Realising the potential in large mature fields
Posted: 31.07.2010
Kjell Pedersen, chief executive of SDFI manager Petoro, explains the new strategy for the company adopted by the board during the second quarter. “The most effective way of slowing the decline in oil production from the NCS is to improve recovery from big fields which are already on stream,” he notes.
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Secures contract extention for ultra-deepwater rig
Posted: 30.07.2010
Seadrill has been awarded a six months contract extention for the ultra-deepwater semi-submersible drilling rig West Hercules by Husky Oil China Ltd.
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Ocean Signal launches new products at SMM
Posted: 30.07.2010
Following extensive research and development by the company's world leading designers and engineers, Ocean Signal has created a series of GMDSS products which each display innovative and industry leading benefits.
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Agreement signed with K Line LNG Shipping
Posted: 30.07.2010
Wilhelmsen Ships Service in the UK has secured a Service Agreement using its brand new “Ships Agency Re-Defined” initiative to provide husbandry services to K Line LNG Shipping (UK) Ltd.
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Establish three offshore wind clusters
Posted: 29.07.2010
The Scottish government has unveiled plans to establish three offshore wind clusters, which it claims will require £223m ($347m) of investment, while creating 5,000 jobs and generating nearly £300m in annual revenue.
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Petrobras explores good funding opportunities
Posted: 29.07.2010
With the Company's growth and with the expansion of its business, Petrobras has been engaged in exploring all funding opportunities offered by the financial market.
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New orders for Unitor ballast water treatment system
Posted: 29.07.2010
Wilhelmsen Ship Equipment (WSE) recently received orders for three new Unitor Ballast Water Treatment Systems (Unitor BWTS). One system is for a platform supply vessel being built at Hellesøy Verft, and the other two systems are for two new Fjordline ferries to be built at Bergen Group Fosen.
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Alfa Laval report strong order intake
Posted: 29.07.2010
“The base business showed growth for the first time in two years and almost all business segments grew, compared to both last year and the first quarter,” says Lars Renström, ALfa Laval President and CEO.
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Acergy awarded $1.3 billion contract
Posted: 29.07.2010
Acergy S.A. announce the award of a contract valued at approximately $1.3 billion for the engineering, procurement, fabrication and installation of a significant deepwater development, offshore West Africa.
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High activity and good operations
Posted: 29.07.2010
"Statoil's second quarter is characterised by strong operational performance and a high activity level. Production is on track. However, planned maintenance turnarounds will heavily impact production in the third quarter" says Statoil's Chief Executive Officer Helge Lund.
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Total claims payments top $256 million
Posted: 28.07.2010
BP said today it estimates it will pay at least $60 million in advance payments in August to claimants across the Gulf Coast who have lost income or net profit due to the oil spill in the Gulf of Mexico.
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EMGS wins patent dispute
Posted: 28.07.2010
Electromagnetic Geoservices, EMGS, today reported that the Court of Appeal in London has ruled in favor of EMGS in a patent dispute launched by Schlumberger, where Schlumberger sought to invalidate two of EMGS's basic method patents.
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Global marine fuel quality review
Posted: 28.07.2010
World average fuel quality has been undergoing an upward creep in density and viscosity; and at least
in the past five years, a decline in fuel sulphur content.
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Helps customers meet new IMO regulations
Posted: 28.07.2010
Wilhelmsen Ships Service is launching a new initiative to assist its tanker operator customers in adapting to new regulations regarding the testing and supplying of fire-fighting foam.
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Global energy industry remains buoyant
Posted: 27.07.2010
EIC quarterly report tracking new projects in the global energy industry shows a mixed bag of results with power and renewables leading the way although some slow down in the oil & gas sectors.
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Cecon enters into LoI with potential investor
Posted: 27.07.2010
Cecon in Arendal entered into a letter ofintent with a reputable Norwegian investor in relation to a potential investment in Cecon of up to NOK 250 million.
