April 20, 2010 Rockwell Automation’s EtherNet/IP-based Wind Park Management solution offers a speed of response so fast that not only does it remove the need for millions of euro’s worth of capacitor banks, but it also surpasses the requirements of proposed 2013 utility-end-user requirements
Oil production in Latin American countries outside of the OPEC cartel and Mexico should average 4.66Mb/d in 2010, an increase from the 4.61Mb/d previously forecasted, OPEC said in its April oil market report. Argentine oil supply experienced an upward revision of 10,000b/d due to healthy production
Integrated offshore oilfield services provider Great Offshore on Tuesday reported a marginal growth of 2.38 per cent in net profit to Rs 73.05 crore for the fourth quarter ended March 2010. The company had a net profit of Rs 71.35 crore in the same period of the pre-vious financial year. Total incom
Seadrill today took delivery of the new deepwater semisubmersible drilling rig West Orion from the Jurong Shipyard in Singapore. The unit was delivered on budget and 10 days ahead of original delivery schedule. The drilling rig will leave Singapore tomorrow, en route to its first six-year drilling a
Transocean, the world’s largest offshore drilling contractor, has announced that its shares will begin trading on SIX Swiss Exchange (SIX) under the symbol (RIGN). Transocean’s shares also trade on the New York Stock Exchange under the symbol (RIG). “With our company headquarters located in Switzerl
Transocean Ltd. today reported a fire onboard its semisubmersible drilling rig Deepwater Horizon. The incident occurred April 20, 2010 at approximately 10:00 p.m. central time in the United States Gulf of Mexico. The rig was located approximately 41 miles offshore Louisiana on Mississippi Canyon blo
Mitsubishi Heavy Industries (MHI) has completed a new development related to floating production, storage and offloading units for liquefied natural gas (LNG-FPSO). Mitsubishi has obtained two kinds of approval in principle (AIP) from major international ship classification societies. In tandem with
Tsakos Energy Navigation is reportedly close to signing a contract worth US$620 million for a new ultra-deepwater drillship, to be built at a South Korean yard. The order will be placed on condition that Tsakos firms up a five-year time-charter with a national oil company. The vessel to be ordered w
Oil services company Spectrum said it has started the fourth phase of its seismic programme in the eastern Gulf of Mexico. The statement comes after the USA announced its Gulf of Mexico lease proposals, which called for the exploration and development of new offshore areas including the resource-ric
Aker Solutions has signed a frame agreement with Petrobras to supply 40 subsea trees for the Iara and Guará fields, located… [mappress] Source: Euroinvestor,April 20, 2010;
Flight restrictions affecting Helicopter flights to offshore oil platforms in the UK and Norwegian sectors of the North Sea have been… [mappress] Source: Aberdeenjournal,April 21, 2010;
A New Jersey federal court judge has bluntly rejected what he implied was a “judge shopping” attempt by parties battling over a consolidation of lawsuits targeting the Delaware River deepening project. Judge Joel A. Pisano made the point in denying a compromise that would have merged New Jersey’s ch
Piles of garbage forming small islands in the East Flood Canal (KBT) have drawn serious attention from Jakarta capital city government. To overcome that problem, the government has given direct instructions to East and North Jakarta Mayors as well as local heads of urban villages to immediately remo
Coordination of feasibility study of the project of construction of new Baku International Sea Trade Port Complex to be located in Alat settlement in 40 km south of Baku has been finished. The Azerbaijani government says that readiness of technical documentation enables to begin works on port constr