Business & Finance
Norway: Island Offshore, Statoil Sign Charter Deal for Island Vanguard AHTS
Island Offshore, a Norwegian shipping company that owns a modern fleet of advanced and high quality service vessels for the offshore oil industry, has signed an agreement with Statoil for a three month charter with the MV Island Vanguard AHTS. The main duty for the vessel is anchor handling and asso
Rosler Advocates Fast Offshore Wind Grid Connection (Germany)
German ministries of environment and economy helped set up a group, which will also include regulators and industry officials, to discuss and resolve the issues delaying the offshore wind expansion. Economy Minister Philip Roesler said: “The expansion of offshore wind energy is the key component to
Oman Shipping Company Takes Delivery of Its Latest VLCC from DSME
Oman Shipping Company S.A.O.C. (OSC) has taken delivery of its latest Very Large Crude Carrier (VLCC), “AS SUWAYQ”, at Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME), Okpo, South Korea, on January 11th 2012. “AS SUWAYQ” has a 317,000 DWT capacity and is 333 m in length overall, 60 m in beam
Namibia: Spectrum Commences Orange Basin Seismic Survey
Spectrum, in partnership with CGGVeritas and the National Petroleum Corporation of Namibia (NAMCOR) , has commenced a new 2D Multi- Client seismic survey covering the deepwater Orange Basin, offshore Namibia. The program includes the acquisition of around 7,000 km of long offset data covering both h
UK: IMO Secretary-General Urges Rapid and Full Casualty Investigation
IMO Secretary-General Koji Sekimizu has expressed his condolences and sympathy for all those caught up in tragic accidents involving ships over the weekend. Speaking at the opening of the IMO Sub-Committee on Stability, Load Lines and Fishing Vessel Safety today (16 January 2011) Mr Sekimizu said, “
USA: Qualification Testing Program for DeepFlex’s Pipe Components
DeepFlex announced today it has entered into a contract with Petrobras to conduct a qualification testing program on DeepFlex’s patented composite flexible fiber reinforced pipe components. This multi-phase, multi-year contract will include over 5,000 individual tests. This contract award demonstrat
USA: DeepFlex Enters into Qualification Contract with Petrobras
DeepFlex announced it has entered into a contract with Petrobras to conduct a qualification testing program on DeepFlex’s patented composite flexible fiber reinforced pipe components. This multi-phase, multi-year contract will include over 5,000 individual tests. This contract award demonstrates Pet
Germany: EvoLogics USBL Positioning System Estimates ROV’s Coordinates
The Submarine System for Inspection (SUSI) ROV, which was developed by AREVA, is a device used for ultrasonic inspection of nuclear reactor vessel baffle bolts. The ROV’s positioning system is required to document time and exact location of each measurement taken as the ROV examines numerous bolts t
Norway: Naming Ceremony for Olympic Shipping’s New MPSV
Olympic Shipping announced that the company held naming ceremony of their new Multipurpose Offshore Vessel Olympic Commander on Saturday in Alesund, Norway After the ceremony the vessel was open to the public and several hundred used the opportunity to take a look inside. Olympic Commander is a MT60
Turkish Shipyard Launches Offshore Construction Vessel for Volstad
Tersan Shipyard launched Multipurpose Offshore Construction Vessel, Grand Canyon with the honorable presences of Norway Prime Minister Mr. Jens Stoltenberg and Turkey Minister of Transportation, Maritime Affairs and Communication Mr. Binali Yıldırım. Grand Canyon is a cooperation of Tersan Shipyard
Brazil: DeepOcean Secures USD 60 Million Contract from Petrobras
DeepOcean AS, part of DeepOcean Group Holding AS, announced the award of a two year contract valued at approximately $ 60 million from Petróleo Brasileiro S/A (“Petrobras”) E&P Services. The contract includes management, engineering, maintenance and repair of flexible pipelines and electro-hydraulic
Petrobras Hires DeepOcean for Offshore Works in Brazilian Waters
DeepOcean AS has secured a two year contract valued at approximately $ 60 million from Brazilian oil and gas giant, Petrobras. The contract includes management, engineering, maintenance and repair of flexible pipelines and electro-hydraulic umbilicals recovered from Petrobras subsea installations in
Brazil: Vale Beijing Incident Not Related to Global Strength Issues or Single Pass Loading
The Vale Beijing faced problems when loading ore at Ponta da Madeira in North Eastern Brazil in December. The ship has been safely moved to an anchorage in the area. The incident was not caused by any global strength issue or by the effect of single pass loading and associated loading rates. Hence,
Petronas, Shell Ink Two PSCs for Enhanced Oil Recovery Offshore Malaysia
Petronas and Shell Malaysia today signed two new production sharing contracts (PSCs) for enhanced oil recovery (EOR) projects offshore Sarawak and Sabah. The contracts build upon two existing PSCs for fields in the Baram Delta Operations area and North Sabah, where oil has been produced for decades