According to an April 30 report from AOLNews.com, the White House said today it is halting all new offshore drilling in U.S. waters until there's an "adequate review" of a massive 600-mile-wide oil slick that has begun to drift into Louisiana's wetlands. British Petroleum pledged to reimburse people whose property is damaged by the spill. (Source: AOLNews.com)
Northrop Grumman Corporation's (NYSE:NOC) Sperry Marine business unit has been awarded contracts to supply bridge navigation systems for four new offshore supply vessels to be built in Brazil. The four multipurpose platform supply vessels, designed by Rolls-Royce, will be built at the Estaleiro Alianca shipyard near Rio de Janeiro for Companhia Brasileira de Offshore (CBO). They will be placed on long-term charter with Petrobras, the Brazilian state oil company
The European Wind Energy Association (EWEA) has published offshore wind energy statistics for the first half year of 2011, showing a comfortable 4.5% increase in installations of offshore capacity compared to the first half of 2010. 101 new offshore wind turbines, with a total capacity of 348 Megawatt (MW), were connected to the power grids in the UK, Germany and Norway during the first six months of 2011. In Europe, eleven offshore wind farms worth some 8
A research report estimates the value of the global mobile offshore drilling market to be US$ 48.1-billion in 2012 An excerpt from the report follows: Oil and gas production from offshore resources is of considerable importance for energy companies as existing base resources are being depleted at a rapid rate. New significant oil discoveries are becoming less common, with the majority of major finds being offshore
NOIA President Randall Luthi Comments on Pending Departure of Interior Secretary Ken Salazar. National Ocean Industries Association President Randall Luthi today issued the following statement on the upcoming departure of Interior Secretary Ken Salazar: “On behalf of the National Ocean Industries Association, I thank Secretary Salazar for his service and wish him the best on his return to Colorado
Siemens Wind Power has received offshore prototype certification from GL Renewables Certification (GL RC) for testing its new 6 megawatt offshore wind turbine at DONG Energy's Gunfleet Sands III demonstration project in the UK. This will be the first offshore test of this new offshore wind turbine. Morten Pilgaard Rasmussen, head of research and development at Siemens Wind Power received the Prototype Certificate from Axel Dombrowski
In the wake of announcements by the Federal Reserve about the need for more natural gas, Saipem Group, Single Buoy Moorings, Bluewater Offshore, Spectrum Energy Services, Hoegh LNG and Aker Kvaerner will discuss radically new concepts for receiving terminals at an industry meeting in Houston, June 19 and 20. "The LNG industry has typically required at least five years to put new supply chains into place. With local community opposition to onshore terminals running high
The BALPURE ballast water treatment system, which received Type Approval in July 2011, has been selected for use on two flattop oceangoing heavy deck cargo barges. The Type-Approved BALPURE ballast water treatment system from Severn Trent De Nora has been selected for use on two oceangoing heavy deck cargo barges being constructed for Norwegian-based Greenway Shipping by Dalian Shipyard, at its shipyard in Dalian, China
Nordic American Tankers Ltd. (NAT) inform that they have created a new offshore supply vessel company, Nordic American Offshore Ltd. that has completed a $250m private placement. Earlier this month the investor market was informed that NAT was coordinating the establishment of Nordic American Offshore Ltd. (NAO). NAO, an offshore supply ship company, has now been established and NAT is its largest shareholder (26%) with an investment of $65 mill.
Rolls-Royce informs it has won a contract worth approximately £13.5 million to deliver a unique package of advanced ship equipment for a new offshore construction vessel (OCV) currently being built in Turkey for the Norwegian ship owner Volstad Shipping AS. The vessel is 125 meters long and is designed with ice class for operations in Arctic waters. It is a ST-259 design by Skipsteknisk and is due to be delivered from the Tersan Shipyard, Turkey, in the second half of 2015.
Oceanteam Shipping ASA announce that it has founded together with Grupo Diavaz a new shipping company named 'DOT Shipping'. Oceanteam inform that DOT Shipping will focus on providing high-end vessel solutions for the Mexican market. Details of the transaction remain confidential and further
Maersk Drilling informs it has taken delivery of its first ultra harsh environment jack-up, 'Maersk Intrepid', from the Keppel FELS shipyard in Singapore, and on time. The new offshore jack-up rig will start its mobilisation to the Norwegian North Sea in approximately two weeks
Brazilian state-run oil company Petroleo Brasileiro SA suffered another setback in its effort to boost oil output last month when Italian contractor Saipem SpA dropped a 2.3 km steel pipe into the Atlantic Ocean. On March 16, the rigging used to wrangle the pipe into position on a floating oil
Drydocks World, an international service provider to the maritime, oil and gas and energy sectors, announced it has signed an Agreement with Malta Oil & Gas Ltd. for building two unique new jack-up drilling rigs based on Gusto MSC CJ54-X135-A design
Siem Offshore Inc. say they have signed agreements with Helix Energy Solutions Group, Inc. to provide 2 well-intervention vessels which will be owned by Siem Offshore and chartered by Helix for an initial period of 7 years, with options that can extend the charter periods up to 22 years.
Eastern Shipbuilding Group, Inc. of Panama City, Fla. announced it has been selected as one of the three finalists to design the United States Coast Guard’s new Offshore Patrol Cutters (OPC). In accordance with the terms of the $22 million dollar Phase I finalist award cap
As expected, 2013 did not bring significant changes to the evolution of the world economy and consequently the rate of growth of world trade. With regard to the maritime freight market, the same situation of imbalance between supply and demand continued with a consequent reflection in value of
By Jeb Blount, Reuters Brazil's state-run oil company Petrobras moved to check years of missed targets, soaring costs and rising debt by scaling back near-term investments and setting a limit on long-term growth. Petroleo Brasileiro SA, as Petrobras is formally known
Singapore-based Otto Marine inform it has named the 'Norshore Atlantic' – which it considers to be the first vessel of its kind to be constructed in Asia – at its Batam Shipyard in Indonesia. The new offshore service vessel has been built to the MT6022XL Norwegian design
Maersk Training announced the launch of two new offshore emergency courses: the OPITO Helideck Emergency Response Team Member Training and the OPITO 6 Day Combined Helideck and Team Member Training. These two OPITO Accredited courses will kick start this month at the company’s training
Building on the fruitful past decade of U.K.-Singapore cooperation in scientific research and development, A*STAR’s Institute of High Performance Computing (IHPC) and the Southampton Marine and Maritime Institute (SMMI) officially launched a joint laboratory in Maritime and Offshore
McDermott International, Inc. informs that one of its subsidiaries has been awarded a large engineering, procurement, construction and installation (“EPCI”) project by an operator in the Arabian Gulf. The award is included in McDermott’s fourth quarter 2013 backlog
The Ministry of Defence (MOD) has signed a £20 million contract to buy equipment for the Royal Navy's 3 new offshore patrol vessels (OPVs). The contract will enable BAE Systems to begin work on the engines & gearboxes, etc. that need to be ordered in advance.
The official christening of the World Sapphire marks the completion of a six-ship order whereby Damen Shipyards has delivered six Platform Supply Vessels (PSVs) to Norwegian company World Wide Supply (WWS) AS in just six months. The Damen PSV 3300 features a radical design rethink
Jack-Up Barge, the offshore self-elevating platform supplier, has pioneered a new cost-effective installation method that the company said will revolutionize offshore wind turbine construction. The Netherlands-based based company, a supplier to the offshore energy markets