Business & Finance
Singapore: Greenship Holdings Expands Its Activities into Gas and Dry Bulk Sectors
Greenship Holdings, a fully owned Singapore subsidiary of JACCAR Holdings, has established two separate entities to expand into ship-owning and operating activities in the gas and dry bulk sectors. Greenship Holdings is aiming to own and operate advanced, fuel efficient and environmentally friendly
Red Spider Completes First West African Job
Red Spider, the Remote Open Close Technology (ROCT) specialist delivering multi-million pound savings and reduced risk to the oil & gas industry, has completed its first work in West Africa and secured additional contracts in the region. The success follows Red Spider’s recent announcement of the ap
More Work for Red Spider in E. Guinea
Red Spider, the Remote Open Close Technology (ROCT) specialist delivering multi-million pound savings and reduced risk to the oil & gas industry, has completed its first work in West Africa and secured additional contracts in the region. The success follows Red Spider’s recent announcement of the ap
USA: URI Scientists Develop Method for Measuring Pace of Life in Deep Sediments
Life deep in the seabed proceeds very slowly. But the slow-growing bacteria living many meters beneath the seafloor play an important role in the global storage of organic carbon and have a long-term effect on climate. A team of scientists from Aarhus University (Denmark) and the University of Rhode
USA: McMoran Reports Flare from Davy Jones
McMoRan Exploration Co. announced yesterday continuing progress to flow test the Davy Jones No. 1 well on South Marsh Island Block 230. As previously reported, McMoRan saw positive pressure response from the Wilcox “D” sand which was perforated on March 24, 2012. On March 26, 2012, McMoRan attempted
UK: Fugro Conducts Navitus Bay Geophysical Survey
Following the success of the preliminary geotechnical coring programme in 2010, Fugro has successfully performed a detailed geophysical survey of Navitus Bay for Eneco Round 3 Development Ltd. Navitus Bay is to the west of the Isle of Wight and lies within Zone 7 of the Crown Estate’s Round 3 UK off
Belgium’s EXMAR to Build FLRSU for Colombia
Pacific Rubiales Energy Corp. acting through its wholly owned subsidiary Pacific Stratus Energy Colombia Corp. (“PSE”), announced today the signing of a natural gas/ LNG Liquefaction, Regasification, Storage and Loading Services Agreement with Belgium based EXMAR NV (“EXMAR”). The Agreement calls fo
MOL Enhances Asia – South Africa Service Network
Mitsui O.S.K. Lines, Ltd. yesterday announced the upgrade of Asia-South Africa network with two of the following changes. MOL will meet the customer needs by providing high-quality direct services and by providing variety of port coverage continuously. 1) MOL will join new Asia and South Africa Serv
Malaysia: PETRONAS, Total to Study K5 Field Development
A Malaysian oil and gas company PETRONAS has signed a Heads of Agreement (HOA) with Total of France to jointly study the development and production potential of K5, a high carbon dioxide gas field offshore Sarawak. Under the HOA, PETRONAS’ newly established upstream research unit Exploration and Pro
Norway: Statoil Awards Disposal Contract to Kvaerner
Kvaerner has signed a contract with Statoil for dismantling and recycling of redundant offshore installations. The contract is for dismantling of the jacket and adjacent bridge foundation belonging to the previously removed Ekofisk 2/4-S platform. The jacket has a total weight of 9000 tonnes and the
Kvaerner Bags Jacket Disposal Job from Statoil (Norway)
Kvaerner has signed a contract with Statoil for dismantling and recycling of redundant offshore installations. The contract is for dismantling of the jacket and adjacent bridge foundation belonging to the previously removed Ekofisk 2/4-S platform. The jacket has a total weight of 9000 tonnes and the
UK: Development of EU Ocean Energy in Need of Greater Investment
Despite of the fast development of EU wave and tidal power technology due to the shortage of governmental financial support and that of big investors, considerable time will have to pass before this sector becomes a reliable source of energy, Euractiv informs. According to renewables manager at UK c
USA: Foss to Launch Its New Pilot Boat in April
The pilot boat Connor Foss is currently under construction at the Foss Maritime Company’s Shipyard in Rainier, Oregon, and will replace the Arrow 2 in June 2012. The Arrow 2 will be taken out of service after fifty years transporting River and Bar pilots on the Columbia River at Astoria, Oregon. The
UK: Total Shuts Production on Elgin Field Due to Gas Leak
On 25 March, Total reported that a gas leak following a well operation occurred on the same day at the wellhead platform on the Elgin gas field which is located in the UK North Sea approximately 240 km east of Aberdeen. Total immediately launched internal emergency procedures and Crisis Management T