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.
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
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
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
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
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
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 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
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 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
The United States Government, led by the United States Coast Guard, the Department of Defense (USNORTHCOM and Alaska Command), and the Department of State, held Arctic Zephyr, an international Arctic Search and Rescue table-top exercise, at the University of Alaska Anchorage from October 19-22
A joint statement, officially establishing the Arctic Coast Guard Forum (ACGF), was signed today by leaders representing all eight coast guard agencies of the Arctic nations. The Arctic Coast Guard Forum (ACGF) is an operationally-focused
DESMI Ocean Guard A/S to supply ballast water treatment systems to a series of new container vessels to be built at COSCO Zhoushan shipyard in China, for Danish shipper Maersk Line. DESMI Ocean Guard announced that its RayClean ballast water treatment system (BWTS) has been selected for
The draft law on the development of the Arctic region will be discussed at a joint meeting of the Presidium of the Advisory Council on the Arctic and Antarctic in the Federation Council and the State Commission on the Development of the Arctic November 20.
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
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
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
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
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
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
The U.S. Interior Department on Friday said it would cancel two potential Arctic offshore lease sales after Royal Dutch Shell PLC said that it was not interested in those leases. "In light of Shell's announcement, the amount of acreage already under lease and current market
National Ocean Industries Association (NOIA) President Randall Luthi today issued the following statement regarding the Interior Department’s decision to cancel two offshore Alaska lease sales and deny requests to extend current Alaska offshore leases:
The Obama administration has taken steps to keep drill rigs out of Alaska's northern ocean for a decade or more. The sudden of turnabouts is attributed to slowing down of economy. The U.S. Department of Interior announced that it is canceling two lease sales and will not extend current leases for
Russia has built a giant military base in the far northern Arctic where 150 soldiers can live autonomously for up to 18 months, AFP quotes the Defence Ministry as saying. The building erected on the large island of Alexandra Land, which is part of the Franz Josef Land archipelago
The principal difficulty for Arctic offshore drilling right now, according to oil industry think tank, is economic. The companies may be back for another try at Arctic offshore drilling, in U.S. waters or elsewhere, if economic conditions change, reports AP.