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Green Reefers to join Hamburg Reefer Pool
Posted: 27.07.2010
The Hamburg Reefer Pool NV and Green Reefers ASA announce that as per 1 August 2010 Green Reefers-operated vessels will join the recently established Hamburg Reefer Pool.
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PII technology for natural gas pipeline security
Posted: 27.07.2010
PII Pipeline Solutions, a GE Oil & Gas and Al Shaheen joint venture, has been selected to help improve the long-term security of two of Australia’s most important natural gas pipelines.
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Successful Type Approval tests completed
Posted: 27.07.2010
Wilhelmsen Ship Equipment’s Unitor Ballast Water Treatment System (Unitor BWTS) passed another major milestone in mid-July when it successfully completed the 6 months testing onboard MV Toronto.
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BP sets out Gulf of Mexico costs
Posted: 27.07.2010
BP has taken a pre-tax charge of $32.2 billion for the Gulf of Mexico oil spill, including the $20 billion escrow compensation fund previously announced.
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BP CEO Tony Hayward to step down
Posted: 27.07.2010
BP announce that, by mutual agreement with the BP board, Tony Hayward is to step down as group chief executive with effect from October 1, 2010. He will be succeeded as of that date by fellow executive director Robert Dudley.
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High exploration activity on the Norwegian shelf
Posted: 26.07.2010
At the end of the first half of 2010 (as of 24 June) 2five exploration wells on the Norwegian shelf had been completed. During the same period last year, 33 exploration wells were drilled.
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GE and ZKMK sign oil and gas agreement
Posted: 26.07.2010
GE Oil & Gas has signed a long-term technology transfer and license agreement with JSC ZKMK, the leading Kazak precision engineering plant operator, for the servicing of GE’s fleet of oil and gas turbomachinery equipment installed in the Republic of Kazakhstan and the Central Asia region.
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Update on Gulf of Mexico oil spill
Posted: 26.07.2010
Following the passing of the Tropical Storm Bonnie, the DDIII drilling rig returned to the relief well site on July 24 and is taking steps necessary to reconnect with the well and resume drilling operations. These steps are expected to take a number of days.
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Subsea 7 awarded contract from Petrobras
Posted: 26.07.2010
Subsea 7 Inc., through its i-Tech division, today announced the award by Petroléo Brasileiro S/A (Petrobras) of a contract for the provision of ROV and under water positioning survey services onboard a ROV support vessel, operating offshore Brazil.
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Moves after 28 years
Posted: 23.07.2010
After 28 years on Dubai Creek, Wilhelmsen Ships Service has moved to new office premises in Dubai. The move will ensure Wilhelmsen Ships Service is positioned closer to Jebel Ali Port and the newly opened Dubai World Central, which is set to be the world's largest integrated sea and air logistics hub.
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Update on Gulf of Mexico oil spill
Posted: 23.07.2010
Relief well activities at the MC252 well site will be temporarily suspended because of potentially adverse weather associated with Tropical Storm Bonnie, which is projected to track into the Gulf of Mexico.
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New MSC Cruises flagship confirmed
Posted: 23.07.2010
MSC Cruises and STX France announce the conclusion of the legal process that finalizes the order of a new 'Fantasia' class cruise shi (technically called U32), the 12th in the MSC Cruises fleet.
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Sale of mv Enterprise to optimize Dockwise fleet
Posted: 23.07.2010
Dockwise Ltd. announces the sale of type IV vessel MV Enterprise to optimize the composition of the company's fleet with an increasing focus on premium cargoes.
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New shipmate for crew product placement providers
Posted: 23.07.2010
Moore Stephens Crew Benefits Limited (MSCB), leading product placement providers of niche financial and HR products specifically for Superyacht crew, announce a strategic new alliance with Nautilus International.
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PetroMarker finalizes EM-contract with Spring Energy
Posted: 23.07.2010
Spring Energy, a Norwegian exploration oil company, has awarded PetroMarker a contract for the acquisition of EM data on the Norwegian Continental Shelf (NCS).
