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 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
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
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.
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.
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
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
Ports America is continuing its business growth strategy to increase its West Coast presence through additional investments, services and expansion of its terminal capacity. The latest transaction includes a significant expansion and 20-year lease extension of the Husky Terminal in Tacoma, Wash. International Transportation Service, Inc. (ITS), a joint venture between Ports America and "K" Line
The 685-foot Liberian-flagged containership Westwood Robson is being held in port after significant safety violations were discovered by Port State Control officers from U.S. Coast Guard Sector Puget Sound during an inspection at the Husky Terminal in the Port of Tacoma, Thursday. The inspection revealed excessive oil in the bilge holding area, oil-soaked lagging present throughout machinery spaces and clogged oil drains, creating a significant risk of fire, the Coast Guard said
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
On June 27, the expanded Panama Canal opened for commercial transit, and Lycaste Peace, a very large liquefied petroleum gas (LPG) carrier operated by NYK, was the first vessel to complete a commercial passage through the new locks.
Huntington Ingalls Industries (HII) announced that its Newport News Industrial subsidiary will undergo a 52,000-square-foot expansion at its headquarters facility in Newport News. The facility, located at 182 Enterprise Drive, will be expanded to house production areas
Royal Caribbean christened their third Quantum class cruise ship, Ovation of the Seas, to huge fanfare in a ceremony in Tianjin, China. The event marked the first time a Royal Caribbean ship has been named in China, and actress Fan Bingbing became the company’s first ever
Grovfjord Mek. Verksted AS (GMV) has selected Corvus Energy as the supplier of the lithium ion based energy storage system (ESS) for a fish farm support vessel called GMV ZERO. GMV will utilize Corvus’ next generation Orca Energy ESS to support the vessel’s entire energy requirements
Australian mining giant BHP Billiton pulled a $500 million debt refinancing plan at one of Australia's biggest coal export terminals after banks were reluctant to lend to the sector, said three sources with knowledge of the process. The decision earlier this month sets back efforts to simplify
AkzoNobel’s pioneering methodology for rewarding ship owners who use sustainable hull coatings has been named Environmental Leader Product of the Year for 2016. The award recognizes the introduction of the shipping industry’s first carbon credits methodology
Corvus Energy’s next generation Orca ESS has been selected by Halvorsen for the retrofit of the fisheries and environmental research vessel MS Johan Hjort. Halvorsen Power System AS has selected Corvus Energy as the supplier of the lithium ion based energy storage system (ESS) for a
Manufacturer of lithium-ion based energy storage systems (ESS) Corvus Energy said it is set to unveil its next generation product line, Orca ESS, specifically designed and built to meet the needs of maritime applications. The Orca ESS product line
The U.S. government agency created after the 2010 Deepwater Horizon oil spill plans in coming weeks to unveil tougher financial requirements for offshore oil producers aimed at protecting taxpayers from the risk of cleaning up abandoned oil rigs, an agency executive told Reuters.
A U.S. warship took its first delivery of Italian-made biofuel on Thursday as part of the Navy's programme to use more alternative energy. The USS Mason was refuelled alongside an Italian vessel, the Andrea Doria, in the seas off of Italy's southern coast with a mix produced by Italy's
The Hour of Power Comes of Age The marine industry is now recognizing the potential of utilizing hybrid power and innovative propulsion systems. Certain maritime sectors are potentially well suited to hybrid systems. These include ferries
Following a successful Network Innovation Competition bid in 2015, DNV GL has secured innovation funding from SGN to partner in a project to demonstrate the viability and practical reality of a mixed-source, energy-centric gas network for the future
India plans to form an alliance with Japan and South Korea to buy liquefied natural gas (LNG) at "reasonable prices", the country's oil minister Dharmendra Pradhan said. India may soon rope China into the alliance as well, he said.
Michael Lempke has been appointed vice president of energy programs for Huntington Ingalls Industries’ (HII) Newport News Shipbuilding division, succeeding Pete Diakun, who will retire at the end of the year after 31 years of service.
On the occasion of Electric & Hybrid Marine World Expo in Amsterdam, Barillec will focus on its VarShaft system, whose first prototype is now available in its showroom in Concarneau. VarShaft has been developed to improve energy efficiency of fishing boats and other service vessels.