Business & Finance
10 Blocks for Lundin Offshore Norway
Lundin Petroleum has been awarded 10 exploration licence interests in the 2011 Norwegian Licensing Round, (Awards in Predefined Areas, APA). Minister of Petroleum and Energy Ola Borten Moe described APA 2011 as the most extensive licensing round ever undertaken on the Norwegian continental shelf. T
UK: Osiris Projects at Oceanology International 2012
Osiris Projects are confirmed to exhibit at Oceanology International 2012 at ExCeL, London. The company will be showcasing their expertise within the field of ultra-high resolution shallow water survey and, subject to work schedules, demonstrating their 27.5m semi-SWATH specialist coastal survey ves
UK: UKHO Delivers Another Successful International Training Course
The UKHO has once again successfully delivered another of its internationally accredited marine cartography courses to six overseas hydrographic officers. The six delegates from Bangladesh, Indonesia, Mexico, Oman, Pakistan and Philippines completed the 15 week marine cartography course in December,
Valiant Petroleum Gets its First Operatorship on Norwegian Continental Shelf
Valiant Petroleum plc has been awarded operatorship and a 50% interest in License PL 617, Block 2/9 on the Norwegian Continental Shelf as part of the APA 2011 Licensing Round. The other partners are Premier Oil Norge AS (35%) and Bridge Energy Norge AS (15%). The award represents Valiant’s first ope
UK: Osiris Projects to Participate at Oceanology International 2012
Osiris Projects are confirmed to exhibit at Oceanology International 2012 at ExCeL, London. The company will be showcasing their expertise within the field of ultra-high resolution shallow water survey and, subject to work schedules, demonstrating their 27.5m semi-SWATH specialist coastal survey ves
Greece: Diana Shipping Takes Delivery of Dry Bulk Carrier Leto
Diana Shipping Inc., announced that the Company has taken delivery of the m/v “Leto”, (formerly “Vathy”), a 81,297 dwt Panamax dry bulk carrier built in 2010. As previously announced, the Leto is chartered to EDF Trading Ltd., London, at a gross charter rate of US$12,900 per day, minus a 5% commissi
GBI Lands First Ever Subsea Cable in Iraq
Gulf Bridge International (GBI) landed in Al Faw the first subsea cable providing connectivity to Iraq. With broadband penetration in Iraq currently standing at less than 3%, the connection marks a significant milestone for the nation’s telecom sector. GBI’s high-capacity system, which lands with Th
UK: Teledyne TSS Announce Launch of New Products at Oceanology 2012
Visitors to the Teledyne TSS stand at Oceanology (Stand No D100) will be among the first to view the newest additions to this well-respected company’s advanced product range. With its reputation having been built on motion sensor technology, visitors will be able to witness the launch of yet another
Australia: Saipem Bags USD 1.8 Billion E&C Offshore Contracts
Saipem has been awarded new E&C Offshore contracts worth $1.8 billion which will be carried out by the newly-built Castorone pipelay vessel. In Australia, Saipem has signed an EPCI contract with INPEX for the Gas Export Pipeline (GEP) on the Ichthys LNG Project. Saipem’s scope of work will include t
Australia: Saipem Bags Ichthys Project Pipeline Deal from INPEX
Italy’s Saipem has been awarded new E&C Offshore contracts worth $1.8 billion which will be carried out by the newly-built Castorone pipelay vessel. In Australia, Saipem has signed an EPCI contract with INPEX for the Gas Export Pipeline (GEP) on the Ichthys LNG Project. Saipem’s scope of work will i
Norway: Graig Offshore Expands Service
The Graig Group has launched a new subsidiary, Graig Offshore, which will consolidate and expand the group’s existing services to the offshore energy industries. Based in Oslo and Cardiff, Graig Offshore will be headed up by Jan Erik Granholdt, who has extensive offshore experience. Graig currently
UK: Graig Expands its Offshore Services Offer
The Graig Group has launched a new subsidiary, Graig Offshore, which will consolidate and expand the group’s existing services to the offshore energy industries. Based in Oslo and Cardiff, Graig Offshore will be headed up by Jan Erik Granholdt, who has extensive offshore experience. Graig currently
Norway: Det Norske Pleased with Offered Acreage
Det norske oljeselskap ASA has been offered an interest in nine licenses in the APA 2011 licensing round. The company has been offered the operatorship in three of the nine licenses. Bjørn Martinsen, VP Exploration in Det norske, said he is very pleased with the awards. He is particularly satisfied
Russian Shipping Register to Increase Efficiency of Applications Processing
Russian Maritime Register of Shipping (RS) will implement a new system of internal documents and tasks management. In recent years, the number of applications and requests from ship owners to RS has significantly increased. The new system will speed up and simplify the applications and requests proc