Business & Finance
Scottish Energy Minister Opens Falck Nutec’s Training Facility
A global offshore training specialist yesterday officially opened its revamped Montrose operation. Falck TMS, the Training Management Service arm of global health and safety training provider Falck Nutec, were joined by Scottish Energy, Enterprise & Tourism Minister, Fergus Ewing, and a number of in
Statoil Secures Interests in Eleven Production Licences on Norwegian Shelf
Statoil was awarded ownership interests in eleven production licences on the Norwegian shelf. Statoil will be the operator in eight of the licences. In this APA round (Awards in Predefined Areas), Statoil applied for more areas than has been the case in recent years, submitting a targeted applicatio
Lauritzen Takes Delivery of Second Shuttletanker from Chinese Shipyard
On January 15th 2012, Lauritzen Offshore took delivery of Dan Sabia, the second of two identical purpose-built 59,000 dwt double-hull DP2 shuttletankers from Cosco Nantong shipyard in China. The shuttle tanker newbuilding features state-of-the-art design and dynamic positioning technology, which ena
Norwegian Gov’t Offers 60 Production Licences in APA 2011
The Norwegian Government has decided to offer 60 production licenses in the Awards in Predefined Areas round for 2011 (APA 2011). – Today, I am offering participation interests in production licenses to 42 companies. Twenty-seven of these companies are being offered operatorships. APA 2011 is the mo
Germany: IHC Offshore Systems Provides Noise Mitigation System to Protect Sea Life
IHC Offshore Systems, part of IHC Merwede, announces it has been awarded a rental contract for the Noise Mitigation System NMS-6900. Dutch offshore contractor Seaway Heavy Lifting will operate the NMS-6900 during the installation of 30 monopile foundations for the Riffgat offshore wind farm off the
Malaysia: Nam Cheong Steers Shipbuilding with 59m AHTS Newbuild
The current project expected to contribute positively to the earnings of Nam Cheong Limited upon its further steering of shipbuilding is the construction of a 5,150 brake horsepower Anchor Handling Towing Supply (AHTS) vessel that will be sold to Gulf Glory Marine Services LLC, a United Arab Emirate
Norway: Statoil, Partners Choose Concepts for Dagny and Eirin Developments
Norway’s oil and gas exploration and production giant ,Statoil, and its partners have selected a fixed platform for the Dagny oil and gas discovery in the North Sea, while the Eirin gas field is to be developed with a subsea solution. Gas from Dagny will be exported through a tie-back to the infrast
Hercules Offshore Announces Liftboat in Nigeria Likely Lost in Fire
Hercules Offshore today announced that the Mako, a 175′ class liftboat in Nigeria, was engulfed by a fire that originated on a third-party rig, the KS Endeavor, during the early morning hours on January 16, 2012. The Mako was providing excess storage services adjacent to the KS Endeavor drilling rig
Singapore: OSM Takes Full Management of PSV Crest Olympus
OSM, an independent marine-services provider offering offshore, ship management and consultancy services, takes full management of the PSV Crest Olympus. PSV Crest Olympus is currently at port in Singapore being retrofitted to work as an Oil Recovery Vessel for Petrobras, Brazil Designed by Wartsila
Greece: Paragon Shipping Enters Charter Agreement for MV Calm Seas
Paragon Shipping Inc., a global shipping transportation company specializing in drybulk cargoes, announced today that it has entered into a fixed rate time charter agreement for its Vessel, M/V Calm Seas, with Intermare Transport GMBH. The M/V Calm Seas, a 1999 build, 74,047 dwt Panamax bulkcarrier,
Norway: Statoil Selects Concepts for Dagny and Eirin
A fixed platform has been selected by Statoil and its partners for the Dagny oil and gas discovery in the North Sea, while the Eirin gas field is to be developed with a subsea solution. Gas from Dagny will be exported through a tie-back to the infrastructure on Sleipner East, while offshore loading
Norway: Westcon Lofteteknikk Takes Delivery of J D Neuhaus’ Largest Crane
The largest crane system constructed to date by J D Neuhaus has been delivered to Westcon Lofteteknikk AS (WCL) of Norway for use on an offshore drilling rig. The semi portal design comprises an A-frame supporting twin overhead horizontal track beams providing a 7.5 metre span. The crane has an appr
Denmark: A2SEA Increases Stake in CT Offshore
In July 2011 A2SEA acquired a 29% share interest in the Danish cable installation company CT Offshore. A2SEA has now decided to increase their shareholding in the company to 67%. The remaining 33% of the shares are still owned by CT Offshore’s founder and CEO, Paw Cortes. The company will stay at it
Norway: Total Oil Production in 2011 below NPD’s Estimates
The Norwegian Petroleum Directorate, a governmental specialist directorate and administrative body today released preliminary production figures for December 2011. The figures show an average daily production of about 1 990 000 barrels of oil, NGL and condensate. This is a decrease of 60 000 barrels