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Husky Energy

Husky Energy Awards $250 M Contract For White Rose

Husky Energy Inc. has awarded a $250 million contract for the subsea production system for the White Rose oil field project, located 217 miles off the east coast of Newfoundland and Labrador. The contract covers the design, supply and installation of the subsea system for the White Rose project. Husky plans to use a floating production, storage and offloading (FPSO) vessel to develop the offshore field. The subsea production system includes a total of 42 kilometres of flexible risers, flowlines and umbilicals, five subsea manifolds, up to 21 Christmas trees and wellheads distributed across three Glory Hole sites. Glory Holes are depressions in the ocean floor excavated to provide protection for the subsea production equipment. The contract has been awarded to Technip CSO Canada Ltd., which is a Newfoundland-based affiliate of Paris-based Technip-Coflexip. The contract also contains an option for Technip CSO Canada to carry out the installation of the mooring system for the White Rose FPSO. "The White Rose project will benefit Newfoundland and Labrador, and the offshore oil industry," said Mr. John C.S. Lau, President and Chief Executive Officer of Husky Energy. "This contract is a key part of the total White Rose project development."


Husky Announces Contracts for White Rose Offshore Project

Husky Energy Inc. (Husky) announced that time charter contracts have been awarded to Knutsen OAS Shipping A.S. for two newbuild shuttle tankers to transport oil from the White Rose offshore project to market following commencement of production planned for late 2005. Husky is the operator of the White Rose project, the third major oil field development in the Jeanne d'Arc Basin located about 217 miles east of Newfoundland and Labrador


Canada Revisits Offshore O&G Exploration

Led by Husky Energy Inc., a handful of companies won development rights on four offshore parcels by committing to spend a total of $186-million to explore them, the Canada- Newfoundland and Labrador Offshore Petroleum Board said yesterday. The successful rights sale has fuelled further optimism in the province's oil and gas industry, which recently celebrated a $7-billion deal to develop the oil field and is expecting 's partners to reach agreement to proceed with the next phase of that


Husky Plans $600m Expansion at White Rose

According to reports, Calgary-based Husky Energy is planning a $600-million expansion of the White Rose oil field on the Grand Banks. The company is proposing to develop up to 25 million barrels of oil by late 2009 using what's known as a subsea tieback to the field's existing production infrastructure. The additional oil was found several years ago during exploration drilling in the southern part of the White Rose field. It was declared a significant discovery in 2004.


Offshore:Rolls-Royce to Supply Power for FPSO

Rolls-Royce has won an equipment order in the oil and gas sector to deliver three RB211 turbogensets for the electric power needed on an FPSO to be located in the North Atlantic. This purpose-built vessel has been designed to withstand the severe climate conditions of the White Rose oilfield, 350 km off the coast of Newfoundland. Here, the combination of deep-water environment, powerful ocean currents, wave heights of up to 28


Kvaerner Wins EPC Contract for Hebron GBS Project

Photo: Kvaerner

ExxonMobil Canada Properties has released the option for Kvaerner's joint venture company Kiewit-Kvaerner Contractors to provide the full scope of engineering, procurement and construction (EPC) services for the Hebron Project gravity based structure (GBS). The contract value for Kvaerner's share of the full EPC contract is approximately $1.5 billion and includes work conducted to date on the Hebron project.  


Athens Group Third Year of Growth

Athens Group announced a 64% increase in year-over-year revenue for 2009 as well as a 225% increase in booked business for 2010. Athens Group is experiencing a growing demand for its Drilling Technology Assurance (DTA) Services on newbuilds and existing fleets as drilling contractors and operators become increasingly aware of the need for control systems and software engineering expertise on today’s high-specification assets


Stealthgas Inc Report Improving Q1 2012 Results

Greece's Stealthgas, shipowners primarily serving the liquefied petroleum gas (LPG) sector, announce its unaudited financial and operating results for the first quarter ended March 31, 2012 CEO Harry Vafias commented on the detail of the report as follows: I am very pleased with the results we announced today. Our financial performance continues to improve as a result of a strengthening LPG market. The Company's bottom line bears evidence to the solid environment we operate in and to our


$310 Billion 'Energy Efficiency' Market Grows Rapidly

iea logo.png

IEA report sees energy efficiency finance becoming established market segment in its own right ... $310B & Growing Rapidly   The global energy efficiency market is worth at least $310 billion a year and growing, according to a new report from the International Energy Agency that confirms the position of energy efficiency as the world’s “first fuel”. The report also finds that energy efficiency finance is becoming an established market segment


KEMA Collaborates on Offshore Energy Storage System

KEMA, in partnership with civil engineering firm Bureau Lievense and technology illustrators Rudolph and Robert Das, has developed an “Energy Island” concept to store power generated from an offshore wind farm. The innovative concept design is the initial result of an on-going feasibility study being conducted for Dutch energy companies. The Energy Island designed by KEMA, Lievense and the Das brothers incorporates a new concept in pumped hydro storage – an inverse offshore pump


