Business & Finance
Singapore: ST Marine to Upgrade Saipem’s Pipelaying Vessel
ST Marine has recently won a contract from Saipem (Portugal) Comercio Maritimo (Saipem) to upgrade the heating, ventilation, and air conditioning (HVAC) system and accommodation piping system for pipe-laying vessel, Castoro 8. It will undertake the design development, engineering and supply of a new
COSL Completes Fracturing Operation at Sinopec’s Well in Ningbo (China)
The well completion and output enhancement unit of China Oilfield Services Limited （“COSL”） has recently successfully completed a fracturing operation at Sinopec’s 14-2-1 well in Ningbo. This is the first fracturing operation COSL performed for Sinopec. The professionals at the well completion and o
UK: Red Penguin Receives Contract for Wave Hub
Wave Hub Limited has awarded a contract for the marine operational management and electrical engineering services in order to ensure a safe and efficient facility, Wave Hub. Red Penguin Associates Limited was chosen for this contract on January 11, 2012, thus it is most likely that the company will
USA: Leading Cruise Lines Announces Comprehensive Audit of Safety and Emergency Response
Following the tragic Costa Concordia accident, Carnival Corporation & plc, parent company of Costa Cruises and nine leading cruise lines around the world, announced a comprehensive audit and review of all safety and emergency response procedures across all of the company’s cruise lines. Carnival Cor
Australia: ASSC-1 Announces Development of Perth to Singapore Submarine Cable System
ASSC-1 Communications Group Pty Ltd (ASSC-1), a private Australian submarine cable developer, today announced the development of a new Perth to Singapore submarine cable system. ASSC-1 will deliver a four-fibre pair cable system which will span a distance of 4,600 kilometres with an initial design c
The Netherlands: Bluestream Mobilises DPII DSV Seabed Worker for Installation Works
Bluestream Offshore has kicked off 2012 early in the season with the award of an air diving project in Block L in the Southern North Sea part of the Dutch Continental Shelf. Bluestream will be using the high spec DPII DSV Seabed Worker for its diving operations. After a careful selection process, Bl
Ireland: Arklow Marine Completes Construction of WFSV Gardian 8
Arklow Marine completed construction of the first 20-meter Wind Farm Service Vessel “Gardian 8″. New Vessel is undergoing sea trials in Arklow. “Gardian 8″ has been commissioned to service the offshore renewable industry in the U.K. Official launch of the vessel will be on Tuesday 24th January, 2012
Norway: Snohvit Gas Flows Again
Statoil has resumed production at the LNG plant at Melkøya outside Hammerfest following a temporary shutdown due to rupture of a firewater line last Wednesday. The facility can revert to full production without any production limitations. “We have a good overview of the extent of the damages and we
Red Penguin Associates Bags Wave Hub Contract (UK)
Wave Hub Limited has awarded a contract for the marine operational management and electrical engineering services in order to ensure a safe and efficient facility, Wave Hub. Red Penguin Associates Limited was chosen for this contract on January 11, 2012, thus it is most likely that the company will
Red Penguin Associates Bags Wave Hub Contract (UK)
Wave Hub Limited has awarded a contract for the marine operational management and electrical engineering services in order to ensure a safe and efficient facility, Wave Hub. Red Penguin Associates Limited was chosen for this contract on January 11, 2012, thus it is most likely that the company will
Norway: Shell Extends Contract for Drillship West Navigator
North Atlantic Drilling has been awarded an 18 month contract extension for the drillship West Navigator by A/S Norske Shell. This contract extension will secure employment for West Navigator until end of June 2014. The estimated revenue value for the contract extension is US$320 million. Alf C Thor
Turkmenistan: Dragon Boosts Dzheitune Output
Dragon Oil plc, an international oil and gas exploration, development and production company, announces the successful testing of the Dzheitune (Lam) 13/163 development well, located offshore Turkmenistan. The Dzheitune (Lam) 13/163 well was completed with a single string to a depth of 2,703 metres
USA: Intellocorp Launches New Maritime Intelligence Software
Intellocorp LLC a Maritime Technology Company focused on business and process optimization in the Maritime industry, launched their latest software product, IntelloShip. IntelloShip is a new state-of-the-art maritime business intelligence software that provides an in depth overview of the daily oper
Brazil: Petrobras Breaks Oil Production Record
Petrobras’ average oil and natural gas output in Brazil reached a record volume of 2,376,359 barrels of oil equivalent per day (boepd) in 2011, 1.6% up on the 2010 output. Oil production alone also set an annual record with a daily average of 2,021,779 barrels, exceeding the 2010 production by 17,60