Oil and gas production from offshore resources is of considerable importance for energy companies as existing base resources are being depleted at a rapid rate. New oil discoveries of significance are becoming less common, with the majority of major finds being offshore.
A UK based drilling contractor Awilco Drilling PLC has signed a Letter of Award (LOA) with Premier Oil Limited for the provision of WilPhoenix for the drilling of two firm exploration wells estimated at 30 days each with the option to drill up to two additional wells. The contract value for the firm
China Oilfield Services Limited announced its annual results for the year ended 31 December 2011. Despite faced with challenges arising from domestic and global markets in 2011, the Group adopted a market oriented approach to optimize allocation of resources and strategies for marketing of its servi
Unique Maritime Group, one of the world’s leading integrated turnkey subsea and offshore solution providers, announces its participation in Russia Offshore being held in Moscow from March 26th to March 29th 2012 . Harry Gandhi, CEO of Unique Maritime Group, commented on UMG’s participation in the ev
Two ships on passage in the Dover Strait collided in poor visibility yesterday morning. The ‘Gas Arctic,’ LPG tanker currently in ballast, registered in Malta was on passage from Tees to Portland, with 14 crew aboard. The ‘Spring Bok’, cargo ship, registered in the Netherlands was on passage from Am
Engr. Saleh Al-Jasser, Chief Executive Officer of The National Shipping Company of Saudi Arabia “NSCSA”, announced that the company has signed a contract with Qatar Aluminium Company “QATALUM” on Wednesday 21/3/2012 to transport aluminium shipments from Qatar to the United States of America on each
Flensburger Schiffbau-Gesellschaft today launched ferry “Seatruck Precision”. The ferry, the last of four newbuildings ordered at FSG for service in the Irish Sea, is for the shipping company Seatruck Ferries Ltd. “As with Hull No. 751 – Seatruck Performance – the name of the latest ship also appear
The American Association of Port Authorities (AAPA)—representing the interests of seaports throughout the Western Hemisphere—this week during its Centennial Spring Conference board of directors meeting in Washington, D.C.—elected Armando Duarte-Peláez as its next chairman of the board. Mr. Duarte- P
Monitoring the environment at sea in a region where waves are usually some five metres high is obviously challenging. That is what Vattenfall plans to do off the coast of the Shetland Islands in Scotland, the site of the company’s first wave-energy farm. The location for the wave energy farm was cho
Chinese shipbuilder, Dalian Shipbuilding Industry Offshore Co. has secured orders two build two state-of-the art floating accommodation semi-submersible units. The units, estimated at USD 315 million each, will be built for a newly set up accommodation rigs contractor, Sirius Offshore Accommodation.
North Sea Tankers BV announced, on March 13, that M/T Eras (5,717 dwt) will join NST’s fleet as of mid April. The vessel’s young age, size and characteristics will further strengthen NST’s position and market share in North West Europe and the West Mediterranean, where the company will continue to s
Following exhaustive evaluation and various sea trials, Dalby Offshore Renewables have purchased two new crew transfer vessels from Alicat Workboats of Great Yarmouth. The 20 meter propeller driven vessels are powered by twin Caterpillar C32 1319Hp engines that deliver a top speed of over 30 knots.
Scientists from a leading university in Scotland are heading up a pan-European project to create the most advanced, autonomous, cognitive robot which could help to dramatically reduce the cost of underwater monitoring operations and maintenance within the oil and gas industry. The team from the Ocea
The Grimaldi Group, world leader in ro/ro transport, announces an important initiative: as from the 11th of April a new maritime service, dedicated to the transport of rolling freight and passengers, will be launched between the ports of Brindisi, Igoumenitsa and Patras. Furthermore, in support of t
