Taiwanese companies from various industries are set to search for profit in renewables market, after the government’s decision to fund construction of 600 large offshore wind turbines. Around 50 local companies formed the Taiwan Wind Turbine Industry Association (TWTIA) this April, with the purpose
Taiwanese companies from various industries are set to search for profit in renewables market, after the government’s decision to fund construction of 600 large offshore wind turbines. Around 50 local companies formed the Taiwan Wind Turbine Industry Association (TWTIA) this April, with the purpose
Schlumberger Limited announced that it has completed the sale of its Wilson distribution business to National Oilwell Varco, Inc. Additionally, Schlumberger has committed to divest the remaining portion of its distribution business by agreeing to support NOV’s previously announced proposed acquisiti
ATP Oil & Gas Corporation today announced that it has resumed recompletion operations at the Mississippi Canyon (MC) 941 A-2 well at the company’s Telemark Hub. The recompletion was suspended while the company recovered a piece of tubing that was stuck in the casing. All of the tubing has now been r
Endeavour International Corporation yesterday announced that it had completed the acquisition of the additional 23.43% working interest in the Alba field from ConocoPhillips. The Alba oil field, located in Block 16/26a, in the Central North Sea is a late Eocene reservoir that has been producing sinc
Robert Allan Ltd of Vancouver, B.C., and Rotortug (KST) B.V. of Rotterdam, Netherlands announced the initiation of a new strategic alliance for the future development of the Rotor® Tug concept. Under this Agreement Robert Allan Ltd will now act as the exclusive designer for all Rotor® Tugs. The Agre
Rialto has commenced a sidetrack (the Gazelle-P3 ST2 well) to optimise the recently drilled Gazelle-P3 ST well in order to underpin the oil and gas development of the Gazelle Field. Following planned testing in the Upper Cenomanian-1 reservoir (UC-1), the Gazelle-P3 ST2 well is intended to be suspen
Møksters increases its focus on the subsea market by ordering a new build special designed for ROV work, survey, diving and light construction work. In addition, the vessel will be able to provide services to windmill construction work. It is designed by Multi Maritime AS in Førde and is called MM85
Møksters increases its focus on the subsea market by ordering a new build vessel special designed for ROV work, survey, diving and light construction work. In addition, the vessel will be able to provide services to windmill construction work. It is designed by Multi Maritime AS in Førde and is call
Daewoo International, the trading arm of POSCO, announced on May 25 that it has won a large shipbuilding order in cooperation with Sungjin Geotec, another POSCO affiliate. Under the deal with Swire Pacific Offshore (SPO) of Singapore, Daewoo International will build a $20 million offshore supply ves
Daewoo International, the trading arm of POSCO, announced on May 25 that it won a large shipbuilding order in cooperation with Sungjin Geotec, another POSCO affiliate. Sungjin Geotec specializes in offshore plant equipment and modules for global energy markets. Under the deal with Swire Pacific Offs
BLG is 135 years old. “When you have managed to mold the experience and performance of 135 years into a successful concept for the future, you’re on the right path,” stated BLG’s CEO Detthold Aden at the Annual Shareholder’s Meeting in Bremen on May 31. The present-day BLG LOGISTICS GROUP AG & Co. K
GC Rieber Shipping has today ordered a new high capacity subsea vessel from Ulstein Verft with an option of one additional vessel. The new building, to be delivered in the first quarter of 2014, represents a total investment of approximately NOK 800 million. “The market for this type of vessel is ex
Scottish Power completed preliminary trials of a 30-meter turbine anchored to the seafloor off the Scottish coast. The results show that the turbine produced one megawatt of electricity, which is enough to power 500 homes and businesses. Alan Mortimer, head of innovation at Scottish Power Renewables
