Business & Finance
Singapore: Sembcorp’s PPL Shipyard Secures Jack-up Rig Deal
Sembcorp Marine’s subsidiary PPL Shipyard has secured a US$208 million contract to construct a Pacific Class 400 jack-up drilling rig for Perisai (L) Inc, a wholly-owned subsidiary of Perisai Petroleum Teknologi Bhd, with an option to construct an additional unit of a similar specification jackup ri
Perisai Orders Jack-up Rig from Sembcorp (Singapore)
Sembcorp Marine’s subsidiary PPL Shipyard has secured a US$208 million contract to construct a Pacific Class 400 jack-up drilling rig for Perisai (L) Inc, a wholly-owned subsidiary of Perisai Petroleum Teknologi Bhd, with an option to construct an additional unit of a similar specification jackup ri
USA: DNR Seeks Public Input on Mooring Buoy Plans for Quartermaster Harbor
The Washington Department of Natural Resources (DNR) is seeking input from boaters and the public interested in helping to develop a plan for mooring buoys on state-owned aquatic lands in Quartermaster Harbor. The public workshop will be May 31 at McMurray Middle School on Vashon Island. Staff from
CGX’s Eagle-1 Well Offshore Guyana Disappoints
CGX Energy Inc. announces the results of the drilling of the Eagle-1 well on the Company’s 100% owned and operated Corentyne Petroleum Prospecting License (“PPL”), offshore Guyana. The Eagle-1 well reached total depth of 4,328 metres on April 25th in the upper Cretaceous Maastrictian geologic zone o
USA: GlobalData Announces Wind Turbine Market, 2012 Update Report
“Wind Turbine Market, 2012 Update – Global Installations, Market Share and Key Country Analysis” is the latest report from GlobalData, the industry analysis specialists that offer comprehensive information and understanding of the wind industry. The research provides global wind turbine market scena
Shell Acquires License Offshore New Zealand
Shell GSB Ltd (Shell) has assumed operatorship, as from 1 April 2012 for New Zealand exploration license PEP 50119 in the Great South Basin, from joint venture partner OMV New Zealand Ltd (OMV). The license covers an area of 33,500 km2 in deep water, south of New Zealand’s South Island. A large 4,82
UK: Suncor Hires WilHunter Rig
Last week Awilco Drilling PLC and Suncor Energy signed a Letter of Intent (LOI) for the extension of the contract for the WilHunter semi-submersible drilling rig. Awilco yesterday confirmed that the contract amendment with Suncor Energy was signed to extend the contract for WilHunter for the drillin
USA: SCE and Scripps Gather Seismic Data at San Onofre
Southern California Edison (SCE) and Scripps Institution of Oceanography at the University of California at San Diego will collaborate on a project to gather seismic data off the coast of the San Onofre Nuclear Generating Station (SONGS). The work, part of SCE’s seismic research projects for SONGS U
Finland Based Wartsila to Power Future Inland Waterway Vessel
Wärtsilä, the marine industry’s leading total solutions provider, has been contracted to supply a complete power system, including two of its 6-cylinder Wärtsilä 20DF dual-fuel medium-speed engines, for a new dry cargo inland waterway vessel. This order extends the benefits of gas fuelled operation
Kawasaki Heavy to Acquire Stake in Dalian COSCO Shipbuilding Industry, China
Kawasaki Heavy Industries, Ltd has decided to acquire a stake in Dalian COSCO Shipbuilding Industry Co., Ltd. (DACOS), a shipbuilding company based in Dalian, China. DACOS is a joint venture company established in the Lushun Economic Development Zone in Dalian. It was co-founded in 2007 by COSCO Shi
South Africa Partners with US in Developing Sea-Power Project Off KwaZulu-Natal
At a workshop to show the eThekwini municipality’s plan to partner US HAE (Hydro Alternative Energy) in building a R 155 million sea-power project off the KwaZulu-Natal coast, scientists said that the research and technological knowledge were available in their country, reported the Iol. Professor W
UK: ConocoPhillips Hires GMS Endurance
Gulf Marine Services’ (GMS) Aberdeen office has been selected by ConocoPhillips to provide accommodation and support services to their project in the Southern North Sea. GMS Endurance, a self propelled, self elevating accommodation barge built in Abu Dhabi in 2010, will mobilise from the Mediterrane
Kvaerner Invests in Upgrades of Its Facilities at Stord, Norway
Kvaerner is preparing for a significant growth in its home market and invests approximately NOK 250 million in upgrades of its facilities at Stord. The major investments will be increased lifting and trailing capacity, including a new Goliath gantry crane. “We have won some major contracts and are p
Norway: Kvaerner Invests in Upgrade of Stord Facilities
Kvaerner is preparing for a significant growth in its home market and invests approximately NOK 250 million in upgrades of its facilities at Stord. The major investments will be increased lifting and trailing capacity, including a new Goliath gantry crane. “We have won some major contracts and are p