Business & Finance
Germany: Wintershall, Gazprom in Asset Swap Deal
Today (October 28, 2011) a framework agreement which sets out the terms for the planned asset swap to further expand the successful cooperation has been signed in Ludwigshafen by Alexey Miller, Chairman of the Management Committee of OAO Gazprom, and Dr. Kurt Bock, Chairman of the Board of Executive
UK: Aquaterra Energy to Supply HP Drilling Riser to Global Operator
Aquaterra Energy has been awarded a fourth contract to supply a High Pressure Drilling Riser in as little as 18 months. The multi-million dollar contract firmly secures Aquaterra as the leading Drilling Riser supplier to the offshore industry. A brand new High Pressure Drilling Riser will be supplie
UK: Aquaterra Wins Drilling Riser Contract
Aquaterra Energy has been awarded a fourth contract to supply a High Pressure Drilling Riser in as little as 18 months. The multi-million dollar contract firmly secures Aquaterra as the leading Drilling Riser supplier to the offshore industry. A brand new High Pressure Drilling Riser will be supplie
The Netherlands: GDF SUEZ Starts Gas Production from G16a-C Offshore Field
GDF SUEZ E&P Nederland B.V., as the operator, started-up gas production from the G16a-C offshore gas field in the Dutch continental shelf, with a brand new production platform. The G16a-C natural gas field was discovered in 2009 and is located approximately 133 kilometers North East of Den Helder in
The Netherlands: Shipyard Koninklijke Niestern Sander Launches MV Eeborg
On Thursday October 27th at Shipyard Koninklijke Niestern Sander in Delfzijl he launching of m.v. Eeborg (yardnumber 843) took place. Christening and namegiving were done by mrs. Aitkul Samakova.This vessel, with regard to her measurements, is the largest built by KNS on the landside of the dikes. A
UK: EPC Offshore Announces Management Structure Changes
EPC Offshore has made a step-change in its management structure with the creation of three dedicated business streams to capitalize on growt… SubseaUK [mappress] Source: SubseaUK, October 28 , 2011;
Singapore: Sembcorp Marine’s Shipyard Secures FSO Tanker Conversion Contract
Sembcorp Marine’s subsidiary Sembawang Shipyard, in a consortium arrangement with PT Scorpa Pranedya, has secured a US$300 million Floating Storage Offloading (FSO) tanker conversion contract from Mobil Cepu Ltd, a subsidiary of Exxon Mobil Corporation, contractor for the Indonesian Oil and Gas Regu
China: COSL Well Services Division Hit by Penglai Incident. Seismic Segment Grows
China Oilfield Services Limited today announced its unaudited results for the nine months ended 30 September 2011（“the period”）. During the period, the Group boosted its operation capacity in large-scale equipments with four 200-ft jack-up rigs, one semi-submersible rig and one 12-streamer seismic v
Belgium: Hydrex’s Ecospeed Helps Shipowners Achieve their Ecological Goals
The underwater hull coating Ecospeed offers a TBT-free, copper free, biocide-free and silicone oil free solution for the protection of the underwater hull. The Ecospeed hull protection and performance system is today’s Best Available Technology for reduction of fuel consumption, GHG and other emissi
China: COSL Releases 2011 Third Quarter Unaudited Results
China Oilfield Services Limited announced its unaudited results for the nine months ended 30 September 2011. During the period, the Group boosted its operation capacity in large-scale equipments with four 200-ft jack-up rigs, one semi-submersible rig and one 12-streamer seismic vessel commencing ope
Belgium: Boskalis Wins Harbour Towage Concession for Port of Zeebrugge
Royal Boskalis Westminster N.V. has been awarded the sole concession via SMIT Towage Northwest Europe for the provision of harbour towage services in the Port of Zeebrugge, Belgium. The seven year contract was awarded by MBZ to URS, part of SMIT Towage Northwest Europe. The concession represents, ba
Norway: Mature Offshore Fields Call for Quick Action, Petoro Says
A strong cash flow to the government and strong additions to oil and gas reserves are highlights of Petoro’s accounts for the State’s Direct Financial Interest (SDFI) for the third quarter of 2011. Net cash flow in the first nine months was NOK 97.3 billion, up 18.8 bn from the same period last year
IBM and SEAI Launch Wave Energy Project Offshore Ireland
IBM and The Sustainable Energy Authority Ireland (SEAI) are working together to understand and minimize the environmental impact of converting wave energy into electricity. This project, the first to use real-time streaming analytics for monitoring underwater noise generated by wave energy conversio
German Shipowner Places Seven Chemical Tankers with Navig8 Chemicals
German based owner Bernhard Schulte has agreed to place 7 chemical tankers of 16,500 dwt in Navig8’s BRIZO-8 Pool. The agreement, which comes one year after the Ruth Schulte, a 13,000 dwt chemical tanker joined the Taras-8 Pool, will bring the total count of Schulte vessels in Navig8’s pools to eigh