Business & Finance
BHP Billiton Gets More Time to Find Suitable Rig (Philippines)
The Philippines Department of Energy (DOE) has approved BHP Billiton a 12 months extension to the current Exploration Sub-Phase 4 of SC55, located offshore Palawan. The company in April filed a request for an 18 months extension to their contractual deadline to complete drilling of the commitment we
Naming Ceremony for UASC’s New Containership in Hamburg, Germany
The AIN SNAN was delivered after a nine-month building phase in January of this year. The UMM SALAL, the first of nine UASC new builds in this size class already went into service in June 2011. During the course of the first five months of this year all nine vessels have been delivered from the [&he
LNG Tanker Grand Aniva Performs Bunkering Operation in Russia
On 22 May 2012 LNG tanker Grand Aniva replenished fuel supplies in the Russian port of Nakhodka and became the first gas carrier to perform bunkering operation in Russia. Previously only oil tankers of Sovcomflot entered this port. Gas tankers working for the Sakhalin-2 project usually took the bunk
Portuguese ENP Takes Delivery of New Floating Dock from Zaliv Shipyard
The works on construction of floating dock by the order of company Estaleiros Navais de Peniche SA (ENP) became principally new for JSC Shipyard Zaliv. According to the words of sales/marketing director Mr. Y. Dovgiy works over this order coherently fitted with Zaliv’s diversification politics due t
UK’s Caley to Supply Winches and A-Frame Systems for HHI New Research Vessel
Offshore handling systems specialist, Caley Ocean Systems has been awarded a contract to supply oceanographic winches and A-frame systems to Hyundai Heavy Industries (HHI) for a new oceanographic research vessel. The state-of-the-art, ocean-going, vessel is capable of surveying to the full ocean dep
UK: Caley Supplies A-Frame Systems for HHI’s New Research Vessel
Offshore handling systems specialist, Caley Ocean Systems has been awarded a contract to supply oceanographic winches and A-frame systems to Hyundai Heavy Industries (HHI) for a new oceanographic research vessel. The state-of-the-art, ocean-going, vessel is capable of surveying to the full ocean dep
Rena’s Captain and Navigation Officer Get Seven Months (New Zealand)
The captain and navigation officer of the grounded Costamare boxship Rena have been jailed for seven months in New Zealand. Master Mauro Balomaga and colleague Leonil Relon lost their court-imposed anonymity as the verdicts were handed down in Tauranga District Court on Friday. In late February, Bal
UK: Costain Signs Health and Safety Accord
Costain has signed up to a health and safety accord designed to set standards for the offshore wind and marine energy sector. The agreement was signed for Costain by Chief Executive, Andrew Wyllie, and on behalf of Gravitas Offshore, the consortium comprising Costain, Hochtief and Arup, by Managing
UK: Costain Signs Health and Safety Accord
Costain has signed up to a health and safety accord designed to set standards for the offshore wind and marine energy sector. The agreement was signed for Costain by Chief Executive, Andrew Wyllie, and on behalf of Gravitas Offshore, the consortium comprising Costain, Hochtief and Arup, by Managing
Siemens to Spend USD 1 Billion on Business Expansion in Brazil
Siemens plans to expand its presence in the important growth market Brazil – setting the course for sustainable long-term growth in the country. The company intends to invest up to 1$ billion over the next five years with the aim of strengthening and expanding its business in Brazil. Investment will
Italy: Fincantieri and NLI Sign Important Collaboration Agreement
The shipbuilding giant Fincantieri Cantieri Navali Italiani S.p.A. and NLI, a Norvegian total supplier to Oil & Gas business, announced the signing of a collaboration agreement, supporting the aim to penetrating the Mobile Drilling Units construction market. This agreement includes the development o
USA: Ohio Third Frontier Commission Declines Funding LEEDCo
Lake Erie Energy Development Corp. (LEEDCo) was declined a USD 5 million worth funds for Lake Erie offshore wind farm proposal. Even though the Ohio Department of Development suggested they grant the money, the Third Frontier Commission did not vote in favour, the Crain’s Cleveland news portal infor
UK: Marine Science Park Creates Business Growth Opportunities
Construction of the European Marine Science Park (EMSP) has begun at Dunstaffnage near Oban, which will offer commercial space for businesses at one of the world’s leading sites for marine research and development. The 20,000 square feet building will be available by the end of 2012, with further de
No Shutdown Order for ConocoPhillips’ Tor Field, PSA Norway Says
In a letter dated 13 April 2012, the Petroleum Safety Authority Norway (PSA) issued ConocoPhillips a notification of order to shut down all systems that require a functioning depressurisation system on Tor 2/4 E until a depressurisation system that complies with regulatory requirements is in place.