Business & Finance
Russia: Gazprom, E.ON Meeting Addresses Bilateral Cooperation
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Dr. Johannes Teyssen, Chairman and Chief Executive Officer of E.ON took place on Friday as part of St. Petersburg International Economic Forum 2012. The meeting addressed the bilateral cooperation outlook placi
UK: Technip Wins Development Contract for Alma and Galia Fields
Technip was awarded by EnQuest Britain Limited a contract for the development of the Alma and Galia fields, located 310 kilometers Southeast of Aberdeen, United Kingdom. The fields, which will be tied back to the EnQuest Producer floating production storage and offloading unit (FPSO), are located at
Gazprom, E.ON Meeting Addresses Bilateral Cooperation (Russia)
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Dr. Johannes Teyssen, Chairman and Chief Executive Officer of E.ON took place Friday as part of St. Petersburg International Economic Forum 2012. The meeting addressed the bilateral cooperation outlook placing
Marathon Farms Into Total’s Diaba License Offshore Gabon
Marathon Oil Corporation has entered into a farmout agreement with Total Gabon for a 21.25 percent working (25 percent paying) interest in the Diaba License G4-223 and its related permit in Gabon with an effective date of June 15, 2012. The companies expect to close the transaction, subject to compl
UK: EMEC Lands Flagship Project of the Year
The European Marine Energy Centre (EMEC) has been named the flagship project of the year for the renewable industry at the 7th British Renewable Energy Awards ceremony, held on Thursday, 21 June in London. EMEC scooped the accolade at the Renewable Energy Association event for its achievement in est
China: POLSTEAM’s New Bulk Carrier SAN Named at Sanfu Shipyard
Recently, in an atmosphere full of happiness, No. 6 16.900 DWT Bulk Carrier built for POLSTEAM by the yard was named “SAN”. On the naming ceremony, Godmother expressed his sincere blessings to “SAN”. General Manager Luo Zhong , representative of the yard and owner representative Mr. Leszek Trachimow
USA: ANDRITZ HYDRO Hammerfest Receives International Pioneer Award
ANDRITZ HYDRO Hammerfest, leading tidal energy company, receives the “International Pioneer Award“ during the 9th Energy Ocean International Conference & Exhibition held in Boston, USA for their contribution and efforts in exploring marine energy. Stein Andersen, Managing Director in ANDRITZ HYDRO H
UK: EMEC Lands Flagship Project of the Year
The European Marine Energy Centre (EMEC) has been named the flagship project of the year for the renewable industry at the 7th British Renewable Energy Awards ceremony, held on Thursday, 21 June in London. EMEC scooped the accolade at the Renewable Energy Association event for its achievement in est
UK: P&O Eyes New Offshore Wind Opportunities
The Dover-based ferry operator P&O says that the Round 3 offshore wind farms in the North Sea could bring an opportunity for the company to expand its fleet, as it now has one vessel offering technical support for the Lynn and Inner Dowsing wind farms. The current vessel, which operates out of Immin
Aquaterra Energy to Build WSS for Malaysian Waters
Aquaterra Energy has been contracted to design and build a freestanding Wellhead Support Structure (WSS) for Oil Production operations offshore Peninsular Malaysia in the South China Sea. The WSS will be the first of its kind to be installed in water depths of 65 metres in Asia and will be bridge li
Aquaterra to Build Wellhead Support Structure for Operations Offshore Malaysia
Aquaterra Energy has been contracted to design and build a freestanding Wellhead Support Structure (WSS) for Oil Production operations offshore Peninsular Malaysia in the South China Sea. The WSS will be the first of its kind to be installed in water depths of 65 metres in Asia and will be bridge li
Volvo Penta’s Propulsion System Reduces Fuel Consumption by 30 Pct (Sweden)
The first in a series of five very advanced Coast Guard vessels has reached its final port destination in Falkenberg at the West coast of Sweden. With the help of Volvo Penta’s innovative propulsion system the ships are to reduce fuel consumption by approximately 30% compared to traditional installa
Pacific Drilling Secures USD 3.2 Billion Contract from Chevron USA
Pacific Drilling S.A. announced today that its ultra-deepwater drillship the Pacific Sharav has been awarded a five-year contract by Chevron U.S.A. Inc. for operations in the United States Gulf of Mexico. Estimated maximum contract revenue, including mobilization and client requested modifications,
TROPOS Holds Second Ordinary Meeting in UK
TROPOS Second Ordinary Meeting took place in Edinburgh (Scotland) at the school of engineering at the King’s Building campus. More than thirty scientists and engineers from eight European countries and Taiwan met from June 11th – 13th for the second time no more than 4 months after TROPOS started. T