Fossil Energy
Nam Cheong Invests in Shipping Firm in Indonesia
Nam Cheong Limited has entered into a Cooperation Agreement with PT Bahtera Niaga Internasional (“BNI”) from Indonesia, and a certain Ms Nelly, an Indonesian citizen, to jointly invest in a shipping company in Indonesia. According to the agreement, Nam Cheong will acquire 49% of the equity stake in
NDM’s Deck Machinery for Remontowa-Built LNG PSV
NDM signed a new contract with Remontowa Shipbuilding for delivery of deck machinery to a PSV vessel of Wärtsilä VS 4411 LNG PSV design. The ship will operate primarily on liquefied natural gas (LNG) and is owned by Siem Offshore, the Norway based provider of marine services to the oil and gas indus
Gulfmark Offshore Adds Two Directors to Its Board
GulfMark Offshore, Inc. has announced the election of Steven W. Kohlhagen and Charles K. Valutas to its Board of Directors for terms expiring in June 2014. Steven W. Kohlhagen is a retired financial executive who brings to the Board expertise in financial accounting, finance and risk management thro
Air Products to Equip Harvey Gulf PSVs with Nitrogen Membrane Generators
Norwegian-based Air Products has been selected by Harvey Gulf International Marine to supply Nitrogen Membrane Generators for the six newly ordered LNG fuelled Platform Supply Vessels (PSV) to be built at Trinity Offshore Shipyard, Gulfport, MS. The NC 1.1 series cabinet model consists of a complete
Nexans Supplies Umbilicals for Statoil’s North Sea Project
Nexans, a France-based expert in the cable industry, has been awarded an 8 million Euro contract by Statoil to supply the static umbilicals for the Gullfaks Rimfaksdalen project in the Norwegian North Sea. This is the fourth Statoil project in quick succession to feature the new standardized fast-tr
Petrobras Investing Big in Data Security
The president of Petrobras, Maria das Graças Silva Foster said yesterday, at a public hearing at the Senate, that the Company will invest R$ 4 billion (USD 1.8 billion) in 2013 and R$ 21.2 billion (USD 9.7 billion) between 2013-2017 in Information Technology and Telecommunications. For the president
China: Wison Accounts Seized. Chairman Unreachable
China’s Wison Engineering Services Co. Ltd. has informed that some of its bank accounts have been seized by the authorities as part of an investigation. In a separate filing to the Hong Kong exchange, Wison also said its CFO Chen Wenfeng had resigned “to pursue other business opportunities.” The com
Statoil Drills Duster at Cerberus Prospect
Statoil, operator of production licence 104 in the Norwegian part of the North Sea, is in the process of completing the drilling of the Cerberus wildcat well 30/9-25. The well has been drilled about six kilometres south of the Oseberg Sør facility, and about 130 kilometres west of Bergen. The primar
ABB to Propel Two Arctic Oil Spill Response Vessels
ABB has won an order worth around $25 million to supply its marine propulsion system, Azipod, and complete electric power plants for two new rescue and salvage icebreakers that are under construction at Nordic Yards GmbH in Germany. The new vessels, owned by Russia’s State Maritime Rescue Coordinati
First Exploration Licence in Malaysia for GDF SUEZ
GDF SUEZ has jointly entered the offshore deep water exploration Block 2F in Malaysia in partnership with JX Nippon Oil & Gas Exploration (Offshore Malaysia) Sdn. Bhd. (40%), the operator of the block, and PETRONAS Carigali Sdn. Bhd. (40%). GDF SUEZ holds 20% participating interest in the license. T
Strongest Mooring Rope for Goliat Platform
Goliat will be the first production facility on the Norwegian shelf to be held in place by ropes. To achieve this, Eni Norge has developed the world’s strongest mooring rope. Goliat will be the first oil field to come on stream in the Barents Sea, and as part of this project, Eni Norge is continuing
FPSO Raroa Heads to Nelson for Upgrades (New Zealand)
The operator of the Maari oilfield, OMV New Zealand, today announces that the FPSO Raroa will head to the Port of Nelson for the upcoming equipment upgrade and vessel refurbishment. The Port of Taranaki will also be actively involved in the project, serving as home port for the six service vessels r
NCS Survey to Work on Aker Wayfarer in Brazil
NCS Survey, an Acteon company, has been awarded a five-year contract with AKOFS Wayfarer AS, a Norwegian marine contractor, for the supply of positioning and survey services aboard the Aker Wayfarer. Since January 2011, NCS Survey has been aboard the vessel via a contract with Remotely Operated Vehi
IKM Subsea Wins Two ROV Contracts
IKM Subsea Singapore has been awarded a double contract by a major EPIC contractor in the region. The ROV system has been working onboard the clients barge since June 2013 on a project in Indonesia. Upon completion of the project the system now has been re-mobilized on a different barge for the same