Statoil today announces discoveries in both side tracks on the Peregrino South well, immediately adjacent to the newly opened Peregrino field offshore Brazil. The estimates of recoverable volumes in Peregrino South are between 150 – 300 million boe. This discovery brings a phase two development of t
The fourth edition of Lloyd’s Register’s popular guide, Ballast Water Treatment Technology, has been released. With the International Maritime Organization’s Ballast Water Convention potentially coming into force as early as next year, ship-owners, managers and operators should be planning now for r
Viper Subsea won the award for brand at the Media Innovation Awards. During their rebranding in 2010, Viper Subsea worked with, and through, The Design Programme to help define the business branding needs. Bath agency Mytton Williams were subsequently selected as design agency for the entire re-bran
Damen Dredging Equipment has delivered 4 cutter suction dredgers to the Iraqi Ministry of Water Resources. The Ministry, who already had several Damen dredgers in their fleet, will use the dredgers for maintenance dredging on the rivers and throughout the central plains. The 4 cutter suction dredger
The Brazilian National Oil Company, Petrobras has approved delivery of READ’s new and innovative Permanent Reservoir Monitoring (PRM) System, the PerForM™. An audit and Final Acceptance Test (FAT) of the system was completed by Petrobras representatives at READ’s facilities in Houston, Texas, in Apr
Strategic Marine will hand-over four new workboats to the Saipem Leighton Consortium next week for use on the Chevron operated Gorgon Project. The contract is valued at just under AU$1M. The vessels have been built at the company’s Henderson Shipyards and are expected to be used to transport workers
The Brazilian National Oil Company, Petrobras has approved delivery of READ’s new and innovative Permanent Reservoir Monitoring (PRM) System, the PerForM™. An audit and Final Acceptance Test (FAT) of the system was completed by Petrobras representatives at READ’s facilities in Houston, Texas, in Apr
A New Zealand Lobster fisherman has had such great success with WASSP Multi Beam Sonar in his fleet, that he has ordered a fourth unit to be fitted to his newest vessel. Trevor Burkhart and his family have been actively involved in the New Zealand Lobster fishing industry since it’s commercial incep
Through its subsidiary TTS Energy AS, TTS Group ASA has signed a Letter of Intent with Jurong Shipyard Pte Ltd in Singapore, for delivery of a high performance drilling equipment package for a new CJ70 Jack-up to be built for North Atlantic Drilling Ltd. The contract has a value of approximately NOK
OSD-IMT, the UK arm of Offshore Ship Designers, has been chosen by Samsung and Boskalis-SMIT Engineering to develop the basic design, detailed design and production drawings for a 99 m cable laying vessel. Neil Patterson, managing director of OSD-IMT, says, “This project illustrates perfectly the st
In a world increasingly dominated by the need to reduce environmental impacts, what role does shipping have to play? Technological solutions exist, but which will prove to be the most beneficial and cost effective, and which lie over the horizon? What impact will the other players in the marine and
The Board of Fred Olsen Production ASA informs that Mårten Lunde will resign as CEO of the Company on 31 July 2011. The Board has decided to appoint CFO Jørn Røkaas as acting CEO as from 1 August. The Board regrets Lunde’s decision to leave the company and will thank him for his contribution to [&he
OSD-IMT, the UK arm of Offshore Ship Designers, has been chosen by Samsung and Boskalis-SMIT Engineering to develop the basic design, detailed design and production drawings for a 99 m cable laying vessel. Neil Patterson, managing director of OSD-IMT, says, “This project illustrates perfectly the st
Marine Simulation LLC announced the release of ROVsim2 O&G and ROVsim2 Pro – their new family of next generation undersea robotics training simulator systems. ROVsim2 reflects an important step in the development of 3D simulation and integrates a number of important new features and enhancements, in