News
VIDEO: New multi-purpose service vessel launched at Besiktas
Besiktas Shipyard has launched the M/V Dina Polaris, a new multi-purpose service vessel (MPSV), at its yard in Turkey. The shipyard launched the vessel, built for Norwegian ship owner Myklebusthaug Management, on Wednesday, June 29. The vessel is of the first Rolls-Royce UT design. Rolls-Royce won a
UK Offshore Wind Generation Goes Up
UK electricity generated from offshore wind increased by 10.0 per cent to 5.1TWh in the first quarter of 2016, the Department of Energy and Climate Change (DECC) reported in its latest energy statistics. The offshore wind generation went up due to an increase in capacity, according to DECC. Meanwhil
UK Offshore Wind Generation Goes Up
UK electricity generated from offshore wind increased by 10.0 per cent to 5.1TWh in the first quarter of 2016, the Department of Energy and Climate Change (DECC) reported in its latest energy statistics. The offshore wind generation went up due to an increase in capacity, according to DECC. Meanwhil
OPEC oil output hits record high in June on Nigerian rebound
By Alex Lawler LONDON (Reuters) – OPEC’s oil output has risen in June to its highest in recent history, a Reuters survey found on Thursday, as Nigeria’s oil industry partially recovers from militant attacks and Iran and Gulf members boost supplies. Higher supply from major Middle East producers exce
Oil falls below $50 on higher supply outlook, economic worries
By Alex Lawler and Dmitry Zhdannikov LONDON (Reuters) – Oil fell below $50 a barrel on Thursday, pressured by higher Nigerian output and concern about the economic outlook following Britain’s vote to leave the European Union last week. Returning Nigerian supply will put pressure on prices, Goldman S
Siemens Freezing New UK Investments and Turbine Exports
Uncertainty triggered by the UK’s decision to leave the European Union has made Siemens, one of the biggest offshore wind players, rethink its strategy and put all new wind energy investments in the country on ice, according to The Guardian. The wind turbine maker is also halting long-term export pl
Offshore pay settlement talks underway in Norway
A mediation on the offshore pay settlement for the Norwegian continental shelf (NCS) workers started on Thursday, June 30, 2016. According to the Norwegian Oil and Gas Association (Norsk olje og gass), Thursday and Friday, July 1, have been allocated for this process, with a deadline of midnight on
Fred. Olsen Windcarrier to Set Up Borkum Riffgrund 2 Turbines
Fred. Olsen Windcarrier will transport and install 56 MHI Vestas 8MW turbines at the Borkum Riffgrund 2 wind farm. The turbine installation is set to start in the second quarter of 2018. “This is our second contract signed with DONG Energy and our first project installing the Vestas 8MW turbines, it
Novatek secures new license areas on Gydan Peninsula
Russia’s Novatek, the oprator of the giant Yamal LNG project, said it has obtained the right to explore and appraise new licenses in the central part of the Gydan Peninsula in the Arctic. The license duration is seven years for the West-Solpatinskiy, North-Tanamskiy and Nyavuyahskiy license areas lo
Enagas increases stake in two LNG facilities
Spanish LNG terminal operator Enagas on Thursday said it has agreed to up its stake in the Sagunto regasification plant in Spain and the GNL Quintero facility in Chile.
Nexans Presents 72.5kV Cable Solutions
Nexans has launched a new range of cable and power accessories for higher capacity wind farms. The new generation of power accessories with F-type outer cone comprising separable T-connectors, coupling connectors and surge arresters has been developed to operate at 72.5kV, the company said. To trans
Let Me Upgrade You (Video)
Damen Shiprepair Amsterdam (DSAm) has completed a major modification and maintenance project on A2SEA’s jack-up vessel Sea Installer. The principle scope of work involved the extension of the main crane boom, giving the Sea Installer increased reaching capacity. Other work comprised structural modif
Let Me Upgrade You (Video)
Damen Shiprepair Amsterdam (DSAm) has completed a major modification and maintenance project on A2SEA’s jack-up vessel Sea Installer. The principle scope of work involved the extension of the main crane boom, giving the Sea Installer increased reaching capacity. Other work comprised structural modif
Audit reveals several flaws on ExxonMobil’s Ringhorne
Norwegian offshore safety body, the Petroleum Safety Authority (PSA), has announced the audit results of ExxonMobil’s operations on Ringhorne platform, offshore Norway. PSA said on Thursday that audit was conducted from May 20-26 and that its scope included logistics arrangements, materials handling