Shell and Schlumberger announced a multiyear research technology cooperation agreement focusing on improving the recovery factor of oil and gas reservoirs and extending the life of existing oil and natural gas fields. • Goal is to speed development of oil and gas resources to meet increasing demand
Wärtsilä, the marine industry’s leading solutions provider, has been awarded the contract to supply the propulsion equipment for a new, state-of-the-art, research vessel. The vessel will be operated by the UK’s Natural Environment Research Council (NERC), and is to be built at the C.N.P. Freire S.A.
EnCore Oil plc announces that the Transocean Galaxy II heavy duty jack-up rig left the standby location in the UK North Sea on Sunday 12 December and is en route to the Varadero location on Block 28/9. Subject to weather and any operational delays, the rig is expected to arrive at Varadero later tod
Lundin Norway AS, operator of production licence 400, has completed the drilling of wildcat well 3/8-1. The well was drilled about 7 kilometres east of the Trym discovery in the southern part of the North Sea. The primary exploration target for the well was to prove petroleum in Permian resevoir roc
Europe can meet its 2050 ambition of reducing its CO2-emissions by 80 per cent compared to 1990, in a faster and more cost-efficient way if natural gas plays a significant part in the energy mix going forward. In a report initiated by a group of experienced gas players in Europe and delivered to the
Wärtsilä’s electronic Annual Report 2009 has been selected best annual report in Europe. The prize was handed out at the European Excellence Awards ceremony in Prague, Czech Republic, on 9 December 2010. There were over 1,400 entries in the European Excellence Awards competition this year. The other
Dutch shipbuilding company Damen has launched a new Compact Stan Tug Series. With more than 40 years experience and expertise behind the three tug types, (the Stan Launch 804, Stan Tug 1004 and Stan Tug 1205), the vessels are designed to be strong, highly manoeuvrable and easily manageable for a one
During the period of 1-4 November 2010, the Petroleum Safety Authority Norway (PSA) carried out an audit of Transocean Offshore Ltd’s (Transocean’s) management of major accident risk and handling of barriers. The audit activity was started with an all-day meeting with the management on land on 21 Oc
Wind energy is developing itself to one of the world’s largest source of renewable energy. However, the erection wind energy converters (WEC) not only concerns efficient, environmental friendly generation of electricity. First and foremost, is the design of safe substructures for the ever greater di
Wind energy is developing itself to one of the world’s largest source of renewable energy. However, the erection wind energy converters (WEC) not only concerns efficient, environmental friendly generation of electricity. First and foremost, is the design of safe substructures for the ever greater di
“The toughest vessels in the world are the x-bows. And in the film world, the villain is the toughest. Therefore, an x-bow vessel is the villain in the latest ‘Elias’ animation. And that’s why we invited you to the cinema tonight”. These are John M. Jacobsen´s words. He is the producer of the animat
With a lifting capacity of a total of 2,000 tonnes and speed of 20 knots, it’s the world’s largest heavy lift vessel to date: SAL Schiffahrtskontor Altes Land puts the first of two new buildings of Type 183 into service. The company, which ranks among the leading international heavy lift shipping co
The corporate group is adding to its performance portfolio by setting up AMBAU Offshore GmbH Bremen, Germany: All flags will be flying in the offshore direction from December 1, 2010 because this is when AMBAU Offshore GmbH will be launching its business activities. AMBAU Offshore GmbH has a product
The corporate group is adding to its performance portfolio by setting up AMBAU Offshore GmbH Bremen, Germany: All flags will be flying in the offshore direction from December 1, 2010 because this is when AMBAU Offshore GmbH will be launching its business activities. AMBAU Offshore GmbH has a product