Business & Finance
The Netherlands: Successful Naming and Launch Ceremony for ARTEMIS
IHC Merwede has successfully named and launched the self-propelled cutter suction dredger, ARTEMIS, in a ceremony on 30 June 2012 at its shipyard in Sliedrecht, The Netherlands. The ARTEMIS, which is being manufactured for Van Oord, is one of the largest cutter suction dredgers ever built in The Net
Carnegie Wave Energy Welcomes Australian Carbon Pricing Mechanism
Wave energy developer Carnegie Wave Energy Limited welcomes the commencement of the Australian Carbon Pricing Mechanism which forms part of the Australian Government’s Clean Energy Future package. The Australian Carbon Pricing mechanism has introduced a price on carbon for the largest carbon emitter
Prospector Offshore Drilling Extends Options for 5 Rigs (China)
Prospector Offshore Drilling S.A. announced today an agreement with Dalian Shipbuilding Industry Offshore Co., Ltd. (“DSIC Offshore”) to extend the expiry dates on its three rig construction option agreements with DSIC Offshore that were previously due to expire on 30 June 2012. The first of these r
USA: SeeByte Appoints New Senior Engineer
SeeByte, the global leader in creating smart software technology for unmanned systems, welcomed Dr Jaehoon Lee as the company’s newest Senior Engineer. Jaehoon joins SeeByte from Wintec Inc. where he held the position of Senior Systems Engineer for the past five years. Now based in San Diego, Jaehoo
BOP Problems at ConocoPhillips’ Boreas Well (Australia)
Karoon Gas Australia Ltd advises that at 06:00 hours (WST) today, mechanical repair of the Blowout Preventers (“BOP”) was being undertaken. Upon completion of the repairs, the BOP and marine riser will be re-run to the sea floor to allow drilling of the 8-1/2” hole section to proceed. Since the last
NOAA: New Water Sensors Monitor Water Quality in Monterey Bay
A new network of water sensors in Monterey Bay is now aiding the abalone industry by monitoring water quality for harmful… [mappress] Source: NOAA , July 02, 2012
U.A.E: Dubai Petroleum Awards EPIC Contract to Technip
Technip was awarded by Dubai Petroleum an engineering, procurement, installation and commissioning (EPIC) contract for the South West Fatah and Falah fields, located 90 kilometers offshore Dubai, United Arab Emirates, at a water depth up to 53 meters. The contract scope includes the replacement of a
Dockwise Buys More Fairstar’s Shares (The Netherlands)
Dutch marine transport specialist Dockwise today announces that, through its wholly-owned subsidiary Dockwise White Marlin B.V., Dockwise now controls 80.4% of the outstanding shares of Fairstar Heavy Transport N.V. (“Fairstar”). Over the weekend shares were bought from various shareholders includin
Belgium: Antwerp, Dalian Port Authorities Ink MoU
Antwerp Port Authority has signed a Memorandum of Understanding with Dalian Port Authority. In the MoU both parties express the desire to extend their collaboration and to boost trade between the two ports. For this purpose they have undertaken to exchange know-how and experience, in particular in t
Technip Wins Subsea Gig in UAE
France-based oilfield services provider Technip was awarded by Dubai Petroleum an engineering, procurement, installation and commissioning (EPIC) contract for the South West Fatah and Falah fields, located 90 kilometers offshore Dubai, United Arab Emirates, at a water depth up to 53 meters. The cont
Subsea 7 Bags SURF Contract for Knarr Field (Norway)
Subsea 7 S.A. announced today the award of a SURF contract valued at approximately $400 million from BG Norge Limited, for the development of the Knarr field, in the Norwegian Sector of the North Sea. The contract is for the engineering, procurement, construction and installation of a 4.5 km flowlin
Subsea 7 SURFs on BG’s Knarr Field Offshore Norway
Subsea 7 S.A. announced today the award of a SURF contract valued at approximately $400 million from BG Norge Limited, for the development of the Knarr field, in the Norwegian Sector of the North Sea. The contract is for the engineering, procurement, construction and installation of a 4.5 km flowlin
Dutch Fugro Takes Delivery of Q1400 Trenching System
Fugro Salt Subsea took delivery of the first of their two “state-of-the-art” High Performance Q1400 Trenching Systems from manufacturer Soil Machine Dynamics Ltd (SMD) in June this year. The second system is due for delivery in September 2012. The Q1400 Trenching System will undertake comprehensive
Allied Buys Stake in Two Offshore Blocks in Nigeria
CAMAC Energy Inc.on Friday announced that Allied Energy PLC, an affiliate of the Company’s largest shareholder, has closed the previously announced transaction to acquire the 40% working interest in Nigerian OMLs 120 and 121 (the “OMLs”) from Nigerian Agip Exploration (“NAE”), a subsidiary of Eni Sp