Business & Finance
Bermuda: Teekay Tankers Acquires 13 Vessels From Teekay Corporation
Teekay Tankers Ltd. announced yesterday that it has reached an agreement to acquire from Teekay Corporation, a fleet of 13 double-hull conventional oil and product tankers and related time-charter contracts, debt facilities and other assets and rights, for an aggregate purchase price of approximatel
Norway: Aker Solutions and Statoil Ink USD 1.9 bln Cat-B Well Intervention Deal
Statoil is awarding Aker Solutions a contract for hiring of an entirely new type of rig which represents an important technological advance for the industry. The category B rig will be an important contribution towards increasing recovery from existing fields. Development of technology for increasin
Norway: Statoil, Aker Solutions Enter USD 1.9 bln Cat B Well Intervention Deal
Statoil is awarding Aker Solutions a contract today for hiring of an entirely new type of rig which represents an important technological advance for the industry. The category B rig will be an important contribution towards increasing recovery from existing fields. Development of technology for inc
Denmark: GL Garrad Hassan at EWEA 2012
The constant drive to innovate has taken the wind industry from its humble beginnings to its current prominence as the state of the art in energy generation. For the industry to continue to develop and lead the globe to a new era of sustainable energy, innovation must be ongoing, global, and part of
USA: NOAA Releases New Maps of Earth’s Ocean Floor
NOAA has made sea floor maps and other data on the world’s coasts, continental shelves and deep ocean available for easy viewing online… [mappress] Source: NOAA , April 17, 2012; Image: NOAA
Egypt: Saipem Orders Sonardyne’s SPRINT for West Delta Deep Marine Concession
Sonardyne International Ltd has received an order valued at over £2.1 million from international oil and gas turnkey contractor, Saipem. The order includes six SPRINT systems and associated acoustic positioning equipment making it Sonardyne’s largest sale of acoustically aided inertial navigation te
RV Prince Madog Completes Survey in Irish Sea
P&O Maritime has successfully secured a 37 day charter, which began in February, for the Research Vessel Prince Madog with Osiris Projects. This contract saw the Prince Madog engaging in its first hydrographic survey which utilised the recently installed RESON 7125 multi-beam echo-sounder system. Os
Finance Secretary Welcomes Scottish-Japanese Partnership for Oil, Gas and Renewables
Finance Secretary John Swinney today welcomed the announcement of a Scottish-Japanese partnership to invest in oil and gas and renewables opportunities in Scotland and internationally. Mr Swinney met with senior executives of Japan’s Mitsui & Co. in Tokyo as details were announced of its strategic p
RV Prince Madog Completes 37-Day Survey in Irish Sea
P&O Maritime has successfully secured a 37 day charter, which began in February, for the Research Vessel Prince Madog with Osiris Projects. This contract saw the Prince Madog engaging in its first hydrographic survey which utilised the recently installed RESON 7125 multi-beam echo-sounder system. Os
Greece: Tsakos Energy Obtains Options for Two Suezmax Newbuildings
Tsakos Energy Navigation Limited today announced three and five year charters for two of its modern handysize product tankers to a major end-user. These vessels currently under pooling arrangements will commence within April/May and are expected to generate gross revenues of approximately $42 millio
SgurrEnergy Installs ORQA Platform Near Hong Kong (China)
The first Offshore Risk Quantification Analysis (ORQA) platform went live in Asia this month after SgurrEnergy successfully completed the installation on behalf of Hong Kong Electric Company (HEC). ORQA boasts the latest technology in data monitoring equipment designed specifically to capture meteor
Denmark: Blue Water Shipping to Provide Logistics for SBM FPSOs
Blue Water Shipping has just been awarded the extremely challenging task of providing logistics for materials and equipment to China and Brazil, where the conversion of the FPSO ” Cidade de Ilhabela” will take place over the next two years. The FPSO is being converted from a tank vessel which is 400
CTC Marine Conducts Trenching Work on Dolwin 1 Offshore Germany
CTC Marine Projects, Ltd, part of DeepOcean Group Holding AS, has announced its multi-million pound contract award for Dolwin 1, Germany. The workscope, for client EMAS AMC, will include the trenching of 62.34 kilometres of a bundled HVDC power cable from 14 metres water depth and trenching of a pow
Danish Blue Water to Provide Logistics for SBM Offshore’s FPSOs
The Danish transport company has been awarded an extensive logistics contract in China and Brazil in connection with construction of FPSO unit – floating production, storage, offloading – to the Oil & Gas sector.