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Business & Finance

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Equipment
Vestas Signs Deal for Floating Wind Turbines (Denmark)
Business & Finance

Vestas Signs Deal for Floating Wind Turbines (Denmark)

Vestas, the global leader in wind technology, has signed an agreement with WindPlus for the deployment of the first offshore project worldwide integrating a wind turbine with a full-scale semi-submersible floating structure. This is the first time this floating platform technology is being used. Win

about 15 years ago
Bahamas’ Seismic Survey Shows Very Promising Results
Business & Finance

Bahamas’ Seismic Survey Shows Very Promising Results

Bahamas Petroleum, the oil and gas exploration company with licenses in The Bahamas, announce the posting on its website of two recently completed, independent consultant studies by Dr. Mark Rowan of Rowan Consulting Inc (Jan 2011) and Mr. Ozanisch of Lago Petroleum Consulting (Feb 2011). Those docu

about 15 years ago
Sri Lanka to Offer Offshore Blocks to ONGC
Business & Finance

Sri Lanka to Offer Offshore Blocks to ONGC

The Sri Lankan government is willing to award three hydrocarbon blocks in its northern offshore area to India’s ONGC Videsh Ltd (OVL) on … Source: Livemint [mappress] Source:Livemint, February 18, 2011;

about 15 years ago
Norway: Joint Naming Ceremony for Rem Hrist and Rem Mist ,Ulstein Design Vessels
Business & Finance

Norway: Joint Naming Ceremony for Rem Hrist and Rem Mist ,Ulstein Design Vessels

The twin vessels Rem Hrist and Rem Mist have kept together ever since their keel laying at 1 September 2009. Today, they will be named in a joint ceremony. Yard number 288 Rem Hrist has just completed her test trials, and captain Ole Petter Nygjerde at Remøy Shipping finds the ship very promising: “

about 15 years ago
Ireland: Providence Provides Update on North Cetic Sea Oil Resources
Business & Finance

Ireland: Providence Provides Update on North Cetic Sea Oil Resources

Providence Resources Plc, the AIM and ESM listed exploration, development and production company, notes the announcement made this morning by Lansdowne Oil & Gas plc (AIM: LOGP) (RNS Number 4554B, 18 February 2011) concerning the completion of an updated Competent Persons Report (CPR) on its assets

about 15 years ago
Odfjell Drilling Opens Brazil Office
Business & Finance

Odfjell Drilling Opens Brazil Office

Norwegian Minister of Trade and Industry Trond Giske opened Odfjell Drilling’s new office in Rio de Janeiro today. “We see Brazil as a particularly important market and wish to become a player in the Brazilian deepwater market in the years ahead,” says Odfjell CEO Simen Lieungh. “Brazil’s vast oil a

about 15 years ago
USA: Schlumberger Hosts 2011 Investor Conference on February 22 and 23
Business & Finance

USA: Schlumberger Hosts 2011 Investor Conference on February 22 and 23

Schlumberger Limited announced today that it is hosting its 2011 Investor Conference in Cambridge, Massachusetts, on February 22 and 23, 2011. Executive management presentations will be available through the company’s Web site at www.slb.com/irwebcast. A transcript of the event’s Q&A session will be

about 15 years ago
Brazil: Petrobras’ Cherne Platform Resumes Production
Business & Finance

Brazil: Petrobras’ Cherne Platform Resumes Production

Petrobras announces that all arrangements have already been made for platform Cherne 2 (PCH2) to resume its operations. Production resumption was authorized today (02/17). Permission was granted after the issuing of a report based on the inspection that was carried out last February 14 by Rio de Jan

about 15 years ago
UK: Crowcon Xgard IR Gas Detector Now Approved to Amendment of MED
Business & Finance

UK: Crowcon Xgard IR Gas Detector Now Approved to Amendment of MED

Crowcon’s Xgard IR infrared (IR) gas detector is now approved to the latest amendment of the Marine Equipment Directive (MED, 96/98/EC). This means the low cost detector can be used to detect flammable gases and vapour hazards on tankers, drilling ships, FPSOs, dive vessels, coastguard vessels, ferr

about 15 years ago
Singapore: Otto Marine Reports 36% Revenue Growth in 2010
Business & Finance

Singapore: Otto Marine Reports 36% Revenue Growth in 2010

Otto Marine Limited, (“Otto Marine” or the “Group”), a leading offshore marine company which specializes in building complex offshore support vessels, ship chartering and offers specialized offshore services, today reported its financial results for the twelve/ three months ended 31 December 2010 (“

about 15 years ago
McDermott Appoints Mary Shafer-Malicki to Board of Directors (USA)
Business & Finance

McDermott Appoints Mary Shafer-Malicki to Board of Directors (USA)

McDermott International, Inc. announced that Mary Shafer-Malicki has been appointed to McDermott’s Board of Directors. Ms. Shafer-Malicki will also serve the Company on its Finance and Compensation committees. Ms. Shafer-Malicki retired from BP p.l.c. in 2009 following over 25 years of service with

about 15 years ago
“Deepwater Horizon: An American Tragedy” (by PSA Norway)
Business & Finance

“Deepwater Horizon: An American Tragedy” (by PSA Norway)

The global oil and gas industry has been responsible for several disasters over the past decade, but few have heard of them. When Deepwater Horizon exploded in the Gulf of Mexico, safety in this business became a worldwide issue. Some of the incidents which rocked the industry in recent years are kn

about 15 years ago
Workers at Terra Nova Offshore Field Reject Contact Offer (Canada)
Business & Finance

Workers at Terra Nova Offshore Field Reject Contact Offer (Canada)

Offshore workers at the Terra Nova oil platform east of Newfoundland have voted to reject a contract offer. Source: CBCNews [mappress] Source:CBCNews, February 18, 2011;

about 15 years ago
McDermott Welcomes New Member to its Board of Directors (USA)
Business & Finance

McDermott Welcomes New Member to its Board of Directors (USA)

McDermott International, Inc. announced today that Mary Shafer-Malicki has been appointed to McDermott’s Board of Directors, effective February 17, 2011. Ms. Shafer-Malicki will also serve the Company on its Finance and Compensation committees. Ms. Shafer-Malicki retired from BP p.l.c. in 2009 follo

about 15 years ago
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