexibles CEO Michael C. Hjorth signed the agreement with the CEO of LLX, the company behind Superporto do Açu, Otavio Lazcano in a ceremony attended by LLX’ owner, Eike Batista, and

about 15 years ago
USA: National Oilwell Varco Soars on Strong Oil and Gas Activity
Business & Finance

USA: National Oilwell Varco Soars on Strong Oil and Gas Activity

National Oilwell Varco, Inc. today reported that for the third quarter ended September 30, 2011 it earned net income of $532 million, or $1.25 per fully diluted share, compared to second quarter ended June 30, 2011 net income of $481 million, or $1.13 per fully diluted share. Earnings per share incr

about 15 years ago
UK: BASF Appoints Subsea Experts Jee for Staff Training
Business & Finance

UK: BASF Appoints Subsea Experts Jee for Staff Training

Leading chemical company BASF recently appointed subsea experts Jee for staff training. A fast-track, workshop style course was commissioned in order to get new BASF starters up to speed in the oil and gas industry. Jee is well-known for their high-quality courses which teach engineers the technical

about 15 years ago
Vietnam: Hyundai Vinashin Shipyard Holds Naming Ceremony for Norden’s Bulk Carrier
Business & Finance

Vietnam: Hyundai Vinashin Shipyard Holds Naming Ceremony for Norden’s Bulk Carrier

On 24th October 2011, HVS has honorably hosted Naming ceremony for Hull No. S030- the 37,000 DWT Bulk Carrier – under attendance of representatives from Owner, DNV, HVS as well as Sponsor, Mrs. Marcia Garcia Simionato (from Brazil). The Hull No. S030, officially named “Nord Rotterdam” by Mrs. Simion

about 15 years ago
The Netherlands: Fugro GRL’s DeepWorks Simulates Frictional Forces on Subsea Bodies
Business & Finance

The Netherlands: Fugro GRL’s DeepWorks Simulates Frictional Forces on Subsea Bodies

Fugro GRL’s DeepWorks simulator now allows users to model friction acting on dynamic bodies like cables and ROVs when they come into contact with each other or with the seabed. This adds realism to subsea simulations. Friction is an important component in forecasting the behaviour of both moving and

about 15 years ago
USA: Environmental Groups Challenge EPA’s Permits for Shell’s Drillships
Business & Finance

USA: Environmental Groups Challenge EPA’s Permits for Shell’s Drillships

On October 21, the U.S. Environmental Protection Agency issued an air pollution permit for the Kulluk drill ship that Shell Offshore Inc. plans to use in offshore oil drilling efforts that could begin as early as next summer. Yesterday, on behalf of the Native Village of Point Hope, Resisting Enviro

about 15 years ago
UAE: DP World Reports Another Strong Performance in Third Quarter
Business & Finance

UAE: DP World Reports Another Strong Performance in Third Quarter

DP World’s global portfolio of container terminals has delivered another solid quarter handling gross volumes of 14.4 million TEU in the third quarter of 2011, 10% ahead of the third quarter last year. Gross volumes for the first nine months of the year were 40.6 million TEU or 11% ahead of the prio

about 15 years ago
The Netherlands: Lankhorst Mouldings and RiserTec Join Forces to Develop Dynamic Bend Stiffeners
Business & Finance

The Netherlands: Lankhorst Mouldings and RiserTec Join Forces to Develop Dynamic Bend Stiffeners

Offshore engineering specialist, Lankhorst Mouldings and independent engineering design consultancy, RiserTec have announced a co-operation… SubseaUK [mappress] Source: SubseaUK, October 25 , 2011;

about 15 years ago
Norway: New Executive Vice President of Havyard Power & Systems Appointed
Business & Finance

Norway: New Executive Vice President of Havyard Power & Systems Appointed

The 40-year-old from Lepsøy in the municipality of Haram, is taking over the role as Executive Vice President of Havyard Power & Systems after Tor Leif Mongstad who is starting in a new position within the Herøy-based company Havyard Group AS. Bakke is thus taking over a Havyard company experiencing

about 15 years ago
Nexans to Supply URC-1 Cable to Emerald Bridge for its UK-Ireland Connection
Business & Finance

Nexans to Supply URC-1 Cable to Emerald Bridge for its UK-Ireland Connection

Nexans, a worldwide leading expert in the cable industry, has been awarded a contract to supply 130 kilometres of URC-1 cable to Emerald Bridge Fibres Ltd. (Emerald Bridge). Emerald Bridge is a joint venture between UK fibre network provider Geo Networks Ltd. (Geo) and Ireland’s leading telecom prov

about 15 years ago
Brazil: Petrobras September Production Rises 2.43 Pct Year-on-Year
Business & Finance

Brazil: Petrobras September Production Rises 2.43 Pct Year-on-Year

In September, Petrobras’ oil and natural gas output in Brazil and abroad was 2,591,624 barrels of oil equivalent per day (boed), up 2.43% year-on-year, and 1.41% higher than the August figure. Fields in Brazil alone achieved average oil and gas output of 2,353,057 boed, 3.1% up on September 2010 and

about 15 years ago
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