Wood Mackenzie’s analysis of the giant Aldous/Avaldsnes discovery appraisal programme reveals the potential value of the field could now be as much as US$13 billion. Geoff Gillies, Wood Mackenzie’s North West Europe Lead Analyst puts the revised size of the discovery in context; “At the upper end of
Caterpillar today announced that it has been selected to power 16 offshore supply vessels for use in operation in the Brazilian offshore market. Caterpillar received orders requiring a total of 56 Cat and MaK Diesel Electric Propulsion Engine (DEP) generator sets for offshore supply vessel newbuilds
A yard in South Tyneside is this week celebrating an order hat-trick. The vessel Acergy Petrel sailed into the A&P Tyne yard at Hebburn for a two-week repair contract. This is the latest order secured from Subsea 7, and provides welcome employment for the yard’s 250-strong core workforce. The new ar
Research and Markets has announced the addition of GlobalData’s new report “Renewable Policy Analysis – September, 2011” to their offering. This report includes policy updates on the major countries. There are around 15 news stories covered in the report. In addition to it, following two articles ar
16th 57300T bulk carrier “AN HUA SHAN” built by China Shipping Industry (Jiangsu) Co., Ltd. for China Shipping Development Co., Ltd. tramp. Co. was successfully named and delivered at China Shipping Industry Changxing shipyard. The ceremony was hosted by Chen Junhua, secretary of the Party committee
Independent Risk Management Systems B.V. (IRM Systems), suppliers of independent guidance and hands-on support for emergency pipeline repair systems (EPRS) and pipeline repair, announced that it has opened its doors for business. In order to mitigate risks associated with critical pipeline networks,
Independent Risk Management Systems B.V. (IRM Systems), suppliers of independent guidance and hands-on support for emergency pipeline repair systems (EPRS) and pipeline repair, announced that it has opened its doors for business. In order to mitigate risks associated with critical pipeline networks,
Dominion announces that it has agreed to farm-out a 20% working interest in Block 7, deepwater Tanzania to a subsidiary of Mubadala Oil & Gas (“Mubadala”). Following the completion of the transaction Dominion will hold an 80% working interest and operatorship in the Block. Under the terms of the agr
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
Maintaining a positive viewpoint about future development of the intra-Asia seaborne trade, Evergreen Line will realign its fleet deployment and launch new services, effective from mid-October 2011. The existing Hua Bei – Hong Kong – Indonesia service (HBI) will be reorganized into two feeder loops.
Caterpillar today announced that it has been selected to power 16 offshore supply vessels for use in operation in the Brazilian offshore market. Caterpillar received orders requiring a total of 56 Cat and MaK Diesel Electric Propulsion Engine (DEP) generator sets for offshore supply vessel newbuilds
A Norwegian supplier of waste heat recovery systems may have found the most viable, cost and energy-efficient method yet for treating ballast water. The technology, if proven, has the potential to shake up the ballast water treatment systems market, since the Ulmatec system would cost next to nothin
Det norske has signed three important contracts in preparing for the Jette development. The contractors are Cameron, Subsea7 and Aker Solutions. Det norske oljeselskap ASA presented a plan for development and operation (PDO) of Jette to the Minister of Petroleum and Energy, Ola Borten Moe. The PDO w
ADNATCO, which along with NGSCO comprises the shipping arm of the ADNOC Group of Companies, took delivery of its fifteenth new build… (WAM) [mappress] Source: WAM, October 5, 2011
