STX Norway Offshore has entered into a new contract with Olympic Shipping for the building of an LNG powered Platform Supply Vessel. The vessel is scheduled for delivery in Q1 2012. The new vessel is designed by STX Norway Offshore Design in Ålesund. The hull is to be built at Tulcea, Romania, and t
Santos has today executed an agreement with Total for the sale of a 15% interest in GLNG for A$650 million. In parallel, PETRONAS has also entered into an agreement to sell a 5% interest in GLNG to Total. Upon completion of the Santos and PETRONAS sale transactions, the ownership structure of GLNG w
Wärtsilä, the marine industry’s leading solutions provider, has been selected to supply its flexible gas propulsion solution for a series of new LNG carriers to be built at the Samsung Heavy Industries shipyard in South Korea. The selection of Wärtsilä gas engines is indicative of the current emphas
No single factor caused the Macondo well tragedy. Rather, a sequence of failures involving a number of different parties led to the explosion and fire which killed 11 people and caused widespread pollution in the Gulf of Mexico earlier this year. A report released by BP today concludes that decision
Together with DNV and other partners, DNV customer Reederei Stefan Patjens is ready to retrofit LNG on board a 5,000 TEU container vessel. When completed, this would be the very first use of LNG as fuel on board a container ship and of LNG as fuel in worldwide trading. The vessel in mind is a [&hell
BP announced it is providing $10 million to the National Institutes of Health (NIH) under its Gulf of Mexico Research Initiative (GRI) to support a study of potential public health issues relating to the Gulf oil spill and other spill-related health research. The GRI is a 10-year, $500 million indep
Dragon Oil plc , an international oil and gas exploration and production company, announces the completion and initial testing of the Dzheitune (Lam) 28/147 development well. The well, which is the second in a series of wells to be drilled from the Dzheitune (Lam) 28 platform, was drilled to a depth
ADX Energy Limited hydrocarbon bearing zones have been discovered in the Lambouka-1 well. Drilling and wire line logging operations on the well have now been concluded, having reached a total measured depth of 2,786 meters. Analysis of the final suite of wire line logs has supported earlier results
The Macondo well, which spilled an estimated 4.9 million barrels of oil into the Gulf of Mexico, has been secured and no longer … (bigpondnews) [mappress] Source: bigpondnews, September 06, 2010;
Statoil has been granted consent to use the new pipeline L-103 from subsea template L to Åsgard B. The consent also entails changes to the process equipment on Åsgard B as a result of the new pipeline. There will be no changes to the process equipment on Åsgard A. Åsgard consists of the deposits Mid
Rockhopper Exploration plc , the North Falkland Basin oil and gas exploration company, announces that the Ocean Guardian drilling rig is at the location of the Sea Lion 14/10-2 discovery well and that operations to carry out a flow test on the Sea Lion main and lower fans are underway. While testing
France, which has the third largest wind resource in Europe after Germany and the UK, has launched a tender for E10 billion of offshore wind… (istockanalyst) [mappress] Source: istockanalyst, September 05, 2010;
BP provided an update on developments in the response to the MC252 oil well incident in the Gulf of Mexico. BP continues to work with the guidance and approval of the National Incident Commander and in cooperation with the leadership and direction of the federal government. Subsea Source Control The
Songa Venus achieved operating efficiency of 93% during the month; the rig completed its work on the first and has now commenced work on well no 2 out of 3 firm wells for Shell Development (Australia). Songa Mercur achieved operating efficiency of 99% during the month; the rig continues to operate o
