Marine link
 

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


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


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.


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


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.  


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


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


Indonesia Expects Total to Decide on Mahakam within days

Indonesias offshore Mahakam oil and gas block Photo Total

   French oil firm Total  will decide how much interest it will retain from 2018 in Indonesia's offshore Mahakam oil and gas block over the next two days, the country's energy minister said on Friday. From Jan. 1, 2018, state energy company Pertamina will take over as operator


Viking O&M Secures Rig Contract from a Chinese Firm

Picture of the 1,500-bhp train-type land drilling rig. Credit: Viking Offshore and Marine Limited

 Viking Offshore & Marine has secured a 48-month charter for a second land drilling rig system for US$31 million ($41.8 million).   Viking’s subsidiary Viking LR2 will charter the 1,500-bhp train-type land rig and related drilling equipment system to a Chinese land rig


CMES Rides High on Hope

Image: CMES

China Merchants Energy Shipping (CMES), a Chinese international oil tanker operator, projects doubled profit in the first half of 2015 from a year ago.    The Shanghai-listed Chinese ship-owner predicted on Friday that its net profits attributable to its shareholders would rise 110-130


Gazprom, Gasunie Sign Framework Agreement - LNG

Han Fennema and Alexey Miller

  At a Meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Han Fennema, CEO and Chairman of the Executive Board of Gasunie a Framework Agreement on cooperation in the area of small scale LNG was signed by the two parties


ICS: U.S. Approach to LNG 'Protectionist'

The International Chamber of Shipping Represents the Worlds shipowners at IMO Photo ICS

According to the Internatinal Chamber of Shipping, the United States Congress signaled last week its intention to approve major free trade deals with Asia and Europe. ICS voices serious concern about the potentially protectionist approach being taken by the U.S


Conference to Delve into Hybrid Power & Propulsion

HYBRID MARINE LOGO.jpg

The first international Hybrid Marine Power & Propulsion Conference will be held at the RNLI Lifeboat College, Poole UK from October 6-8, 2015.   Shock Mitigation will bring together an international group of experts, armed with the latest knowledge that will identify the potential


Canada Slaps Sanctions on Russia Energy Firms

Canada slaps sanctions on Gazprom, other Russia energy firms   Canada is imposing economic sanctions against Russian energy firms such as natural gas producer Gazprom OAO in response to the actions of Russian-backed militants in Ukraine, Ottawa said on Monday.  


Boskalis Wins Veja Mate OWF Foundations Deal

Veja Mate offshore wind farm

  Royal Boskalis Westminster N.V. (Boskalis) in partnership with VolkerWessels (Volker Stevin International) has been awarded a contract by Veja Mate Offshore Project GmbH for the design, procurement, fabrication, supply, transportation


Voith Turbo Names Calhoun VP of O&G Sales

Shawn Calhoun (Photo: Voith)

Shawn Calhoun has joined Voith Turbo’s Power, Oil & Gas Division as Vice President of Sales – Oil and Gas, to be based at the company’s new Houston, Texas office with the mission of supporting existing customers and expanding Voith Turbo’s footprint in the oil and gas


US Refiners' Group Wants Wide Debate on Oil Exports

The U.S. oil refining industry's association is not opposed to lifting the country's 40-year-old ban on crude exports as long as the move is part of a bigger effort to lower barriers to trade, the group's new head said on Tuesday.   "We're not opposed to lifting the export ban


Monopiles Terminal to Be Built in Rotterdam

Artist’s impression of Sif-Verbrugge Terminal MV2 (Image: Port of Rotterdam Authority)

Sif and Verbrugge to build terminal for offshore wind energy on Maasvlakte 2   Sif Group, Verbrugge International and the Port of Rotterdam Authority have signed an agreement in principle for the construction of a production and storage/handling terminal in Rotterdam


China Huarong in Distress

The first 6,500-TEU containership from its shipyard: China Rongsheng Heavy

 China Huarong Energy Co, formerly known as China Rongsheng Heavy Industries, said in a regulatory filing that a memorandum of understanding on the disposal of assets to an unnamed buyer has expired. Huarong announced in March a potential sale of its core shipbuilding and engineering business


Noreco Ink Deal with Denmark Partners

Logo

  Norwegian Energy Company ASA announces that it has reached an agreement with its joint venture partners in Denmark with respect to its forfeited licences and related abandonment liabilities. Noreco has terminated its joint venture and its participation in the Nini and Cecile oilfields


Litgas, Statoil JV to Develop Baltic Sea LNG

Photo: LITGAS

 Natural gas supply and trading company Litgas, part of Lithuania's state owned energy holding Lietuvos Energija, and Statoil, leading global energy company in oil and gas production, signed a memorandum of understanding (MoU) on July 2nd in Vilnius


Drydocks World Completes World’s Largest Turret

Drydocks World marks key milestone in completing the worlds largest turret

  Drydocks World the leading provider of maritime and offshore services to the shipping, oil, gas and energy sectors marked a major milestone in successfully completing the world’s largest turret mooring system with His Highness Sheikh Ahmed bin Saeed Al Maktoum, President






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright