Rig firm Fred. Olsen Energy and South Korean yard Hyundai Heavy Industries settle dispute over construction of semi-submersible rig Bollsta Dolphin. Shares in Fred. Olsen Energy up 17 percent at 0736 GMT on the news, after rising 37 percent at the opening of the Oslo bourse. Ownership of platform will be retained by Hyundai and arbitration proceedings associated with disputes have been terminated by consent. Fred. Olsen Energy's subsidiary firm Bollsta Dolphin will receive about $176.4 million from Hyundai of first installment paid by Bollsta. Reporting by Gwladys Fouche
As a division of Brown & Root Energy International, Services (BRES), SubSea International, Inc. has been awarded a contract to provide remotely operated vehicle (ROV) services to support Burlington Resources, Inc.'s drilling program in the Gulf of Mexico. Brown & Root Energy Services is a business unit of Halliburton Company. Operating from onboard semi-submersible Borgny Dolphin, SubSea International's ROV systems. include a custom-built heavy launch and recovery system
The 63,800 dwt bulk carrier 'Amber Champion' has been completed and named at the Chengxi Shipyard Co. A spokesperson for the shipbuilder addressed guests at the ceremony, and the following is drawn from that speech. The Dolphin 64 bulk carrier is an energy-efficient, environmental-friendly, and economic Supermax vessel. Not only does it have an index of each function much higher than the required baseline standards, but it also shows unparalleled economy over vessels of similar types.
Rig to cost $195 mln to upgrade vs earlier $125 mln; upgrade to be completed in June vs earlier view April. Firm's down 5.6 percent. Norwegian rig firm Fred. Olsen Energy said on Tuesday that an upgrade on one of its most important rigs would be more expensive and would take longer than earlier thought, sending its shares sharply lower. The Blackford Dolphin rig would cost $195 million to undergo "additional structural upgrades", which would be completed in June
ESS Support Services Worldwide, part of Compass Group, has won a new, three-year contract, worth £10.5 million, to provide hotel and catering services to Dolphin Drilling Ltd. Aberdeen-based ESS has worked with Dolphin Drilling since 2007, delivering food and housekeeping services on board the Belford Dolphin. This second contract, which commenced on June 1, 2014, will see the ESS team provide catering and hotel services to 180 people across seven levels of accommodation on board
A record dolphin die-off in the northern Gulf of Mexico was caused by the largest oil spill in U.S. history, researchers said on Wednesday, citing a new study that found many of the dolphins died with rare lesions linked to petroleum exposure. Scientists said the study of dead dolphins tissue rounded out the research into a spike of dolphin deaths in the region affected by BP Plc's oil spill that was caused by the 2010 Deepwater Horizon oil rig explosion.
BAM International and its South African joint-venture partner Stefanutti Stocks have been awarded the contract for the engineering, procurement and construction (EPC) of a petroleum jetty at the Kissy Oil Terminal of Freetown in Sierra Leone. It will take the joint venture approximately one year to design and complete the project for PetroJetty Ltd. The new petroleum jetty comprises a 240 metres steel trestle on steel piles, including a concrete offloading platform of 12 x 25 metres
Cruise ship passengers and tourists stopping in Gibraltar now have the opportunity to view the region’s dolphins and marine life from the comfort of a new Blyth Workcat. The 14-meter GRP-hulled boat has been acquired by Dive Charters Ltd. who own and operate Dolphin Adventure one of Europe’s largest dolphin watching organizations. The new Dolphin Adverturer II which can carry up to 70 passengers, has joined her sister ship Dolphin Adventurer which is a 50 seat 12-meter Blyth
Minoan Lines subsidiary Minoan Flying Dolphins added to a recent flurry of vessel acquisition with the purchase of 10 more ferries for an undisclosed amount, bringing its total fleet to 63 vessels. The ferries purchased are: Poseidon Express II, Pegasus, Milos Express, Papadiamantis, Poseidon Hellas, Aeas, Apostolos, Hellas, Aphaea and Aegina. Minoan Flying Dolphins' fleet includes 34 new technology ships, 25 of conventional technology, and four RoRo ships.
