Business & Finance
The Netherlands: Deltares Tests Cape Verdean Breakwater
Because of doubts about the original design of the new harbour built in Sal Rei on the Cape Verdean island Boa Vista, the Cape Verdean client asked Royal Haskoning and Deltares to produce, test and optimise a new design. The harbour is vital for the ongoing development of tourism on the island. Stor
South Korea: Hyundai Heavy Secures Rig Order from Fred. Olsen
A wholly owned subsidiary of Fred. Olsen Energy ASA has entered into a turnkey contract with Hyundai Heavy Industries Co., Ltd. for the building of a harsh environment ultra deepwater semi submersible drilling rig with scheduled delivery in March 2015. Total project cost is estimated to USD 700 mill
Australia: Karoon Updates on Browse Basin Drilling
Karoon Gas Australia Ltd advises that at 06:00 hours (WST) today, the Boreas-1 well was completing pressure testing of the BOPs on surface. Since the last report, the 12-1/4” hole section was drilled from 3908 m to 4009 m, 9-5/8” casing was run and cemented, and the BOP and marine riser were pulled
South African Undersea Cable to Become Boon for Operators
The now fully operational West African Cable System (WACS) undersea cable is anticipated to be a boon for all operators in the South African market, according to a new report from Pyramid Research. “South Africa: Undersea Cables Boost Data and Broadband Growth as LTE Prepares to Launch” report offer
UAE: Mina Musaffah Welcomes MV Svenja
Mina Musaffah in Abu Dhabi has been celebrating the successful offloading of the largest ship to berth there to date. The MV Svenja from the SAL shipping line, arrived with loads weighing just over 12,000 tonnes. She offloaded her heaviest piece of cargo – weighing nearly 570 tonnes. The ship sits 8
UK: 2H Offshore Hosts Wellhead and Conductor System Response Forum
A number of wellhead system response and design issues have been raised in recent years, instigated from drilling in new geographical locations or with new equipment. These issues are not well understood across the industry, but have relevance to many Operators. 2H Offshore has been involved in eval
UK: Oil Flows at Athena Field
Ithaca Energy Inc. announces the successful start-up of oil production from the Athena field. The initial operations phase of the field is in line with management’s expectations and proceeding as planned. This involves bringing production from each well online and establishing stable performance of
UK: Alnmaritec Announces Delivery of Its New ‘Wave Captain’ Class
Alnmaritec, the specialist aluminium boat builder based in Northumberland, recently announced the delivery of the first of its new ‘Wave Captain’ class of Wind Farm Support Vessels. The new design is a derivative of the larger Wave Master class vessels which have proved highly successful in service
BP Expresses Commitment to Developing Trans Adriatic Pipeline
BP, the operator of the Shah Deniz natural gas field in Azerbaijan, expressed its commitment to developing the Trans Adriatic Pipeline (TAP) as the southern gas transportation route into Europe. Speaking at the BP Forum in Berlin, on the 24th of May, Iain Conn, Chief Executive Refining and Marketing
UK: Bowtech Supplies Underwater LED Lights to BAE Systems
Bowtech Products Ltd., a market leading manufacturer and supplier of cameras, LED lighting, emergency relocation strobes, connectors, fiber optic multiplexers and slip rings for use in underwater or hazardous area applications, to any ocean depth, has announced that they have completed a supply cont
UK: Pinsent Masons Welcomes New Partner to Its Energy and Natural Resources Team
International law firm Pinsent Masons has appointed Akshai Fofaria as a Partner in the firm’s Energy and Natural Resources team. Fofaria joins from Jones Day’s well-respected Africa team based in Paris. The move will see him relocate to London but continue to focus on projects work in the oil and ga
Sweden: New Vessel Concept by Pallas Shipping
Pallas Shipping has developed a new vessel concepts in the form of a tanker that is designed according to the latest environmental and safety requirements. The Tanker, which has a cargo capacity of about 1700 tons are designed to operate as a bunkering vessel which place high demands on maneuverabil
Japan: Aquarius MRE System – Lab Testing Commences
Eco Marine Power Co. Ltd. (EMP) on Friday announced that lab testing of its Aquarius MRE System – a revolutionary wind & solar power solution for ships – will commence in a test facility in Osaka, Japan from early June. This is a significant move forward as it takes the project into the prototype te
UK: Guidance for PMSCs Agreed by IMO’s Maritime Safety Committee
Interim guidance to private maritime security companies (PMSCs) was agreed by IMO’s Maritime Safety Committee (MSC), when it met at the Organization’s London Headquarters for its 90th session from 16 to 25 May 2012. A special high-level segment of the MSC saw an intense debate, over the first day an