Croatian-based shipyard Brodosplit, hosted a keel laying ceremony for the second heavy lift vessel ordered by Jumbo Shipping, a leading Dutch heavy lift company. Construction of this type of vessels is the most complex project ever performed in Croatia. The heavy lift vessels with 152m in length, 27
As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, the Department of the Interior’s Bureau of Ocean Energy Management held Western Gulf of Mexico Lease Sale 229, which offered over 20 millions acres and attracted $133,
After a week of sea trials, Jiangsu Hantong Ship Heavy Industry Co (HTS), on Nov. 20th, completed testing of 57.000 DWT Bulk Carrier (Hull No.:HT095) which was built for Eagle. The vessel met all inspections requirements of the ship owners and the class and was delivered on the same day from the shi
Sunergy, Inc has announced that it has secured an initial deposit on its $500,000 financing proposal for startup of the 2012-2013 Pampana river Dredging and Pilot Plant operation in Sierra Leone and dispatches personnel to commence operations. “We have budgeted $100,000 on operations in Sierra Leone
Scottish Energy Minister, Fergus Ewing MSP, is to address delegates at Oil & Gas UK’s breakfast briefing on the 4th December. The event, sponsored by Endeavour Energy UK, is focussed on the issue of how to improve hydrocarbon recovery from existing assets on the UK continental shelf. The briefing wi
Höegh LNG has signed the USD 250 million Senior Secured Credit Facility for the financing of the FSRU for Lithuania. Reference is made to the stock exchange notice dated 17 August 2012 where Höegh LNG Holdings Ltd. announced that the Company had received commitment letters from four banks for a USD
Shell Offshore Inc.’s (Shell) Olympus hull, the approximately 32,500 metric ton main body of the Olympus TLP, departed from South Korea to begin its two month journey to the U.S. Gulf Coast. After nearly 4 million man hours and a peak of approximately 1,300 workers on-site, construction of the Olymp
Western Marine has inaugurated the construction work of two passenger vessels having the carrying capacity of 750 passengers (each ship) through a keel laying ceremony on the 29th of November 2012 in the shipyard premises located in Patiya. This is the first passenger ship of this capacity that will
Transfer of UK Oil and Gas Assets to new independents could boost investment and production, according to Oil & Gas UK. Noting the sale of a number of BP’s central North Sea oil and gas fields to TAQA today, Mike Tholen, Oil & Gas UK’s economics and commercial director, said: “We warmly welcome the
Bentley Systems, Incorporated, the leading company dedicated to providing comprehensive software solutions for sustaining infrastructure, has announced the release of SACS version 5.5 – software that expands installation capabilities, integrates new wind turbine platform design functionality, and in
A Notice to Mariners has been posted for Rudee Inlet due to serious shoaling conditions. Reported conditions indicate a least depth from 4.5 feet MLLW (mean lower low water), across the inbound channel, starting at the approximate east end of the north jetty, and extending approximately 250 feet. Ma
Kirby Corporation announced on Tuesday that it has entered into an agreement to acquire Penn Maritime Inc. and Maritime Investments LLC, an operator of tank barges and tugboats participating in the coastal transportation of primarily black oil products in the United States. The total value of the tr
UOP LLC, a Honeywell company, announced that its technology has been selected by Petrobras to process natural gas aboard up to eight Floating Production, Storage and Offloading (FPSO) vessels. Honeywell’s UOP Separex™ membrane systems will be installed on the new FPSOs that will operate in the Lula
Statoil Petroleum AS (Statoil) has received consent to use Songa Delta semi-submersible rig for drilling, sidetrack drilling and completion on the Stjerne field. Statoil will use the rig for drilling, sidetrack drilling and completion on the Stjerne field in production licence 104. The Stjerne field