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Peters & May wins transportation to Griffon Hoverwork
Posted: 23.07.2010
The Peters & May group of companies, renowned as leaders in global specialist niche freight forwarding and marine logistic provision, have secured a major new contract with hovercraft manufacturer, Griffon Hoverwork of Hythe, Southampton, UK.
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Aker Solutions to deliver on-vessel mooring system to ENI Norge
Posted: 22.07.2010
Aker Solutions has won a contract with Eni Norge for the design and supply of an on-vessel Pusnes mooring system for the Goliat FPSO.
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Invest in the super heavy lift market
Posted: 22.07.2010
Beluga Shipping GmbH, the global market leader in the project & heavy lift shipping segment, announce plans to make further investments in the super heavy lift market, extend its existing business segments, and improve its overall service offering.
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Verdensrekord i Oslofjorden
Posted: 22.07.2010
Statnett har til delt Nexans Norway kontrakten for å designe, produsere og installere de nye Oslofjord-kablene som skal erstatte det eksisterende anlegget som ble installert for 30 år siden.
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Dockwise announces $ 45 million awards
Posted: 22.07.2010
Dockwise Ltd. today announces four awards for Heavy Marine Transport (HMT) Projects that include an FPSO, two jack-up rigs and a power barge.
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New oil spill containment system planned
Posted: 22.07.2010
A plan to build and deploy a rapid response system that will be available to capture and contain oil in the event of a potential future underwater well blowout in the deepwater Gulf of Mexico was announced today by Chevron, ConocoPhillips, ExxonMobil and Shell.
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Oil and gas discovery near the Åsgard field
Posted: 22.07.2010
The well was drilled about 20 kilometres southeast of the Åsgard field and 10 kilometres northwest of the Tyrihans field in the Norwegian Sea, according to the Norwegian Petroleum Directorate.
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Petrobras increase oil and gas production
Posted: 21.07.2010
Petrobras’ average oil and natural gas production in Brazil and abroad topped-out at 2,563,193 barrels of oil equivalent per day (boed) in June, 2.3% more than a year ago (2,505,379 boed).
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GE signs licensing agreement for compressors
Posted: 21.07.2010
Further expanding its technology presence in India and the region, GE has signed a 10-year licensing agreement with Bharat Heavy Electricals Limited (BHEL) of India.
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Hamworthy wins £50 million LPG order in Brazil
Posted: 21.07.2010
Hamworthy has been awarded a contract by Brazilian shipyard Estaleiro Promar S.A. covering the ship design and supply of cargo handling systems for eight liquefied petroleum gas (LPG) carriers destined for operation by Transpetro, a subsidiary of Petrobras.
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First certified training for ice navigation
Posted: 21.07.2010
“Representing the world’s only competence standard in this area we are stressing the importance that the additional challenges in Arctic waters must be met with a highly skilled crew,” says Jon Rysst, DNV’s regional manger of Norway, Finland and Baltics.
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Major Dalian VLCC contract lifts OceanSaver
Posted: 21.07.2010
OceanSaver today announced that Dalian Shipbuilding Industry Company (DSIC) has ordered ballast water management (BWM) systems for six VLCCs thus lifting the company’s order book to approximately NOK 280 million.
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Sonars for Finnish Navy Attack Craft
Posted: 21.07.2010
Kongsberg Maritime has received an order from Patria Aviation Oy for the supply of KONGSBERG sonar systems, to be used aboard the Finnish Navy's Rauma Class Fast Attack Craft.
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Supports maintenance products changeover
Posted: 21.07.2010
Belgian company DEME Group, which operates a fleet of over 80 dredging vessels, 200 auxiliary vessels and other specialised equipment, has appointed Wilhelmsen Ships Service as supplier for maintenance products and technical gases globally.
