Business & Finance
Saudi Ports Authority Inks Several Capital Contracts
The Arab News reports that Abdul Aziz Al-Tuwaijri, president of Saudi Ports Authority, on Sunday inked a number of contracts for the development and maintenance of ports at a cost of SR500 million (approx. USD 133,3 million). The signing ceremony was attended by Transport Minister Jabara Al-Seraisry
UK: Fugro Seacore to Install Met Mast on Rampion Wind Farm Site
Fugro Seacore have announced that they have signed a contract relating to the design, build and installation of an offshore met mast to record and monitor site conditions on the proposed Rampion Offshore Wind Farm site in the English Channel, 13km off the coast of Sussex, UK. “We will be working on
Canada: Research Ship Tsekoa II Undergoes Refurbishment
The newest Imtech Marine member Groupe Techsol Marine Inc. has signed a contract to provide engineering for the propulsion plant of a research ship in Canada for the University of Victoria. The former Canadian Coast Guard vessel, previously known as Tsekoa II, is being refurbished and will be used f
Wintershall Begins Production in K18-Golf Field in Dutch North Sea
Germany’s largest internationally active oil and gas producer, Wintershall, is continuing to step up its activities in the southern North Sea and is now launching natural gas production from the K18-Golf field in the Dutch North Sea. By carefully designing the well and deploying a new down hole comp
UK: Wellbore Clean Up Specialist Eyes Turnover Increase
Aberdeen-based oilfield services firm Coretrax Technology Limited has secured over £1.2million of contracts since the start of the year and expanded its team to 12 people. Coretrax specialises in innovative oilfield services to the completion, cementing, abandonment and wellbore clean up sectors bot
USA: Tsekoa II to Become ‘Green Platform’ After Refurbishment
The newest Imtech Marine member Groupe Techsol Marine Inc. has signed a contract to provide engineering for the propulsion plant of a research ship in Canada for the University of Victoria. The former Canadian Coast Guard vessel, previously known as Tsekoa II, is being refurbished and will be used f
New Zealand: Salvors Suspend Activity on Rena Wreck Due to Weather Conditions
Maritime New Zealand reports that no salvage activity was undertaken over the weekend due to the weather conditions and the Smit Borneo being secured alongside at the port of Tauranga for maintenance. Salvage The Go Canopus remained close to the Rena and is monitoring the wreck. Wreck and sea/swell
Wintershall Starts Gas Production in Dutch North Sea
Germany’s largest internationally active oil and gas producer, Wintershall, is continuing to step up its activities in the southern North Sea and is now launching natural gas production from the K18-Golf field in the Dutch North Sea. By carefully designing the well and deploying a new down hole comp
BP Acquires New Offshore Acreage in Brazil
BP announced today that the Brazilian National Petroleum Agency (ANP) has approved its farm-in to four deepwater exploration and production concessions operated by Petróleo Brasileiro S.A. (Petrobras) in the Brazilian equatorial margin. BP Energy do Brasil Ltda. is taking a 40 per cent interest in e
Germany: Four Container Cranes Arrive at Wilhelmshaven
The special transport vessel from China with the first four container cranes for the EUROGATE Container Terminal Wilhelmshaven on board docked at the quayside this morning. The “Zhenhua 23” belonging to the Chinese company ZPMC, which departed from Shanghai on 6 January 2012, spent two months at sea
Flexlife to Present at OPT 2012 in Amsterdam
Flexlife, an oil and gas industry specialist in subsea project and integrity management, will outline its novel inspection and monitoring methodologies at a major event for the offshore pipeline sector. Chief Operating Officer John Marsden is delivering a paper at the Offshore Pipeline Technology Co
Singapore: EMAS Achieves Record Order Book with New Contracts
EMAS, a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry and operating brand for Ezra Holdings Limited announces two further contract awards worth a total of approximately US$131.5 million. EMAS’s fabrication division, recently rebran
New Zealand: Stark Bros Launches Steel Fishing Trawler FV LEGACY
New Zealand-based company Stark Bros, on February 21st, officially launched 16.8m Steel Fishing Trawler named FV LEGACY. Continuing the legacy theme, Elizabeth (Liz) Stark performed the official launching duties, the 2nd occasion on which she has had this honour. The vessel is designed with a single
Norway: Offshore Operators Study Electrification of Utsira High
The operators and licence holders for the Johan Sverdrup, Dagny, Draupne and Luno fields in the North Sea will study setting up a hub for the supply of electrical power from land. The study will form the basis for a decision on electrification. The study, which has been initiated by the Ministry of