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Business & Finance

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EquipmentProject & Tenders
The Netherlands: Vroon Takes Delivery of VOS Venturer Vessel
Business & Finance

The Netherlands: Vroon Takes Delivery of VOS Venturer Vessel

Vroon announces that yesterday, Thursday 10 February 2011, Vroon took delivery of VOS Venturer. The VOS Venturer is a field-support vessel, built at the Astilleros Zamakona Shipyard, Pasaia. The vessel is the newest addition to Vroon’s growing fleet of modern vessels providing a range of emergency r

about 15 years ago
Great Yarmouth Port Grabs Piece of Renewable Boom (UK)
Business & Finance

Great Yarmouth Port Grabs Piece of Renewable Boom (UK)

Great Yarmouth port has been successful in snaring a proportion of the UKs alternative energy market since a wind farm foundation… (portstrategy) [mappress] Source: portstrategy, February 11, 2011

about 15 years ago
Ulstein Bags Major Contract for Offshore Vessel Delivery (Norway)
Business & Finance

Ulstein Bags Major Contract for Offshore Vessel Delivery (Norway)

ULSTEIN has signed a contract for delivering an offshore IMR/ construction vessel of the ULSTEIN SX148 design to Eidesvik Offshore. Working closely with Eidesvik Offshore and their partner Subsea 7, ULSTEIN won the contract against stiff competition from several other players. “We are very happy tha

about 15 years ago
Norway: Subsea 7 S.A. Wins 5-year $260 million Contract from Statoil ASA
Business & Finance

Norway: Subsea 7 S.A. Wins 5-year $260 million Contract from Statoil ASA

Subsea 7 S.A. announced the award of a five year Frame Agreement Contract, plus two 1 year options by Statoil ASA. The contract will cover provision of a dedicated vessel on full time basis, and associated project management and engineering support, for ROV based inspection, maintenance, and repair

about 15 years ago
Australia: MEC Resources Provides Update on Offshore Sydney Basin
Business & Finance

Australia: MEC Resources Provides Update on Offshore Sydney Basin

MEC Resources provides the following update from its investee company Advent Energy Ltd (Advent) regarding the present status of its operations. PEP11, Offshore Sydney Basin (Advent 85% through wholly owned subsidiary Asset Energy Pty Ltd, pending formal transfer from Joint Venture partner Bounty Oi

about 15 years ago
USA: Apache Elects Chansoo Joung, Scott Josey to Board of Directors
Business & Finance

USA: Apache Elects Chansoo Joung, Scott Josey to Board of Directors

Apache Corporation today announced the election of Chansoo Joung , a senior advisor at Warburg Pincus LLC , and Scott Josey , former chairman and chief executive officer of Mariner Energy, to its board of directors. Joung, who joined Warburg Pincus in 2005, provides advice on new and existing invest

about 15 years ago
Gamesa, Northrop Grumman Shipbuilding Launch Offshore Wind Technology Center (USA)
Business & Finance

Gamesa, Northrop Grumman Shipbuilding Launch Offshore Wind Technology Center (USA)

Gamesa Technology Corp., a global wind energy leader, and the shipbuilding operations of Northrop Grumman Corp., America’s largest shipbuilder, today launched the Offshore Wind Technology Center to jointly develop the next generation of offshore wind systems that will be deployed in the United State

about 15 years ago
Norway: Well Incident Detected on Deepsea Atlantic Exploration Rig
Business & Finance

Norway: Well Incident Detected on Deepsea Atlantic Exploration Rig

At 03.25 on Thursday morning a well incident was detected on the exploration rig Deepsea Atlantic. The incident was reported to the Petroleum Safety Authority Norway. Statoil will closely examine the incident and is dispatching its own personnel, and personnel from drilling operator Odfjell Drilling

about 15 years ago
Italy: Saipem’s Net Profit Hits Record High, Euro 844 million
Business & Finance

Italy: Saipem’s Net Profit Hits Record High, Euro 844 million

Today, the Board of Directors of Saipem S.p.A. reviewed the Saipem Group preliminary consolidated results at December 31, 2010 (not yet submitted to the Company Statutory Auditors and Independent Auditors), which have been prepared in compliance with the International Financial Reporting Standards (

about 15 years ago
UK: North Sea Platform Run by BG Group Evacuated After Gas Leak
Business & Finance

UK: North Sea Platform Run by BG Group Evacuated After Gas Leak

Nearly 40 oil workers have been taken off a North Sea platform. Two helicopters evacuated 38 non-essential staff from the North Everest … By Ryan Crighton(ThePress&Journal) [mappress] Source:Pressandjournal, February 10, 2011;

about 15 years ago
Australia: Gorgon Project Safety Under Fire After Near Sinking off Barrow Island
Business & Finance

Australia: Gorgon Project Safety Under Fire After Near Sinking off Barrow Island

Unions are up in arms after yet another safety incident on the $43billion dollar Gorgon project, which could well have ended in tragedy. On Sunday, February 6, the multi-cat vessel Boskalis BKM 102 was working on the Gorgon Project off Barrow Island at 9.30pm when it ran over the dredge anchor, ripp

about 15 years ago
Norway: Remora HiLoad DP Completes Final Sea Trials with KONGSBERG DP in Control
Business & Finance

Norway: Remora HiLoad DP Completes Final Sea Trials with KONGSBERG DP in Control

The 27th January 2011 was a milestone in the development of the unique Remora HiLoad DP as it completed its final sea trials before live field implementation. HiLoad is a revolutionary deepwater offshore loading terminal, made possible by innovative vessel design and the use of a cutting-edge Kongsb

about 15 years ago
UK: Awilco Drilling Signs MOU with SPD for the Provision of WilHunter Semi-submersible Rig
Business & Finance

UK: Awilco Drilling Signs MOU with SPD for the Provision of WilHunter Semi-submersible Rig

Awilco Drilling Limited has entered into a Memorandum of Understanding (MOU) with SPD Limited for the semi-submersible drilling rig, WilHunter. The MOU is for 1 firm and 6 optional wells in the UK . Awilco Drilling also confirms that it has signed a Letter of Intent (LOI) with Nautical Petroleum PLC

about 15 years ago
USA: Noble Energy Reports Strong 4Q and Full Year 2010 Results
Business & Finance

USA: Noble Energy Reports Strong 4Q and Full Year 2010 Results

Noble Energy, Inc. reported today fourth quarter 2010 net income of $52 million, or $0.29 per share diluted, on revenues of $783 million. Included in net income for the quarter were a few items which are typically not considered by analysts in published estimates. Excluding the impact of these items

about 15 years ago
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