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
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
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
Connaughton Signs Northeast Gateway Deepwater Port License
Sean T. Connaughton signed Excelerate Energy’s Northeast Gateway Energy Bridge Deepwater Port license today in Washington DC. Excelerate will build the Northeast Gateway deepwater port approximately 18 miles east of Boston, Massachusetts. Spectra Energy, formerly Duke Energy, will build a 16-mile subsea pipeline from its existing HubLine to the deepwater port site to transfer natural gas from the vessels into New England’s gas pipeline network.
IEA Pushes for Renewables and Nuclear Power
In a review of Finnish energy policies launched, the International Energy Agency praised Finland for its commitment to a sustainable energy future. With its energy-intensive industries and its cold climate, Finland’s energy consumption per capita is the highest in the IEA
Oceanteam Offshore Vessels Fully Employed in Q1 2013
Oceanteam also says it continued its investment program in 2.000 / 4.000-ton modular carousel systems. Highlights for the first quarter of 2013: · Revenue from operations USD 16.5 million · EBITDA from operations is positive USD 7.2 million
POLB Formalizes Its Energy Policy
The Long Beach Board of Harbor Commissioners' energy policy aims to secure a more sustainable and resilient supply of power as demand grows. The Energy Policy declares that the Port will implement measures to increase efficiency, conservation, resiliency
New Subsea Snubbing Unit Safer, Optimizes Rig-Time
Balance Point Control Ltd. (BPC), a Superior Energy Services, Inc. company, has developed the Concentric Snubbing Unit- 160 (CSU – 160) rig assist snubbing unit. According to BPC their new CSU-160 is the first fully remote-operated snubbing unit on the market
PPG Begins Protective/Marine Coatings Production at Poland Facility
PPG Industries announced it has started manufacturing protective and marine coatings (PMC) at the company’s facility in Ostrów Wielkopolski, Poland. The facility, which previously produced architectural coatings and was part of PPG’s January 2012 acquisition of Dyrup A/S
Eco Marine & KEI System to Launch Aquarius MAS
Robust automation, control and management system for marine renewable energy solutions. Eco Marine Power (EMP) and KEI System Ltd (KEI) of Osaka, Japan, announced today that they will release later this year, the Aquarius Monitoring and Automation System or Aquarius MAS – a marine
Northrop Get Navy 'Star Wars' Laser Contract
The U.S. Navy selects Northrop Grumman for the initial phase of the Solid State Laser Technology Maturation (SSL-TM) program. SSL-TM is a research and development project to mature solid-state, high-power laser weapon systems and components for ship defense.
Marinette Marine Completes $74 Million Shipyard Improvements
On Monday, May 20, Marinette Marine Corporation (MMC) of Fincantieri Marine Group, held a ribbon cutting ceremony to commemorate the opening of the company’s newest facility and to mark the completion of Fincantieri’s $74 million investment in the shipyard.
Ingalls Appoints Mathieu as VP and GM of Avondale
Huntington Ingalls Industries announced that René Mathieu has been named vice president and general manager, Avondale Industries Inc., effective May 20. He is responsible for all non-Navy aspects of HII's energy infrastructure business in Avondale, La
Nominees Announced For Three Nor-Shipping Awards
Nor-Shipping announced the nominees for the 2013 Nor-Shipping Awards which recognize achievements in three different areas – energy efficiency, innovative ship design and young entrepreneurship. HRH Crown Prince Haakon of Norway will present the awards when they are announced at the Opening
IMO MEPC Implements Further Energy Efficiency
The Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) met for its 65th session from May 13-17 2013, at IMO Headquarters in London. The committee made significant progress in its work on further developing energy-efficiency regulations; adopted an
Ro-Ro Specific EEDI Approval Welcomed by Interferry
A sector-specific Energy Efficiency Design Index (EEDI) for new ro-ro cargo & ro-pax vessels has been agreed by the IMO Marine Environment Protection Committee – MEPC 65. Formal approval was confirmed late on Friday (May 17) for an Interferry-backed modification that will take effect
MHI Acquires Pratt & Whitney Power Systems
Mitsubishi Heavy Industries, Ltd. (MHI) completed its acquisition of Pratt & Whitney Power Systems, the small and medium-size gas turbine business unit of Pratt & Whitney (P&W), an aeroengine manufacturer. Pratt & Whitney Power Systems has changed its corporate name to PW Power
Greene's Energy Name Regional Manager
Juan Gonzalez Jr. appointed as Western Regional Manager for the company’s Testing and Services business unit. Based in Alice, Texas, Gonzalez will oversee the drilling and construction operations for projects in both South and West Texas regions
Megan Bel Joins National Ocean Industries Association Staff
Megan Bel joined the staff of the National Ocean Industries Association (NOIA) as Senior Director, Government and Political Affairs. She comes to NOIA from the Office of Congressman Steve Scalise (R-LA) where she served as Legislative Director since 2008