Business & Finance
Tullow Makes Oil Discovery Offshore Ivory Coast
Tullow Oil plc announces that the Paon-1X exploration well in the CI-103 licence offshore Côte d’Ivoire has intersected good quality light oil in a Turonian fan system. Paon-1X is the first deepwater exploration well drilled in the CI-103 licence and has encountered 31 metres of net oil pay in a gro
Denmark: RESON Offers Free FP3 System Upgrade to SEABAT Clients
The RESON Group is offering existing SEABAT 7125 SV2 customers the opportunity to upgrade their systems with RESONs Feature Pack 3, (FP3) totally, free of charge. Feature Pack 3 has taken all the benefits of FP2 and added two new features, TRACKER and SEABAT UI, to provide users with increased effic
Port of Singapore Cements Its Status as Asia’s Port of Choice
The Port of Singapore cemented its status as Asia’s port of choice by bagging the awards for the ‘Best Seaport in Asia’ and the ‘Best Green Service Provider- Seaport’ at the 26th edition of the Asian Freight and Supply Chain Awards (AFSCA). The 26th edition of the Asian Freight and Supply Chain Awar
UK: First Oil Cargo Shipped from Athena Offshore Field
Ithaca Energy Inc. announces initial peak gross oil production rates from the Athena field of 22,000 barrels of oil per day (“bopd”) (4,950 bopd net to Ithaca) as metered into the BW Athena’s storage tanks. Oil export operations have commenced. The flow from each of the four oil production wells is
Australia: Naval Ship Management Completes ANZAC GMC Contract Negotiations
UGL Limited announced that Naval Ship Management (Australia) Pty Ltd (NSM), an incorporated 50:50 joint venture between UGL Infrastructure Pty Ltd and Babcock Pty Ltd (Babcock), has finalised contract negotiations for the ANZAC Ship Group Maintenance Contract (GMC) with the Defence Materiel Organisa
Siport21 to Consolidate Its Strategic Business Areas (Spain)
After an annual net turnover figure of 1.6 million Euros last year, Siport21 is facing 2012 immersed in consolidating its strategic business areas, the internationalization of the company and its technical staff, based on solid and backed up technical experience of more than 450 studies of manoeuvri
Malaysia: OTC Board Approves Offshore Technology Conference Asia
The Offshore Technology Conference (OTC) Board of Directors has approved the establishment of the Offshore Technology Conference Asia. The initial event will be held in Kuala Lumpur, Malaysia, 10-12 March 2014 and as a biennial event going forward, will be located in prominent cities throughout the
China: Primeline, CNOOC Receive EIA Approval for LS36-1 Gas Field Development
Primeline and CNOOC Ltd. have received formal approval of the environmental impact assessment report (“EIA”) relating to the development of the LS36-1 gas field, located offshore China, from the State Oceanic Administration (“SOA”). The SOA had previously approved the routing of pipeline for the Dev
Norway: Kleven Maritime to Deliver Platform Supply Vessel to Ugland Offshore
Kleven Maritime has signed a contract with offshore ship owning company Ugland Offshore on the delivery of a platform supply vessel of SALT 100 PSV design. The vessel is to be delivered from Kleven Verft in Ulsteinvik Q1 2014. The contract also includes an option for a second vessel. Currently Kleve
The Netherlands: IHC Merwede Establishes Tidal Energy Company
On 30 May 2012, IHC Merwede signed an agreement to acquire Wave Rotor technology from Ecofys, which is renowned for its expertise in sustainable energy solutions. The official signing was made by Willem Steenge, Managing Director of IHC Tidal Energy, and Manon Janssen, Managing Director of Ecofys. W
Cyprus: SeaBird Selects Sercel’s SeaPro Nav System for Its Two Vessels
SeaPro Nav, Sercel’s integrated navigation system for all in-water seismic equipment, has been selected by SeaBird Exploration as the master system for two vessels in its marine seismic fleet, the Harrier Explorer and the Aquila Explorer. SeaBird Exploration is the fourth industry player to choose S
Lloyd’s Register – Groundbreaking Rules for FLNG (Malaysia)
Lloyd’s Register uses its technical knowledge and experience to publish the world’s most comprehensive rules to guide the design, construction and operation of floating liquefied natural gas (FLNG) facilities – the biggest, most complex floating structures ever seen – meaning natural gas will now be
Cyprus’ Seabird Selects Navigation System for Its Seismic Equipment
SeaPro Nav, Sercel’s integrated navigation system for all in-water seismic equipment, has been selected by Cyprus-based Seabird Exploration as the master system for two vessels in its marine seismic fleet, the Harrier Explorer and the Aquila Explorer. Seabird Exploration is the fourth industry playe
Korean, Russian Shipping Registers Strengthen Cooperation
On 1 June, in St Petersburg, the Korean Register of Shipping (KR) and the Russian Maritime Register of Shipping (RS) – both IACS members – signed an Agreement enabling both societies to work more closely together. Recognising that a closer cooperation will allow both organisations to deliver enhance