Business & Finance
Belgium: Echoscope Assists in Installation of Power Cable at Thornton Bank Wind Farm
Coda Octopus Group, Inc., and their agent in the Netherlands, Nautikaris BV, have recently been involved in a project for Deep BV – Hydrography and Geophysics, providing positioning and survey services for the installation of a power cable from the Thornton Bank Wind Farm off the Belgian coast. This
Aminex Starts Seismic Survey Offshore Tanzania
Aminex PLC (‘Aminex’ or the ‘Company’), 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, today announces commencement of a 335 kilometre 2D seismic survey in the N
Lloyd’s Register Approves New DSME Gas Tank Technology (South Korea)
Lloyd’s Register has approved new prismatic IMO Type B independent cargo tanks, so called ACTIB (Aluminium Cargo Tank Independent Type B). The initial approval is for use in a DSME-developed 210,000 m3 STD LNG-RV design in accordance with LR’s Guidance notes for liquefied gas carriers and floating o
UK: BP Selects Emerson Technology for Clair Ridge Project
Emerson Process Management has been awarded a $23 million contract by BP to supply integrated control and safety systems for two new bridge-linked platforms for the Clair Ridge project. Clair Ridge is located in the North Sea to the west of the Shetland Islands, U.K. It is being developed by BP and
UK: A&P Group Grows Its Business in North East
A&P Group is determined to continue to deliver growth for its business in the North East. Against the background of a very competitive market place for its services, and to build on the ship repair, fabrication and conversion business, the Group recognises the potential opportunities and challenges
BP Back to Exploration in Libya
BP has lifted Force Majeure in respect of its Libyan Exploration and Production Sharing Agreement (EPSA) with the National Oil Corporation (NOC) effective 15th May 2012. Force Majeure has been in place since 21st February 2011. Discussions between NOC and BP have agreed how the impact of Force Majeu
USA: Four Scripps Researchers Receive Defense Funding
Four Scripps Institution of Oceanography at UC San Diego researchers will receive Navy funding to acquire and deploy instruments in support of studies ranging from coastal oceanography to deep-ocean acoustics. The awards mark the continuation of a partnership between Scripps and the Navy that predat
Damen Shipyards Launches New Type of ASD Tug at ITS (Spain)
Damen Shipyards has launched its newly designed ASD Tug 3212 at the International Tug and Salvage Convention (ITS) in Barcelona. This innovative and powerful tug in the 85 t BP range is the result of three years of research and represents a completely new Damen ship type and a milestone in ASD tug d
UK: Ocean Installer Wins Subcontract for Scott Field Development
Saipem has awarded Ocean Installer a subcontract for the installation and recovery of a Pipeline Initiation System at the Scott Field development. Saipem is contracted to undertake pipelay operations at the Scott Field development, and has subcontracted the installation and recovery of a Pipeline In
Japan: NYK Develops Tsunami-Response Guidelines for Ships in Port
NYK has drawn upon the lessons learned from the tremendous tsunami damage sustained by vessels after the Great East Japan Earthquake in March of last year to create tsunami-response guidelines for ships in port. The guidelines, the first to be developed for Japan, were presented on May 23 at a meeti
UK: Ocean Installer Takes Part in Scott Field Development
Saipem has awarded Ocean Installer a subcontract for the installation and recovery of a Pipeline Initiation System at the Scott Field development in the UK North Sea. Saipem is contracted to undertake pipelay operations at the Scott Field development, and has subcontracted the installation and recov
The Netherlands: Fugro Reviews Options for Marine Streamer Seismic Data Acquisition
Fugro N.V. announces it is undertaking a review of all options for its marine streamer seismic data acquisition business and associated activities. This review is initiated on the basis of Fugro’s position in the market; that Fugro has no current plans to increase the size of its high end, modern, s
Mozambique OKs PTTEP’s Acquisition of Cove’s Rovuma Area Stake
Thailand’s PTTEP has received written consent from the Republic of Mozambique’s Minister of Mineral Resources related to the indirect acquisition of Cove Energy’s interest in Rovuma Offshore Area 1 which would arise on the takeover of the company. The receipt of this written consent can confirm that
APM Terminals Gains China Shipping Cargoes
China Shipping Container Line Company, the world’s 8th-largest container shipping company by capacity, will begin cargo service to the US Gulf Coast and Florida through a slot charter arrangement on the weekly Pacific Express 3 string operated by CMA-CGM, which will include calls at APM Terminals Mo