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Arctic Offshore

Aker Arctic Acquires Canada’s Akac

Photo: Aker Arctic

Aker Arctic Technology Inc has acquired full ownership of Canadian based company Akac Inc, which is known in the oil and gas industry for its involvement in the Arctic offshore projects and operations.   According to Aker Arctic Technology, the acquisition strengthens its position in the field of Arctic offshore work. Akac provides tailored solutions and consultancy to enhance the operability, efficiency and safety of offshore operations in ice conditions.   The ownership change is effective as of June 1, 2015. Akac will continue operations in both its Canadian locations, under the management of newly nominated company president Evan Martin. Akac’s previous owner and founder, Dr. Arno Keinonen, will remain in the company as a senior advisor.   The new structure will allow both companies to provide more comprehensive solutions that incorporate the icebreaker design expertise of Aker Arctic with the operational experience of Akac. Aker Arctic’s existing design and model testing services will be enhanced by incorporating Akac’s practical approach and unique operational expertise in the offshore industry in ice covered waters. Technologies developed by Aker Arctic, such as the vessel simulator for ice environments, will allow Akac to better meet the needs of its clients by expanding the range of operational planning, operator training, and risk based ice management services provided.  

Bridge Systems Ordered for Canadian Navy Newbuids

Artist rendering of the definition design for Arctic/Offshore Patrol Ships

OSI Maritime Systems signs contract for the implementation phase of Integrated Navigation and Bridge Systems for the Royal Canadian Navy’s Arctic Offshore Patrol Ship Program   OSI Maritime Systems Ltd.  (OSI) has signed a contract with Lockheed Martin Canada to build, deliver and support the installation of the Integrated Navigation and Bridge Systems (INBS) for the Royal Canadian Navy’s (RCN) new class of Arctic Offshore Patrol Ships (AOPS) to be built at the Halifax

Canada Announces Arctic Offshore Drilling Rules

The National Energy Board (NEB or the Board) released filing requirements today for future applications to drill in the Canadian Arctic Offshore. The Filing Requirements, a companion document to The Past is Always Present, Review of Offshore Drilling in the Canadian Arctic, Preparing for the Future, follows several months of extensive consultation carried out across the North during the NEB’s Arctic Review. During the Arctic Review

Arctic Offshore Patrol Ship Contract for Irving Shipbuilding

Canadian Government signs $9.3-million preliminary contract for Irving to create strategy for AOPS shipbuilding project The Honourable Peter MacKay, Minister of National Defence, on behalf of the Honourable Rona Ambrose, Minister of Public Works and Government Services and Minister for Status of Women, welcomed the signing of a preliminary contract with Irving Shipbuilding Inc. as part of the Arctic Offshore Patrol Ships (AOPS) project being implemented under the National Shipbuilding

GSP Offshore Dips a Toe in Barents Sea

GSP Jupiter: Photo credit GSP Offshore

Romania's Grup Servicii Petroliere (GSP) to start drilling in June, admitting it has no experience of drilling operations in the Arctic. Operations are scheduled to start at the beginning of June and will be carried out in Dolginskoye oil field, located in the Pechora Sea, in the south eastern part of the Barents Sea, the continental shelf of the Russian Federation. MODU GSP Jupiter will perform the drilling, logging, completion and testing of North-Dolginskaya № 3 well

Collaboration Sought for Arctic Emergency Strategies

Photos courtesy of DNV GL

As offshore field developments in the North and Norwegian Seas face maturity, operators on the Norwegian Continental Shelf (NCS) are looking to the more remote areas of the Barents Sea for further development. Here harsher environmental conditions, prolonged periods of darkness and long distances to shore make evacuation and rescue of personnel on Arctic offshore installations more challenging.   A new DNV GL report examines the feasibility of emergency preparedness solutions and calls

Oil Majors Expand Far North Exploration Projects

Rosneft and ExxonMobil agree to collaborate in the search for offshore energy in the Russian Arctic & Far East,  and Alaska. The two companies have agreed to expand their cooperation under their 2011 Strategic Cooperation Agreement to include an additional approximately 600,000 square kilometers (150 million acres) of exploration acreage in the Russian Arctic and potential participation by Rosneft (or its affiliate) in the Point Thomson project in Alaska

Lockheed Martin Seeking Atlantic Canada Companies for Shipbuilding Projects

Lockheed Martin Canada, a major supplier of systems, software and professional services to the Royal Canadian Navy, will be in Saint John, Halifax and St. John’s this week to meet with companies that could become partners and suppliers on shipbuilding projects, including the Arctic Offshore Patrol Ships and other future programs.  In each location, Lockheed Martin officials will provide a briefing on how companies can prepare and position themselves for shipbuilding work through

Sovcomflot Orders 3 Icebreaking Vessels from Arctech

Three Icebreaking Stand-by vessels for Sovcomflot

  Arctech Helsinki Shipyard signed a contract for building of three icebreaking stand-by vessels for Russia´s largest shipping company Sovcomflot. Vessels will be built for the North East Sakhalin Offshore region oil and gas field where they will serve the operator of Sakhalin-2, Sakhalin Energy Investment Company Ltd. (SEIC). The contract was made in May 2014 and the total value of the order is about USD 380 million.

