SINGAPORE (1 July 2008) – On behalf of Tideway, its subsidiary for offshore oil and gas activities, Dredging, Environmental and Marine Engineering (DEME) group has ordered a new 19,000 tonnes carrying capacity fallpipe vessel. The vessel will be class DP II and fully equipped with a highly sophistic
Subsea specialist MCS has landed a contract from Acergy to carry out work on Marathon’s Volund field offshore Norway. MCS will perform detailed upheaval buckling analysis of a water injection flowline in the Volund Field at a depth of 120 metres. MCS said the project involves analysing a 12km water
SCAN Geophysical said it saw revenues of NOK 137.5 million in the second quarter this year. The seismic specialist made a net profit of NOK 6 million in the period, up from NOK 2 million in the same period in 2007. SCAN said it had seen a strong contribution from its two vessles in production, [&hel
Antrim Energy is eagerly anticipating the results of the latest appraisal well 21/28a-10z, which has just been completed on the Fyne Field in the UK Central North Sea. Results of the well, which is a sidetrack from the 21/28a-10 well, which encountered 32ft net 32 ft of net oil pay, are expected in
With three months to the start of the Vendee Globe, Mike Golding and Ecover 3 are looking forward to a two-boat testing period with Aviva and Dee Caffari. After a successful Artemis Challenge Race round the Isle of Wight this week, Mike Golding and the team are beginning a critical period in the dev
RACING Lasers and Laser Radials have their first day on the race course today in another day that looks set to be light and shifty. Their race course is the closest to the shore and with large towering cumulus developing over the city, expect the breeze to be variable in strength and direction. The
Renewable Energy Generation (REG) has been given the green light to raise capacity at its Goonhilly Downs wind farm on the Lizard Peninsular in Cornwall, UK to 15MW. The wind farm will be powered up from its current 5.6MW by replacing all of the existing turbines with more modern equipment. REG says
A new partner has agreed to join the Irish licence covering the Spanish Point prospect in the Porcupine Basin off the west coast of Ireland which could see two new wells drilled in the future. Prospect partners Providence Resources and Sosina Exploration have agreed the deal with privately-owned Chr
Norway’s Spring Energy has agreed a new loan to finance its forward exploration plans. The NOK 400 m (US $78 m) facility secured through Skandinaviska Enskilda Banken AB will be used to assist the company in its exploration and appraisal work on the NCS between now and 2010, Spring indicated. Also t
Awilco Offshore has received a Letter of Intent for the use of its WilForce jack-up drilling rig for operations offshore Libya. The US $36.5 million deal would see the rig drilling two firm wells with the option for one further well. The firm period of the contract is 180 days. Operations are schedu
The Interim Report for Q2, 2008, will be presented and questions answered. Attending: Hans Norén, President Göran Hermansson, Financial Manager Phone: +44 (0)20 7162 0025 or +46 (0)8 5052 0110 Conference title: Concordia Maritime Recorded conference is available until 20 August 2008. Phone +44 (0)20
Driving rain and a bracing Force 5 deterred many competitors from the race track on the final day of Skandia Cowes Week but the 14 remaining unclaimed trophies found worthy winners as class warfare continued to the bitter end. Conditions in the Solent were positively wintry as gusts reached 30 knots
RACING The Finns and Ynglings are out for their second day but on a different race course, further out to sea. With tide playing such a big part of yesterday’s race and light winds forecast again, those less used to the conditions and race course areas will be facing another steep learning curve. Ex
Staying in the chocolates in the overall standings is all about keeping your nose clean and putting in a good top five result. Today was clear proof of this on both courses. In the 49er class, posting a 4th, 3rd and a 5th was sufficient to put the British pair Morrison and Rhodes into the […]
