News
RenewableUK Welcomes New Report on Economic Benefits of Offshore Wind
RenewableUK, the trade and professional body representing the wind and marine energy industries, has welcomed a new report highlighting the economic benefits of wind. The study, by Cambridge Econometrics for WWF and Greenpeace, shows that UK GDP will be £20 billion higher (0.8%) in 2030 if investmen
RenewableUK Welcomes New Report on Economic Benefits of Offshore Wind
RenewableUK, the trade and professional body representing the wind and marine energy industries, has welcomed a new report highlighting the economic benefits of wind. The study, by Cambridge Econometrics for WWF and Greenpeace, shows that UK GDP will be £20 billion higher (0.8%) in 2030 if investmen
Local Residents Concerned over Irish Sea Wind Farm
Development of offshore wind farms in the Irish Sea has raised a myriad of concerns for the local residents, voiced during Celtic Array’s public consultation period, one of them being cutting off of ferry routes. Centrica and Dong Energy consortium, Celtic Array, launched a public consultation proce
Denmark: Blue Water Shipping Acts as Agent for ‘Pacific Orca’
In November, Blue Water Shipping acted as agent for the world’s largest wind turbine installation vessel “Pacific Orca”, which was undergoing minor adjustments at Lindoe Industrial Park before duty calls. Blue Water Shipping was responsible for coordination with the port authorities as well as with
The Netherlands: Rotterdam Hosts Floodrisk 2012
Floodrisk 2012, the second European Conference on flood risk management that was held from 20 November to 22 November in Rotterdam, attracted over 500 participants from 40 different countries. Not only European countries were represented; participants also came from Africa, the United States and the
Lundin to Use Transocean Winner for Drilling in PL 338 (Norway)
The Petroleum Safety Authority Norway has granted approval to Lundin Petroleum for exploration drilling of well 16/1-17 with the Transocean Winner semi-submersible rig. Well 16/1-17 is located in the southern part of the North Sea, in a prospect east of the Edvard Grieg field in production licence P
Repsol of Spain Files Arbitration Request Regarding YPF Expropriation
Once the six months period after the notification to Argentina of the existence of a dispute regarding the expropriation of the Repsol Group’s control stake in YPF, S.A. and YPF Gas, S.A. and other related acts has elapsed, Repsol, S.A. and Repsol Butano, S.A. have filed before the International Cen
Faroe Petroleum Enters into Iceland’s Offshore Sector
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, has announced provisional exploration licence awards in the Dreki area on the Icelandic Continental Shelf in the Icelandi
Ukraine’s Naftogaz Orders Two Rigs Worth USD 1.2 Bln from Keppel
Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has signed a contract with Ukraine’s National Joint-Stock Company “Naftogaz of Ukraine” (Naftogaz), to construct two semisubmersible drilling rigs worth about US$1.2 billion. The contract will
Fluxys TENP Becomes NetConnect Germany Shareholder
Fluxys TENP has joined NetConnect Germany (NCG) as a 10% shareholder. Through its shareholding, Fluxys TENP (formerly ENI Gas Transport Deutschland, which had been a cooperation partner of NCG since 2009) confirms its commitment to jointly shape the future development of the NCG market area. Fluxys
France: Christian de Chateauvieux Resigns from BOURBON’s Board
BOURBON, a company which serves the needs of the most demanding clients in the oil and gas industry, announced that the BOURBON Board of Directors accepted Mr. Christian de Chateauvieux’s resignation effective November 7th 2012 at the board meeting on November 30th 2012. He resigned from his positio
Shell Extends ERRV Deal with Atlantic Offshore
Norske Shell AS has awarded Atlantic Offshore an 18 months emergency rescue and response vessel (ERRV) contract to support its drilling operation. Ocean Sky, AH-Tug/Standby/Supply vessel, will start the contract mid January 2013. The vessel has worked for Norske Shell AS since 2000. Atlantic Offshor
Eni Restarts Exploration Activities in Libya
Eni announced it had restarted its onshore exploration activities in Libya by drilling the A1-108/4 well in the Sirte Basin, located around 300km south of the city of Benghazi. The well, operated by the fully owned subsidiary Eni North Africa, will reach a total depth of 14,500 feet and will test a
Second-Hand Tanker Market Recorded Four Sales Last Week
Second-hand tanker market recorded four sales contracts last week, in which Greek shippers dominated again, according to Lion Shipbrokers Weekly report. Reportedly, Alpha Tankers, from Greece, paid USD 38 million for double hulled VLCC SAMCO AMERICA built at Hyundai Heavy yard in 2003. According to