Statoil intends to establish a new operational area on the Norwegian continental shelf, which will be based in Harstad with start-up in the first half of 2013. Statoil is setting up a separate operational area in Northern Norway due to the considerable increase in activities taking place off the thr
In mid-February MV Feruz, a specialist ferry for railway wagons, was one of several vessels which got into difficulties in a heavy storm in the Black Sea. The master demonstrated impressive seamanship by steering her into a small, narrow (outside) swimming pool of an aqua park, close to the port of
The first survey of the impact of offshore wind farms on fish life is available. It shows that wind turbines and fish live in perfect harmony. The number of some fish species has actually increased. While the last wind turbines are being put into operation in the world’s largest offshore wind farm,
Octanex N.L. announces that its wholly-owned subsidiary, Octanex NZ Limited (Octanex NZ), has been granted a 100% interest in a fourth petroleum exploration permit, PEP 53473. The permit is located in the offshore Taranaki Basin of New Zealand. The permit lies between the PEP 51906 and PEP 52593 per
Following the declaration of an option granted to Subsea 7, Eidesvik has sold 50% of the subsea vessel that is under construction at Ulstein Verft (Hull 295). The ship is of the SX148 design from Ulstein, which can carry out highly advanced subsea work like inspection, maintenance and repair of oil
Scientists have found a large reduction in the amount of the coldest deep ocean water, called Antarctic Bottom Water, all around the Southern Ocean using data collected from 1980 to 2011. These findings, in a study now online, will likely stimulate new research on the causes of this change. Two ocea
Work on six new industrial units for the renewable energy sector in Orkney has been completed. Highlands and Islands Enterprise (HIE) invested £2.95m, including £1.18m from the European Regional Development Fund, to create the units on vacant industrial site next to Hatston Pier, Kirkwall. Each unit
APM Terminals Crane & Engineering Services’ Managing Director, Halfdan Ross, discussed solutions to the challenges presented by the latest and future generation of Ultra-Large Container Vessels (ULCV) that confront port and terminal operation and design at the TOC Container Supply Chain Asia Confere
Schlumberger announced that it has entered into an agreement with Altor Fund II to acquire SPT Group—a privately owned software company specialized in dynamic modeling for the oil and gas industry. The company provides a combination of software and consulting services for multiphase flow and reservo
The members of CKYH Alliance- COSCON and Hanjin Shipping have announced today that they will be launching a new service in the Far East – Gulf of Mexico trade effective end of April 2012. Named GME, Gulf of Mexico Express (HANJIN internal system will be named as AWT, All Water Gulf of Mexico) ,this
Hercules Offshore, Inc. announced yesterday the execution of a definitive agreement to acquire the offshore drilling rig Ocean Columbia from Diamond Offshore Drilling, Inc. The purchase price is $40 million in cash. Ocean Columbia is a LeTourneau Class 82 SD-C jack-up drilling rig registered and fla
Some of the concrete facilities resting on the seabed on the Norwegian shelf are nearing the end of their lifetimes. In the coming years, the authorities need to address how to dispose of these. A report has been prepared on disposal of concrete facilities on initiative from the Norwegian Petroleum
Mitsubishi Heavy Industries, Ltd. (MHI) has signed an agreement with Jiangsu Masada Heavy Industries Co, Ltd., in Jiangsu Province, China, under which MHI is to license production and marketing of steering gears and deck machinery based on company technology to Jiangsu Masada. Previously in 2008 MHI
Rialto Energy Limited, Rialto Energy Limited, the exploration, appraisal and development company with operated assets offshore Cote D’Ivoire, has provided the weekly update on drilling operations at the Gazelle-P3 Well as at 06:00hrs, 20 March 2012 (EDT). The Gazelle-P3 well, located offshore Cote D
