BP is scrambling to move oil from across the world to make up for lost production at its Prodhoe Bay oilfield in Alaska, shipping industry sources and brokers said on Wednesday. On Tuesday half of the field’s output, some 200,000 barrels per day, was shut-in. London Brent crude oil prices hit a reco
Petroleo Brasileiro S.A. for work offshore Brazil and Petrobas America Inc. for work in Gulf of Mexico have signed a 5 year drilling contract with Larsen Oil and Gas Ltd of Aberdeen Scotland for the new build deepwater (3050m) semi-submersible drilling rig PetroRig 1. The contract will commence upon
Total announces that it has acquired a 10% interest in Scotrenewables Marine Power Ltd., (the sister company of Scotrenewables Wind Power Ltd), based in Scotland
There was a time when a schooner a week was launched from local shipyards, destined for the Gloucester fishing fleet. But in the last 11 years, there have been only three, the most recent in 2003.
Hamworthy moved ahead this morning as the marine and offshore fluid handling systems group said it has won further contracts with the Hyundai Heavy Industries for liquefied petroleum gas packages. The deal is to supply LPG packages for four very large gas carriers (VLGCs), including reliquefaction p
The Environmental Protection Agency (EPA) in Australia says its decision to approve the extraction of 15 million cubic metres of sand from the Moreton Bay Marine Park is based on years of research. According to local press reports, Caloundra city councillor and a former member of the Beach Protectio
As main automation contractor, Emerson experience in international project management will provide co-ordination and consistency between the Total Akpo FPSO contractors in Europe and Korea. Emerson Process Management has announced that it has been chosen as main automation contractor (MAC) for the T
Rowan Companies yesterday announced that it has been awarded term drilling contracts for two Class 116-C jack-up rigs to begin operating offshore Qatar in late 2006 or early 2007. Each contract is for a two-year term and contains an option for one additional year. Each rig is currently under contrac
Venezuela opened on Tuesday global bidding for licenses to explore and run four potentially gas-rich offshore blocks, attracting 30 companies from across the world, Energy Minister Rafael Ramirez announced. The announcement comes as Venezuela, home to the largest gas reserves in South America, wants
Calgary, Alberta – John C.S. Lau, President & Chief Executive Officer, Husky Energy Inc., announced that the Company has signed three petroleum contracts with the China National Offshore Oil Corporation (CNOOC) for exploration blocks in the South China Sea, China. The three exploration blocks cover
Dubai is studying investment potential in Panama, which could include a stake in plans to widen the Panama Canal, Emirates Today reported. Opportunities also exist in developing new port facilities, industrial zones, shipyard and dry dock facilities, real estate projects and a commodities exchange,
Aker Yards ASA reported a record high EBITDA of NOK 382 million for the second quarter of 2006, an increase of 59 percent compared with the second quarter of 2005. Order intake in the second quarter was NOK 4 669 million. In addition NOK 14 billion was added from the acquisition in France at closing
After a five-day cleanup effort, the Environmental Response Unit of the Canadian Coast Guard announced yesterday that 29,000 litres of oil, spilled in the port at Squamish, has either been recovered or washed up on shore. “The response organizations and the coast guard were all on scene within a cou
The Waverley is among the last sea-going steam ships in the world. She has hit the headlines again after running aground on Monday at Girvan Harbour during a routine summer excursion with 740 people on board. Clyde-built and launched in 1947, she replaced the previous Waverley which was sunk at Dunk
