Business & Finance
Germany to Invest Billions in Renewable Energy Transfer
Plans made between Germany’s government, the federal energy network and grid companies to distribute renewable energy by constructing new electricity lines by 2022 will allow the country to safely shift from nuclear power to renewables. According to Reuters, the plan involves an investment of tens o
Vietnam: Dung Quat Shipyard Completes Sea Trials for PVT MERCURY
Dung Quat Shipyard (DQS), on 24th May 2012, together with the ship Owner and ABS Registry successfully performed the sea trials for the 104.000 DWT Crude Oil Tanker named PVT MERCURY built for the Petrovietnam Transportation Corporation (PVTrans). The 104,000 DWT crude oil tanker is the first big de
Malaysia: Alam Maritim Secures ExxonMobil Charter Contract
The Board of Directors of Alam Maritim Resources Berhad announced that its wholly owned subsidiary, Alam Maritim (M) Sdn Bhd, has received a letter of award from ExxonMobil Exploration and Production Malaysia Inc (EMEPMI) and the parties have signed a Charter Party Agreement for the provision of one
ExxonMobil Charters Accommodation Vessel from Alam Maritim (Malaysia)
Malaysia’s offshore services provider Alam Maritim (M) Sdn Bhd, and ExxonMobil Exploration and Production Malaysia Inc have signed a Charter Party Agreement for the provision of an accommodation vessel. The contract is for a primary period of eighteen (18) months with an extension option exercisable
The Netherlands: Vos Prodect Analysis Sealed Cable Hang-Off System Concept
In addition to the successfull realization of its cable hang-off system, Vos Prodect Innovations is looking for additional features to satisfy the new requirements of the offshore wind farm projects. Project developers are setting additional firm requirements that have to be met and relevant systems
Russian Vessel Igor Belousov Receives Two Submersibles
Russian search and rescue vessel Igor Belousov, which will perform search, rescue and salvage of submarines in distress, will be equipped with two submersibles. The vessel will receive two ARS-600 two-seat unique deepwater submersibles. The Russian Defense Ministry made a decision in 2011 that the S
G6 Alliance Starts Suez Canal Container Terminal Port Calls
The Suez Canal Container Terminal (SCCT) received and worked the first eastbound call of the new ABX (Asia – Black Sea Express) Service operated by the G6 Consortium, comprised of APL, Hapag-Lloyd AG, Hyundai Merchant Marine, Mitsui O.S.K Lines, Nippon Yusen Kaisha and Orient Overseas Container Line
CAMAC Prepares for Exploration Offshore The Gambia
CAMAC Energy Inc. today announced that it has signed Petroleum Exploration, Development & Production Licenses with The Gambia for two previously awarded offshore exploration blocks, A2 and A5 (“the Blocks”). The Blocks, which are contiguous, cover a combined area of approximately 2,666 square kilome
USA: Garry Kozak Joins EdgeTech
EdgeTech welcomes Garry Kozak. Garry joins EdgeTech with over 35 years of experience in the underwater technology field. Respected worldwide for his knowledge in side scan sonars, Garry has extensive hands-on experience with numerous sonar platforms and has traveled the globe performing underwater s
Turkey: ADIK Starts Sea Acceptance Tests for Sixth Vessel of LCT Project
ANADOLU Shipyard (ADIK) has started on May 28th 2012 Monday Sea Acceptance Tests (SAT) of the Sixth Vessel of Landing Craft Tank (LCT) project undertaken for Turkish Navy. ANADOLU Shiphard has already delivered the first four vessel of the LCT project back in March and April of this year and the Fif
UK: Acteon’s InterAct Strengthens Its Business
InterAct Activity Management Ltd, an Acteon company, has enhanced its abandonment engineering skills base with the recent appointments of Dave Barclay, Allen Scoging and Juliann Canty. Dave joins InterAct from BP, where he was a well abandonment engineer involved with the subsea abandonment of wells
Japan: ClassNK First in Class to Hit 200 Million GT Record
Leading classification society ClassNK officially announced that its register had surged past the 200 million gross ton mark on 28 May 2012. ClassNK Chairman and President Noboru Ueda announced the historic achievement at a party celebrating the 50th anniversary of the establishment of the London of
Ivory Coast: Rialto Energy to Drill Gazelle Side-Track
Rialto Energy Limited provides a weekly update on drilling operations at the Gazelle-P3 ST Well, Offshore Côte D’Ivoire which includes a summary of the operational results following completion of logging operations, and planned next steps. The Gazelle-P3 well was spudded on 12 March 2012 using the T
Nyuni Area 2D Seismic Survey Starts Offshore Tanzania
Aminex PLC, an independent oil company listed on the main market of the London and Irish Stock Exchanges with exploration and development assets in the emerging hydrocarbon province of East Africa, announces commencement of a 335 kilometre 2D seismic survey in the Nyuni Area Licence, offshore Tanzan