News
Ulstein’s SX163 Vessel First to Be Built at External Yard in Norway
Siem Offshore has ordered an installation support vessel from ULSTEIN to be built by the Norwegian shipyard Fjellstrand, with an option for an additional vessel. This is a new segment for ULSTEIN, and the vessel will be the first to be built by an external yard in Norway. The vessel of SX163 design
ScottishPower Renewables Meets Potential Suppliers for Islay Tidal Power Project
Project managers from ScottishPower Renewables met today with more than 90 potential suppliers in Dunstaffnage near Oban as the renewable energy company progresses with its plans to develop a tidal power array in The Sound of Islay, potentially the first of its kind in the world. ScottishPower Renew
ScottishPower Renewables Meets Potential Suppliers for Islay Tidal Power Project
Project managers from ScottishPower Renewables met today with more than 90 potential suppliers in Dunstaffnage near Oban as the renewable energy company progresses with its plans to develop a tidal power array in The Sound of Islay, potentially the first of its kind in the world. ScottishPower Renew
Norse Management Orders Two Bulk Carriers from China
UK’s marine and investment management company Norse Management placed an order for a pair of 82,000 dwt dry bulk carriers with Chinese shipyard Shanghai Waigaoqiao Shipbuilding, SeatradeAsia reports. The vessels’ price is $28m each and they should be delivered in the second half of 2014. Under the c
AB Lietuvos Dujos Sets LNG Terminal Related Extra Tariff Component, Lithuania
National Control Commission for Prices and Energy set the newly adjusted AB Lietuvos Dujos natural gas transmission and distribution price caps (effective from 1 January 2013 to 31 December 2013) and approved the adjusted version of AB Lietuvos Dujos long-term programme (for 2009–2013) of investment
UK: Subsea Industry Developing Their Businesses for Offshore Wind
Offshore wind industry in the North East UK has been recognized by many companies as one which will play a huge role in the future energy mix. Therefore, the companies from the subsea industry are developing their businesses to follow the benefits of the offshore wind market. When it comes to supply
Gazprom Export May Appeal Against RWE Decision, Russia
The Gazprom Group considers possibilities to appeal against the decision made by the arbitration court in Vienna that refers to the fulfillment of the take-or-pay clauses of the contract for gas supply to Czech Republic, concluded earlier with the RWE Transgas. In this connection the company will ta
International Power Changes Name to GDF SUEZ Energy International, France
With the acquisition of 100% of International Power, and as part of the GDF Group’s global rebranding policy, since October 19 the International Power name has changed to the GDF SUEZ brand. “International Power” is now ”GDF SUEZ Energy International.” The change in brand also applies to the six maj
UK Government Sparks Millions of Pounds of Investment
The government has today approved a Talisman project that will extend the life of North Sea oil fields and unleash millions of pounds of extra investment for the UK economy. The £1.6 billion MonArb Area Redevelopment Project will mean the production of a further 100 million barrels of oil equivalent
France: FREMM’s Sonars Successfully Complete Sea Trials
The official qualification trials of the sonars for the FREMM frigate programme took place over a six-week period in June and July 2012 on the FREMM frigate Aquitaine in the Bay of Biscay. The successful trials are the culmination of nine months of testing with the UMS 4110 CL bow-mounted sonar and
Offshore Energy Exhibition & Conference Exceeds Expectations
Offshore industry professionals from around the world gathered in Amsterdam on 23 – 24 October for Offshore Energy Exhibition & Conference 2012. The fifth edition of Offshore Energy attracted a record number of 7,632 attendees, up 49% from last year. Offshore Energy 2012 continued on its path of ste
Total Sees Yamal LNG FID Next Year, Russia
Total of France expects a final investment decision on Russia’s Yamal LNG Project to be made next year. The decision was first anticipated by the end of this year. Head of gas and power at Total, Philippe Sauquet, said at gas and electricity conference in Paris : “We anticipate to be in a position t
France: Technip Publishes 3Q Results
On October 23, 2012, Technip’s Board of Directors approved the third quarter 2012 consolidated financial statements. Third Quarter 2012 Results: Order intake of €2.8 billion Record backlog of €13.5 billion, of which €6.1 billion in Subsea Revenue of €2.1 billion Operating margin of 10.3% Net income
UK: Acteon Nominated for Oil Council Award
Leading specialist subsea services group Acteon has been nominated for an Oil Council award in the Oilfield Services Business of the Year category. The awards celebrate international successes in the oil and gas industry throughout 2012 and are judged by a panel of 50 industry experts. The award foc