Statoil and Rosneft today signed Shareholder and Operating Agreements that will establish joint ventures for the four offshore Russian license areas included in the Cooperation Agreement signed by the two companies on May 5, 2012. The license areas in question are Perseevsky in the Barents Sea and K
For many years the global market for seafarers has suffered from shortage of qualified professionals and, above all, from the lack of fleet officers. Insufficient number of high-level specialists leads to accidents and significant losses for ship owners, ports and other companies acting in the field
Orion Marine Group, Inc., a leading heavy civil marine contractor serving the infrastructure sector, today announced a contract award of approximately $10 million. Orion Marine Group was recently awarded a contract for the construction of a bulkhead at a liquid terminal facility for a private custom
Wintershall, Germany’s largest internationally active crude oil and natural gas producer continues to expand its activities on the Norwegian Continental Shelf. Its aim is to make the Norwegian subsidiary Wintershall Norge one of the leading oil and gas companies in Norway. With this focus on Norway,
In April 2012, the French government awarded the Iberdrola – Eole Res consortium exclusive rights to develop an offshore wind farm in the Saint Brieuc Bay, following tender, off the coast of Brittany in the Côtes d’Armor. The project concerns the development, construction and operation of an offshor
Windreich AG, a leading wind power company in Germany and a pioneer in the offshore industry, welcomed the decision of the Federal Government to regulate the liability for delayed or disrupted grid connections of offshore wind farms. According to the plans of the Federal Government, the law should b
Seatronics will host BlueView U, a comprehensive 3 day hands-on training course from Teledyne BlueView. The course to be held in the National Hyperbaric Centre, Aberdeen, from 18–20th September will provide attendees with: – Practical how-to application info, – BlueView operational details, – Basic
Having designed, manufactured and tested a mid-scale model of wave energy generating unit, Eco Wave Power has successfully proven the concept of producing cheaper electricity from the ocean waves energy. Based on a number of their patented inventions, like “Power Wing” and the “Wave Clapper”, their
In July, Petrobras had an average oil and natural gas production, in Brazil and abroad, of 2,554,263 barrels of oil equivalent per day (boed). The output from Brazilian fields averaged 2,314,871 boed. Total production was 1.12% lower than the previous month. The output from fields located abroad ave
At the beginning of August, MV “Lone” loaded two reels, each of 800 mtons and a diameter of 28.5 m, in Pori, Finland. After a successful loading, MV “Lone” continued her journey to Florø, Norway. In Florø the precious cargo was installed directly onto the pipelay vessel MV “Deep Energy”. Due to the
Seatronics will host BlueView U, a comprehensive 3 day hands-on training course from Teledyne BlueView. The course to be held in the National Hyperbaric Centre, Aberdeen from 18 – 20th September will provide attendees with: – Practical how-to application info – BlueView operational details – Basic s
According to the Blaze, new technology recently deployed by the National Oceanic and Atmospheric Administration could help in forecasting a storm’s strength. NOAA launched a robot called “Alex” a few weeks ago off the coast of Puerto Rico, which takes a variety of measurements as Hurricane Isaac dev
Nido Petroleum Philippines Pty Ltd as Technical Operator of Service Contract 63, on behalf of the SC 63 Joint Venture Partners has announced that the JV has been unable to secure a rig on acceptable commercial terms in order to meet the existing Sub-Phase 2b expiry date. One of the key issues for th
Komatsu America Corp. recently introduced the PC210LC-10 hydraulic excavator. With a net horsepower of 158 hp (118 kW), the PC210LC-10 is powered by a Komatsu SAA6D107E-2 engine and is EPA Tier 4 Interim and EU Stage 3B emissions certified. Built upon a proven Tier 3 engine platform, Komatsu has lev
