Through its subsidiary TTS Energy AS, TTS Group ASA’s Energy division has signed a contract worth approximately NOK 39 million(USD 7.1 million) The contract is with Ulstein Verft AS in Norway and concerns delivery of a crane. The delivery will take place in August 2012. TTS Energy delivers high perf
Ulstein Group did well in 2010 with NOK 2.4 billion (USD 438 million)in operating income and an operating profit of NOK 354 million (USD 64.6 million). ”We have a solid organisation of competent employees with a strong focus on delivery precision. Through good project management, we have achieved th
The U.S. House passed its version of the fiscal year 2012 defense authorization bill on Thursday, keeping intact all major shipbuilding … By Peter Frost (dailypress) [mappress] Source: dailypress , May 27, 2011;
It is reported that Subsea 7 has awarded TATA Steel contracts valued at around USD 32 million to provide 43 kilometers of pipe for three Nor… (steelguru) [mappress] Source: steelguru,May 27, 2011;
Leading oil and gas industry body, the Intervention & Coiled Tubing Association (ICoTA) European Chapter is set to host a one-day seminar of technical presentations from coiled tubing and well intervention specialists in Norway. Among the nine companies exhibiting at the event, Red Spider Technology
NYK and OOCL are pleased to announce that they have entered into an agreement for the charter of four 13,000 TEU ships. OOCL has exercised its option to order an additional four 13,000 TEU ships on top of the original order of six. Out of the ten ships, four will be chartered to NYK for […]
Shell Australia chair Ann Pickard says an emissions trading scheme would be a more effective way to reduce carbon emissions than the governm… (brisbanetimes) [mappress] Source: brisbanetimes, May 27, 2011;
Even as the Hernando County Commission was meeting Thursday with representatives of firms seeking to manage the troubled Hernando Beach Chan… By Barbara Behrendt (tampabay) [mappress] Source: tampabay, May 27, 2011;
Russia will soon begin the final sea trials of the first strategic nuclear-powered fourth generation submarine, the Yuri Dolgoruki, a media… (brahmand) [mappress] Source: brahmand, May 26, 2011;
A major dredging operation is underway at the Port of Tyne to deepen the river to accommodate even bigger ships at the Port’s base at Rivers… (BDaily) [mappress] Source: BDaily, May 27, 2011;
Zurich (Switzerland) hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Dusan Bajatovic, Chief Executive Officer of Srbijagas. A detailed action plan was signed to implement South Stream in Serbia. Alexey Miller and Dusan Bajatovic discussed the Ba
Sime Darby Engineering Sdn Bhd has entered into two separate non-binding memoranda of understanding (MOUs) for the proposed disposal of its assets in the Oil & Gas business unit with Petroliam Nasional Bhd (Petronas) and Malaysia Marine and Heavy Engineering Holdings Bhd (MHB). The MOUs, signed this
As a result of dredging activities the berth №2 of Kulevi Oil Terminal of the State Oil Company of Azerbaijan (SOCAR) has started to accept… (trend) [mappress] Source: trend, May 27, 2011;
If measured by the number of ships produced and the number of vessel orders received, China is the world’s leading shipbuilder. However … (marine-news-china) [mappress] Source: marine-news-china, May 27, 2011