News
Gazprom: Creation of Irkutsk Gas Production Center of Strategic Interest, Russia
Alexey Miller, Chairman of Gazprom’s Management Committee and Sergey Yeroshchenko, Governor of the Irkutsk Region, pointed out that the Irkutsk Region was the area of Gazprom’s strategic interest on a meeting held Wednesday at Gazprom’s headquarters. In the framework of the Eastern Gas Program a lar
The Netherlands: Brand Movie Port of Rotterdam (VIDEO)
Rotterdam is one of the main ports of Europe. The port is the gateway to the European market of more than 350 million consumers. https://www.youtube.com/watch?v=M0BwrY2Rnvk The port is one of the most important junctions of good flows of the world. The annual throughput is about 430 million tons. [m
Sweden: MMT Wraps Up Coastal Survey for Kårehamn Wind Farm
MMT has just completed a coastal survey in connection to the planned Kårehamn wind farm. Baltic Offshore contracted MMT for a coastal survey, including multibeam survey. A marine cable will connect the new Kårehamn wind farm to the island of Öland. The new bathymetric chart will aid planning and exe
Boskalis Increases Ownership in Dockwise. Holds 41 Pct (The Netherlands)
Royal Boskalis Westminster N.V. (“Boskalis”) announces that it has acquired 127,799 ordinary shares in Dockwise (the Shares) in the course of trading yesterday. All these Shares were acquired through Euronext Amsterdam and were purchased at an average price of EUR 18.50 per Share with a maximum pric
San Leon Gives More Time to Potential Durresi Block Partners (Albania)
San Leon today announced it is hosting a data room for a number of parties, including major multi-nationals, interested in farming-in to its Durresi Block, offshore Albania, that contains the Alban Structure and where the Company holds a 100% operated interest. The data room timetable has been exten
UK: Steel Engineering Selects Tymor Marine as Supply Chain Partner
Leading Scottish engineering company, Steel Engineering has selected Tymor Marine as a supply chain partner to support the delivery of major renewable contracts for Samsung at The Energy Park at Methil in Fife and for ScottishPower Renewables and Vattenfall at the East Anglia offshore wind zone off
Saipem, Eni Pen Drilling Contracts Worth $1.2 Billion (Italy)
Italy’s Saipem today announced it has has signed offshore drilling contracts with Eni, for an approximate value €900 million (USD 1.21 billion). Under the agreement Eni will extend the charter of the Saipem 10000 drillship for a period of 5 years, starting from October 2014. Eni will also extend the
Norway: Statoil Delivers Solid Q4 Results
Statoil’s fourth quarter 2012 net operating income was NOK 45.8 billion. In 2012, net operating income was NOK 206.6 billion. Statoil delivered equity production of 2,004 mboe per day in 2012, increased by 8% from 1,850 mboe per day in 2011. Adjusted earnings increased by 7% to NOK 193.2 billion in
Statoil to Complete 50 Exploration Wells in 2013
Norway’s Statoil today announced fourth quarter 2012 net operating income of NOK 45.8 billion. In 2012, net operating income was NOK 206.6 billion. According to Reuters, the numbers beat market expectations. “2012 was a year of strong strategic and operational progress for Statoil. We grew our produ
Komatsu Presents PW118MR-8 Excavator at Bauma 2013 (Germany)
Introduced in 2011, the PW118MR-8 wheeled excavator was designed at the Komatsu European Technical Centre in Hanover and is the result of a synergy between a joint team of Japanese and European researchers who integrate the most advanced technology from Japan into machines that match the specific re
Subsea UK 2013: New Subsea Player Aiming at Turnover of $1 Bln
A new subsea oil and gas group, Harkand, chaired by oil and gas industry veteran Tom Ehret, is launching today with an ambition to grow to a turnover of $1 billion in the next five years. Following investment by Oaktree Capital Management in Iremis, Integrated Subsea Services (ISS) and their sister
Total Inks Two PSCs with Cyprus
Total said that it has signed two production sharing contracts (PSCs), for Blocks 10 and 11, with the Republic of Cyprus. The PSCs were awarded as part of the second offshore exploration licensing round, launched by the Cypriot government in 2012. The licenses extend over 2,572 square kilometers and
UK’s Subsea Firms Expect Significant Growth in 2013
Subsea companies across the UK are set to grow by 20% or more in 2013, with some companies anticipating more than 50% growth. A survey of Subsea UK members revealed that 100% of firms are predicting significant growth in the next 12 months. Almost half expect to grow by 30% and a third by more [&hel
Austria: GL Celebrates Bladed’s 20th Birthday
At the European Wind Energy Association (EWEA) Conference in Vienna, GL Garrad Hassan marked the 20th anniversary of the launch of Bladed, the wind turbine design software trusted and used by manufacturers and certification agencies around the world. Over the last two decades, as commercial wind tur