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
US President Barack Obama has permanently banned offshore oil and gas drilling in the "vast majority" of US-owned northern waters. Vowing that his successor won’t be able to reverse his actions, President Obama on Tuesday used executive authority to permanently ban
A report from the Washington Post described how high Arctic temperatures had risen by about 36 degrees Fahrenheit last month, coinciding with record-low sea ice levels. Scientists have just discovered something int he Arctic that could totally change how they see the drastically
Responding to the December 20th joint statement from the United States and Canada, regarding development of a strategy to phase out their use of heavy fuel oil (HFO) from vessels operating in the Arctic, the Clean Arctic Alliance praised both Arctic nations for their ambitious action to rid the
In September, 2016, an U.S. shipyard and the Canadian design business of an Italian-owned Norwegian shipyard won the largest vessel procurement contract in U.S. Coast Guard history. Now, Eastern Shipbuilding will build nine — and possibly many more — Vard Marine designs in its Panama
Tuco Marine’s Arctic Workboat Daughter Craft is Marine News' October 2016 Boat of the Month. Danish producer Tuco Marine has introduced an all new Arctic Workboat Daughter Craft. Developed in response to international requests and specifications
Industry analyst and environmental consultant Dagmar Schmidt Etkin, PhD, takes a hard look at a rapidly shifting operational landscape in the Arctic. Always an honest broker of information, Etkin tells it like it is. Oil spill risk is present anywhere that oil is present in
The safety and environmental impact of arctic shipping was on the agenda as International Maritime Organization (IMO) Secretary-General Kitack Lim received a delegation of arctic indigenous leaders at IMO Headquarters, London (25 October).
The International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC70) meeting brought progress by member countries toward a phase out of the use of heavy fuel oil (HFO) by vessels operating in the Arctic.
Responding to reports that the Association of Arctic Expedition Cruise Operators (AECO) had reconfirmed its support of a ban on heavy fuel oil (HFO) from Arctic shipping during its annual general meeting, Clean Arctic Alliance advisor Dr Sian Prior said:
On 23 November 2016, Sovcomflot and Sberbank signed a memorandum of understanding (MOU) paving the way for a new USD 180 million long-term credit agreement with a term of up to 15 years. On behalf of the parties the MOU was signed by Sergey Frank, Chairman and CEO of Sovcomflot, and Herman Gref
To further explore opportunities and strengthen its footprint in Russia, Viking Supply Ships (VSS) has entered into a strategic cooperation with Sevnor Ltd, a shipping and offshore company with extensive presence in the Russian offshore market.
U.S. President Barack Obama on Tuesday banned new oil and gas drilling in federal waters in the Atlantic and Arctic Oceans, in a push to leave his stamp on the environment before Republican Donald Trump takes office next month. Obama used a 1950s-era law called the Outer Continental Shelf
The Obama Administration announced that it will ban offshore oil and gas development throughout much of the U.S. Arctic. Under the authority of a provision in a 1953 law, the decision designates "the bulk of the Arctic” indefinitely off limits.
National Ocean Industries Association (NOIA) President Randall Luthi issued the following statement on the withdrawal of portions of the Atlantic and Arctic Oceans from future oil and natural gas leasing: “President Obama’s short sighted
U.S. lawmakers on Wednesday slammed an agreement made with Canada to ban offshore Arctic drilling, saying Ottawa's plan to review its ban every five years gives Canada a leg up on energy exploration. U.S. President Barack Obama on Tuesday announced a ban on new oil and gas drilling