Drydocks World World’s Largest Turret

Turret Completion WEB.jpg

Drydocks World marked a milestone in completing the world’s largest turret mooring system. At almost 100 meters high, weighing over 11,000 tons and with a diameter of 26 meters, the turret is designed to ensure the Prelude floating liquefied natural gas (FLNG) facility can operate safely in


MPA Rewarded for Green Practices

Maritime and Port Authority of Singapore. Courtesy: National Archives of Singapore

 The Maritime and Port Authority (MPA) clinched top honours at this year's Singapore Environmental Achievement Awards.   MPA has won two of the three titles given to the sector, including the overall Outstanding Singapore Environmental Achievement Award


Powering the First Electric Commercial Fishing Boat

Photo: Corvus Energy

The world’s first electric commercial fishing vessel will be powered by a Corvus lithium polymer Energy Storage System (ESS) integrated with a Siemens propulsion system   Corvus Energy announced a Corvus ESS with a Siemens BlueDrive PlusC marine propulsion system will power the Selfa


NNPC Ends Offshore Processing Agreements

Nigeria's state oil company has cancelled its contract for the delivery of crude to the country's refineries in Warri, Port Harcourt and Kaduna, it said on Wednesday.   Oil sales account for about 70 percent of government revenue in Nigeria, Africa's top crude producer


CWind Awarded O&M Crew Transfer Contract

Photo: Crown Estate

CWind, a provider of integrated services to the wind industry, announced it has won a three-year contract to supply crew transfer services during the operations and maintenance (O&M) phase at Gunfleet Sands offshore wind farm (OWF) off the coast of Essex.


Renewable Energy Battery Solutions Ready for Ships

FC38-12 Battery (Photo: EMP)

A range of marine battery solutions has received approval for use on-board ships or marine related applications such as offshore platforms and renewable energy projects.   Now available from Eco Marine Power (EMP), a developer of renewable energy solutions for ships


Webb Institute Hires New Assistant Professor

Michael T. Martin (Photo: Webb Institute)

Webb Institute announced Michael T. Martin, PE as its new Assistant Professor of Electrical Engineering. Prof. Martin has over 23 years of experience as a marine electrical engineer with a broad background in electrical systems including, electrical propulsion, power generation, power distribution


Sonangol to Buy Cobalt's Stake in 2 Offshore Blocks

Photo: Cobalt International Energy

Angolan state oil company Sonangol said it would buy oil and gas producer Cobalt International Energy Inc's 40 percent stake in two oil blocks offshore Angola for $1.75 billion.   Cobalt operates three blocks covering 3.4 million acres off the Angolan coast.    


Thordon's Compac Ordered for 2 EcoCoasters

An artist’s impression of the VG EcoCoaster  design (Photo: Thordon Bearings)

Thordon Bearings’ Swedish distributor, Duwel Sweden, has signed a contract with Caterpillar Propulsion for the supply and installation of Thordon COMPAC seawater lubricated propeller shaft bearing systems to the two general cargo ships Dutch shipyard Royal Bodewes is building for


MISC Divests Oil Storage Venture with Vitol

Yee Yang Chien, President CEO of MISC

  MISC Berhad informed that its wholly-owned subsidiary MTTI Sdn. Bhd.have entered into an agreement with VIP Terminals Finance B.V. to dispose 50 percent of the issued share capital of VTTI B.V. for a cash consideration of $830 million, subject to completion of the conditions precedent


US Drillers Add Rigs for 5th Week in a Row

U.S. energy firms added two oil rigs this week, the fifth week of increases in a row, after U.S. crude prices have fallen about a third from recent highs, data showed on Friday, a sign drillers remain undeterred by low prices.   Reflecting plans announced in May and June, when U.S


MISC to Divest 50% Shareholding in VTTI

MISC Berhad and its wholly-owned subsidiary MTTI Sdn. Bhd. have today entered into an agreement with VIP Terminals Finance B.V. to dispose 50 percent of the issued share capital of VTTI B.V., for a cash consideration of $830 million, subject to completion of the conditions precedent


DONG Becomes Lead Developer of UK's Offshore Wind Hornsea Zone

Photo: DONG Energy

Denmark's DONG Energy has become the lead developer of Britain's Hornsea Zone offshore wind scheme after it bought the project rights to the second and third phases of the development Mainstream Renewable Power and Siemens Financial Services.


Northern Finland Leads in Wind Energy Usage

Wind Energy in Finland

  Wind power in the northern regions of Finland is developing most rapidly than other parts of the c Scandinavia and the Kola Peninsula. According to data collected on a statistical portal Patchwork Barents, regions of Ostrobothnia and Lapland are the undisputed leaders in the production


Parliamentary Under Secretary Beckmeyer Visits Rolls-Royce

Photo courtesy of Rolls-Royce

Uwe Beckmeyer, Parliamentary Under Secretary of the Federal Minister for Economic Affairs and Energy, visited Rolls-Royce Power Systems AG in Friedrichshafen. Dr. Ulrich Dohle, company CEO who also chairs the MTU Friedrichshafen subsidiary, explained the low-emission diesel engines of the future






 
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