A new federal interactive online mapping tool used by emergency responders during the Deepwater Horizon oil spill has been expanded to include the Arctic, and will help address numerous challenges in the Arctic posed by increasing ship traffic and proposed energy development. NOAA and the Department
Based on its recent analysis of the wave energy generation market, Frost & Sullivan recognizes Eco Wave Power with the 2012 European Frost & Sullivan Award for New Product Innovation for developing and implementing an all-round solution for effective energy harvesting from waves. “Driven by the ener
Two Van der Velden® ATLANTIC rudders in combination with Van der Velden COMMANDER™ ram-type steering gear have been installed on board the dredger Ambiorix. Van der Velden Marine Systems will exhibit at the SMM 2012 International Trade Fair in Hamburg. The fair will be held from 4 until 7 September
Island Offshore, leading suppliers of ship-borne marine services to the world offshore industry, has awarded Veripos a further three-year contract for continuing provision of precision GNSS positioning services for 16 DP vessels. This is in addition to another 6 due to begin service in the near futu
Siem Offshore announces that the sale and delivery of the Siem Swordfish was concluded on 31 July in line with the charterer’s purchase option that was exercised in December 2009. The gross sales proceeds is in the equivalent of USD 54 million. The proceeds will be used to repay bank debt and to str
Wintershall Norge AS, operator of production licence 370, has completed drilling of wildcat well 33/6-4. The well is dry. The well was drilled about 25 kilometres northwest of the Statfjord Nord field in the North Sea. The objective of the well was to prove petroleum in reservoir rocks from the Pale
Based in two North East England locations, A&P North East is a company with ship repair and conversion yards on the rivers Tyne and Tees. Part of the A&P Group which also includes A&P Falmouth where ship repair and conversion services have been taking place for more than 150 years, the modern North
The Pacific Fibre board resolved to cease operations, citing an inability to raise the NZ$400m required to fund the cable build. Pacific Fibre launched in March 2010 and planned to build a 13,000km high-speed fibre-optic cable connecting New Zealand and Australia to California. “A 13,000km cable is
Petrobras will earmark US$5.6 billion to increase to 90% the operating efficiency of its mature fields in the Campos Basin Operating Unit (UO-BC) by 2016. First quarter 2012 data show that the operating efficiency index at the fields connected to this unit are currently at about 72%. The information
Four guidelines in a series being produced by the Well Life Cycle Practices Forum (WLCPF) have been published yesterday (31 July ) by Oil & Gas UK to improve cross industry understanding of well-related issues on the UK continental shelf. The guidelines have been developed to share current good indu
SARC and MasterShip Software have joined forces and will be present together at the SMM 2012 exhibition in Hamburg. Now, SARC (design and stability software) and MasterShip (modeling and production software) closely cooperate. This leads to a smooth workflow from concept design to construction model
Eni announces a new giant natural gas discovery in the eastern part of Area 4, offshore Mozambique, at the Mamba North East 2 exploration prospect. This is the fifth exploration well successfully drilled in the area. The new discovery adds at least 10 trillion cubic feet (tcf) of gas in place to Are
The Muskrat Falls development reached a significant milestone yesterday, as the Government of Newfoundland and Labrador announced that formal agreements have been reached between Nalcor Energy and Emera Inc. for the development and transmission of hydroelectric power from Muskrat Falls. The agreemen
Four guidelines in a series being produced by the Well Life Cycle Practices Forum (WLCPF) were published yesterday (31 July ) by Oil & Gas UK to improve cross industry understanding of well-related issues on the UK continental shelf. The guidelines have been developed to share current good industry