Business & Finance
FES to Deliver Connectors for Shell’s Prelude FLNG (Australia)
Global supplier of fluid transfer systems, FES International, has secured a $1.6m deal to supply Anglo-Dutch energy and petrochemical giant, Shell with six Diverless Bend Stiffener Connectors (DBSCs) for its Floating Liquefied Natural Gas (FLNG) operations off the Western Australian coast. The DBSC’
Marine Scotland: Elgin Leak Causes No Harm to Marine Life
Chemical testing of water and sediment samples gathered two miles from the Elgin platform gas leak indicate there has been no direct marine contamination from the incident. Samples collected were tested for the presence of oil and gas (hydrocarbon) pollution at the Marine Scotland Science laboratory
Australia: FES Supplies Shell’s Prelude with DBSCs
Global supplier of fluid transfer systems, FES International, has landed a $1.6m deal to supply Anglo-Dutch energy and petrochemical giant, Shell with six Diverless Bend Stiffener Connectors (DBSCs) for its Floating Liquefied Natural Gas (FLNG) operations off the Western Australian coast. The DBSC’s
Northern Offshore’s Drilling Units Start Work India and Vietnam
Northern Offshore, Ltd. today announced that both the semisubmersible Energy Driller and drillship Energy Searcher have commenced operations. The Energy Searcher went on dayrate under the contract with the Joint Operating Company Vietgazprom, a joint venture between Petrovietnam and Gazprom, (“VGP”)
USA: Manatee County Port Authority Approves Container Yard Construction
The Manatee County Port Authority yesterday approved a $13 million contract with American Bridge Company for a 584-foot extension of Berth 12 and a 10-acre container yard, finishing a port expansion project originating in 1997. The project is expected to be complete by mid-2013, well in advance of t
Norway: Aker Solutions to Inject USD 87 mln in Subsea Division
International oil service group Aker Solutions is preparing for major growth by investing NOK 500 million (USD 87 million) in its subsea business. This investment is set to double the capacity of its manufacturing plants in Tranby, Norway, and Port Klang, Malaysia. In addition, a new service base wi
Norway: Aker Solutions Boosts Subsea Manufacturing Capacity
International oil service group Aker Solutions is preparing for major growth by investing NOK 500 million (USD 87 million) in its subsea business. This investment is set to double the capacity of its manufacturing plants in Tranby, Norway, and Port Klang, Malaysia. In addition, a new service base wi
Origin Energy’s Thistle Exploration Well Spuds (Australia)
Origin Energy, an Australian integrated energy company focused on gas and oil exploration and production, on behalf of the VIC/P43 Joint Venture, advises that the Thistle 1 exploration well has spudded on 03:30 hours EDT on Thursday 19 April 2012. The well is being drilled using the semi-submersible
Germany to Take Second Chance in New Grid Operator
As Frankfurter Allgemeine Zeitung reported, the German government might acquire stake in a new grid operator, planned to bring offshore wind power to shore. The government could realize its plans through KfW Group state development bank. This news comes after grid operator TenneT announced delay in
PGE Wins Three Offshore Wind Permits in Poland
As it was announced earlier this month, the Polish government has awarded PGE SA three permits to build offshore wind farms, according to Bloomberg. These will be the first of their kind in Poland. The government has awarded five permits with a total capacity of 4,500 MW. Ministry of Transport, Cons
Brazil: OSX Secures Order for Two Wellhead Platforms from OGX
OSX, an EBX Group Company of integrated solutions for offshore units and services, received an order from its anchor client OGX Petróleo e Gás for construction and charter of two new Wellhead Platforms, WHP-3 and WHP-4, pursuant to the Strategic Cooperation Agreement entered into by the companies. T
USA: UMD Graduates Present Wave Energy Business Plans
On Wednesday, business plans for wave energy were presented by UMD (University of Massachusetts Dartmouth) graduate students Jonathan Christie and Linnhardt Hilfer. For development of their business, they plan to raise up to USD 2.0 million, according to Brian Boyd from SouthCoastToday. At UMass Dar
Denmark: European Wind Energy Market Grows Despite Ongoing Financial Crisis
Despite the ongoing financial crisis, emerging wind energy markets in Europe are expected to significantly increase installed wind power capacity by 2020, a panel session at the EWEA 2012 Annual Event in Copenhagen heard on Thursday. Peter Brun, of Vestas, told people attending the session — Emergin
USA: UMG Sells Its United Barge Line
United Maritime Group, LLC (UMG) today announced that it has entered into a definitive agreement to sell U.S. United Barge Line, LLC, a wholly owned barge transportation subsidiary of UMG, to Ingram Barge Company. Based in Tampa, the subsidiaries of UMG operate businesses in the dry bulk transportat