The University of Delaware is coordinating six companies in a design effort to reduce the cost of energy and the time to deployment as well as attract investment in offshore wind power. With a $500,000 grant from the Department of Energy and an equal amount contributed by the companies, the consorti
Aminex PLC (‘Aminex’ or the ‘Company’) announces that it has suspended further work on the Nyuni-2 exploration well in offshore Tanzania due to extreme drilling conditions. As previously announced, the Nyuni-2 well had been drilled to 3,450 metres measured depth and cased to 2,945 metres. However, i
Enviro Voraxial Technology, Inc. announced today that it has shipped a Voraxial® 2000 System to an oil and gas service company for a produced water application. The Texas based multi-billion dollar oil service company is a leading provider of consulting, engineering, and technical services worldwide
Stena Line has just completed the full integration of the Liverpool and Heysham routes which it acquired from DFDS. Since approval for the purchase of the routes was given in June, a major systems integration project has been underway to integrate the new routes onto Stena Line’s Irish Sea business.
Awilco Drilling PLC has signed a Letter of Intent (LOI) with Endeavour Energy UK Ltd for the provision of WilHunter for their Rochelle development program. The contract duration is estimated to be about 150 days with a contract value of approximately USD 37 million. The contract is expected to comme
Polarcus Limited announces that the Company has signed the loan documentation for a bank loan facility of USD 410 million with DnB NOR Bank ASA and DVB Bank SE, Nordic Branch, together with Garanti-instituttet for Eksportkreditt (GIEK) and Eksportfinans ASA (the “Fleet Bank Facility”). The loan docu
Polarcus Limited announces that the Company has signed the loan documentation for a bank loan facility of USD 410 million with DnB NOR Bank ASA and DVB Bank SE, Nordic Branch, together with Garanti-instituttet for Eksportkreditt (GIEK) and Eksportfinans ASA (the “Fleet Bank Facility”). The loan docu
Spring Energy announces that a framework contract has been signed with Ross Offshore, whereas Ross Offshore will provide planning and execution support for Spring Energy’s drilling operations on the NCS for a period of three years, with options for two times two years. Frode Losnedal, Ross Offshore
Renowned for their long range comfortable cruisers Vripack back in 2009 designed a New Generation Explorer with the elegance of a Super Yacht for a repeat customer. Motor Yacht E&E made her grand debut at 2011 Monaco Yacht Show. “As with their first yacht, the Vripack Explorer Jasmin built by RMK, t
Dominion announces that it has signed the Production Sharing Contract (PSC) for Block L15 in the Lamu Basin, offshore Kenya, giving the Company a 100% working interest and operatorship. The Company previously announced the award of L15 on 1st August 2011 through execution of Heads of Agreement with
Reliance Globalcom, Reliance Communications’ (RCom) global telecommunications services arm, has upgraded capacity on its submarine cables… (domain-b) [mappress] Source: domain-b, October 05 , 2011;
At the presentation of the fifth edition of the Seatrade Insider Awards – on 27 September during the Seatrade Europe 2011 convention in Hamburg, Germany – Desso was honored as a runner up in the category for the Environmental Initiative Award. Desso, renowned for its innovation strategy and design,
The integrity and operational problems of blowout preventers (BOPs) will be followed up by the Petroleum Safety Authority Norway (PSA) through its membership of the International Regulators’ Forum (IRF). The present status of the industry’s work on well control issues was presented at the IRF’s offs
Decom North Sea (DNS), the offshore oil & gas decommissioning forum, held its annual general meeting last night in Dunblane, with nine new directors elected from across all sectors of the decommissioning industry. The meeting heard that the supply chain body now has around 160 members. Attendees wer
