Business & Finance
GAC Inaugurates New Office in Pointe Noire, Congo
GAC, one of the world’s leading providers of shipping, logistics and marine services, has today opened a new office in Pointe Noire, Republic of the Congo. GAC Shipping and Logistics Congo Sarl will provide ship agency, husbandry and freight forwarding services for customers operating in the Congo,
Vietnam: PV Shipyard Plans Early Delivery of New Jack-Up
On September 5, PV Shipyard announced its successful load-out of the first “fabricated in Vietnam” 90 m jack-up rig. Four months after, the project is in final stage of commissioning. The overall progress has reached 98.3% with more than 50% systems tested successfully. All interior furnishing insid
UK: Authorities Officially Take Over Wave Hub
Authorities have formally taken over the Cornwall’s Wave Hub. The £42m project is designed to test wave energy devices off the seacoast of Hayle. Department for Business Innovation and Skills has adopted the wave energy scheme. It is hoped the first businesses will connect their energy-from-wave dev
Ophir Begins with Drilling Operations Offshore Tanzania
Ophir announces the start of its 2012 drilling programme in Tanzania with the drillship Odfjell Metro-1. The first three wells in the programme will be Jodari-1, Mzia-1 (previously named 1W) and Papa-1 (previously named 3A). The Metro-1 is a state-of-the-art drillship capable of drilling in water de
Jack-up Rig Project Comes to Final Stage at PV Shipyard, Vietnam
Four months since successfully load-out of the Jack-up Rig on Sep 5, the project comes to final stage of commissioning. The overall progress has reached 98.3% with more than 50% systems tested successfully. All interior furnishing inside the accommodation blocks are being installed. All three legs h
Nigeria: Afren’s 2011 Production Figures
Afren plc announces exit 2011 Group Production ahead of year end guidance at circa 55,400 boepd. Afren announces that production at the Ebok field, located offshore south east Nigeria, has been increased to a stabilised rate of circa 40,000 bopd, following the commissioning and ramp up of all produc
China: Hantong Shipyard Starts Construction of New Bulk Carrier for Da Sin
On 23rd Dec . 2011, the Keel Laying ceremony for 57.000 DWT Bulk Carrier (HT083) had been successfully carried out at slipway of Hantong shipyard. The vessel is built for Da Sin. The carrier has been Class approved by BV. Mr. Li jinian—vice general manager together with the representatives of ship-o
Brazil: Petrobras Finds Hydrocarbons in Esipirito Santo Basin
Petrobras announces the discovery of a new light oil and natural gas accumulation in the Golfinho Concession (4-BRSA-1001-ESS). The discovery was made during drilling of well 4-GLF-31-ESS, known as Tambuatá. The well is located 74 km off the Espírito Santo coast, and 7 km from FPSO Cidade de Vitória
Iran to Develop Arash Gas Field on Its Own?
Iran decided to develop the Arash gas field on its own if Kuwait doesn’t answer to an offer to develop the field together. Iran said it would launch full-scale development of the offshore Arash gas field in the Persian Gulf if Kuwait does not respond to its offer of joint development, Fars News Agen
USA: Eastern Shipbuilding Delivers OSV Harvey Supporter
Eastern Shipbuilding Group has delivered the HARVEY SUPPORTER, the first of three (3) 292 ft. Tiger Shark Class Offshore Support Vessels for Harvey Gulf International Marine, LLC. The HARVEY SUPPORTER is an STX Marine design featuring a DP II SOLAS-classed AC diesel-electric, twin Z-drive Offshore S
UK: MCS to Take Delivery of Two Twin Axe Vessels
Maritime Craft Services (Clyde) Ltd is taking delivery of 2 Damen built Twin Axe Bow crew transfer vessels. The MCS SIROCCO will be delivered at Singapore week 2012. This vessel is fitted with a surveyors desk in the w/house, a moon pool and increased cooling system to work in the tropics. This vess
South Korea: HHI Targets USD 30.6 Billion Worth of Orders this Year
South Korea’s leading shipbuilder, Hyundai Heavy Industries Co., has revealed its objective to win $30.6 billion worth of orders this year, up nearly 20 percent from last year. The shipyard is also targeting sales of 27.54 trillion won this year, compared with last year’s 25.2 trillion won. The comp
China: Lufeng 13-2 Adjustment Project Comes on Stream, CNOOC Says
CNOOC Limited announces that Lufeng (LF) 13-2 adjustment project has come on stream successfully. The project is located in Pearl River Mouth basin, with average water depth of approximately 132 meters. The development and production operations of the project mainly rely on the original LF 13-2 Well
Norway: Utkilen Chooses Ecospeed for Underwater Protection of Its Ice Class Tankers
In order to ensure an underwater hull coating that would protect its vessels against the frequent impact of large pieces of floating dry ice, the Norwegian-based shipping company Utkilen has chosen Ecospeed for underwater protection of two newbuilding ice class chemical/product tankers. The first ve