Mitsui, MOL and Marubeni will invest in a long-term charter business operated by MODEC for the purpose of providing a floating production, storage, and offloading system (“the FPSO,”) for use in the Iracema Norte area of a pre-salt oil field off the coast of Brazil. For this Project, Mitsui, MOL and
Fast-growing subsea specialist ROVOP has won a hat-trick of awards in less than a year after being named Great Small Company at last night’s SPE Offshore Achievement Awards. The Offshore Achievement Awards recognise exceptional business growth, innovation, safety breakthroughs and collaborative effo
Today Oceana published new proposals for the protection of twelve areas in the Baltic Sea and Kattegat. All the proposed areas include vulnerable, threatened or declining species or communities which need immediate protection. Oceana is proposing new marine protected areas (MPAs) in order to enhance
VMAX Project simulator software is used to develop various offshore simulation applications (e.g. ROV, Crane, Vessel simulation, Asset Integrity Management software). The VMAX Project Simulator (ROV module) provides standard functionality for any ROV equipment and allows accurate simulation of the e
The Christie Administration has developed a compromise between recreational and commercial fishing interests regarding access to artificial reefs off the coast of New Jersey, Department of Environmental Protection Commissioner (DEP) Bob Martin announced. The plan will allow commercial interests to h
Investment Promotion Agency of Sao Paolo, Investe SP, linked to the Department of Economic Development, Science and Technology confirmed to support Accelerate Oil & Gas 2013 expo-forum which will be held on 21-22 May at the Windsor Barra Hotel, Rio de Janeiro. Investe SP will hold an exhibition at t
Airborne Marine announces that the Factory Acceptance Test (FAT) procedure of the seven Nautricity tidal blades was concluded positively early this month together with Nautricity Ltd. Airborne Marine will shortly ship the seven blades to the assembly site of Nautricity where the blades will be mount
NOAA announced that it is seeking comments on a supplemental draft environmental impact statement (EIS) for oil and gas activities in the Arctic Ocean. The draft, developed in collaboration with the Department of the Interior’s Bureau of Ocean Energy Management (BOEM), includes analysis on how a bro
The offshore industry’s highest achievers were recognised at last night’s 2013 Offshore Achievement Awards, with Malcolm Webb, chief executive of Oil & Gas UK, picking up the Significant Achievement accolade. The 27th awards ceremony, which saw a record attendance of 530 guests, took place at the Ab
Saipem Ltd, a one of the best balanced turnkey contractors in the oil & gas industry, has declared their option to extend the contract with Solstad Offshore for the construction support vessel (CSV) Normand Cutter. The contract extension is for 1 year from May 2013. This is the first of a total of t
Plans have been released for the world’s first, purpose-built, tidal lagoon power plant that will be capable of generating electricity equivalent to Swansea’s entire domestic consumption. The proposed 250MW power plant will produce predictable, baseload electricity for 16 hours each day, using both
Naval Sea System Command’s (NAVSEA) Supervisor of Salvage and Diving (SUPSALV) continues to support operations to remove and dismantle USS Guardian (MCM-5) from a reef in the Tubbataha Reef National Park in Philippines. Guardian ran aground on the coral reef Jan. 17, while transiting the Sulu Sea. A
Talisman Sinopec Energy UK Limited (Talisman Sinopec Energy) has awarded Ocean Installer a contract for umbilical installation at the Arkwright field in the UK sector of the North Sea. This is Ocean Installer’s second contract award this month. The scope of the work is to install a new 11.5 km umbil
Total E&P Norge AS has awarded a contract to Floatel International for provision of an accommodation and construction support vessel for the Martin Linge Field Development project. Martin Linge field is located on the Norwegian Continental Shelf, approximately 180 kilometers west of Bergen, Norway,
