News
Switzerland: EGL Becomes Axpo
The Swiss energy supplier, Axpo, has a new organisation: In the future, EGL, which is mainly active in European energy trading, will operate under the Axpo brand. With an optimised Group structure geared to increase profitability, Axpo wants to generate a significantly improved EBIT of over 100 mill
Golar LNG Completes Bond Issue, Bermuda
Golar LNG Partners said it has completed the issuance of a NOK 1,300 million bond issue in the Norwegian bond market with maturity expected to be on 12 October 2017. The aggregate principal amount of the bonds is equivalent to approximately USD 227 million and will be swapped to USD, with a fixed in
Marathon Allowed to Use Vilje Field Facilities (Norway)
The Petroleum Safety Authority Norway (PSA) has granted Marathon Oil Norge AS (Marathon) consent to use the facilities on the Vilje field in connection with the company assuming operatorship from Statoil as of 1 October 2012. A change of operatorship entails that the new operator must apply for cons
Aker Wins Statoil Contract, Norway
Aker Solutions has been awarded a four-year frame agreement from Statoil for delivering wireline tractor services on the Norwegian continental shelf. The frame agreement is valid for four years from 2013 to 2017, with two additional two-year options. Aker Solutions will deliver well intervention ser
EMGS Starts Multi-Client Survey Offshore Shetlands
Electromagnetic Geoservices ASA (EMGS) has commenced a fully pre-funded multi-client survey in the West of Shetland area. The vessel Atlantic Guardian will acquire controlled-source electromagnetic (CSEM) and magnetotelluric (MT) data for a minimum of three weeks in an area where basalt layers make
Voyageur Spirit FPSO En Route to UK North Sea
Sevan Marine ASA has announced that the tow of the FPSO “Voyageur Spirit” from the Nymo upgrade yard at Eydehavn, Arendal to the Huntington Field in the UK sector of the North Sea has commenced. The “Voyageur Spirit” let go of the moorings at 07:50 hrs Sunday morning, September 30, and is estimated
UK: TAS Completes Sea Trials at Rhyl Flats Wind Farm
Houlder and BMT Nigel Gee today have announced that their jointly developed Turbine Access System (TAS) has successfully completed an extensive set of offshore trials. The TAS was fitted to Turbine Transfers’ 24m Cemlyn Bay for a four week trials period at RWE’s Rhyl Flats offshore windfarm. The TAS
UK: Barrett Launches New Offshore Tubes Business
Following a review of internal systems at the company’s Tubes Division, the recent report from the Crown Office, ‘Offshore Wind Cost Reduction, Pathways Study’, and demand from the market, the Barrett Steel Group has created the Barrett Offshore Tubes business to provide a dedicated and focused serv
UK: London to Host Meteocean Awareness Course
The effects of meteorology and oceanography (metocean) have a major impact on design and operations for all offshore industries – marine renewables, and offshore oil and gas. If users of metocean information are not aware of the implications that the weather, waves, currents and water levels can hav
Seafox 5 Expected in North Sea
The self-propelled DP2 jack-up Seafox 5 is close to delivery in Singapore for subsequent dry-tow to the North Sea. Following the naming ceremony at Keppel FELS shipyard on 18 August 2012, the multi-purpose support vessel is currently carrying out sea trials and is expected in the North Sea early Nov
Seafox 5 Expected in North Sea
The self-propelled DP2 jack-up Seafox 5 is close to delivery in Singapore for subsequent dry-tow to the North Sea. Following the naming ceremony at Keppel FELS shipyard on 18 August 2012, the multi-purpose support vessel is currently carrying out sea trials and is expected in the North Sea early Nov
Germany: Naming Ceremony for Eco-Friendly Dredger
At a solemn ceremony held today at HafenCity in Hamburg the president of BSC Monika Moritz Breuch named the third Josef Möbius Bau GmbH’s hopper dredger. The dredger, constructed at Sietas KG Schiffswerft, was named Eke Möbius, after the wife of the Josef Möbius Bau GmbH’s President. In her speech,
Vos Logistics Adds Five LNG Trucks to Its Fleet, The Netherlands
European logistics service provider Vos Logistics has further greened its transport fleet by taking five new trucks into service that drive on liquefied natural gas (LNG). In the fourth quarter of the year the company will add another six LNG trucks to its fleet, bringing the total number of Mercede
UK: Sheringham Shoal Opens with Great Celebration
Norfolk’s majestic Holkham Hall was the setting for yesterday’s official opening of the 317MW Sheringham Shoal Offshore Wind Farm by His Royal Highness, Crown Prince Haakon of Norway. The Crown Prince arrived via helicopter with representatives from the wind farm’s owner companies, Statoil and Statk