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Offshore Solutions wins award
Posted: 21.07.2010
SBV, together with GDF SUEZ E&P Nederland B.V., has been awarded the prestigious GDF SUEZ Grand Prix de L’innovation, in the category of ‘Field Operations’.
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BP signs $7 billion asset deals with Apache
Posted: 21.07.2010
BP has entered into several agreements to sell upstream assets in the United States, Canada and Egypt to Apache Corporation.
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Solid reisekoffert for HYDAC måleinstrument HMG3000
Posted: 20.07.2010
Kofferten er spesialtilpasset Hydacs utstyr og leveres av anerkjente Pelicase. Løsningen er tatt fram spesielt for de kundene som reiser mye, spesielt med fly, som trenger en solid og godt beskyttende koffert for instrumentet.
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Gudrun deck contract to Aibel
Posted: 20.07.2010
“This award followed strong international competitive bidding,” says Terje Masdal, project director in Statoil. “Technical and commercial criteria underpin the awarding and Aibel delivered the best bid.”
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Wilhelmsen Ships Service completes contract for DB Schenker
Posted: 20.07.2010
Wilhelmsen Ships Service in Bahrain (trading as Almoayed Wilhelmsen Ltd), has just completed a significant contract through DB Schenker (DBS) Singapore special projects.
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New major contract to Aibel
Posted: 20.07.2010
Statoil awards Aibel the contract for construction of the deck on the Gudrun platform. The platform is scheduled to leave Haugesund in the summer of 2013. The value of the contract is in the region of 2.7 billion NOK.
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OptiMarin signs agreement with Allweiler
Posted: 19.07.2010
Allweiler AS, Norway and OptiMarin team up to win major future Offshore Support Vessel Ballast Water Treatment (BWT) contracts – estimated to peak at NOK 400 million per year for the next four years in the Norwegian offshore shipping market.
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ExxonMobil in lubricant deal with Caterpillar
Posted: 19.07.2010
As part of a multi-year agreement, ExxonMobil will manufacture and supply Caterpillar branded lubricants to Caterpillar factories and dealers worldwide.
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BP signs agreement with Egypt
Posted: 19.07.2010
BP has signed a new agreement with the Egyptian Ministry of Petroleum and the Egyptian General Petroleum Corporation to develop the significant hydrocarbon resources in the North Alexandria and West Mediterranean Deepwater concessions.
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Wilhelmsen Ships Service freights Indian Temple to UK
Posted: 19.07.2010
The latest shipment undertaken by Wilhelmsen Ships Service as part of the increasing projects and freight forwarding business that the company is undertaking in India was of a number of ancient carved marble temples, destined for the UK.
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Update on Gulf of Mexico oil spill
Posted: 19.07.2010
The well integrity test on the MC252 exploratory well continues and the three ram capping stack has been closed, shutting in the well. All sub-sea containment systems (namely, the Q4000 and Helix Producer systems) have been temporarily suspended.
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TGS expands in Offshore Greenland
Posted: 19.07.2010
TGS announced acquisition commencement of 15,000 km of multi-client 2D seismic data off the northwest coast of Greenland in Baffin Bay.
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USD 200 million bond completed
Posted: 19.07.2010
Reference is made to the announcement dated July 12 regarding a bond of USD 200 million to be issued by Sevan Marine ASA. The bond was completed on Friday July 16 and was oversubscribed.
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Gulf of Mexico oil stoppage going well
Posted: 16.07.2010
BP says it is encouraged by the first test data following its stoppage of the oil from its leaking Gulf of Mexico well. Pressure within the well is steadily rising, a good sign, said Kent Wells, BP's vice president.
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Production begins in the Espírito Santo pre-salt
Posted: 16.07.2010
Petrobras has started producing the first oil from the pre-salt layer of the Baleia Franca Field, located about 85 km from the city of Anchieta (state of Espírito Santo), in the complex known as Parque das Baleias, in the Campos Basin.
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