Arctech Helsinki Shipyard to Russian Ownership

Photo: Arctech Helsinki Shipyard

Arctech Helsinki Shipyard is now 100 percent Russian-owned as United Shipbuilding Corporation bought the remaining half of the company’s shares from STX Finland Oy.   Arctech Helsinki Shipyard Inc. was founded in December 2010 as United Shipbuilding Corporation bought the first 50 percent of the shipyard shares from STX Finland, a subsidiary of the Korean-owned STX Europe. The joint venture was established to respond to the need of growing market of Arctic shipbuilding and to

Shell Withdraws from Arctic Exploration

Fennica, an icebreaker vessel deployed by Shell in the Arctic (Photo: Arctia Shipping)

Royal Dutch Shell has abandoned its Arctic search for oil after failing to find enough crude in a move that will appease environmental campaigners and shareholders who said its project was too expensive and risky. Shell has spent about $7 billion on exploration in the waters off Alaska so far and

NOIA Commends Shell’s Efforts Offshore Alaska

Polar Pioneer rig operating into the floor of the Chukchi Sea

  National Ocean Industries Association (NOIA) President Randall Luthi today issued the following statement regarding Shell’s decision to halt exploration activities offshore Alaska:   “NOIA commends Shell’s efforts in the Chukchi Sea and recognizes the great expense

House Bill Introduced to Block Arctic Drilling

Jared Huffman (Official photo)

Rep. Huffman introduces Stop Arctic Ocean Drilling Act; bill would prohibit oil and gas leasing in the Arctic Ocean   U.S. Congressman Jared Huffman (Dem.-Calif.) introduced a bill Monday called the Stop Arctic Ocean Drilling Act of 2015

Italy's Eni Arrives Arctic as Shell Departs

Eni in the Arctic. Image credit: ENI

 As Shell retreats from the Arctic, the Italian oil giant Eni is making final preparations for its own oil exploration venture in the Norwegian Arctic, reports the Guardian.   Eni has vowed to press ahead with oil production - a $5.5bn (£3.6bn) project - in the Norwegian Arctic

NOIA Praises US Approval for Shell Arctic Drilling

Randall Luthi (Photo: NOIA)

National Ocean Industries Association (NOIA) President Randall Luthi today issued a statement offering his praise of Royal Dutch Shell’s revised Application to Drill in the Chukchi Sea.   The Interior Department granted Shell final approval to drill into the oil zone in the Chukchi

Is Russia Militarizing The Arctic ?

Image: Russian Military

 US Army's Foreign Military Studies Office (FMSO) said in its August 2015 report that Moscow is  building up its military presence and moving highly advanced and specially modified air defense systems in the resource-rich Arctic region.   

Naval Guns Chosen For Canadian Arctic Patrol Ships

BAE Systems will produce up to six modified 25mm Mk 38 Machine Gun Systems for the Royal Canadian Navy’s Artic patrol ships. (Photo: BAE Systems)

Irving Shipbuilding of Canada has awarded BAE Systems a contract to deliver up to six modified 25mm Mk 38 Machine Gun Systems for the Royal Canadian Navy’s Arctic Offshore Patrol Ship (AOPS) program. The award also covers spare parts, technical support, and long-term field support services

Russia Launches Arctic Drill

Image: Russia Military

 Russia launched military exercises in the Arctic. According to press service of Russia’s Defence Ministry, the interservice exercise of the Northern Fleet forces started in the Arctic at the Taimyr Peninsula.   According to the Northern Fleet Commander Admiral Vladimir Korolev

Obama Defends Arctic Oil Drilling

Image: Shell Global

 United States' President Barack Obama defends his decision to allow Royal Dutch Shell to drill for oil in the Arctic Ocean.   He insisted that there was no contradiction between his climate change agenda and Arctic drilling.  

AFBO to Provide Security in Arctic Waters

Eight countries of the Arctic Council (AC), form the Arctic Coast Guard Forum (AFBO)

  State of the Arctic Council to establish a new mechanism to strengthen operational cooperation and coordination of activities at sea. This is dictated by the need to provide security in the Arctic waters. The eight countries of the Arctic Council (AC)

Irving Begins Building Canada's First Arctic Offshore Patrol Ship

Kevin McCoy, President of Irving Shipbuilding and hundreds of employees at the Halifax Shipyard mark the start of production of the first Arctic Offshore Patrol Ship today (CNW Group/J.D. Irving, Limited)

Hundreds of employees gathered in Irving Shipbuilding’s new Assembly Hall at the Halifax Shipyard to celebrate the start of production of Canada’s first Arctic Offshore Patrol ship (AOPS). “Today is a milestone we have all been anticipating

Canada Arctic Drilling Rules May Stifle Development

Canada's offshore Arctic drilling rules could "stifle" development since they do not provide incentives for companies to proceed with production after discovering oil, the government was told in a newly-released internal briefing note.  

Sanctioned Shipyard Hopes for Icebreaker Deals

On a sunny day on the Helsinki seafront, sparks fly from steel welding at the bustling Arctech shipyard, which seems insulated from Finland's economic recession as it strives to meet an order book that stretches into 2017. The world's biggest manufacturer of icebreakers

Aframax Tanker Designed for Arctic Shipping

Aframax tanker in-ice- Aker Arctic

A modern Aframax-sized tanker concept designed for transporting crude oil and oil product in the Arctic has been developed via collaboration between Deltamarin Ltd. and Aker Arctic Technology Inc.  In creating the new tanker concept, Deltamarin said it drew upon its expertise in affordable

Danish Meet Looks at Arctic Shipping Issues

Picture: Danish Maritime Days

 One of the most significant global issues over the past 10 years is the vast changes in the Arctic region.    The world has again turned its attention to the Arctic, this time mainly because of the climate effects in the Arctic, the economic potential of the region

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