Business & Finance
UK: Rowan Norway Jack-Up Getting Ready for Bentley Field
Xcite Energy yesterday provided a corporate update and its results for the three months ended 30 September 2011. Xcite has seen continued progress in its technical and operational plans for the First Phase Development (“FPD”) of the Bentley field. The Rowan Norway jack-up rig has arrived in Dundee a
Indonesia: Thousand Island’s Undersea Cable Project Nears Completion
The Thousand Islands regency under the Jakarta Provincial Government has been a major tourist destination for the region, attracting … Anuradha Shukla (biztechreport) [mappress] Source: biztechreport, November 16, 2011
UK: Schlumberger Wins ICoTa Innovation Award
Leading oil and gas body the Intervention & Coiled Tubing Association (ICoTA) has presented its European Chapter Innovation Award to Schlumberger Slickline’s global perforating and remedial services domain champion, Matthew Billingham, in recognition of the company’s application of technical innovat
Philippines: PLDT Starts Construction of New Undersea Cable
Philippine Long Distance Telephone Co. (PLDT) on Wednesday said it has started the construction for a local landing station of a… (bworldonline) [mappress] Source: bworldonline, November 16, 2011
Shipping Corporation of India Takes Delivery of AHTS Vessel SCI Pawan
Cochin Shipyard Limited delivered a 120T Bollard pull Anchor Handling Tug Supply Vessel (AHTS), “SCI Pawan”, bearing the Hull No. BY-77, to M/s. Shipping Corporation of India, Mumbai (SCI). This is the first of the new series of 4 Nos of 120T Bollard pull AHTS being built by CSL for M/s. Shipping
Norway: Aibel Evaluates Strategic Alternatives for Profitable Growth
The owners of Aibel have during 2011 evaluated strategic alternatives for the company. In the same period, Aibel has continued its strong development with profitable growth in all business areas. Aibel has an all time high order backlog, including recent major contract awards: Frame agreement with C
Cochin Shipyard Delivers AHTS to Shipping Corporation of India
Cochin Shipyard Limited (CSL) delivered a 120T Bollard pull Anchor Handling Tug Supply Vessel (AHTS), “SCI Pawan”, bearing the Hull No. to M/s. Shipping Corporation of India, Mumbai (SCI). The vessel is of AH03 type, designed by STX OSV, Norway (ex- Aker Yards) and is certified under dual class by t
Norway: Lundin Hires Maersk Rigs for Brynhild Field Development
Maersk Drilling has signed a contract with Lundin Norway AS for an ultra harsh environment jack-up rig to carry out subsea field development of the Brynhild Field in Norway. The contract will be for MAERSK GUARDIAN or MÆRSK GIANT to be declared by 1 January 2013. The firm contract duration is for t
USA: ABS CEO Warns on Class Move into Ship Design
ABS President and Chief Executive Officer Christopher J. Wiernicki has warned that a move into ship design by some class societies creates a fundamental conflict of interest with their role as independent providers of safety approval and certification. Wiernicki used his keynote address at the Houst
PSA Norway in Snorre Inspection
The Petroleum Safety Authority Norway (PSA) carried out an inspection of project management, including change management in the Snorre unit (the Snorre licence). The inspection was carried out in the form of a meeting with Statoil on 29 April 2011 and a meeting with the licensee group (PSA) on 13 Se
Rare Earth Elements Supply Under Pressure Due to Asia Wind Farm Projects
China and South Korea’s planned investment in offshore wind farms, amounting close to $25 billion in the near future, could also affect on rare earths production… By Christine Gaylican (ibtimes) [mappress] Source: ibtimes, November 16, 2011
Rare Earth Elements Supply Under Pressure Due to Asia Wind Farm Projects
China and South Korea’s planned investment in offshore wind farms, amounting close to $25 billion in the near future, could also affect on rare earths production… By Christine Gaylican (ibtimes) [mappress] Source: ibtimes, November 16, 2011
Norway: Maersk Drilling Inks Contract for Jack-Up Rig for Development of Brynhild Field
Maersk Drilling has signed a contract with Lundin Norway AS for an ultra harsh environment jack-up rig to carry out subsea field development of the Brynhild Field in Norway. The contract will be for MAERSK GUARDIAN or MÆRSK GIANT to be declared by 1 January 2013. The firm contract duration is for t
Australia: Heatric Wins Prelude FLNG Job
Heatric, a Meggitt group business unit, has been awarded a contract by Technip, as part of the Technip-Samsung Consortium, to supply 18 printed circuit heat exchangers (PCHEs) for the Shell Prelude Floating LNG Project, the world’s first floating liquefied natural gas facility. The order is the larg