Business & Finance
Rolls-Royce to Design and Equip PSV Vessels for Korean Shipbuilder
Rolls-Royce, the global power systems company, has today received an order from Korean shipbuilder Hyundai Mipo Dockyard Co, Ltd. to design and equip four deepwater platform supply vessels. The contract is worth more than £45 million to Rolls-Royce and includes options for a further two vessels of t
Ireland: Barryroe Flow Rates Exceed Pre-Drill Target
As expected, laboratory reservoir fluid analysis confirms that the oil is light with a gravity of 42 o API and a wax content of 20%. The oil is highly mobile with an in-situ reservoir viscosity of 0.68 centipoises and a gas-oil ratio of c. 800 SCF/STB.
The Netherlands: OWS Acquires Offshore Wind Power Marine Services
Rotterdam based Offshore Wind Services BV (OWS) announces the acquisition of one of the best known operators in the offshore wind crew transfer industry; North Wales based Offshore Wind Power Marine Services Ltd. (OWPMS). OWPMS has been providing crew transfer services since 2003 and has been instru
UK: Wood Group Kenny Lands EFA from Shell for SURF, FEED Services Worldwide
Wood Group Kenny has been awarded an Enterprise Frame Agreement (“EFA”) by Shell Global Solutions International BV (“Shell”) to provide subsea, umbilical, riser and flowline (SURF) engineering and construction management services to Shell worldwide, with primary focus on the Asia Pacific region, alo
UK: Natural Power and SeaRoc Jointly Encourage Wave and Tidal Industry Growth
Leading international renewable energy consultancy Natural Power and marine engineering specialists SeaRoc are opening a new office in Orkney, establishing a new joint presence for the companies to support the development of marine projects and encourage the growth of the wave and tidal energy indus
Norway: February Production Down 26.000 Barrels
The Norwegian Petroleum Directorate, a governmental specialist directorate and administrative body today released preliminary production figures for February 2012. The figures for February 2012 indicate an average daily production of about 2 082 000 barrels of oil, NGL and condensate. This is a decr
UK: Coretrax’s Expansion in Aberdeen
Aberdeen-based oilfield service company Coretrax Technology Ltd has recruited 3 new staff bringing its team in Aberdeen to twelve. Chris Calder joins as Operations Manager from Halliburton Energy Services. Chris, who has a MEng in Mechanical Engineering from Strathclyde University, brings several ye
UK: Coda Octopus Products and Seatronics Pen Echoscope TAP Agreement
During Oceanology International, Coda Octopus Products and the world’s largest marine electronic equipment rental company, Seatronics, have signed an agreement with an initial investment worth over $1.5m to increase the number of Echoscope® systems available for rental worldwide through a joint Tech
USA: International Shipholding Corporation Sells Two Car Carriers
International Shipholding Corporation announced today that it has entered into an agreement with Norwegian Car Carriers ASA for the sale of two of its International Flag Pure Car Truck Carriers. The transaction is scheduled to close by the end of the first quarter and will generate proceeds of appro
UK: Tullow’s 2011 Revenues Rise 111 pct
Tullow Oil plc (Tullow), the independent oil and gas exploration and production, quoted on the London and Irish Stock Exchanges, says that 2011 was a very good year for the company. The Group that has interests in over 90 exploration and production licences across 22 countries and focuses on four co
Denmark: EIVA and AML Oceanographic Sign Cooperation Deal
EIVA and AML Oceanographic (formerly Applied Microsystems) have signed a distributor agreement with the aim of EIVA reselling the AML Oceanographic product line. EIVA will provide the AML Oceanographic products comprising CTD, sound velocity, and environmental instrumentation in its integrated surve
UK: Neptune Proteus Tidal Energy Device to Supply Electricity to The Deep
Powerful Humber tides are to light up one of the world’s most spectacular aquariums. In a new advance for marine renewable energy, the Neptune Proteus tidal stream energy device will supply electricity from April to The Deep, Hull’s iconic visitor attraction and research centre. The full-scale demon
Review of EU Directive Regarding Sulphur Content in Marine Fuels
The Ports of Hamburg, Antwerp and Rotterdam expressed their satisfaction with the European Parliament resolution to transpose international legislation regarding sulphur content in marine fuels into European legislation. This fits within the objectives of the three largest European ports to improve
Norway: Viking Lady OSV Gets Hybrid Energy System
A true hybrid energy system is currently being developed for installation on board the offshore supply vessel Viking Lady. An impressive battery pack for energy storage will soon be installed. When the new system is complete, the operation of the engine will be more smooth and cost effective giving