£52m of funding for the transmission link to the Walney 1 offshore wind farm will be provided by the European Investment Bank, the European Union’s long-term lending institution. Blue Transmission Walney 1 Limited has been granted a licence to own and operate the offshore transmission link by Ofgem
Leading international oilfield service company Expro is showcasing its latest technologies to provide the complete package of solutions across the entire well lifecycle at the SPE ATCE2011, October 30 to November 2, Denver, Colorado (booth #2146) – bringing together our state-of-the-art innovations
Fairstar Heavy Transport N.V. (FAIR) has been awarded a contract by Nabors Drilling to transport the DB 301 from Port Gentil, Gabon to Pascagoula, Mississippi on the Fairstar semi-submersible vessel FJELL. The USD 2.1 million contract was signed today in Houston. The FJELL will load the DB 301 immed
Aker Philadelphia Shipyard, a leading U.S. commercial shipyard, held a ceremonial keel laying this morning for Ship 017, the 13th product tanker being built at the yard. Following long held shipbuilding tradition, coins were placed on one of the keel blocks that support the vessel during constructi
Hess Corporation today announced that they will proceed with the development of Tubular Bells, a deepwater oil and gas project operated by Hess in the Gulf of Mexico. Discovered in 2003, Tubular Bells is located approximately 135 miles southeast of New Orleans in the Mississippi Canyon area. The fie
Hess Corporation announced that they will proceed with the development of Tubular Bells, a deepwater oil and gas project operated by Hess in the Gulf of Mexico. Discovered in 2003, Tubular Bells is located approximately 135 miles southeast of New Orleans in the Mississippi Canyon area. The field lie
TenneT Offshore, the fellow subsidiary of the electricity transmission system operator TenneT TSO, awarded Osiris Projects a contract to sup… Source: Osiris Projects, October 25 , 2011;
Figures published by the International Marine Contractors Association (IMCA) reveal that globally there was a reduction in offshore diving… SubseaUK [mappress] Source: SubseaUK, October 25 , 2011;
China’s biggest offshore oil producer, CNOOC Ltd on Tuesday said that it has not obtained the necessary regulatory approvals to complete… Source: Reuters [mappress] Source: Reuters, October 25, 2011
Maersk Line wins award for ‘best integration of sustainability in company strategy’. At the 2011 Corporate Social Responsibility Awards, hosted by the Danish ‘CSR Foundation’, Maersk Line bagged the prestigious CSR Strategy Award 2011. The prize is sponsored by KPMG and recognizes Maersk Line for in
NKT Flexibles’ Brazilian facility will be located in Superporto do Açu, less than 300 km north of Rio de Janeiro. NKT Flexibles CEO Michael C. Hjorth signed the agreement with the CEO of LLX, the company behind Superporto do Açu, Otavio Lazcano in a ceremony attended by LLX’ owner, Eike Batista, and
National Oilwell Varco, Inc. today reported that for the third quarter ended September 30, 2011 it earned net income of $532 million, or $1.25 per fully diluted share, compared to second quarter ended June 30, 2011 net income of $481 million, or $1.13 per fully diluted share. Earnings per share incr
Leading chemical company BASF recently appointed subsea experts Jee for staff training. A fast-track, workshop style course was commissioned in order to get new BASF starters up to speed in the oil and gas industry. Jee is well-known for their high-quality courses which teach engineers the technical
On 24th October 2011, HVS has honorably hosted Naming ceremony for Hull No. S030- the 37,000 DWT Bulk Carrier – under attendance of representatives from Owner, DNV, HVS as well as Sponsor, Mrs. Marcia Garcia Simionato (from Brazil). The Hull No. S030, officially named “Nord Rotterdam” by Mrs. Simion