News
GAZ-SYSTEM Performs Horizontal Directional Drilling under Vistula River in Poland
In relation to the construction of a high-pressure pipeline between Rembelszczyzna and Gustorzyn, on the 29-30th of January 2013, the company GAZ-SYSTEM S.A. has carried out final works related to drilling of a horizontal directional drilling (HDD), 1339 m long, under the Vistula River. This is one
Blue Water Transports Dismantled Rig from UAE to Russia
Following a successful delivery of the EDC Neptune from UAE to Russia in 2012, Lamprell Energy has again selected Blue Water Shipping as their transport partner to deliver a LeTourneau S116E jack-up rig from their Hamriyah yard to Russia. “We selected Blue Water Shipping due to their competitive bid
UK’s Wind Energy Exceeds 5 GW Threshold
A record amount of electricity has been generated by wind energy in Great Britain, according to National Grid. The new high was reached on Sunday morning, when wind generated more than 5 gigawatts for the first time – more than 12% of the nation’s electricity needs for industry, businesses and house
UK: BP Income Drops
BP announced its financial results for the fourth quarter and full year of 2012. Underlying replacement cost profit, adjusted for non-operating items and fair value accounting effects, was $4.0 billion for the fourth quarter, compared to $5.0 billion for the same period in 2011. For the full year, u
BG’s 4Q Earnings Drop 29 Pct. 2013 Capex Set at $12 Billion
BG Group, a UK-based oil and gas company, today announced that its full year 2012 earnings rose 3% to $4.4 billion. The company’s 4Q 2012 earnings dropped 29% to $1 billion The recently appointed, BG Group’s Chief Executive, Chris Finlayson said, “Earnings in the fourth quarter were down 29% to $1.0
Germany: AREVA Wind to Install M5000-135 Prototype
AREVA Wind installs a prototype, the evolution of its proven M5000 offshore technology in Bremerhaven. Close to the motorway A27 the offshore wind turbine manufacturer will install its more powerful wind turbine M5000-135. The evolution of the successfully operating M5000-116 five megawatt (MW) turb
ABS to Move Northern European Marine Operations Office to Hamburg, Germany
ABS, a leading provider of global classification services, said it will relocate its Northern European regional marine operations office from London to Hamburg, Germany. “This relocation is part of ABS’ ongoing effort to place our frontline decision makers closer to our clients and be more responsiv
UK: BG Delivered 197 LNG Cargoes in 2012
BG Group of UK said its LNG Shipping & Marketing total operating profit for 2012 increased by 13% to $2 577 million despite 11 fewer cargo deliveries, reflecting favourable market conditions and strong demand, particularly from Japan. The tightening of the LNG market, which overall benefits the LNG
The Netherlands: Trianel Project Advances with AREVA’s Wind Turbines
A further project step for the Trianel wind farm Borkum has been successfully finished. The 40 wind energy turbines which were produced by AREVA Wind have been shipped from Bremerhaven to the Dutch town Eemshaven. In September last year the transport of the 40 nacelles, hubs and (S3) tower sections
Blue Water Shipping Loads First Gwynt Y Mor Turbine on Seatruck Pace
In January, Blue Water Shipping loaded the ro/ro vessel “Seatruck Pace” at the Port of Esbjerg with the first turbines for the Offshore Wind Farm Gwynt Y Mor in Great Britain where a total of 160 turbines are to be installed. Blue Water has been awarded the transport contract of 130 turbines from Es
Blue Water Shipping Loads First Gwynt Y Mor Turbine on Seatruck Pace
In January, Blue Water Shipping loaded the ro/ro vessel “Seatruck Pace” at the Port of Esbjerg with the first turbines for the Offshore Wind Farm Gwynt Y Mor in Great Britain where a total of 160 turbines are to be installed. Blue Water has been awarded the transport contract of 130 turbines from Es
Chevron Discusses Shale Gas Exploration with President of Lithuania
President of Lithuania, Dalia Grybauskaitė, met with representatives of the international energy corporation Chevron, Jay Johnson and Gilbert Ankenbauer, who presented the company’s experience in exploring shale gas. “It is important for any country to know its natural resources, energy reserves and
PSA Wants Answers on Heimdal Gas Leak (Norway)
The Petroleum Safety Authority Norway (PSA) has issued an order to Statoil following an investigation of the hydrocarbon leak on the Heimdal field on 26 May 2012. The hydrocarbon leak occurred in connection with testing of two emergency shutdown valves on the HMP1 drilling, production and living qua
SOCAR Allocates USD 4 Billion for New Offshore Rigs (Azerbaijan)
Azerbaijan’s state-controlled oil and gas exploration and production company, SOCAR, has allocated $4 billion for the construction of four new offshore drilling rigs, Bloomberg has reported, quoting Rovnag Abdullayev, the president of SOCAR. According to the news agency, at a meeting in Baku, Abdull