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KfW IPEX-Bank Finances LNG-Powered Ship in Germany
Business & Finance

KfW IPEX-Bank Finances LNG-Powered Ship in Germany

KfW IPEX-Bank is financing the construction of the first completely gas-powered and thereby low-emission ship in Germany. The 15,600 cubic metre LNG tanker will be used to decentrally supply Liquefied Natural Gas to energy intensive industries and LNG tank facilities in the North Sea and Baltic Sea

about 15 years ago
UK: Schlumberger Presents its FORTRESS Valve at Offshore Europe 2011
Business & Finance

UK: Schlumberger Presents its FORTRESS Valve at Offshore Europe 2011

Schlumberger announced today at the Offshore Europe 2011 Oil and Gas Conference and Exhibition the release of the FORTRESS* isolation valve. The FORTRESS valve simplifies the transition from upper completion to production without the need for intervention. “The FORTRESS isolation valve was designed

about 15 years ago
Norway: Havyard Group Starts New Training Programme for Youths
Business & Finance

Norway: Havyard Group Starts New Training Programme for Youths

Havyard Group AS has this summer started a new training programme where 10 youths will be working alongside Havyard staff for two weeks. This introduction programme has been introduced in order for the youngsters to learn more about the company and the shipbuilding industry. The 10 youths are from t

about 15 years ago
UK: BP, Co-Venturers Approve Kinnoull Field Development in North Sea
Business & Finance

UK: BP, Co-Venturers Approve Kinnoull Field Development in North Sea

On behalf of its co-venturers BP announces an agreement to invest up to £700 million (USD 1.128 billion) to progress a project to develop the Kinnoull reservoir in the central North Sea. Kinnoull is the largest of three reservoirs that are being developed as part of the Andrew Area developments proj

about 15 years ago
Ferguson Group Opening New Offices Worldwide
Business & Finance

Ferguson Group Opening New Offices Worldwide

The Ferguson Group, specialists in the rental of containers, accommodation modules and engineering modules to the offshore energy industry around the world, is expanding its international presence in response to customer demand for its products. Over the coming months, a new base will open in Dubai,

about 15 years ago
Rolls-Royce Gets PSV Design Order from Norwegian Shipbuilder Simek AS
Business & Finance

Rolls-Royce Gets PSV Design Order from Norwegian Shipbuilder Simek AS

Rolls-Royce, the global power systems company, has won an order from Norwegian ship builder Simek AS to design and equip a UT755 LC platform supply vessel. The contract includes a fully integrated Rolls-Royce power and propulsion system including main engines, propellers and tunnel thrusters. Deck m

about 15 years ago
OCTOPUS-DP Capability Forecast Software Exceeds Amarcon’s Expectations (The Netherlands)
Business & Finance

OCTOPUS-DP Capability Forecast Software Exceeds Amarcon’s Expectations (The Netherlands)

In 2010 Amarcon’s OCTOPUS-DP Capability forecast for efficient offshore DP operations was brought to the market. The OCTOPUS-DP functionality gives offshore vessels the possibility to make optimum use of a safe time window for their weather-sensitive operations. The first installation of the OCTOPUS

about 15 years ago
Port Authority of Jamaica Confirms Kingston Plans for New Expansion
Business & Finance

Port Authority of Jamaica Confirms Kingston Plans for New Expansion

Port Authority of Jamaica president Noel Hylton has confirmed to Fairplay that Kingston plans to raise its capacity from 3.2M to 5.2M teu… (caribbeanshipping) [mappress] Source: caribbeanshipping, September 6, 2011;

about 15 years ago
The Netherlands: Interest in OCTOPUS-DP Software Exceeds Expectations, Amarcon Says
Business & Finance

The Netherlands: Interest in OCTOPUS-DP Software Exceeds Expectations, Amarcon Says

In 2010 Amarcon’s OCTOPUS-DP Capability forecast for efficient offshore DP operations was brought to the market. The OCTOPUS-DP functionality gives offshore vessels the possibility to make optimum use of a safe time window for their weather-sensitive operations. The first installation of the OCTOPUS

about 15 years ago
Gazprom Start Pumping Gas into Nord-Stream Pipeline Between Russia and Germany
Business & Finance

Gazprom Start Pumping Gas into Nord-Stream Pipeline Between Russia and Germany

OAO Gazprom will start pumping gas into a $10 billion subsea natural-gas pipeline from Russia to Germany, bypassing Ukraine, where disputes… (Bloomberg) [mappress] Source: Bloomberg, September 06, 2011;

about 15 years ago
The Netherlands: Interest in DP Capability Forecast Software Exceeds Amarcon’s Expectations
Business & Finance

The Netherlands: Interest in DP Capability Forecast Software Exceeds Amarcon’s Expectations

In 2010 Amarcon’s OCTOPUS-DP Capability forecast for efficient offshore DP operations was brought to the market. The OCTOPUS-DP functionality gives offshore vessels the possibility to make optimum use of a safe time window for their weather-sensitive operations. The first installation of the OCTOPUS

about 15 years ago
Rolls-Royce Bags PSV Design Order from Simek AS, Norway
Business & Finance

Rolls-Royce Bags PSV Design Order from Simek AS, Norway

Rolls-Royce, the global power systems company, has won an order from Norwegian ship builder Simek AS to design and equip a UT755 LC platform supply vessel. The contract includes a fully integrated Rolls-Royce power and propulsion system including main engines, propellers and tunnel thrusters. Deck m

about 15 years ago
China Gets ISBA Nod to Carry Out Subsea Mining and Exploration Activities in South-West Indian Ridge
Business & Finance

China Gets ISBA Nod to Carry Out Subsea Mining and Exploration Activities in South-West Indian Ridge

China’s application to carry out deep sea mining and exploration activities in South-West Indian Ocean Ridge has been approved by Internatio… (zeenews) [mappress] Source: zeenews, September 06, 2011;

about 15 years ago
Osaka Gas Eyes Equity Stake in Ichthys Project, Offshore Australia
Business & Finance

Osaka Gas Eyes Equity Stake in Ichthys Project, Offshore Australia

Japan’s second largest city gas utility Osaka Gas is in talks with Inpex for its Ichthys LNG output and an equity stake in the project in… By Takeo Kumagai (Platts) [mappress] Source:Platts ,September 6, 2011;

about 15 years ago
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