Business & Finance
Keel-laying Ceremony for Frigate Admiral Golovko at Severnaya Verf, Russia
Festive keel-laying ceremony took place at Severnaya Verf shipyard (St. Petersburg). The name plaque was triumphantly planted on a section of frigate Admiral Golovko constructed for Russian Navy. The ceremony was attended by Navy Commander-in-Chief ADM V. Vysotsky, fleet commanders and top-ranking n
Alaska: Buccaneer Acquires Cosmo from Pioneer
Buccaneer Energy Limited has executed a Purchase and Sale Agreement for the acquisition of the two main productive leases in the former Cosmopolitan Unit (“Cosmo”) from Pioneer Natural Resources Alaska, Inc. Cosmo is an undeveloped oil and gas field located in 50 feet of water in the Cook Inlet of A
Edison Chouest Orders PSV in Poland
REMONTOWA SHIPBUILDING S.A has signed a contract for building of a Platform Supply Vessel for Edison Chouest Offshore from Louisiana, USA. New building vessel is continuation of the series of four units of the same type which has been started last year. She will be built according to the project ela
COSL’s Submarine Cable Fleet Commences 3D Surveying in China South Sea
China Oilfield Services Limited announces its submarine cable fleet, Binhai517, has commenced a 3D encryption operation in China South Sea. This marks the beginning of the Company’s 3D surveying operations in China South Sea. Binhai517 Submarine Cable Fleet is COSL’s second submarine cable fleet, co
BHP Billiton Approves Fonds for Port Hedland Project, Australia
BHP Billiton today announced approval of US$917 million (BHP Billiton share US$779 million) in pre-commitment funding for the construction of a 100 million tonne per year outer harbour facility associated with its Western Australia Iron Ore operations. The project, which is expected to be reviewed f
Norway: Aker Solutions Buys Sandnessjoen Engineering
Aker Solutions acquires Norwegian engineering company Sandnessjøen Engineering. The acquisition will strengthen Aker Solutions’ presence in northern Norway and grow the company’s engineering capacity for offshore projects. Over the past 20 years, Sandnessjøen Engineering has established a strong and
Petrobras Working on Oil Spill Containment Offshore Brazil
Petrobras announces that, since Jan 31, it has adopted all contingency procedures in response to the rupture that took place in the vertical production testing column (connecting the platform to the wellhead) of FPWSO Dynamic Producer. The platform is operating in the Extended Well Test (EWT) that i
Tsuji Shipyard Delivers Two Bulk Carriers to Turkish Shipowner
Recently Tsuji Heavy Industries successfully delivered two 30,000 DWT Bulk Carriers “Lady Demet” & “Lady Begum” to the Turkish shipowner DMY DENİZCİLİK A.Ş. These two vessels will be operated by Deval Shipping Group. Tsuji Heavy Industries (Jiangsu) Co., Ltd. was established around 2003, located alo
SBM Offshore Wins Turret and Mooring System Contract for Ichthys LNG, Australia
SBM Offshore said that it has been awarded a contract by the Ichthys LNG Project for the engineering, procurement, fabrication and supply of a Turret and Mooring system. This system will be integrated by the client into the Ichthys FPSO and installed offshore NW Australia. The contract also includes
Norway: IBM Helps Oil and Gas Companies to Minimize Environmental Impact
IBM has been selected for a global research project to develop the world’s first integrated environmental monitoring system aimed at helping oil and gas companies minimize the environmental impact of their operations. IBM researchers, developers and a team from IBM’s Centre of Excellence for Oil and
South Korea: Pacific Drilling Extends Option for its 7th Drillship
Pacific Drilling S.A. has reached an agreement with South Korea’s Samsung Heavy Industries to extend until February 17, 2012 an option to construct a seventh ultra-deepwater drillship. Under the revised terms of the option agreement, the delivery of the drillship will be no later than May 17, 2014.
Norway: Kongsberg Maritime’s Polaris Bridge Simulator Gets DNV Approval
Kongsberg Maritime’s cutting-edge Polaris Bridge Simulator has received new DNV approval for the product category Bridge Operation Simulator, which includes notifications for training on integrated bridge systems including integrated navigation systems. The approval, which was awarded 18th January 2
Australia: SBM Offshore to Supply Turret and Mooring System for Ichthys Project
SBM Offshore announces it has been awarded a contract by the Ichthys LNG Project for the engineering, procurement, fabrication and supply of a Turret and Mooring system. This system will be integrated by the client into the Ichthys FPSO and installed offshore NW Australia. The contract also includes
Pacific Drilling, Samsung Heavy Agree to Extend Option for New Drillship
Pacific Drilling S.A. announced that one of its subsidiaries has reached an agreement with Samsung Heavy Industries to extend until February 17, 2012 an option to construct a seventh ultra-deepwater drillship. Under the revised terms of the option agreement, the delivery of the drillship will be no