Business & Finance
USA: Genesis to Support Shell’s SURF Projects
Genesis has been awarded an Enterprise Framework Agreement by Shell Global Solutions International B.V., covering Subsea Umbilical Risers and Flowlines (SURF), Engineering and Project Management Services. The contract duration is 5 years, with the option to extend for an additional 5 years and will
Indonesia: Jakarta’s Governor Inaugurates Seribu Island Underwater Electricity Cable
The underwater electricity cable for six islands in Seribu Island, Harapan, Pramuka, Panggang, Kelapa, Kelapa Dua, and Karya, has been set by the Jakarta Governor Fauzi Bowo. At the inauguration ceremony in Panggang Island, Governor Fauzi said that he hopes the residents will be able to use the elec
Australia: Neptune 1H Revenue Rises
Neptune Marine Services Limited has reported a net profit after tax from operations of $1.3 million for the first half ended 31 December 2011. The Company reported an EBITDA for the half of $3.7 million. Revenue increased by 5.6 per cent on the previous corresponding period to $60.5 million. The Com
Norway: Solstad Gets Recognition for Green Operations Initiative
Solstad Offshore won the Environmental award at the Annual Offshore Support Journal (OSJ) 2012 event. The company won the prize for its Green Operations initiative, which has seen the company work with the Rainforest Foundation Norway to reduce emissions and provide funds towards protecting the rain
Russia: Rosatomflot Reveals Plan to Construct Largest Nuclear Icebreaker
Rosatomflot has revealed its plans to construct an LK60, the largest and most powerful nuclear icebreaker ever built, that will be deployed in the Northern Sea Route. Vyacheslav Ruksha, General Director of Rosatomflot, says to BarentsObserver that the estimated cost for a new icebreaker is € 1.1 bil
Japan: Sasaki Shipbuilding Launches Newbuild Oil-chemical Tanker
Sasaki Shipbuilding, located on the island of Kinoe, few days ago held launching ceremony for newbuild vessel JYOHOUMARU. The vessel is an oil/ chemical tanker with the capacity of 6,316cbm build in accordance with the latest environmental standards. The vessel was launched safely on a beautiful sno
Clipper Takes Delivery of Its New Multi-purpose Vessel in China
Clipper has taken delivery of the newbuilding Clipper New York. The vessel is the last in a series of four 17,000 dwt, multi-purpose vessels ordered from Tongfang Shipyard, China. The delivery of the vessel is in line with Clipper Projects’ strategic goal to renew the fleet. On her maiden voyage the
Denmark: Ramboll Expands its Headquarters
Strong growth makes the Ramboll Oil & Gas headquarters in Esbjerg, Denmark expand with 2,500 square meters of rental office facilities located close to the harbour. For a long time Ramboll in Esbjerg has held a wish to unify all activities at one address. However, plans for a new building next to th
China: TSHD “Chang Jiang Kou 02” Launched
The naming and launch ceremony for the 12,000m³ trailing suction hopper dredger, CHANG JIANG KOU 02, took place today at the Daoda Heavy Industry shipyard in Qidong, China. IHC Merwede is building the impressive vessel for Yangtze Estuary Waterway Administration Bureau MOT, which is based in the Peo
Launch Ceremony for TSHD CHANG JIANG KOU 02 at Chinese Shipyard
The naming and launch ceremony for the 12,000m³ trailing suction hopper dredger, CHANG JIANG KOU 02, took place on 22 February 2012 at the Daoda Heavy Industry shipyard in Qidong, China. IHC Merwede is building the impressive vessel for Yangtze Estuary Waterway Administration Bureau MOT, which is ba
Azerbaijan: Shah Deniz Partners Select TAP Pipeline
Shah Deniz consortium in Azerbaijan lead by BP and SOCAR has selected Trans Adriatic Pipeline over the ITGI (Interconnector Turkey-Greece-Italy) as the pipeline route for Caspian natural gas. The pipeline will carry gas from Shah Deniz field located in the Caspian Sea to Italy and further to Western
Ezion Secures Charter Contract for Service Rig Offshore Myanmar
Ezion Holdings Limited announces that it has secured a charter contract with a value of up to USD 118 million over a 3 year period to provide a service rig (“Service Rig”) to be used by a European based multinational oil company to support its oil & gas activities in offshore Myanmar. The Service Ri
UK: The Underwater Centre Reports Increase in Employment of their Students
A leading subsea training centre has reported an increase in employment of their students, with 50% of one class being employed within a week of graduating. The Underwater Centre, Fort William saw half of a recent ROV class employed by leading providers of subsea services to the oil and gas industry
UK: Navy Helps Reduce Somali Pirate Activity
Following his posting as Commander of the UK Counter-Piracy Task Group, Captain Gerry Northwood, Royal Navy, has written in The Times newspaper about how concerted efforts are helping reduce attacks on merchant vessels. Captain Northwood writes: “Eleven pirates on board with automatic weapons and ro