Business & Finance
Kenya Plans to Delineate More Exploration Blocks Offshore
Kenya plans to delineate more exploration blocks deep offshore, an oil conference heard on Thursday… Reuters [mappress] Source: Reuters, November 04, 2011; Image: Lion Petroleum
Norway: Total, Statoil in Asset Swap Deal
Statoil increases its equity in the Valemon project through an asset swap with Total. Statoil and Total E&P Norge AS have signed a sales and purchase agreement whereby Statoil acquires Total’s full share in the Valemon unit, 2.5% (5% in PL193B and carve-out of PL193) for a transfer of a 2.0% share i
USA: Crowley Maritime Christens Its Largest and Fastest Articulated Tug-barge
As a part of the company’s industry-leading new vessel building program, Crowley Maritime Corp. christened its largest and fastest articulated tug-barge (ATB), the Legacy/750-1, today in New Orleans. The high-capacity tank barge is able to carry up to 330,000-barrels of petroleum products and the 16
Norway: Statoil Beefs Up Stake in Snohvit
Statoil has signed an agreement to acquire Hess’ 3.26% ownership in the Barents Sea Snøhvit Unit and adjacent production licences. Statoil acquires Hess’ 11.25% participation interest in PL097 and 8.33% participation interest in PL110 together constituting a 3.26% participation interest in the Snøhv
UK: Mooring Systems Launches New Mobile Spooler
Mooring Systems Ltd has launched what is believed to be the most adaptable offshore, mobile spooler of its kind in the UK, that will offer significant advantages for clients operating in the oil and gas and the renewables markets. The spooler, which was designed and built by Caley Ocean Systems at E
UK: Mooring Systems Launches Top-Notch Mobile Spooler
Mooring Systems Ltd has launched what is believed to be the most adaptable offshore, mobile spooler of its kind in the UK, that will offer significant advantages for clients operating in the oil and gas and the renewables markets. The spooler, which was designed and built by Caley Ocean Systems at E
Turkey: Larger Vessels to Impact on Mediterranean Port Growth
Addressing the 4th Annual Med Freight Conference, APM Terminals Director of Port Investments for Europe and the Mediterranean, John Trenchard cited both long-term demographic trends and the expected introduction of larger vessels into regional Mediterranean trades as driving factors of port developm
Turkey: Official Expects Introduction of Larger Vessels into Mediterranean Trades
Addressing the 4th Annual Med Freight Conference, APM Terminals Director of Port Investments for Europe and the Mediterranean, John Trenchard cited both long-term demographic trends and the expected introduction of larger vessels into regional Mediterranean trades as driving factors of port developm
Petrobras Strikes Gas in Espirito Santo Basin, Offshore Brazil
Petrobras announces the new discovery of gas accumulation in the post-salt area of the Espírito Santo Basin, in Concession BM-ES-21 (Block ES-M-414), located 135 kilometers from the city of Vitória, in the state of Espírito Santo. The discovery was made during drilling operations of well 1-BRSA-983-
UK: Ferguson Shipbuilders to Construct Eco-friendly Ferries
Alex Neil today confirmed Clyde-based Ferguson Shipbuilders as the preferred bidder to build world’s first in environmentally friendly ferries – in a deal worth over £20 million (32.03 million U.S. dollars). The Cabinet Secretary for Infrastructure & Capital Investment also said that as a result of
Aker DOF Deepwater JV Takes Delivery of New AHTS Vessel from STX Vietnam
Aker DOF Deepwater a joint venture between DOF and Aker Solutions has today taken delivery of Skandi Pacific at STX Vietnam. The vessel is an AHTS of STX AH 08 design and is vessel number five in a series of six vessels from the same yard. Main specification of the vessel is as follows: L.O.A [&hell
Aker DOF Deepwater Receives New Vessel at STX Vietnam
Aker DOF Deepwater a joint venture between DOF and Aker Solutions has today taken delivery of Skandi Pacific at STX Vietnam. The vessel is an AHTS of STX AH 08 design and is vessel number five in a series of six vessels from the same yard. Main specification of the vessel is as follows: L.O.A [&hell
China: Swire Pacific Offshore Receives New Additions in Its AHTS Fleet
Swire Pacific Offshore (“SPO”) took delivery yesterday in Qingdao, Mainland China of the last two of eight new “P” Class Anchor Handling Tug Supply (“AHTS”) vessels, Pacific Python and Pacific Porpoise, built by Qingdao Qianjin Shipyard, marking the successful completion of the major part of an ongo
China: Swire Pacific Adds Two New AHTS Vessels to its Fleet
Swire Pacific Offshore (“SPO”) took delivery yesterday in Qingdao, Mainland China of the last two of eight new “P” Class Anchor Handling Tug Supply (“AHTS”) vessels, Pacific Python and Pacific Porpoise, built by Qingdao Qianjin Shipyard, marking the successful completion of the major part of an ongo