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Germany: GL Releases Rules Updates for Seagoing Ships and Naval Vessels
Business & Finance

Germany: GL Releases Rules Updates for Seagoing Ships and Naval Vessels

Germanischer Lloyd (GL) has released updates to its Rules for Seagoing Ships and Naval Vessels. The updated Rules came into effect on 1 May 2012. Changes have been made to the following GL Rules for Seagoing Ships: Classification and Surveys, Hull Structures, Machinery Installations, Electrical Inst

about 14 years ago
UK: Plexus Receives New Order from BG Group
Business & Finance

UK: Plexus Receives New Order from BG Group

Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, announces a new order worth £1.3 million from BG International Ltd (‘BG International’), a wholly owned subsidiary of BG Group plc, to su

about 14 years ago
The Netherlands: Vroon Offshore Receives New Addition to Its Fleet
Business & Finance

The Netherlands: Vroon Offshore Receives New Addition to Its Fleet

Vroon Offshore Services announce that they have taken delivery of a new addition to their offshore fleet. The VOS Thalassa, a 1,400 dwt anchor handling tug support (AHTS) vessel built at the Fujian SouthEast Shipyard in China, was delivered yesterday, 2 May 2012, from the Shipyard. VOS Thalassa will

about 14 years ago
UK: EDF Protects Marine Life at Teesside Offshore Wind Farm
Business & Finance

UK: EDF Protects Marine Life at Teesside Offshore Wind Farm

As work progresses on the installation of the new Teesside Offshore Windfarm, special measures are being taken to ensure the protection of marine mammals and other wildlife. The wind farm being established by EDF Energy Renewables is located 1.5km off the north east coast at South Gare, Redcar. Work

about 14 years ago
China: Cheoy Lee Shipyard Hands Over Newbuild Tugs
Business & Finance

China: Cheoy Lee Shipyard Hands Over Newbuild Tugs

Given the strength in global demand for tugs and offshore commercial vessels, Cheoy Lee shipyard had embarked on several speculative build projects over the past 18 months. Two 58 metre Anchor Handling Tugs (with differing configurations and drive systems), two Z-Tech 7000 tugs, and one 31m ASD tug.

about 14 years ago
The Netherlands: Van Nes Field Produces First Gas
Business & Finance

The Netherlands: Van Nes Field Produces First Gas

Dana Petroleum plc announced that on 30 April 2012, first gas production began from the Van Nes field located in block P11b within the Medway development area (Dana 50% and operator, EBN 50%). The subsea well, located on the Dutch continental shelf approximately 60 km north west of The Hague, will p

about 14 years ago
Australia: Gama’s New Marine Propulsion System Saves Energy
Business & Finance

Australia: Gama’s New Marine Propulsion System Saves Energy

Engineers have developed a new method of propelling a ship or displacement vessel while saving at least 75% of energy consumed by current propeller-based systems, yet maintaining the same performance. The Gamma Propulsion System (TGPS) is easy to build and simple to retro fit to existing ships. Test

about 14 years ago
UK: Suncor, Awilco Pen LOI for WilHunter Rig
Business & Finance

UK: Suncor, Awilco Pen LOI for WilHunter Rig

UK-based drilling contractor Awilco Drilling PLC has signed a Letter of Intent (LOI) with Suncor Energy to extend the contract for WilHunter for the drilling of a second firm well estimated at 61 days. The contract value for the firm well is estimated to be around USD 19.2 million. The second well u

about 14 years ago
Russia: Sovcomflot, SIBUR Enter Long-Term Charter Agreement for Two LPG Tankers
Business & Finance

Russia: Sovcomflot, SIBUR Enter Long-Term Charter Agreement for Two LPG Tankers

On 27 March 2012 SCF Group (Sovcomflot)- Russia’s largest shipowner, and oil and chemical holding SIBUR – a national leader in oil and chemical industry, signed a long-term charter agreement for two gas tankers to perform regular year-round transportation of SIBUR liquefied petroleum gas (LPG). SIBU

about 14 years ago
China: GMC and Horton Wison Deepwater Develop Buoyant Towers for Shallow Water Fields
Business & Finance

China: GMC and Horton Wison Deepwater Develop Buoyant Towers for Shallow Water Fields

GMC and Horton Wison Deepwater confirmed their Joint Venture established to design and supply innovative Buoyant Towers for shallow water fields. Kevin Chell, CEO of the joint venture, stated “The Buoyant Tower concept draws on the proven technology of the cellspar and the design provides multiple b

about 14 years ago
Ghana: Kosmos’ Teak-4A Appraisal Well Hits Thin Reservoirs
Business & Finance

Ghana: Kosmos’ Teak-4A Appraisal Well Hits Thin Reservoirs

Kosmos Energy announced results from the Teak-4A appraisal well, located in the West Cape Three Points Block, offshore Ghana. Located 6.1 kilometers (3.8 miles) northwest of the Teak-1 discovery well, the Teak-4A well was targeting the stratigraphic extension of the Teak discovery area. The well enc

about 14 years ago
Greece: Diana Shipping Takes Delivery of Panamax Dry Bulk Carrier MV Melia
Business & Finance

Greece: Diana Shipping Takes Delivery of Panamax Dry Bulk Carrier MV Melia

Diana Shipping Inc., a global shipping company specializing in the ownership and operation of dry bulk vessels, announced that on May 1, 2012 it took delivery of the m/v “Melia”, (formerly “Mining Star”), a 2005 built Panamax dry bulk carrier of 76,225 dwt that the Company entered into an agreement

about 14 years ago
UK: Lybster Field Put on Production
Business & Finance

UK: Lybster Field Put on Production

Trapoil , the independent oil and gas exploration and appraisal company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, yesterday announced the start of production at its Lybster field situated on Block 11/24 – 3v2 (“Lybster”), which is operated by Caithness Oil Limited. The Ly

about 14 years ago
Aker Solutions to Supply 7 Subsea Trees to Total Offshore Angola
Business & Finance

Aker Solutions to Supply 7 Subsea Trees to Total Offshore Angola

Aker Solutions has been awarded a contract by Total E&P Angola, to deliver seven new subsea tree systems to the Dalia field located offshore Angola. Contract value is approximately NOK 470 million (approximately 82 million). Scope of work includes seven production subsea trees, seven wellhead system

about 14 years ago
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