Business & Finance
Maritime New Zealand Reports Oil Leak from Sunken Part of Rena
Swells around the Astrolabe Reef are continuing to prevent salvors from diving on the wreck to assess the damage caused through Rena’s break-up and partial sinking of the stern, Maritime New Zealand (MNZ) says. MNZ Salvage Unit Manager David Billington said the current swell was around 2m, with a ma
Germany: Seatruck Ferries’ New Ship Hits the Water
Flensburger shipyard today, right on schedule, launched third newbuilding for Seatruck Ferries. The name for the third ferry for English shipping company Seatruck Ferries Ltd could hardly be more appropriate – Seatruck Performance. That’s because, in the words of FSG Managing Director Peter Sierk,
The Netherlands: Dana Brings Van Ghent Offshore Well into Production
First crude oil production began from the Van Ghent well located in block P11b within the Medway development area, in Dutch North Sea, reported Dana Petroleum (operator), The well, located on the Dutch continental shelf approximately 60kms north west of The Hague, will produce oil via the Dana opera
USA: Hess to Splash USD 6.8 Billion in 2012
Hess Corporation, with headquarters in New York announced today a 2012 capital and exploratory budget of $6.8 billion, nearly all of which is targeted for Exploration and Production: $2.5 billion for unconventionals, $1.6 billion for production, $1.8 billion for developments and $800 million for exp
India: Adani Commissions Second Jetty at Dahej Port
Adani Petronet (Dahej) Port Private Limited, which operates Dahej Port in South Gujarat, today announced the successful commissioning of the second jetty at the port. The company is a joint venture between Adani Ports & Special Economic Zone Limited and Petronet LNG Ltd. “This milestone of adding on
USA: Enbridge Investigates Leak on Stingray Natural Gas Pipeline
Enbridge is investigating the report of a small natural gas leak in the West Cameron Block 275, approximately 66 miles off the coast of Louisiana in the U.S. Gulf of Mexico. A helicopter flyover was completed earlier , and a three-foot diameter patch of bubbles has been spotted on the surface of the
USA: Enbridge Examines Stingray Pipeline after Gas Leak Reported
Enbridge is investigating the report of a small natural gas leak in the West Cameron Block 275, approximately 66 miles off the coast of Louisiana in the U.S. Gulf of Mexico. A helicopter flyover was completed yesterday, and a three-foot diameter patch of bubbles has been spotted on the surface of th
Greece’s MTM Firm Receives Energy Management Certificate
Lloyd’s Register has awarded Maran Tankers Management, Inc. (MTM), the oil tanker management company of the Angelicoussis Shipping Group, with ISO 50001 certification as commercial ship operators continue to search for ways to lessen their environmental impact and operating costs. ISO 50001 is a vol
Finland: Cargotec Secures Major Port Crane Orders from ICTSI
Cargotec has received two separate orders from one of the world’s leading container terminal operators, International Container Services Inc (ICTSI). The orders will see in total four ship-to-shore cranes and 10 rubber tyred gantry (RTGs) cranes delivered to Mexico and eight RTGs cranes to Philippin
Submarine Cables Bring New Opportunities to Africa
Telecommunication experts are excited about the opportunities that the improved fiber optic cables capability brings to Africa. As highlighted, the major jump in the segment will be seen in a year ahead across the entire continent, especially in Uganda, said Warid Telecom’s former executive Yussif K
The Netherlands: Maritime Institute Willem Barentsz Cooperates with Amarcon
Maritime Institute Willem Barentsz and the Dutch decision support-software developer Amarcon have closed an agreement with regards to DP training courses on the DP simulator bridge located at the Willem Barentsz in the Netherlands. Amarcon’s DP Forecast functionality is part of the decision support
Norway: Talisman Awards USD 144 Million EPCI Gig to Aker Solutions
Aker Solutions has been awarded a frame agreement for engineering, procurement, installation and commissioning (EPCI) for Talisman Energy’s maintenance and modifications projects on the Norwegian continental shelf. Scope of work includes studies, engineering, procurement, fabrication, offshore insta
Norway: Aker Solutions Secures EPCI Frame Agreement with Talisman Energy
Aker Solutions has been awarded a frame agreement for engineering, procurement, installation and commissioning (EPCI) for Talisman Energy’s maintenance and modifications projects on the Norwegian continental shelf. Scope of work includes studies, engineering, procurement, fabrication, offshore insta
Cyprus: Prosafe Announces 4Q 2011 Rig Utilisation
Prosafe, a Cyprus-based owner and operator of semi-submersible accommodation/service rigs has announced that its rig utilisation in the fourth quarter of 2011 was 79.8 per cent. Safe Caledonia, Safe Lancia, Jasminia, Safe Hibernia, Safe Britannia, Safe Regency, Safe Bristolia have been fully utilise