Bahamas Petroleum, the oil and gas exploration company with offshore license permits in The Commonwealth of The Bahamas, announces that Dr Paul Crevello, Chief Executive Officer, has resigned with immediate effect for personal reasons. Following this resignation, Alan Burns, Non-Executive Chairman a
WAVE energy projects are gaining a groundswell of interest, with locally designed technology starting to deliver stable power to the grid… (smh) [mappress] Source: smh, August 12, 2011;
In this year’s ‘Global Container Terminal Operators’ annual report, Drewry Maritime Research has introduced an additional ranking of terminal operators which includes SIPG, China Merchants, Modern Terminals and Ports America in the Top 10. The Drewry World Container Terminal Ownership Ranking has b
Solstad Offshore ASA (SOFF) have signed a Letter of Intent (LOI) with Subsea 7 for hire of SOFF’s offshore construction and support vessel (CSV) “Normand Oceanic”. The agreement is for a firm charter period of 3 years with 3 x 1 year option. Commencement is currently expected to be April 2012. The c
CNOOC Limited announced that, according to the latest statement by ConocoPhillips China Inc (COPC), the Operator of Penglai 19-3 oil field, more oil-based drilling mud (OBM) on the sea floor was identified. This addition brings the revised volume of OBM on the seabed to 400 cubic meters (2,500 barre
Allseas’ Solitaire, the world’s largest pipelay vessel, has completed work on Line 2 of the Nord Stream natural gas pipeline through the Baltic Sea ahead of schedule. The vessel laid 342.5 kilometres of each of the twin pipelines in the Gulf of Finland. “The Solitaire has lived up to all our expecta
Rig utilisation in the second quarter of 2011 was 84.7 per cent. Safe Scandinavia, MSV Regalia, Safe Caledonia, Safe Esbjerg, Safe Lancia, Jasminia, Safe Hibernia, Safe Britannia and Safe Regency have been fully utilised in the second quarter. Safe Bristolia commenced on the contract with Cotemar mi
Allseas’ Solitaire, the world’s largest pipelay vessel, has completed work on Line 2 of the Nord Stream natural gas pipeline through the Baltic Sea ahead of schedule. The vessel laid 342.5 kilometres of each of the twin pipelines in the Gulf of Finland. “The Solitaire has lived up to all our expecta
Allseas’ Solitaire, the world’s largest pipelay vessel, has completed work on Line 2 of the Nord Stream natural gas pipeline through the Baltic Sea ahead of schedule. The vessel laid 342.5 kilometres of each of the twin pipelines in the Gulf of Finland. “The Solitaire has lived up to all our expecta
Huntington Ingalls Industries, Inc received a $56.5 million contract modification, under a previously awarded contract, for continuation of long lead time material procurement associated with construction of the nuclear-powered aircraft carrier John F. Kennedy (CVN 79). The company’s Newport News Sh
MAJOR green energy projects in Yorkshire and across the UK have been held back by a lack of clarity and consistency from the Government… (yorkshirepost) [mappress] Source: yorkshirepost, August 12, 2011
The next 25m SWATH@A&R Pilot Tender is leaving the shipyard Abeking & Rasmussen, Lemwerder. Today the “WIELINGEN” was handed over to the Belgian Pilots. Two SWATH@A&R Pilot Tenders are now available for their service on the Scheldt. The first Pilot Tender “WESTDIEP” was delivered in May 2011. The th
W&T Offshore, Inc. announced today that it has closed its acquisition of Shell Offshore’s 64.3% interest in the Fairway Field along with a 64.3% interest in the associated Yellowhammer gas processing plant, with an effective date of September 1, 2010. This acquisition was part of a larger transactio
Solstad Offshore ASA (SOFF) have signed a Letter of Intent (LOI) with Subsea 7 for hire of SOFF’s offshore construction and support vessel (CSV) “Normand Oceanic”. The agreement is for a firm charter period of 3 years with 3 x 1 year option. Commencement is currently expected to be April 2012. The c
