STEALTHGAS INC., a ship-owning company serving primarily the liquified petroleum gas (LPG) sector of the international shipping industry, announced today the sale of one vessel and an update on chartering arrangements. Sale of Vessel The Company has entered into an agreement to sell the smallest ves
Norway’s Det norske oljeselskap ASA has commenced drilling of exploration well 25/6-4 S in PL414. Target for the well is the Kalvklumpen prospect. The well will be drilled in the central part of the North Sea about 20 kilometres southeast of the Frøy field and 37 kilometres northeast of the Heimdal
A subsidiary of Apache Energy Limited has agreed to purchase the FPSO Ningaloo Vision for USD 185 million on behalf of the Van Gogh field joint venture partners. The unit is sold on an “as is where is” basis. Ningaloo Vision is operating on the Van Gogh oil field offshore Australia. BW Offshore will
Subsea UK has unveiled the shortlisted finalists for the 2012 Subsea Business Awards. A total of 16 small, medium and large organisations are in the running to pick up the prestigious awards now in their sixth year. The awards recognise and celebrate innovation and excellence in the subsea industry
BW Offshore, a provider of floating production services to the oil and gas industry said on its website that a subsidiary of Apache Energy Limited has agreed to purchase the FPSO Ningaloo Vision for USD 185 million on behalf of the Van Gogh field joint venture partners. Ningaloo Vision is operating
ABB, the leading power and automation technology group, has won an order worth around $25 million from Statoil to supply AC subsea power cables to the world’s largest offshore gas platform, Troll A, about 70 kilometers off the west coast of Norway. The order was booked in the fourth quarter of 2011.
Hamworthy Krystallon, the leading marine scrubbing technology manufacturer, signed a significant contract with Hyundai Heavy Industries (HHI), the worldʼs biggest shipyard. The contract will see Hamworthy Krystallon deliver a scrubber system on a Liquified Petroleum Gas tanker being constructed for
Personnel from the U.S. Department of the Interior’s Bureau of Safety and Environmental Enforcement (BSEE) and the U.S. Coast Guard completed a review of the mobile offshore drilling unit (MODU) Scarabeo 9 on Jan. 9, 2012, off the coast of Trinidad and Tobago. The review followed an invitation from
Statoil has singled out four business critical technologies as key to achieving the company’s growth ambitions. Statoil is boosting its R&D investments by 27% and starting to plan Norway’s biggest centre for IOR technology. In the period up to 2020 Statoil will maintain a high level of production on
Recently, CIC Changxing shipyard successfully completed the manufacture of five sets of hatch cover for CIC Jiangsu Shipyard. Hereto, the shipyard has made a solid and important step on the steel manufacturing field. From the first batch of the material’s arrival in March to the overall delivery at
Sri Lanka Navy assisted in the repatriation of 04 Indian fishermen on 09th January 2012. The fishermen and their fishing trawler bearing the registration number TN/10/MFB/168 were handed over to the Indian Coast Guard Ship Vajra in the seas off Delft. Sri Lanka Naval Ship Ranadheera, assisted the mi
Wärtsilä, a Finnish corporation which manufactures and services power sources and other equipment in the marine and energy markets, yesterday reported that, at both the Court Meeting and General Meeting of Hamworthy plc held earlier yesterday morning in relation to Wärtsilä’s recommended acquisition
In order to sustain its current status as the premier provider of quality seafarers worldwide, the Philippine’s Commission on Higher Education is pushing for an upgrade in maritime education. According to Capt. Hernando Eusebio, this push for educational and training improvement is needed to create
ShawCor Ltd. announced its pipecoating division, Bredero Shaw, has received a significant contract from Technip USA, to provide Concrete Weight Coatings, anode installation and other related services for a Latin American pipeline project. The project will consist of approximately 100 km of 36” pipe
