The Norwegian Government has decided to offer 60 production licenses in the Awards in Predefined Areas round for 2011 (APA 2011). – Today, I am offering participation interests in production licenses to 42 companies. Twenty-seven of these companies are being offered operatorships. APA 2011 is the mo
IHC Offshore Systems, part of IHC Merwede, announces it has been awarded a rental contract for the Noise Mitigation System NMS-6900. Dutch offshore contractor Seaway Heavy Lifting will operate the NMS-6900 during the installation of 30 monopile foundations for the Riffgat offshore wind farm off the
The current project expected to contribute positively to the earnings of Nam Cheong Limited upon its further steering of shipbuilding is the construction of a 5,150 brake horsepower Anchor Handling Towing Supply (AHTS) vessel that will be sold to Gulf Glory Marine Services LLC, a United Arab Emirate
Norway’s oil and gas exploration and production giant ,Statoil, and its partners have selected a fixed platform for the Dagny oil and gas discovery in the North Sea, while the Eirin gas field is to be developed with a subsea solution. Gas from Dagny will be exported through a tie-back to the infrast
Hercules Offshore today announced that the Mako, a 175′ class liftboat in Nigeria, was engulfed by a fire that originated on a third-party rig, the KS Endeavor, during the early morning hours on January 16, 2012. The Mako was providing excess storage services adjacent to the KS Endeavor drilling rig
OSM, an independent marine-services provider offering offshore, ship management and consultancy services, takes full management of the PSV Crest Olympus. PSV Crest Olympus is currently at port in Singapore being retrofitted to work as an Oil Recovery Vessel for Petrobras, Brazil Designed by Wartsila
Paragon Shipping Inc., a global shipping transportation company specializing in drybulk cargoes, announced today that it has entered into a fixed rate time charter agreement for its Vessel, M/V Calm Seas, with Intermare Transport GMBH. The M/V Calm Seas, a 1999 build, 74,047 dwt Panamax bulkcarrier,
A fixed platform has been selected by Statoil and its partners for the Dagny oil and gas discovery in the North Sea, while the Eirin gas field is to be developed with a subsea solution. Gas from Dagny will be exported through a tie-back to the infrastructure on Sleipner East, while offshore loading
The largest crane system constructed to date by J D Neuhaus has been delivered to Westcon Lofteteknikk AS (WCL) of Norway for use on an offshore drilling rig. The semi portal design comprises an A-frame supporting twin overhead horizontal track beams providing a 7.5 metre span. The crane has an appr
In July 2011 A2SEA acquired a 29% share interest in the Danish cable installation company CT Offshore. A2SEA has now decided to increase their shareholding in the company to 67%. The remaining 33% of the shares are still owned by CT Offshore’s founder and CEO, Paw Cortes. The company will stay at it
The Norwegian Petroleum Directorate, a governmental specialist directorate and administrative body today released preliminary production figures for December 2011. The figures show an average daily production of about 1 990 000 barrels of oil, NGL and condensate. This is a decrease of 60 000 barrels
As well as being a renewable energy success , SeaGen, the world’s first commercial tidal current energy turbine is also an environmental success. The tidal turbine, designed and deployed by Marine Current Turbines Ltd (MCT) and located in Northern Ireland’s Strangford Lough has had no major impact o
Capital Product Partners L.P. announced the extension of the charters of both the M/T Agamemnon II and the M/T Ayrton II to BP Shipping. The M/T Agamemnon II (2008 STX Offshore & Shipbuilding Co., 51,238 dwt) was fixed to BP Shipping at a daily charter rate of $14,000 net for 12 months (+/- 1 [&hell
Hercules Offshore today announced that the Mako, a 175′ class liftboat in Nigeria, was engulfed by a fire that originated on a third-party rig, the KS Endeavor, during the early morning hours on January 16, 2012. The Mako was providing excess storage services adjacent to the KS Endeavor drilling rig