News
Canadian Pension Fund to Acquire 25 Pct Stake in London Array
A Canadian pension fund Caisse de dépôt et placement du Québec is planning to acquire half of Dong Energy’s 50% stake in the London Array offshore wind farm, The Sunday Times reports. This 25% stake in the world’s largest offshore wind farm would cost the pension fund GBP 500 million. Besides Dong E
Shell Moving Troubled Arctic Rigs to Asia for Repairs
Royal Dutch Shell has decided to tow two of its troubled drilling vessels from Alaska to Asia for repairs. The oil giant said it would move the Kulluk conical drilling unit and the Noble Discoverer drillship to an Asian shipyard. The Kulluk, which went aground off Alaska in December after breaking f
UK: Juliet Morris to Chair Day 2 at Wave & Tidal 2013
Juliet Morris, Journalist and Broadcaster, will be the official chair of Day 2 and facilitator of four topical panel debates at Wave & Tidal 2013. Juliet’s credits include BBC Breakfast and BBC News for whom she presented numerous documentaries and current affairs programmes. She was a regular contr
UK: Forewind Runner-Up in Safety Award
Forewind’s practice run-through approach to offshore surveys has been named as runner-up in the RenewableUK and The Crown Estate, Renewable Energy Health and Safety Award for 2013. Introduced during 2011 and rolled out in 2012, the approach involves full in-harbour enactments of each activity to be
UK: Transport Minister Visits London Gateway
State-of-the-art fully automated stacking cranes (ASCs) currently being installed at the UK’s new national hub port will increase reliability and ensure smoother, more efficient operations 24 hours a day, even in weather conditions that would force non-automated systems to close. One of the first to
Lundin: Appraisal Well in PL501 Reaches TD. Testing to Take 20 Days
Lundin Petroleum today announced that the appraisal well 16/3-5 well in PL501 in the south eastern part of the Johan Sverdrup discovery has reached target depth. The well, located in the Norwegian sector of the North Sea, will now be tested. The appraisal well has drilled through reservoir sections
WINGAS Implements Eco-Gas Program, Germany
WINGAS, a joint venture between Gazprom and German company Wintershall, has been successfully using a trade model for eco-friendly products. The model is based on the sale of natural gas in conjunction with a certificate that confirms participation in the program to reduce carbon dioxide emissions i
Naming Ceremony for Technip’s ‘Deep Orient’ Vessel (Spain)
Technip officially named its latest new vessel today in Vigo, Spain. The Deep Orient, a newbuild medium construction vessel, will be dedicated to subsea construction and flexible pipelay projects. During the ceremony held at the Metalships & Docks (MSD) shipyard in Vigo, the ship was named by the ve
Gazprom, BASF Discuss Implementation of Joint Projects (Russia)
Sochi hosted a meeting of the Coordinating Committee for Strategic Cooperation between Gazprom and BASF. The meeting was led by the Joint Coordinating Committee Co-Chairmen – Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee and Harald Schwager, Member of the BASF Board of Executi
Polarcus Completes Sale of ‘Polarcus Samur’ to Turkish TPAO
UAE’s Polarcus has completed today the sale and delivery of the 8-streamer 3D seismic vessel POLARCUS SAMUR to Turkey’s TPAO. The vessel is to be repainted red and white in the design of the new vessel owner and renamed Barbaros Hayreddin Pasa. Polarcus has simultaneously commenced the 3 year suppor
Finland: Repeat Order from G&G International to Pemamek
A successful delivery of PEMA Windmill Tower Sections Assembly Lines of last year is now followed by an order for PEMA Offshore Foundation Welding Line. The previously delivered versatile PEMA assembly line has been in heavy use also in welding pressure vessels and extremely heavy jack-up legs. A ne
Atlantic Offshore, Ulstein Sign Management Agreement for Blue Thunder PSV
Blue Ship Invest, a wholly-owned company in Ulstein Group, has entered into an agreement with Atlantic Offshore on management of ‘Blue Thunder’, the fourth of six platform supply vessel of ULSTEIN’s PX121 type design. Currently under construction at Ulstein Verft, the vessel is scheduled for deliver
Shell: The Life of an Onshore Well: Finding and Producing Tight or Shale Gas & Oil (VIDEO)
Shell posted a video yesterday about the full life cycle of a tight or shale gas or oil well. https://www.youtube.com/watch?v=w9MMsEkadGw Shell walked us through planning and building a pad, exploring for oil and gas, developing a location and producing oil or gas. You’ll see how the Company drills
UK: Philippe Varin Retires from BG Board
BG Group said that Philippe Varin has stepped down from the board after almost seven years as a Non-Executive Director. BG Group Chairman Andrew Gould said: “I would like to express on behalf of BG Group’s board our thanks and appreciation for Philippe’s advice and support over the years. We have be