The end-to-end intelligence and dynamic control of the electricity across the grid has become the defining function of the smart grid… (forbes) [mappress] Source: forbes, July 4, 2011;
Defence procurement agency DGA has placed an order with DCNS for the third Barracuda-type nuclear-powered attack submarine for the French Navy. This order comes under the framework programme contract awarded to DCNS in December 2006 calling for the delivery of six next-generation SSNs between 2017 a
Statoil has awarded the contract for construction of two new drilling rigs for use on the Norwegian continental shelf (NCS) to Songa Offshore. The contract for the two category D rigs is worth an aggregate USD 2,47 billion for a fixed eight-year charter period. “Stepping up our industrialisation of
Ovenden Earthmoving Co Ltd of Wingham Well near Canterbury has taken delivery of a new Volvo L180G wheeled loader and three A30F articulated haulers as an increment to its plant fleet. These latest additions to Ovenden’s earthmoving fleet of primarily Volvo branded machines were chosen once again th
Marine solutions leader Offshore Marine Management announces the launch of a new survey and subsea business this week, to cater for a growing demand from clients worldwide for the full range of subsea cable services to be available from the one supplier. The new business will focus on the three stra
Maersk Drilling, a business unit within the A.P. Moller- Maersk group, has declared its option to build two ultra deepwater drillships at Samsung Heavy Industries in South Korea. The drillships are scheduled for delivery in the second and third quarters of 2014, respectively. The total project cost
Argos Resources Limited, the Falkland Islands based exploration company focused on the North Falkland Basin, reports encouraging progress on the processing and interpretation of its recently acquired 3D seismic data over its 100% owned licence PL001. In April 2011, the Company announced the completi
Statoil has received consent to carry out exploration drilling of wells 16/2-8 and 16/2-9S in the North Sea with the Transocean Leader mobile facility. The wells will be drilled in production licence 265, with Statoil as the operator (40%). The other licensees are Petoro AS (30%), Det norske oljesel
Brazil’s Paranaguá and Antonina port authority Appa is planning 165mn reais (US$106mn) in work for Antonina port, a spokesperson from the… (bnamericas) [mappress] Source: bnamericas, July 4, 2011;
Statoil has awarded the contract for construction of two new drilling rigs for use on the Norwegian continental shelf (NCS) to Songa Offshore. The contract for the two category D rigs is worth an aggregate USD 2,47 billion for a fixed eight-year charter period. “Stepping up our industrialisation of
The DEME Group and its offshore specialist TIDEWAY announced press conference that will take place on the occasion of the naming of the new mega trailing suction hopper dredger “Congo River” (hopper capacity 30,000 m3) and the DP2 fallpipe vessel “Flintstone, a unique vessel that will perform accura
The self propelled, self elevating jack up barge the GMS Endeavour successfully completed the first turbine installation yesterday, Sunday 3 July 2011. The Endeavour jacked up offshore at the wind farm site on Friday and completed the highly technical lifting procedure to raise and install the 80 me
Trapoil announces the acquisition of Reach Oil & Gas Limited (“Reach”) for a total consideration of approximately £30 million (£20 million in cash and approximately £10 million in new ordinary shares to be issued at a deemed price of 43 pence per share). Reach’s two wholly-owned subsidiaries, Reach
The PSA conducted an audit from 10 to 12 May 2011 focusing on issues relating to technical safety, safety systems and maintenance management on board the facility West Elara. Background West Elara is a new jack-up, N-class drilling facility built by the Jurong Shipyard in Singapore. The PSA’s activi