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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.


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.  


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


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


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


$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


Shell's Arctic Return Faces Hurdle at Seattle Port

Royal Dutch Shell's quest to return to Arctic drilling for the first time in three years could face delays after Seattle ruled that the city's port must apply for a permit for the company to use it as a hub for drilling rigs.   Seattle Mayor Ed Murray


Hybrid Power for Workboats: The Future is Now

Deep Blue Hybrid by Torqeedo is a fully integrated scalable system, offering hybrid propulsion and providing complete onboard energy management.

Hybrid marine power and propulsion systems for workboats isn’t farfetched. In fact, it may be essential.   In 2015, two significant developments are going to make many operators, owners and builders of professional vessels consider hybrid marine power


Tender for second Egypt LNG Terminal Issued

Egypt has issued a five-year tender to lease a second liquefied natural gas (LNG) import terminal, the head of the state gas board told Reuters on Monday, seeking to tackle an energy crisis. Egypt was once an energy exporter but declining oil and gas production and increasing consumption has


FEIS for Magnolia LNG Project Due in November

The Directors of Liquefied Natural Gas Limited advised that the United States Federal Energy Regulatory Commission (FERC) has issued the Notice of Schedule for Environmental Review (SER) for the company’s Magnolia LNG Project, setting November 16


Corvus Energy Powers New Port Cranes in China

Six new hybrid rubber-tired gantry cranes (RTGs) powered by Corvus Energy to be installed in Waigaoqiao Terminal, Shanghai   Corvus Energy announced it will provide the battery systems for an additional six new integrated hybrid solutions for new rubber-tired gantry cranes (RTGs) that will


Topaz Energy and Marine Secures $550m Facility

Topaz Energy and Marine, an offshore support vessel company, announced a new $550 million facility.   The facility is arranged over three tranches. The first is a conventional and Islamic senior secured, term loan of $350 million over seven years which will be used principally to repay


CMES Q1 Profit Surges on Strong VLCC Earnings

Pic: China Merchants Energy Shipping

 China Merchants Energy Shipping has posted 22.6% on-year growth in net profit to Yuan225m ($36.3m) during the first quarter ended 31 March 2015 due to buoyant tanker markets.   Revenue for the quarter more than doubled to RMB1.36bn from YuanB660.44m a year ago.  


UASC Names Ultra-large LNG-ready Containership

M.V Barzan (Image courtesy of USAC)

United Arab Shipping Company (UASC) named container vessel M.V. Barzan at Hyundai Samho Heavy Industries (HSHI), Mokpo South Korea today. The ship, the largest in UASC’s fleet to date, is part of the industry’s first LNG-ready ultra-large container vessel fleet.  


MacGregor Delivers Major Winch for Korean Heavy Lift Barge

MacGregor 90 tonne electric main hoisting winch

Following an order announced in October 2013, MacGregor, part of Cargotec delivered and commissioned 45 variable frequency drive (VFD) winches and a full control system for the recently completed heavy-lift crane barge Hyundai HLV-10000, one of the largest heavy lift vessels in the world.


New Water Maker

ACO Marine launched a new water recovery system that is designed to give vessel owners greater capacity to reuse the treated effluent from wastewater treatment plants. The ACO Water Maker WM3 converts treated wastewater into pure distilled technical water for such applications as general


Drydocks World Wins Dubai Chamber CSR Label

Award for Drydocks World  - recognition of its excellence in the areas of social responsibility

  Drydocks World group the leading provider of maritime and offshore services to the shipping, oil, gas and energy sectors has received the Dubai Chamber Corporate Social Responsibility Label in recognition of their efforts and contribution to excellence in various areas of social


Norwegian Car Carriers to Buy Two from Hyundai Samho

Image: Norwegian Car Carriers

 Oslo-listed Norwegian Car Carriers (NOCC) has signed a contract with Hyundai Samho Heavy Industries for the construction of two 6500 ceu Pure Car Truck Carrier (OCTCs).   Delivery from the South Korean shipyard is scheduled for between the fourth quarter 2016 and first quarter 2017


Skangass Celebrates Topping Up

LNG terminal in Pori: NOK Skangass

 Nordic liquefied natural gas operator Skangass  has celebrated a topping out ceremony at its Pori LNG terminal. The company said it was making progress in the construction of the storage tank for Finland's first LNG import terminal at the southern port of Pori.  


H-Energy to Build Floating LNG Terminal in West Bengal and Canada

Niranjan Hiranandani, Chairman, (Pic by Construction Skill Development Council of India)

 Business Standard reported that real estate developer Hiranandani Group plans to set up a INR 2,400 crore floating LNG import terminal off Haldia, West Bengal and supply imported gas to users as far as Paradip in Odisha.   H-Energy Pvt Ltd, the Energy arm of the Hiranandani Group


OSV Technology: Notable Designs & Deliveries

MV Shelia Bordelon

Though the market for Offshore Support Vessels (OSVs) is soft, advances in technology, fit and finish in  the sector is unrivaled in any other maritime niche over the past five years. Here’s a look at some of the more notable designs and deliveries.






 
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