Business & Finance
UK: Ithaca Gets FDP Approval for Stella and Harrier Offshore Fields
Ithaca Energy Inc. announces that the Company has received Field Development Plan (“FDP”) approval for the Stella and Harrier Fields from the UK government. The joint development of the Stella and Harrier fields, located in the Central North Sea, will involve the drilling of subsea horizontal wells
Royal Navy Divers Blow Up Two Wartime Bombs Off UK
Royal Navy divers from Portsmouth blew up two wartime pieces of ordnance off the Kent coast on Easter Sunday. The team from Southern Diving Unit 2 successfully dealt with a German GC mine off Sheerness and a 1,000lb Allied bomb off Margate. The German GC mine, usually dropped by parachute and contai
Keppel to Build Five Semis for Brazilian Company. Order Value: USD 4.12 Billion
Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiaries, Keppel FELS Brasil S.A. and Estaleiro BrasFELS Ltda, has signed a Letter of Intent (LOI) with Sete Brasil Participações S.A. (Sete Brasil), for the design and construction of five additional semisubmersible (semi) drilling rigs bas
T.O.S. Delivers Two Rotor Tugs to Antwerp, Belgium
Last weekend the T.O.S. crew reached the port of destination Antwerp for the delivery of the SMIT KIWI and SMIT EMOE. The crew left the port of Singapore for a 12.700 nm journey to Western Europe last year. “We are proud to have been awarded for the delivery contract of the rotor tugs. Although T.O.
India: ViaLogy to Apply QuantumRD Technology at ONGC’s Offshore Oil Field
ViaLogy PLC (VIY) announces it has signed a contract with the Oil and Natural Gas Corporation (ONGC), India’s premier national oil company, to apply its QuantumRD technology in the country’s largest offshore oilfield. ViaLogy will focus on specific complex zones and target formations that have frust
UK Awards Three Grants to Accelerate Offshore Wind Innovation
Three innovative UK businesses are the latest companies to secure funding from a major Government scheme to support the development of next generation offshore wind technology. NGenTec Ltd, OSBIT Power Ltd and OGN North Sea Ltd will each receive grants under DECC and the Technology Strategy Board’s
Japan: Kawasaki Heavy Launches New Bulk Carrier Built for Handbell Shipping
Kawasaki Heavy Industries, Ltd., on March 5th, launched bulk carrier for Handbell Shipping S.A. at its Kobe Works. This 197-meter-long vessel (Kawasaki hull No. 1649) is the 14th state-of-the-art bulk carrier with a capacity of 58,000 DWT to be developed by Kawasaki. After it is outfitted at the Kob
India: ViaLogy to Apply QuantumRD at ONGC’s Offshore Field
ViaLogy PLC (VIY) announces it has signed a contract with the Oil and Natural Gas Corporation (ONGC), India’s premier national oil company, to apply its QuantumRD technology in the country’s largest offshore oilfield. ViaLogy will focus on specific complex zones and target formations that have frust
US and RMN Divers Conduct Coordinated Scuba Diving
Navy divers assigned to submarine tender USS Emory S. Land (AS 39) conducted a coordinated scuba diving evolution with Royal Malaysian Navy (RMN) divers April 8. “We were honored by our Malaysian counterpart’s invitation to conduct joint diving operations,” said Chief Navy Diver Jose Castilla. “This
Three UK Companies Secure Funding to Support Offshore Wind Development
Three innovative UK businesses are the latest companies to secure funding from a major Government scheme to support the development of next generation offshore wind technology. NGenTec Ltd, OSBIT Power Ltd and OGN North Sea Ltd will each receive grants under DECC and the Technology Strategy Board’s
Ivory Coast: Rialto to Resume Drilling at Gazelle within Days
Rialto Energy Limited last week reported that while drilling at Gazelle-P3 well, offshore Ivory Coast, the drill-pipe became stuck at a depth of 1070 meters. During the process of trying to free the drill-pipe, mechanical problems with the rig equipment occurred which have since been rectified by th
J+S Enters Middle East Market
Following their successful entry into the Far East market in 2011 Barnstaple based engineering firm J+S Ltd have been making inroads into the Middle East. The company have just returned from exhibiting at the 2012 Doha International Maritime Defence Exhibition and Conference (DIMDEX) at the Qatar Na
UK: FabTest Welcomes First Wave Energy Device
The team behind FabTest, Cornwall’s pioneering marine energy test site in Falmouth, has welcomed the first wave device to be installed in its waters. Fred Olsen’s BOLT “Lifesaver” wave energy converter, which is ultimately capable of producing clean and efficient electricity, is now being tested in
Norway: Hydratight Repairs Damaged Pipe at Troll C
Experts from joint integrity and engineering services company Hydratight found an innovative solution to a tricky repair for Statoil, by using a MORGRIP connector to repair a 6in super duplex pipe located within the constrained space of a subsea manifold, 340m under the surface of the North Sea. Hyd