Business & Finance
ConocoPhillips Hires Maersk Resolve Jack-Up for UK North Sea Drilling
Denmark’s Maersk Drilling has signed a contract with ConocoPhillips for the jack-up rig MAERSK RESOLVE for work in the UK North Sea. The contract includes drilling of two wells with an estimated duration of 165 days. The contract value for the firm two-well period is approximately USD 26 million. Th
Germany: Transas Marine Releases 4-level ECDIS Concept
Transas Marine releases new 4-level ECDIS concept to suit all types of customers needs. The Transas Marine 4-level ECDIS concept is designed to provide an IMO compliant solution for the shipping companies. The new range of product packages Standard, Standard+, Premium and Premium+, features Transas
Ambitious Plans for European Offshore Wind Industry
The new era is coming for offshore wind in Europe. Investments in this industry are going to double in next ten years. It is the fastest rising industry at the moment. In 2010, approximately USD 82 billion investments in wind industry were recorded. There is a plan to reach USD 140 billion by 2020 a
Ambitious Plans for European Offshore Wind Industry
The new era is coming for offshore wind in Europe. Investments in this industry are going to double in next ten years. It is the fastest rising industry at the moment. In 2010, approximately USD 82 billion investments in wind industry were recorded. There is a plan to reach USD 140 billion by 2020 a
BIMCO Calls for Tighter International Regulation of World Shipping
A Baltic and International Maritime Council (BIMCO) study has called for tighter regulation of shipping on a global basis that will take practical and pragmatic steps to enhance the environment. The study also sought more concerted action to suppress piracy and an end to persecution of seafarers inv
Norway: Det Norske Gets Drilling Permit for Storebjorn
The Norwegian Petroleum Directorate approved yesterday Det norske’s drilling program for the drilling of the Storebjørn prospect. Storebjørn is located in production license 450 in the southern North Sea. The prospect is located near existing infrastructure on the Ula and Gyda fields. The wellbore i
PGS’ Ramform Valiant Starts Seismic Survey Offshore Angola
The Ramform Valiant, a seismic vessel owned and operated by Petroleum Geo-Services ASA, has started acquisition of over 26,000 km² of GeoStreamer® data in five blocks in the Kwanza/Benguela Basins in Angola. The size of the survey area corresponds to an area slightly larger than Massachusetts or Wal
TWMA Becomes Member of Decom North Sea (UK)
TWMA has become a member of Decom North Sea (DNS), the offshore oil & gas decommissioning forum. DNS has grown since its inception in 2009, to have over 160 members drawn from operators, major contractors, service specialists and technology developers. With annual decommissioning expenditure in the
Vroon’s new AHTS Bound for Singapore Market
Vroon Offshore Services (VOS), a shipping company established a century ago in the Port of Breskens, the Netherlands, have taken delivery of a new addition to their offshore fleet. The vessel VOS Athena, 59.25 m in lenght, was delivered from the Fujian Southeast Shipyard in China at approximately 11
Norway: Seven Oil Companies Purchase NPD’s Seismic Data Package
Seven oil companies have purchased the Norwegian Petroleum Directorate’s seismic data package from Lofoten and Vesterålen, and several more have indicated their interest. The seven oil companies that have purchased the seismic data package are Statoil, ExxonMobil, Norske Shell, RWE Dea Norge, GDF Su
ABB Commissions Subsea Power Link Between Finland and Sweden
ABB, the leading power and automation technology group, has successfully commissioned a power link between Finland and Sweden. The HVDC (high-voltage direct current) Fenno-Skan 2 link is a cable-based power transmission system that enables the exchange of an additional 800 MW of power between the tw
Norway: GDF SUEZ E&P Norge Completes Replacement of Gjøa Riser
The Gjøa gas export riser replacement project has completed its activities within less than 10 months. The Gjøa facility is now producing according to current reservoir production potential. – The execution of the project went very well, thanks to careful planning and strict coordination, plus the a
Norway: New Gas Export Riser for Gjoa
The Gjøa gas export riser replacement project has completed its activities within less than 10 months, reported the field operator GDF Suez. The Gjøa facility is now producing according to current reservoir production potential. “The execution of the project went very well, thanks to careful plannin
Norway: Seven Oil Companies Buy NPD’s Seismic Data Package
The Norwegian Petroleum Directorate today reported that seven oil companies have purchased it’s seismic data package from Lofoten and Vesterålen, and several more have indicated their interest. The seven oil companies that have purchased the seismic data package are Statoil, ExxonMobil, Norske Shell