Australian ship builder Strategic Marine has confirmed its position as a major supplier of vessels to the Malaysian offshore oil and gas sector, securing a contract to build two 40 metre crew boats for Syarikat Borcos Shipping Sdn Bhd, an established Malaysian shipping company formed in early 1980.
Ocean energy company, BioPower Systems (BPS), today announced that the Victorian Minister for Energy and Resources, the Hon. Michael O’Brien MP, has awarded the company conditional funding support of $5 million under the Sustainable Energy Pilot Demonstration Program. The funding will be applied tow
A working meeting was held yesterday in the Gazprom headquarters between Alexey Miller, Chairman of the Company’s Management Committee and Jurgen Grossmann, Chief Executive Officer of RWE. The parties discussed potential establishment of a joint venture in the energy sector. RWE is a leading German
The Statnett Grid Development Plan 2011 launched Wednesday upholds Statnett ambitions and specifies the investments to be implemented by 2021. The aim is to ensure supply of energy to Norwegian consumers, facilitate Norwegian climate policy and economic growth. The planned investments amount to betw
On November 25th, delivery and acceptance documents for 1#16.900 DWT BC (Hull No.SF080101), the first one among eight sister vessels being built for POLSTEAM Company by SF shipyard, was successfully signed. This vessel is the first of eight sister vessels contracted between Polsteam Company and SF s
Antrim Energy Inc, Antrim, an international oil and gas exploration and production company headquartered in Calgary, Canada, today announced preliminary results of drilling operations on the Antrim-operated Erne exploration well 21/29d-11 in the UK Central North Sea (Antrim working interest 50%). Th
AXYS Technologies Inc. (AXYS) announced that they will be partnering with IN VIVO for WindSentinel™ sales and support in France. “We are pleased to work with IN VIVO because of their extensive experience in the field of environmental monitoring combined with their background in marine engineering an
EBI Cranes LLC offers a unique marine crane for the offshore oil & gas industry. The Hammer Head Hose Handling Crane is different in that it’s blocks are side by side allowing for better hose handling specifically with regard to hose-end alignment. With the Hammer Head Hose Handling Crane, one may m
Dockwise Ltd today announces it has reached agreement with Offshore Oil Engineering Co. Ltd. (COOEC) to act as manager of COOEC’s new build type 1 marine transportation vessel for all third party projects. The new vessel, a semi-submersible, currently under construction at China Merchants Yard in Sh
As the chase for oil and gas moves further north, the oil services industry follows. Today Aker Solutions, a Norwegian multinational provider of services related to engineering, construction, maintenance, modification and operation announces plans to establish a large engineering office in Tromsø as
As port and other infrastructure developments gear up in Vietnam to handle a strongly-growing economy, foreign investment in the manufacture of construction products continues apace. In its first production base for infrastructure materials outside of Japan, Nippon Steel has set up a company for the
As the chase for oil and gas moves further north, the oil services industry follows. Today Aker Solutions announces plans to establish a large engineering office in Tromsø as part of the company’s northern Norway strategy. The new office will gather knowledge and expertise related to the northern re
Canadian Overseas Petroleum Limited, an oil and gas exploration company focused in the UK North Sea, and the offshore Liberian continental margin, announces that drill-stem testing has successfully completed in the Esperanza discovery in Block 22/15 of the UK North Sea. The 22/15-4 well, operated by
Fred.Olsen Energy ASA reported that Lundin Norway AS has exercised the option for additional three wells with Dolphin Drilling AS, a subsidiary of Fred. Olsen Energy ASA, for use of the semi-submersible drilling unit Bredford Dolphin. The wells will be in direct continuation with current contract wi
