Business & Finance
Australia: Exmouth Plateau Brings Joy to Chevron
Chevron Corp. today announced a natural gas discovery in the Exmouth Plateau area of the Carnarvon Basin, offshore Western Australia. The Satyr-3 well encountered approximately 243 feet (74 meters) of net gas pay. The well is located 113 miles (182 kilometers) north of Exmouth in the WA-374-P permit
Norway: Lundin Petroleum Submits PDO for Luno Field
Lundin Petroleum AB announces that its wholly owned subsidiary Lundin Norway AS as operator has, with its partners Wintershall Norge ASA (Wintershall) and RWE Dea Norge AS (RWE Dea), submitted a plan for development and operation (PDO) for the Luno field to the Norwegian Ministry of Petroleum and En
Norway: Lundin, Wintershall, RWE Dea Submit Luno PDO
Lundin Petroleum has, with its partners Wintershall Norge ASA (Wintershall) and RWE Dea Norge AS (RWE Dea), submitted a plan for development and operation (PDO) for the Luno field to the Norwegian Ministry of Petroleum and Energy (the Ministry). Lundin Petroleum is in ongoing negotiations with Det n
UK: OMM Develops Innovative Survey and Inspection Platform
OMM has announced that it is developing a bespoke, remotely-operated underwater survey and inspection platform. Following identification of a requirement for an integrated vehicle to perform survey and inspection of assorted assets from depths of up to 100m, through the intertidal zone to drying hei
Belgium: Euronav to Restructure Its Newbuilding Orderbook
Recently, Euronav, one of the world’s leading independent tanker companies, reached an agreement to restructure its current orderbook. As a result, two Suezmax owned in JV by Euronav and its partner JM Maritime and one VLCC, (TBN Alsace) will be delivered in the first quarter of 2012, a Suezmax will
Norway: Ulstein Verft Delivers PSV Blue Fighter
Ulstein Verft delivered M/V Blue Fighter, the first of two medium-sized platform supply vessels (PSV) of the new PX121 design from ULSTEIN® to Blue Ship Invest, on 19 January 2012. “The two vessels were ordered based on market trends showing a future increase in demand for this type of PSV. We have
Finland: Arctech Helsinki Shipyard Lays Keel for Icebreaking Supply Vessel
The hull assembly of icebreaking supply vessel NB-506 has started with the Keel Laying Ceremony held at Helsinki Shipyard 19 January 2012. The Russian Shipping Company Sovcomflot ordered two icebreaking supply vessels from Arctech a year ago. The vessels will be delivered in April 2013 and they will
Norway: Ulstein Delivers Blue Fighter PSV
Ulstein Verft delivered M/V Blue Fighter, the first of two medium-sized platform supply vessels (PSV) of the new PX121 design from ULSTEIN® to Blue Ship Invest, on 19 January 2012. “The two vessels were ordered based on market trends showing a future increase in demand for this type of PSV. We have
Rialto Finishes 3D Seismic Survey over Block CI‐202 Offshore Ivory Coast
Rialto Energy Limited announces that a block‐wide, full‐fold 3D seismic survey covering 891km2 has been completed over Block CI‐202 (Rialto 85% and Operator) with contractor Polarcus DMCC. Processing and interpretation of the newly acquired data will commence shortly and will provide Rialto with a f
Polarcus Acquires 3D Seismic Data Offshore Ivory Coast
Rialto Energy Limited reports that a block‐wide, full‐fold 3D seismic survey covering 891km2 has been completed over Block CI‐202 (Rialto 85% and Operator) with Dubai-based contractor Polarcus DMCC. Processing and interpretation of the newly acquired data will commence shortly and will provide Rialt
New iPS Office in Scheveningen, The Netherlands
Today, recruitment and crewing agency iPS opens a new office in Scheveningen, The Hague. Director Erwin Broeders said: “Growing market demands and increasing workloads require a full dedication to our offshore activities.” iPS has given the dedicated Offshore team their own identity. This comes with
China: CNOOC Launches Business Strategy and Development Plan for 2012
CNOOC Limited announces a summary of the Company’s business strategy and development plan for the year 2012. The total targeted net production of the Company in 2012 is 330 to 340 million barrels of oil equivalent (BOE). The Company’s net production for 2011 is estimated to be 331 to 332 million BOE
China: Rongsheng Heavy Chooses OceanSaver’s Mark II BWT Systems
Rongsheng Shipbuilding Heavy Industries, a large heavy industries shipbuilding group in China, has chosen Mark II, OceanSaver’s next generation ballast water treatment system, for two 317.000 DWT VLCC newbuildings. The contract comes just weeks after DNV type approval, certifying Mark II to fully me
USA: Lankhorst Ropes Supplies Mooring Rope for Lucius Spar
Technip USA, Inc. has contracted Lankhorst Ropes to manufacture the polyester mooring ropes for a new spar platform for the US Gulf of Mexico. The Lucius truss spar hull will be installed in a water depth of 2,165 metres (7,100 feet). The 23,000 ton spar is designed to produce 80,000 bopd of oil and