Business & Finance
Norway: Havyard Group Starts New Training Programme for Youths
Havyard Group AS has this summer started a new training programme where 10 youths will be working alongside Havyard staff for two weeks. This introduction programme has been introduced in order for the youngsters to learn more about the company and the shipbuilding industry. The 10 youths are from t
UK: BP, Co-Venturers Approve Kinnoull Field Development in North Sea
On behalf of its co-venturers BP announces an agreement to invest up to £700 million (USD 1.128 billion) to progress a project to develop the Kinnoull reservoir in the central North Sea. Kinnoull is the largest of three reservoirs that are being developed as part of the Andrew Area developments proj
Ferguson Group Opening New Offices Worldwide
The Ferguson Group, specialists in the rental of containers, accommodation modules and engineering modules to the offshore energy industry around the world, is expanding its international presence in response to customer demand for its products. Over the coming months, a new base will open in Dubai,
Rolls-Royce Gets PSV Design Order from Norwegian Shipbuilder Simek AS
Rolls-Royce, the global power systems company, has won an order from Norwegian ship builder Simek AS to design and equip a UT755 LC platform supply vessel. The contract includes a fully integrated Rolls-Royce power and propulsion system including main engines, propellers and tunnel thrusters. Deck m
OCTOPUS-DP Capability Forecast Software Exceeds Amarcon’s Expectations (The Netherlands)
In 2010 Amarcon’s OCTOPUS-DP Capability forecast for efficient offshore DP operations was brought to the market. The OCTOPUS-DP functionality gives offshore vessels the possibility to make optimum use of a safe time window for their weather-sensitive operations. The first installation of the OCTOPUS
The Netherlands: Interest in OCTOPUS-DP Software Exceeds Expectations, Amarcon Says
In 2010 Amarcon’s OCTOPUS-DP Capability forecast for efficient offshore DP operations was brought to the market. The OCTOPUS-DP functionality gives offshore vessels the possibility to make optimum use of a safe time window for their weather-sensitive operations. The first installation of the OCTOPUS
Gazprom Start Pumping Gas into Nord-Stream Pipeline Between Russia and Germany
OAO Gazprom will start pumping gas into a $10 billion subsea natural-gas pipeline from Russia to Germany, bypassing Ukraine, where disputes… (Bloomberg) [mappress] Source: Bloomberg, September 06, 2011;
The Netherlands: Interest in DP Capability Forecast Software Exceeds Amarcon’s Expectations
In 2010 Amarcon’s OCTOPUS-DP Capability forecast for efficient offshore DP operations was brought to the market. The OCTOPUS-DP functionality gives offshore vessels the possibility to make optimum use of a safe time window for their weather-sensitive operations. The first installation of the OCTOPUS
Rolls-Royce Bags PSV Design Order from Simek AS, Norway
Rolls-Royce, the global power systems company, has won an order from Norwegian ship builder Simek AS to design and equip a UT755 LC platform supply vessel. The contract includes a fully integrated Rolls-Royce power and propulsion system including main engines, propellers and tunnel thrusters. Deck m
Osprag Reveals New Oil Well-Capping Device at Offshore Europe 2011 (UK)
A major piece of new equipment, designed to be a key element of the UK offshore oil and gas industry’s oil spill response capability, has been constructed, tested and is available for deployment. The capping device is to be revealed today (6 September) by Energy Minister, Charles Hendry MP, at the S
UK: Aubin Successfully Completes GLS Field Trials
Aubin, a leading independent supplier of specialist chemicals to the energy industry, has successfully completed offshore sea trials for the recently launched Gel Lift System (GLS). GLS, a potentially game-changing new product that could save millions of pounds when installing offshore renewables in
Norway: Noreco Reports August Production of 3.995 BOEPD
Norwegian Energy Company ASA (Noreco) in August 2011 produced 3,995 barrels of oil equivalents (boe) per day. Net realized oil price was USD 110 per boe after adjustments for oil put options, inventory, NGL and gas prices. Production per field (boe): Nini East – 2.287 Nini – 950 Cecilie – 354 Lulita
UK: M-I SWACO Announces Release of WELL SCAVENGER at Offshore Europe 2011
M-I SWACO announced at the Offshore Europe 2011 Oil and Gas Conference and Exhibition the release of the WELL SCAVENGER* vacuum debris removal tool, which is designed specifically to capture and remove debris from the wellbore during intervention activities. Wellbore conditions can create inefficien
Russian Maritime Register of Shipping and Greek Shipowners Suffer from Deceit
Russian Maritime Register of Shipping (RS) will officially inform that having no authorization to carry out ships’ surveys and to issue the RS documents, RS HELLAS LTD, the former RS agent in the Republic of Greece, has issued false classification certificates using forms of documents similar to the