News
PIRA Energy: Stricter LNG Diet in Europe to Continue
NYC-based PIRA Energy Group believes that Europe’s stricter LNG diet will continue in the weeks and months ahead. The loss of Egyptian and Nigerian LNG volumes will offer more price support in Asia than in Europe. Europe’s stricter LNG diet will continue in the weeks and months ahead, creating addit
Germany: Edda Freya Enters Offshore Wind Business
Edda Freya was Tuesday sold to Bard, and has already been delivered to her new owners in Emden, Germany. The proud vessel will now be moving on to new adventures in the windfarm business, where we are sure she will be a very useful asset for her new owners. Edda Freya has been a part […]
VIDEO: London Array Offshore Wind Farm – 3D Animation
Last year in December the last turbine was installed at the London Array offshore wind farm. Check out this interesting 3D animation about this project. [mappress] Offshore WIND staff, February 13, 2013; Image: london array
UK: Trump to Fight EOWDC in Courts
The Trump Organisation executive vice president George Sorial has confirmed that Donald Trump will stop the proposed European Offshore Wind Deployment Centre (EOWDC) from being built close to his golf resort by filing an appeal to any approval of the project. “It will be many years before we have ex
VIDEO: Shell Innovation Open House, Moscow
Shell’s Chief Technology Officer Gerald Schotman speaks about innovating for new solutions to fuel a world in motion. This content is available after accepting the cookies. Change cookie-settings View on Youtube. He provides numerous examples ranging from step-changes in exploration technologies, to
Greece, Italy and Albania Cement Their Support for TAP Project
The governments of Greece, Italy and Albania have today cemented their full support for and commitment to the Trans Adriatic Pipeline (TAP) project by signing a tri-lateral intergovernmental agreement (IGA). Concluded at the Ministry of Foreign Affairs in Athens, the IGA solidifies a range of key co
Rosneft Secures $14.2 Bln Loan to Pay for AAR’s TNK-BP Stake
Russia’s Rosneft today, February 13, signed loan agreements for the total amount of U.S. $14.212 billion. The money raised will be used for the acquisition of a 50% stake in TNK-BP Ltd. from AAR (Alfa, Access, Renova) Consortium. The cost of the financing that is being arranged is one of the lowest
VIDEO: ClampOn CEM ROV Installation and Removal Process
The ClampOn DSP Subsea Corrosion-Erosion Monitor (CEM) continually monitors and quantifies changes in wall thickness over a large area of a pipeline. The instrument estimates the rate at which corrosion and/or erosion reduces the thickness of the pipe wall. In this way, it can provide operators with
Norway: Seagull Introduces Two New Training Modules
Seagull has introduced two new computer-based training modules to help ships’ officers and crew managers to raise safety awareness among the seafarers under their supervision. Drawing on its partnership with ‘soft’ skills specialist Green-Jakobsen, Seagull has launched a new Seafarer Appraisal cours
Alliance Oil Starts Gas Production in Tomsk Region (Russia)
Alliance Oil Company has completed infrastructure development and launched gas production at the Ust-Silginskiy field in the Tomsk region. The Company has started delivering gas via a 43-kilometer pipeline from the field to the Gazprom trunk pipeline. A gas sales contract has been signed with Gazpro
Vitol to Launch Takeover Offer for Sterling Resources
Vitol Anker International B.V., a wholly owned subsidiary of The Vitol Group, announced that it intends to make an offer to buy all of the outstanding common shares of Canada’s oil company Sterling Resources Ltd., not beneficially owned by Vitol Anker and its affiliates, for cash consideration of $0
World Dredging Congress XX: Registration Opens (Belgium)
Registration opening for WODCON XX is now announced on its website. CEDA/WEDA/EADA Members will be honoured a special member fee. Early bird registrations are available until 15th March 2013. Experts representing manufacturers, universities, research institutes, consultants, contractors, port & harb
UK: SMart Wind Launches Final Phase of Consultation for Hornsea Zone Projects
The SMart Wind consortium, led by Mainstream Renewable Power and Siemens Project Ventures, has announced the launch of the next phase of community consultation events set to take place from the 19th to 27th February 2013 for Project One and Project Two within the Hornsea Zone. The events will take p
Finland: Wartsila Signs EUR 50 Million Loan Agreement
Wärtsilä Corporation and Nordic Investment Bank have signed a loan agreement totalling EUR 50 million for research and development financing. The contract for this 10-year loan was signed in Helsinki, Finland on 13 February 2013. This R&D loan supports Wärtsilä’s long-term strategy of strengthening