10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • MacGregor mooring systems for Mermaid’s tender rigs

    14 October 2014
    Business & Finance, Equipment, Exploration & Production

    MacGregor, part of Cargotec, has won new contracts that will see electrically-driven versions of its mooring systems fitted to two new tender assist drilling rigs for Thailand-based Mermaid Maritime Public Company Limited.   The Self-Erected Drilling Tender (Hull No. CMHI (JS)-151-1 and Hull No. CMHI (JS)-151-2) are under construction at China Merchants Heavy Industry (Jiangsu) […]

  • Australia: Eni Secures Ensco Rig for Heron Drilling

    4 October 2011
    Business & Finance

    MEO Australia Limited has been advised by Eni Australia Ltd (“Eni”) as Operator of the NT/P68 Joint Venture, that a contract has been awarded to ENSCO Australia Pty Limited (“Ensco”) under which Ensco will  provide the jack-up drilling rig “ENSCO 109” and associated services in 2012 to support the Heron-3 drilling campaign in NT/P68 in […]

  • Concordia Maritime Takes Second 50000 DWT IMOIIMAX

    15 October 2015
    Business & Finance

    Swedish tanker owner and operator Concordia Maritime has taken delivery of the second 50,000 dwt IMOIIMAX tanker, Stena Important, from the Chinese shipyard Guangzhou Shipbuilding International. The chemical and product tanker Stena Important is part of a series of ten vessels ordered by Stena Bulk in 2012, two of which are owned by Concordia Maritime. Her […]

  • Expertise Hub VIDEO: Concrete Floating Foundations More Durable and Cost-Effective (Ideol)

    23 August 2017
    Business & Finance, Technology

    Building a floating foundation in concrete has shown to be a cheaper solution, not only construction-wise but with O&M taken into account as well, since the material is much more durable at sea – as learned from the offshore oil & gas industry – according to Bruno Geschier, Chief Sales & Marketing Officer at Ideol. 

  • Hornsea Project 2 Moves Through the System

    30 March 2016
    Authorities & Government

    On 16 March, the UK Planning Inspectorate (PINS) submitted a recommendation report on Hornsea Project Two to Energy Secretary Amber Rudd, who requested comments from Natural England and the Joint Nature Conservation Committee (JNCC) yesterday. After receiving findings and conclusions on the application from the PINS, the Energy Secretary has three months to make a decision on the application. Since […]

  • STL Research Gets Further Funding to Accelerate Development of ‘Neptune’

    20 December 2013
    Business & Finance

    STL Research announced that they have recently been awarded further funding by the UK’s innovation agency, the Technology Strategy Board to accelerate their project to develop an offshore personnel-access system. The system, called ‘Neptune’, will use a space-stabilised, articulated arm to safely transfer personnel and equipment to fixed offshore structures such as wind turbines and […]

  • Nautricity obtains grid-connected test berth at EMEC

    25 February 2015
    Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Technology

    Nautricity, a Scottish tidal turbine developer, will now have access to grid connected tidal test berth at the European Marine Energy Centre (EMEC). The announcement follows concluded sea trials of Nautricity’s CoRMat tidal energy converter and Hydrobuoy mooring system at EMEC’s Shapinsay Sound test site. The test berth that the company has secured is located […]

  • Natural Power Boosts US Offshore Wind Team

    5 August 2019
    Business & Finance, Human Capital

    Natural Power has appointed Matthew Filippelli to lead the company’s offshore wind services in the United States. Filippelli has taken over the position of Principal Engineer and Offshore Services Lead and will be based in the company’s New York office. “The US has a vast offshore wind energy resource, and as this market continues to gather […]

  • New Zealand: RCCNZ Continues to Monitor Fishing Boat that Caught Fire

    13 September 2012

      All 43 crew of the 64m New Zealand fishing boat Amaltal Columbia, owned by Talley’s, have abandoned ship and been transferred to two other fishing vessels following a fire on board, approximately 70km north-east of Lyttelton Heads. A total of 39 members of the crew are now safely on board the Russian fishing vessel, […]

  • Image of the Day: And Then There Were Twelve!

    19 September 2014
    Business & Finance

    Maersk Line has taken delivery of their 12th Triple-E vessel named Mogens Maersk. Maersk Line’s Chief Commercial Officer Stephen Schueler decided to memorialise the moment by snapping a few photos during the delivery ceremony at Busan Shipyard in South Korea. The Maersk Triple E class is a family of large, fuel-efficient container ships, designed as a successor […]

  • Tallink takes delivery of LNG-fueled shuttle ferry

    7 December 2022
    Business Developments & Projects, Vessels

    Tallink Superfast Ltd, a subsidiary of Estonian shipping company Tallink Grupp, has taken delivery of the new fast passenger ferry MyStar from Finnish shipbuilder Rauma Marine Constructions (RMC). Described as “the newest and most technologically advanced vessel on the Baltic Sea”, MyStar was delivered on 7 December and will start operating on 13 December from […]

  • Wyre Marine Wins Peel Dredging Deal

    3 May 2017
    Business & Finance

    The Isle of Man Department of Infrastructure has engaged a specialist contractor to dredge the outer harbor at Peel, according to the Isle of Man Government’s latest release. Work will start soon to remove sand deposits from the area around the breakwater, the lifeboat slipway and the groyne. This essential maintenance will support the safe operation […]