Two Norwegian oilfields were shut Wednesday amid fears that a stricken exploration rig might start dragging its anchors in high seas and threaten to crash into them. The North Sea Snorre and Vigdis fields, with a combined output of 260,000 bpd, closed after three of the rig's eight anchors broke free of the seabed in a storm which produced 55 ft. waves. About two-thirds of the rig workers were evacuated via helicopter, and no injuries were reported
The Directorate General of Lighthouse & Lightships (DGLL), a subordinate organization under the Ministry of Shipping, Govt. of India is presently maintaining 193 Lighthouses which provide aids to marine navigation to the mariners transiting in coastal waters of India.
NuBlu Energy Begins Construction of LNG Plant in Port Allen, LA Facility to supply LNG and all support services to customers in the Southern/Gulf region NuBlu Energy has begun the construction of a natural gas liquefaction plant in Port Allen, LA
Through a presidential proclamation, October has been designated as Energy Action Month to stress the importance of energy for our nation's economic vitality today and for a sustainable future. The Department of Navy's Energy Action Month theme for 2016 is "Power. Presence
A U.S. Coast Guard aircrew medevaced a 34-year-old man from a 600-foot bulk carrier 10 miles offshore in the Brownsville Anchorage, off South Padre Island, Texas on Monday morning. At approximately 9 p.m. Sunday, the vessel shipping agent contacted Sector Corpus Christi watchstanders and
Plan B Energy Storage (PBES) said it has secured the energy storage supply contract for the two largest battery-powered ferries in the world. Each of the two Scandlines Helsingborg-Helsingör ferries will have 4.16 MWh batteries to provide power for primary propulsion.
ExxonMobil and Pavilion Energy Pte Ltd are collaborating to develop solutions for liquefied natural gas (LNG) bunkering and other downstream developments in Singapore. With LNG growing in significance as part of the marine fuel mix, ExxonMobil is working toward providing vessel operators with
India’s largest container port, Jawaharlal Nehru Port Trust (JNPT) will now harness solar energy and reduce its dependency on conventional electricity from the grid. JNPT is installing solar power plant on several rooftops in its township and commercial premises.
Corvus Energy Inc. has announced that Wärtsilä, provider of ship machinery, propulsion and maneuvering solutions, has selected Corvus Energy as the supplier of the lithium ion based energy storage system (ESS) for a new hybrid ferry being built for UK based Wightlink Ferries
International Maritime Organization (IMO) is continuing its work to support developing countries to prevent air pollution and greenhouse gas emissions from ships with a global training exercise held in Batumi, Georgia (12-14 September).
While the plummet in energy spending should come as little surprise to anyone knowing anything about global maritime and energy markets, the International Energy Agency helped to put the precipitous drop in perspective, reporting that the global energy spend was down 8% in 2015.
A new collaborative strategic plan has been published today which aims to continue accelerating the development of offshore wind energy in the United States. Announced by U.S. Secretary of Energy Ernest Moniz and U.S. Secretary of the Interior Sally Jewell, the plan
Corvus Energy Inc. said it has been awarded funding from the National Research Council of Canada's Industrial Research Assistance Program for the development and expansion of the company's next generation Orca energy storage system (ESS) product line.
Wärtsilä has set out its visions for the future of the shipping industry. The work on future visions has been prompted by the inevitable effect that growing global energy demand and increasingly stringent environmental legislation to combat climate change will have on the shipping sector
Safe navigation is a priority operating principle for the UK’s largest energy Port, the Port of Milford Haven. And earlier this week the Port demonstrated that commitment with the unveiling of its new, state of the art marine navigation simulator.
New joint co-operation between Gasum and Wärtsilä aims to develop the utilization and distribution of natural energy gases in marine and land markets. Gasum, the Nordic leader in natural gases and Wärtsilä, a global leader in advanced technologies and complete lifecycle