The construction of the London Array offshore wind farm has not brought much profit to British businesses, as about 90% of the GBP 1.5 billion spent in it went to foreign companies. The Guardian cites Chris Randle, the project manager from Siemens, as saying: “I would like nothing better than to be
The International Chamber of Shipping (ICS), whose member national shipowners’ associations represent more than 80% of the world merchant fleet, has expressed disappointment and concern at a decision by the International Maritime Organization (IMO) to reject its call to accelerate a critical study i
Scottish Energy Minister, Fergus Ewing, is to urge subsea companies to exploit Brazilian opportunities at an inaugural “Maximising Our Future” business seminar being held in Aberdeen next week (October 9). With around 2.5 million recoverable barrels per day projected by 2015 and subsea Capex worth a
Premier Sean Chen yesterday directed the Ministry of Transportation and Communications (MOTC) to work with Taiwan International Ports Corporation (TIPC) in implementing a five-year plan to renovate commercial ports and harbors and coordinate cross-ministry efforts to contribute to this program. The
Apply Nemo AS (AN), the subsea unit in Apply, has been awarded a contract with Det norske oljeselskapet ASA for the delivery of thirteen remote controlled tie-ins, up to 14”, for installation on the Edward Grieg and Ivar Aasen jackets. The contract value is approximately 60 mNOK, and the equipment d
Danish marine technology company MacArtney has developed a wet-mate connector, which is a new way to connect and disconnect power. The wet-mate connector is a 1kV device that enables two power cables to be linked together underwater. According to Social.tidaltoday.com, the project was successfully d
Apply Nemo AS (AN), the subsea unit in Apply, has been awarded a contract with Det norske oljeselskapet ASA for the delivery of thirteen remote controlled tie-ins, up to 14”, for installation on the Edward Grieg and Ivar Aasen jackets. The contract value is approximately 60 mNOK, and the equipment d
Hull and East Riding councils are preparing to use the advantages that the Siemens’ planned Green Port Hull turbine assembly factory would bring. Namely, the two councils are set to organize a programme worth GBP 25.7 million for jobs and investment, as they expect confirmation of the project plans
Cargill, one of the world’s leading international transporters, and UNIPEC UK Company Ltd, trader of crude oil and oil products, announced today that they will only charter the more efficient vessels operating in the shipping market. This commitment is the first of its kind in the industry to reduce
LNG tanker ‘Ob River’ chartered by Gazprom Marketing & Trading group and operated by Dynagas (Greece) will carry out the world’s first LNG vessel passage through the Northern Sea Route (NSR) this month. ‘Ob River’ discharged her LNG cargo in Japan and replenished bunkers and provisions in South Kore
A Gazprom delegation led by Alexey Miller, Chairman of the Gazprom Management Committee visited the Republic of Kazakhstan. A working meeting between Alexey Miller and Nursultan Nazarbaev, President of the Republic of Kazakhstan took place during the visit. The parties discussed prospects for bilate
New hydrokinetic energy technologies that generate electricity by harnessing the energy from ocean waves, tides, and river currents are advancing toward commercial development in the United States. They are not expected to add major power supplies anytime soon, but federal regulators this year appro
Mitsubishi Heavy Industries, Ltd. (MHI) has installed its innovative “Mitsubishi Air Lubrication System” (MALS) for the first time on a ferry – a ship with a slender hull form – and confirmed over 5% improvement in fuel consumption. MALS is MHI’s proprietary technology that reduces frictional resist
Statoil and its partners have entered into contracts for use of the Bideford Dolphin, Stena Don and Scarabeo 5 rigs on the Norwegian continental shelf. The contracts have a total value of NOK 9,17 billion (USD 1.6 billion), excluding potential options. The rigs will be used for production drilling f