BHP Billiton today announced the approval of increased capital expenditure for the Esso Australia operated Kipper and Turrum projects in the Gippsland Basin, offshore Victoria. Kipper’s capital expenditure has increased to US$900 million (BHP Billiton share) and the facilities are now forecast to be
Two Wilh. Wilhelmsen companies join forces to provide a more comprehensive portfolio of solutions, equipment and services tailored to the maritime and offshore industries. The newly formed company, Wilhelmsen Technical Solutions, will be a global provider of fully engineered environmental, safety, H
Two Wilh. Wilhelmsen companies join forces to provide a more comprehensive portfolio of solutions, equipment and services tailored to the maritime and offshore industries. The newly formed company, Wilhelmsen Technical Solutions, will be a global provider of fully engineered environmental, safety, H
Miller Petroleum, Inc. dba Miller Energy Resources, announced that Don A. Turkleson has been appointed to its Board of Directors. Mr. Turkleson fills a vacancy on the Board created by the resignation of one of our directors last June. Mr. Turkleson has over 35 years of accounting and financial exper
Swedish utility Vattenfall will start to construct a huge offshore wind farm on an allocated UK North Sea spot after 2015, Chief Executive Oystein Loseth said on Wednesday. “We have this area in the North Sea where there is a possibility to build up to 7,200 megawatts, it’s a huge opportunity. Const
According to China Ministry of Industry and Information technology, China shipbuilding orders completed in 2010 reached a volume of 65.6 million dead weight tons up by 54.6%YoY while the country volume of new ship orders received during the year amounted to 75.23 million dwt up by 2.9 times YoY.
Liquefied natural gas may beat out nuclear and fuel-cell technology as shipping lines look for cleaner and cheaper alternatives to traditional heavy- fuel oil, said Det Norske Veritas. “LNG is the best alternative we have from an environmental and financial point of view,” Remi Eriksen, chief operat
The threat of pirates along the Somali coastline is scaring off cruise ship travellers denying the country potential visitors to continue the tourism sector’s recovery process. In 2010, when the industry showed strong signs of recovering from effects of post-election violence and the economic slowdo
The Whitsunday Regional Council in north Queensland is looking at major projects to reduce beach erosion along the Bowen coastline. Council will this morning decide on the best management plan for areas including Queens Beach, Rose Bay, Horseshoe Bay and Grays Bay.
The river Rhine in central Germany was closed to shipping for a sixth day on Wednesday by a capsized tanker loaded with sulphuric acid and could remain so for another week or more, the inland navigation authority said.
Hong Kong shares ended higher Wednesday, led by Chinese oil companies after the International Energy Agency revised its crude oil demand forecasts and shipping companies after Hutchison Whampoa said it plans to list port assets in Singapore. The blue-chip Hang Seng Index rose 265.64 points, or 1.1%,
Hyundai Heavy Industries, the world’s biggest shipyard, today clinched a USD 1.03 billion (KRW 1.14 trillion) order to build two new … [mappress] January 19, 2011;
Renewable energy has notably penetrated energy markets and provides about 19 per cent of international energy needs in 2009, with a capacity… (emirates247) [mappress] Source: emirates247, January 19, 2011
Bureau Veritas has issued rules for the classification of offshore floating gas units, covering structure design principles, hydrodynamic analysis, design loads, hull girder strength, hull scantlings, local structural improvements, the cargo containment system, stability and subdivision, arrangement
