Business & Finance
Nord Stream Conducts Load Tests of Line 1
As part of the ongoing ramp-up phase and as preparation for the operation of Nord Stream as a twin-pipeline gas transportation system, Nord Stream AG is conducting load tests for Line 1. Over the past three days Line 1 has been operating at full capacity of app. 75 million cubic meters per day which
Nord Stream AG Tests Line 1
As part of the ongoing ramp-up phase and as preparation for the operation of Nord Stream as a twin-pipeline gas transportation system, Nord Stream AG is conducting load tests for Line 1. Over the past three days Line 1 has been operating at full capacity of app. 75 million cubic meters per day which
Fred. Olsen Production: No Go for FPSO Deal in Vietnam
Norway’s Fred. Olsen Production ASA has announced that a letter of intent (LOI) for an FPSO charter contract, in which the company entered with Petrovietnam in December 2011, has expired. Under the LOI, Fred. Olsen Production and Marubeni of Japan were supposed to be awarded contracts for the constr
Eco Wave Power Installs Wave Energy Power Plant in Black Sea
Eco Wave Power has successfully installed a medium-scale wave energy power plant, in the Black Sea, during the month of April, 2012. The installation of EWP’s system, took place during that month in recognition of the international Mother Earth Day, celebrated in more than 175 countries every year.
Carbon Trust to Run Scottish GBP 18 Million Marine Energy Scheme
Carbon Trust will help run a new multi-million pound fund to help develop Scotland’s first commercial wave and tidal power arrays. Addressing the AllEnergy conference in Aberdeen, First Minister Alex Salmond launched Scotland’s Marine Renewables Commercialisation Fund (MRCF). The First Minister said
Carbon Trust to Run Scottish GBP 18 Million Marine Energy Scheme
Carbon Trust will help run a new multi-million pound fund to help develop Scotland’s first commercial wave and tidal power arrays. Addressing the AllEnergy conference in Aberdeen, First Minister Alex Salmond launched Scotland’s Marine Renewables Commercialisation Fund (MRCF). The First Minister said
UK: Two Macduff Designed DOT Tugs Complete Sea Trials
In May 2012, the two 23m DOT tugs commissioned by Poet, Singapore, completed their trials. The tugs, designed by the Macduff Ship Design, are the largest so far specifically designed around the Mampaey DOT system. The Mampaey Dynamic Oval Towing (DOT) system is a 360 degree all around towing system.
UK: Hydro Group Receives Financial Support for New Subsea Connector
Aberdeen-based Hydro Group, a designer and manufacturer of underwater cables and connectors for global subsea, topside and onshore applications, has been awarded £1million in financial support from the European Commission’s Research Executive Agency (REA). The company predicts a 20% increase in turn
UK: Hydro Group Gets Funding for Product Development
Aberdeen-based Hydro Group, a designer and manufacturer of underwater cables and connectors for global subsea, topside and onshore applications, has been awarded £1million in financial support from the European Commission’s Research Executive Agency (REA). The company predicts a 20% increase in turn
UK: Iberdrola Focuses on Offshore Wind Future
Iberdrola is committed to promoting offshore wind power as one of the basic pillars in its future growth. It is determined to spearhead the development of this technology, which it considers to be the second revolution in renewable energies, just as it did in the case of onshore wind power, where it
UK: Aubin Launches Renewables Installation System at All Energy
Aubin, a leading independent supplier of specialist chemicals to the energy industry, is launching a new installation system for the renewables market at this year’s All Energy exhibition. The new Hybrid Gel system, which can be seen in action at stand AB7 in the Aberdeen City & Shire Pavilion at Al
GSP Secures Drilling Contract for Its Jack-Up Rig Offshore Romania
MODU GSP Prometeu provides offshore light workover, support for well services and accommodation services under a new contract with OMV – Petrom. The offshore drilling rig operates on the Romanian Black Sea continental shelf. GSP Prometeu will operate under the current contract until October 2012. GS
The Netherlands: Total Awards Extensive Platform IRM Contract to Bluestream Offshore
For the second year in a row Bluestream has been awarded the yearly inspection, repair and maintenance program of 21 platforms and 10 subsea domes in the Dutch sector of Total E&P Nederland B.V.. This yearly campaign consists of 3 major phases. All work will be conducted from DSV VOS Shelter. The VO
The Netherlands: Bluestream Offshore Wins Total E&P IRM Contract
For the second consecutive year Bluestream has been awarded the yearly inspection program of 21 platforms and 10 subsea domes in the Dutch sector of Total E&P Nederland B.V. This yearly campaign consists of 3 major phases. All work will be conducted from DSV VOS Shelter. The VOS Shelter was mobilize