Business & Finance
Norway: Ocean Installer Lands Balder Subsea Contract
Ocean Installer announces contract award from ExxonMobil Exploration & Production Norway AS (EEPNAS) for survey and intervention work at the Balder field. The work awarded from EEPNAS for the Balder field is inspection and maintenance of the subsea control system. The work is planned to be performed
OTC 2012: US-UAE Bilateral Trade Relationship ‘Outstanding’
The role of the UAE’s energy sector, particularly ADNOC Group, in furthering the US-UAE bilateral trade relationship was underscored at a reception in honor of visiting delegations in Houston, Texas for the 2012 Offshore Technology Conference (OTC 2012). The reception, hosted by the Bilateral US-Ara
USA: GE Launches Deepwater BOP Blind Shear Ram
GE Oil & Gas is introducing its next-generation technology for shearing and sealing wellbore tubulars at the 2012 Offshore Technology Conference (OTC) in Houston. The new Blind Shear Ram is designed for use in GE’s 18-3/4 inch ram blowout preventers (BOP) used in drilling. The new patent-pending Bli
Reftrade UK Announces Ambitious Growth Plans
Aberdeen-based Reftrade UK, specialists in the sale and lease of both new and used refrigerated containers and portable units, announced £500,000 investment to increase the company’s fleet of units and aid ambitious growth plans focused on the North Sea offshore market. The company is a newly formed
Israel: Noble Energy Breaks Levant Basin Depth Record. Stops Drilling
Noble Energy, Inc. yesterday announced that the Leviathan deep well offshore Israel has reached a depth of approximately 21,400 feet, the deepest known penetration in the Levant Basin. High well pressure and the mechanical limits of the wellbore design resulted in the suspension of drilling operatio
USA: Oak Park High School Students Deploy Global Ocean Drifter Off Santa Cruz Island
Two students from Oak Park High School in Oak Park, Calif. deployed a National Oceanic and Atmospheric Administration… [mappress] Source: NOAA, May 03, 2012; Image: NOAA
UK: Regs4ships Solution for Changing Regulations
LPG and LNG carriers are perhaps the most highly regulated vessels sailing around our oceans. Due to the nature of their cargoes, it is critically important that they operate within the regulations. Laws and regulations by their very nature change all the time and keeping on top of these can be a fu
Bangladesh: Western Fishers Starts Construction of Three Fishing Trawlers
Western Fishers Shipyard has inaugurated the construction work of three more fishing trawlers yesterday (May 2) at the yard premises in Kolagaon, Patiya through a keel laying ceremony. Western Fishers Shipyard Ltd is a JV between Western Marine Shipyard and Fishers Shipyard Limited. These three ship
Brazilian Based Brastec Acquires Dutch SAS
Brastec Technologies S.A, a Brazilian-based engineering and equipment producer for flexible pipe and cable manufacturing, is acquiring 100% of the Dutch company SAS, a leading provider of high quality equipment for the offshore market. The acquisition is complementary in product scope, services, eng
Total Gets Exploration License Offshore Uruguay
French oil giant Total today confirms it has been awarded an exploration license for Uruguay’s offshore Block 14, following the second bidding round (Ronda Uruguay II) held by the national company, ANCAP. This license remains subject to further approval by Uruguayan authorities. Block 14 has a surfa
UK: Major Subsea Cargo Arrives at Port of Tyne
The Port of Tyne has a world class reputation for managing bulk and conventional cargo, and is rapidly gaining experience with project cargo. Project cargo broadly describes the shipment of large, heavy, high value pieces of equipment. ‘Seven Oceans’ is an unusual sight on the River Tyne. The vessel
UK: Port of Tyne Gains Experience with Project Cargo
The Port of Tyne has a world class reputation for managing bulk and conventional cargo, and is rapidly gaining experience with project cargo. Project cargo broadly describes the shipment of large, heavy, high value pieces of equipment. ‘Seven Oceans’ is an unusual sight on the River Tyne. The vessel
Brastec Buys Dutch Offshore Equipment Provider SAS
Brastec Technologies S.A, a Brazilian-based engineering and equipment producer for flexible pipe and cable manufacturing, is acquiring 100% of the Dutch company SAS, a leading provider of high quality equipment for the offshore market. The acquisition is complementary in product scope, services, eng
CKYH Alliance Chooses Port of Charleston for New Asia Service
The CKYH alliance of ocean carries has picked the Port of Charleston for a new, weekly container service with coverage across Northeast Asia. The AWE-6 is a new service offering for the carrier group, which includes COSCO, K-Line, Yang Ming and Hanjin. Charleston is the last U.S. port call on the se