Business & Finance
Norway: SinOceanic Shipping Takes Delivery of VLCV MSC Vega
SinOceanic Shipping ASA, took delivery of Very Large Container Vessels (VLCV) MSC Vega (13,100 TEU) today and she is placed on a 15 year charter with MSC, the 2nd largest container line in the world. The second vessel (“MSC Altair”) will be delivered in late February 2012, and the third vessel (“MSC
Norwegian Gas Deliveres Down, Pipeline Operator Says
An overview from a Norwegian state owned company that operates 7,800 kilometres (4,800 mi) of natural gas pipes Gassco shows that 94.2 billion standard cubic metres (scm) of natural gas were transported from the Norwegian continental shelf (NCS) in 2011. These volumes went to receiving terminals in
Finland: Cargotec Develops Automatic Twistlock by Maersk Performance Criteria
Cargotec, in collaboration with the shipping giant A.P. Møller-Maersk A/S (Maersk), has developed a new, safe and efficient MacGregor C8A fully automatic dual-function twistlock. Cargotec is the only provider whose design met the twistlock performance criteria set by Maersk. During 2011 the new MacG
Chevron Spuds P2-10 Well Offshore Netherlands
Xtract Energy has recently been advised by Chevron that the Noble Byron Welliver is now on site at the P2-10 drilling location and the well has spudded. P2-10 drilling was expected to begin in early December 2011 but the rig move was delayed due to the weather conditions that prevailed throughout De
UK: ITF Announces Technology Investment Plans for 2012
ITF, the global oil and gas technology facilitator, has announced the challenges that its membership of operator and service companies want to see tackled as priorities in 2012. Up to 100% funding will be available for the right solutions to some of the industry’s most pressing challenges and ITF ai
USA: Technip Buys Four ROVs from Forum Energy
Forum Energy Technologies, Inc. has sold four Perry XLX Generation 2 (G2) Work-Class Remotely Operated Vehicles (ROVs) to Technip. French based Technip, a company which is a world leader in project management, engineering and construction for the energy industry, will deploy two of the vehicles in S
UK: Odfjell Drilling Secures Significant Contract with BP
Odfjell Drilling has been awarded a significant pre-contract award with BP for the provision of a new build, semi-submersible drilling unit for use in the UK’s West of Shetland region. The contract value is approximately $1.2 billion, excluding options, and represents the largest contract in Odfjell
Norway: PSA Inspects West Elara for Emergency Preparedness
Norwegian governmental supervisory body, the Petroleum Safety Authority Norway (PSA) conducted an audit of how emergency preparedness aspects are reviewed on board the West Elara jack-up rig. The objective of the audit activity was to verify the organisation and management system on the facility as
Hydroid Upgrades UK Ministry of Defence’s REMUS AUV Fleet
Hydroid, Inc., a subsidiary of Kongsberg Maritime, the leading manufacturer of Autonomous Underwater Vehicles (AUVs), announced that it has received a contract to deliver upgrades to the United Kingdom Ministry of Defence’s current fleet of REMUS 100 vehicles. BlueView Technologies 3D MicroBathymetr
UK: Largest Contract in Odfjell Drilling’s History
Odfjell Drilling has been awarded a significant pre-contract award with BP for the provision of a new build, semi-submersible drilling unit for use in the UK’s West of Shetland region. The contract value is approximately $1.2 billion, excluding options, and represents the largest contract in Odfjell
UK: Technip Takes Part in Golden Eagle Development
Technip, a French based provider of project management, engineering, and construction services for the oil and gas industry was awarded by Nexen Petroleum U.K. Limited a lump sum contract, worth approximately €135 million ( $ 172 million), for the Golden Eagle development located 110 kilometers Nort
UK: Technip Signs EUR 135 Million Contract for Golden Eagle Development
Technip was awarded by Nexen Petroleum U.K. Limited a lump sum contract, worth approximately €135 million, for the Golden Eagle development located 110 kilometers North-east of Aberdeen in 115 meters of water. This contract is the largest ever awarded to Technip for a project in the United Kingdom C
Four Tanker Operators Form New Market Leading VLCC Pool
The pool agreement governing the formation of a market leading VLCC pool has now been signed by the four partners. Morten Pilnov, Maersk Tankers, will be the Managing Director for Nova Tankers Pool. In this connection, the pool management company, Nova Tankers A/S, has been incorporated with Kazunor
Belgium: Safmarine Announces New Appointments
Safmarine has announced the appointment of Grant Daly as its new CEO, effective February 1, 2012. South African-born Daly, currently Safmarine’s Head of MPV (Multi-Purpose Vessel) unit, replaces Tomas Dyrbye, who has been Safmarine’s CEO for the past two and a half years. Daly joined Safmarine 17 ye