Massachusetts Institute of Technology (MIT) researchers have developed a new technique for magnetically separating oil and water that could be used to clean up oil spills. They believe that, with their technique, the oil could be recovered for use, offsetting much of the cost of cleanup. The researc
SKF recently announced that it will supply magnetic bearings to two new major gas projects in Australia. SKF’s S2M magnetic bearings will equip the natural gas treatment turbo expanders for the Ichthys Gas Field project and the Prelude first FLNG barge. Vincent Megret, Managing Director, SKF Magneti
Continuing the long history of shipbuilding in Great Yarmouth, Alicat Workboats, based on Southtown Road and part of the Gardline group, formally handed over its latest vessel. This aluminium catamaran was manufactured by a company with a reputation of being one of the best builders of wind farm sup
Dolphin Drilling AS, a subsidiary of Fred. Olsen Energy ASA, has entered into a Letter of Award (LOA) with a Rig Management Norway AS consortium consisting of four oil companies. The LOA is for a 15 well drilling contract with an estimated duration of 3 years for the semi-submersible drilling rig Bo
The Board of Rialto announces the appointment of Mr. Andrew Donald Bartlett as a Non-executive Director of the Company. Mr. Bartlett. 54, has over 30 years of experience in the Oil & Gas Industry. He has a wide range of skills, in both the upstream industry and across finance in M&A, Project and Mez
Fairmount Marine’s tug Fairmount Sherpa has delivered rig Atwood Condor fast and safely in Port of Spain, Trinidad. The semi submersible rig was towed from Port Louis, Mauritius, over a distance of 8,100 nautical miles with an average speed of 8.5 knots. The Atwood Condor is a 2012 Singapore build d
Nexans, a worldwide expert in the cable industry, is launching its new anti-theft cable solutions at InnoTrans – which promises to help network operators reduce the high volume of copper cables theft along their railway networks. The solution comprises two approaches to help combat the predominant t
AET, a leading global owner and operator of a fleet of 82 petroleum tankers, has on 12th September 2012, agreed to enter into a long-term contract with Norwegian energy giant Statoil ASA to operate two specialists DP2-type shuttle tankers. The vessels will be operated through a joint venture company
Fairmount Marine’s tug Fairmount Sherpa has delivered rig Atwood Condor fast and safely in Port of Spain, Trinidad. The semi submersible rig was towed from Port Louis, Mauritius, over a distance of 8,100 nautical miles with an average speed of 8.5 knots. The Atwood Condor is a 2012 Singapore build d
The U.S. Army Corps of Engineers and other agencies deployed a data buoy off the coast of Block Island, Rhode Island, three years ago to gather information on wave action for a Corps study and the scientific instrument has been providing useful information to scientists, mariners and the general pub
The Society of Naval Architects and Marine Engineers (SNAME) will recognize three individuals for their outstanding accomplishments in the marine field and ship research and achievements in naval architecture, marine engineering or ocean engineering. The annually awarded medals will be presented at
Seafox Group sells jack-up units Seafox 3 and Seafox 6 to her client Coastal Energy. Seafox have found a partner in Coastal Energy that requires existing jack-ups in more benign environments as mobile offshore production units (MOPU). This demand fits well with some of their older harsh environment
Norske Shell has been granted consent to use the new subsea loading system for crude oil on the Draugen field. Installation and commissioning of the new subsea loading system is planned during the fourth quarter of 2012. During commissioning of the new system, the existing loading buoy (FLP) will be
Lundin Petroleum AB (Lundin Petroleum) announces that it has commenced the third well in its 2012 Malaysian drilling campaign with the spud of Merawan Batu-1 exploration well in PM308B Block, offshore east coast Peninsula Malaysia. The well will target hydrocarbons in Oligocene aged sands in a fault