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Business & Finance

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Operations & MaintenanceResearch & DevelopmentEquipment
UAE: Polarcus to Raise Money for New Vessel through CB Issuance
Business & Finance

UAE: Polarcus to Raise Money for New Vessel through CB Issuance

Polarcus Limited announces that the Company intends to issue USD 125 million in principal amount of Senior Secured Convertible Bonds (the “Bonds”) with a five-year tenure. The purpose of the Bonds is to finance the acquisition and completion of POLARCUS SELMA, an ultra-modern and Arctic-ready 8 stre

about 15 years ago
Statoil Gets Consent to Use Island Wellserver Vessel for Well Intervention Activities on TOGI (Norway)
Business & Finance

Statoil Gets Consent to Use Island Wellserver Vessel for Well Intervention Activities on TOGI (Norway)

Statoil has received consent to use the Island Wellserver mobile facility for well intervention activities on Troll Oseberg Gass Injection (TOGI). In addition to the fields included in previous consents a need has arisen to carry out minor well intervention work on TOGI. The objective of the activit

about 15 years ago
Polarcus Launches Bonds to Finance Completion of ‘Polarcus Selma’ 3D Seismic Vessel (U.A.E)
Business & Finance

Polarcus Launches Bonds to Finance Completion of ‘Polarcus Selma’ 3D Seismic Vessel (U.A.E)

Polarcus Limited announces that the Company intends to issue USD 125 million in principal amount of Senior Secured Convertible Bonds with a five-year tenure. The purpose of the Bonds is to finance the acquisition and completion of POLARCUS SELMA, an ultra-modern and Arctic-ready 8 streamer 3D seismi

about 15 years ago
UK: EnCore Oil Announces Successful Cladhan Appraisal
Business & Finance

UK: EnCore Oil Announces Successful Cladhan Appraisal

EnCore Oil plc to provides an update on the Cladhan appraisal well 210/30a-4 located in UK North Sea Block 210/30a. The appraisal well was drilled as a deviated well to a Total Measured Depth of 12,252 feet and encountered oil bearing Upper Jurassic sandstones in two separate reservoir intervals. No

about 15 years ago
GBI Lands Cable in Qatar to Connect New Purpose-Built Qtel Landing Station
Business & Finance

GBI Lands Cable in Qatar to Connect New Purpose-Built Qtel Landing Station

Gulf Bridge International (GBI), the Middle East’s first privately owned submarine cable operator, and Qtel, one of the region’s leading telecommunications companies, announced the landing of the GBI cable in Qatar, which will connect to the new purpose-built Qtel landing station. This is second of

about 15 years ago
Applanix Launches POS MV™ V5 System for Hydrographic Surveying (Canada)
Business & Finance

Applanix Launches POS MV™ V5 System for Hydrographic Surveying (Canada)

Applanix announced the release of POS MV™ V5 (Position and Orientation System for Marine Vessels), the next generation of its industry leading georeferencing and motion compensation system for hydrographic surveying. The system is available in three performance levels—POS MV WaveMaster, POS MV 320 a

about 15 years ago
Canada: Synthetic-Based Mud Spills on Deck of GSF Grand Banks Rig
Business & Finance

Canada: Synthetic-Based Mud Spills on Deck of GSF Grand Banks Rig

The C-NLOPB is responding to a report from Husky Energy of a release of approximately 4000 litres of synthetic-based mud (SBM) onto the deck of the GSF Grand Banks platform on April 8. Operations were suspended when the incident occurred and clean-up response was initiated. It currently appears that

about 15 years ago
Global Market for Wind Power – A Comprehensive Profile of the Global Wind Power Industry (Ireland)
Business & Finance

Global Market for Wind Power – A Comprehensive Profile of the Global Wind Power Industry (Ireland)

Research and Markets has announced the addition of the “Global Market for Wind Power” report to their offering. With countries around the world trying to cut down on their dependence on fossil fuels, renewable energy sources are finding a market worldwide. Be it solar power or wind power, the last c

about 15 years ago
Statoil Receives Approval from PSA Norway to Use Island Wellserver Vessel on TOGI
Business & Finance

Statoil Receives Approval from PSA Norway to Use Island Wellserver Vessel on TOGI

Statoil has received consent to use the Island Wellserver mobile facility for well intervention activities on Troll Oseberg Gass Injection (TOGI). In addition to the fields included in previous consents a need has arisen to carry out minor well intervention work on TOGI. The objective of the activit

about 15 years ago
Transocean Sets World Record in Water-Depth Drilling in 10,194 Feet of Water (India)
Business & Finance

Transocean Sets World Record in Water-Depth Drilling in 10,194 Feet of Water (India)

Transocean Ltd. announced that the ultra-deepwater drillship Dhirubhai Deepwater KG2 has set what the company believes is a world record for the deepest water depth by an offshore drilling rig of 10,194 feet of water while working for Reliance Industries offshore India. The rig, which is owned by a

about 15 years ago
USA: Tidewater Announces Promotions
Business & Finance

USA: Tidewater Announces Promotions

Tidewater Inc. recently announced the promotions of Nelson Greer, Mark Handin and Darren Vorst to Vice Presidents of Tidewater companies, effective April 1, 2011. Mr. Greer joined Tidewater in 1982, after completing 13 years in the British Merchant Marine. He completed the Harvard Business School Ge

about 15 years ago
India: Transocean Sets New World Record in Deepwater Drilling Depth
Business & Finance

India: Transocean Sets New World Record in Deepwater Drilling Depth

Transocean Ltd. announced that the ultra-deepwater drillship Dhirubhai Deepwater KG2 has set what the company believes is a world record for the deepest water depth by an offshore drilling rig of 10,194 feet of water while working for Reliance Industries offshore India. The rig, which is owned by a

about 15 years ago
Statkraft Purchases 50 pct of Dong Energy’s Offshore Wind Farms Production (Norway)
Business & Finance

Statkraft Purchases 50 pct of Dong Energy’s Offshore Wind Farms Production (Norway)

Statkraft has signed a new Power Purchase Agreement (PPA) with DONG Naturgas A/S worth around £160m. (ecofriendnews) [mappress] Source: ecofriendnews, April 12, 2011

about 15 years ago
Statkraft Purchases 50 pct of Dong Energy’s Offshore Wind Farms Production (Norway)
Business & Finance

Statkraft Purchases 50 pct of Dong Energy’s Offshore Wind Farms Production (Norway)

Statkraft has signed a new Power Purchase Agreement (PPA) with DONG Naturgas A/S worth around £160m. (ecofriendnews) [mappress] Source: ecofriendnews, April 12, 2011

about 15 years ago
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