Business & Finance
Brazil: OGX Hires AHTS Vessel from DOF
DOF has agreed a new 2 year contract with OGX for Skandi Møgster in Brazil. The new contract with OGX, a second largest oil & gas company in Brazil, after Petrobras, will commence in March 2012. OGX’s exploratory blocks in Brazil are located in the Campos, Santos, Espírito Santo, Pará-Maranhão and P
Acteon Companies Supply Subsea Drilling Riser to Norwegian Client
Claxton Engineering Services Ltd, an Acteon company, is supplying a Norwegian client with a complete subsea drilling riser package enhanced by services and equipment drawn from around the Acteon Group. The 7000-psi, 24-in. riser will be used to drill one well and two completion wells in 135 m of wat
Greece: StealthGas Announces Sale of Vessel and Update on Chartering Arrangements
STEALTHGAS INC., a ship-owning company serving primarily the liquified petroleum gas (LPG) sector of the international shipping industry, announced today the sale of one vessel and an update on chartering arrangements. Sale of Vessel The Company has entered into an agreement to sell the smallest ves
Norway: Det Norske Spuds Exploration Well Near Froy Field
Norway’s Det norske oljeselskap ASA has commenced drilling of exploration well 25/6-4 S in PL414. Target for the well is the Kalvklumpen prospect. The well will be drilled in the central part of the North Sea about 20 kilometres southeast of the Frøy field and 37 kilometres northeast of the Heimdal
Australia: Apache Energy Buys FPSO Ningaloo Vision
A subsidiary of Apache Energy Limited has agreed to purchase the FPSO Ningaloo Vision for USD 185 million on behalf of the Van Gogh field joint venture partners. The unit is sold on an “as is where is” basis. Ningaloo Vision is operating on the Van Gogh oil field offshore Australia. BW Offshore will
Subsea UK Unveils Finalists for 2012 Business Awards
Subsea UK has unveiled the shortlisted finalists for the 2012 Subsea Business Awards. A total of 16 small, medium and large organisations are in the running to pick up the prestigious awards now in their sixth year. The awards recognise and celebrate innovation and excellence in the subsea industry
Australia: Apache Buys Nigaloo Vision FPSO
BW Offshore, a provider of floating production services to the oil and gas industry said on its website that a subsidiary of Apache Energy Limited has agreed to purchase the FPSO Ningaloo Vision for USD 185 million on behalf of the Van Gogh field joint venture partners. Ningaloo Vision is operating
Norway: ABB Wins Order to Supply Subsea Cables for Troll A Offshore Gas Platform
ABB, the leading power and automation technology group, has won an order worth around $25 million from Statoil to supply AC subsea power cables to the world’s largest offshore gas platform, Troll A, about 70 kilometers off the west coast of Norway. The order was booked in the fourth quarter of 2011.
UK: Hamworthy to Deliver Full Scrubber System on VLGC
Hamworthy Krystallon, the leading marine scrubbing technology manufacturer, signed a significant contract with Hyundai Heavy Industries (HHI), the worldʼs biggest shipyard. The contract will see Hamworthy Krystallon deliver a scrubber system on a Liquified Petroleum Gas tanker being constructed for
U.S. Authorities Review Repsol’s Cuba Bound Rig
Personnel from the U.S. Department of the Interior’s Bureau of Safety and Environmental Enforcement (BSEE) and the U.S. Coast Guard completed a review of the mobile offshore drilling unit (MODU) Scarabeo 9 on Jan. 9, 2012, off the coast of Trinidad and Tobago. The review followed an invitation from
Norway: Statoil Boosts its R&D Investments
Statoil has singled out four business critical technologies as key to achieving the company’s growth ambitions. Statoil is boosting its R&D investments by 27% and starting to plan Norway’s biggest centre for IOR technology. In the period up to 2020 Statoil will maintain a high level of production on
China: Changxing Completes Manufacture of Hatch Covers for Jiangsu Shipyard
Recently, CIC Changxing shipyard successfully completed the manufacture of five sets of hatch cover for CIC Jiangsu Shipyard. Hereto, the shipyard has made a solid and important step on the steel manufacturing field. From the first batch of the material’s arrival in March to the overall delivery at
Sri Lanka Navy Assists in Repatriation of Four Indian Fishermen
Sri Lanka Navy assisted in the repatriation of 04 Indian fishermen on 09th January 2012. The fishermen and their fishing trawler bearing the registration number TN/10/MFB/168 were handed over to the Indian Coast Guard Ship Vajra in the seas off Delft. Sri Lanka Naval Ship Ranadheera, assisted the mi
UK: Hamworthy Shareholders Give Green Light to Wartsila’s Takeover Plan
Wärtsilä, a Finnish corporation which manufactures and services power sources and other equipment in the marine and energy markets, yesterday reported that, at both the Court Meeting and General Meeting of Hamworthy plc held earlier yesterday morning in relation to Wärtsilä’s recommended acquisition