The Gazprom headquarters hosted last week a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Peter Voser, Chief Executive Officer of Royal Dutch Shell. The parties tackled the issues of bilateral cooperation as part of the Sakhalin II project. They also addre
Upon fostering the development and advancement of the Maritime Industry, it is of a striking importance to ensure that coastal environments, waterways and oceans are not threatened by shipping and offshore operations. Marine pollution has been recognized as one of many other serious threats to the w
Jonathon Porritt, the renowned green campaigner and Founder Director of Forum for the Future, has praised ADPC’s megaproject on a fact-finding site visit, calling both projects “markers for the future”. Mr Porritt, the former UK government advisor on green issues, was escorted around the Kizad (Khal
Lundin Petroleum, a Swedish independent oil and gas exploration and production company says that its net working interest production forecast for 2012 is between 32,000 and 38,000 barrels of oil equivalent per day (boepd). The company’s production for 2011 is forecast at approximately 33,200 boepd w
China’s Qingshan Shipyard held on January 19, 2012 an official naming ceremony for a new dry bulk carrier FESCO Smolensk ordered by Transportation Group FESCO. Godmother of the vessel – Svetlana Chabrova, wife of Vladimir Chabrova, Director, Department of the Navy branch of OAO “Far Eastern Shipping
In preparation of Offshore Support Vessels Summit 2012, a new survey conducted by the Oil and Gas IQ asked more than 200 offshore maritime experts to present their views on energy efficiency OSVs. The survey shows that a significant 87.5 per cent of industry experts believe that energy efficient OSV
BOURBON was informed on 20th January that JACCAR Holdings SA had acquired 945 000 additional shares in BOURBON. The participation of JACCAR Holdings SA in BOURBON thus passes from 24.6% to 26.04% of the capital and 25.7% to 27.12% of the voting rights. Commenting on its rising above the 25% threshol
The Port of Los Angeles has prepared a Draft Environmental Impact Report (EIR) for the Al Larson Boat Shop Improvement Project, which proposes to modernize and upgrade the existing facility located at 1046 Seaside Avenue on Terminal Island. The proposed project would allow Al Larson to enter a 30-ye
AWE Limited has executed a Sale and Purchase Agreement under which it will acquire a 100% interest and operatorship of two Production Sharing Contracts (“PSCs”) offshore Indonesia, including an undeveloped oil field with an estimated 76 million barrels of recoverable oil. The consideration for the a
Dolphin Geophysical has received a Letter of Award from an undisclosed client for the acquisition of a 3D survey offshore India. The survey will be acquired with the M/V Artemis Arctic and is expected to be completed in early April 2012. Atle Jacobsen, CEO commented; “We are very pleased to be award
Statoil farms into a Cairn Energy operated exploration licence offshore West Greenland. Statoil has acquired a 30.625% working interest in the Pitu licence in Baffin Bay. The licence was awarded to Cairn Energy during the first Baffin Bay licensing round in December 2010. Cairn will continue as oper
E.ON Ruhrgas Norge AS, operator of production licence 350, has completed the drilling of wildcat well 6507/6-4 S and is in the process of completing the drilling of wildcat well 6507/6-4 A. The wells were drilled about 10 kilometres southeast of the Skarv offshore field in the Norwegian Sea. The obj
Statoil has acquired a 30.625% working interest in the Pitu licence in Baffin Bay. The licence was awarded to Cairn Energy during the first Baffin Bay licensing round in December 2010. Cairn will continue as operator and retains a 56.875% working interest while partner Nunaoil will retain its carrie
Dolphin Geophysical has received a Letter of Award from an undisclosed client for the acquisition of a 3D survey offshore India. The survey will be acquired with the M/V Artemis Arctic and is expected to be completed in early April 2012. Atle Jacobsen, CEO commented; “We are very pleased to be award
