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
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
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
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
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
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
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.
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
Wilson, Sons report increase in towage, offshore revenues during first quarter 2012 The Company recorded Net Revenues of USD 157.2M, in line with 1Q11 figures. There was, however, healthy increase in Towage (up 34,9%) and Offshore (up 12,5%), due to better pricing and an increase in the number of vessels in operation. Currently, the Company has 3 tugboats and 5 PSVs in different phases of construction at the Guaruja Shipyard
MacGregor, part of Cargotec, is to deliver a package of three cranes to a new offshore accommodation & construction vessel being built at Chantier Davie Canada, with delivery scheduled for the end of Spring 2015. The vessel is the first in a series of dynamically positioned offshore
Edison Chouest Offshore and Island Offshore are ordering two new OCV vessels through the company Island Ventures II LLC. One vessel will be built at Ulstein Verft, Norway, and the other in the United States. Constructing at Ulstein Verft
Specialist overwater drilling and marine construction contractor Fugro Seacore is building a pile top drill, the T120, for the offshore wind farm market to assist with monopole installations of up to eight meters diameter. Their current big drill has 90 metric tons of rotational torque; the new
As the need for Marine Spatial Planning (MSP) and its development continues to grow, The Nautical Institute has worked with the World Ocean Council to produce a guide aimed at helping maritime professionals to better understand MSP and take a more active role in representing shipping issues within
Navis Engineering Oy and Aker Arctic Technology Inc. have signed a scientific and technical cooperation agreement covering the joint development of technology for dynamic positioning (DP) systems for icebreakers and ice-class vessels. The agreement was signed in St
Ferguson Norge AS, part of the Ferguson Group, specialists in the rental of offshore containers, refrigeration/chiller modules, engineering modules and accommodation solutions to the offshore energy sector, has increased its fleet in Norway ahead of this year’s Offshore Technology Days (OTD)
Palfinger Dreggen and the Brazilian crane manufacturer Koch Metalúrgica have entered into joint venture Palfinger Koch for manufacturing offshore cranes in Brazil. Palfinger Dreggen has concluded an agreement with partner Koch Metalúrgica for entering into a joint venture
GDF SUEZ and EDP Renewables have been joined by French coastal region experts Neoen Marine to tender for a new offshore wind farm development, and at the same time to contribute to the development of offshore wind energy in France and the structuring of an industrial sector.
SSP Offshore Inc. introduce their new offshore drilling platform the SSP12000, which they say incorporates the exceptional motion characteristics of the existing SSP proprietary floating platform designs integrated with an industry leading drilling package targeted for the deepwater and
Douglas-Westwood (DW) has released the fifth edition of the World Offshore Wind Market publication where we forecast offshore wind installations averaging 3.2 GW per year over the next 10 years. Capital expenditure is expected to hit a peak of €18B in 2016
Development of offshore fields in the Arctic with the active use of the Northern Sea Route in Russia would require 512 new vessels by 2030, with a total cost of 6.5 trillion rubles, report Arctic-Info, citing an announcement by Russian President Vladimir Putin.
Wärtsilä received a significant order to supply the propulsion solutions for six new offshore pipe laying vessels being built by IHC Merwede. Three of the ships are to be built for Subsea 7, the seabed-to-surface engineering, construction
Huisman, a worldwide specialist in lifting, drilling and subsea solutions, has secured a new contract for the delivery of a 1,500mt @ 32m Leg Encircling Crane, reportedly the largest of its kind, for Seajacks new offshore wind farm installation vessel Scylla.
Fugro's new offshore survey coastal vessel, 'R.V. Fugro Helmert', is the latest in Fugro's fleet renewal programme. Built to Fugro's specifications for a highly manoeuvrable, versatile survey vessel, Fugro Helmert is intended to enable the group to better respond to the survey needs of offshore
The Board of Directors of DONG Energy has approved the interim financial report for the first half of 2013 with the following financial highlights and outlook compared with the first half of 2012: First-half 2013 EBITDA was DKK 7.8 billion against DKK 6