Business & Finance
Norway: SinOceanic Shipping Takes Delivery of VLCV MSC Vega
SinOceanic Shipping ASA, took delivery of Very Large Container Vessels (VLCV) MSC Vega (13,100 TEU) today and she is placed on a 15 year charter with MSC, the 2nd largest container line in the world. The second vessel (“MSC Altair”) will be delivered in late February 2012, and the third vessel (“MSC
Norwegian Gas Deliveres Down, Pipeline Operator Says
An overview from a Norwegian state owned company that operates 7,800 kilometres (4,800 mi) of natural gas pipes Gassco shows that 94.2 billion standard cubic metres (scm) of natural gas were transported from the Norwegian continental shelf (NCS) in 2011. These volumes went to receiving terminals in
Finland: Cargotec Develops Automatic Twistlock by Maersk Performance Criteria
Cargotec, in collaboration with the shipping giant A.P. Møller-Maersk A/S (Maersk), has developed a new, safe and efficient MacGregor C8A fully automatic dual-function twistlock. Cargotec is the only provider whose design met the twistlock performance criteria set by Maersk. During 2011 the new MacG
Chevron Spuds P2-10 Well Offshore Netherlands
Xtract Energy has recently been advised by Chevron that the Noble Byron Welliver is now on site at the P2-10 drilling location and the well has spudded. P2-10 drilling was expected to begin in early December 2011 but the rig move was delayed due to the weather conditions that prevailed throughout De
UK: ITF Announces Technology Investment Plans for 2012
ITF, the global oil and gas technology facilitator, has announced the challenges that its membership of operator and service companies want to see tackled as priorities in 2012. Up to 100% funding will be available for the right solutions to some of the industry’s most pressing challenges and ITF ai
ADPC, Abu Dhabi Terminals Ink Berth Agreement with IRSHAD
ADPC and Abu Dhabi Terminals (ADT) signed an agreement with Abu Dhabi Petroleum Ports Operating Company (IRSHAD) yesterday. The signing, which took place at ADPC’s HQ, was attended by Capt. Mohamed Juma Al-Shamisi, Vice President Ports Unit at ADPC, Martijn Van de Linde, Chief Executive Officer of A
Brazil: OSX Receives USD 227.9 Million Loan for Acu Shipbuilding Unit
OSX, an EBX Group company focused in providing equipment and services for the offshore oil and gas industry, received a USD 227.9 million loan, for the funding of the construction of the Açu Shipbuilding Unit (UCN Açu), which will, once it is completed, be the largest shipyard in the Americas. The
USA: Murry S. Gerber Joins Halliburton’s Board of Directors
Halliburton announced that Murry S. Gerber has been named to the company’s board of directors. The appointment is effective January 10, 2012 and Gerber will be confirmed by the stockholders at the annual meeting in May 2012. Gerber became CEO of EQT Corporation in 1998 and was elected chairman in 20
USA: Technip Buys Four ROVs from Forum Energy
Forum Energy Technologies, Inc. has sold four Perry XLX Generation 2 (G2) Work-Class Remotely Operated Vehicles (ROVs) to Technip. French based Technip, a company which is a world leader in project management, engineering and construction for the energy industry, will deploy two of the vehicles in S
UK: Odfjell Drilling Secures Significant Contract with BP
Odfjell Drilling has been awarded a significant pre-contract award with BP for the provision of a new build, semi-submersible drilling unit for use in the UK’s West of Shetland region. The contract value is approximately $1.2 billion, excluding options, and represents the largest contract in Odfjell
Norway: PSA Inspects West Elara for Emergency Preparedness
Norwegian governmental supervisory body, the Petroleum Safety Authority Norway (PSA) conducted an audit of how emergency preparedness aspects are reviewed on board the West Elara jack-up rig. The objective of the audit activity was to verify the organisation and management system on the facility as
Hydroid Upgrades UK Ministry of Defence’s REMUS AUV Fleet
Hydroid, Inc., a subsidiary of Kongsberg Maritime, the leading manufacturer of Autonomous Underwater Vehicles (AUVs), announced that it has received a contract to deliver upgrades to the United Kingdom Ministry of Defence’s current fleet of REMUS 100 vehicles. BlueView Technologies 3D MicroBathymetr
USA: Alliance Engineering to Design Topsides for Spar Platform for Tubular Bells Field
Wood Group’s Alliance Engineering has been awarded the detailed engineering and design of the topside facilities and deck for Williams Partners’ Gulfstar FPS™ spar production platform. This wet-tree platform will be installed in block 768 of the Gulf of Mexico’s Mississippi Canyon area to produce oi
UAE: Post Panamax Cranes to Arrive at Khalifa Port
The first batch of the world’s largest ship to shore cranes have set sail from Shanghai, China on their way to Khalifa Port. The super post panamax cranes built by Chinese company ZPMC are due to arrive at the end of January. ADPC announced an AED 193 million contract for six cranes with Shanghai Zh