Business & Finance
Russia: Gazprom Speeding towards South Stream Construction Start
Alexey Miller, Chairman of the Gazprom Management Committee moderated a meeting Friday at the Company’s headquarters. The meeting was focused on the South Stream project implementation. Pursuant to the assignment by Vladimir Putin, Prime Minister of the Russian Federation, a decision was made to sig
EEEGR CEO to Step Down (UK)
John Best, the founder and face of EEEGR (the East of England Energy Group), is to stand down as chief executive after 11 years to take on a new job. He will move to an executive management position as Head of Sustainable Energy,UKwith Norfolk-based Fendercare Marine. EEEGR chairman Alan Barlow said
EEEGR CEO to Step Down (UK)
John Best, the founder and face of EEEGR (the East of England Energy Group), is to stand down as chief executive after 11 years to take on a new job. He will move to an executive management position as Head of Sustainable Energy,UKwith Norfolk-based Fendercare Marine. EEEGR chairman Alan Barlow said
South Korea: PARAT’s Composite Boilers for STX Pan-Ocean’s New Vessels
Korea based STX Pan-Ocean has selected to use STX-PARAT boilers in all their new vessels currently being built at the STX Shipyard in Changwon, Korea and STX Dalian in China. The vessel type is 57.000 dwt Open Hatch General Cargo Vessel and the boiler capacity is 1200kgs/hr in the oilfired section a
ST SPARTAN Completes Towage of NB Hull from Turkey to Norway
The Gigilinis Shipping Group’s tug S/T SPARTAN completed another towage of a N/B Hull from Yalova, Turkey to Leirvik, Norway. The voyage, which lasted just over 30 days, proved to be especially challenging due to very bad weather conditions encountered along the way. Nevertheless, the crew of S/T SP
Norway: DNV Develops New Deep-Water Pipeline Concept
DNV has developed a new pipeline concept, called X-Stream, that can significantly reduce the cost of a deep- and ultra-deepwater gas pipeline while still complying with the strictest safety and integrity regime. X-Stream is based on established and field-proven technologies which have been innovativ
Norway: Lundin Gets Permit for Appraisal Drilling in PL 501
The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 16/2-11, cf. Section 8 of the Resource Management Regulations. Well 16/2-11 will be drilled from the Bredford Dolphin drilling facility at position 58°48’13.06’’N 02°33’19.92’’E following completion of drilli
Russia: Yaroslavl Shipyard Holds Keel-Laying Ceremony for Landing Boat
Solemn keel-laying ceremony of Project 21820 landing boat (serial number 701) took place at Yaroslavl Shipyard on Jan 18. The contract for construction of such boats was tied between JSC Yaroslavl Shipyard and Russian Defense Ministry on June 23, 2011. Developing organization is the Alekseyev Hydrof
Norway: Government Approves Statoil’s Skuld Plans
The Norwegian Ministry of Petroleum and Energy today, 20 January, approved Statoil’s plan for development and operation (PDO) of Skuld, a fast-track development tied in to the Norne field in the Norwegian Sea. Skuld is Statoil’s fifth approved fast-track PDO, and the largest fast-track development s
Norway: Statoil Gets Green Light for Skuld PDO
The Ministry of Petroleum and Energy today, 20 January, gave the green light to the plan for development and operation (PDO) of Skuld, a fast-track development tied in to the Norne field in the Norwegian Sea. Skuld is Statoil’s fifth approved fast-track PDO, and the largest fast-track development so
UK: DNV Develops X-Stream, New Deep-Water Pipeline Concept
DNV has developed a new pipeline concept, called X-Stream, that can significantly reduce the cost of a deep- and ultra-deepwater gas pipeline while still complying with the strictest safety and integrity regime. X-Stream is based on established and field-proven technologies which have been innovativ
South Korea: Doosan Secures Major Contract from Maersk
Recently, Doosan Engine won a record order from the Danish company A.P. Moller Maersk, the world’s largest marine shipper. The W323 billion (approx USD 284.2 million) contract is for the delivery of 120 engines (40 main and 80 auxiliary) to be installed in twenty ultra-large containerships built by
Norway: BP and Winch Tests for AHTS Brage Viking
On the 18th January 2012, the newly built AHTS Brage Viking arrived directly from the yard in Spain, to do some quick release and winch-testing at the Bollard Pull outside Flekkefjord. She arrived in Flekkefjord early in the morning on the 18th January, and they started testing around 5:00 PM. They
Norway: Power from Mainland for Hild and Luno Felds?
Minister of Petroleum and Energy Ola Borten Moe received the Plans for development and operation (PDO) for the oil and gas discoveries Hild and Luno Thursday. Total is the operator of the Hild development, and Lundin is the operator of Luno. – Through these developments, two new companies will becom