IHC Merwede is delighted to announce that alternative fuels have been used in the dredging process for the first time. The company ran a pilot test in which energy derived from hydrogen was the sole source used to power the electrical equipment on board a dredger.
A P Møller-Mærsk has reportedly sold three older container carriers to Mediterranean Shipping Company, MSC, for an undisclosed sum. A P Møller-Mærsk has not made any comments so far. The sold ships are the 1990-built Magleby Mærsk, Marie Mærsk and Majestic Mærsk.
Moonen Shipyards in the Netherlands has announced the order for a brand-new 25.15-metre high-speed aluminium motoryacht. The Moonen 82 Alu will be capable of reaching 25 knots and have an exceptional range for a fast yacht, being able to cruise much further than vessels of an equivalent size and spe
BP announced today that it has entered into an agreement to sell almost all of its exploration and production assets in Pakistan to United Energy Group Limited (UEG). UEG will pay BP a total of $775 million in cash for these assets which consist of nine producing and exploration blocks in Sindh prov
Pride International, Inc. today announced that the company has reached agreement with Samsung Heavy Industries, Ltd. (SHI) for the construction of a fifth ultra-deepwater drillship, further expanding the company’s ultra-deepwater fleet size and drilling capabilities. Consistent with the company’s pr
Vantage Drilling Company announced today a contract award for a drilling program in Southeast Asia consisting of two wells plus an option well. The anticipated duration of the first two wells is fourteen months. The contract is anticipated to commence in the third quarter 2011 utilizing the Topaz Dr
The Obama administration on Monday gave new details about the rules for deep- water drilling, responding to oil companies’ complaints that… By Jennifer Dlouhy (Houston Chronicle) [mappress] Source: Chron ,December 14, 2010;
Allegro Development Corporation, a leading provider of energy trading and risk management (ETRM) software, announced today that National Grid, an international electric and gas company, has selected the Allegro 8 platform to manage its power, natural gas, liquefied natural gas (LNG), natural gas liq
Siem Offshore has entered into an agreement for the sale of the 2007 built PSV ‘Siem Mollie’. PSV ‘Siem Mollie’ of VS 470 mk II design has been sold to an Asian buyer at a price of approx USD 32 million. The vessel is scheduled to be delivered to its new owner within December […]
In 2010 Statoil started production on three new fields, delivered a plan for development and operation (PDO) of two new fields and chose concepts for two of our main improved recovery projects. Statoil’s strategy is to maximise the value on the Norwegian continental shelf (NCS), and its goal is to m
The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) announced early steps in an implementation strategy for the Offshore Helicopter Safety Inquiry Phase I Report Recommendations. The report contains 29 recommendations. The C-NLOPB completed its review and accepts 27 of the 29 rec
The Alliance to Protect Nantucket Sound, the nonprofit group that has spearheaded opposition to the nation’s first offshore wind farm for… (boston) [mappress] Source: boston, December 14, 2010
The amount of built-up mud and silt recently pulled from in front of Mare Island’s dry docks 2 and 3 could fill Vallejo’s Corbus Field up… By Jessica A. York (contracostatimes) [mappress] Source: contracostatimes, December 14, 2010;
Andrew Way, 39, has been named vice president of Services for GE Oil & Gas, a business within GE Energy. In this role, Way will be responsible for leading continued growth of the business’ equipment repair, maintenance, upgrade and remote monitoring, and diagnostics capabilities across all segments
