Polarcus signs Letter of Intent for 3D vessel
Polarcus Limited has today signed a conditional Letter of Intent with TGS-NOPEC Geophysical Company ASA (TGS) for the charter of the 12 streamer 3D seismic vessel Polarcus Nadia for approximately 3 months commencing in December 2009. The Letter of Intent further includes a right of first refusal for TGS to …
The Board of Oslo Bors resolved to admit shares in Polarcus Limited to listing on Oslo Axess
Polarcus Limited is pleased to announce that the Board of Oslo Bors today resolved to admit shares in Polarcus Limited for listing on Oslo Axess. Before the first day of trading Polarcus Limited must: fulfil the requirement for at least 100 shareholders holding round lot shareholders, as specified in the …
Polarcus successful in completion of Initial Public Offering
Polarcus Limited (“Polarcus” or the “Company”) has successfully completed its Initial Public Offering. The Board of Directors of Polarcus has on Sunday 27 September 2009 resolved to issue 161,388,889 new shares at a price of NOK 4.50. In addition 24,208,111 shares were allotted under the over-allotment facility granted by the …
KIOGE 2009: Expanding Oil and Gas Partnerships
On 6-9 October, Almaty will host the 17th Kazakhstan International Oil and Gas Exhibition and Conference KIOGE 2009. KIOGE is the country’s leading industry event in the oil and gas sector. In his welcome letter to KIOGE participants, Sauat Mynbayev, Kazakhstan’s Minister of Energy and Mineral Resources, said. “The exhibition …
FURUNO’s new VSAT antenna to be launched in the first quarter of 2010
through technical collaboration between FURUNO ELECTRIC CO., LTD. and Mitsubishi Electric Corporation FURUNO ELECTRIC CO., LTD. is pleased to announce that its new, high-performance Ku-band VSAT antenna for satellite-based maritime broadband communications will be introduced to the market in the first quarter of 2010. This development is brought about through …
Russian Petroleum Industry Popular Web-Forum
A networking website, designed by Heriot-Watt Petroleum Learning Centre at Tomsk Polytechnical University graduates to make personal connections, has developing into a popular forum for Oil & Gas Industry professionals. The idea of website to save links between Heriot-Watt Centre graduates in Russia originally was implemented guestbook by Gennadiy Fedorchenko …
Weatherford International – New Regional Head
Weatherford International Ltd. announces the top management reshuffling. Mikhail Osipov has been appointed to the position of Regional Vice President Russia and FSU. Kamil Zakirov who held this post before has left the Company. “Weatherford is an actively developing company and associates with intelligence, new technologies, state-of-the-art equipment, training centers …
ABS Classes First Ice-Class FSO For Caspian Region
he first ice-class floating storage and offloading system (FSO) to be completed at a Caspian Sea shipyard and deployed for service in the Caspian Sea is to be issued ABS classification. The Yuri Korchagin is set to be towed out of Baku for installation, hook-up and commissioning this week. It …
ROGTEC Exhibits Latest Issue Alongside Local and International Companies at Russia’s Premier Offshore Event
This week saw the start of the RAO / CIS Offshore exhibition & conference in St Petersburg. The event kicked off with a great opening ceremony that saw a huge welcome ceremony for exhibitors, conference speakers and visitors to Russia’s premier offshore event. There was a certain buzz around the …
During the summer a new comprehensive manual, Technical Guideline, within Marine and Offshore has been produced.
Through the years Rockwool Marine and Offshore has received many questions from customers regarding different insulation issues within marine and offshore. This brought on the idea to make these answers available to more people than only those asking. The manual offers information on the marine and offshore constructions and technical …