The nation’s first wind farm, planned off Cape Cod, Mass., fought a bruising battle for approval. Now, it faces another challenge in selling its power. The 130-turbine Cape Wind project has sealed a deal with the utility National Grid for half its power. But the other half is available with no appar
INPEX CORPORATION (INPEX) announces that the Plan of Development (POD) for the Abadi gas field in the Masela Block, the Arafura Sea, Indonesia, was approved by the Indonesian Government. The project has been undertaken by INPEX Masela, Ltd., a subsidiary of INPEX, as the operator, and its project pa
Drydocks World announced that it has been awarded a conversion contract for the FPSO, estimated at USD 13 million by BW Offshore, one of the world’s leading FPSO contractors. The vessel, BW Carmen, which has been renamed BW ATHENA was built in 1994 and converted to an FPSO in 1999. The vessel arrive
Halliburton has been awarded a contract by ConocoPhillips for directional drilling, logging-while-drilling (LWD) and surface data logging (SDL) services to help develop the high temperature Jasmine discovery in the central North Sea. Halliburton is an industry leader in technologies developed for ul
The Goliat floating offshore platform for the production, storage and offloading of oil and gas north of Norway in the Barents Sea will not, as is customary practice, be supplied with power generated by onboard gas turbines and generators but from the shore via a 106-kilometer-long subsea cable. Thi
JGC Corporation today announced that it will be selling its 44.94% share interest in M.W. Kellogg Limited to KBR . MWKL is a UK-based affiliate of both companies. Following the transaction, MWKL will become a wholly-owned subsidiary of KBR. The transaction is expected to be finalized in January 2011
Kosmos Energy announced today that the company, the government of Ghana and the Ghana National Petroleum Corporation (GNPC) have signed an agreement to amicably resolve several issues that have existed among them. The resolution of the issues includes settlement regarding data, as well as matters re
A consortium of PGGM and Dutch Ampère Equity Fund, managed by Triodos Investment Management, have entered into an agreement with DONG Energy whereby the consortium acquires a 24.8% stake in the 367MW Walney offshore wind farm, which is under construction. DONG Energy will retain a 50.1% stake and SS
The third development well on the Te Giac Trang development, offshore Vietnam, has been completed. Preliminary log analysis of the third well, the TGT-H1-3P, drilled to the north west of the field, indicates that the well encountered the top of the target reservoir horizon as expected, based on the
Moex Offshore Announcement: “On December 15, 2010, the U.S. Department of Justice filed a complaint against nine companies, including MOEX Offshore 2007 LLC (“MOEX Offshore”). This complaint seeks removal costs, economic losses, and environmental damages under the Oil Pollution Act, and civil penalt
Electromagnetic Geoservices ASA (EMGS) and Shell have entered into a Joint Industry Project (JIP) to plan and design the next generation of 3D EM equipment. Over the next six months the two companies will, in close collaboration, conduct a feasibility study that includes laboratory tests, design sol
On 16 December 2010 in Moscow, the Sovcomflot (SCF) Group of companies and Exxon Neftegas Limited (a subsidiary of ExxonMobil) signed long-term agreements for two icebreaking supply vessels to service the oil platform at the Sakhalin-1 Project Arkutun-Dagi offshore oil field. The official signing ce
Wärtsilä, the marine industry’s leading solutions provider, has strengthened its position as the global leader in supplying design and propulsion solutions for Liquefied Natural Gas (LNG) Platform Supply Vessels (PSVs) with yet another important order. Norwegian operator Eidesvik Offshore has placed
Trelleborg, through its Trelleborg Engineered Systems business area, has signed an agreement to acquire PPL Polyurethane Products Ltd., which has annual sales of approximately SEK 90 M and about 90 employees. PPL Polyurethane Products is based in the UK and develops, manufactures and markets a broad
