Business & Finance
Cecon Installs Pipelines and Umbilicals Offshore Nigeria
End March Cecon has completed the installation of four flexible pipelines and umbilical’s for Broron Oil & Gas/Addax Petroleum in waters offshore Nigeria, West Africa. The project was initially awarded (Oct 2011) to Cecon ASA as a fast-track subsea tieback project for the management, transport, inst
ICTSI Ecuador Unit Adopts OCR Technology
Contecon Guayaquil S.A. (CGSA), a subsidiary of International Container Terminal Services, Inc. (ICTSI) operating the Guayaquil Container and Multipurpose Terminals (GCMT) in Ecuador, recently rolled out optical character recognition technology (OCR) to step up the automation of its quay crane (QC)
BOEM Seeks Public Opinion on Seismic Survey Activity Offshore Alaska
The Bureau of Ocean Energy Management (BOEM) announced yesterday that it was seeking public input on issues that should be tackled by the bureau in preparing an Environmental Assessment for proposed seismic data acquisition activity in Arctic areas of the Alaska Outer Continental Shelf (OCS). ION Ge
Denmark: Maersk Line Expects Losses in 2012 Despite Freight Rate Increase
According to the chairman of parent group A.P. Moller-Maersk, Maersk Line, global top container shipping company, will lose money this year as well regardless of recent freight rate increases, Reuters informs. Speaking at the annual general meeting of shareholders, Michael Pram Rasmussen, chairman o
UK’s EnerMech to Work on Total’s Oil Fields in Africa
EnerMech, an Aberdeen based provider of mechanical services solutions to the energy services sector, has been awarded a pre-commissioning contract in the Democratic Republic of Congo and Gabon by Technip. The workscope is for precommissioning services on the Congo Gabon Flexible Replacement Project
Chart Ferox to Provide LNG Fuel System for Incat’s Fast Ferry, Australia
Chart Ferox, fully owned European subsidiary of Chart Industries, has received a contract to design, build, and deliver an LNG (Liquid Natural Gas) fuel system for a fast ferry which will be built by Incat, Australia. The boat will be the first catamaran powered by 27,000 HP gas turbines fuelled by
Premier Oil Provides Update on Drilling in Indonesia and UK
Premier oil, an independent British UK oil company focused on exploration has provided updates on its operations in Indonesia and UK. The Biawak Besar-1x exploration well (Premier equity 28.67 per cent) on Natuna Sea Block A has reached a total depth of 5,950 feet MD and will be plugged and abandone
New Zealand: Rena Wreck Takes on More Water
An over flight by MNZ yesterday morning noted damage to the forward section bulkhead between No 2 and No 3 hold. It was evident that the bulkhead on the port side had failed and was open to the sea. This is expected given the gradual deterioration of the wreck and its exposure to the elements. [&hel
Germany: Shipyard Ferus Smit Launches New Vessel Built for Royal Wagenborg
On April 11th, at Shipyard Ferus Smit GmbH in Leer, Germany the launching of m.v. Fuldaborg took place. Christening and name giving were done by mrs. Rita Jabaay, spouse of mr. Bram Roelse, managing director IHC Dredgers B.V. The Fuldaborg is the sixth of a series of 1A ice classed, nozzle fitted, 1
Norway: March Production Decreases 46.000 Barrels
The Norwegian Petroleum Directorate, a governmental specialist directorate and administrative body, today released preliminary production figures for March 2012. Preliminary production figures for March 2012 indicate an average daily production of about 2 055 000 barrels of oil, NGL and condensate.
USA: Vogler Marine Agencies to Represent Lloyd Werft
Lloyd Werft will in future be represented in the USA, Canada, Mexico, Bermuda, the Bahamas and Costa Rica by Vogler Marine Agencies LLC. Lloyd Werft Bremerhaven will have a stronger presence from now on in one of its most important core markets. Vogler Marine Agencies LLC, which has been one of the
Shell, Petronas Ink Two PSCs for Acreage Offshore Sarawak, Malaysia
Shell Malaysia upstream operating company Sarawak Shell Berhad and partner PETRONAS Carigali Sdn Bhd yesterday announced the signing of two new exploration and production sharing contracts (PSCs) with PETRONAS. The contracts represent new Malaysian acreage for the multinational. Andrew Brown, Royal
UK’s Clean Energy Sector Rebounded Last Year to USD 9.4 Billion
After a sharp falloff in 2010, investments in the United Kingdom’s clean energy sector rebounded last year to $9.4 billion, 35 percent higher than last year and the seventh highest among G-20 nations, according to new research by The Pew Charitable Trusts. The growth was driven in part by a 10-fold
Petrobras Strikes Oil near Lula Field, Offshore Brazil
Brazil’s Petrobras announces the discovery of a new good quality oil accumulation at well 1-RJS-689A (1-BRSA-925A RJS), to the north of Lula field, in the Santos Basin pre-salt cluster. The new well, known as Dolomita Sul, is located at a water depth of 1,747 meters and is 177 km off the coast of Ri