Business & Finance
UK: DECC Offers New Licence over Dragon Gas Discovery to Providence
Providence Resources P.l.c., the London (AIM) and Dublin (ESM) listed oil and gas exploration and production company, confirms that its wholly owned UK subsidiary, PR Singleton Limited, has been offered an exploration licence over UK seaward block 103/1 in the St George‟s Channel Basin, offshore Wal
New Terminal JV in China for Odfjell SE
Odfjell SE has made an agreement to enter into a joint venture via its subsidiary Odfjell Terminals Asia Pte Ltd (Singapore), with Tianjin Economic-Technology Development Area (TEDA) via its subsidiary Nangang Port Company to develop a terminal and marine facilities for bulk liquid chemicals, petrol
Mercom Capital Group Releases Report for 2011 (USA)
Mercom Capital Group, llc, a global clean energy communications and consulting firm, yesterday released its annual and fourth quarter funding and merger & acquisition (M&A) activity report for the wind sector in 2011. In 2011, venture capital (VC) funding for wind energy continued to increase past p
Mercom Capital Group Releases Report for 2011 (USA)
Mercom Capital Group, llc, a global clean energy communications and consulting firm, yesterday released its annual and fourth quarter funding and merger & acquisition (M&A) activity report for the wind sector in 2011. In 2011, venture capital (VC) funding for wind energy continued to increase past p
USA: Austal Launches Second 127-Metre Independence-Variant LCS
On January 10, 2012, Austal’s Mobile, Alabama shipyard completed the launch of the second 127-metre Independence-Variant Littoral Combat Ship, “Coronado” (LCS 4). The roll-out marked Austal’s second use of an innovative self-propelled modular transporter system to transfer the ship from the yard’s f
USA: Nautilus Inks Agreement with ISA for Eastern Pacific Exploration Tenements
Nautilus Minerals’ Tongan wholly owned subsidiary, Tonga Offshore Mining Ltd (“TOML”) formally signed the agreement with the International Seabed Authority (“ISA”) for exploration tenements in the Eastern Pacific granted in July 2011. The contract, signed during workshops in Kingston, Jamaica, gives
USA: Aker Solutions to Provide Umbilicals for Anadarko’s Lucius Development
Aker Solutions has been awarded a contract for eight steel tube umbilicals by Anadarko Petroleum Corporation for the development of Lucius offshore field in the Gulf of Mexico. The company did not disclose the contract value. The scope of work includes the project management, design, engineering, an
Leer. Hartmann Takes Delivery of its New Vessel from Romanian Shipyard
Leer. Hartmann Shipping, settled in Leer, took over its newest vessel from Severnav S.A. Shipyard, Romania. The modern Ethylene-tanker “GASCHEM WERRA” is a sister vessel to MT “GASCHEM WARNOW”, which was already delivered in June 2010. In the year 2007 the shipping company took over four gastanker o
USA: Aker Solutions Bags Umbilicals Contract from Anadarko
Aker Solutions has been awarded a contract for eight steel tube umbilicals by Anadarko Petroleum Corporation for the Lucius field located in the Gulf of Mexico. The contract value is undisclosed. The scope of work includes the project management, design, engineering, and manufacturing of two electro
Norway: Harsh Weather Hampers Yme MOPUstor Productivity
SBM Offshore, a provider of detailed engineering, procurement and construction services (“EPC”) to the offshore oil and gas industry, says that productivity of work currently being performed on the MOPUstor platform on Norwegian field Yme has been significantly impacted over recent months, among oth
ConocoPhillips Hires Jack-up Rig Maersk Resolve for UK North Sea
Maersk Drilling has signed a contract with ConocoPhillips for the jack-up rig MAERSK RESOLVE for work in the UK North Sea. The contract includes drilling of two wells with an estimated duration of 165 days. The contract value for the firm two-well period is approximately USD 26 million. The contrac
UK: BMT Provides Critical Analysis and Reliability Assessments of Stingray PRM System
BMT Reliability Consultants Ltd, a subsidiary of BMT Group Ltd, the leading international maritime design, engineering and risk management consultancy, has announced its latest project with Stingray Geophysical Ltd, a TGS company. This partnership saw BMT provide critical analysis and reliability as
UAE: Leading Specialists Convene Maritime Security and Surveillance Conference
Leading specialists from governments, armed forces and the maritime security industry will convene later this month at the Maritime Security and Surveillance conference to share intelligence, ideas and lessons learned, whilst exploring the future possibilities and risks facing the Gulf Region’s coas
ConocoPhillips Hires Maersk Resolve Jack-Up for UK North Sea Drilling
Denmark’s Maersk Drilling has signed a contract with ConocoPhillips for the jack-up rig MAERSK RESOLVE for work in the UK North Sea. The contract includes drilling of two wells with an estimated duration of 165 days. The contract value for the firm two-well period is approximately USD 26 million. Th