A symbolic keel-laying ceremony on the 17th of April 2013 in Gorinchem, The Netherlands, officially launched the construction phase of 14 Damen ASD Tugs for Kuwait Oil Company (KOC). The series consist of two types, being 9 tugs of Damen’s recently launched 3212 model and 5 units of the well-known 2810 design, with 80 and [...]
Singapore Exchange Mainboard-listed Marco Polo Marine Ltd together with its subsidiaries, a growing regional integrated marine logistic group, announced its half-year financial results for the period ended 31 March 2013 (“H1FY2013”). The Group’s revenue decreased by 34.4% to S$36.5 million in H1FY2013 relative to H1FY2012 and by 31.3% to S$21.3 million relative to Q2FY2012, due [...]
Tests undertaken by Parat Halvorsen on oil spill response equipment (OSR) for offshore supply vessels reveal significant deficiencies with systems using hot water coils. Norway’s leading supplier of steam-based solutions undertook a series of trials after a number of lower cost hot water coil alternatives entered the market. Kim Kristensen, Marine and Offshore, Parat Halvorsen [...]
NOAA announced yesterday 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 broader range of potential offshore oil and gas [...]
The winner of the 2012 World Oil Award for Best Production Technology is a breakthrough in subsea insulation developed by Dow Oil and Gas, a business unit of The Dow Chemical Company (DOW), in cooperation with multiple organizations, including Trelleborg Offshore, a leading provider of polymer and syntactic foam-based coating solutions for the offshore oil [...]
NYK and an affiliate of Thai Oil Public Co. Ltd. (Thai Oil) have agreed to terms on a long-term contract for the charter of the very large crude-oil carrier (VLCC) Tateyama (built: 2002; DWT: about 300,000 tonnes) to shuttle oil primarily from the Arabian Sea to Thailand. The contract, which is for at least three [...]
The oil removal operation from the sunken Baltic Ace will be performed by marine salvage and response company Svitzer, based in the Netherlands. Baltic Ace, a car carrier built in 2007 which sank on December 5th in the North Sea after collision with containership Corvus J, was carrying about 466 tonnes of heavy fuel [...]
P&O Maritime have been awarded a ten year contract for a new build condensate tanker to support the Stanley field development located in PRL4 in Papua New Guinea. The PRL4 licencees are Horizon Oil (Papua) Limited (Operator), Talisman Energy Niugini Limited and Diamond Gas Niugini B.V. P&O Maritime have worked closely with the Joint Venture [...]
Northern Offshore Ltd. announced Tuesday that the company has received early notification from Maersk Oil and Gas that the Energy Endeavour will be released at the end of the well in progress on May 1, 2013. The rig’s accommodation unit does not meet new Danish Energy Authority requirements and its replacement is not commercially viable [...]
A ceremony was held at the site of Astrakhan Shipbuilding Production Association due to the completion of fabrication of the fixed platform for Zhdanov oil field being under development in the shelf area of Turkmenistan in the Caspian Sea. Astrakhan Governor Alexander Zhilkin, representatives of the Client, executive and operating staff of the project took [...]
