News
USA: Wrecked Remains of Pacific Coast Schooner Found Near Channel Islands
Seventy years after it was scuttled off Los Angeles, Calif., government archaeologists have found the wrecked remains of a rare Pacific Coast schooner that was employed in the lumber trade during the early 1900s. Today, Robert Schwemmer, maritime archaeologist for NOAA’s Office of National Marine Sa
Two Partners to Complete 100MW Tidal Energy Farm in Northern Ireland By 2020
Bord Gáis and its Irish tidal energy partner, OpenHydro were awarded exclusive rights to develop a 100MW tidal energy farm off Torr Head on the north coast of Antrim. The project, potentially the first of its kind in the island of Ireland, is expected to be completed by the year 2020. The award was
UK: MMT NetSurvey Takes Part in “Operation Iceberg”
MMT NetSurvey was involved in the “Operation Iceberg” that is a two-part BBC/Discovery co-production TV series. No expedition has ever been to an Arctic iceberg in open water. The team in this production is looking to understand the forces making icebergs break off their mother glaciers and find out
Northern Ireland’s Tidal Energy Farm to Be Completed by 2020
Bord Gáis and its Irish tidal energy partner, OpenHydro were awarded exclusive rights to develop a 100MW tidal energy farm off Torr Head on the north coast of Antrim. The project, potentially the first of its kind in the island of Ireland, is expected to be completed by the year 2020. The award was
Northern Ireland’s Tidal Energy Farm to Be Completed by 2020
Bord Gáis and its Irish tidal energy partner, OpenHydro were awarded exclusive rights to develop a 100MW tidal energy farm off Torr Head on the north coast of Antrim. The project, potentially the first of its kind in the island of Ireland, is expected to be completed by the year 2020. The award was
Norway: Petroleum Activities Impact Assessment Around Jan Mayen on Public Hearing
The Ministry of Petroleum and Energy last week submitted an impact assessment relating to petroleum activities in the area around Jan Mayen on public hearing. Interested parties are invited to comment on the impact assessment within the next three months. The impact assessment forms part of the proc
Denmark: Dredger BG Stone 1 Capsized
Two days ago, after cargo shifted in the hold, the dredger BG Stone 1 capsized off Torreso Strand, Odense, Kattegat. Within 45 minutes, the Danish Navy vessel “MHV 910” of the Flotilla 137 in Aabenraa arrived to the scene, according to sailors-club.net. The crew of four men were rescued by an Air Fo
Klaipedos Nafta Invites Bids for LNG Purchase, Lithuania
Klaipedos Nafta AB said that in today’s issue of Financial Times it has published a notice on procurement of the liquefied natural gas. Expressions of interest have to be submitted to the company by 29 October 2012, 5.00 p.m. (EET). According to the notice, the company intends to procure LNG under s
BP Agrees to Sell Pct Share in TNK-BP to Rosneft (Russia)
BP announced that it has signed heads of terms to sell its 50 per cent share in TNK-BP to Rosneft, the major Russian integrated oil and gas company. Under the heads of terms Rosneft has agreed in principle to buy BP’s share in TNK-BP. The proposed transaction consists of two tranches: BP would sell
Malta: Boston Army Captain Performs Memorial Dive to HMS Maori
Captain Ken McIntosh and Major Dave Stone have taken part in a very different act of remembrance. While visiting Malta, the pair carried out a dive to the wreck of HMS Maori and attached a Royal British Legion Memorial Cross to the ship. HMS Maori was a Tribal-class destroyer in the Mediterranean Fl
DP World: Turkey Terminal Construction Starts Soon
The construction work on the Yarimca terminal in Turkey should commence very soon, according to the DP World top official. Rashid Abdulla, senior vice-president, Global Operation, DP World, stated: “The project is a part of 10 major port developments being carried out by the DP World, as part of its
Spain: Enagas Completes Bond Issue
Enagás has tapped its 20 September issue to raise €250 million on the market. By maintaining the annual coupon at 4.25%, but pricing the bonds at 102.83%, the real cost is 3.615%, 68 basis points lower than the original issue. Enagás has carried out the tap issue to seize a window in the market foll
UK: Oil and Gas Technology Developers Call for Better Collaboration
Developers of oil and gas technology are calling on major North Sea operators to work more closely together to find solutions to the industry’s most pertinent technology issues as they convene at the fifth ITF Technology Showcase next month. ITF, in partnership with the Department of Energy and Clim
Norway: Plexus to Supply POS-GRIP Wellhead Equipment to Lundin
Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, announces that it has secured a £2 million contract to supply for the first time its high pressure high temperature (‘HPHT’) POS-GRIP fri