Centrica expects to deliver year on year earnings growth in 2012 in line with market expectations, subject to the usual variables of weather and commodity prices, in a continuing weak economic environment. Average UK residential gas consumption for the first ten months of 2012 was 9% higher than for
Dril-Quip, Inc. announced today that Terence B. Jupp has been appointed to its Board of Directors upon the recommendation of its Nominating, Governance and Compensation Committee. Jupp, 53, has been Chief Operating Officer of CASA Exploration, a recently formed oil and gas exploration company, since
A subsidiary of Seadrill has entered into an agreement with Songa Offshore to acquire the ultra-deepwater semi-submersible rig Songa Eclipse for a consideration of US$590 million. The rig was delivered from the Jurong Shipyard in Singapore in 2011, and is currently operating for Total offshore Angol
Scotrenewables Tidal Power Limited, founded and based in Stromness, was this week awarded an ‘Agreement for Lease’ from the Crown Estate for a commercial tidal energy demonstrator project to be located at Lashy Sound between the islands of Eday and Sanday in Orkney. The award from Crown Estate, the
KOTUG´s new build RotorTug RT Ambition today arrived in Bremerhaven. The tug left ASL Singapore Shipyard on September 22th 2012 and sailed under own power. RT Ambition has a length of 32 m, a width of 12 m, 6.456 BHP and a bollard pull of 84 tons. Due to her three propulsion units, which independent
ViaLogy PLC announces it has initiated work on a North Sea project for one of the largest geosciences companies. In developed fields such as the North Sea the challenge of locating additional deposits is a well-known impediment to continued economic production. Yet exploitable reserves remain if the
Capital Product Partners L.P. on Wednesday announced that Capital Maritime & Trading Corp. (‘CMTC’) has exercised its option to extend the time charter employment of each of the M/T ‘Aias’ and the M/T ‘Amoureux’ for a second year at an increased gross day rate of $24,000. In particular, the extensio
Minister for Finance and Treasury of Solomon Islands Rick Hou has signed a financing agreement with Asian Development Bank (ADB) and a project agreement with Solomons Oceanic Cable Company (SOC) for the submarine cable project development. The submarine cable project, which is planned to connect the
Metocean Services International (MSI) recently completed a real-time current measurement programme for CGGVeritas to support seismic operations offshore Ivory Coast. The system was installed on the support vessel Tanux-1, and provided real-time current profile data both on the Tanux-1, as well as vi
Norwegian Energy Company ASA (Noreco) provides the following update on its operational activities. The FPSO Voyageur Spirit has been on location at the Huntington field in the UK North Sea since 3 October 2012. Hook-up of risers, and completion and commissioning of the FPSO is now taking place. The
Costain has joined Oil & Gas UK as part of a continuous commitment to develop its upstream oil and gas business. Oil & Gas UK is the leading representative body of the UK offshore oil and gas industry with membership including ‘super-major’ oil companies and some of the largest engineering contracto
Metocean Services International (MSI) recently completed a real-time current measurement programme for CGGVeritas to support seismic operations offshore Ivory Coast. The system was installed on the support vessel Tanux-1, and provided real-time current profile data both on the Tanux-1, as well as vi
International marine engineering company SeaRoc has announced the opening of a further office in Scotland to support the country’s growing offshore wind farm and marine renewables industries. Located in Dundee, the new office opened on November 12th and houses a number of marine engineering experts,
Japanese classification society ClassNK announced the release of the latest amendments to the ClassNK Rules. ClassNK constantly reevaluates its Rules and Guidance for the Survey and Construction of Steel Ships in order to incorporate the latest R & D results and feedback from damage investigations,
