IHC Handling Systems, a global supplier of offshore installation and removal equipment, has introduced a new pipe cutter for use in the decommissioning market. Unlike other equipment developed to date, the unique tool is able to be repositioned underwater. This new and advanced piece of equipment ha
IHC Handling Systems, a global supplier of offshore installation and removal equipment, has introduced a new pipe cutter for use in the decommissioning market. Unlike other equipment developed to date, the unique tool is able to be repositioned underwater. This new and advanced piece of equipment ha
NOL Group yesterday announced a joint venture to operate a two-berth container terminal at the Port of Qingdao. The terminal, expected to open in the second half of 2011, will be NOL’s first in mainland China. “Today we’ve taken a significant step to strengthen our presence in China and participate
AMEC, the international engineering and project management company, announced yesterday that John Connolly would succeed Jock Green-Armytage as Chairman. John Connolly is due to retire from his current role as Chief Executive Deloitte UK and Global Chairman of Deloitte Touche Tohamatsu on 31 May 201
General Atomics celebrated a milestone on May 9, with the delivery of the first set of Electromagnetic Aircraft Launch System, or EMALS, production components to Naval Air Systems Command for installation in the new aircraft carrier CVN 78. The shipset consists of thousands of hardware items related
Sartor Offshore has secured a contract 3 year firm + 5 yearly options with Ithaca Energy UK Ltd. Ocean Sprite expected to commence the new contract at Athena field in October 2011, as a field support vessel and ERRV. Ocean Sprite is a Multi Role Offshore Support Vessel (PSV/ Standby/ Rescue). The ve
Sartor Offshore has secured a contract 3 year firm + 5 yearly options with Ithaca Energy UK Ltd. Ocean Sprite expected to commence the new contract at Athena field in October 2011, as a field support vessel and ERRV. Ocean Sprite is a Multi Role Offshore Support Vessel (PSV/ Standby/ Rescue). The ve
Sartor Offshore has secured a contract 3 year firm + 5 yearly options with Ithaca Energy UK Ltd. Ocean Sprite expected to commence the new contract at Athena field in October 2011, as a field support vessel and ERRV. Ocean Sprite is a Multi Role Offshore Support Vessel (PSV/ Standby/ Rescue). The ve
The Statnett group reports a profit after tax of NOK 394 million for the first quarter of 2011, compared to a profit after tax of NOK 840 million for the same period in 2010. The Group’s total operating revenues for the first quarter of 2011 were NOK 1 652 million compared to NOK 2 270 […]
Classification society ABS announces the opening of an office in Stavanger, Norway to further extend its global reach and provide dedicated support to its growing Norwegian client base. Known for its leadership in offshore classification and technology, the society’s Stavanger office will be staffed
FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands, announces that it has signed an assignment agreement and associated documents (together the “Rig Contracts”) with Borders & Southern Petroleum plc. (“B&S”) and Ocean Rig 1
CGGVeritas announced today that it has signed an agreement with PetroVietnam Technical Services Corporation (PTSC) to create a marine joint venture company. The newly established company, PTSC CGGVeritas Geophysical Survey Company Limited, is 51% owned by PTSC and 49% owned by CGGVeritas and will de
CGGVeritas announced that it has signed an agreement with PetroVietnam Technical Services Corporation (PTSC) to create a marine joint venture company. The newly established company, PTSC CGGVeritas Geophysical Survey Company Limited, is 51% owned by PTSC and 49% owned by CGGVeritas and will deliver
Wind Towers Ltd, the joint venture between SSE (Scottish and Southern Energy plc) and Marsh Wind Technology Ltd, the UK subsidiary of Marsh Global Holdings Ltd, has completed the purchase of the Skykon wind turbine tower manufacturing and assembly plant at Machrihanish, Campbeltown, from its Adminis
