Business & Finance
Norway: PSA Grants Consent to BG Norge to Use Gaupe Subsea Facilities
BG Norge AS has been granted consent to use subsea facilities and pipelines on the Gaupe field. The Gaupe field is part of production licence 292 and lies about 240 km southwest of Stavanger, near the border to the UK shelf. The water depth in the area is about 85 metres. Production is scheduled to
UAE: Khalifa Port Receives Post Panamax STS Container Cranes
Abu Dhabi Ports Company (ADPC) has announced the arrival of the first batch of Super Post Panamax ‘Ship to Shore’ (STS) container cranes at Khalifa Port. This marks a significant milestone for Khalifa Port as it readies for Phase 1 completion at the same time as the opening of Khalifa Industrial Zon
Drydocks World Successful at Offshore Arabia 2012
Drydocks World had a successful participation in the Offshore Arabia Conference and Exhibition, organised at the Dubai International Exhibition Centre from 27 – 29 February 2012. This year’s participation formed part of the company’s well-articulated strategy of increasing its influence in the oil,
Russia: Officials Discuss South Stream Project
Alexey Miller, Chairman of the Gazprom Management Committee moderated a meeting dedicated to the South Stream project. Taking part in the meeting were Leonid Chugunov, Head of the Project Management Department, Pavel Oderov, Head of the International Business Department and Marcel Kramer, Chief Exec
Argentinian Towage Company RUA Takes Delivery of Damen ASD 2810 Tug
Argentinian towage and harbour company Remolcadores Unidos Argentinos (RUA) has just taken delivery of the ‘RUA Cap. Lucio R’, a Damen ASD 2810 tug. Although Damen’s tugs have operated in Argentina before, this vessel is the first time a Damen tug is owned by an Argentinian company. Established in 1
Norway: PSA Inspects Emergency Preparedness on Gjøa
PSA Norway, the government’s body responsible for safety, emergency preparedness and the working environment in the petroleum activities in Norway has carried out an inspection on the Gjøa facility, located in Norwegian North Sea. During the period 5-8 December 2011, the Petroleum Safety Authority N
Dong E&P Norge Gets Consent to Use Subsea Facility and Pipeline on Oselvar Field
Dong E&P Norge AS has received consent to use a subsea facility and pipeline on the Oselvar field. The Oselvar field is located southwest of Ula and northwest of Ekofisk. The field was discovered in 1991 and is part of production licences 274 and 274CS. Water depth at the site is approx. 72 metres.
Argentina: Damen ASD 2810 Tug Arrives in Buenos Aires
Argentinian towage and harbour company Remolcadores Unidos Argentinos (RUA) has just taken delivery of the ‘RUA Cap. Lucio R’, a Damen ASD 2810 tug. Although Damen’s tugs have operated in Argentina before, this vessel is the first time a Damen tug is owned by an Argentinian company. Established in 1
UK: Hydratight Launches Updated Emergency Pipeline Repair System
Hydratight has launched an updated Emergency Pipeline Repair System to offer better disaster planning and contingency services to operators and contractors. Following the dramatic reaction to the Gulf disaster in early 2011, ever-increasing demands are being placed on oil and gas operators to provid
USA: FERC Approves OPRC’s Tidal Energy Project
U.S. Senators Olympia J. Snowe and Susan Collins and Representatives Mike Michaud and Chellie Pingree applauded the Federal Energy Regulatory Commission’s (FERC) approval of a pilot project license for the Ocean Renewable Power Company (ORPC) of Portland. The permit, which requires close environment
Fairmount Summit Tows Drilling Rig ODN Delba III from Oman to Brazil
Tug Fairmount Summit has delivered the new build drilling rig ODN Delba III safely from the Persian Gulf to a location offshore Rio de Janeiro, Brazil. The total voyage over a distance of 10,625 miles was performed with an average speed of 6.0 knots. ODN Delba III is a semi submersible drilling rig
Indian Consortium to Offer USD 2 bln for Cove Energy?
Two bids have been placed so far for Cove Energy’s all issued or to be issued shares. Shell’s subsidiary, Shell Bidco, recently offered USD 1.56 billion for Cove, but Thai energy company PTTEP lifted the bar and offered USD 1.77 billion. Still, the bidding process seems to be far from over. The Time
Brazil: Odebrecht Takes Delivery of Delba III Rig
Tug Fairmount Summit has delivered the new build drilling rig ODN Delba III safely from the Persian Gulf to a location offshore Rio de Janeiro, Brazil. The total voyage over a distance of 10,625 miles was performed with an average speed of 6.0 knots. ODN Delba III is a semi submersible drilling rig
MEO Australia Releases Independent Assessment of Marina Discovery and Breakwater Prospect
MEO Australia Limited releases the findings of an independent report by Senergy (GB) Limited (“Senergy”), commissioned by MEO to provide a preliminary volumetric assessment of the Marina-1 gas and liquids discovery and the Breakwater prospect in its 100% owned WA-454-P, in the Joseph Bonaparte Gulf,