Business & Finance
Greece: GL’s Exchange Forum – Environmental Updates for Maritime Industry
GL’s Exchange Forum on “Environmental Updates for the Maritime Industry” looked at the vital task of reducing the maritime industry’s environmental impact. With concern over the international economic situation dominating the headlines, the tendency is for environmental issues to take a back seat. T
UK: Enquest Buys Further into Kraken
EnQuest PLC (‘EnQuest’) today announces that it has agreed with Nautical Petroleum plc (‘Nautical’) to acquire a 25% interest in the Kraken oil discovery, together with interests in surrounding exploration acreage. This agreement, by which EnQuest will also become the operator of the proposed develo
UK: Valiant to Submit Fionn Field FDP in 1H 2012
Antrim, an international oil and gas exploration and production company headquartered in Calgary, Canada, today announced that it has signed an agreement with Valiant Petroleum plc to proceed with early installation of subsea facilities for the development of the Fionn Field in the UK Northern North
Gazprom Buys 3 BCM of Gas from Azerbaijan
Yesterday in Krasnaya Polyana Alexey Miller, Chairman of the Gazprom Management Committee and Rovnag Abdullayev, President of the State Oil Company of Azerbaijan Republic (SOCAR) signed in the presence of Russian President Dmitry Medvedev and Azerbaijani President Ilkham Aliev an addendum to the eff
Expro Supports Maersk Oil UK’s North Sea Ops
Leading international oilfield services company Expro has recently secured a multi-million pound contract win with global oil and gas company Maersk Oil. The contract involves providing surface well testing, clean-up services and large bore subsea safety systems for Maersk Oil UK’s contracted mobile
Expro Wins Multi-Million Pound Contract from Maersk Oil UK
Leading international oilfield services company Expro has recently secured a multi-million pound contract win with global oil and gas company Maersk Oil. The contract involves providing surface well testing, clean-up services and large bore subsea safety systems for Maersk Oil UK’s contracted mobile
Quantum Energy Plans to Link Israel, Cyprus and Greece via Subsea Cable
Quantum Energy Ltd, an electricity company controlled by Athens-based Public Power Corporation SA, plans to build a cable connecting Israel… (ekathimerini) [mappress] Source: ekathimerini , January 24, 2012;
Italy: EMSA Vessel to Assist SMIT Salvage with Bunker Oil Removal from Costa Concordia
The EMSA-contracted Stand by Oil Spill Response Vessel Salina Bay arrived this weekend on site of the Costa Concordia to assist SMIT Salvage, who is in charge of the bunker removal and pollution response operations. Preparations are on-going for the removal of the bunker oil from the grounded cruise
Norway: PSA Conducts Audit of BG Norge’s Management of Knarr Field
On 8 December 2011, the Petroleum Safety Authority Norway (PSA) conducted and audit of BG Norge’s (BG) management of the Knarr field development. Objective The objective of the audit was to inspect the company’s compliance with health, safety and environment requirements in connection with the Knarr
Norway: Great Interest in 22nd Licensing Round
The Ministry of Petroleum and Energy has received proposals from 37 companies regarding blocks which the companies wish to see included in the 22nd licensing round. A total of 228 blocks and partial blocks have been nominated in the 22nd licensing round, 107 of which were nominated by two or more co
UK: ISS Launches State-of-The-Art Anti-Piracy Solution
Inchcape Shipping Services (ISS), the world’s leading maritime services provider, and Vessel Protection Solutions (VPS) announced the launch of a new anti-piracy partnership that will provide the ultimate protection for vessels and their crews while operating in known piracy regions. The solutions w
VideoRay Delivers Mini-ROV Fleet to Dutch Navy
On January 10, 2012 VideoRay LLC of Phoenixville, PA, along with Dutch partner Nautikaris BV of Ijmuiden, Netherlands, completed the site acceptance test of four VideoRay Pro 4 submersible systems with spare parts, accessories, and custom modifications. Training for operators and repair personnel wi
Greece: Navios Maritime Announces Delivery of New LR1 Product Tanker
Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced that the Nave Estella, an LR1 Product Tanker of 75,000 dwt, was delivered on January 20, 2012 from a South Korean shipyard. The Nave Estella has commenced a 3-year charter-out at a net rate of $11,850 with 90
Hoegh LNG Wins Tender for New FLNG Unit in Lithuania
Höegh LNG said today that it has been informed by AB Klaipedos Nafta that it has the winning tender offer for a new LNG floating storage and regasification unit in Lithuania. A mandatory standstill period according to the Law on Public Procurement of the Republic of Lithuania is now in force and wil