The Crown Estate have issued a study highlighting the opportunities that exist for suppliers to address the current gap between anticipated demand and currently available supply of export power cables for offshore wind farms. The study identified that current manufacturing capacity does not meet the
Cove Energy plc, the AIM quoted upstream oil and gas company announces the completion of the divestment of its 16.38% participation interest in the production operations (20.475% participation interest in exploration operations) in the Mnazi Bay Concession, Tanzania to Wentworth Resources Limited. C
The steel cutting ceremony of two state-of-the-art Equinox Class bulk carriers (MD156 & MD161) which are being built for Algoma Central Corporation was recently held at the fabrication workshop of Nantong Mingde Heavy Industries. The Equinox Class design balances hull form, power and speed with opti
Finnish renewable technology developer, Wello Ltd, has successfully installed the Penguin wave energy converter (WEC) to Orkney waters, having chosen Fendercare Marine, part of James Fisher and Sons plc, as one of its key partners for the project. The Penguin wave energy converter is now floating an
ConocoPhillips Skandinavia AS has received consent to use the Maersk Gallant mobile drilling facility to pre-drill production wells on Ekofisk Sør. The consent relates to use of Maersk Gallant to pre-drill production wells on Ekofisk 2/4-Z, which is one of the two facilities included in the developm
For the third year in a row, with the help of the Captain Morgan brand, a team of leading U.S. archaeologists returned to the mouth of the Chagres River in Panama in search of real-life buccaneer Captain Henry Morgan’s lost fleet. “Morgan was one of the most infamous privateers of all time, so for m
Inchcape Shipping Services (ISS), the world’s leading maritime services provider, has expanded its operations into Mauritius, with the acquisition of Belship Co Ltd. Renamed ISS Belship, this opening marks ISS’ first venture in the country and is based in the capital, Port-Louis. Belship Co Ltd was
Chevron Corporation reported earnings of $7.2 billion ($3.66 per share – diluted) for the second quarter 2012, compared with $7.7 billion ($3.85 per share – diluted) in the 2011 second quarter. Sales and other operating revenues in the second quarter 2012 were $60 billion, compared to $67 billion in
Chevron Corporation today reported earnings of $7.2 billion ($3.66 per share – diluted) for the second quarter 2012, compared with $7.7 billion ($3.85 per share – diluted) in the 2011 second quarter. Sales and other operating revenues in the second quarter 2012 were $60 billion, compared to $67 bill
Fairmount Marine’s tug Fairmount Alpine has towed MV Elbcarrier safely into a Guatemalan port after the vessel was drifting off the South-East Mexican isle Cozumel. The container vessel Elbcarrier got into troubles after motor failure. Fairmount Alpine was mobilized from the port of Kingston, Jamaic
Business links between Norfolk and the Netherlands were strengthened during a recent visit to the county by the Dutch Ambassador to the UK. Among topics discussed was a proposal for an EU-funded Knowledge and Innovation Community in Food, strengthening the existing links between the Institute of Foo
Statoil has declared its option for one year extended period for the Time Charter party with Eidesvik Offshore for the environmental friendly LNG powered PSV Viking Queen. The extended period starts primo November 2012. Statoil has further one yearly option on this contract. The Viking Queen is a 60
Fairmount Marine’s multipurpose vessel Fairmount Fuji has assisted a team of specialists of Muanda International Oil Company in a well intervention operation offshore Congo, West-Africa. The Fairmount Fuji was selected for this job due to her spacious aft deck in combination with the accommodation c
MeyGen Ltd. announced the formal submission of consent applications for the MeyGen Phase 1 Tidal Energy Project. The offshore application has been submitted and will be determined by Marine Scotland Licencing Operations Team and the onshore applications are to be determined by The Highland Council.
