Business & Finance
USA: Navy Seeks Renewable Ocean Energy Technology at Industry Forum
The Navy’s energy future was the focus of a two-day NAVFAC Conference and Industry Day held March 26-28 at the Koa Malina Officers Club, Marine Corps Base Hawaii (MCBH), Kaneohe Bay. The Navy, in partnership with the U.S. Department of Energy, will select three ocean energy power developers to occup
Cooper Energy: Hammamet West 3 Drilling to Start in Q4 2012 (Tunisia)
Preparations for drilling of the Hammamet West-3 well in the Bargou permit have progressed consistent with the plan with CE Tunisia Bargou Ltd awarding a contract for Well Management Services to AGR Petroleum (ME) Ltd – Dubai.
Russia: Sovcomflot Selects Dual-Fuel MAN Engine for Its New LNG Carriers
Largest Russian shipowner, Sovcomflot, recently selected the dual-fuel MAN 51/60DF engine for an LNG carrier newbuilding programme comprising of two confirmed vessels with an option for two more vessels. The dual-fuel diesel electric propulsion system and the MAN 51/60DF engine have been selected to
USA: InterAct Boosts Environmental and Regulatory Services with New Appointments
InterAct PMTI, an Acteon company, has broadened its environmental capabilities and services with the recent appointments of Ms. Cynda Maxon and Mr. F. Charles (Skip) Newton, who join the company as Sr. Project Director and Senior Scientist, respectively. This is part of a strategic move to augment s
Buccaneer Buys Stake in Cosmo Project in Alaska, USA
Buccaneer Energy Limited advised that it was acquiring an interest in the Cosmopolitan Project (“Cosmo”). Cosmo was being jointly acquired with privately owned Fort Worth, Texas based BlueCrest Energy II, LP (“BlueCrest”) acquiring a 75% working interest, with Buccaneer acquiring a 25.0% working int
Tocardo Sells Its Renewable Energy Technology into South Korea
Tocardo International, the leading producer of hydro-power turbines, has signed an exclusive dealership agreement to sell its renewable energy technology into South Korea. Tocardo signed the deal with the German-Korean corporation Korwind. The company has extensive experience with the South Korean r
UK: Alnmaritec Completes New Aquaculture Workboat
Alnmaritec, the specialist aluminium boat builder based in Northumberland, recently announced the completion of ‘Shelagh Jane’ a new aquaculture workboat for service on a fish farm on the West Coast of Scotland. This rugged no nonsense support boat is a development of the highly successful Alnmarite
Malaysia: Coastal Contracts Orders Cargotec Cranes for Offshore Support Vessels
The high degree of reliability and performance expected from its offshore cranes has earned Cargotec orders from the wholly-owned subsidiaries of a Malaysian shipbuilding and vessel chartering group, Coastal Contracts Bhd. In March Cargotec has secured new orders for two 100-tonne active heave-compe
Japan: Researchers Sample Pacific for Signs of Fukushima
An international research team is reporting the results of a research cruise they organized to study the amount, spread, and impacts of radiation released into the ocean from the tsunami-crippled reactors in Fukushima, Japan. The group of 17 researchers and technicians from eight institutions spent
Cargotec Gets New Offshore Crane Orders from Malaysia
In March Cargotec has secured new orders for two 100-tonne active heave-compensated offshore cranes from the wholly-owned subsidiaries of a Malaysian shipbuilding and vessel chartering group, Coastal Contracts Bhd (together with its subsidiaries “Coastal Group”), which is headquartered in Sabah. The
Polarcus Receives LOI for 3D Seismic Offshore Norway
Polarcus Limited, a seismic specialist headquartered in Dubai’s supersupertall skyscraper, the Almas Tower, has received a Letter of Intent from an undisclosed client for two 3D seismic survey projects offshore Norway. According to the Letter of Intent the program should start in mid-May and is expe
USA: Aker Philadelphia Shipyard Lays Keel for New Product Tanker
Aker Philadelphia Shipyard, a leading U.S. commercial shipyard, held a ceremonial keel laying yesterday morning for Ship 018, the 14th product tanker being built at the yard. Following long held shipbuilding tradition, coins were placed on one of the keel blocks that support the vessel during constr
UK: GL Noble Denton Receives Pipeline Industries Guild Award
GL Noble Denton has won the coveted Utilities category of the 2012 Pipeline Industries Guild Awards. The award honours an innovative Beam Drilling System, which is used by UK gas network operators to secure drilling equipment onto gas pipelines more safely and efficiently. The Beam Drilling System i
Divers Safely Remove Remains of V2 Rocket Off UK Coast
Royal Navy and Army bomb disposal experts have successfully removed the remnants of a V2 rocket which was submerged off the English coast. A 4-feet-long section of the German World War 2 weapon was pulled from mudflats at low tide on the River Stour between Harwich and Felixstowe. The six-man Navy t