  • LS Marine Solution inks contract for Taipower Offshore Wind Project Phase II

    1 May 2025
    Business & Finance, Business Developments & Projects, Operations & Maintenance

    South Korea-based LS Marine Solution has signed a contract, worth approximately $15.8 million (about €13.8 million), to lay submarine cables for the Taipower Offshore Wind Project Phase II (TPC Changhua Phase II) in Taiwan. According to the company, the contract marks LS Marine Solution’s first win in overseas power grid projects and the first overseas […]

  • Princess Cruises to Pay USD 40 Mn for Oily Waste Dumping

    20 April 2017
    Business & Finance

    California-based cruise line Princess Cruises, part of Carnival Corporation, was sentenced to pay a USD 40 million penalty related to illegal dumping overboard of oil contaminated waste and falsification of official logs in order to conceal the discharges. Imposed by US District Judge Patricia A. Seitz in Miami on April 19, the sentence is the largest-ever for […]

  • UK: Wood Group Sees Growth in 2012

    15 December 2011

    Wood Group, the international energy services company, issues the following pre-close trading update for the year to 31 December 2011. Full year results for the year will be announced on 6 March 2012. Overall, the Group expects to deliver good growth, with performance for the year in line with expectations. Conditions in oil & gas […]

  • Maersk Group’s Q3 Profit Cut by Almost a Half

    6 November 2015
    Business & Finance

    Danish shipping and offshore energy conglomerate Maersk Group delivered a profit of USD 778m (USD 1.5bn) for the third quarter of 2015, negatively impacted by the lower oil price and lower average container freight rates, down 51% and 19% respectively compared to the same period last year. The return on invested capital (ROIC) was 7.6% […]

  • Swansea lagoon ruling ‘a manifest distortion of the truth’, TLP says

    10 July 2018
    Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Technology

    Tidal Lagoon Power (TLP) – the company behind the Swansea Bay tidal lagoon proposal – has called the UK department of energy’s statement on tidal lagoons ‘deliberately misleading’ following the release of an audit into the government’s comments.

  • PIRA Energy: End User Gas Demand to Be Higher This Summer in UK

    10 April 2013

    NYC-based PIRA Energy Group believes that the U.K.’s end user gas demand and storage injections will be higher this summer. In the U.S., January’s EIA 914 Survey data suggest structural declines have taken hold in overall natural gas output. In Algeria, Sonatrach announced the first LNG is being generated from the replacement train at Skikda. […]

  • BP Pleads Guilty for Deepwater Horizon Accident

    16 November 2012
    Business & Finance

      BP today announced that it has reached agreement with the United States government, subject to court approval, to resolve all federal criminal charges and all claims by the Securities and Exchange Commission (SEC) against the company stemming from the Deepwater Horizon accident, oil spill, and response. “All of us at BP deeply regret the […]

  • Norway: December Oil Production Misses Target

    16 January 2014
    Business & Finance

    The Norwegian Petroleum Directorate has announced that preliminary production figures for December 2013 indicate an average daily production of about 1 916 000 barrels of oil, NGL and condensate.   This is 12 000 barrels per day (about 0.7 percent) more than in November 2013. Total gas sales were about 10.2 billion Sm3, which is 0,8 GSm3 more than […]

  • Russia: South Stream Fully on Schedule

    16 February 2012
    Business & Finance

    Gazprom chairman Alexey Miller,  held a meeting on the South Stream project implementation. Taking part in the meeting were Leonid Chugunov, Head of the Project Management Department, Pavel Oderov, Head of the International Business Department, and Marcel Kramer, Chief Executive Officer of South Stream. The meeting participants reviewed in detail the project’s current status and […]

  • Norway: Expert Environments See Weaknesses in EU’s Offshore Safety Regulation

    20 July 2012
    Business & Finance

    “There is absolutely reason to question the conclusions used by the EU Commission as a basis for its proposed regulation for offshore safety and the effect of such a regulation,” says Alfred Nordgård in the Norwegian Oil Industry Association (OLF). In October 2011, the EU Commission submitted a proposed regulation for offshore safety in Europe. […]

  • DW: global LNG Capex to rise in 2016-2020, focus on liquefaction projects

    22 October 2015

    Douglas-Westwood forecasts capital expenditure on global LNG facilities will total $241 billion between 2016 and 2020, rising 34 percent compared to the preceding five-year period.

  • Rickmers Says Sulphur Switch Costly but Welcome

    11 September 2014
    Business & Finance

    Rickmers-Linie has issued a release declaring its support for the introduction of stricter sulphur regulations but expects that they will inevitably lead to an increase in the cost of marine fuels. “While shipping is already the most environmentally friendly mode of transport, the new regulations help to further reduce the impact on the environment and […]

  • Fairmount Marine’s Tug Assists Drifting Vessel off Cuba

    2 December 2011
    Business & Finance

    Fairmount Marine’s powerful tug Fairmount Alpine played an important role by preventing  a shipping disaster on the coast of Cuba. The crew of the Fairmount Alpine managed to connect with the drifting cargo vessel off Cuba and managed to tow the distressed vessel into safe waters. The cargo vessel was reported drifting off Cuba with […]