Business & Finance
Octanex Wraps Up Ascalon 3D Survey Offshore Australia
Octanex N.L. has announced that the last of three new 3D seismic surveys, the Ascalon 3D survey in WA-407-P, has been completed and the acquisition vessel, “Voyager Explorer”, has been demobilised. These new 3D seismic surveys have been acquired within three of the Company’s six Southern Bonaparte B
UK: Aiger Wave Power Announces Project Information Document
Aegir Wave Power, in collaboration with the Shetland Islands Council and the Shetland Charitable Trust, have produced a new information document giving an overview of the Aegir Project. The short, ‘Aegir Project Introduction’, is intended as a guide to all interested parties and gives an overview of
Kingdom of Bahrain Hosts World Maritime Day Parallel Event 2012
The General Organisation of Sea Ports (GOP) announced that the Kingdom of Bahrain has been selected as the venue for the World Maritime Day Parallel Event 2012 by the International Maritime Organisation (IMO) Council. This high-profile event will focus on maritime-themed activities based on the 2012
Singapore: Jurong Shipyard to Build Helix’s New Well Intervention Vessel
Helix Energy Solutions Group, Inc. announced that it has signed a contract with Sembcorp Marine’s subsidiary Jurong Shipyard in Singapore for the construction of its newbuild semisubmersible well intervention vessel previously announced by Helix in February. Owen Kratz, Helix’s Chairman and CEO, sta
UK: BMT, Partners Work to Improve Metocean Services
BMT ARGOSS, a subsidiary of BMT Group, has announced its latest research project in partnership with Reading University and OceanExpert Ltd. The 18 month project which is co-funded by the Technology Strategy Board, the UK’s national innovation agency, will look at developing, trialling and implement
Singapore: Jurong Shipyard to Build Well Intervention Rig for Helix
Sembcorp Marine’s subsidiary Jurong Shipyard has secured a US$385.5 million contract to build a semi-submersible well intervention rig from Helix Energy Solutions Group Inc. (Helix), a market leader in subsea well intervention services. Scheduled for delivery in January 2015, the semi-submersible we
First Oil Flows at Caesar/Tonga Field in U.S. GoM
Anadarko Petroleum today announced the first production at the Caesar/Tonga development in the Green Canyon area of the deepwater Gulf of Mexico. Production from Caesar/Tonga, with an estimated resource base of 200 to 400 million barrels of oil equivalent (BOE), is expected to ramp up to approximate
Helix Orders Semi-Sub Well Intervention Rig in Singapore
The semi-submersible well intervention rig will be built based on Bassoe Technology’s naval architectural design with Helix’s equipment layout. Featuring the latest technology, the rig is an efficient purpose-designed platform with capabilities to perform a wide variety of tasks, including conventio
Greece: Danaos Corporation Receives Another Newly Built Containership
Danaos Corporation, a leading international owner of containerships, announced that on March 8, 2012, it took delivery of one more newly built containership, the HYUNDAI TENACITY, expanding its operational fleet to a total of 62 containerships aggregating 325,879 TEU. The HYUNDAI TENACITY, built at
Italy: TERNA SpA Announces Tender for Subsea Cable Services
TERNA SpA has announced the invitation for tenders for subsea cable services in duration of 18 months from the date of contract award. The official language for tenders is Italian. The scope of work will be comprised of supplying and laying of the submarine and terrestrial 150 kV HVAC “Capri – Torre
Finland: Nord Stream AG Invests in Protection of Baltic Sea
The protection of the Baltic Sea will be further expanded: this spring, Nord Stream AG intends to establish an international nature conservation foundation for the Baltic Sea. This is a further outcome of the agreement reached in 2010 between Nord Stream AG and the environmental associations WWF and
Iraq: Leighton Delivers First Oil from ICOEEP Phase 1
Leighton Offshore announced that following the successful hydrostatic testing of the onshore and offshore pipeline systems and subsequent final commissioning of the offshore export facility, crude oil was now flowing to a single point mooring (SPM) installed under the $799m Iraq Crude Oil Export Exp
Angola: No Charters for Sonatide until JV Issues are Resolved
Tidewater Inc. announced today the following update with respect to its negotiations with Sonangol, the national oil company of Angola, regarding Sonatide, the joint venture between Sonangol and Tidewater through which Tidewater markets its boat services to energy companies for operation in the wate
USA: Offshore Wind Needs More Noise Impact Studies
Long-term impacts of turbine noise on the marine life are still poorly understood and the lack of data might have unfavorable impacts on offshore wind projects, reports Vineyard Gazette. However, certain studies have provided some clues about how marine life might be affected by underwater turbine n