Business & Finance
Statoil Secures New Licence Offshore Greenland
Statoil farms into a Cairn Energy operated exploration licence offshore West Greenland. Statoil has acquired a 30.625% working interest in the Pitu licence in Baffin Bay. The licence was awarded to Cairn Energy during the first Baffin Bay licensing round in December 2010. Cairn will continue as oper
Two Dry Wells for E.ON in Norwegian Sea
E.ON Ruhrgas Norge AS, operator of production licence 350, has completed the drilling of wildcat well 6507/6-4 S and is in the process of completing the drilling of wildcat well 6507/6-4 A. The wells were drilled about 10 kilometres southeast of the Skarv offshore field in the Norwegian Sea. The obj
Statoil Buys Offshore Greenland Acreage from Cairn
Statoil has acquired a 30.625% working interest in the Pitu licence in Baffin Bay. The licence was awarded to Cairn Energy during the first Baffin Bay licensing round in December 2010. Cairn will continue as operator and retains a 56.875% working interest while partner Nunaoil will retain its carrie
Dolphin Receives LoA for 3D Seismic Survey Offshore India
Dolphin Geophysical has received a Letter of Award from an undisclosed client for the acquisition of a 3D survey offshore India. The survey will be acquired with the M/V Artemis Arctic and is expected to be completed in early April 2012. Atle Jacobsen, CEO commented; “We are very pleased to be award
OSM Singapore Sign Management Agreement for Panamax ‘GNG Concord 1’
GNG Ocean Shipping Co has signed a management agreement with OSM Singapore for the management of their first newbuilding Panamax «GNG Concord 1». The vessel is to be delivered April 2012. GNG is a well reputable shipowning company at Guangzhou and OSM takes a lot of pride to establish cooperation wi
Norway: Aker Solutions Delivers Subsea Templates for Skuld Fast-Track Development
Last week, two of the three subsea templates for Statoil’s Skuld fast-track development were shipped out of Aker Solutions’ yard in Egersund, Norway. The two identical templates are being delivered on budget and on time, in line with Statoil’s standardization objectives to reduce cost levels as well
Bulker ‘Global Legacy’ Stranded at Pohang, South Korea
On 19th January, 2012, Bulker “Global Legacy” operated by NYK Global Bulk Corporation which is subsidiary of NYK Line stranded at Pohang, Korea. She has anchored at Pohang waiting for cargo. She dragged and hit break water due to strong wind. After hitting break water, she stranded at about 100meter
Norway: Aker Solutions Ships Out Subsea Templates for Skuld
Last week, two of the three subsea templates for Statoil’s Skuld fast-track development were shipped out of Aker Solutions’ yard in Egersund, Norway. The two identical templates are being delivered on budget and on time, in line with Statoil’s standardization objectives to reduce cost levels as well
Russia: Gazprom Accelerates South Stream Construction
Alexey Miller, Chairman of the Gazprom Management Committee moderated a meeting at the Company’s headquarters. The meeting was focused on the South Stream project implementation. Pursuant to the assignment by Vladimir Putin, Prime Minister of the Russian Federation, a decision was made to significan
JACCAR Holdings Acquires More Than 25 pct of BOURBON (France)
BOURBON was informed on 20th January that JACCAR Holdings SA had acquired 945 000 additional shares in BOURBON. The participation of JACCAR Holdings SA in BOURBON thus passes from 24.6% to 26.04% of the capital and 25.7% to 27.12% of the voting rights. Commenting on its rising above the 25% threshol
Dolphin Reaches Agreement with Petrosen for 3D Multi-Client Survey Offshore Senegal
Dolphin Geophysical has reached final agreement with Petrosen to commence acquisition of a 3D Multi-Client survey covering nearly 3,600 km(2) offshore Senegal. The survey will commence early March and is highly funded by industry. Dolphin already has 2D seismic data over this area, acquired in 2011
USA: GoM Records High Demand for Specialised Offshore Vessels
Infield Systems have made a report on the offshore construction activity demand in order to recognize key regions and gauge supply developments stressing the possibility for activity increase due to the arrival of transcontinental pipelines and the deepwater tie-in of various satellite wells matched
Australia: Strategic Marine Completes Construction of Work Barge ‘Alamo’
Strategic Marine has completed works on a state-of-the-art 27 metre work barge which will be delivered to the Port of Dampier to service the burgeoning resources sector. The barge named ‘Alamo’ has been built for Karratha business Offshore Plant Hire and will be chartered to marine operations compan
Lithuania Port of Klaipeda Enters New MoU
The Republic of Lithuania Port of Klaipeda and the Philadelphia Regional Port Authority (PRPA) signed an historic Memorandum of Understanding that promises to open Philadelphia ports to the European and Asian shipping trade via the ice-free port of Klaipeda, the Lithuanian port city on the eastern c