Petrobras Americas Inc. has awarded Aker Kvaerner a contract to supply subsea power cables and control umbilicals to its Cascade and Chinook fields in the Gulf of Mexico. The contract, worth approximately USD 65 million, represents a significant breakthrough for Aker Kvaerner’s power cable technolog
Eitzen Chemical ASA announced today that it has entered into a heads of agreement to sell its fully owned subsidiary Fouquet Sacop S.A. in France to Sea-Invest N.V. of Belgium.
Under a ceremony at the Keppel Verolme Shipyard yesterday, the FPSO Sevan Hummingbird was named by the godmother Susan Grayson from Venture Production Plc. 100 guests from the shipyard, Venture, Wood Group, clients, shareholders, investors, financiers and other parties were present. The FPSO Sevan H
Parker Drilling Company was recently selected as one of America’s Safest Companies for 2007 by Occupational Hazards magazine. ‘Parker Drilling is honored to be recognized as one of America’s Safest Companies,’ said Robert L. Parker Jr., chairman and chief executive officer of Parker Drilling Company
Seven Mexican oil workers died and several more were missing Wednesday after strong winds led to a crash between two oil platforms in the Gulf of Mexico, authorities said. Jorge Carlos Hurtado
Transocean Inc. Announces Formation of Joint Venture to Own and Operate Two New Ultra-Deepwater Drillships Currently under Construction Transocean Inc. has issued this press release to correct a typographical error in the third paragraph of the press release issued this morning by Transocean. The Oc
The Wärtsilä Fuel Cell Programme yesterday reached a significant milestone in its development of solid oxide fuel cell (SOFC) technology. The first Wärtsilä WFC20 fuel cell, a 20 kWe alpha-prototype, was warmed up for the first time in the Wärtsilä Fuel Cell Laboratory in Espoo, Finland. A small sta
Atlantis will remember the 2007 Genoa International Boat Show as a record-breaker. The best in its history in terms of sales, unanimous approval of the spectacular new stand, a record number of visitors and the official announcement of an important marketing agreement: Atlantis yachts will be distri
Inc. d/b/a BPZ Energy announced today that short term contracts have been finalized and signed with the commercial area of the Peruvian Navy to lease two tankers to transport oil to market earlier than scheduled. The two tankers leased from the Navy each have capacity of approximately 6,000 barrels.
Great Eastern Shipping Company (GE Shipping) announced that the company took delivery of a modem Supramax Dry Bulk carrier. The 52,179 dwt, 2001 built vessel, now named `Jag Ratan` was contracted in July 2007.
The Spanish shipyard Rodman received in Cannes during the World Yacht Trophies 2007 an amazing recognition for the job they did in its new, spectacular range Rodman Muse. The Vigo based shipyard won one of two special awards granted by the Jury, the ‘Development Award’ to the best project for its Ro
An angler believes he has smashed his British record for the biggest common skate caught from shore. Gordon Mackenzie, from Stornoway, has held the record since 1994 with a 169lb (76kg) fish from Breasclete on Lewis.
Following the announcement on Tuesday October 23rd regarding the new ownership situation in Aker Yards ASA, the Board of Directors is currently taking the new information into consideration. Chairman of the Board, Mr Svein Sivertsen states in a comment: ‘We will now gather all relevant information i
South Korean group STX has bought a sizeable stake in shipbuilding group Aker Yards, reports said Tuesday. STX, which also has operations in shipbuilding, has 39 per cent of the shares in Aker Yards.
