Business & Finance
USA: Discovery to Expand Pipeline System in Deepwater Gulf of Mexico
Williams Partners L.P. and DCP Midstream Partners, LP announced a planned expansion of the Discovery natural gas gathering pipeline system in the deepwater Gulf of Mexico. Discovery intends to construct the Keathley Canyon Connector, a 20-inch diameter, 215-mile subsea natural gas gathering pipeline
India: Axis Bank Chooses BMT for Kandla Port PPP Project
BMT Consultants India, a subsidiary of BMT Group Ltd, the leading international maritime design, engineering and risk management consultancy, announced yesterday that it has been appointed as Lender’s Engineer by Axis Bank for the PPP (Public Private Partnership) project at Kandla Port, located in t
USA: Start of Discovery Pipeline System Expansion Scheduled for 2013
Williams Partners L.P. and DCP Midstream Partners, LP have recently announced a planned expansion of the Discovery natural gas gathering pipeline system in the deepwater Gulf of Mexico. “There is also opportunity for future growth, as it will run in close proximity to several known discoveries and n
USA: Bolt Technology Releases Second Quarter Results
Bolt Technology Corporation announced financial results for the second quarter and the first six months of fiscal year 2012. Sales for the second quarter of fiscal year 2012, the three months ended December 31, 2011, amounted to $14,588,000 compared to $10,124,000 for the second quarter of fiscal ye
Norway: NPD Receives PDO for Hild Field in North Sea
The Norwegian Petroleum Directorate has received the plan for development and operation (PDO) for the oil and gas discovery 30/7-6 Hild in the North Sea. Total is the operator for the development. Total recoverable reserves in the discovery are estimated at 29 million cubic metres of recoverable oil
Australia: DSME Contracts Technip for Wheatstone Platform Design
Technip Oceania (TPO), a Technip Group ) operating centre in Perth, Australia, has been awarded a contract, worth approximately AUD110 million (€90 million), by South Korea’s Daewoo Shipbuilding and Marine Engineering (DSME) for the detailed design of Chevron’s Wheatstone offshore gas processing pla
Norway: Shell Hires 3 Large PSVs from DOF
DOF ASA, has entered into 2 new contracts and one extension of an existing contract with Shell. DOF Rederi AS, a daughter company of DOF ASA, has entered into 2 new contracts and one extension of an existing contract with Shell. For the Skandi Foula and the Skandi Rona the firm contract periods are
DOE Reports Potential for Wave and Tidal Energy Production in USA
DOE released on January 18 two resource assessments showing that waves and tidal coastal currents could contribute significantly to U.S. electricity production. The West Coast, including Alaska and Hawaii, has especially high potential for wave energy development, while significant opportunities for
UK: TWMA Appoints New Sales Director
Aberdeen-based integrated drilling waste and environmental services company TWMA has announced the appointment of Rob O’Neill as sales director. In this role Mr O’Neill will be responsible for driving the continued global growth of the company, specifically in the target markets of the Americas, Nor
Norway: Lundin Provides NPD with Development Plan for Luno
The Norwegian Petroleum Directorate has received the plan for development and operation (PDO) for the oil and gas discovery 16/1-8 “Luno” in the North Sea. Lundin is the operator for the development. Total recoverable reserves in the discovery have been estimated at 29.1 million cubic metres of oil
USA: LMGOA Recognizes MWCC with Blue Heron Award
Marine Well Containment Company (MWCC) was recognized with the Blue Heron Award from the Louisiana Mid-Continent Oil and Gas Association (LMOGA) during the association’s annual meeting in New Orleans. Created in 1993, the award recognizes exceptional environmental stewardship in association with oil
Switzerland: ABB Provides Energy Management System for New Viking Line Eco Ferry
ABB, the leading power and automation technology group, has won an order to provide an energy management system for one of the world’s most environmentally-friendly cruise ferries, which is due to be delivered to Viking Line in 2013. The ship is being built in Finland at the STX Yard in Turku. The n
USA: Court Dismisses Claims Against Dril-Quip Related to Deepwater Horizon
Dril-Quip, Inc. announced that Judge Carl J. Barbier, the federal court judge in the Eastern District of Louisiana presiding over the multi-district proceeding In Re: Oil Spill by the Oil Rig “Deepwater Horizon” in the Gulf of Mexico, on April 20, 2010, issued an order on January 20, 2012 granting D
Empire Navigation Takes Delivery of MV Iron Fritz at Xiamen Port, China
Ship Management company Empire Navigation Inc. announced that the company, on 18th of January 2012, took over management of bulk carrier M/V Iron Fritz. The delivery of the vessel took place at Xiamen Port (China). Empire Navigation Inc. is a member of INTERTANKO, BIMCO, OCIMF, and HELMEPA. Its Safe