Business & Finance
RXT Receives Contract from Hess for OBC Survey Offshore Equatorial Guinea
Reservoir Exploration Technology ASA (RXT) has received final contract award from Hess Equatorial Guinea, Inc. for an Ocean Bottom Cable survey on the Elon Field area of the Okume Field off the coast of Equatorial Guinea, West Africa. The objective of the project is to replicate a 2003 streamer surv
Hess Hires RXT for Seismic Survey in Equatorial Guinea
Reservoir Exploration Technology ASA (RXT) in November 2011 entered into LOI for 4D/4C seismic data in West Africa. Today the company confimed receiving a final contract award from Hess Equatorial Guinea, Inc. for an Ocean Bottom Cable survey on the Elon Field area of the Okume Field off the coast o
USA: Port of Oakland Commissioners Appoint New Senior Managers
The Oakland Board of Port Commissioners appointed Jean Banker as Deputy Executive Director at a January Port Board meeting (Jan. 12, 2012) and Chris Chan as Director of Engineering during the December 15, 2011 Port Board meeting. Both are Port employees who were promoted from within the organization
Italy: Rosetti Marino Delivers PSV ‘F.D. Remarkable’ to Fratelli D’Amato
On 7th January, approximately 12 months since building was commenced, Rosetti Marino, delivered the new Platform Supply Vessel “F.D. Remarkable” to Fratelli D’Amato. It is the 7th vessel of a 10-unit series – Rolls Royce UT 755 XL design, commissioned by the Neapolitan Owner to the Italian Shipyard
Italy: Rosetti Marino Delivers ‘Remarkable’ PSV
On 7th January, approximately 12 months since building was commenced, Rosetti Marino, delivered the new Platform Supply Vessel “F.D. Remarkable” to Fratelli D’Amato. It is the 7th vessel of a 10-unit series – Rolls Royce UT 755 XL design, commissioned by the Neapolitan Owner to the Italian Shipyard.
Australia: Woodside to Remain Browse LNG Project Operator
In regards to media speculation that Woodside is seeking to divest equity in the Browse LNG Development, Woodside released a statement in which it says that the company has not made any decision to reduce its equity in the proposed development at this time. In response to significant interest from a
Maersk Line Leads Fuel Switch at Port of Virginia, USA
Maersk Line will switch to low-sulfur fuel while at berth for all of its containerships calling the Port of Virginia starting in February. This fuel switch program will help improve air quality in the greater Hampton Roads area by significantly reducing emissions of sulfur and nitrogen oxides and pa
UK: Fairstar Wins Golden Eagle Gig from Saipem
Fairstar Heavy Transport N.V. (FAIR) has been awarded two contracts by Saipem to provide marine transportation services for the Golden Eagle Project in the North Sea, offshore UK. The first voyage is scheduled in early 2013 and will involve the FINESSE. The second voyage is scheduled in early 2014 a
FAIR Wins Two Transportation Contract from Saipem for Golden Eagle, UK
Fairstar Heavy Transport N.V. (FAIR) has been awarded two contracts by Saipem to provide marine transportation services for the Golden Eagle Project in the North Sea. The first voyage is scheduled in early 2013 and will involve the FINESSE. The second voyage is scheduled in early 2014 and will invol
Australia: WPC and ATV Join Forces in Subsea Valve Market
Western Process Controls have been one of Western Australia’s premier valve suppliers for the past 27 years, primarily in the Topside and Downstream market segments. With the advancements in subsea technology, making more subsea production processes possible and significant subsea projects in WA has
Pew Urges Reforms to EU Deep-Sea Fishing Regulations
The Pew Environment Group today encouraged the European Commission to implement significant reforms to EU deep-sea fishing regulations. The Commission is preparing to release its deep-sea access regime proposal before the end of the first quarter of 2012. In a new policy analysis, “Out of the Abyss:
SNS2012: Making the Most of Southern North Sea’s Rich Resources (UK)
The eyes of the world are focused on the East of England’s rich energy assets and that will be reflected in one of the region’s major conferences in Norwich this year. The Southern North Sea Conference, SNS2012, staged by EEEGR (the East of England Energy Group) will be the biggest ever, with a stro
Bangladesh: VOSTA LMG Delivers Three CSD’s 450 to BIWTA
Karnafuly joint venture consortium ltd. delivered three high quality Cutter Suction Dredgers 450 to Bangladesh Inland Water Transport Authority (BIWTA). On Wednesday the 18th of January the vessels were inaugurated by the Prime Minister of Bangladesh, Sheikh Hasina. The vessels were built in close c
Panama Canal Authority Renews Strategic Alliance with NC State Ports Authority
The Panama Canal Authority (ACP) and North Carolina State Ports Authority (NCSPA) recently renewed their strategic alliance with the signing of a Memorandum of Understanding (MOU). The MOU, which is renewable for five years, was first signed in December 2010. The agreement reaffirms both entities’ d